MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0148032
Lets Work Cospaces Private Limited
Lets Work Cospaces Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.2 Cr
▲ 25% YoY
Net profit · FY 2025
₹1.49 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹40.99 Lakh
EBITDA margin 18.6%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.67 Cr
Issued & subscribed
Open charges
₹5.95 Cr
Satisfied ₹1.65 Cr
Company age
14 yrs
Est. 2012
Directors on board
6
As per MCA filings
About Lets Work Cospaces Private Limited
Data last updated:
Lets Work Cospaces Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2012PTC238696. Its GSTIN is 27AAGCR1785A1ZH (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.67 Cr. It was formerly known as Rathi Eco City Private Limited. It is led by directors including Sagar Rathi Nandkishor and Hirek Dinesh Karaniya.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.2 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Lakh (net margin 0.7%) and EBITDA of ₹40.99 Lakh (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 89% over five years.
The company is associated with 1 brand: Lets Work. As per MCA filings, the company has open charges of ₹5.95 Cr and satisfied charges of ₹1.65 Cr on record.
Lets Work Cospaces Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0148032). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70100MH2012PTC238696
Registration Number 238696
Incorporation Date 11 December 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0148032
Key People
Sagar Rathi Nandkishor Director Hirek Dinesh Karaniya Director Akshay Dinesh Karaniya Director Recognitions & Rankings of Lets Work Cospaces
Contact details
Lets Work Cospaces Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 405 Runwal Square, Next To Runwal Anthurium Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Lets Work Cospaces Private Limited, buy the company report.
Comprehensive company report
Lets Work Cospaces 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Lets Work Cospaces operates one associated brand: Lets Work. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Managed co-working spaces are offered for individuals and teams. | letswork.co.in |
Business activity
The main business activity of Lets Work Cospaces is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Lets Work Cospaces Private Limited, buy the company report.
Financials of Lets Work Cospaces Private Limited
FY 2025 filings availableLets Work Cospaces Private Limited reported revenue of ₹2.2 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹2.2 Cr ▲ 25%
Net profit · FY 2025
₹1.49 Lakh margin 0.7%
EBITDA · FY 2025
₹40.99 Lakh margin 18.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 75%
5 years · compounded
▲ 89%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 14%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years, including 25% growth in the latest year. EBITDA rose 8% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹40.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.49 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Lets Work Cospaces Private Limited, buy the company report.
Board of directors of Lets Work Cospaces Private Limited
Lets Work Cospaces has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Rathi Nandkishor Also directs: Urbanbrick Enterprises LLP, Rathi Developers LLP, One Mulund Tradecentre LLP and 3 more | Director | 11 Dec 2012 | 13 Years 11 Months | Current |
| Hirek Dinesh Karaniya | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
| Akshay Dinesh Karaniya | Director | 07 Oct 2019 | 7 Years 1 Months | Current |
| Raunak Nandkishor Rathi Also directs: Urbanbrick Enterprises LLP, Rathi Developers LLP, East Brick Enterprises LLP and 5 more | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
| Jigar Subhash Upadhyay | Director | 10 Sep 2024 | 2 Years 2 Months | Current |
| Varsha Jayanti Thacker | Director | 10 Sep 2024 | 2 Years 2 Months | Current |
Peer comparison
Lets Work Cospaces Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganeshdass Ramgopal Private Limited | ₹2.2 Cr (FY 2024) | -91.0% | Uttar Pradesh, India | |||
| Lets Work Cospaces Private Limitedthis company | ₹2.2 Cr (FY 2025) | ₹1.49 Lakh | 0.7% | 25.0% | Mumbai, Maharashtra, India | |
| Indxxing Management Services Private Limited | ₹2.2 Cr (FY 2024) | 91.0% | Gurgaon, Haryana, India | |||
| Dzongri Traders Private Limited | ₹2.2 Cr (FY 2022) | 128.0% | Siliguri, West Bengal, India |
To see the full peer comparison of Lets Work Cospaces Private Limited, buy the company report.
Auditor
Lets Work Cospaces Private Limited is audited by Mehul Hemani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehul Hemani & Associates | FY 2023 | 140577W |
Shareholding
The shareholding of Lets Work Cospaces 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 Lets Work Cospaces Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.95 Cr
Satisfied charges
₹1.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101204108 | Others | ₹3.5 Cr | Open | |
| 31 Jan 2025 | 101050600 | Others | ₹2.45 Cr | Open | |
| 18 Mar 2023 | 100694772 | Tjsb Sahakari Bank Limited | ₹15 Lakh | Satisfied | |
| 01 Aug 2022 | 100625561 | Tjsb Sahakari Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Lets Work Cospaces Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Lets Work Cospaces Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lets Work Cospaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lets Work Cospaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR1785A1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lets Work Cospaces Private Limited, buy the company report.
Recent activity
Lets Work Cospaces Private Limited has 10 board changes on record since 2012: 6 appointments and 4 cessations. The latest: Jigar Subhash Upadhyay was appointed as Director on 10 Sep 2024.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 101204108 was registered on 28 Nov 2025.
AGM
Lets Work Cospaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lets Work Cospaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 2.45 Cr with Charge ID 101050600 was registered on 31 Jan 2025.
Charges
A charge registered on 18 Mar 2023 via Charge ID 100694772 with Tjsb Sahakari Bank Limited was fully satisfied on 06 Jan 2025.
Charges
A charge registered on 01 Aug 2022 via Charge ID 100625561 with Tjsb Sahakari Bank Limited was fully satisfied on 06 Jan 2025.
Appointed
Jigar Subhash Upadhyay was appointed as Director.
Appointed
Varsha Jayanti Thacker was appointed as Director.
Ceased
Pooja Jigar Upadhyay ceased to be Director.
Ceased
Taruna Jayanti Thacker ceased to be Director.
Ceased
Jyoti Rathi Nandkishor ceased to be Director.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100694772 was registered on 18 Mar 2023.
7 earlier events are in the company report.
Frequently asked questions
Lets Work Cospaces is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 December 2012 (14+ years old) and is registered under CIN U70100MH2012PTC238696.
Lets Work Cospaces has 6 current directors:
- Sagar Rathi Nandkishor - Director
- Hirek Dinesh Karaniya - Director
- Akshay Dinesh Karaniya - Director
- Raunak Nandkishor Rathi - Director
- Jigar Subhash Upadhyay - Director
- Varsha Jayanti Thacker - Director
The latest financial statements of Lets Work Cospaces on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lets Work Cospaces is 27AAGCR1785A1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lets Work Cospaces is U70100MH2012PTC238696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lets Work Cospaces was incorporated on 11 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lets Work Cospaces by revenue are Ganeshdass Ramgopal Private Limited, Indxxing Management Services Private Limited, Dzongri Traders Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Jigar Subhash Upadhyay was appointed as Director on 10 Sep 2024. Varsha Jayanti Thacker was appointed as Director on 10 Sep 2024. Pooja Jigar Upadhyay ceased to be Director on 26 Aug 2024. Lets Work Cospaces has 10 board changes on record in total.
Yes, Lets Work Cospaces is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0148032).
The registered office of Lets Work Cospaces is at Office No. 405 Runwal Square, Next To Runwal Anthurium Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080.
Lets Work Cospaces operates in the financial services industry, in the real estate financing segment.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages