Sbasic Applications Private Limited
About Sbasic Applications Private Limited
Data last updated:
Sbasic Applications Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Space Basic Inc. It operates in the social networking platforms segment of the internet and digital services sector. It was incorporated on 10 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC100424. Its GSTIN is 29AAYCS1079G1ZN (Karnataka).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹1.18 Lakh. It is led by directors Shankar Madhavi and Shankarkumar Venkatraya Raju.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.23 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹44.69 Lakh (net margin -36.3%) and EBITDA of -₹43.14 Lakh (EBITDA margin -35%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 34% over five years.
The company is associated with 1 brand: SpaceBasic. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.55 Cr; the latest was in June 2023. Its 10 peer companies in the Ecommerce and Internet industry (Social Networking) are compared by revenue, 5 larger and 5 smaller; the largest is Bevysquare Social Private Limited with revenue of ₹2.01 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo. 6 3rd Floor 80 Feet Road, Kalyan Nagar H Colony, Bangalore, Karnataka, India – 560038
- IndustryInternet, Social Networking Platforms
- 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
Associated Brands with Sbasic Applications Private Limited
Sbasic Applications operates one associated brand: SpaceBasic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hostel management solutions are delivered via a mobile platform. | spacebasic.com |
Business Activity of Sbasic Applications Private Limited
The business activities of Sbasic Applications are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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 Sbasic Applications Private Limited FY 2025 filings available
Sbasic Applications Private Limited reported revenue of ₹1.23 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sbasic Applications Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 337% 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 Sbasic Applications 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 | -₹43.14 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹44.69 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 Sbasic Applications Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -36.3% | •••• | •••• | •••• | •••• |
| 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 Sbasic Applications are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Sbasic Applications Private Limited
Sbasic Applications has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Madhavi | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
| Shankarkumar Venkatraya Raju | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
Peer Comparison of Sbasic Applications Private Limited
Sbasic Applications Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Social Networking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bevysquare Social Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Cbge Communities Private Limited | ₹2.01 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Bhubaneswar, Odisha, India |
| Feso Social Media Private Limited | ₹1.77 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Hyderabad, Telangana, India |
| Meet Your Lobster Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Faridabad, Haryana, India |
| Protinus Fashion Networking Private Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | -74.0% | •••• | Bangalore, Karnataka, India |
| Sbasic Applications Private Limited this company | ₹1.23 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Social Lab Events India Private Limited | ₹1.22 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Chandigarh, India |
| Localcircles India Private Limited | ₹1.1 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | New Delhi, Delhi, India |
| 100Mb Digital Private Limited | ₹81.03 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Koodo India Private Limited | ₹80.97 Lakh (FY 2024) | •••• | •••• | 481.0% | •••• | Pune, Maharashtra, India |
| Instafeed Social Networking Private Limited | ₹76.98 Lakh (FY 2025) | •••• | •••• | 18246.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Sbasic Applications by revenue in the Ecommerce and Internet industry (Social Networking), 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 Sbasic Applications Private Limited
Sbasic Applications Private Limited is audited by Akana and Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Akana and 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.
Ownership and Shareholding of Sbasic Applications 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 Sbasic Applications Private Limited
Sbasic Applications Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Sbasic Applications Private Limited
Sbasic Applications Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.55 Cr; the latest was in June 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Funding round | ₹1.55 Cr | Investors: Turbostart, SucSEED Indovation |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Space Basic Inc Seller: 2 individuals |
Full deal history
All 2 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.
Employees and EPFO Compliance at Sbasic Applications Private Limited
Employment history and EPFO contributions of people linked to Sbasic Applications.
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 Sbasic Applications Private Limited
Sbasic Applications Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Shankar Madhavi was appointed as Director on 10 Feb 2017.
Credit Ratings, Litigation & Regulatory Alerts for Sbasic Applications 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 Sbasic Applications 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 Sbasic Applications 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 Sbasic Applications Private Limited
Sbasic Applications has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS1079G1ZN | Karnataka | Active | 19 Jan 2018 |
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 Sbasic Applications 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.
Related news about Sbasic Applications Private Limited
Frequently Asked Questions about Sbasic Applications Private Limited
Sbasic Applications is an active private limited company based in Bangalore, Karnataka, India. The company works in social networking platforms, within the internet industry. It was incorporated on 10 February 2017 (9+ years old) and is registered under CIN U74999KA2017PTC100424.
Sbasic Applications reported revenue of ₹1.23 Cr for FY 2024 (down 10% YoY).
Sbasic Applications has 2 current directors:
- Shankar Madhavi - Director
- Shankarkumar Venkatraya Raju - Director
Sbasic Applications reported a net loss of ₹44.69 Lakh (net margin -36.3%) and EBITDA of -₹43.14 Lakh (EBITDA margin -35%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sbasic Applications is 27% over three years and 34% over five years. In the latest year (FY 2024) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sbasic Applications is 29AAYCS1079G1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Sbasic Applications is U74999KA2017PTC100424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sbasic Applications was incorporated on 10 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Sbasic Applications has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.55 Cr; the latest was in June 2023.
The peers of Sbasic Applications by revenue are Bevysquare Social Private Limited, Cbge Communities Private Limited, Feso Social Media Private Limited, Meet Your Lobster Private Limited, Protinus Fashion Networking Private Limited and 5 more, all in the Ecommerce and Internet industry (Social Networking).
Shankar Madhavi was appointed as Director on 10 Feb 2017. Shankarkumar Venkatraya Raju was appointed as Director on 10 Feb 2017.