MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0137822
Goodworks Spaces Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.22 Cr
▲ 4% YoY
Net profit · FY 2024
₹63.86 Lakh
Net margin 5.7%
EBITDA · FY 2024
₹88.13 Lakh
EBITDA margin 7.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Goodworks Spaces Private Limited
Data last updated:
Goodworks Spaces Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 21 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45500KA2017PTC104895. Its GSTIN is 29AAGCG9314A1ZR (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishwas Guruppa Mudagal (Managing Director) and Bangalore Jaikumar Pramod.
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 Plot No.72 & 73 4th Floor Akshay Tech Park Epip Area Hoodi Village Whitefied, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.22 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹63.86 Lakh (net margin 5.7%) and EBITDA of ₹88.13 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 41% over five years.
The company is associated with 2 brands: GoodWorks Coworker and Terraxis Partners. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 cases are pending.
Goodworks Spaces Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0137822). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goodworks.in.
Company details
CIN U45500KA2017PTC104895
Registration Number 104895
Incorporation Date 21 July 2017
ROC Bangalore
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 Small
Udyam Registration UDYAM-KR-03-0137822
Recognitions & Rankings of Goodworks Spaces
Contact details
Goodworks Spaces Private Limited's registered office is in Bangalore, Karnataka. Its website is goodworks.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.72 & 73 4th Floor Akshay Tech Park Epip Area Hoodi Village Whitefied, Bangalore, Karnataka, India – 560066
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Goodworks Spaces Private Limited, buy the company report.
Comprehensive company report
Goodworks 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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Brands
Goodworks Spaces operates two associated brands: GoodWorks Coworker and Terraxis Partners. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides flexible coworking spaces, managed offices, and virtual setups for enterprises. | goodworkscowork.com | |
| Offers consulting, implementation, and scaling for global operations. | terraxispartners.com |
Business activity
The main business activity of Goodworks Spaces is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Goodworks Spaces Private Limited, buy the company report.
Financials of Goodworks Spaces Private Limited
FY 2025 filings availableGoodworks Spaces Private Limited reported revenue of ₹11.22 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹11.22 Cr ▲ 4%
Net profit · FY 2024
₹63.86 Lakh margin 5.7%
EBITDA · FY 2024
₹88.13 Lakh margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 9%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 3%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 4% growth in the latest year. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹88.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹63.86 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Goodworks Spaces Private Limited, buy the company report.
Board of directors of Goodworks Spaces Private Limited
Goodworks Spaces has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwas Guruppa Mudagal Also directs: Goodworks Technologies LLP, Goodworks Infra Private Limited, Goodworklabs Services Private Limited and 1 more | Managing Director | 21 Jul 2017 | 9 Years 3 Months | Current |
| Bangalore Jaikumar Pramod Also directs: Goodworks Infra Private Limited, Nathan and Nathan Associates LLP, Bequest Property Developers Private Limited and 1 more | Additional Director | 18 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Goodworks Spaces Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Royal Infrasoft Private Limited | ₹11.3 Cr (FY 2021) | 1.0% | Kolkata, West Bengal, India | |||
| Zodiac Finsec and Holdings Limited | ₹11.28 Cr (FY 2017) | 39.0% | Mumbai, Maharashtra, India | |||
| Japson Estates Private Limited | ₹11.27 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Goodworks Spaces Private Limitedthis company | ₹11.22 Cr (FY 2024) | ₹63.86 Lakh | 5.7% | 4.0% | Bangalore, Karnataka, India | |
| Mahalaxmi Nirmaan Private Limited | ₹11.21 Cr (FY 2025) | 135108.0% | Kolkata, West Bengal, India | |||
| P.C. Chandra Estates Private Limited | ₹11.21 Cr (FY 2025) | -57.0% | Kolkata, West Bengal, India | |||
| Alpump Limited | ₹11.19 Cr (FY 2025) | 669.0% | Chennai, Tamil Nadu, India | |||
| Aver Software Technologies Limited | ₹11.18 Cr (FY 2024) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Goodworks Spaces Private Limited, buy the company report.
Auditor
Goodworks Spaces Private Limited is audited by K K BHAGERIA AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K BHAGERIA AND CO | FY 2022 | 101106W |
Shareholding
The shareholding of Goodworks Spaces Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goodworks Spaces Private Limited, buy the company report.
Legal cases
Goodworks Spaces Private Limited has 7 court cases on record: 1 filed by Goodworks Spaces, 6 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed against the company by Emmess Technologies Pvt Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.EX.) | Filed by the company against an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Revision petition | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Goodworks 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.
MSME payment delays
Goodworks Spaces Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Opt IT Technologies India Private Limited | |||
| Hasiru Dala Innovations Private Limited |
To see the full MSME payment records of Goodworks Spaces Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Goodworks Spaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCG9314A1ZR | Karnataka | Active | 30 Aug 2017 |
To see the full GST registrations and return filing status of Goodworks Spaces Private Limited, buy the company report.
Recent activity
Goodworks Spaces Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Bangalore Jaikumar Pramod was appointed as Additional Director on 18 Nov 2025.
Appointed
Bangalore Jaikumar Pramod was appointed as Additional Director.
AGM
Goodworks Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Goodworks Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Manjunatha Krishnamurthy Byadagere was appointed as Director.
Ceased
Lekha Thavaradevarakoppalu Annegowda ceased to be Additional Director.
Ceased
Sonia Sharma ceased to be Director.
Ceased
Vishwas Guruppa Mudagal ceased to be Director.
Appointed
Vishwas Guruppa Mudagal was appointed as Managing Director.
Incorporation
21 Jul 2017
Goodworks Spaces Private Limited was registered on 21 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.
Frequently asked questions
Goodworks Spaces is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 21 July 2017 (9+ years old) and is registered under CIN U45500KA2017PTC104895.
Goodworks Spaces has 2 current directors:
- Vishwas Guruppa Mudagal - Managing Director
- Bangalore Jaikumar Pramod - Additional Director
The latest financial statements of Goodworks 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 FY 2018 are in the company report.
The GSTIN of Goodworks Spaces is 29AAGCG9314A1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Goodworks Spaces is U45500KA2017PTC104895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodworks Spaces has 7 court cases on record: 1 filed by the company and 6 filed against it. 2 are pending.
Goodworks Spaces was incorporated on 21 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Goodworks Spaces by revenue are Royal Infrasoft Private Limited, Zodiac Finsec and Holdings Limited, Japson Estates Private Limited, Mahalaxmi Nirmaan Private Limited, P.C. Chandra Estates Private Limited and 2 more, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Bangalore Jaikumar Pramod was appointed as Additional Director on 18 Nov 2025. Manjunatha Krishnamurthy Byadagere was appointed as Director on 04 Sep 2023. Lekha Thavaradevarakoppalu Annegowda ceased to be Additional Director on 30 Nov 2021. Goodworks Spaces has 6 board changes on record in total.
Yes, Goodworks Spaces is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0137822).
Goodworks Spaces has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 17 Feb 2021.
Goodworks Spaces can be reached through the website goodworks.in. Its registered office is in Bangalore, Karnataka, India.