Space Age Power Private Limited
About Space Age Power Private Limited
Data last updated:
Space Age Power Private Limited is a private limited company based in Srinagar, Jammu And Kashmir, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 26 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U45204JK2006PTC002668. Its GSTIN is 01AALCS2676J1Z6 (Jammu and Kashmir). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Nissar Ahmad Khan (Managing Director) and Nighat Nissar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Auqaf Building Zero Bridge, Srinagar, Jammu and Kashmir, India – 190001.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.6 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹10.36 Lakh (net margin 4%) and EBITDA of ₹71.68 Lakh (EBITDA margin 27.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹7.99 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Space Age Power Private Limited's registered office is in Srinagar, Jammu And Kashmir. Its e-mail address is in the company report.
- Email
- Registered AddressAuqaf Building Zero Bridge, Srinagar, Jammu and Kashmir, India – 190001
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Space Age Power 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 Space Age Power is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Space Age Power Private Limited, buy the company report.
Financials of Space Age Power Private Limited
FY 2023 filings availableSpace Age Power Private Limited reported revenue of ₹2.6 Cr (up 68% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 68% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 7% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹71.68 Lakh | ||||
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| Net Profit (PAT) | ₹10.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 27.5% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Space Age Power Private Limited, buy the company report.
Board of directors of Space Age Power Private Limited
Space Age Power has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nissar Ahmad Khan | Managing Director | 26 Jun 2006 | 20 Years 4 Months | Current |
| Nighat Nissar | Director | 26 Jun 2006 | 20 Years 4 Months | Current |
Auditor
Space Age Power Private Limited is audited by ANIL NIRMAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL NIRMAL & ASSOCIATES | FY 2016 |
Shareholding
The shareholding of Space Age Power Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Space Age Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2020 | 100395844 | The Jammu and Kashmir Bank Limited | ₹1.31 Cr | Open | |
| 20 Dec 2012 | 10511385 | The Jammu and Kashmir Bank Limited | ₹6.68 Cr | Open |
To see the full charge records of Space Age Power Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Space Age Power Private Limited has 6 court cases on record: 2 filed by Space Age Power, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Bajaj Electricals Limited | Disposed |
| District court, East, Delhi | Court case (Civ Suit) | Filed against the company by Ms Tirupati Structurals Ltd | Disposed |
| High Court, JAMMU & KASHMIR | Writ petition | Filed by the company against Union Territory of J and K and Anr. (Cable Car Corporation Limited) and 1 other | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by an individual | Disposed |
| High Court | Court case (OWP) | Filed by the company against Srinagar Municipal Corporation and Ors | Disposed |
To see the full case history of Space Age Power 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 Space Age Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Space Age Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AALCS2676J1Z6 | Jammu and Kashmir | Active | 20 Jul 2020 |
To see the full GST registrations and return filing status of Space Age Power Private Limited, buy the company report.
Recent activity
Space Age Power Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Nighat Nissar was appointed as Director on 26 Jun 2006.
Frequently asked questions
Space Age Power is an active private limited company based in Srinagar, Jammu And Kashmir, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 26 June 2006 (20+ years old) and is registered under CIN U45204JK2006PTC002668.
Space Age Power has 2 current directors:
- Nissar Ahmad Khan - Managing Director
- Nighat Nissar - Director
The latest financial statements of Space Age Power on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Space Age Power is 01AALCS2676J1Z6, registered in Jammu and Kashmir. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Space Age Power is U45204JK2006PTC002668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Age Power has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the district courts.
Space Age Power was incorporated on 26 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Jammu.
Nighat Nissar was appointed as Director on 26 Jun 2006. Nissar Ahmad Khan was appointed as Managing Director on 26 Jun 2006.
The registered office of Space Age Power is at Auqaf Building Zero Bridge, Srinagar, Jammu and Kashmir, India – 190001.
Space Age Power operates in the energy and power industry, in the bop and btg services segment.