Launchspace Innovations Private Limited
About Launchspace Innovations Private Limited
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Launchspace Innovations Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 02 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2019PTC083930. Its GSTIN is 06AAECL0904B1Z8 (Haryana).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deepak Bhardwaj and Chandana Bhardwaj.
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 C505 Sushant Lok – 1 Section 43, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.91 Lakh, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹57,688 (net margin 7.3%) and EBITDA of ₹87,826 (EBITDA margin 11.1%).
The company is associated with 1 brand: Launchspace.
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- Registered AddressC505 Sushant Lok – 1 Section 43, Gurgaon, Haryana, India – 122002
- IndustryTravel and Hospitality, Consumer Professional 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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Financials of Launchspace Innovations Private Limited FY 2024 filings available
Launchspace Innovations Private Limited reported revenue of ₹7.91 Lakh (up 46% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Launchspace Innovations Private Limited
Revenue rose 46% in the latest year. EBITDA rose 316% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Launchspace Innovations Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹7.91 Lakh | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹87,826 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹57,688 | •••• |
| 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 Launchspace Innovations Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.1% | •••• |
| Net Profit Margin | 7.3% | •••• |
| 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 Launchspace Innovations are in the company report.
Financial statements from FY 2020
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.
Auditor Details of Launchspace Innovations Private Limited
Launchspace Innovations Private Limited is audited by NARAYAN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NARAYAN & 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
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Board of Directors of Launchspace Innovations Private Limited
Launchspace Innovations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Bhardwaj Also directs: Launchspace Unbox Private Limited | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Chandana Bhardwaj Also directs: Launchspace Unbox Private Limited | Director | 13 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Launchspace Innovations 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 Launchspace Innovations Private Limited
Launchspace Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Launchspace Innovations Private Limited
Launchspace Innovations operates one associated brand: Launchspace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Entrepreneurship and innovation programs are delivered to individuals and organizations. | launchspace.in |
Employees and EPFO Compliance at Launchspace Innovations Private Limited
Employment history and EPFO contributions of people linked to Launchspace Innovations.
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 Launchspace Innovations Private Limited
Launchspace Innovations Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Deepak Bhardwaj ceased to be Additional Director on 29 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Launchspace Innovations 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 Launchspace Innovations 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
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Subsidiaries & Group Companies of Launchspace Innovations 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 Launchspace Innovations Private Limited
Launchspace Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECL0904B1Z8 | Haryana | Active | 17 Dec 2019 |
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 Launchspace Innovations 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 Launchspace Innovations Private Limited
Launchspace Innovations is an active private limited company based in Gurgaon, Haryana, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 02 December 2019 (7+ years old) and is registered under CIN U72900HR2019PTC083930.
Launchspace Innovations reported revenue of ₹7.91 Lakh for FY 2021 (up 46% YoY).
Launchspace Innovations has 2 current directors:
- Deepak Bhardwaj - Director
- Chandana Bhardwaj - Director
Launchspace Innovations reported a net profit of ₹57,688 (net margin 7.3%) and EBITDA of ₹87,826 (EBITDA margin 11.1%) for FY 2021, as per its filed financial statements.
The GSTIN of Launchspace Innovations is 06AAECL0904B1Z8, registered in Haryana.
The CIN (Corporate Identification Number) of Launchspace Innovations is U72900HR2019PTC083930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Launchspace Innovations was incorporated on 02 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Deepak Bhardwaj ceased to be Additional Director on 29 Sep 2022. Abhimanyu Bhardwaj ceased to be Director on 01 Jul 2022. Deepak Bhardwaj was appointed as Director on 01 Jul 2022. Launchspace Innovations has 6 board changes on record in total.
Yes, Launchspace Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Launchspace Innovations is at C505 Sushant Lok – 1 Section 43, Gurgaon, Haryana, India – 122002.