About Inspace Technologies Private Limited
Data last updated:
Inspace Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2008PTC069445. Its GSTIN is 33AACCI0246D1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sambasivam Viswanathan and Viswanathan Kothai.
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 27 And 28 East Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.72 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Cr (net margin 4.9%) and EBITDA of ₹2.33 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
The company has about 294 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Chalo Schools Automated and Inspace Technologies. As per MCA filings, the company has open charges of ₹2.2 Cr 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 inspacetech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAa Business Centre Old Door No. 94/1 & 2 New No. 27 And 28 East Park Road Sheno, Y Nagar, Chennai, Tamil Nadu, India – 600030
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Inspace Technologies Private Limited
The main business activity of Inspace Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Inspace Technologies Private Limited FY 2024 filings available
Inspace Technologies Private Limited reported revenue of ₹21.72 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Inspace Technologies Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 7% 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 Inspace Technologies Private Limited
| 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 | ₹2.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.07 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 Inspace Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 Inspace Technologies are in the company report.
Financial statements from 2015
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 Inspace Technologies Private Limited
Inspace Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infoaxon Technologies (India) Private Limited | ₹21.98 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Park Intelli Solutions Private Limited | ₹21.95 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Coimbatore, Tamil Nadu, India |
| Covalience India Private Limited | ₹21.92 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Mohali, Punjab, India |
| Sigma Software Solutions Private Limited | ₹21.89 Cr (FY 2025) | •••• | •••• | 631.0% | •••• | Pune, Maharashtra, India |
| Focaloid Technologies Private Limited | ₹21.88 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Kakkanad, Kerala, India |
| Inspace Technologies Private Limited this company | ₹21.72 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Dimagi Software Innovations Private Limited | ₹21.64 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Feat Systems Private Limited | ₹21.64 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Thane, Maharashtra, India |
| Force Ten Technologies Private Limited | ₹21.63 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Kolkata, West Bengal, India |
| Blue Pal Solutions Private Limited | ₹21.46 Cr (FY 2024) | •••• | •••• | 79.0% | •••• | Hyderabad, Telangana, India |
| Deephealth Technologies Private Limited | ₹21.44 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Inspace Technologies by revenue in the Information Technology industry (Application Development), 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 Inspace Technologies Private Limited
Inspace Technologies Private Limited is audited by SEKHARAN ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SEKHARAN ASSOCIATES | 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 Inspace Technologies Private Limited
Inspace Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sambasivam Viswanathan Also directs: Inspace Edu Solutions Private Limited | Director | 29 Sep 2008 | 18 Years 0 Months | Current |
| Viswanathan Kothai Also directs: Inspace Edu Solutions Private Limited | Director | 29 Sep 2008 | 18 Years 0 Months | Current |
Ownership and Shareholding of Inspace Technologies 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 Inspace Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2019 | Others | ₹1.76 Cr | Open |
| 16 Nov 2010 | Bank of India | ₹43.5 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Inspace Technologies Private Limited
Inspace Technologies operates two associated brands: Chalo Schools Automated and Inspace Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| School management software is provided for educational institutions. | chaloschools.com | |
| Software development, outsourcing, and penetration testing services are offered. | inspacetech.com |
Employees and EPFO Compliance at Inspace Technologies Private Limited
Inspace Technologies Private Limited has a workforce of 294 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 Inspace Technologies Private Limited
Inspace Technologies Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Sharad Fomra ceased to be Director on 04 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Inspace Technologies 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 Inspace Technologies 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 Inspace Technologies 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 Inspace Technologies Private Limited
Inspace Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCI0246D1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
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 Inspace Technologies 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 Inspace Technologies Private Limited
Inspace Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 September 2008 (18+ years old) and is registered under CIN U72300TN2008PTC069445.
Inspace Technologies reported revenue of ₹21.72 Cr for FY 2024 (down 4% YoY).
Inspace Technologies has 2 current directors:
- Sambasivam Viswanathan - Director
- Viswanathan Kothai - Director
Inspace Technologies reported a net profit of ₹1.07 Cr (net margin 4.9%) and EBITDA of ₹2.33 Cr (EBITDA margin 10.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Inspace Technologies is 21% over three years and 16% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Inspace Technologies is 33AACCI0246D1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Inspace Technologies is U72300TN2008PTC069445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inspace Technologies was incorporated on 29 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Inspace Technologies by revenue are Infoaxon Technologies (India) Private Limited, Park Intelli Solutions Private Limited, Covalience India Private Limited, Sigma Software Solutions Private Limited, Focaloid Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Sharad Fomra ceased to be Director on 04 Mar 2019. Sambasivam Viswanathan was appointed as Director on 29 Sep 2008. Viswanathan Kothai was appointed as Director on 29 Sep 2008.
Inspace Technologies can be reached through the website inspacetech.com. Its registered office is in Chennai, Tamil Nadu, India.