
Ispace Elevator Private Limited
About Ispace Elevator Private Limited
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Ispace Elevator Private Limited is a private limited company based in Kharegaon, Maharashtra, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 12 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52399MH2021PTC371501. Its GSTIN is 27AAGCI4070F1ZO (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Sarvottam Raghunath Nayak and Kiran Somoshi.
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 Building No. 2/302 Amrut Aangan M P Road Parsik Nagar, Kharegaon, Maharashtra, India – 400602.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.23 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 0.3%) and EBITDA of ₹3.13 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years.
As per MCA filings, the company has open charges of ₹35 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBuilding No. 2/302 Amrut Aangan M P Road Parsik Nagar, Kharegaon, Maharashtra, India – 400602
- IndustryEngineering, Industrial Maintenance & Repair Services
- 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 of Ispace Elevator Private Limited
The main business activity of Ispace Elevator is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | 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 Ispace Elevator Private Limited FY 2025 filings available
Ispace Elevator Private Limited reported revenue of ₹3.23 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ispace Elevator Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 166% over three years, including 5% growth 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 of Ispace Elevator Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹3.13 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.05 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 of Ispace Elevator Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1% | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• |
| 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 Ispace Elevator are in the company report.
Financial statements from FY 2022
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 Ispace Elevator Private Limited
Ispace Elevator Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Maintenance Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hmav Technologies Private Limited | ₹3.28 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Mumbai, Maharashtra, India |
| Husm Infrastructure Private Limited | ₹3.25 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Patna, Bihar, India |
| Agramkow India Private Limited | ₹3.24 Cr (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| System Airconditioning Private Limited | ₹3.23 Cr (FY 2024) | •••• | •••• | -58.0% | •••• | New Delhi, Delhi, India |
| Om Jee Electric and Automations Private Limited | ₹3.23 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Delhi, India |
| Ispace Elevator Private Limited this company | ₹3.23 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kharegaon, Maharashtra, India |
| Rihting Coating Technology (India) Private Limited | ₹3.23 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Chennai, Tamil Nadu, India |
| Osca Rolex Elevators Private Limited | ₹3.22 Cr (FY 2016) | •••• | •••• | -45.0% | •••• | Uttar Pradesh, India |
| NSRS Engineering Private Limited | ₹3.21 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Kolkata, West Bengal, India |
| Sunray Techmech Engineering Private Limited | ₹3.21 Cr (FY 2022) | •••• | •••• | 47.0% | •••• | Thane, Maharashtra, India |
| MTMS Engineers Private Limited | ₹3.2 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ispace Elevator by revenue in the Engineering industry (Maintenance Services), 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 Ispace Elevator Private Limited
Ispace Elevator Private Limited is audited by Hitesh Prashant & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hitesh Prashant & Associates LLP | 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 Ispace Elevator Private Limited
Ispace Elevator has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarvottam Raghunath Nayak | Director | 12 Nov 2021 | 4 Years 10 Months | Current |
| Kiran Somoshi | Director | 12 Nov 2021 | 4 Years 10 Months | Current |
| Nitin Namdeo Ade | Director | 05 Apr 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Ispace Elevator 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 Ispace Elevator Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2024 | Others | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ispace Elevator Private Limited
Ispace Elevator Private Limited has a workforce of 0 employees as of Apr 09, 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 Ispace Elevator Private Limited
Ispace Elevator Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Nitin Namdeo Ade was appointed as Director on 05 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Ispace Elevator 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 Ispace Elevator 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 Ispace Elevator 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 Ispace Elevator Private Limited
Ispace Elevator has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI4070F1ZO | Maharashtra | Active | 21 Dec 2021 |
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 Ispace Elevator 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 Ispace Elevator Private Limited
Ispace Elevator is an active private limited company based in Kharegaon, Maharashtra, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 12 November 2021 (5+ years old) and is registered under CIN U52399MH2021PTC371501.
Ispace Elevator reported revenue of ₹3.23 Cr for FY 2025 (up 5% YoY).
Ispace Elevator has 3 current directors:
- Sarvottam Raghunath Nayak - Director
- Kiran Somoshi - Director
- Nitin Namdeo Ade - Director
Ispace Elevator reported a net profit of ₹1.05 Lakh (net margin 0.3%) and EBITDA of ₹3.13 Lakh (EBITDA margin 1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ispace Elevator is 166% over three years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ispace Elevator is 27AAGCI4070F1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ispace Elevator is U52399MH2021PTC371501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ispace Elevator was incorporated on 12 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ispace Elevator by revenue are Hmav Technologies Private Limited, Husm Infrastructure Private Limited, Agramkow India Private Limited, System Airconditioning Private Limited, Om Jee Electric and Automations Private Limited and 5 more, all in the Engineering industry (Maintenance Services).
Nitin Namdeo Ade was appointed as Director on 05 Apr 2023. Kiran Somoshi was appointed as Director on 12 Nov 2021. Sarvottam Raghunath Nayak was appointed as Director on 12 Nov 2021.
The registered office of Ispace Elevator is at Building No. 2302 Amrut Aangan M P Road Parsik Nagar, Kharegaon, Maharashtra, India – 400602.