MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0191111
Pune IT Space Solutions Private Limited
Pune IT Space Solutions Private Limited - real estate and construction in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.67 Cr
▼ 84% YoY
Net profit · FY 2024
₹82.52 Lakh
Net margin 8.5%
EBITDA · FY 2024
₹1.98 Cr
EBITDA margin 20.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹5.05 Lakh
Satisfied ₹80.14 Cr
Company age
54 yrs
Est. 1972
Directors on board
3
As per MCA filings
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 9 filed against it; 1 case is pending.
Pune IT Space Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0191111). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U26102MH1972PTC015587
Registration Number 015587
Incorporation Date 02 February 1972
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0191111
Name history
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 |
Key People
Omhari Mahabir Prasad Halan Managing Director Ajay Kumar Mahabir Prasad Halan Director Narayan Hari Mahabir Prasad Halan Director Recognitions & Rankings of Pune IT Space Solutions
Contact details
Pune IT Space Solutions Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressT – 29 – 31 Bhosari Industrialestate Bhosari, Pune, Maharashtra, India – 411026
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Pune IT Space Solutions Private Limited, buy the company report.
Comprehensive company report
Pune IT Space Solutions Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Pune IT Space Solutions is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Pune IT Space Solutions Private Limited, buy the company report.
Financials of Pune IT Space Solutions Private Limited
FY 2024 filings availablePune IT Space Solutions Private Limited reported revenue of ₹9.67 Cr (down 84% YoY) for FY 2024.
Revenue · FY 2024
₹9.67 Cr ▼ 84%
Net profit · FY 2024
₹82.52 Lakh margin 8.5%
EBITDA · FY 2024
₹1.98 Cr margin 20.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 33%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 45%
5 years · compounded
▼ 28%
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| 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 | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| 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 | |||||
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| 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 Pune IT Space Solutions Private Limited, buy the company report.
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.
Current Directors
| 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 |
Peer comparison
Pune IT Space Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| 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 | |||
| Universal Infraworld Private Limited | ₹9.67 Cr (FY 2019) | -53.0% | Guwahati, Assam, India | |||
| Pune IT Space Solutions Private Limitedthis company | ₹9.67 Cr (FY 2024) | ₹82.52 Lakh | 8.5% | -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 |
To see the full peer comparison of Pune IT Space Solutions Private Limited, buy the company report.
Auditor
Pune IT Space Solutions Private Limited is audited by V A DUDHEDIA & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A DUDHEDIA & Co | FY 2023 | 112450W |
Shareholding
The shareholding of Pune IT Space Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pune IT Space Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.05 Lakh
Satisfied charges
₹80.14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 1978 | 90362206 | Banka of Mharashtra | ₹40,000 | Open | |
| 01 Aug 1973 | 90361911 | Banka of Mharashtra | ₹70,000 | Open | |
| 14 Sep 1972 | 90365020 | Banka of Mharashtra | ₹3.95 Lakh | Open | |
| 19 Aug 2020 | 100367566 | Indian Bank | ₹3.5 Cr | Satisfied | |
| 28 Feb 2018 | 100168896 | Others | ₹11.16 Cr | Satisfied |
To see the full charge records of Pune IT Space Solutions Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Pune IT Space Solutions Private Limited has 34 court cases on record: 25 filed by Pune IT Space Solutions, 9 filed against it. 1 case is pending and 33 are disposed.
Total cases
34
Filed by the company
25
Filed against the company
9
Pending
1
Disposed
33
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 3 | 1 |
| District courts | 9 | 6 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed by the company against Millennium Commercial Pvt.Limited and 3 others | Disposed |
| Bombay High Court | Court case (RP) | Filed by the company against Terraco India Pvt. Ltd. and 3 others | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Ob.Notice) | Filed by the company against Ms. Terraco India Pvt.Ltd. and 6 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Pushp Aluminium Pvt.Ltd. and 9 others | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against an individual | Pending |
To see the full case history of Pune IT Space Solutions Private 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 Pune IT Space Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pune IT Space Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP1192J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pune IT Space Solutions Private Limited, buy the company report.
Recent activity
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.
AGM
Pune It Space Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pune It Space Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Narayan Hari Mahabir Prasad Halan was appointed as Director.
Ceased
Kiran Manohar Chamle ceased to be Additional Director.
Charges
A charge registered on 28 Feb 2018 via Charge ID 100168896 with Others was fully satisfied on 15 Jun 2022.
Charges
A charge registered on 28 Feb 2018 via Charge ID 100168944 with Others was fully satisfied on 15 Jun 2022.
Charges
A charge with Others of Rs. 11.16 Cr registered on 28 Feb 2018 with Charge ID 100168896 was modified on 06 Oct 2021.
Charges
A charge with Others of Rs. 6.68 Cr registered on 28 Feb 2018 with Charge ID 100168944 was modified on 06 Oct 2021.
Charges
A charge registered on 19 Aug 2020 via Charge ID 100367566 with Indian Bank was fully satisfied on 04 Sep 2021.
Charges
A charge registered on 28 Sep 2016 via Charge ID 100055827 with Indian Bank was fully satisfied on 04 Sep 2021.
Appointed
Kiran Manohar Chamle was appointed as Additional Director.
Charges
A charge with Indian Bank amounted to Rs. 3.50 Cr with Charge ID 100367566 was registered on 19 Aug 2020.
18 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Omhari Mahabir Prasad Halan - Managing Director
- Ajay Kumar Mahabir Prasad Halan - Director
- Narayan Hari Mahabir Prasad Halan - Director
The latest financial statements of Pune IT Space Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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 9 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, Universal Infraworld Private Limited, NJL Construction Private Limited, Grda Infra Private Limited, Nahar Builders and Developers Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
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.
Yes, Pune IT Space Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0191111).
The registered office of Pune IT Space Solutions is at T – 29 – 31 Bhosari Industrialestate Bhosari, Pune, Maharashtra, India – 411026.
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