About Dtwelve Spaces Private Limited
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Dtwelve Spaces Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the service apartments and long-stay rentals segment of the travel and hospitality sector. It was incorporated on 27 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45309DL2017PTC313505. Its GSTIN is 07AAGCD0417P1ZJ (Delhi). The company holds 25 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40.8 Lakh. It is led by directors including Sandeep Dalmia and Anindya Dutta.
Its last annual general meeting (AGM) was held on 29 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cabin No. 1 Flat No. 403, Ashok Bhawan 93, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹729.83 Cr. For the same year it recorded a net profit of ₹130.44 Cr (net margin 17.9%) and EBITDA of ₹206.56 Cr (EBITDA margin 28.3%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years.
The company has about 1,202 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Stanza Living. As per MCA filings, the company has open charges of ₹81.12 Cr and satisfied charges of ₹503.54 Cr on record. Court records list 130 cases involving the company, including 55 filed by the company and 75 filed against it; 55 cases are pending. The company has 22 deals on record (19 funding rounds, 3 debt financings), with disclosed funding of ₹1,894.7 Cr; the latest was in October 2025. Its 3 peer companies in the Consumer Services industry (Service Apartments), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 3 smaller; the largest is Srichaitanya Students Facility Management Private Limited with revenue of ₹412.79 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 744 overdue payments to 249 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stanzaliving.com.
Company details
Contact details
Dtwelve Spaces Private Limited's registered office is in New Delhi, Delhi. Its website is stanzaliving.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCabin No. 1 Flat No. 403, Ashok Bhawan 93, New Delhi, Delhi, India – 110019
- IndustryTravel and Hospitality, Service Apartments & Long-Stay Rentals
To see the full contact details of Dtwelve 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
Brands
Dtwelve Spaces operates one associated brand: Stanza Living. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operator of managed accommodations providing fully-furnished living spaces with essential amenities | stanzaliving.com |
Business activity
The main business activity of Dtwelve Spaces is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Dtwelve Spaces Private Limited, buy the company report.
Financials of Dtwelve Spaces Private Limited
FY 2025 filings availableDtwelve Spaces Private Limited reported revenue of ₹729.83 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 75% over three years. 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 | ₹729.83 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹206.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹130.44 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.3% | ||||
| Net Profit Margin | 17.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Dtwelve Spaces Private Limited, buy the company report.
Board of directors of Dtwelve Spaces Private Limited
Dtwelve Spaces has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navroz Darius Udwadia Also directs: JM Financial Limited, Sunshine Teahouse Private Limited, I-Ven Realty Limited and 3 more | Nominee Director | 26 Jul 2019 | 7 Years 2 Months | Current |
| Sandeep Dalmia | Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Anindya Dutta | Director | 27 Feb 2017 | 9 Years 7 Months | Current |
| Utsav Mitra Also directs: Hampshire House Management LLP, Advanta Enterprises Limited, Mensa Brand Technologies Private Limited and 4 more | Nominee Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Abhinav Chaturvedi | Nominee Director | 31 Dec 2021 | 4 Years 9 Months | Current |
Peer comparison
Dtwelve Spaces Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Service Apartments), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dtwelve Spaces Private Limitedthis company | ₹729.83 Cr (FY 2025) | ₹130.44 Cr | 17.9% | 1,202 | New Delhi, Delhi, India | |
| Srichaitanya Students Facility Management Private Limited | ₹412.79 Cr (FY 2018) | 4.0% | Mumbai, Maharashtra, India | |||
| Elevate Campuses Limited | ₹300.92 Cr (FY 2023) | 159.0% | Mumbai, Maharashtra, India | |||
| Good Host Spaces (Sonipat) Private Limited | ₹160.64 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Dtwelve Spaces Private Limited, buy the company report.
