About Kasturi Spaces Private Limited
Data last updated:
Kasturi Spaces Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45400PN2021PTC203540. Its GSTIN is 27AAICK9645E1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Bhushan Vimalchand Jain and Brajesh Kumar Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Adam'S Court 2nd Floor Opp Hotel Mahabaleshwar Baner Road, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹196.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.48 Cr (net margin 15%) and EBITDA of ₹40.09 Cr (EBITDA margin 20.4%).
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹130 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
For more details, the company can be reached via its website kasturi.com.
Company details
Contact details
Kasturi Spaces Private Limited's registered office is in Pune, Maharashtra. Its website is kasturi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Adam'S Court 2nd Floor Opp Hotel Mahabaleshwar Baner Road, Pune, Maharashtra, India – 411045
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kasturi Spaces Private Limited, buy the company report.
- 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
Financials of Kasturi Spaces Private Limited
FY 2025 filings availableKasturi Spaces Private Limited reported revenue of ₹196.26 Cr (up 1671% YoY) for FY 2025.
Financial Statement Summary
| 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 | ₹40.09 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹29.48 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 20.4% | |||
| Net Profit Margin | 15% | |||
| 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 Kasturi Spaces Private Limited, buy the company report.
Board of directors of Kasturi Spaces Private Limited
Kasturi Spaces has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Vimalchand Jain | Director | 17 Mar 2023 | 3 Years 7 Months | Current |
| Brajesh Kumar Gupta | Director | 06 Sep 2023 | 3 Years 2 Months | Current |
| Sarfraz Aijaz Khan Also directs: Kanika Commercial Private Limited, Kasturi Infracon Private Limited, Keywest Realty Private Limited and 3 more | Director | 06 Sep 2023 | 3 Years 2 Months | Current |
Peer comparison
Kasturi Spaces Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Golden Gate Properties Limited | ₹197.38 Cr (FY 2020) | 10.0% | Bangalore, Karnataka, India | |||
| Sankhya Realtors Private Limited | ₹197.01 Cr (FY 2024) | Kolkata, West Bengal, India | ||||
| Ashdan Developers Private Limited | ₹196.96 Cr (FY 2024) | -9.0% | Pune, Maharashtra, India | |||
| Su Corporation Private Limited | ₹196.77 Cr (FY 2022) | 34.0% | Kolhapur, Maharashtra, India | |||
| You Seung Sang Sa India Construction Private Limited | ₹196.69 Cr (FY 2019) | 68.0% | Chennai, Tamil Nadu, India | |||
| Kasturi Spaces Private Limitedthis company | ₹196.26 Cr (FY 2025) | ₹29.48 Cr | 15% | 1671.0% | Pune, Maharashtra, India | |
| Veegaland Developers Limited | ₹196.22 Cr (FY 2025) | 71.0% | Ernakulam, Kerala, India | |||
| GV Techparks Private Limited | ₹196.22 Cr (FY 2025) | -8.0% | Bengaluru, Karnataka, India | |||
| Iheart Properties Private Limited | ₹196.03 Cr (FY 2025) | 38.0% | Navi Mumbai, Maharashtra, India | |||
| JMS Infra Reality Private Limited | ₹195.59 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Viren Ventures Private Limited | ₹195.45 Cr (FY 2025) | 101.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Kasturi Spaces Private Limited, buy the company report.
Auditor
Kasturi Spaces Private Limited is audited by MANTRIMARU&CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANTRIMARU&CO. | FY 2023 | 118690W |
Shareholding
The shareholding of Kasturi Spaces Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kasturi Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2023 | 100820637 | State Bank of India | ₹130 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Kasturi Spaces Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Asset Reconstruction Company India Limited Through Jyoti Bhavsar | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Asset Reconstruction Company India Ltd | Disposed |
To see the full case history of Kasturi Spaces 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 Kasturi Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kasturi Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICK9645E1Z7 | Maharashtra | Active | 14 Dec 2021 |
To see the full GST registrations and return filing status of Kasturi Spaces Private Limited, buy the company report.
Recent activity
Kasturi Spaces Private Limited has 11 board changes on record since 2021: 7 appointments and 4 cessations. The latest: Bharat Dewakinandan Agarwal ceased to be Director on 06 Sep 2023.
3 earlier events are in the company report.
Frequently asked questions
Kasturi Spaces is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 August 2021 (5+ years old) and is registered under CIN U45400PN2021PTC203540.
Kasturi Spaces has 3 current directors:
- Bhushan Vimalchand Jain - Director
- Brajesh Kumar Gupta - Director
- Sarfraz Aijaz Khan - Director
The latest financial statements of Kasturi Spaces on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Kasturi Spaces is 27AAICK9645E1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kasturi Spaces is U45400PN2021PTC203540. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kasturi Spaces has 2 court cases on record: 2 filed against it. 1 is pending.
Kasturi Spaces was incorporated on 18 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Kasturi Spaces by revenue are Golden Gate Properties Limited, Sankhya Realtors Private Limited, Ashdan Developers Private Limited, Su Corporation Private Limited, You Seung Sang Sa India Construction Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Bharat Dewakinandan Agarwal ceased to be Director on 06 Sep 2023. Brajesh Kumar Gupta was appointed as Director on 06 Sep 2023. Sarfraz Aijaz Khan was appointed as Director on 06 Sep 2023. Kasturi Spaces has 11 board changes on record in total.
Kasturi Spaces can be reached through the website kasturi.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Kasturi Spaces is at 1 AdamS Court 2nd Floor Opp Hotel Mahabaleshwar Baner Road, Pune, Maharashtra, India – 411045.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
