
About Space Stem Private Limited
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Space Stem Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2012PTC072262. Its GSTIN is 24AASCS1084K2ZW (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Samir Bhikhubhai Varteji and Zain Abbas Mohammed Rafique Bhojani.
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 Wing A 105 – 107 First Floor Mondeal Heights Next To Novotel Hotel S.G.Highway, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.75 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹32.39 Lakh (net margin 4.2%) and EBITDA of ₹51.68 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Space Stem.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spacestem.com.
Company details
Contact details
Space Stem Private Limited's registered office is in Ahmedabad, Gujarat. Its website is spacestem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWing A 105 – 107 First Floor Mondeal Heights Next To Novotel Hotel S.G.Highway, Ahmedabad, Gujarat, India – 380015
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Space Stem 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
Brands
Space Stem operates one associated brand: Space Stem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides application development and digital marketing services to enhance business strategies. | spacestem.com |
Business activity
The main business activity of Space Stem is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Space Stem Private Limited, buy the company report.
Financials of Space Stem Private Limited
FY 2025 filings availableSpace Stem Private Limited reported revenue of ₹7.75 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 27% growth in the latest year. EBITDA rose 40% 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 | ₹51.68 Lakh | ||||
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| Net Profit (PAT) | ₹32.39 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 | 6.7% | ||||
| Net Profit Margin | 4.2% | ||||
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To see the full financial statements and ratios of Space Stem Private Limited, buy the company report.
Board of directors of Space Stem Private Limited
Space Stem has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Bhikhubhai Varteji Also directs: Spacestem Infotech LLP | Director | 09 Oct 2012 | 14 Years 0 Months | Current |
| Zain Abbas Mohammed Rafique Bhojani | Director | 09 Oct 2012 | 14 Years 0 Months | Current |
| Mohammedraza Sangji Also directs: Spacestem Infotech LLP | Director | 09 Oct 2012 | 14 Years 0 Months | Current |
| Anisa Mohammed Rafique Bhojani | Director | 09 Oct 2012 | 14 Years 0 Months | Current |
| Mohammed Rafique Ghulam Hussain Bhojani | Director | 09 Oct 2012 | 14 Years 0 Months | Current |
| Shabbir Hussein Mohammed Rafique Bhojani | Director | 09 Oct 2012 | 14 Years 0 Months | Current |
Peer comparison
Space Stem Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Modelon Engineering Private Limited | ₹7.77 Cr (FY 2024) | 116.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Moresco Software Services Private Limited | ₹7.77 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Algofusion Technologies India Private Limited | ₹7.77 Cr (FY 2025) | 93.0% | Bangalore, Karnataka, India | |||
| Vishvam Technologies Private Limited | ₹7.76 Cr (FY 2025) | -23.0% | Ahmedabad, Gujarat, India | |||
| Safe Software and Integrated Solutions Private Limited | ₹7.76 Cr (FY 2025) | 5.0% | Palakkad, Kerala, India | |||
| Space Stem Private Limitedthis company | ₹7.75 Cr (FY 2024) | ₹32.39 Lakh | 4.2% | 27.0% | 20 | Ahmedabad, Gujarat, India |
| Tcognition Consultancy Private Limited | ₹7.74 Cr (FY 2025) | -32.0% | Kolhapur, Maharashtra, India | |||
| Safal Infosoft Limited | ₹7.74 Cr (FY 2025) | 132.0% | Ahmedabad, Gujarat, India | |||
| Erbrains IT Solutions Private Limited | ₹7.74 Cr (FY 2024) | 13.0% | Bangalore, Karnataka, India | |||
| Pariplay India Private Limited | ₹7.72 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Trinity Technologies and Software Solutions Private Limited | ₹7.71 Cr (FY 2025) | 0.0% | Hubli, Karnataka, India |
To see the full peer comparison of Space Stem Private Limited, buy the company report.
Auditor
Space Stem Private Limited is audited by DHVANISH SHAH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHVANISH SHAH & ASSOCIATES | FY 2021 | 139838W |
Shareholding
The shareholding of Space Stem Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Space Stem Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Space Stem 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 Stem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Space Stem Private Limited has a workforce of 20 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Space Stem has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS1084K2ZW | Gujarat | Active | 25 Aug 2017 |
To see the full GST registrations and return filing status of Space Stem Private Limited, buy the company report.
Recent activity
Space Stem Private Limited has 7 board changes on record since 2012: 6 appointments and 1 cessation. The latest: Nisharhusen Haiderali Lakhani ceased to be Director on 30 Jun 2013.
Frequently asked questions
Space Stem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 October 2012 (14+ years old) and is registered under CIN U72200GJ2012PTC072262.
Space Stem has 6 current directors:
- Samir Bhikhubhai Varteji - Director
- Zain Abbas Mohammed Rafique Bhojani - Director
- Mohammedraza Sangji - Director
- Anisa Mohammed Rafique Bhojani - Director
- Mohammed Rafique Ghulam Hussain Bhojani - Director
- Shabbir Hussein Mohammed Rafique Bhojani - Director
The latest financial statements of Space Stem 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 Stem is 24AASCS1084K2ZW, registered in Gujarat. 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 Stem is U72200GJ2012PTC072262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Stem was incorporated on 09 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Space Stem by revenue are Modelon Engineering Private Limited, Moresco Software Services Private Limited, Algofusion Technologies India Private Limited, Vishvam Technologies Private Limited, Safe Software and Integrated Solutions Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Nisharhusen Haiderali Lakhani ceased to be Director on 30 Jun 2013. Anisa Mohammed Rafique Bhojani was appointed as Director on 09 Oct 2012. Mohammed Rafique Ghulam Hussain Bhojani was appointed as Director on 09 Oct 2012. Space Stem has 7 board changes on record in total.
Space Stem can be reached through the website spacestem.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Space Stem is at Wing A 105 – 107 First Floor Mondeal Heights Next To Novotel Hotel S.G.Highway, Ahmedabad, Gujarat, India – 380015.
Space Stem operates in the information technology industry, in the application development and software solutions segment.

