Pune IT Space Solutions Private Limited
About Pune IT Space Solutions Private Limited
Data last updated:
Pune IT Space Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 February 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U26102MH1972PTC015587. Its GSTIN is 27AABCP1192J1ZC (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Poona Fibre Products Private Limited and Poona Fibre Products Private Limited. It is led by directors including Omhari Mahabir Prasad Halan (Managing Director) and Ajay Kumar Mahabir Prasad Halan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at T – 29 – 31 Bhosari Industrialestate Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.67 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹82.52 Lakh (net margin 8.5%) and EBITDA of ₹1.98 Cr (EBITDA margin 20.5%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹5.05 Lakh and satisfied charges of ₹80.14 Cr on record. Court records list 34 cases involving the company, including 25 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressT – 29 – 31 Bhosari Industrialestate Bhosari, Pune, Maharashtra, India – 411026
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Pune IT Space Solutions Private Limited
The main business activity of Pune IT Space Solutions is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Pune IT Space Solutions Private Limited FY 2024 filings available
Pune IT Space Solutions Private Limited reported revenue of ₹9.67 Cr (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pune IT Space Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 84% fall in the latest year. EBITDA fell 91% 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 Pune IT Space Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹82.52 Lakh | •••• | •••• | •••• | •••• |
| 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 Pune IT Space Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.5% | •••• | •••• | •••• | •••• |
| 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 Pune IT Space Solutions are in the company report.
Financial statements from 2015
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 Pune IT Space Solutions Private Limited
Pune IT Space Solutions Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| New Consolidation Projects & Constructions Private Limited | ₹9.68 Cr (FY 2018) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Vedansh Homes Private Limited | ₹9.68 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Delhi, India |
| Nimar Infra Estate & Developers Private Limited | ₹9.68 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Dhamnod, Madhya Pradesh, India |
| Vertical Fine India Private Limited | ₹9.68 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Delhi, India |
| Universal Infraworld Private Limited | ₹9.67 Cr (FY 2019) | •••• | •••• | -53.0% | •••• | Guwahati, Assam, India |
| Pune IT Space Solutions Private Limited this company | ₹9.67 Cr (FY 2024) | •••• | •••• | -84.0% | •••• | Pune, Maharashtra, India |
| NJL Construction Private Limited | ₹9.67 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Madurai, Tamil Nadu, India |
| Grda Infra Private Limited | ₹9.67 Cr (FY 2025) | •••• | •••• | 567.0% | •••• | Ranchi, Jharkhand, India |
| Nahar Builders and Developers Limited | ₹9.67 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Vasav Enterprises Private Limited | ₹9.67 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Jiwansaagaar Realty Private Limited | ₹9.67 Cr (FY 2025) | •••• | •••• | 948.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Pune IT Space Solutions by revenue in the Real Estate industry (Builders and Developers), 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 Pune IT Space Solutions Private Limited
Pune IT Space Solutions Private Limited is audited by V A DUDHEDIA & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V A DUDHEDIA & Co | 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 Pune IT Space Solutions Private Limited
Pune IT Space Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Omhari Mahabir Prasad Halan | Managing Director | 08 Mar 2006 | 20 Years 7 Months | Current |
| Ajay Kumar Mahabir Prasad Halan | Director | 10 Jun 2009 | 17 Years 4 Months | Current |
| Narayan Hari Mahabir Prasad Halan | Director | 02 May 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Pune IT Space Solutions 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 Pune IT Space Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 1978 | Banka of Mharashtra | ₹40,000 | Open |
| 01 Aug 1973 | Banka of Mharashtra | ₹70,000 | Open |
| 14 Sep 1972 | Banka of Mharashtra | ₹3.95 Lakh | Open |
| 19 Aug 2020 | Indian Bank | ₹3.5 Cr | Satisfied |
| 28 Feb 2018 | Others | ₹11.16 Cr | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Pune IT Space Solutions Private Limited
Pune IT Space Solutions Private Limited has 34 court cases on record: 25 filed by Pune IT Space Solutions, 6 filed against it, 3 where it is another party. 1 case is pending and 33 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 3 | 1 |
| District courts | 9 | 3 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed by the company against an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed against the company by an individual | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Review Appln.) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (RP) | Filed by the company against an individual | Disposed |
Full case history
All 34 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 Pune IT Space Solutions Private Limited
Employment history and EPFO contributions of people linked to Pune IT Space Solutions.
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.
Name History of Pune IT Space Solutions Private Limited
Pune IT Space Solutions has undergone 2 name changes throughout its history. The company was previously known as Poona Fibre Products Private Limited, and Poona Fibre Products Private Limited.. The current legal name is Pune It Space Solutions Private Limited.
| Company Name | Status |
|---|---|
| Pune IT Space Solutions Private Limited | Current |
| Poona Fibre Products Private Limited | Previous |
| Poona Fibre Products Private Limited. | Previous |
Recent Activity on Pune IT Space Solutions Private Limited
Pune IT Space Solutions Private Limited has 9 board changes on record since 1974: 6 appointments and 3 cessations. The latest: Narayan Hari Mahabir Prasad Halan was appointed as Director on 02 May 2023.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pune IT Space Solutions 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 Pune IT Space Solutions 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 Pune IT Space Solutions 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 Pune IT Space Solutions Private Limited
Pune IT Space Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP1192J1ZC | Maharashtra | Active | 01 Jul 2017 |
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 Pune IT Space Solutions 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 Pune IT Space Solutions Private Limited
Pune IT Space Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 February 1972 (54+ years old) and is registered under CIN U26102MH1972PTC015587.
Pune IT Space Solutions reported revenue of ₹9.67 Cr for FY 2024 (down 84% YoY).
Pune IT Space Solutions has 3 current directors:
- Omhari Mahabir Prasad Halan - Managing Director
- Ajay Kumar Mahabir Prasad Halan - Director
- Narayan Hari Mahabir Prasad Halan - Director
Pune IT Space Solutions reported a net profit of ₹82.52 Lakh (net margin 8.5%) and EBITDA of ₹1.98 Cr (EBITDA margin 20.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pune IT Space Solutions is -33% over three years and -30% over five years. In the latest year (FY 2024) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pune IT Space Solutions is 27AABCP1192J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pune IT Space Solutions is U26102MH1972PTC015587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pune IT Space Solutions has 34 court cases on record: 25 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Pune IT Space Solutions was incorporated on 02 February 1972, making it 54+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Pune IT Space Solutions by revenue are New Consolidation Projects & Constructions Private Limited, Vedansh Homes Private Limited, Nimar Infra Estate & Developers Private Limited, Vertical Fine India Private Limited, Universal Infraworld Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Narayan Hari Mahabir Prasad Halan was appointed as Director on 02 May 2023. Kiran Manohar Chamle ceased to be Additional Director on 02 Apr 2023. Kiran Manohar Chamle was appointed as Additional Director on 08 May 2021. Pune IT Space Solutions has 9 board changes on record in total.