Auditor
Dtwelve Spaces Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | FY 2025 | 012754N/N500016 |
Shareholding
The shareholding of Dtwelve Spaces Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dtwelve Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2025 | 101171359 | Others | ₹25 Cr | Open | |
| 07 Aug 2025 | 101175668 | Others | ₹35 Cr | Open | |
| 17 Jan 2025 | 101047166 | Axis Bank Limited | ₹10 Cr | Open | |
| 21 Nov 2024 | 101009177 | Others | ₹6 Lakh | Open | |
| 27 Feb 2023 | 100687638 | Others | ₹6 Lakh | Open |
To see the full charge records of Dtwelve Spaces Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Dtwelve Spaces Private Limited has 22 deals on record (19 funding rounds, 3 debt financings), with disclosed funding of ₹1,894.7 Cr; the latest was in October 2025.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round · Series E | ₹282.76 Cr | Investors: Accel India Viii Mauritius Limited, Momentum Capedge Limited |
| Aug 2025 | Debt financing | ₹60 Cr | Investors: Alteria Capital, InnoVen Capital |
| Dec 2024 | Funding round | ₹34.84 Cr | Investors: 2 individuals |
| Jul 2024 | Funding round | ₹18.9 Lakh | Investors: Alpha Wave Global, Z47 (Matrix Partners India), Accel India |
| Mar 2023 | Funding round | ₹44.32 Cr | Investors: 2 individuals |
To see the full deal history of Dtwelve Spaces Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dtwelve Spaces Private Limited has 130 court cases on record: 55 filed by Dtwelve Spaces, 75 filed against it. 55 cases are pending and 75 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 93 | 58 | 42 |
| High courts | 35 | 15 | 13 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 130)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Perfect Aurarays | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by DDV Management Services Private Limited | Pending |
| District court, Dehradun, Uttarakhand | Court case (Small Cause Court Suit) | Filed against the company by Gpa Reality Private Limited Company | Pending |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Interview Bit Software Services Private Limited | Pending |
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against Dtwelve Accommodations Private Limited and 1 other | Pending |
To see the full case history of Dtwelve 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
Dtwelve Spaces Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 744 overdue payments to 249 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 249)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pestonics Pest Management Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Dtwelve Spaces Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Dtwelve Spaces has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dtwelve Cafes Private Limited | U45309DL2019PTC354140 |
To see the full group structure of Dtwelve Spaces Private Limited, buy the company report.
Employees & EPFO
Dtwelve Spaces Private Limited has a workforce of 1,202 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Dtwelve Spaces has 25 GST registrations: 25 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCD0417P1ZJ | Delhi | Active | 24 Oct 2017 |
| 07AAGCD0417P2ZI | Delhi | Active | 22 Apr 2019 |
| 09AAGCD0417P1ZF | Uttar Pradesh | Active | 20 May 2018 |
| 29AAGCD0417P1ZD | Karnataka | Active | 27 Feb 2019 |
To see the full GST registrations and return filing status of Dtwelve Spaces Private Limited, buy the company report.
Recent activity
Dtwelve Spaces Private Limited has 7 board changes on record since 2017: 6 appointments and 1 cessation. The latest: Ashish Agrawal was appointed as Nominee Director on 19 Oct 2025.
32 earlier events are in the company report.
News
Frequently asked questions
Dtwelve Spaces is an active private limited company based in New Delhi, Delhi, India. The company works in service apartments and long-stay rentals, within the travel and hospitality industry. It was incorporated on 27 February 2017 (9+ years old) and is registered under CIN U45309DL2017PTC313505.
Dtwelve Spaces has 5 current directors:
- Navroz Darius Udwadia - Nominee Director
- Sandeep Dalmia - Director
- Anindya Dutta - Director
- Utsav Mitra - Nominee Director
- Abhinav Chaturvedi - Nominee Director
The latest financial statements of Dtwelve Spaces on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 December 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Dtwelve Spaces is 07AAGCD0417P1ZJ, registered in Delhi. The company has 25 GST registrations in all, of which 25 are active. Other active GSTINs include 07AAGCD0417P2ZI (Delhi), 09AAGCD0417P1ZF (Uttar Pradesh), 29AAGCD0417P1ZD (Karnataka).
The CIN (Corporate Identification Number) of Dtwelve Spaces is U45309DL2017PTC313505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dtwelve Spaces has 130 court cases on record: 55 filed by the company and 75 filed against it. 55 are pending. Most are in the district courts.
Dtwelve Spaces was incorporated on 27 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Dtwelve Spaces has 22 deals on record (19 funding rounds, 3 debt financings), with disclosed funding of ₹1,894.7 Cr; the latest was in October 2025.
The peers of Dtwelve Spaces by revenue are Srichaitanya Students Facility Management Private Limited, Elevate Campuses Limited, Good Host Spaces (Sonipat) Private Limited, all in the Consumer Services industry (Service Apartments), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Ashish Agrawal was appointed as Nominee Director on 19 Oct 2025. Utsav Mitra was appointed as Nominee Director on 14 Mar 2024. Abhinav Chaturvedi was appointed as Nominee Director on 31 Dec 2021. Dtwelve Spaces has 7 board changes on record in total.
Dtwelve Spaces has 11 MSME Form 1 returns on record between 2019 and 2024, listing 744 overdue payments to 249 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Dtwelve Spaces can be reached through the website stanzaliving.com. Its registered office is in New Delhi, Delhi, India.