Startup India Government of India
Spacenex Aero Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.02 Cr
▲ 21% YoY
Net profit · FY 2023
₹1.82 Cr
Net margin 9.6%
EBITDA · FY 2023
₹3.82 Cr
EBITDA margin 20.1%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹6.3 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
14
Provident fund records
About Spacenex Aero Private Limited
Data last updated:
Spacenex Aero Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 07 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29100KA2017PTC107712. Its GSTIN is 29AAZCS4373E1ZN (Karnataka).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Guruprasad Kempaiah and Rudraiah Pramodini.
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 Plot No 13 Hi – Tech Aerospace And Defence Park KIADB Industrial Area Bhatramarenahalli, Bangalore, Karnataka, India – 562110.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.02 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.82 Cr (net margin 9.6%) and EBITDA of ₹3.82 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spacenex. As per MCA filings, the company has open charges of ₹6.3 Cr on record. Court records list 5 cases involving the company, including 5 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2021.
Spacenex Aero Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0026422). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spacenex.com.
Company details
CIN U29100KA2017PTC107712
Registration Number 107712
Incorporation Date 07 November 2017
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
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-02-0026422
Key People
Guruprasad Kempaiah Director Rudraiah Pramodini Director Gangannagari Sreenivasulu Director Recognitions & Rankings of Spacenex Aero
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0026422
Contact details
Spacenex Aero Private Limited's registered office is in Bangalore, Karnataka. Its website is spacenex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 13 Hi – Tech Aerospace And Defence Park KIADB Industrial Area Bhatramarenahalli, Bangalore, Karnataka, India – 562110
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Spacenex Aero Private Limited, buy the company report.
Comprehensive company report
Spacenex Aero 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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Brands
Spacenex Aero operates one associated brand: Spacenex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision machining and special processes services in aerospace, defence, and engineering sectors. | spacenex.com |
Business activity
The main business activity of Spacenex Aero is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Spacenex Aero Private Limited, buy the company report.
Financials of Spacenex Aero Private Limited
FY 2024 filings availableSpacenex Aero Private Limited reported revenue of ₹19.02 Cr (up 21% YoY) for FY 2023.
Revenue · FY 2023
₹19.02 Cr ▲ 21%
Net profit · FY 2023
₹1.82 Cr margin 9.6%
EBITDA · FY 2023
₹3.82 Cr margin 20.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 132%
3 years · compounded
▲ 117%
5 years · compounded
▲ 234%
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 21% growth in the latest year. EBITDA rose 132% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.1% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Spacenex Aero Private Limited, buy the company report.
Board of directors of Spacenex Aero Private Limited
Spacenex Aero 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 |
|---|---|---|---|---|
| Guruprasad Kempaiah Also directs: Spacenex Additive Private Limited | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Rudraiah Pramodini | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Gangannagari Sreenivasulu Also directs: Spacenex Additive Private Limited | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Spacenex Aero Private Limited is audited by Umesh and Ravichander for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Umesh and Ravichander | FY 2023 | 014729S |
Shareholding
The shareholding of Spacenex Aero Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spacenex Aero Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2025 | 101173865 | Others | ₹37.09 Lakh | Open | |
| 21 Dec 2022 | 100653890 | Sidbi | ₹3 Cr | Open | |
| 28 Mar 2022 | 100577817 | Others | ₹1.15 Cr | Open | |
| 18 Feb 2022 | 100546692 | Others | ₹73.24 Lakh | Open | |
| 31 Dec 2021 | 100529514 | Others | ₹51.07 Lakh | Open |
Total charge records: 8 View all charges
Deals & funding
Spacenex Aero Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2021.
Total deals
3
Secondary share transfers
2
Rights issue
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹85 Lakh | Investors: 3 individuals |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spacenex Aero Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (1 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by Indo Mim Private Limited | Disposed |
To see the full case history of Spacenex Aero 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 Spacenex Aero Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spacenex Aero Private Limited has a workforce of 14 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-80.82%
GST
Spacenex Aero has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAZCS4373E1ZN | Karnataka | Active | 21 Nov 2017 |
To see the full GST registrations and return filing status of Spacenex Aero Private Limited, buy the company report.
Recent activity
Spacenex Aero Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Ashok ceased to be Director on 31 Dec 2020.
Charges
A charge with Others amounted to Rs. 0.37 Cr with Charge ID 101173865 was registered on 07 Aug 2025.
AGM
Spacenex Aero Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Spacenex Aero Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100653890 was registered on 21 Dec 2022.
Charges
A charge with Others amounted to Rs. 1.15 Cr with Charge ID 100577817 was registered on 28 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.73 Cr with Charge ID 100546692 was registered on 18 Feb 2022.
Charges
A charge with Others amounted to Rs. 0.51 Cr with Charge ID 100529514 was registered on 31 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100524517 was registered on 30 Oct 2021.
Ceased
Ashok ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 100330372 was registered on 20 Jan 2020.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100326778 was registered on 05 Nov 2019.
Ceased
Shanmugam Madhiyan ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Spacenex Aero is an active private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 07 November 2017 (9+ years old) and is registered under CIN U29100KA2017PTC107712.
Spacenex Aero has 3 current directors:
- Guruprasad Kempaiah - Director
- Rudraiah Pramodini - Director
- Gangannagari Sreenivasulu - Director
The latest financial statements of Spacenex Aero 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 FY 2018 are in the company report.
The GSTIN of Spacenex Aero is 29AAZCS4373E1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Spacenex Aero is U29100KA2017PTC107712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spacenex Aero has 5 court cases on record: 5 filed against it.
Spacenex Aero was incorporated on 07 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Spacenex Aero has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2021.
Ashok ceased to be Director on 31 Dec 2020. Shanmugam Madhiyan ceased to be Director on 06 Jan 2018. Gangannagari Sreenivasulu was appointed as Director on 07 Nov 2017. Spacenex Aero has 5 board changes on record in total.
Yes, Spacenex Aero is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).