MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0088806
Sai Spacecon India Private Limited - real estate and construction in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.51 Cr
▲ 789% YoY
Net profit · FY 2025
₹15.1 Cr
Net margin 31.1%
EBITDA · FY 2025
₹23.79 Cr
EBITDA margin 49%
Authorised capital
₹2.25 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹33.31 Cr
Satisfied ₹86.78 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
11
Provident fund records
About Sai Spacecon India Private Limited
Data last updated:
Sai Spacecon India 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 26 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70102PN2011PTC139673. Its GSTIN is 27AAPCS8607M1ZJ (Maharashtra).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Subhash Tipanna Nelge (Managing Director) and Chaitanya Nelge.
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 11th Floor Sai Capital Senapati Bapat Road, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.1 Cr (net margin 31.1%) and EBITDA of ₹23.79 Cr (EBITDA margin 49%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 57% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹33.31 Cr and satisfied charges of ₹86.78 Cr on record. Court records list 20 cases involving the company, including 7 filed by the company and 13 filed against it; 13 cases are pending.
Sai Spacecon India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0088806). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saierectors.com.
Company details
CIN U70102PN2011PTC139673
Registration Number 139673
Incorporation Date 26 May 2011
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0088806
Key People
Subhash Tipanna Nelge Managing Director Chaitanya Nelge Director Shivkumar Tipanna Nelge Director Recognitions & Rankings of Sai Spacecon India
Contact details
Sai Spacecon India Private Limited's registered office is in Pune, Maharashtra. Its website is saierectors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11th Floor Sai Capital Senapati Bapat Road, Pune, Maharashtra, India – 411016
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sai Spacecon India Private Limited, buy the company report.
Comprehensive company report
Sai Spacecon India 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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Secure checkout · GST invoice included
Business activity
The main business activity of Sai Spacecon India is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Sai Spacecon India Private Limited, buy the company report.
Financials of Sai Spacecon India Private Limited
FY 2025 filings availableSai Spacecon India Private Limited reported revenue of ₹48.51 Cr (up 789% YoY) for FY 2025.
Revenue · FY 2025
₹48.51 Cr ▲ 789%
Net profit · FY 2025
₹15.1 Cr margin 31.1%
EBITDA · FY 2025
₹23.79 Cr margin 49%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 789%
3 years · compounded
▲ 38%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▲ 667%
3 years · compounded
▲ 22%
5 years · compounded
▲ 50%
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 789% growth in the latest year. EBITDA rose 667% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.79 Cr | ||||
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| Net Profit (PAT) | ₹15.1 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 49% | ||||
| Net Profit Margin | 31.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sai Spacecon India Private Limited, buy the company report.
Board of directors of Sai Spacecon India Private Limited
Sai Spacecon India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanya Nelge | Director | 17 Jun 2014 | 12 Years 4 Months | Current |
| Shivkumar Tipanna Nelge Also directs: City Infra Projects LLP, Sai Landmarks LLP, Kharabwadi Industrial Park Private Limited and 1 more | Director | 26 May 2011 | 15 Years 5 Months | Current |
| Subhash Tipanna Nelge | Managing Director | 26 May 2011 | 15 Years 5 Months | Current |
Auditor
Sai Spacecon India Private Limited is audited by W S P S & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| W S P S & Company | FY 2023 | 137595 |
Shareholding
The shareholding of Sai Spacecon India 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 Sai Spacecon India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.31 Cr
Satisfied charges
₹86.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2023 | 100776946 | Axis Bank Limited | ₹1.89 Cr | Open | |
| 05 Aug 2023 | 100758279 | Axis Bank Limited | ₹3.7 Cr | Open | |
| 06 Jul 2023 | 100743812 | Axis Bank Limited | ₹3.63 Cr | Open | |
| 15 Sep 2022 | 100610963 | Others | ₹24.09 Cr | Open | |
| 24 Jan 2024 | 100864352 | State Bank of India | ₹18 Cr | Satisfied |
To see the full charge records of Sai Spacecon India Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Sai Spacecon India Private Limited has 20 court cases on record: 7 filed by Sai Spacecon India, 13 filed against it. 13 cases are pending and 7 are disposed.
Total cases
20
Filed by the company
7
Filed against the company
13
Pending
13
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 13 | 12 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Axis Bank Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Axis Bank Ltd. Through Mukund Shivaji Jagtap | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Sai Canary Cooperative Housing Society Limited Through Its Secretary Mr Ritesh Sharma | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Sai Spacecon India 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
Sai Spacecon India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M/S Paresh K Shah and Co. |
To see the full MSME payment records of Sai Spacecon India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sai Spacecon India Private Limited has a workforce of 11 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
120%
GST
Sai Spacecon India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS8607M1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Spacecon India Private Limited, buy the company report.
Recent activity
Sai Spacecon India Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Chaitanya Nelge ceased to be Additional Director on 30 Sep 2014.
AGM
Sai Spacecon India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sai Spacecon India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 24 Jan 2024 via Charge ID 100864352 with State Bank Of India was fully satisfied on 03 Feb 2025.
Charges
A charge with Others of Rs. 24.09 Cr registered on 15 Sep 2022 with Charge ID 100610963 was modified on 08 Nov 2024.
Charges
A charge with State Bank Of India of Rs. 18.00 Cr registered on 24 Jan 2024 with Charge ID 100864352 was modified on 31 Jan 2024.
Charges
A charge with State Bank Of India amounted to Rs. 18.00 Cr with Charge ID 100864352 was registered on 24 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.89 Cr with Charge ID 100776946 was registered on 25 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.70 Cr with Charge ID 100758279 was registered on 05 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.63 Cr with Charge ID 100743812 was registered on 06 Jul 2023.
Charges
A charge registered on 22 Nov 2011 via Charge ID 10320871 with Bank Of Maharashtra was fully satisfied on 15 Mar 2023.
Charges
A charge registered on 12 Apr 2021 via Charge ID 100435978 with Axis Bank Limited was fully satisfied on 22 Sep 2022.
Charges
A charge registered on 11 Nov 2020 via Charge ID 100391809 with Others was fully satisfied on 21 Sep 2022.
27 earlier events are in the company report.
Frequently asked questions
Sai Spacecon India 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 26 May 2011 (15+ years old) and is registered under CIN U70102PN2011PTC139673.
Sai Spacecon India has 3 current directors:
- Subhash Tipanna Nelge - Managing Director
- Chaitanya Nelge - Director
- Shivkumar Tipanna Nelge - Director
The latest financial statements of Sai Spacecon India 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 2015 are in the company report.
The GSTIN of Sai Spacecon India is 27AAPCS8607M1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sai Spacecon India is U70102PN2011PTC139673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Spacecon India has 20 court cases on record: 7 filed by the company and 13 filed against it. 13 are pending. Most are in the district courts.
Sai Spacecon India was incorporated on 26 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Chaitanya Nelge ceased to be Additional Director on 30 Sep 2014. Chaitanya Nelge was appointed as Director on 17 Jun 2014. Subhash Tipanna Nelge ceased to be Director on 02 Jan 2012. Sai Spacecon India has 5 board changes on record in total.
Yes, Sai Spacecon India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0088806).
Sai Spacecon India has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Sai Spacecon India can be reached through the website saierectors.com. Its registered office is in Pune, Maharashtra, India.