About Shriram Upscale Spaces Private Limited
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Shriram Upscale Spaces Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Shriram Properties Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45500KA2017PTC099721. Its GSTIN is 29AAYCS0686H1ZI (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Narasimhamurthy Nagendra and Ramesh Ramachandran Kalpattu.
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 No. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.02 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹2.17 Cr (net margin -8.7%) and EBITDA of -₹1.33 Cr (EBITDA margin -5.3%).
As per MCA filings, the company has open charges of ₹25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shriramproperties.com.
Company details
Contact details
Shriram Upscale Spaces Private Limited's registered office is in Bengaluru, Karnataka. Its website is shriramproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shriram Upscale 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 Shriram Upscale Spaces 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 Shriram Upscale Spaces Private Limited, buy the company report.
Financials of Shriram Upscale Spaces Private Limited
FY 2025 filings availableShriram Upscale Spaces Private Limited reported revenue of ₹25.02 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 48% in the latest year. EBITDA fell 410% 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 | -₹1.33 Cr | ||||
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| Net Profit (PAT) | -₹2.17 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.3% | ||||
| Net Profit Margin | -8.7% | ||||
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To see the full financial statements and ratios of Shriram Upscale Spaces Private Limited, buy the company report.
Board of directors of Shriram Upscale Spaces Private Limited
Shriram Upscale Spaces has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasimhamurthy Nagendra Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, Shriprop Projects Private Limited and 4 more | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
| Ramesh Ramachandran Kalpattu Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, Global Entropolis (Vizag) Private Limited and 5 more | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
| Krishna Veeraraghavan Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, Global Entropolis (Vizag) Private Limited and 5 more | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Shriram Upscale Spaces 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 |
|---|---|---|---|---|---|---|
| RHG Constructions Private Limited | ₹25.05 Cr (FY 2024) | 65.0% | Ludhiana, Punjab, India | |||
| Pramukh Infratech Private Limited | ₹25.03 Cr (FY 2025) | 3.0% | Dhansura, Gujarat, India | |||
| Shriram Upscale Spaces Private Limitedthis company | ₹25.02 Cr (FY 2025) | -₹2.17 Cr | -8.7% | 48.0% | Bengaluru, Karnataka, India | |
| Pyramid Buildtech Private Limited | ₹25.02 Cr (FY 2024) | 89.0% | New Delhi, Delhi, India | |||
| DPV Infrastructure Private Limited | ₹25 Cr (FY 2025) | 63.0% | Gurugram, Haryana, India | |||
| Hyce Engineers and Infra Private Limited | ₹24.98 Cr (FY 2025) | -9.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Shriram Upscale Spaces Private Limited, buy the company report.
Auditor
Shriram Upscale Spaces Private Limited is audited by ABARNA & ANANTHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABARNA & ANANTHAN | FY 2023 | 000003S |
Shareholding
The shareholding of Shriram Upscale Spaces 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) | |||||
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| Others |
To see the full shareholding pattern of Shriram Upscale Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2025 | 101095158 | Others | ₹25 Cr | Open |
To see the full charge records of Shriram Upscale Spaces Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shriram Upscale 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
Shriram Upscale Spaces Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment 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 |
|---|---|---|---|
| Ies Meppro Private Limited |
To see the full MSME payment records of Shriram Upscale Spaces Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shriram Upscale Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS0686H1ZI | Karnataka | Active | 03 Feb 2023 |
To see the full GST registrations and return filing status of Shriram Upscale Spaces Private Limited, buy the company report.
Recent activity
Shriram Upscale Spaces Private Limited has 11 board changes on record since 2017: 3 appointments and 8 cessations. The latest: Krishna Veeraraghavan ceased to be Additional Director on 29 Sep 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Shriram Upscale 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 06 February 2017 (9+ years old) and is registered under CIN U45500KA2017PTC099721.
Shriram Upscale Spaces has 3 current directors:
- Narasimhamurthy Nagendra - Director
- Ramesh Ramachandran Kalpattu - Director
- Krishna Veeraraghavan - Director
The latest financial statements of Shriram Upscale 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 2017 are in the company report.
The GSTIN of Shriram Upscale Spaces is 29AAYCS0686H1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Shriram Upscale Spaces is U45500KA2017PTC099721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriram Upscale Spaces was incorporated on 06 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shriram Upscale Spaces by revenue are RHG Constructions Private Limited, Pramukh Infratech Private Limited, Pyramid Buildtech Private Limited, DPV Infrastructure Private Limited, Hyce Engineers and Infra Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Krishna Veeraraghavan ceased to be Additional Director on 29 Sep 2025. Narasimhamurthy Nagendra ceased to be Additional Director on 29 Sep 2025. Ramesh Ramachandran Kalpattu ceased to be Additional Director on 29 Sep 2025. Shriram Upscale Spaces has 11 board changes on record in total.
Shriram Upscale Spaces has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 05 Nov 2023.
Shriram Upscale Spaces can be reached through the website shriramproperties.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Shriram Upscale Spaces is at No. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080.
Shriram Upscale Spaces operates in the real estate and construction industry, in the real estate builders and developers segment.