MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0072910
Interspace Properties Private Limited
Interspace Properties Private Limited - real estate and construction in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.53 Cr
▼ 49% YoY
Net loss · FY 2025
₹14.14 Lakh
Net margin -2.6%
EBITDA · FY 2025
-₹9.53 Lakh
EBITDA margin -1.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.1 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Interspace Properties Private Limited
Data last updated:
Interspace Properties Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2015PTC100049. Its GSTIN is 33AADCI8133N2ZC (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishnu Vikram Phadke and Vikram Ram Phadke.
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 Muthu Jagatham Illam J Block Old No.39 New No.4 7th Street Anna Nagar East, Chennai, Tamil Nadu, India – 600102.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.53 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹14.14 Lakh (net margin -2.6%) and EBITDA of -₹9.53 Lakh (EBITDA margin -1.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹7.1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Interspace Properties Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0072910). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70109TN2015PTC100049
Registration Number 100049
Incorporation Date 10 April 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0072910
Recognitions & Rankings of Interspace Properties
Contact details
Interspace Properties Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMuthu Jagatham Illam J Block Old No.39 New No.4 7th Street Anna Nagar East, Chennai, Tamil Nadu, India – 600102
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Interspace Properties Private Limited, buy the company report.
Comprehensive company report
Interspace Properties 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 Interspace Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Interspace Properties Private Limited, buy the company report.
Financials of Interspace Properties Private Limited
FY 2024 filings availableInterspace Properties Private Limited reported revenue of ₹5.53 Cr (down 49% YoY) for FY 2025.
Revenue · FY 2025
₹5.53 Cr ▼ 49%
Net loss · FY 2025
₹14.14 Lakh margin -2.6%
EBITDA · FY 2025
-₹9.53 Lakh margin -1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 49%
3 years · compounded
▲ 11%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 32%
5 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 49% fall in the latest year. EBITDA rose 78% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.14 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.7% | ||||
| 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 Interspace Properties Private Limited, buy the company report.
Board of directors of Interspace Properties Private Limited
Interspace Properties has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Vikram Phadke Also directs: Interspace Design and Build Private Limited, Interspace Holdings Private Limited, Nika CG Buildtech LLP and 2 more | Director | 10 Apr 2015 | 11 Years 7 Months | Current |
| Vikram Ram Phadke | Director | 10 Apr 2015 | 11 Years 7 Months | Current |
Peer comparison
Interspace Properties Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Britesky Construction Private Limited | ₹5.54 Cr (FY 2025) | -46.0% | Patna, Bihar, India | |||
| Anand Residency Private Limited | ₹5.54 Cr (FY 2025) | Kanpur, Uttar Pradesh, India | ||||
| Interspace Properties Private Limitedthis company | ₹5.53 Cr (FY 2025) | -₹14.14 Lakh | -2.6% | -49.0% | Chennai, Tamil Nadu, India | |
| Innovate Designers & Builders Private Limited | ₹5.53 Cr (FY 2024) | -39.0% | Pallimuku, Pettah, Kerala, India |
To see the full peer comparison of Interspace Properties Private Limited, buy the company report.
Auditor
Interspace Properties Private Limited is audited by C S HARIHARAN & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C S HARIHARAN & CO LLP | FY 2023 | 001086S |
Shareholding
The shareholding of Interspace Properties 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 Interspace Properties Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2023 | 100720095 | Others | ₹4.6 Cr | Open | |
| 12 Aug 2020 | 100383027 | Others | ₹2.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Interspace Properties Private Limited has 2 court cases on record: 2 filed by Interspace Properties. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Interspace Properties 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 Interspace Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Interspace Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCI8133N2ZC | Tamil Nadu | Active | 12 Sep 2017 |
To see the full GST registrations and return filing status of Interspace Properties Private Limited, buy the company report.
Recent activity
Interspace Properties Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Vikram Ram Phadke was appointed as Director on 10 Apr 2015.
AGM
Interspace Properties Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Interspace Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 460.00 Lakh with Charge ID 100720095 was registered on 10 May 2023.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100383027 was registered on 12 Aug 2020.
Appointed
Vikram Ram Phadke was appointed as Director.
Appointed
Vishnu Vikram Phadke was appointed as Director.
Incorporation
10 Apr 2015
Interspace Properties Private Limited was registered on 10 Apr 2015 with Roc Chennai & aged 11 years 7 months as per MCA records.
Frequently asked questions
Interspace Properties is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 April 2015 (11+ years old) and is registered under CIN U70109TN2015PTC100049.
Interspace Properties has 2 current directors:
- Vishnu Vikram Phadke - Director
- Vikram Ram Phadke - Director
The latest financial statements of Interspace Properties 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 FY 2016 are in the company report.
The GSTIN of Interspace Properties is 33AADCI8133N2ZC, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Interspace Properties is U70109TN2015PTC100049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Interspace Properties has 2 court cases on record: 2 filed by the company. 1 is pending.
Interspace Properties was incorporated on 10 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Interspace Properties by revenue are Britesky Construction Private Limited, Anand Residency Private Limited, Innovate Designers & Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Vikram Ram Phadke was appointed as Director on 10 Apr 2015. Vishnu Vikram Phadke was appointed as Director on 10 Apr 2015.
Yes, Interspace Properties is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0072910).
The registered office of Interspace Properties is at Muthu Jagatham Illam J Block Old No.39 New No.4 7th Street Anna Nagar East, Chennai, Tamil Nadu, India – 600102.
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