MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0057367
Flipspaces Technology Labs Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹276.42 Cr
▲ 67% YoY
Net profit · FY 2025
₹3.82 Cr
Net margin 1.4%
EBITDA · FY 2025
₹13.5 Cr
EBITDA margin 4.9%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹42.62 Lakh
Issued & subscribed
Open charges
₹25 Cr
Satisfied ₹15 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
281
Provident fund records
About Flipspaces Technology Labs Private Limited
Data last updated:
Flipspaces Technology Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 08 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC266456. Its GSTIN is 27AACCF6130F1ZY (Maharashtra). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹42.62 Lakh. It is led by directors including Vikash Anand and Ankur Muchhal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹276.42 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹3.82 Cr (net margin 1.4%) and EBITDA of ₹13.5 Cr (EBITDA margin 4.9%).
The company has about 281 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Vizstore and Flipspaces. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹15 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it; 4 cases are pending. The company has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹758.19 Cr; the latest was in September 2025.
Flipspaces Technology Labs Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0057367). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flipspaces.com.
Company details
CIN U74999MH2015PTC266456
Registration Number 266456
Incorporation Date 08 July 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0057367
Key People
Rikin Kapadia Nominee Director Ashok Ananthakrishnan Nominee Director Vikash Anand Director Recognitions & Rankings of Flipspaces Technology Labs
Contact details
Flipspaces Technology Labs Private Limited's registered office is in Mumbai, Maharashtra. Its website is flipspaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit Nos. 801B 801C And 802A 8th Floor Eureka Tower Mindspace Link Road Mala, D (West), Mumbai, Maharashtra, India – 400064
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Flipspaces Technology Labs Private Limited, buy the company report.
Comprehensive company report
Flipspaces Technology Labs Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Flipspaces Technology Labs operates two associated brands: VIZSTORE and Flipspaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Virtual platform for furniture retail, digitizing catalogs, showcasing products, and tracking customer data. | vizstore.in | |
| Provider of interior design, product supply, and project management services for facilities | flipspaces.com |
Business activity
The main business activities of Flipspaces Technology Labs are information and communication and construction. In detail, this covers computer programming, consultancy and related activities and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Flipspaces Technology Labs Private Limited, buy the company report.
Financials of Flipspaces Technology Labs Private Limited
FY 2025 filings availableFlipspaces Technology Labs Private Limited reported revenue of ₹276.42 Cr (up 67% YoY) for FY 2025.
Revenue · FY 2025
₹276.42 Cr ▲ 67%
Net profit · FY 2025
₹3.82 Cr margin 1.4%
EBITDA · FY 2025
₹13.5 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 67%
Revenue rose 67% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹276.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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To see the full financial statements and ratios of Flipspaces Technology Labs Private Limited, buy the company report.
Board of directors of Flipspaces Technology Labs Private Limited
Flipspaces Technology Labs has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rikin Kapadia Also directs: Foodvista India Private Limited, Travelstack Tech Limited | Nominee Director | 24 Feb 2026 | 0 Years 8 Months | Current |
| Ashok Ananthakrishnan Also directs: Ama Growth Advisors LLP, Ama Capital Advisors Private Limited, Naffa Innovations Private Limited and 2 more | Nominee Director | 23 May 2025 | 1 Years 5 Months | Current |
| Vikash Anand Also directs: Gloob Interior Design Private Limited | Director | 12 Oct 2017 | 9 Years 0 Months | Current |
| Subramanian Venketakrishnan Also directs: Nikhil Adhesives Limited | Nominee Director | 16 Sep 2025 | 1 Years 1 Months | Current |
| Ankur Muchhal | Director | 12 May 2025 | 1 Years 5 Months | Current |
| Mrinal Vijaykumar Sharma Also directs: Gloob Interior Design Private Limited | Director | 12 Oct 2017 | 9 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Flipspaces Technology Labs Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2024 | 001076N |
Shareholding
The shareholding of Flipspaces Technology Labs Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flipspaces Technology Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2024 | 101003875 | Standard Chartered Bank | ₹25 Cr | Open | |
| 12 Jun 2023 | 100786099 | Others | ₹2 Cr | Satisfied | |
| 10 Jun 2022 | 100595083 | Others | ₹4.5 Cr | Satisfied | |
| 13 Oct 2021 | 100504720 | Others | ₹3.5 Cr | Satisfied | |
| 27 Aug 2020 | 100403762 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Flipspaces Technology Labs Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Flipspaces Technology Labs Private Limited has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹758.19 Cr; the latest was in September 2025.
