Spacewood Office Solutions Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Nagpur, Maharashtra, India, established in 2008.

2008 Nagpur, Maharashtra, India Active

Last Updated: March 09, 2026

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About Spacewood Office Solutions Private Limited

Spacewood Office Solutions Private Limited, a active private limited company, was established on 21 January 2008 in Nagpur, Maharashtra, India. Engaging in furniture manufacturing within the manufacturing sector, it holds CIN: U36100MH2008PTC178053. Registered under ROC Roc Nagpur. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.00 Cr.

Formerly known as I3 Space Systems (India) Private Limited. It upholds a compliant status. Employing 260 professional, Its leadership includes Nitin Sharadchandra Sudame (Managing Director), Vivek Moreshwar Deshpande (Director), Kirit Sharad Joshi (Director). Past directors included Nitin Sharadchandra Sudame. It holds ₹28.30 Cr open charges and ₹37.99 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. Sz-13, Butibori Industrial Area, Butibori, Nagpur, Maharashtra, 441122.

Company Details

CIN/LLPIN
U36100MH2008PTC178053
Registration Number
178053
Incorporation Date
21 January 2008
Authorized Capital
₹1.50 Cr
Paid-Up Capital
₹1.00 Cr
ROC Code
Roc Nagpur
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.50 Cr as on 09-03-2026
Paid Up Capital ₹ 1.00 Cr as on 09-03-2026
Company Age 18 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 28.30 Cr as on 09-03-2026
Satisfied Charges ₹ 37.99 Cr as on 09-03-2026
Revenue Growth **** 49.39% (FY 2022)
Profit Growth **** 61.43% (FY 2022)
Ebitda **** 85.42% (FY 2022)
Net Worth 5.88% (FY 2022)
Total Assets **** 15.62% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Spacewood Office Solutions 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 Spacewood Office Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nitin Sharadchandra Sudame	Managing Director	25 Feb 2011	Current
Vivek Moreshwar Deshpande	Director	21 Jan 2008	Current
Kirit Sharad Joshi	Director	21 Jan 2008	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Jul 2022	Past

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Financial Performance of Spacewood Office Solutions.

Spacewood Office Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.39% increase. The company also saw a substantial improvement in profitability, with a 61.43% increase in profit. The company's net worth moved up by a moderate rise of 5.88%.

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

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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

********

49.39%

*******

Revenue from Operations

*******

52.78%

*******

Total Assets

*******

15.62%

*******

Profit or Loss

*******

61.43%

*******

Net Worth

*******

5.88%

*******

EBITDA

*******

85.42%

*******

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What is the Ownership and Shareholding Structure of Spacewood Office Solutions?

In 2023, Spacewood Office Solutions 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)

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

₹283,000,000.00

Satisfied Charges

₹379,933,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 28.30 Cr

Latest Charge Details

Date	Lender	Amount	Status
14 Aug 2025	State Bank Of India	₹1.50 M	Open
25 Jan 2023	State Bank Of India	₹28.15 Cr	Open
05 Sep 2018	Others	₹6.30 M	Satisfied
13 Aug 2011	Corporation Bank	₹8.59 Cr	Satisfied
14 May 2011	Others	₹28.77 Cr	Satisfied

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How Many Employees Work at Spacewood Office Solutions?

Spacewood Office Solutions has a workforce of 260 employees as of Oct 16, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Spacewood Office Solutions, 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 Spacewood Office Solutions's trajectory.

Rating

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Alerts

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 Spacewood Office Solutions

Recent Activity within the Organization

Annual General Meeting

Spacewood Office Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Charges

A charge with State Bank Of India amounted to Rs. 0.15 Cr with Charge ID 101153653 was registered on 14 Aug 2025. was recorded as a recent event.
14 Aug 2025
Balance Sheet

The activity Spacewood Office Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur. was completed.
31 Mar 2025
Charges

Progress on A charge with State Bank Of India of Rs. 28.15 Cr registered on 25 Jan 2023 with Charge ID 100681355 was modified on 18 Dec 2024. was documented.
18 Dec 2024
Charges

A charge registered on 05 Sep 2018 via Charge ID 100248178 with Others was fully satisfied on 06 Apr 2023. was recorded as a recent event.
06 Apr 2023
Charges

A charge registered on 13 Aug 2011 via Charge ID 10308702 with Corporation Bank was fully satisfied on 22 Feb 2023. was recorded as a recent event.
22 Feb 2023

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