About Parsvatech Workspaces Private Limited
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Parsvatech Workspaces 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 04 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC296897. Its GSTIN is 27AAJCP2848R1ZJ (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Rushabh Rajesh Shah and Saniel Sunil Golechha.
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 Marathon Futurex Mafatlal Chambers 1st Floor D Wing, Opp. Bdd Chawl N M Joshi Marg Lower Parel (East) Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.93 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹2.99 Cr (net margin 8.1%) and EBITDA of ₹5.46 Cr (EBITDA margin 14.8%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 35% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website worksquare.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMarathon Futurex Mafatlal Chambers 1st Floor D Wing, Opp. Bdd Chawl N M Joshi Marg Lower Parel (East) Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Parsvatech Workspaces Private Limited
The main business activity of Parsvatech Workspaces is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Parsvatech Workspaces Private Limited FY 2025 filings available
Parsvatech Workspaces Private Limited reported revenue of ₹36.93 Cr (up 110% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Parsvatech Workspaces Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 110% growth in the latest year. EBITDA rose 149% 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 of Parsvatech Workspaces Private Limited
| 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 | ₹5.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.99 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Parsvatech Workspaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Parsvatech Workspaces are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Parsvatech Workspaces Private Limited
Parsvatech Workspaces Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Consulting Services, Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RMC Med Limited | ₹37.32 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Jaipur, Rajasthan, India |
| Saravi Industries Private Limited | ₹37.27 Cr (FY 2023) | •••• | •••• | 59.0% | •••• | Bangalore, Karnataka, India |
| Ebsco Information Services India Private Limited | ₹37.17 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Fanatical Funding Force Private Limited | ₹37.12 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore North, Karnataka, India |
| Ics Realty Private Limited | ₹36.95 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Parsvatech Workspaces Private Limited this company | ₹36.93 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Mumbai, Maharashtra, India |
| Kothari Woollens Pvt.Ltd. | ₹36.92 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bikanar, Rajasthan, India |
| Impca Services Private Limited | ₹36.81 Cr (FY 2024) | •••• | •••• | 162.0% | •••• | Mumbai, Maharashtra, India |
| B S Sea Foods Pvt Ltd | ₹36.8 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Kajol Leasing and Finance Private Limited | ₹36.78 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Thane, Maharashtra, India |
| Igl Infrastructure Private Limited | ₹36.75 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Parsvatech Workspaces by revenue in the BFSI industry (Consulting Services, Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parsvatech Workspaces Private Limited
Parsvatech Workspaces Private Limited is audited by KPA And Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KPA And 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
Verified entity values are shown only after access is granted.
Board of Directors of Parsvatech Workspaces Private Limited
Parsvatech Workspaces has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rushabh Rajesh Shah Also directs: Parsvatech Solutions LLP, Autopilot Innovations Private Limited | Director | 04 Jul 2017 | 9 Years 3 Months | Current |
| Saniel Sunil Golechha Also directs: Parsvatech Solutions LLP, Autopilot Innovations Private Limited | Director | 04 Jul 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Parsvatech Workspaces 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 Parsvatech Workspaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2025 | Others | ₹5 Cr | Open |
| 22 Aug 2025 | Others | ₹1.5 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Parsvatech Workspaces Private Limited
Parsvatech Workspaces Private Limited has 13 court cases on record: 9 filed by Parsvatech Workspaces, 2 filed against it, 2 where it is another party. 2 cases are pending and 11 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 1 | 2 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against Epowerx Learning Technologies Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Epowerx Learning Technologies Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (TRANSFER APPL) | Filed against the company by Epowerx Learning Technologies Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Epowerx Learning Technologies Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against Epowerx Learning Technologies Private Limited | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Parsvatech Workspaces Private Limited
Employment history and EPFO contributions of people linked to Parsvatech Workspaces.
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 Parsvatech Workspaces Private Limited
Parsvatech Workspaces Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rushabh Rajesh Shah was appointed as Director on 04 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Parsvatech Workspaces 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 Parsvatech Workspaces 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parsvatech Workspaces 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 Parsvatech Workspaces Private Limited
Parsvatech Workspaces has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP2848R1ZJ | Maharashtra | Active | 28 Dec 2017 |
| 33AAJCP2848R1ZQ | Tamil Nadu | Active | 11 Mar 2021 |
| 09AAJCP2848R1ZH | Uttar Pradesh | Active | 25 Aug 2021 |
| 19AAJCP2848R1ZG | West Bengal | Active | 14 Feb 2023 |
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 Parsvatech Workspaces 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 Parsvatech Workspaces Private Limited
Parsvatech Workspaces 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 04 July 2017 (9+ years old) and is registered under CIN U74999MH2017PTC296897.
Parsvatech Workspaces reported revenue of ₹36.93 Cr for FY 2025 (up 110% YoY).
Parsvatech Workspaces has 2 current directors:
- Rushabh Rajesh Shah - Director
- Saniel Sunil Golechha - Director
Parsvatech Workspaces reported a net profit of ₹2.99 Cr (net margin 8.1%) and EBITDA of ₹5.46 Cr (EBITDA margin 14.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parsvatech Workspaces is 48% over three years and 35% over five years. In the latest year (FY 2025) revenue rose 110%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parsvatech Workspaces is 27AAJCP2848R1ZJ, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAJCP2848R1ZQ (Tamil Nadu), 09AAJCP2848R1ZH (Uttar Pradesh), 19AAJCP2848R1ZG (West Bengal).
The CIN (Corporate Identification Number) of Parsvatech Workspaces is U74999MH2017PTC296897. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parsvatech Workspaces has 13 court cases on record: 9 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Parsvatech Workspaces was incorporated on 04 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parsvatech Workspaces by revenue are RMC Med Limited, Saravi Industries Private Limited, Ebsco Information Services India Private Limited, Fanatical Funding Force Private Limited, Ics Realty Private Limited and 5 more, all in the BFSI industry (Consulting Services, Real Estate Leasing).
Rushabh Rajesh Shah was appointed as Director on 04 Jul 2017. Saniel Sunil Golechha was appointed as Director on 04 Jul 2017.