Total deals
10
Funding rounds
6
Secondary share transfers
4
Disclosed funding
₹758.19 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Funding round · Series B | ₹258.94 Cr | Investors: Iron Pillar, CE Invests Limited, Panthera Growth Partners |
| May 2024 | Secondary share transfer | Undisclosed | Buyer: Athena Analytics LLP Seller: Invictus Business Ventures LLP |
| Feb 2023 | Funding round · Pre-Series B | ₹10.1 Cr | Investors: Dholakia Ventures, Shatalat Investment Sole Proprietorship L.L.C, Silver Complex Private Limited |
| Feb 2022 | Funding round · Series A | ₹22.64 Cr | Investors: Dezerv Investments, MGA Ventures, Mukesh Sharma Family Trust, an individual |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Cardbytes Digital Solution Private Limited , 2 individuals Seller: 4 individuals |
To see the full deal history of Flipspaces Technology Labs Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flipspaces Technology Labs Private Limited has 16 court cases on record: 10 filed by Flipspaces Technology Labs, 6 filed against it. 4 cases are pending and 12 are disposed.
Total cases
16
Filed by the company
10
Filed against the company
6
Pending
4
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 3 |
| High courts | 3 | 1 | 1 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against GVFL Limited | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Oswal Energies Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Grabonrent Internet Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Reliance Nippon Life Insurance Company Limited and 1 other | Disposed |
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by Rupa Publications India Pvt Ltd | Disposed |
To see the full case history of Flipspaces Technology Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flipspaces Technology Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Flipspaces Technology Labs has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Gloob Interior Design Private Limited | U45400MH2011PTC222160 |
To see the full group structure of Flipspaces Technology Labs Private Limited, buy the company report.
Employees & EPFO
Flipspaces Technology Labs Private Limited has a workforce of 281 employees on its EPFO records as of Nov 22, 2025, across 1 active EPFO establishment.
Employee count
281
Active EPFO establishments
1
Employee growth
2.18%
GST
Flipspaces Technology Labs has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
9
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF6130F1ZY | Maharashtra | Active | 01 Jul 2017 |
| 27AACCF6130F3ZW | Maharashtra | Active | 06 May 2024 |
| 29AACCF6130F1ZU | Karnataka | Active | 25 Apr 2019 |
| 07AACCF6130F1Z0 | Delhi | Active | 23 Jun 2020 |
To see the full GST registrations and return filing status of Flipspaces Technology Labs Private Limited, buy the company report.
Recent activity
Flipspaces Technology Labs Private Limited has 8 board changes on record since 2017: 7 appointments and 1 cessation. The latest: Rikin Kapadia was appointed as Nominee Director on 24 Feb 2026.
Appointed
Rikin Kapadia was appointed as Nominee Director.
Ceased
Hithendra Karadathodi Ramachandran ceased to be Nominee Director.
AGM
Flipspaces Technology Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Subramanian Venketakrishnan was appointed as Nominee Director.
Appointed
Ashok Ananthakrishnan was appointed as Nominee Director.
Charges
A charge registered on 10 Jun 2022 via Charge ID 100595083 with Others was fully satisfied on 14 May 2025.
Appointed
Ankur Muchhal was appointed as Director.
Filing
Flipspaces Technology Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 12 Jun 2023 via Charge ID 100786099 with Others was fully satisfied on 18 Feb 2025.
Charges
A charge registered on 13 Oct 2021 via Charge ID 100504720 with Others was fully satisfied on 18 Feb 2025.
Charges
A charge with Others of Rs. 450.00 Lakh registered on 10 Jun 2022 with Charge ID 100595083 was modified on 11 Feb 2025.
Charges
A charge with Standard Chartered Bank amounted to Rs. 2,500.00 Lakh with Charge ID 101003875 was registered on 12 Nov 2024.
11 earlier events are in the company report.
News
Frequently asked questions
Flipspaces Technology Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 08 July 2015 (11+ years old) and is registered under CIN U74999MH2015PTC266456.
Flipspaces Technology Labs has 7 current directors:
- Rikin Kapadia - Nominee Director
- Ashok Ananthakrishnan - Nominee Director
- Vikash Anand - Director
- Subramanian Venketakrishnan - Nominee Director
- Ankur Muchhal - Director
- Mrinal Vijaykumar Sharma - Director
- Kunal Sharma - Director
The latest financial statements of Flipspaces Technology Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Flipspaces Technology Labs is 27AACCF6130F1ZY, registered in Maharashtra. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCF6130F3ZW (Maharashtra), 29AACCF6130F1ZU (Karnataka), 07AACCF6130F1Z0 (Delhi).
The CIN (Corporate Identification Number) of Flipspaces Technology Labs is U74999MH2015PTC266456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flipspaces Technology Labs has 16 court cases on record: 10 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Flipspaces Technology Labs was incorporated on 08 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Flipspaces Technology Labs has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹758.19 Cr; the latest was in September 2025.
Rikin Kapadia was appointed as Nominee Director on 24 Feb 2026. Hithendra Karadathodi Ramachandran ceased to be Nominee Director on 24 Oct 2025. Subramanian Venketakrishnan was appointed as Nominee Director on 16 Sep 2025. Flipspaces Technology Labs has 8 board changes on record in total.
Yes, Flipspaces Technology Labs is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0057367).