MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0033589
Gcorp Spaces Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.08 Cr
▼ 85% YoY
Net loss · FY 2025
₹3.06 Cr
Net margin -37.9%
EBITDA · FY 2025
-₹83.7 Lakh
EBITDA margin -10.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹81.48 Lakh
Issued & subscribed
Open charges
₹175 Cr
Satisfied ₹182.5 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
2
Provident fund records
About Gcorp Spaces Private Limited
Data last updated:
Gcorp Spaces Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Prei Fund. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2012PTC062993. Its GSTIN is 29AAECG6624M1Z5 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹81.48 Lakh. It is led by directors including Muninder Seeru (Managing Director) and Ashwin Ramesh Mansharamani.
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 No.21/19 Craig Park Layout Off – M.G. Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.08 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹3.06 Cr (net margin -37.9%) and EBITDA of -₹83.7 Lakh (EBITDA margin -10.4%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 26% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹175 Cr and satisfied charges of ₹182.5 Cr on record. Court records list 20 cases involving the company, including 15 filed by the company and 5 filed against it; 2 cases are pending. The company has 8 deals on record (3 debt financings, 2 funding rounds, 2 rights issues), with disclosed funding of ₹256.11 Cr; the latest was in February 2021. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 1 smaller; the largest is Th Infracon Private Limited with revenue of ₹8.08 Cr.
Gcorp Spaces Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0033589). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gcorpgroup.com.
Company details
CIN U45200KA2012PTC062993
Registration Number 062993
Incorporation Date 13 March 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Prei Fund
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0033589
Key People
Muninder Seeru Managing Director Prasanna Pai Sringeri Cfo Ashwin Ramesh Mansharamani Director Recognitions & Rankings of Gcorp Spaces
Contact details
Gcorp Spaces Private Limited's registered office is in Bangalore, Karnataka. Its website is gcorpgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.21/19 Craig Park Layout Off – M.G. Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Gcorp Spaces Private Limited, buy the company report.
Comprehensive company report
Gcorp Spaces 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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Business activity
The main business activity of Gcorp Spaces is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Gcorp Spaces Private Limited, buy the company report.
Financials of Gcorp Spaces Private Limited
FY 2025 filings availableGcorp Spaces Private Limited reported revenue of ₹8.08 Cr (down 85% YoY) for FY 2025.
Revenue · FY 2025
₹8.08 Cr ▼ 85%
Net loss · FY 2025
₹3.06 Cr margin -37.9%
EBITDA · FY 2025
-₹83.7 Lakh margin -10.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 55%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▲ 95%
3 years · compounded
▼ 9%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 85% fall in the latest year. EBITDA rose 95% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹83.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.06 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 | -10.4% | ||||
| Net Profit Margin | -37.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Gcorp Spaces Private Limited, buy the company report.
Board of directors and KMP of Gcorp Spaces Private Limited
Gcorp Spaces Private Limited currently reports 4 directors and 1 key managerial person. 10 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Ramesh Mansharamani Also directs: Safalya Estates and Trading LLP, Safalya Foods LLP, Gray Investments Private Limited and 5 more | Director | 26 Jul 2013 | 13 Years 3 Months | Current |
| Muninder Seeru | Managing Director | 13 Mar 2012 | 14 Years 7 Months | Current |
| Siddharth Ghanshyam Sheth | Director | 26 Jul 2013 | 13 Years 3 Months | Current |
| Anil Kumar Mishra Also directs: G: Corp Developers Private Limited, Gcorp Housing Private Limited, G Corp Property Management Private Limited and 4 more | Director | 29 Sep 2020 | 6 Years 1 Months | Current |
| Prasanna Pai Sringeri | Cfo | 01 Jul 2021 | 5 Years 4 Months | Current |
Peer comparison
Gcorp Spaces Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Th Infracon Private Limited | ₹8.08 Cr (FY 2025) | -47.0% | Kolkata, West Bengal, India | |||
| Dynamo Realcon Private Limited | ₹8.08 Cr (FY 2024) | 13.0% | Uttarpara, West Bengal, India | |||
| Gcorp Spaces Private Limitedthis company | ₹8.08 Cr (FY 2025) | -₹3.06 Cr | -37.9% | -85.0% | 2 | Bangalore, Karnataka, India |
| Devanse Infra Corp Private Limited | ₹8.07 Cr (FY 2025) | 718.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gcorp Spaces Private Limited, buy the company report.
Auditor
Gcorp Spaces Private Limited is audited by KALYANIWALLA & MISTRY LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYANIWALLA & MISTRY LLP | FY 2023 | 104607W/W100166 |
Shareholding
The shareholding of Gcorp Spaces Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gcorp Spaces Private Limited, buy the company report.
