MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0009125
Spacewood Office Solutions Private Limited - consumer electronics & durables in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹193.02 Cr
▲ 20% YoY
Net profit · FY 2025
₹10.62 Cr
Net margin 5.5%
EBITDA · FY 2025
₹18.8 Cr
EBITDA margin 9.7%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹28.3 Cr
Satisfied ₹37.99 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
260
Provident fund records
About Spacewood Office Solutions Private Limited
Data last updated:
Spacewood Office Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 21 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U36100MH2008PTC178053. Its GSTIN is 27AABCI8134K1ZD (Maharashtra). The company holds 12 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It was formerly known as I3 Space Systems (India) Private Limited. It is led by directors including Nitin Sharadchandra Sudame (Managing Director) and Vivek Moreshwar Deshpande.
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 Plot No. Sz – 13 Butibori Industrial Area Butibori, Nagpur, Maharashtra, India – 441122.
As per the financials filed for FY 2025, the company reported a revenue of ₹193.02 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹10.62 Cr (net margin 5.5%) and EBITDA of ₹18.8 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 11% over five years.
The company has about 260 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spacewood. As per MCA filings, the company has open charges of ₹28.3 Cr and satisfied charges of ₹37.99 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2015. Its 5 peer companies in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 1 larger and 4 smaller; the largest is Kokuyo Workplace India Limited with revenue of ₹211.24 Cr.
Spacewood Office Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0009125). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sosoffice.in.
Company details
CIN U36100MH2008PTC178053
Registration Number 178053
Incorporation Date 21 January 2008
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0009125
Key People
Nitin Sharadchandra Sudame Managing Director Vivek Moreshwar Deshpande Director Kirit Sharad Joshi Director Recognitions & Rankings of Spacewood Office Solutions
Contact details
Spacewood Office Solutions Private Limited's registered office is in Nagpur, Maharashtra. Its website is sosoffice.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. Sz – 13 Butibori Industrial Area Butibori, Nagpur, Maharashtra, India – 441122
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Spacewood Office Solutions Private Limited, buy the company report.
Comprehensive company report
Spacewood Office 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
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Brands
Spacewood Office Solutions operates one associated brand: Spacewood. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Modular furniture is manufactured for residential and commercial spaces. | spacewood.in |
Business activity
The main business activities of Spacewood Office Solutions are manufacturing and personal and household service. In detail, this covers wood and wood products, furniture, paper and paper products and other personal service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Spacewood Office Solutions Private Limited, buy the company report.
Financials of Spacewood Office Solutions Private Limited
FY 2025 filings availableSpacewood Office Solutions Private Limited reported revenue of ₹193.02 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹193.02 Cr ▲ 20%
Net profit · FY 2025
₹10.62 Cr margin 5.5%
EBITDA · FY 2025
₹18.8 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 25%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 57%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 20% growth in the latest year. EBITDA rose 5% 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 | ₹18.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.62 Cr | ||||
| Balance Sheet | |||||
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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 | 9.7% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Spacewood Office Solutions Private Limited, buy the company report.
Board of directors of Spacewood Office Solutions Private Limited
Spacewood Office Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Sharadchandra Sudame | Managing Director | 25 Feb 2011 | 15 Years 8 Months | Current |
| Vivek Moreshwar Deshpande | Director | 21 Jan 2008 | 18 Years 9 Months | Current |
| Kirit Sharad Joshi | Director | 21 Jan 2008 | 18 Years 9 Months | Current |
Peer comparison
Spacewood Office Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kokuyo Workplace India Limited | ₹211.24 Cr (FY 2025) | 9.0% | Nagpur, Maharashtra, India | |||
| Spacewood Office Solutions Private Limitedthis company | ₹193.02 Cr (FY 2025) | ₹10.62 Cr | 5.5% | 20.0% | 260 | Nagpur, Maharashtra, India |
| Eurocoustic Products Limited | ₹190.1 Cr (FY 2023) | 69.0% | Ut Of Daman Diu, Daman and Diu, India | |||
| Monarch Ergo Private Limited | ₹184.07 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Sumitra Woodcraft Private Limited | ₹182.3 Cr (FY 2025) | -9.0% | Kirti Nagar, Delhi, India | |||
| Afc System Private Limited | ₹176.19 Cr (FY 2025) | 8.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Spacewood Office Solutions Private Limited, buy the company report.
