Space Square Developers Private Limited
About Space Square Developers Private Limited
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Space Square Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH2013PTC250116.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Subodh Vinayak Pagnis and Raveesh Rao.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 13 3rd Floor Bombay Mutual Terrace S.V.P. Road Opp. Standard Chartered Bank, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.4 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net profit of ₹61,502 (net margin 43.9%) and EBITDA of ₹1.84 Cr.
As per MCA filings, the company has open charges of ₹340 Cr and satisfied charges of ₹353 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Space Square Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address13 3rd Floor Bombay Mutual Terrace S.V.P. Road Opp. Standard Chartered Bank, Mumbai, Maharashtra, India – 400007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Space Square Developers 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
Financials of Space Square Developers Private Limited
FY 2025 filings availableSpace Square Developers Private Limited reported revenue of ₹1.4 Lakh (down 93% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 93% in the latest year. EBITDA fell 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.4 Lakh | ||||
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| EBITDA | ₹1.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61,502 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 43.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Space Square Developers Private Limited, buy the company report.
Board of directors of Space Square Developers Private Limited
Space Square Developers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subodh Vinayak Pagnis | Director | 13 May 2015 | 11 Years 6 Months | Current |
| Raveesh Rao Also directs: SD Powai Redevelopment Private Limited, Awesome Properties Private Limited, S. D. Town Development Private Limited and 3 more | Director | 22 Nov 2024 | 1 Years 11 Months | Current |
| Dinesh Lalbhai Patel Also directs: SDC Mines Private Limited, SD Powai Redevelopment Private Limited, Awesome Properties Private Limited and 5 more | Director | 14 Nov 2013 | 13 Years 0 Months | Current |
| Gagan Harish Sharma Also directs: Avaanya Enterprises LLP, SDC Mines Private Limited, Always Remember Properties Private Limited and 5 more | Director | 13 Jun 2022 | 4 Years 5 Months | Current |
Auditor
Space Square Developers Private Limited is audited by HARSHAD DOSHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARSHAD DOSHI & CO | FY 2021 | 133620W |
Shareholding
The shareholding of Space Square Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Space Square Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2022 | 100538345 | Others | ₹340 Cr | Open | |
| 02 Feb 2022 | 100542432 | Others | ₹160 Cr | Satisfied | |
| 31 Dec 2020 | 100407851 | Others | ₹43 Cr | Satisfied | |
| 17 Jan 2020 | 100319625 | Others | ₹50 Cr | Satisfied | |
| 05 Feb 2019 | 100237315 | Others | ₹100 Cr | Satisfied |
To see the full charge records of Space Square Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Space Square Developers 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
No delayed payments to MSME suppliers are on our record for Space Square Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Space Square Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Space Square Developers Private Limited has 9 board changes on record since 2013: 4 appointments and 5 cessations. The latest: Raveesh Rao ceased to be Additional Director on 18 Sep 2025.
9 earlier events are in the company report.
Frequently asked questions
Space Square Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 November 2013 (13+ years old) and is registered under CIN U70101MH2013PTC250116.
Space Square Developers has 4 current directors:
- Subodh Vinayak Pagnis - Director
- Raveesh Rao - Director
- Dinesh Lalbhai Patel - Director
- Gagan Harish Sharma - Director
The latest financial statements of Space Square Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Space Square Developers is U70101MH2013PTC250116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Square Developers was incorporated on 14 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Raveesh Rao ceased to be Additional Director on 18 Sep 2025. Raveesh Rao was appointed as Director on 22 Nov 2024. Gagan Harish Sharma ceased to be Additional Director on 29 Sep 2022. Space Square Developers has 9 board changes on record in total.
The registered office of Space Square Developers is at 13 3rd Floor Bombay Mutual Terrace S.V.P. Road Opp. Standard Chartered Bank, Mumbai, Maharashtra, India – 400007.
Space Square Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Space Square Developers has open charges of ₹340 Cr and satisfied charges of ₹353 Cr as per latest MCA filings.
The compliance status of Space Square Developers is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
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