About Sreenidhi IT Spaces Private Limited
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Sreenidhi IT Spaces Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Phoenix Infratech (India) Private Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45209TG2013PTC087590. Its GSTIN is 36AAHCP1574A1ZO (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Phoenix Spaces (Rajahmundry) Private Limited and Phoenix It Spaces Private Limited. It is led by directors Varma Chiluvuri and Srinivas Nallam Kumar.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.86 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹5.23 Cr (net margin 15.4%) and EBITDA of ₹11.48 Cr (EBITDA margin 33.9%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
As per MCA filings, the company has open charges of ₹3.36 Cr and satisfied charges of ₹644.4 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 4 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 debt financing), with disclosed funding of ₹81.12 Cr; the latest was in December 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixindia.net.
Company details
Name history
Sreenidhi IT Spaces has undergone 2 name changes throughout its history. The company was previously known as Phoenix Spaces (Rajahmundry) Private Limited, and Phoenix It Spaces Private Limited. The current legal name is Sreenidhi It Spaces Private Limited.
| Company Name | Status |
|---|---|
| Sreenidhi IT Spaces Private Limited | Current |
| Phoenix Spaces (Rajahmundry) Private Limited | Previous |
| Phoenix It Spaces Private Limited | Previous |
CIN history
Sreenidhi IT Spaces has one previous CIN (Corporate Identification Number): U45209AP2013PTC087590. The current CIN is U45209TG2013PTC087590, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209TG2013PTC087590 | Current |
| U45209AP2013PTC087590 | Previous |
Contact details
Sreenidhi IT Spaces Private Limited's registered office is in Hyderabad, Telangana. Its website is phoenixindia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.1057/M Road No.45, Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Sreenidhi IT Spaces Private Limited, buy the company report.
- 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
Business activity
The main business activity of Sreenidhi IT Spaces is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Sreenidhi IT Spaces Private Limited, buy the company report.
Financials of Sreenidhi IT Spaces Private Limited
FY 2025 filings availableSreenidhi IT Spaces Private Limited reported revenue of ₹33.86 Cr (down 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 72% fall in the latest year. EBITDA fell 86% 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 | ₹11.48 Cr | ||||
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| Net Profit (PAT) | ₹5.23 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 | 33.9% | ||||
| Net Profit Margin | 15.4% | ||||
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To see the full financial statements and ratios of Sreenidhi IT Spaces Private Limited, buy the company report.
Board of directors of Sreenidhi IT Spaces Private Limited
Sreenidhi IT Spaces has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varma Chiluvuri Also directs: SHK Luxury Homes Private Limited, Ananthaa Realtec LLP, Ananthaa Spaces LLP and 1 more | Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Srinivas Nallam Kumar Also directs: Sree Nivasam Prime Villas LLP, Sreenidhi Plotting and Residencies LLP, Sree Nivasam Infra LLP and 5 more | Director | 04 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Sreenidhi IT Spaces Private Limited is audited by P.Murali & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.Murali & Co. | FY 2023 | 020085 |
Shareholding
The shareholding of Sreenidhi IT Spaces 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 Sreenidhi IT Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2025 | 101193982 | Axis Bank Limited | ₹1.58 Cr | Open | |
| 02 Mar 2023 | 100691545 | Hdfc Bank Limited | ₹1.78 Cr | Open | |
| 05 Dec 2023 | 100824242 | Others | ₹40 Cr | Satisfied | |
| 17 Aug 2022 | 100610204 | Others | ₹50 Cr | Satisfied | |
| 02 Jun 2022 | 100582156 | Others | ₹35 Cr | Satisfied |
To see the full charge records of Sreenidhi IT Spaces Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Sreenidhi IT Spaces Private Limited has 3 deals on record (2 secondary share transfers, 1 debt financing), with disclosed funding of ₹81.12 Cr; the latest was in December 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Sangeetha Infratech India Private Limited Seller: Phoenix Infratech (India) Private Limited |
| Jun 2019 | Debt financing | ₹81.12 Cr | Investors: Motilal Oswal Real Estate |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Phoenix Infratech (India) Private Limited , Phoenix Infratech (India) Private Limited & G V Ramana Reddy Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sreenidhi IT Spaces Private Limited has 6 court cases on record: 1 filed by Sreenidhi IT Spaces, 5 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 3 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed against the company | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by individuals | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 7 others | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Sreenidhi IT Spaces 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
Sreenidhi IT Spaces Private Limited was last rated by Icra on 01 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 01 Sep 2021 |
To see the full credit ratings and regulatory alerts of Sreenidhi IT Spaces Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sreenidhi IT Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sreenidhi IT Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCP1574A1ZO | Telangana | Active | 30 Apr 2019 |
To see the full GST registrations and return filing status of Sreenidhi IT Spaces Private Limited, buy the company report.
Recent activity
Sreenidhi IT Spaces Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Varma Chiluvuri was appointed as Director on 18 Dec 2023.
24 earlier events are in the company report.
Frequently asked questions
Sreenidhi IT Spaces is an active private limited company based in Hyderabad, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 May 2013 (13+ years old) and is registered under CIN U45209TG2013PTC087590.
Sreenidhi IT Spaces has 2 current directors:
- Varma Chiluvuri - Director
- Srinivas Nallam Kumar - Director
The latest financial statements of Sreenidhi IT Spaces 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 Sreenidhi IT Spaces is 36AAHCP1574A1ZO, registered in Telangana.
The CIN (Corporate Identification Number) of Sreenidhi IT Spaces is U45209TG2013PTC087590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sreenidhi IT Spaces has 6 court cases on record: 1 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.
Sreenidhi IT Spaces was incorporated on 10 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Sreenidhi IT Spaces has 3 deals on record (2 secondary share transfers, 1 debt financing), with disclosed funding of ₹81.12 Cr; the latest was in December 2023.
Varma Chiluvuri was appointed as Director on 18 Dec 2023. Srinivas Nallam Kumar was appointed as Director on 04 Oct 2023. Boghi Sridhara Rao ceased to be Additional Director on 30 Sep 2019. Sreenidhi IT Spaces has 7 board changes on record in total.
Sreenidhi IT Spaces can be reached through the website phoenixindia.net. Its registered office is in Hyderabad, Telangana, India.