Charges & borrowings
Open charges
₹175 Cr
Satisfied charges
₹182.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2016 | 10628441 | Others | ₹50 Cr | Open | |
| 06 Jun 2014 | 10510131 | Others | ₹125 Cr | Open | |
| 18 Aug 2021 | 100474204 | Others | ₹40 Cr | Satisfied | |
| 24 Feb 2021 | 100448487 | Others | ₹42.5 Cr | Satisfied | |
| 15 Apr 2016 | 100053486 | Others | ₹100 Cr | Satisfied |
To see the full charge records of Gcorp Spaces Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Gcorp Spaces Private Limited has 8 deals on record (3 debt financings, 2 funding rounds, 2 rights issues), with disclosed funding of ₹256.11 Cr; the latest was in February 2021.
Total deals
8
Debt financings
3
Funding rounds
2
Rights issues
2
Secondary share transfer
1
Disclosed funding
₹256.11 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Debt financing | ₹42.5 Cr | Investors: Fairfax India, G: Corp Developers Private Limited , Primary Real Estate Advisors Private Limited |
| Jul 2019 | Funding round | ₹9 Cr | Investors: PREI Fund, G: Corp Developers Private Limited , Gray Investments Private Limited |
| Sep 2018 | Rights issue | ₹30 Cr | Investors: PREI Fund, G: Corp Developers Private Limited , Gray Investments Private Limited |
| Jan 2016 | Debt financing | ₹50 Cr | Investors: Primary Debt Investments, G: Corp Developers Private Limited , Quantum Advisors Private Limited |
| Jun 2015 | Rights issue | ₹20 Cr | Investors: PREI Fund, G: Corp Developers Private Limited , Gray Investments Private Limited |
To see the full deal history of Gcorp Spaces 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
Gcorp Spaces Private Limited has 20 court cases on record: 15 filed by Gcorp Spaces, 5 filed against it. 2 cases are pending and 18 are disposed.
Total cases
20
Filed by the company
15
Filed against the company
5
Pending
2
Disposed
18
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 3 | 1 |
| High courts | 8 | 2 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Revision petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by an individual | Disposed |
To see the full case history of Gcorp Spaces 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.
Credit ratings & regulatory alerts
Gcorp Spaces Private Limited was last rated by Brickwork on 01 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 01 Mar 2021 |
To see the full credit ratings and regulatory alerts of Gcorp Spaces Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gcorp Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gcorp Spaces Private Limited has a workforce of 2 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-33.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Gcorp Spaces Private Limited, buy the company report.
GST
Gcorp Spaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECG6624M1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gcorp Spaces Private Limited, buy the company report.
Recent activity
Gcorp Spaces Private Limited has 23 board changes on record since 2012: 14 appointments and 9 cessations. The latest: Geetha Ganesh ceased to be Director on 30 Jul 2022.
AGM
Gcorp Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gcorp Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 24 Feb 2021 via Charge ID 100448487 with Others was fully satisfied on 08 May 2023.
Charges
A charge with Others of Rs. 50.00 Cr registered on 04 Mar 2016 with Charge ID 10628441 was modified on 31 Mar 2023.
Charges
A charge with Others of Rs. 125.00 Cr registered on 06 Jun 2014 with Charge ID 10510131 was modified on 31 Mar 2023.
Charges
A charge registered on 18 Aug 2021 via Charge ID 100474204 with Others was fully satisfied on 04 Aug 2022.
Ceased
Geetha Ganesh ceased to be Director.
Charges
A charge with Others of Rs. 40.00 Cr registered on 18 Aug 2021 with Charge ID 100474204 was modified on 19 Aug 2021.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100474204 was registered on 18 Aug 2021.
Appointed
Prasanna Pai Sringeri was appointed as CFO.
Charges
A charge registered on 15 Apr 2016 via Charge ID 100053486 with Others was fully satisfied on 28 May 2021.
Ceased
Senthil Kumar Sekaran ceased to be CFO.
27 earlier events are in the company report.
Frequently asked questions
Gcorp Spaces is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 March 2012 (14+ years old) and is registered under CIN U45200KA2012PTC062993.
Gcorp Spaces has 5 current directors and KMP:
- Muninder Seeru - Managing Director
- Ashwin Ramesh Mansharamani - Director
- Siddharth Ghanshyam Sheth - Director
- Anil Kumar Mishra - Director
- Prasanna Pai Sringeri - Cfo
The latest financial statements of Gcorp Spaces 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 2015 are in the company report.
The GSTIN of Gcorp Spaces is 29AAECG6624M1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Gcorp Spaces is U45200KA2012PTC062993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gcorp Spaces has 20 court cases on record: 15 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Gcorp Spaces was incorporated on 13 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Gcorp Spaces has 8 deals on record (3 debt financings, 2 funding rounds, 2 rights issues), with disclosed funding of ₹256.11 Cr; the latest was in February 2021.
The peers of Gcorp Spaces by revenue are Th Infracon Private Limited, Dynamo Realcon Private Limited, Devanse Infra Corp Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Geetha Ganesh ceased to be Director on 30 Jul 2022. Prasanna Pai Sringeri was appointed as CFO on 01 Jul 2021. Senthil Kumar Sekaran ceased to be CFO on 30 Apr 2021. Gcorp Spaces has 23 board changes on record in total.
Yes, Gcorp Spaces is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0033589).
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