MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0030903
Innoprop Spaces Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹42.74 Cr
▲ 6% YoY
Net profit · FY 2025
₹2.37 Cr
Net margin 5.5%
EBITDA · FY 2025
₹13.07 Cr
EBITDA margin 30.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹53.62 Cr
Satisfied ₹100 Cr
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Innoprop Spaces Private Limited
Data last updated:
Innoprop Spaces Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 07 November 2017 and has been in existence for over 9 years.
Its director Rishi Das and family are #1,374 among India's richest people (2026). Its director Anshuman Das is #1,673 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2017PTC107709. Its GSTIN is 29AAECI6733K1Z5 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anshuman Das and Rishi Das.
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 Plot # 53 5th Floor Devarabeesanahalli Village Varthur Hobli, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹42.74 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.37 Cr (net margin 5.5%) and EBITDA of ₹13.07 Cr (EBITDA margin 30.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company is associated with 1 brand: IndiQube. As per MCA filings, the company has open charges of ₹53.62 Cr and satisfied charges of ₹100 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in May 2018.
Innoprop Spaces Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0030903). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiqube.com.
Company details
CIN U45209KA2017PTC107709
Registration Number 107709
Incorporation Date 07 November 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0030903
Recognitions & Rankings of Innoprop Spaces
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,374 Rishi Das & family ₹1,600 Cr
- #1,673 Anshuman Das ₹1,100 Cr
Contact details
Innoprop Spaces Private Limited's registered office is in Bangalore, Karnataka. Its website is indiqube.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot # 53 5th Floor Devarabeesanahalli Village Varthur Hobli, Bangalore, Karnataka, India – 560103
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Innoprop Spaces Private Limited, buy the company report.
Comprehensive company report
Innoprop Spaces 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
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Brands
Innoprop Spaces operates one associated brand: IndiQube. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible workspace solutions are provided for enterprises, startups, and SMBs. | indiqube.com |
Business activity
The main business activity of Innoprop Spaces 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 Innoprop Spaces Private Limited, buy the company report.
Financials of Innoprop Spaces Private Limited
FY 2025 filings availableInnoprop Spaces Private Limited reported revenue of ₹42.74 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹42.74 Cr ▲ 6%
Net profit · FY 2025
₹2.37 Cr margin 5.5%
EBITDA · FY 2025
₹13.07 Cr margin 30.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 17%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 12%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 6% growth in the latest year. EBITDA fell 6% 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 |
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| EBITDA | ₹13.07 Cr | ||||
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| Net Profit (PAT) | ₹2.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 30.6% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Innoprop Spaces Private Limited, buy the company report.
Board of directors of Innoprop Spaces Private Limited
Innoprop Spaces has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshuman Das Also directs: Indiqube Spaces Limited, Rishuman Constructions Private Limited, Hirepro Technologies Private Limited and 2 more | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Rishi Das | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Megana Agarwal Also directs: Ispl Solar India LLP, Indiqube Spaces Limited | Director | 10 May 2018 | 8 Years 5 Months | Current |
Auditor
Innoprop Spaces Private Limited is audited by KOPPARAM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOPPARAM & CO | FY 2023 | 025901S |
Shareholding
The shareholding of Innoprop Spaces Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innoprop Spaces Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53.62 Cr
Satisfied charges
₹100 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2020 | 100399791 | The Hongkong and Shanghai Banking Corporation Limited | ₹53 Cr | Open | |
| 20 Jun 2019 | 100270947 | Axis Bank Limited | ₹61.93 Lakh | Open | |
| 05 Oct 2021 | 100504254 | Others | ₹40 Cr | Satisfied | |
| 20 Apr 2019 | 100259849 | Others | ₹60 Cr | Satisfied |
To see the full charge records of Innoprop Spaces Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Innoprop Spaces Private Limited has 1 deal on record (1 secondary share transfer); the latest was in May 2018.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Innoprop Spaces Private Limited has 3 court cases on record: 3 filed by Innoprop Spaces. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S Siply Services Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Siply Services Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Gamut Analytics Pvt.Ltd., | Disposed |
To see the full case history of Innoprop 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 Innoprop Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innoprop Spaces Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Innoprop Spaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI6733K1Z5 | Karnataka | Active | 09 May 2018 |
To see the full GST registrations and return filing status of Innoprop Spaces Private Limited, buy the company report.
Recent activity
Innoprop Spaces Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Megana Agarwal ceased to be Additional Director on 10 Dec 2018.
AGM
Innoprop Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innoprop Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 20 Apr 2019 via Charge ID 100259849 with Others was fully satisfied on 01 Feb 2023.
Charges
A charge registered on 05 Oct 2021 via Charge ID 100504254 with Others was fully satisfied on 06 Jan 2023.
Charges
A charge with Others amounted to Rs. 4,000.00 Lakh with Charge ID 100504254 was registered on 05 Oct 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 5,300.00 Lakh with Charge ID 100399791 was registered on 24 Dec 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 61.93 Lakh with Charge ID 100270947 was registered on 20 Jun 2019.
Charges
A charge with Others amounted to Rs. 6,000.00 Lakh with Charge ID 100259849 was registered on 20 Apr 2019.
Ceased
Megana Agarwal ceased to be Additional Director.
Appointed
Megana Agarwal was appointed as Director.
Appointed
Anshuman Das was appointed as Director.
Appointed
Rishi Das was appointed as Director.
1 earlier event is in the company report.
News
Frequently asked questions
Innoprop Spaces is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 07 November 2017 (9+ years old) and is registered under CIN U45209KA2017PTC107709.
Innoprop Spaces has 3 current directors:
- Anshuman Das - Director
- Rishi Das - Director
- Megana Agarwal - Director
The latest financial statements of Innoprop Spaces 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 FY 2018 are in the company report.
The GSTIN of Innoprop Spaces is 29AAECI6733K1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Innoprop Spaces is U45209KA2017PTC107709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoprop Spaces has 3 court cases on record: 3 filed by the company. 1 is pending.
Innoprop Spaces was incorporated on 07 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Innoprop Spaces has 1 deal on record (1 secondary share transfer); the latest was in May 2018.
Megana Agarwal ceased to be Additional Director on 10 Dec 2018. Megana Agarwal was appointed as Director on 10 May 2018. Anshuman Das was appointed as Director on 07 Nov 2017. Innoprop Spaces has 4 board changes on record in total.
Yes, Innoprop Spaces is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0030903).