About I 3 Space Kitchens Private Limited
Data last updated:
I 3 Space Kitchens Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 30 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52332MH2003PTC142455. Its GSTIN is 27AAICS3427N1ZW (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It was formerly known as S M Modular Kitchens Private Limited. It is led by directors Renuka Manishrao Velankar and Manish Madhusudan Welankar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Dutta Niwas Zenda Chowk Dharampeth, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.59 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹19.63 Lakh (net margin 2.6%) and EBITDA of ₹29.81 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 17% over five years.
As per MCA filings, the company has satisfied charges of ₹80 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website i3space.co.in.
Company details
Contact details
I 3 Space Kitchens Private Limited's registered office is in Nagpur, Maharashtra. Its website is i3space.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDutta Niwas Zenda Chowk Dharampeth, Nagpur, Maharashtra, India – 440010
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution, Furniture Retail & Distribution
To see the full contact details of I 3 Space Kitchens Private Limited, buy the company report.
- 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
Business activity
The main business activity of I 3 Space Kitchens is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of I 3 Space Kitchens Private Limited, buy the company report.
Financials of I 3 Space Kitchens Private Limited
FY 2024 filings availableI 3 Space Kitchens Private Limited reported revenue of ₹7.59 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 14% growth in the latest year. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.63 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of I 3 Space Kitchens Private Limited, buy the company report.
Board of directors of I 3 Space Kitchens Private Limited
I 3 Space Kitchens has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renuka Manishrao Velankar Also directs: I3space Interiors Private Limited | Director | 30 Sep 2006 | 20 Years 0 Months | Current |
| Manish Madhusudan Welankar Also directs: I3space Interiors Private Limited | Director | 30 Sep 2003 | 23 Years 0 Months | Current |
Auditor
I 3 Space Kitchens Private Limited is audited by B P S D & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P S D & ASSOCIATES | FY 2023 | 118251W |
Shareholding
The shareholding of I 3 Space Kitchens Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of I 3 Space Kitchens Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2010 | 10250689 | Idbi Bank Limited | ₹60 Lakh | Satisfied | |
| 17 May 2005 | 90350878 | Bank of Baroda | ₹20 Lakh | Satisfied |
To see the full charge records of I 3 Space Kitchens Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving I 3 Space Kitchens 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 I 3 Space Kitchens Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I 3 Space Kitchens has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS3427N1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of I 3 Space Kitchens Private Limited, buy the company report.
Recent activity
I 3 Space Kitchens Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Shashank Achyut Vishwarupe ceased to be Director on 30 Nov 2021.
Frequently asked questions
I 3 Space Kitchens is an active private limited company based in Nagpur, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 30 September 2003 (23+ years old) and is registered under CIN U52332MH2003PTC142455.
I 3 Space Kitchens has 2 current directors:
- Renuka Manishrao Velankar - Director
- Manish Madhusudan Welankar - Director
The latest financial statements of I 3 Space Kitchens on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of I 3 Space Kitchens is 27AAICS3427N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of I 3 Space Kitchens is U52332MH2003PTC142455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I 3 Space Kitchens was incorporated on 30 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Shashank Achyut Vishwarupe ceased to be Director on 30 Nov 2021. Suvarna Shashank Vishwarupe ceased to be Director on 30 Nov 2021. Renuka Manishrao Velankar was appointed as Director on 30 Sep 2006. I 3 Space Kitchens has 4 board changes on record in total.
I 3 Space Kitchens can be reached through the website i3space.co.in. Its registered office is in Nagpur, Maharashtra, India.
The registered office of I 3 Space Kitchens is at Dutta Niwas Zenda Chowk Dharampeth, Nagpur, Maharashtra, India – 440010.
I 3 Space Kitchens operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.