Sunshine Spaces Private Limited
About Sunshine Spaces Private Limited
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Sunshine Spaces Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45200MP2011PTC025124.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vinay Mangharamani and Ashok Mangharamani.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.32 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹4.27 Lakh (net margin -80.2%) and EBITDA of ₹1.42 Lakh (EBITDA margin 26.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 18% over five years.
As per MCA filings, the company has satisfied charges of ₹15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sunshine Spaces Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 506 5th Floor, Fortune Ambience Near Surya Hotel South Tukoganj, Indore, Madhya Pradesh, India – 452001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sunshine 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 Sunshine Spaces is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Sunshine Spaces Private Limited, buy the company report.
Financials of Sunshine Spaces Private Limited
FY 2025 filings availableSunshine Spaces Private Limited reported revenue of ₹5.32 Lakh (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 11% 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 | ₹1.42 Lakh | ||||
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| Net Profit (PAT) | -₹4.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 26.8% | ||||
| Net Profit Margin | -80.2% | ||||
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To see the full financial statements and ratios of Sunshine Spaces Private Limited, buy the company report.
Board of directors of Sunshine Spaces Private Limited
Sunshine Spaces has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Mangharamani Also directs: Visvas Devcon LLP, Shankar Nutricon Private Limited, Shankar Soya Concepts Private Limited and 2 more | Director | 01 Jun 2023 | 3 Years 4 Months | Current |
| Ashok Mangharamani | Director | 07 Jan 2011 | 15 Years 9 Months | Current |
| Manish Mangharamani | Director | 07 Jan 2011 | 15 Years 9 Months | Current |
Peer comparison
Sunshine Spaces Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KBM Builders Private Limited | ₹5.32 Lakh (FY 2025) | 1278.0% | New Delhi, Delhi, India | |||
| Sunshine Spaces Private Limitedthis company | ₹5.32 Lakh (FY 2025) | -₹4.27 Lakh | -80.2% | 4.0% | Indore, Madhya Pradesh, India | |
| Bhagabati Business Pvt Ltd | ₹5.32 Lakh (FY 2022) | -19.0% | Kolkata, West Bengal, India | |||
| Sunworld Innovations Private Limited | ₹5.31 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sunshine Spaces Private Limited, buy the company report.
Auditor
Sunshine Spaces Private Limited is audited by RAKESH K GOYAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH K GOYAL & CO | FY 2021 | 004016C |
Shareholding
The shareholding of Sunshine Spaces Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunshine Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2017 | 100098125 | Others | ₹4 Cr | Satisfied | |
| 10 Sep 2014 | 10563416 | Others | ₹11 Cr | Satisfied |
To see the full charge records of Sunshine Spaces Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Sunshine Spaces Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunshine Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sunshine Spaces Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sunshine Spaces Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Vinay Mangharamani ceased to be Additional Director on 09 Aug 2023.
1 earlier event is in the company report.
Frequently asked questions
Sunshine Spaces is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 January 2011 (15+ years old) and is registered under CIN U45200MP2011PTC025124.
Sunshine Spaces has 3 current directors:
- Vinay Mangharamani - Director
- Ashok Mangharamani - Director
- Manish Mangharamani - Director
The latest financial statements of Sunshine Spaces on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sunshine Spaces is U45200MP2011PTC025124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunshine Spaces was incorporated on 07 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Sunshine Spaces by revenue are KBM Builders Private Limited, Bhagabati Business Pvt Ltd, Sunworld Innovations Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Vinay Mangharamani ceased to be Additional Director on 09 Aug 2023. Himanshi Mangharamani ceased to be Director on 01 Jun 2023. Vinay Mangharamani was appointed as Director on 01 Jun 2023. Sunshine Spaces has 5 board changes on record in total.
The registered office of Sunshine Spaces is at Office No. 506 5th Floor, Fortune Ambience Near Surya Hotel South Tukoganj, Indore, Madhya Pradesh, India – 452001.
Sunshine Spaces operates in the real estate and construction industry, in the real estate builders and developers segment.
Sunshine Spaces has no open charges and satisfied charges of ₹15 Cr as per latest MCA filings.
The compliance status of Sunshine Spaces is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
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