Spacesaver Modular Furniture Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Pune, Maharashtra, India, established in 1994.
1994 Pune, Maharashtra, India Active
Last Updated:
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About Spacesaver Modular Furniture Private Limited

Spacesaver Modular Furniture Private Limited, a active private limited company, was established on 28 April 1994 in Pune, Maharashtra, India. Engaging in furniture manufacturing within the manufacturing sector, it holds CIN: U51909PN1994PTC078042. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹3.15 M and a paid-up capital of ₹3.14 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Sonal Vasant Divekar (Director), Ajit Jaywant Divekar (Director), Vasant Jaywant Divekar (Director). It holds ₹2.85 M open charges and ₹1.10 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 153A Varun Complexbhandarkar Road, Pune, Maharashtra, 411004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51909PN1994PTC078042

  • Registration Number

    078042

  • Incorporation Date

    28 April 1994

  • Authorized Capital

    ₹3.15 M

  • Paid-Up Capital

    ₹3.14 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.15 M
  • Paid Up Capital ₹ 3.14 M
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.85 M
  • Satisfied Charges ₹ 1.10 Cr
  • Revenue Growth **** 30.26%
  • Profit Growth **** 19.42%
  • Ebitda **** 27.01%
  • Net Worth -29.80%
  • Total Assets **** 7.65%
Company report

Spacesaver Modular Furniture Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Spacesaver Modular Furniture Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Spacesaver Modular Furniture Private Limited?
Current Directors
Name Designation Appointment Date Status
Sonal Vasant Divekar Director 19 Jun 2004 Current
Ajit Jaywant Divekar Director 19 Jun 2004 Current
Vasant Jaywant Divekar Director 19 Jun 2004 Current
Mangesh Deepak Divekar Director 19 Jun 2004 Current
Abhijit Ajit Divekar Director 19 Jun 2004 Current

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Financial Performance of Spacesaver Modular Furniture.

Spacesaver Modular Furniture Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 30.26% increase. The company also saw a substantial improvement in profitability, with a 19.42% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.8%.

Spacesaver Modular Furniture revenue growth over time
Spacesaver Modular Furniture profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 30.26%
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Revenue from Operations
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 30.28%
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Total Assets
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 7.65%
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*******
Profit or Loss
*******
 19.42%
*******
*******
*******
*******
Net Worth
*******
 -29.80%
*******
*******
*******
*******
EBITDA
*******
 27.01%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Spacesaver Modular Furniture?

In 2019, Spacesaver Modular Furniture had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,854,000.00

Satisfied Charges

₹10,973,000.00

Charges Breakdown by Lending Institutions
  • Mahesh Sahakari Bank Ltd. : 0.29 Cr
Latest Charge Details
Date Lender Amount Status
09 Aug 2002 Mahesh Sahakari Bank Ltd. ₹0.15 M Open
05 Jul 2002 Mahesh Sahakari Bank Ltd. ₹0.50 M Open
30 Apr 2002 Mahesh Sahakari Bank Ltd. ₹1.50 M Open
11 Apr 2002 Mahesh Sahakari Bank Ltd. ₹0.70 M Open
24 Jul 2020 Others ₹0.97 M Satisfied

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How Many Employees Work at Spacesaver Modular Furniture?

Spacesaver Modular Furniture has a workforce of 11 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spacesaver Modular Furniture, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Spacesaver Modular Furniture's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Spacesaver Modular Furniture
Recent Activity within the Organization
  • Annual General Meeting

    The activity Spacesaver Modular Furniture Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Spacesaver Modular Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was completed.

  • Charges

    A charge registered on 24 Jul 2020 via Charge ID 100358359 with Others was fully satisfied on 29 May 2023. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 20 Oct 2004 via Charge ID 90094102 with Bank Of Maharashtra was fully satisfied on 29 May 2023. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.97 M with Charge ID 100358359 was registered on 24 Jul 2020. was completed.

  • Charges

    A charge with Bank Of Maharashtra of Rs. 10.00 M registered on 20 Oct 2004 with Charge ID 90094102 was modified on 03 Apr 2012. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Spacesaver Modular Furniture Private Limited?

The CIN of Spacesaver Modular Furniture Private Limited is U51909PN1994PTC078042.

Where is Spacesaver Modular Furniture Private Limited headquartered?

Spacesaver Modular Furniture Private Limited is headquartered at 153A Varun Complexbhandarkar Road, Pune, Maharashtra, 411004.

When was Spacesaver Modular Furniture Private Limited incorporated?

Spacesaver Modular Furniture Private Limited was incorporated on 28 April 1994.

Who are the current directors of Spacesaver Modular Furniture Private Limited?

The current directors of Spacesaver Modular Furniture Private Limited are

What is the primary industry of Spacesaver Modular Furniture Private Limited?

The primary industry of Spacesaver Modular Furniture Private Limited is Manufacturing.

Is Spacesaver Modular Furniture Private Limited a listed company?

Spacesaver Modular Furniture Private Limited is unlisted.

What is the capital structure of Spacesaver Modular Furniture Private Limited?

The authorized capital of Spacesaver Modular Furniture Private Limited is ₹3.15 M, and the paid-up capital is ₹3.14 M.

What is the compliance status of Spacesaver Modular Furniture Private Limited?

The compliance status of Spacesaver Modular Furniture Private Limited is Compliant.

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