MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0068594
Spacebiz Solutions Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.9 Cr
▼ 39% YoY
Net loss · FY 2025
₹3.29 Cr
Net margin -67.1%
EBITDA · FY 2025
-₹2.95 Cr
EBITDA margin -60.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹56 Lakh
Issued & subscribed
Open charges
₹5.42 Cr
Satisfied ₹8.44 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
7
Provident fund records
About Spacebiz Solutions Private Limited
Data last updated:
Spacebiz Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 19 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2008PTC048342. Its GSTIN is 29AAMCS5390L1ZI (Karnataka). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹56 Lakh. It was formerly known as Spacebiz Solutions Limited. It is led by directors Karan Goel (Whole-Time Director) and Manav Goel.
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 No11 Diamondhouse Primroseroad Mgroad, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.9 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹3.29 Cr (net margin -67.1%) and EBITDA of -₹2.95 Cr (EBITDA margin -60.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 20% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.42 Cr and satisfied charges of ₹8.44 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Spacebiz Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0068594). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spacebiz.co.in.
Company details
CIN U51909KA2008PTC048342
Registration Number 048342
Incorporation Date 19 November 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0068594
Recognitions & Rankings of Spacebiz Solutions
Contact details
Spacebiz Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is spacebiz.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo11 Diamondhouse Primroseroad Mgroad, Bangalore, Karnataka, India – 560025
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Spacebiz Solutions Private Limited, buy the company report.
Comprehensive company report
Spacebiz Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Spacebiz Solutions is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Spacebiz Solutions Private Limited, buy the company report.
Financials of Spacebiz Solutions Private Limited
FY 2024 filings availableSpacebiz Solutions Private Limited reported revenue of ₹4.9 Cr (down 39% YoY) for FY 2025.
Revenue · FY 2025
₹4.9 Cr ▼ 39%
Net loss · FY 2025
₹3.29 Cr margin -67.1%
EBITDA · FY 2025
-₹2.95 Cr margin -60.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 13%
5 years · compounded
▼ 20%
EBITDA CAGR growth
3 years · compounded
▼ 92%
5 years · compounded
▼ 39%
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 39% fall 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 |
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| EBITDA | -₹2.95 Cr | ||||
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| Net Profit (PAT) | -₹3.29 Cr | ||||
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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 | -60.1% | ||||
| Net Profit Margin | -67.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Spacebiz Solutions Private Limited, buy the company report.
Board of directors of Spacebiz Solutions Private Limited
Spacebiz Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Goel Also directs: Sajjan Investments Private Limited, Woodkraft (India) Private Limited, Ultragrid Engineering Services Private Limited and 5 more | Whole-Time Director | 19 Nov 2008 | 17 Years 11 Months | Current |
| Manav Goel Also directs: Sajjan Investments Private Limited, Woodkraft (India) Private Limited, Ultragrid Engineering Services Private Limited and 5 more | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Spacebiz Solutions Private Limited is audited by DAYANANDA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAYANANDA & CO | FY 2020 | 016528S |
Shareholding
The shareholding of Spacebiz Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Spacebiz Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.42 Cr
Satisfied charges
₹8.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2022 | 100545708 | Others | ₹25 Lakh | Open | |
| 26 Jul 2021 | 100463446 | Others | ₹18 Lakh | Open | |
| 29 Jun 2019 | 100273377 | Karnataka Bank Ltd. | ₹4.99 Cr | Open | |
| 05 Sep 2011 | 10313320 | Bank of Baroda | ₹8.44 Cr | Satisfied |
To see the full charge records of Spacebiz Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Spacebiz Solutions Private Limited has 4 court cases on record: 2 filed by Spacebiz Solutions, 2 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by an individual | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by an individual | Disposed |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against an individual | Disposed |
To see the full case history of Spacebiz Solutions 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 Spacebiz Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spacebiz Solutions Private Limited has a workforce of 7 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
16.67%
GST
Spacebiz Solutions has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
6
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCS5390L1ZI | Karnataka | Active | 01 Jul 2017 |
| 06AAMCS5390L1ZQ | Haryana | Active | 01 Jul 2017 |
| 07AAMCS5390L1ZO | Delhi | Active | 01 Jul 2017 |
| 27AAMCS5390L1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spacebiz Solutions Private Limited, buy the company report.
Recent activity
Spacebiz Solutions Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Manav Goel was appointed as Director on 12 Oct 2020.
AGM
Spacebiz Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Karnataka Bank Ltd. of Rs. 4.99 Cr registered on 29 Jun 2019 with Charge ID 100273377 was modified on 12 Jun 2024.
Filing
Spacebiz Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100545708 was registered on 05 Feb 2022.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100463446 was registered on 26 Jul 2021.
Appointed
Manav Goel was appointed as Director.
Ceased
Shri Sharma Narain ceased to be Director.
Charges
A charge registered on 05 Sep 2011 via Charge ID 10313320 with Bank Of Baroda was fully satisfied on 09 Jul 2019.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 4.99 Cr with Charge ID 100273377 was registered on 29 Jun 2019.
Ceased
Sushil Sharma Kumar ceased to be Director.
Ceased
Manav Goel ceased to be Whole-Time Director.
Ceased
Paridhi Goel ceased to be Whole-Time Director.
6 earlier events are in the company report.
Frequently asked questions
Spacebiz Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 19 November 2008 (18+ years old) and is registered under CIN U51909KA2008PTC048342.
Spacebiz Solutions has 2 current directors:
- Karan Goel - Whole-Time Director
- Manav Goel - Director
The latest financial statements of Spacebiz Solutions 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 GSTIN of Spacebiz Solutions is 29AAMCS5390L1ZI, registered in Karnataka. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAMCS5390L1ZQ (Haryana), 07AAMCS5390L1ZO (Delhi), 27AAMCS5390L1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Spacebiz Solutions is U51909KA2008PTC048342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spacebiz Solutions has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Spacebiz Solutions was incorporated on 19 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Manav Goel was appointed as Director on 12 Oct 2020. Shri Sharma Narain ceased to be Director on 12 Oct 2020. Sushil Sharma Kumar ceased to be Director on 25 Apr 2019. Spacebiz Solutions has 9 board changes on record in total.
Yes, Spacebiz Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0068594).
Spacebiz Solutions can be reached through the website spacebiz.co.in. Its registered office is in Bangalore, Karnataka, India.