MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0005243
Space Fashions Limited - fashion and textile in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹37.43 Cr
▲ 26% YoY
Net profit · FY 2025
₹11.06 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹2.5 Cr
EBITDA margin 6.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹43.64 Lakh
Issued & subscribed
Open charges
₹25.99 Cr
Satisfied ₹14.2 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
127
Provident fund records
About Space Fashions Limited
Data last updated:
Space Fashions Limited is a public limited company based in Punjab, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 26 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52322PB1997PLC019653. Its GSTIN is 03AACCS4625E1ZT (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹43.64 Lakh. It was formerly known as Space Fashions Private Limited. It is led by directors including Kishore Kumar Ladia and Timsy Raghuvanshi.
Its last annual general meeting (AGM) was held on 22 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E 440 Phase Vifocal Point Ludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.43 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹11.06 Lakh (net margin 0.3%) and EBITDA of ₹2.5 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company has about 127 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Space Fashions. As per MCA filings, the company has open charges of ₹25.99 Cr and satisfied charges of ₹14.2 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
Space Fashions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0005243). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spacefashions.in.
Company details
CIN U52322PB1997PLC019653
Registration Number 019653
Incorporation Date 26 March 1997
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0005243
CIN history
Space Fashions has one previous CIN (Corporate Identification Number): U52322PB1997PTC019653. The current CIN is U52322PB1997PLC019653, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52322PB1997PLC019653 | Current |
| U52322PB1997PTC019653 | Previous |
Recognitions & Rankings of Space Fashions
Contact details
Space Fashions Limited's registered office is in Punjab. Its website is spacefashions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE 440 Phase Vifocal Point Ludhiana, Punjab, India
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Space Fashions Limited, buy the company report.
Comprehensive company report
Space Fashions 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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Brands
Space Fashions operates one associated brand: Space Fashions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying T-shirts and garments in India. | spacefashions.in |
Business activity
The main business activity of Space Fashions is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Space Fashions Limited, buy the company report.
Financials of Space Fashions Limited
FY 2025 filings availableSpace Fashions Limited reported revenue of ₹37.43 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹37.43 Cr ▲ 26%
Net profit · FY 2025
₹11.06 Lakh margin 0.3%
EBITDA · FY 2025
₹2.5 Cr margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 2%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 10%
5 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 26% growth in the latest year. EBITDA rose 2% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.06 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Space Fashions Limited, buy the company report.
Board of directors of Space Fashions Limited
Space Fashions has 4 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 |
|---|---|---|---|---|
| Kishore Kumar Ladia | Director | 26 Mar 1997 | 29 Years 7 Months | Current |
| Timsy Raghuvanshi | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
| Renu Ladia | Director | 02 Jan 2015 | 11 Years 10 Months | Current |
| Umang Ladia | Director | 09 Jun 2014 | 12 Years 4 Months | Current |
Peer comparison
Space Fashions Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| In-Time Garments Pvt. Ltd. | ₹40.83 Cr (FY 2025) | 32.0% | Ballabgarh, Haryana, India | |||
| Mischief Clothing Private Limited | ₹40.52 Cr (FY 2024) | -6.0% | Bangalore, Karnataka, India | |||
| Dhir International Pvt Ltd | ₹39.98 Cr (FY 2015) | 52.0% | Delhi, India | |||
| Swasti Vinayaka Synthetics Limited | ₹38.56 Cr (FY 2025) | 25.0% | Thane, Maharashtra, India | |||
| Space Fashions Limitedthis company | ₹37.43 Cr (FY 2025) | ₹11.06 Lakh | 0.3% | 26.0% | 127 | Punjab, India |
| Sanghmitra Projects Private Limited | ₹36.98 Cr (FY 2024) | -12.0% | Kolkata, West Bengal, India | |||
| BS Textile Industries Private Limited | ₹36.74 Cr (FY 2024) | 3.0% | Ichalkaranji, Maharashtra, India | |||
| Dillo Fashion Private Limited | ₹36.26 Cr (FY 2025) | 3.0% | Dindigul, Tamil Nadu, India | |||
| Boutique Fashions Private Limited | ₹35.66 Cr (FY 2025) | 12.0% | Bengaluru, Karnataka, India | |||
| Nutech Global Limited | ₹35.13 Cr (FY 2025) | -4.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Space Fashions Limited, buy the company report.
Auditor
Space Fashions Limited is audited by KAPOOR RAJESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPOOR RAJESH & ASSOCIATES | FY 2023 | 015350N |
Shareholding
The shareholding of Space Fashions 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 Space Fashions Limited, buy the company report.
