MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0102996
Howework Spaces Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.17 Cr
▲ 73% YoY
Net profit · FY 2025
₹1.17 Cr
Net margin 5.5%
EBITDA · FY 2025
₹1.76 Cr
EBITDA margin 8.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Howework Spaces Private Limited
Data last updated:
Howework Spaces Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2021PTC144729. Its GSTIN is 29AAFCH6786C1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jagannathan Rukmani (Managing Director) and Shakthi W B M Srinivasan.
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 Townhub 2nd Floor Municipal No 837/1 Binnamangala 100 Feet Road 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.17 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 5.5%) and EBITDA of ₹1.76 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 150% over three years.
As per MCA filings, the company has open charges of ₹1.1 Cr on record.
Howework Spaces Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0102996). For more details, the company can be reached via its website howeworkspaces.com.
Company details
CIN U51909KA2021PTC144729
Registration Number 144729
Incorporation Date 01 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-03-0102996
Recognitions & Rankings of Howework Spaces
Contact details
Howework Spaces Private Limited's registered office is in Bangalore, Karnataka. Its website is howeworkspaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTownhub 2nd Floor Municipal No 837/1 Binnamangala 100 Feet Road 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Howework Spaces Private Limited, buy the company report.
Comprehensive company report
Howework 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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Secure checkout · GST invoice included
Business activity
The main business activity of Howework Spaces is manufacturing. In detail, this covers manufacture of furniture.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 31 | Manufacture of furniture |
To see the full business activity and turnover split of Howework Spaces Private Limited, buy the company report.
Financials of Howework Spaces Private Limited
FY 2025 filings availableHowework Spaces Private Limited reported revenue of ₹21.17 Cr (up 73% YoY) for FY 2025.
Revenue · FY 2025
₹21.17 Cr ▲ 73%
Net profit · FY 2025
₹1.17 Cr margin 5.5%
EBITDA · FY 2025
₹1.76 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 150%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 143%
Revenue has grown at a compounded annual rate (CAGR) of 150% over three years, including 73% growth in the latest year. EBITDA rose 49% 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 |
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| EBITDA | ₹1.76 Cr | ||||
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| Net Profit (PAT) | ₹1.17 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Howework Spaces Private Limited, buy the company report.
Board of directors of Howework Spaces Private Limited
Howework Spaces has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shakthi W B M Srinivasan | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Jagannathan Rukmani | Managing Director | 01 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Howework Spaces Private Limited is audited by Pradeep Mardi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pradeep Mardi & Co | FY 2023 | 239278 |
Shareholding
The shareholding of Howework Spaces Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Howework Spaces Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2024 | 100908343 | Others | ₹1.1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Howework Spaces Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Howework Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Howework Spaces Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Howework Spaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH6786C1Z9 | Karnataka | Active | 08 Jun 2021 |
To see the full GST registrations and return filing status of Howework Spaces Private Limited, buy the company report.
Recent activity
Howework Spaces Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Jagannathan Rukmani was appointed as Managing Director on 01 Mar 2021.
AGM
Howework Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Howework Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 110.00 Lakh with Charge ID 100908343 was registered on 14 Mar 2024.
Appointed
Jagannathan Rukmani was appointed as Managing Director.
Appointed
Shakthi W B M Srinivasan was appointed as Director.
Incorporation
01 Mar 2021
Howework Spaces Private Limited was registered on 01 Mar 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.
Frequently asked questions
Howework Spaces is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 March 2021 (5+ years old) and is registered under CIN U51909KA2021PTC144729.
Howework Spaces has 2 current directors:
- Jagannathan Rukmani - Managing Director
- Shakthi W B M Srinivasan - Director
The latest financial statements of Howework 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 2021 are in the company report.
The GSTIN of Howework Spaces is 29AAFCH6786C1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Howework Spaces is U51909KA2021PTC144729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Howework Spaces was incorporated on 01 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Jagannathan Rukmani was appointed as Managing Director on 01 Mar 2021. Shakthi W B M Srinivasan was appointed as Director on 01 Mar 2021.
Yes, Howework Spaces is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0102996).
Howework Spaces can be reached through the website howeworkspaces.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Howework Spaces is at Townhub 2nd Floor Municipal No 8371 Binnamangala 100 Feet Road 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038.