Space Realcon India Private Limited
About Space Realcon India Private Limited
Data last updated:
Space Realcon India Private Limited is a private limited company based in Indore, Madhya Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 January 2010.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70101MP2010PTC022922. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors Atul Surana and Pushpendra Thakur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 2 Jaora Tower 22/2 Manoramaganj, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.77 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹9.6 Lakh (net margin 3.5%) and EBITDA of ₹13.79 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹14.11 Cr and satisfied charges of ₹14.75 Cr on record. Court records list 32 cases involving the company, including 2 filed by the company and 30 filed against it; 5 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.66 Cr; the latest was in March 2012. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 2 smaller; the largest is Radiant Real Properties India Private Limited with revenue of ₹2.77 Cr.
Company details
Contact details
Space Realcon India Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressG – 2 Jaora Tower 22/2 Manoramaganj, Indore, Madhya Pradesh, India – 452001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Space Realcon India 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 Realcon India 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 Space Realcon India Private Limited, buy the company report.
Financials of Space Realcon India Private Limited
FY 2024 filings availableSpace Realcon India Private Limited reported revenue of ₹2.77 Cr (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.79 Lakh | ||||
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| Net Profit (PAT) | ₹9.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Space Realcon India Private Limited, buy the company report.
Board of directors of Space Realcon India Private Limited
Space Realcon India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Surana Also directs: Ar Realty Priavte Limited, Satellite Infracreation Private Limited, Satellite Enclave Private Limited and 2 more | Director | 12 Jan 2010 | 16 Years 9 Months | As last reported |
| Pushpendra Thakur Also directs: Ar Realty Priavte Limited, Satellite Infracreation Private Limited, Satellite Enclave Private Limited and 5 more | Director | 01 Aug 2012 | 14 Years 2 Months | As last reported |
Peer comparison
Space Realcon India Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Radiant Real Properties India Private Limited | ₹2.77 Cr (FY 2025) | 36.0% | Coimbatore, Tamil Nadu, India | |||
| Flitwalls Private Limited | ₹2.77 Cr (FY 2025) | 52.0% | Jaipur, Rajasthan, India | |||
| Space Realcon India Private Limitedthis company | ₹2.77 Cr (FY 2024) | ₹9.6 Lakh | 3.5% | -54.0% | Indore, Madhya Pradesh, India | |
| Melonwood Homes Private Limited | ₹2.77 Cr (FY 2025) | 184.0% | Kochi, Kerala, India | |||
| Shri Radhey Shelters Private Limited | ₹2.77 Cr (FY 2024) | 52.0% | Uttar Pradesh, India |
To see the full peer comparison of Space Realcon India Private Limited, buy the company report.
Shareholding
The shareholding of Space Realcon India Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Space Realcon India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2014 | 10495384 | Others | ₹8.11 Cr | Open | |
| 04 Sep 2010 | 10241043 | Housing and Urban Development Corporation Limited | ₹6 Cr | Open | |
| 27 May 2015 | 10585816 | Shriram City Union Finance Limited | ₹1.75 Cr | Satisfied | |
| 06 Dec 2012 | 10392568 | Bank of Baroda | ₹2 Cr | Satisfied | |
| 31 Aug 2012 | 10377795 | Bank of Baroda | ₹1 Cr | Satisfied |
To see the full charge records of Space Realcon India Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Space Realcon India Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.66 Cr; the latest was in March 2012.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹95 Lakh | Investors: Prabhav Industries Limited |
| Mar 2012 | Funding round | ₹1 Cr | Investors: an individual |
| Feb 2012 | Funding round | ₹1.71 Cr | Investors: 4 individuals |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Space Realcon India Private Limited has 32 court cases on record: 2 filed by Space Realcon India, 30 filed against it. 5 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 27 | 5 |
| High courts | 3 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against India Resurgence Arc Pvt. Ltd. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S India Infoline Housing Finance Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Religare Finvest Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| District court, North, Delhi | Arbitration matter | Filed against the company by Toyota Financial Services India Ltd. | Disposed |
To see the full case history of Space Realcon 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 Realcon India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Space Realcon India has 3 subsidiary companies and 3 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ar Realty Priavte Limited | U45200MP2006PTC018914 | |
| Space Infra & Real Estate Private Limited | U70100MP2008PTC020726 | |
| Space Real Mart Private Limited | U70100MP2008PTC020843 |
To see the full group structure of Space Realcon India Private Limited, buy the company report.
GST
Space Realcon India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Space Realcon India Private Limited, buy the company report.
Recent activity
Space Realcon India Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Arun Dagaria ceased to be Director on 01 Jan 2019.
5 earlier events are in the company report.
Frequently asked questions
Space Realcon India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Space Realcon India is a company under insolvency, formerly operating as a private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 January 2010 and is registered under CIN U70101MP2010PTC022922. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Space Realcon India has 2 current directors:
- Atul Surana - Director
- Pushpendra Thakur - Director
The latest financial statements of Space Realcon India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Space Realcon India is U70101MP2010PTC022922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Realcon India has open charges of ₹14.11 Cr and satisfied charges of ₹14.75 Cr as per latest MCA filings.
Space Realcon India has 32 court cases on record: 2 filed by the company and 30 filed against it. 5 are pending. Most are in the district courts.
Space Realcon India was incorporated on 12 January 2010. It is registered with the Registrar of Companies, Gwalior.
Space Realcon India has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.66 Cr; the latest was in March 2012.
The peers of Space Realcon India by revenue are Radiant Real Properties India Private Limited, Flitwalls Private Limited, Melonwood Homes Private Limited, Shri Radhey Shelters Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Arun Dagaria ceased to be Director on 01 Jan 2019. Pushpendra Thakur was appointed as Director on 01 Aug 2012. Atul Surana was appointed as Director on 12 Jan 2010.