MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-02-0009596
Space Management Systems India Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹156.52 Cr
▲ 13% YoY
Net profit · FY 2025
₹4.18 Cr
Net margin 2.7%
EBITDA · FY 2025
₹11.96 Cr
EBITDA margin 7.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹36.12 Cr
Satisfied ₹23.56 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
359
Provident fund records
About Space Management Systems India Private Limited
Data last updated:
Space Management Systems India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 14 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36101KA2011PTC057584. Its GSTIN is 29AAPCS5830E1Z1 (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Praveen Kumar Sundar Jathanna (Managing Director) and Veena Ganesha Bhatta.
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 Sy No. 14/2 Bilwardahalli Jigani Hobli Anekal Taluk, Bangalore, Karnataka, India – 560083.
As per the financials filed for FY 2025, the company reported a revenue of ₹156.52 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.18 Cr (net margin 2.7%) and EBITDA of ₹11.96 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 17% over five years.
The company has about 359 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.12 Cr and satisfied charges of ₹23.56 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in March 2022. Its 5 peer companies in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 3 larger and 2 smaller; the largest is Parin Enterprises Limited with revenue of ₹167.95 Cr.
Space Management Systems India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0009596). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spacems.com.
Company details
CIN U36101KA2011PTC057584
Registration Number 057584
Incorporation Date 14 March 2011
ROC Bangalore
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 Medium
Udyam Registration UDYAM-KR-02-0009596
Key People
Praveen Kumar Sundar Jathanna Managing Director Veena Ganesha Bhatta Director Praveen Kumar Vivek Director Recognitions & Rankings of Space Management Systems India
Contact details
Space Management Systems India Private Limited's registered office is in Bangalore, Karnataka. Its website is spacems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy No. 14/2 Bilwardahalli Jigani Hobli Anekal Taluk, Bangalore, Karnataka, India – 560083
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Space Management Systems India Private Limited, buy the company report.
Comprehensive company report
Space Management Systems 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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Business activity
The main business activity of Space Management Systems India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Space Management Systems India Private Limited, buy the company report.
Financials of Space Management Systems India Private Limited
FY 2025 filings availableSpace Management Systems India Private Limited reported revenue of ₹156.52 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹156.52 Cr ▲ 13%
Net profit · FY 2025
₹4.18 Cr margin 2.7%
EBITDA · FY 2025
₹11.96 Cr margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 37%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 34%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 13% growth in the latest year. EBITDA rose 8% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.18 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 7.6% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Management Systems India Private Limited, buy the company report.
Board of directors of Space Management Systems India Private Limited
Space Management Systems 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 |
|---|---|---|---|---|
| Veena Ganesha Bhatta | Director | 18 Nov 2011 | 14 Years 11 Months | Current |
| Praveen Kumar Sundar Jathanna Also directs: Holkoi Systems Private Limited | Managing Director | 20 Aug 2012 | 14 Years 2 Months | Current |
| Praveen Kumar Vivek Also directs: Spacedge Polymers Private Limited | Director | 27 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Space Management Systems India Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parin Enterprises Limited | ₹167.95 Cr (FY 2025) | 105.0% | Gondal, Gujarat, India | |||
| Naman Industries Proxima Limited | ₹157.13 Cr (FY 2025) | 8.0% | Vasai, Maharashtra, India | |||
| Shark Shopfits Private Limited | ₹157.08 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Space Management Systems India Private Limitedthis company | ₹156.52 Cr (FY 2025) | ₹4.18 Cr | 2.7% | 13.0% | 359 | Bangalore, Karnataka, India |
| Amardeep Designs India Private Limited | ₹145.5 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Tamilnadu Small Industries Corporation Limited | ₹139.94 Cr (FY 2024) | -15.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Space Management Systems India Private Limited, buy the company report.
Shareholding
The shareholding of Space Management Systems India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Space Management Systems India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹36.12 Cr
Satisfied charges
₹23.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101161996 | Others | ₹48 Lakh | Open | |
| 25 Sep 2025 | 101162002 | Others | ₹48 Lakh | Open | |
| 25 Sep 2025 | 101162005 | Others | ₹47 Lakh | Open | |
| 25 Sep 2025 | 101162013 | Others | ₹35.5 Lakh | Open | |
| 29 Mar 2025 | 101087755 | Others | ₹3 Cr | Open |
To see the full charge records of Space Management Systems India Private Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Space Management Systems India Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in March 2022.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹19 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2011 | Funding round | ₹19 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Space Management Systems India Private Limited has 3 court cases on record: 2 filed by Space Management Systems India, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Focus Infra Solutions | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Focus Infra Solutions Rep by Arjun Srinivasan | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by Zentith Metaplast Pvt. Ltd., THR Romi Divakaran | Disposed |
To see the full case history of Space Management Systems 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
No delayed payments to MSME suppliers are on our record for Space Management Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Space Management Systems India Private Limited has a workforce of 359 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
359
Active EPFO establishments
1
Employee growth
9.45%
GST
Space Management Systems India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCS5830E1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Space Management Systems India Private Limited, buy the company report.
Recent activity
Space Management Systems India Private Limited has 7 board changes on record since 2011: 5 appointments and 2 cessations. The latest: Praveen Kumar Vivek was appointed as Director on 27 May 2023.
Charges
A charge registered on 04 Sep 2023 via Charge ID 100783256 with Others was fully satisfied on 30 Dec 2025.
Charges
A charge registered on 29 Aug 2023 via Charge ID 100785244 with Others was fully satisfied on 30 Dec 2025.
AGM
Space Management Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 101161996 was registered on 25 Sep 2025.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 101162002 was registered on 25 Sep 2025.
Charges
A charge with Others amounted to Rs. 0.47 Cr with Charge ID 101162005 was registered on 25 Sep 2025.
Charges
A charge with Others amounted to Rs. 0.36 Cr with Charge ID 101162013 was registered on 25 Sep 2025.
Charges
A charge registered on 21 Jun 2023 via Charge ID 100765469 with Others was fully satisfied on 13 Aug 2025.
Filing
Space Management Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101087755 was registered on 29 Mar 2025.
Charges
A charge registered on 04 Sep 2023 via Charge ID 100785013 with Others was fully satisfied on 12 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 101028650 was registered on 09 Dec 2024.
71 earlier events are in the company report.
Frequently asked questions
Space Management Systems India is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 14 March 2011 (15+ years old) and is registered under CIN U36101KA2011PTC057584.
Space Management Systems India has 3 current directors:
- Praveen Kumar Sundar Jathanna - Managing Director
- Veena Ganesha Bhatta - Director
- Praveen Kumar Vivek - Director
The latest financial statements of Space Management Systems 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 Space Management Systems India is 29AAPCS5830E1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Space Management Systems India is U36101KA2011PTC057584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Management Systems India has 3 court cases on record: 2 filed by the company and 1 filed against it.
Space Management Systems India was incorporated on 14 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Space Management Systems India has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹19 Lakh; the latest was in March 2022.
The peers of Space Management Systems India by revenue are Parin Enterprises Limited, Naman Industries Proxima Limited, Shark Shopfits Private Limited, Amardeep Designs India Private Limited, Tamilnadu Small Industries Corporation Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Praveen Kumar Vivek was appointed as Director on 27 May 2023. Murali Gundurao ceased to be Additional Director on 22 Aug 2012. Praveen Kumar Sundar Jathanna was appointed as Managing Director on 20 Aug 2012. Space Management Systems India has 7 board changes on record in total.
Yes, Space Management Systems India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-02-0009596).
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