Auditor
Spacewood Office Solutions Private Limited is audited by C N Patel & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N Patel & Co. | FY 2022 | 112552W |
Shareholding
The shareholding of Spacewood Office Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spacewood Office Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.3 Cr
Satisfied charges
₹37.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2025 | 101153653 | State Bank of India | ₹15 Lakh | Open | |
| 25 Jan 2023 | 100681355 | State Bank of India | ₹28.15 Cr | Open | |
| 05 Sep 2018 | 100248178 | Others | ₹63 Lakh | Satisfied | |
| 13 Aug 2011 | 10308702 | Corporation Bank | ₹8.59 Cr | Satisfied | |
| 14 May 2011 | 10294680 | Others | ₹28.77 Cr | Satisfied |
To see the full charge records of Spacewood Office Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Spacewood Office Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2015.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹99 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Space Wood Furnishers Private Limited. |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Space Wood Furnishers Private Limited. Seller: 2 individuals |
| Mar 2011 | Funding round | ₹99 Lakh | Investors: Space Wood Furnishers Private Limited. , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Spacewood Office Solutions Private Limited has 7 court cases on record: 3 filed by Spacewood Office Solutions, 4 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed by the company
3
Filed against the company
4
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 1 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (EX MJC) | Filed by the company against M/S Innovation Through Akhil Garga | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by individuals | Pending |
| Bombay High Court | Court case (CAO) | Filed against the company by M/S Anupam Rai Constructions, Nagpur | Disposed |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed by the company against M/S. Anupam Rai Constructions and 1 other | Disposed |
| Bombay High Court | Court case (MCA) | Filed against the company by M/S Anupam Rai Constructions, Nagpur | Disposed |
To see the full case history of Spacewood Office 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.
Credit ratings & regulatory alerts
Spacewood Office Solutions Private Limited was last rated by Care on 31 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Mar 2023 |
To see the full credit ratings and regulatory alerts of Spacewood Office Solutions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Spacewood Office Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spacewood Office Solutions Private Limited has a workforce of 260 employees on its EPFO records as of Oct 16, 2024, across 1 active EPFO establishment.
Employee count
260
Active EPFO establishments
1
Employee growth
8.33%
GST
Spacewood Office Solutions has 12 GST registrations: 8 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
12
Active
8
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI8134K1ZD | Maharashtra | Active | 01 Jul 2017 |
| 29AABCI8134K2Z8 | Karnataka | Active | 01 Jul 2017 |
| 07AABCI8134K1ZF | Delhi | Active | 28 Sep 2017 |
| 06AABCI8134K1ZH | Haryana | Active | 01 Jul 2020 |
To see the full GST registrations and return filing status of Spacewood Office Solutions Private Limited, buy the company report.
Recent activity
Spacewood Office Solutions Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Nitin Sharadchandra Sudame ceased to be Director on 01 Jul 2022.
AGM
Spacewood Office Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 0.15 Cr with Charge ID 101153653 was registered on 14 Aug 2025.
Filing
Spacewood Office Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Charges
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.
Charges
A charge registered on 05 Sep 2018 via Charge ID 100248178 with Others was fully satisfied on 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.
Charges
A charge registered on 14 May 2011 via Charge ID 10294680 with Others was fully satisfied on 22 Feb 2023.
Charges
A charge with State Bank Of India amounted to Rs. 28.15 Cr with Charge ID 100681355 was registered on 25 Jan 2023.
Ceased
Nitin Sharadchandra Sudame ceased to be Director.
Charges
A charge with Others of Rs. 28.77 Cr registered on 14 May 2011 with Charge ID 10294680 was modified on 18 Dec 2021.
Charges
A charge with Others amounted to Rs. 0.63 Cr with Charge ID 100248178 was registered on 05 Sep 2018.
Charges
A charge with Corporation Bank of Rs. 8.59 Cr registered on 13 Aug 2011 with Charge ID 10308702 was modified on 16 May 2013.
6 earlier events are in the company report.
Frequently asked questions
Spacewood Office Solutions is an active private limited company based in Nagpur, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 21 January 2008 (18+ years old) and is registered under CIN U36100MH2008PTC178053.
Spacewood Office Solutions has 3 current directors:
- Nitin Sharadchandra Sudame - Managing Director
- Vivek Moreshwar Deshpande - Director
- Kirit Sharad Joshi - Director
The latest financial statements of Spacewood Office Solutions 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 Spacewood Office Solutions is 27AABCI8134K1ZD, registered in Maharashtra. The company has 12 GST registrations in all, of which 8 are active and 4 are cancelled or inactive. Other active GSTINs include 29AABCI8134K2Z8 (Karnataka), 07AABCI8134K1ZF (Delhi), 06AABCI8134K1ZH (Haryana).
The CIN (Corporate Identification Number) of Spacewood Office Solutions is U36100MH2008PTC178053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spacewood Office Solutions has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Spacewood Office Solutions was incorporated on 21 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Nagpur.
Spacewood Office Solutions has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2015.
The peers of Spacewood Office Solutions by revenue are Kokuyo Workplace India Limited, Eurocoustic Products Limited, Monarch Ergo Private Limited, Sumitra Woodcraft Private Limited, Afc System Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Nitin Sharadchandra Sudame ceased to be Director on 01 Jul 2022. Nitin Sharadchandra Sudame was appointed as Managing Director on 25 Feb 2011. Kirit Sharad Joshi was appointed as Director on 21 Jan 2008. Spacewood Office Solutions has 4 board changes on record in total.
Yes, Spacewood Office Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0009125).