About Terraspace Enterprise Private Limited
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Terraspace Enterprise Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45200TN2006PTC061063. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.68 Cr. It was formerly known as Vasavhi Foundations Private Limited. It is led by directors Balaguruaiya Sureshbabu (Managing Director) and Revathi Suresh.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 4 I Cross Street Cit Colony Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2018, the company reported a revenue of ₹14.11 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net loss of ₹16.74 Cr (net margin -118.7%) and EBITDA of -₹10.41 Cr (EBITDA margin -73.8%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
As per MCA filings, the company has satisfied charges of ₹37 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website terraspace.in.
Company details
Contact details
Terraspace Enterprise Private Limited's registered office is in Chennai, Tamil Nadu. Its website is terraspace.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 I Cross Street Cit Colony Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Terraspace Enterprise 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 Terraspace Enterprise 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 Terraspace Enterprise Private Limited, buy the company report.
Financials of Terraspace Enterprise Private Limited
FY 2018 filings availableTerraspace Enterprise Private Limited reported revenue of ₹14.11 Cr (up 73% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 73% growth in the latest year. EBITDA fell 16% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹10.41 Cr | |||
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| Net Profit (PAT) | -₹16.74 Cr | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -73.8% | |||
| Net Profit Margin | -118.7% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Terraspace Enterprise Private Limited, buy the company report.
Board of directors of Terraspace Enterprise Private Limited
Terraspace Enterprise has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Revathi Suresh | Additional Director | 08 Feb 2020 | 6 Years 8 Months | Current |
| Balaguruaiya Sureshbabu Also directs: Kaybee Powelec Private Limited | Managing Director | 09 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
Terraspace Enterprise Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gurukul Homes Private Limited | ₹14.11 Cr (FY 2025) | -64.0% | Kolkata, West Bengal, India | |||
| Terraspace Enterprise Private Limitedthis company | ₹14.11 Cr (FY 2018) | -₹16.74 Cr | -118.7% | 73.0% | Chennai, Tamil Nadu, India | |
| Sapphiresambhav Infraestates Private Limited | ₹14.1 Cr (FY 2024) | 14000.0% | Lucknow, Uttar Pradesh, India | |||
| Gemini Packtech Private Limited | ₹14.09 Cr (FY 2025) | -45.0% | Dehradun, Uttarakhand, India | |||
| Star Express Consultants Private Limited | ₹14.07 Cr (FY 2024) | 13.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of Terraspace Enterprise Private Limited, buy the company report.
Auditor
Terraspace Enterprise Private Limited is audited by R SAYERAM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R SAYERAM & CO | FY 2017 | 008263S |
Shareholding
The shareholding of Terraspace Enterprise Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Terraspace Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2015 | 100333286 | State Bank of India | ₹9.2 Cr | Satisfied | |
| 19 Aug 2014 | 10523250 | State Bank of India | ₹9.8 Cr | Satisfied | |
| 10 Dec 2010 | 10261475 | State Bank of India | ₹12 Cr | Satisfied | |
| 12 Mar 2008 | 10094292 | State Bank of India | ₹6 Cr | Satisfied |
To see the full charge records of Terraspace Enterprise Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Terraspace Enterprise Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company | Pending |
| District court, Chennai, Tamil Nadu | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Terraspace Enterprise 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Terraspace Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Terraspace Enterprise has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Terraspace Enterprise Private Limited, buy the company report.
Recent activity
Terraspace Enterprise Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Balaguruaiya Sureshbabu Sundeep ceased to be Director on 10 Feb 2020.
4 earlier events are in the company report.
Frequently asked questions
Terraspace Enterprise is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 September 2006 (20+ years old) and is registered under CIN U45200TN2006PTC061063.
Terraspace Enterprise has 2 current directors:
- Balaguruaiya Sureshbabu - Managing Director
- Revathi Suresh - Additional Director
The latest financial statements of Terraspace Enterprise on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Terraspace Enterprise has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Terraspace Enterprise is U45200TN2006PTC061063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Terraspace Enterprise has 2 court cases on record: 2 filed against it. 1 is pending.
Terraspace Enterprise was incorporated on 09 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Terraspace Enterprise by revenue are Gurukul Homes Private Limited, Sapphiresambhav Infraestates Private Limited, Gemini Packtech Private Limited, Star Express Consultants Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Balaguruaiya Sureshbabu Sundeep ceased to be Director on 10 Feb 2020. Revathi Suresh was appointed as Additional Director on 08 Feb 2020. Balavenkatraman Balagurvaiya Vengatesh ceased to be Director on 25 Mar 2016. Terraspace Enterprise has 5 board changes on record in total.
Terraspace Enterprise can be reached through the website terraspace.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Terraspace Enterprise is at 4 I Cross Street Cit Colony Mylapore, Chennai, Tamil Nadu, India – 600004.
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