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Ilindra Work Space Private Limited - infrastructure and utilities in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹26.67 Cr
▲ 65% YoY
Net profit · FY 2023
₹39.81 Lakh
Net margin 1.5%
EBITDA · FY 2023
₹4.33 Cr
EBITDA margin 16.3%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹10.36 Lakh
Issued & subscribed
Open charges
₹26.35 Cr
Satisfied ₹2.07 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
32
Provident fund records
About Ilindra Work Space Private Limited
Data last updated:
Ilindra Work Space Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 15 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC117593. Its GSTIN is 29AAFCI0333L1ZI (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.36 Lakh. It is led by directors Nataraja Chandrasekar Rao Ilindra (Managing Director) and Avineesh Rama.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.612 80 Feet Road Koramangala 4th Block, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.67 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹39.81 Lakh (net margin 1.5%) and EBITDA of ₹4.33 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.35 Cr and satisfied charges of ₹2.07 Cr on record. Court records list 45 cases involving the company, including 1 filed by the company and 44 filed against it; 18 cases are pending.
Ilindra Work Space Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0030340). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atticspace.in.
Company details
CIN U74999KA2018PTC117593
Registration Number 117593
Incorporation Date 15 October 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0030340
Recognitions & Rankings of Ilindra Work Space
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0030340
Contact details
Ilindra Work Space Private Limited's registered office is in Bangalore, Karnataka. Its website is atticspace.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.612 80 Feet Road Koramangala 4th Block, Bangalore, Karnataka, India – 560038
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Ilindra Work Space Private Limited, buy the company report.
Comprehensive company report
Ilindra Work Space 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 Ilindra Work Space 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 Ilindra Work Space Private Limited, buy the company report.
Financials of Ilindra Work Space Private Limited
FY 2023 filings availableIlindra Work Space Private Limited reported revenue of ₹26.67 Cr (up 65% YoY) for FY 2023.
Revenue · FY 2023
₹26.67 Cr ▲ 65%
Net profit · FY 2023
₹39.81 Lakh margin 1.5%
EBITDA · FY 2023
₹4.33 Cr margin 16.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 69%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 57%
Revenue has grown at a compounded annual rate (CAGR) of 69% over three years, including 65% growth in the latest year. EBITDA rose 36% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.81 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Ilindra Work Space Private Limited, buy the company report.
Board of directors of Ilindra Work Space Private Limited
Ilindra Work Space has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nataraja Chandrasekar Rao Ilindra Also directs: Sneednow Technologies Private Limited, Crocodile Entertainment Services LLP, Imonn Eretail Private Limited and 1 more | Managing Director | 15 Oct 2018 | 8 Years 0 Months | Current |
| Avineesh Rama | Director | 15 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Ilindra Work Space Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Kailasa Urja Private Limited | ₹26.97 Cr (FY 2024) | 29412.0% | Delhi, India | |||
| Trend India Business Centre Private Limited | ₹26.87 Cr (FY 2025) | 40.0% | Chennai, Tamil Nadu, India | |||
| Paragon Property Enterprises Private Limited | ₹26.69 Cr (FY 2025) | 71.0% | Mumbai, Maharashtra, India | |||
| Ilindra Work Space Private Limitedthis company | ₹26.67 Cr (FY 2023) | ₹39.81 Lakh | 1.5% | 65.0% | 32 | Bangalore, Karnataka, India |
| DLF Office Developers Private Limited | ₹26.62 Cr (FY 2025) | 0.0% | Gurugram, Haryana, India |
To see the full peer comparison of Ilindra Work Space Private Limited, buy the company report.