Charges & borrowings
Open charges
₹25.99 Cr
Satisfied charges
₹14.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2022 | 100614659 | Yes Bank Limited | ₹6 Cr | Open | |
| 28 Sep 2021 | 100510508 | Hdfc Bank Limited | ₹6.5 Lakh | Open | |
| 17 Feb 2017 | 100104830 | Hdfc Bank Limited | ₹19.93 Cr | Open | |
| 13 Jan 2011 | 10264468 | Indian Overseas Bank | ₹12.72 Cr | Satisfied | |
| 18 Oct 2001 | 90344845 | State Bank of India | ₹1.48 Cr | Satisfied |
To see the full charge records of Space Fashions Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Space Fashions Limited has 5 court cases on record: 4 filed by Space Fashions, 1 filed against it. All cases are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against M/S R.S Knitwear and Fabrics | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S R.S. Knitwear and Fabrics | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Registrar of Companies | Disposed |
| District court, Chandigarh | Court case (CRR) | Filed by the company against Registrar of Companies | Disposed |
To see the full case history of Space Fashions 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
Space Fashions Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 42 overdue payments to 35 micro and small suppliers. 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 (5 of 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shyam Texchem P.Ltd | |||
| Pi Cottex | |||
| an individual supplier | |||
| GDR Fabrics Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Space Fashions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Space Fashions Limited has a workforce of 127 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
127
Active EPFO establishments
1
Employee growth
-27.43%
GST
Space Fashions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS4625E1ZT | Punjab | Active | 01 Jul 2017 |
| 06AACCS4625E1ZN | Haryana | Active | 20 May 2023 |
To see the full GST registrations and return filing status of Space Fashions Limited, buy the company report.
Recent activity
Space Fashions Limited has 7 board changes on record since 1997: 4 appointments and 3 cessations. The latest: Anil Kumar ceased to be Director on 07 Jul 2022.
AGM
Space Fashions Limited last Annual general meeting of members was held on 22 Jul 2025 as per latest MCA records.
Filing
Space Fashions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Yes Bank Limited of Rs. 600.00 Lakh registered on 23 Sep 2022 with Charge ID 100614659 was modified on 02 Feb 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 600.00 Lakh with Charge ID 100614659 was registered on 23 Sep 2022.
Ceased
Anil Kumar ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 1,992.94 Lakh registered on 17 Feb 2017 with Charge ID 100104830 was modified on 21 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.50 Lakh with Charge ID 100510508 was registered on 28 Sep 2021.
Appointed
Timsy Raghuvanshi was appointed as Director.
Charges
A charge registered on 13 Jan 2011 via Charge ID 10264468 with Indian Overseas Bank was fully satisfied on 01 May 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,992.94 Lakh with Charge ID 100104830 was registered on 17 Feb 2017.
Ceased
Renu Ladia ceased to be Additional Director.
Charges
A charge with Indian Overseas Bank of Rs. 1,272.38 Lakh registered on 13 Jan 2011 with Charge ID 10264468 was modified on 20 Jan 2015.
9 earlier events are in the company report.
Frequently asked questions
Space Fashions is an active public limited company based in Punjab, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 26 March 1997 (29+ years old) and is registered under CIN U52322PB1997PLC019653.
Space Fashions has 4 current directors:
- Kishore Kumar Ladia - Director
- Timsy Raghuvanshi - Director
- Renu Ladia - Director
- Umang Ladia - Director
The latest financial statements of Space Fashions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Space Fashions is 03AACCS4625E1ZT, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCS4625E1ZN (Haryana).
The CIN (Corporate Identification Number) of Space Fashions is U52322PB1997PLC019653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Fashions has 5 court cases on record: 4 filed by the company and 1 filed against it.
Space Fashions was incorporated on 26 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Space Fashions by revenue are In-Time Garments Pvt. Ltd, Mischief Clothing Private Limited, Dhir International Pvt Ltd, Swasti Vinayaka Synthetics Limited, Sanghmitra Projects Private Limited and 4 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Anil Kumar ceased to be Director on 07 Jul 2022. Timsy Raghuvanshi was appointed as Director on 14 Oct 2020. Renu Ladia ceased to be Additional Director on 29 Sep 2015. Space Fashions has 7 board changes on record in total.
Yes, Space Fashions is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0005243).
Space Fashions has 2 MSME Form 1 returns on record between 2019 and 2020, listing 42 overdue payments to 35 micro and small suppliers. The latest return was filed on 30 Jun 2020.
Space Fashions can be reached through the website spacefashions.in. Its registered office is in Punjab, India.
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