About Innov8 Workspaces India Limited
Data last updated:
Innov8 Workspaces India Limited is a public limited company based in Delhi, India, a subsidiary of Oyo Hotels And Homes Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 11 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL2019PLC351211. Its GSTIN is 07AACCO9563F1Z8 (Delhi). The company holds 16 GST registrations, all of them active.
The company has an authorised share capital of ₹26.5 Cr and a paid-up capital of ₹25.43 Cr. It is led by directors including Rakesh Kumar and Anshuman Singh.
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 44 2nd Floor Regal Building Connaught Place, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹117.52 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 1%) and EBITDA of ₹69.97 Cr (EBITDA margin 59.5%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 29% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Oyoworkspaces, WorkFlo by OYO and OYO. As per MCA filings, the company has open charges of ₹35 Cr on record. Court records list 32 cases involving the company, including 26 filed by the company and 6 filed against it; 5 cases are pending. The company has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹45 Cr; the latest was in January 2025.
For more details, the company can be reached via its website oyoworkspaces.com.
Company details
CIN history
Innov8 Workspaces India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100DL2019PLC351211, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100DL2019PLC351211 | Current |
| U70100DL2019PTC351211 | Previous |
| U74999DL2019PTC351211 | Previous |
Contact details
Innov8 Workspaces India Limited's registered office is in Central Delhi, Delhi. Its website is oyoworkspaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address44 2nd Floor Regal Building Connaught Place, Delhi, India – 110001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Innov8 Workspaces India 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
Innov8 Workspaces India operates multiple associated brands including Oyoworkspaces, WorkFlo by OYO, and OYO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers shared and private office spaces with amenities for startups and businesses. | workflobyoyo.com | |
| Online marketplace for booking accommodations is operated. | oyorooms.com | |
| Offers coworking spaces, private offices, and meeting rooms for startups and businesses. | oyoworkspaces.com |
Financials of Innov8 Workspaces India Limited
FY 2025 filings availableInnov8 Workspaces India Limited reported revenue of ₹117.52 Cr (up 113% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 113% growth in the latest year. EBITDA rose 60% 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 | ₹117.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.16 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.5% | ||||
| Net Profit Margin | 1% | ||||
| 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 Innov8 Workspaces India Limited, buy the company report.
Board of directors of Innov8 Workspaces India Limited
Innov8 Workspaces India has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Also directs: Oravel Stays Limited, Supreme Sai Construction and Developers LLP, Oyo Oth Investments I LLP and 5 more | Director | 09 Jul 2019 | 7 Years 3 Months | Current |
| Anshuman Singh | Director | 24 Mar 2025 | 1 Years 7 Months | Current |
| Ashish Kumar Saurabh | Additional Director | 29 Jul 2026 | 0 Years 2 Months | Current |
| Sonia Gupta Also directs: Sunday Proptech Limited | Additional Director | 26 Feb 2026 | 0 Years 7 Months | Current |
| Deepa Malik | Additional Director | 16 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Innov8 Workspaces India Limited is audited by S R BATLIBOI & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & ASSOCIATES LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Innov8 Workspaces India Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Innov8 Workspaces India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2026 | 101310899 | Others | ₹25 Cr | Open | |
| 11 Apr 2025 | 101089535 | Others | ₹10 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Innov8 Workspaces India Limited has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹45 Cr; the latest was in January 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Funding round | ₹45 Cr | Investors: Incred Wealth and Investment Services Private Limited |
| Oct 2024 | Rights issue | ₹106 Cr | Investors: Oyo Hotels and Homes Private Limited |
| Sep 2019 | Rights issue | ₹99.9 Lakh | Investors: Oyo Hotels and Homes Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Innov8 Workspaces India Limited has 32 court cases on record: 26 filed by Innov8 Workspaces India, 6 filed against it. 5 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 5 | 4 |
| District courts | 3 | 1 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CPCD) | Filed against the company by Dipika Silk Mills Private Limited and Anr and 1 other | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by Real Capital Towers Private Limited | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by Abnc Property Management Private Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Sila Solutions Private Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Dipika Silk Mills Private Limited | Disposed |
To see the full case history of Innov8 Workspaces India 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 Innov8 Workspaces India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innov8 Workspaces India Limited has a workforce of 24 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Innov8 Workspaces India has 16 GST registrations: 16 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCO9563F1Z8 | Delhi | Active | 22 Jun 2019 |
| 07AACCO9563F1CJ | Delhi | Active | 29 Mar 2020 |
| 37AACCO9563F1Z5 | Andhra Pradesh | Active | 19 Jul 2019 |
| 06AACCO9563F1ZA | Haryana | Active | 23 Jul 2019 |
To see the full GST registrations and return filing status of Innov8 Workspaces India Limited, buy the company report.
Recent activity
Innov8 Workspaces India Limited has 15 board changes on record since 2019: 5 appointments and 10 cessations. The latest: Ashish Kumar Saurabh was appointed as Additional Director on 29 Jul 2026.
8 earlier events are in the company report.
Frequently asked questions
Innov8 Workspaces India is an active public limited company based in Delhi, India. The company works in real estate financing, within the financial services industry. It was incorporated on 11 June 2019 (7+ years old) and is registered under CIN U70100DL2019PLC351211.
Innov8 Workspaces India has 5 current directors:
- Rakesh Kumar - Director
- Anshuman Singh - Director
- Ashish Kumar Saurabh - Additional Director
- Sonia Gupta - Additional Director
- Deepa Malik - Additional Director
The latest financial statements of Innov8 Workspaces India 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 2020 are in the company report.
The GSTIN of Innov8 Workspaces India is 07AACCO9563F1Z8, registered in Delhi. The company has 16 GST registrations in all, of which 16 are active. Other active GSTINs include 07AACCO9563F1CJ (Delhi), 37AACCO9563F1Z5 (Andhra Pradesh), 06AACCO9563F1ZA (Haryana).
The CIN (Corporate Identification Number) of Innov8 Workspaces India is U70100DL2019PLC351211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innov8 Workspaces India has 32 court cases on record: 26 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.
Innov8 Workspaces India was incorporated on 11 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Innov8 Workspaces India has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹45 Cr; the latest was in January 2025.
Ashish Kumar Saurabh was appointed as Additional Director on 29 Jul 2026. Sonia Gupta was appointed as Additional Director on 26 Feb 2026. Deepa Malik was appointed as Additional Director on 16 Feb 2026. Innov8 Workspaces India has 15 board changes on record in total.
Innov8 Workspaces India can be reached through the website oyoworkspaces.com. Its registered office is in Delhi, India.