Auditor
Ilindra Work Space Private Limited is audited by C G R & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C G R & CO | FY 2023 | 015078S |
Shareholding
The shareholding of Ilindra Work Space 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 Ilindra Work Space Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.35 Cr
Satisfied charges
₹2.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2023 | 100819792 | Others | ₹60 Lakh | Open | |
| 20 Oct 2023 | 100819770 | Others | ₹5 Cr | Open | |
| 16 May 2023 | 100775924 | Others | ₹7 Cr | Open | |
| 17 Mar 2023 | 100722156 | Others | ₹10.5 Cr | Open | |
| 29 Dec 2020 | 100416421 | Hdfc Bank Limited | ₹75 Lakh | Open |
To see the full charge records of Ilindra Work Space Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ilindra Work Space Private Limited has 45 court cases on record: 1 filed by Ilindra Work Space, 44 filed against it. 18 cases are pending and 27 are disposed.
Total cases
45
Filed by the company
1
Filed against the company
44
Pending
18
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 41 | 16 |
| High courts | 3 | 3 | 2 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Pivoting Owl Technologies Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Intelligent Retail Private Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Kids Clinic India Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Mahindra and Mahindra Financial Services Ltd. | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Hero Fincorp Limited | Pending |
To see the full case history of Ilindra Work Space 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 Ilindra Work Space Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ilindra Work Space Private Limited has a workforce of 32 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
10.34%
GST
Ilindra Work Space has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI0333L1ZI | Karnataka | Active | 17 Dec 2018 |
| 36AAFCI0333L1ZN | Telangana | Active | 11 Mar 2020 |
To see the full GST registrations and return filing status of Ilindra Work Space Private Limited, buy the company report.
Recent activity
Ilindra Work Space Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Hymavathi Ilindra ceased to be Director on 14 Aug 2023.
Charges
A charge registered on 30 Mar 2023 via Charge ID 100722845 with Others was fully satisfied on 15 Apr 2024.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100819792 was registered on 02 Nov 2023.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100819770 was registered on 20 Oct 2023.
AGM
Ilindra Work Space Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge registered on 06 Oct 2022 via Charge ID 100624891 with Others was fully satisfied on 25 Sep 2023.
Charges
A charge registered on 30 Jun 2022 via Charge ID 100600392 with Others was fully satisfied on 11 Sep 2023.
Ceased
Hymavathi Ilindra ceased to be Director.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100775924 was registered on 16 May 2023.
Filing
Ilindra Work Space Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 85.00 Lakh with Charge ID 100722845 was registered on 30 Mar 2023.
Charges
A charge with Others amounted to Rs. 1,050.00 Lakh with Charge ID 100722156 was registered on 17 Mar 2023.
Charges
A charge with Others amounted to Rs. 65.00 Lakh with Charge ID 100624891 was registered on 06 Oct 2022.
8 earlier events are in the company report.
Frequently asked questions
Ilindra Work Space is an active private limited company based in Bangalore, Karnataka, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 15 October 2018 (8+ years old) and is registered under CIN U74999KA2018PTC117593.
Ilindra Work Space has 2 current directors:
- Nataraja Chandrasekar Rao Ilindra - Managing Director
- Avineesh Rama - Director
The latest financial statements of Ilindra Work Space on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ilindra Work Space is 29AAFCI0333L1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAFCI0333L1ZN (Telangana).
The CIN (Corporate Identification Number) of Ilindra Work Space is U74999KA2018PTC117593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ilindra Work Space has 45 court cases on record: 1 filed by the company and 44 filed against it. 18 are pending. Most are in the district courts.
Ilindra Work Space was incorporated on 15 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ilindra Work Space by revenue are Kailasa Urja Private Limited, Trend India Business Centre Private Limited, Paragon Property Enterprises Private Limited, DLF Office Developers Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Hymavathi Ilindra ceased to be Director on 14 Aug 2023. Avineesh Rama ceased to be Additional Director on 31 Dec 2019. Nataraja Chandrasekar Rao Ilindra ceased to be Director on 15 Jul 2019. Ilindra Work Space has 5 board changes on record in total.
Yes, Ilindra Work Space is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ilindra Work Space is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0030340).