About Prowork Spaces Private Limited
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Prowork Spaces Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45309KA2020PTC133176. Its GSTIN is 29AALCP0886B1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jilajarja Adhireddy Naveen Chandra Reddy and Narayanappa Soumya.
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 10(72/82) Green Leaf Layout 4th Block 80 Ft Road Koramangala, Bengaluru, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.06 Cr. For the same year it recorded a net profit of ₹39.3 Lakh (net margin 6.5%) and EBITDA of ₹1.82 Cr (EBITDA margin 30%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.
As per MCA filings, the company has open charges of ₹70 Lakh on record.
For more details, the company can be reached via its website proworks.co.
Company details
Contact details
Prowork Spaces Private Limited's registered office is in Bengaluru, Karnataka. Its website is proworks.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10(72/82) Green Leaf Layout 4th Block 80 Ft Road Koramangala, Bengaluru, Karnataka, India – 560034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Prowork 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
Business activity
The main business activity of Prowork Spaces is real estate. In detail, this covers real estate activities with own or leased property and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| 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 | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Prowork Spaces Private Limited, buy the company report.
Financials of Prowork Spaces Private Limited
FY 2025 filings availableProwork Spaces Private Limited reported revenue of ₹6.06 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 81% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.82 Cr | ||||
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| Net Profit (PAT) | ₹39.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 30% | ||||
| Net Profit Margin | 6.5% | ||||
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To see the full financial statements and ratios of Prowork Spaces Private Limited, buy the company report.
Board of directors of Prowork Spaces Private Limited
Prowork Spaces has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jilajarja Adhireddy Naveen Chandra Reddy Also directs: Kalarang Studios Private Limited | Director | 15 May 2020 | 6 Years 5 Months | Current |
| Narayanappa Soumya | Director | 03 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Prowork Spaces Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pratik Conductors Private Limited | ₹6.07 Cr (FY 2023) | 2523.0% | Mumbai 66. Wef->31.10.1998, Maharashtra, India | |||
| Manichandan Barter Pvt.Ltd. | ₹6.07 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Prowork Spaces Private Limitedthis company | ₹6.06 Cr (FY 2024) | ₹39.3 Lakh | 6.5% | Bengaluru, Karnataka, India | ||
| Tenerife Innovations Private Limited | ₹6.05 Cr (FY 2024) | 14.0% | New Delhi, Delhi, India |
To see the full peer comparison of Prowork Spaces Private Limited, buy the company report.
Auditor
Prowork Spaces Private Limited is audited by V SAGAR AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SAGAR AND CO | FY 2021 | 016658S |
Shareholding
The shareholding of Prowork Spaces Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prowork Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2022 | 100641841 | Others | ₹70 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prowork Spaces Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prowork Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prowork Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCP0886B1Z8 | Karnataka | Active | 17 Mar 2020 |
To see the full GST registrations and return filing status of Prowork Spaces Private Limited, buy the company report.
Recent activity
Prowork Spaces Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Spandana Talluri ceased to be Director on 16 May 2020.
Frequently asked questions
Prowork Spaces is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 March 2020 (6+ years old) and is registered under CIN U45309KA2020PTC133176.
Prowork Spaces has 2 current directors:
- Jilajarja Adhireddy Naveen Chandra Reddy - Director
- Narayanappa Soumya - Director
The latest financial statements of Prowork 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 2020 are in the company report.
The GSTIN of Prowork Spaces is 29AALCP0886B1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Prowork Spaces is U45309KA2020PTC133176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prowork Spaces was incorporated on 03 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prowork Spaces by revenue are Pratik Conductors Private Limited, Manichandan Barter Pvt.Ltd, Tenerife Innovations Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Spandana Talluri ceased to be Director on 16 May 2020. Jilajarja Adhireddy Naveen Chandra Reddy was appointed as Director on 15 May 2020. Narayanappa Soumya was appointed as Director on 03 Mar 2020.
Prowork Spaces can be reached through the website proworks.co. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Prowork Spaces is at 107282 Green Leaf Layout 4th Block 80 Ft Road Koramangala, Bengaluru, Karnataka, India – 560034.
Prowork Spaces operates in the real estate and construction industry, in the real estate builders and developers segment.