About Innoprop Spaces Private Limited
Data last updated:
Innoprop 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 07 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2017PTC107709. Its GSTIN is 29AAECI6733K1Z5 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anshuman Das and Rishi Das.
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 # 53 5th Floor Devarabeesanahalli Village Varthur Hobli, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.74 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.37 Cr (net margin 5.5%) and EBITDA of ₹13.07 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company is associated with 1 brand: IndiQube. As per MCA filings, the company has open charges of ₹53.62 Cr and satisfied charges of ₹100 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in May 2018. Its 10 peer companies in the BFSI industry (Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is Sunpra Estates Private Limited with revenue of ₹43.28 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiqube.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot # 53 5th Floor Devarabeesanahalli Village Varthur Hobli, Bangalore, Karnataka, India – 560103
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Innoprop Spaces Private Limited
The main business activity of Innoprop Spaces is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innoprop Spaces Private Limited FY 2025 filings available
Innoprop Spaces Private Limited reported revenue of ₹42.74 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Innoprop Spaces Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 6% growth in the latest year. EBITDA fell 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 of Innoprop Spaces Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.37 Cr | •••• | •••• | •••• | •••• |
| 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 of Innoprop Spaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innoprop Spaces are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innoprop Spaces Private Limited
Innoprop Spaces Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunpra Estates Private Limited | ₹43.28 Cr (FY 2025) | •••• | •••• | 11429.0% | •••• | Mumbai, Maharashtra, India |
| Baheti Agro Products Private Limited | ₹43.18 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Latur, Maharashtra, India |
| ML Agro Products Private Limited | ₹43.17 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Telangana, India |
| Nehar Tradingg Private Limited | ₹42.97 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Advik Tecnocommercial Private Limited | ₹42.75 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Innoprop Spaces Private Limited this company | ₹42.74 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Falcon Infrastructures Limited | ₹42.72 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Ernakulam, Kerala, India |
| Emirates Technologies Private Limited | ₹42.64 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Abc Sites Private Limited | ₹42.62 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Zirakpur, Punjab, India |
| Paliwal Overseas Private Limited | ₹42.28 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| R.S.Infosystems Private Limited | ₹42.19 Cr (FY 2025) | •••• | •••• | 531.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Innoprop Spaces by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Innoprop Spaces Private Limited
Innoprop Spaces Private Limited is audited by KOPPARAM & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KOPPARAM & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innoprop Spaces Private Limited
Innoprop Spaces has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshuman Das Also directs: Indiqube Spaces Limited, Rishuman Constructions Private Limited, Hirepro Technologies Private Limited and 2 more | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Rishi Das | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Megana Agarwal Also directs: Ispl Solar India LLP, Indiqube Spaces Limited | Director | 10 May 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Innoprop Spaces Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innoprop Spaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2020 | The Hongkong and Shanghai Banking Corporation Limited | ₹53 Cr | Open |
| 20 Jun 2019 | Axis Bank Limited | ₹61.93 Lakh | Open |
| 05 Oct 2021 | Others | ₹40 Cr | Satisfied |
| 20 Apr 2019 | Others | ₹60 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Innoprop Spaces Private Limited
Innoprop Spaces Private Limited has 1 deal on record (1 secondary share transfer); the latest was in May 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Innoprop Spaces Private Limited
Innoprop Spaces Private Limited has 3 court cases on record: 3 filed by Innoprop Spaces. 1 case is pending and 2 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Siply Services Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Gamut Analytics Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Siply Services Private Limited | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Innoprop Spaces Private Limited
Innoprop Spaces operates one associated brand: IndiQube. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible workspace solutions are provided for enterprises, startups, and SMBs. | indiqube.com |
Employees and EPFO Compliance at Innoprop Spaces Private Limited
Innoprop Spaces Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Innoprop Spaces Private Limited
Innoprop Spaces Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Megana Agarwal ceased to be Additional Director on 10 Dec 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Innoprop Spaces Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innoprop Spaces Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innoprop Spaces Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innoprop Spaces Private Limited
Innoprop Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI6733K1Z5 | Karnataka | Active | 09 May 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innoprop Spaces Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innoprop Spaces Private Limited
Innoprop 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 07 November 2017 (9+ years old) and is registered under CIN U45209KA2017PTC107709.
Innoprop Spaces reported revenue of ₹42.74 Cr for FY 2025 (up 6% YoY).
Innoprop Spaces has 3 current directors:
- Anshuman Das - Director
- Rishi Das - Director
- Megana Agarwal - Director
Innoprop Spaces reported a net profit of ₹2.37 Cr (net margin 5.5%) and EBITDA of ₹13.07 Cr (EBITDA margin 30.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innoprop Spaces is 17% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innoprop Spaces is 29AAECI6733K1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Innoprop Spaces is U45209KA2017PTC107709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoprop Spaces has 3 court cases on record: 3 filed by the company. 1 is pending.
Innoprop Spaces was incorporated on 07 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Innoprop Spaces has 1 deal on record (1 secondary share transfer); the latest was in May 2018.
The peers of Innoprop Spaces by revenue are Sunpra Estates Private Limited, Baheti Agro Products Private Limited, ML Agro Products Private Limited, Nehar Tradingg Private Limited, Advik Tecnocommercial Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).