About Popspace Technologies Private Limited
Data last updated:
Popspace Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC149415.
The company has an authorised share capital of ₹1.29 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Puneet Dinesh and Tarun Sundaram.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G – 2 1st Floor Eden Crest 460 Krishna Temple Road, Indiranagar 1st Stage Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.52 Cr (net margin -30.6%) and EBITDA of -₹6.02 Cr (EBITDA margin -21.6%). Revenue has grown at a compounded annual rate (CAGR) of 380% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LiteStore. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹3 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹60.22 Cr; the latest was in March 2024. Its 10 peer companies in the BFSI industry (Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is World Trade Park Limited with revenue of ₹28.04 Cr. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 25 overdue payments to 14 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 litestore.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressG – 2 1st Floor Eden Crest 460 Krishna Temple Road, Indiranagar 1st Stage Bangalore, Karnataka, India – 560038
- 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 Popspace Technologies Private Limited
The main business activity of Popspace Technologies is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Popspace Technologies Private Limited FY 2025 filings available
Popspace Technologies Private Limited reported revenue of ₹27.85 Cr (up 360% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Popspace Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 380% over three years, including 360% growth in the latest year. EBITDA fell 33% 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 Popspace Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹6.02 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.52 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 of Popspace Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -21.6% | •••• | •••• | •••• |
| Net Profit Margin | -30.6% | •••• | •••• | •••• |
| 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 Popspace Technologies are in the company report.
Financial statements from FY 2022
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 Popspace Technologies Private Limited
Popspace Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (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 |
|---|---|---|---|---|---|---|
| World Trade Park Limited | ₹28.04 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Kamal Sponge Steel and Power Limited | ₹27.95 Cr (FY 2023) | •••• | •••• | 30.0% | •••• | Jaipur, Rajasthan, India |
| H S Portfolio Private Limited | ₹27.95 Cr (FY 2024) | •••• | •••• | 2798.0% | •••• | New Delhi, Delhi, India |
| Poddar Udyog Limited | ₹27.95 Cr (FY 2023) | •••• | •••• | 215.0% | •••• | Kolkata, West Bengal, India |
| Poswal Realestate Private Limited | ₹27.86 Cr (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Popspace Technologies Private Limited this company | ₹27.85 Cr (FY 2025) | •••• | •••• | 360.0% | •••• | Bangalore, Karnataka, India |
| J.V.N. Exports Private Limited | ₹27.78 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | Bangalore, Karnataka, India |
| Leon Realtors Private Limited | ₹27.47 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Marie Gold Realtors Private Limited | ₹27.46 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Rayala Corporation Private Limited | ₹27.26 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Prajkta Estates Private Limited | ₹27.21 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Popspace Technologies by revenue in the BFSI industry (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 Popspace Technologies Private Limited
Popspace Technologies Private Limited is audited by Guru Jana & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Guru Jana & 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 Popspace Technologies Private Limited
Popspace Technologies 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 |
|---|---|---|---|---|
| Mandar Chandrashekhar Dandekar Also directs: Aanswr Fashion Private Limited | Nominee Director | 07 Dec 2024 | 1 Years 10 Months | Current |
| Mahendran Balachandran Also directs: Erasmic Investment Advisors LLP, Accel Partners India LLP, Accel India Advisors LLP and 5 more | Nominee Director | 07 Oct 2024 | 2 Years 0 Months | Current |
| Puneet Dinesh | Director | 05 Oct 2021 | 5 Years 0 Months | Current |
| Tarun Sundaram | Director | 13 Jul 2021 | 5 Years 2 Months | Current |
| Srinivasan Raghunandhan | Additional Director | 09 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Popspace Technologies 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 Popspace Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2025 | Standard Chartered Bank | ₹15 Cr | Open |
| 30 Jul 2024 | Others | ₹3 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Popspace Technologies Private Limited
Popspace Technologies Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹60.22 Cr; the latest was in March 2024.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round · Series A | ₹46.12 Cr | Investors: Sorin Investments, Accel India, Angel List |
| Mar 2023 | Funding round · Seed | ₹14.01 Cr | Investors: Accel India, Brigade Real Estate Accelerator Program, Angel List |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Brigade Real Estate Accelerator Program Seller: 2 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Popspace Technologies Private Limited
Popspace Technologies Private Limited has 1 court case on record: 1 filed by Popspace Technologies. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Ace Turtle Omni Private Limited | Disposed |
Full case history
All 1 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.
MSME Payment Delays by Popspace Technologies Private Limited
Popspace Technologies Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 25 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Chhabrias Wellness Lounge LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| JMJ Designs & Signages | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Popspace Technologies Private Limited
Popspace Technologies operates one associated brand: LiteStore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform that enables brands to source, design, and operate retail stores | litestore.in |
Employees and EPFO Compliance at Popspace Technologies Private Limited
Employment history and EPFO contributions of people linked to Popspace Technologies.
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 Popspace Technologies Private Limited
Popspace Technologies Private Limited has 7 board changes on record since 2021: 5 appointments and 2 cessations. The latest: Srinivasan Raghunandhan was appointed as Additional Director on 09 Jul 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Popspace Technologies 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.
Subsidiaries & Group Companies of Popspace Technologies 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 Popspace Technologies Private Limited
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 Popspace Technologies 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 Popspace Technologies Private Limited
Popspace Technologies 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 13 July 2021 (5+ years old) and is registered under CIN U72900KA2021PTC149415.
Popspace Technologies reported revenue of ₹27.85 Cr for FY 2025 (up 360% YoY).
Popspace Technologies has 5 current directors:
- Mandar Chandrashekhar Dandekar - Nominee Director
- Mahendran Balachandran - Nominee Director
- Puneet Dinesh - Director
- Tarun Sundaram - Director
- Srinivasan Raghunandhan - Additional Director
Popspace Technologies reported a net loss of ₹8.52 Cr (net margin -30.6%) and EBITDA of -₹6.02 Cr (EBITDA margin -21.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Popspace Technologies is 380% over three years. In the latest year (FY 2025) revenue rose 360%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Popspace Technologies is U72900KA2021PTC149415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Popspace Technologies has 1 court case on record: 1 filed by the company.
Popspace Technologies was incorporated on 13 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Popspace Technologies has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹60.22 Cr; the latest was in March 2024.
The peers of Popspace Technologies by revenue are World Trade Park Limited, Kamal Sponge Steel and Power Limited, H S Portfolio Private Limited, Poddar Udyog Limited, Poswal Realestate Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Srinivasan Raghunandhan was appointed as Additional Director on 09 Jul 2025. Mandar Chandrashekhar Dandekar was appointed as Nominee Director on 07 Dec 2024. Mahendran Balachandran was appointed as Nominee Director on 07 Oct 2024. Popspace Technologies has 7 board changes on record in total.
Yes, Popspace Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).