About Virtspaces Private Limited
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Virtspaces Private Limited is a private limited company based in Bangalore South, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC094921. Its GSTIN is 29AAFCV5323D1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors including Abhijeet Naik and Hemanth Ramarao Velury.
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 Good Work Coworks 3rd Floor Akshay Tech Park, Bangalore South, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.77 Lakh.
The company is associated with 2 brands: VirtualSpaces and VirtSpaces.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virtualspaces.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot 72 73 Epip Zone, Good Work Coworks 3rd Floor Akshay Tech Park Whitefield, Bangalore South, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Virtspaces Private Limited
Virtspaces operates two associated brands: VirtualSpaces and VirtSpaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Photo-realistic virtual tours are created using AI and ray-tracing. | virtualspaces.tech | |
| Virtual reality services for real estate visualization and interactive experiences. | virtualspaces.in |
Competitors & Alternatives of Virtspaces Private Limited
Brands and companies operating in the same space as Virtspaces Private Limited include iStaging, Foyr, SmartVizX and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 iStaging | Augmented and virtual reality platforms are built online for businesses. | Taipei, Taiwan | 2007 |
 Foyr | Provider of cloud-based interior design software platform | Hyderabad, India | 2014 |
 SmartVizX | VR-based interactive environments are created for unbuilt business spaces. | Noida, India | 2014 |
 Floored | Interactive 3D models for real-estate visualization are developed online. | New York, United States | 2012 |
 Cupix | 3D virtual tours of properties are created via Cupix's platform. | Seongnam-si, South Korea | 2015 |
 Indoor Reality | 3D view and floor plans using handheld mapping systems | Berkeley, United States | 2015 |
 Spacely | Developer of AI-enbaled virtual reality solutions for real estate and construction projects | Shibuya, Japan | 2013 |
 Archilogic | SaaS-driven 3D models for the Real Estate visualization | Zurich, Switzerland | 2014 |
 AmbiensVR | Provider of an online virtual solution for real estate professionals | Rome, Italy | 2016 |
 PropVR | Provider of 3D interactive, real estate development, AR & VR, and other services | Chennai, India | 2016 |
Business Activity of Virtspaces Private Limited
Virtspaces operates primarily in the information and communication sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Information and communication | Locked | Computer programming, consultancy and related activities | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Virtspaces Private Limited
Virtspaces Private Limited is audited by N RAJESH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N RAJESH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Virtspaces Private Limited
Virtspaces 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 |
|---|---|---|---|---|
| Prashant Himatbhai Sarkhedi Also directs: Bagmar Nila Projects (Udaipur) LLP, Bagmar Nila Projects (Jodhpur) LLP, Nila Spaces Limited and 5 more | Nominee Director | 30 Apr 2025 | 1 Years 5 Months | Current |
| Abhijeet Naik | Director | 12 Jul 2016 | 10 Years 2 Months | Current |
| Hemanth Ramarao Velury | Director | 12 Jul 2016 | 10 Years 2 Months | Current |
Financials of Virtspaces Private Limited FY 2025 filings available
Virtspaces Private Limited reported revenue of ₹2.77 Lakh for FY 2022.
Financial Statement Summary of Virtspaces Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.77 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Virtspaces Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Virtspaces are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Virtspaces Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Virtspaces Private Limited
Virtspaces Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Virtspaces Private Limited
Employment history and EPFO contributions of people linked to Virtspaces.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Virtspaces Private Limited
Virtspaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV5323D1ZE | Karnataka | Active | 13 Dec 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Virtspaces Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Virtspaces Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Virtspaces Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Virtspaces Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Virtspaces Private Limited
Frequently Asked Questions about Virtspaces Private Limited
Virtspaces is an active private limited company based in Bangalore South, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 July 2016 (10+ years old) and is registered under CIN U74999KA2016PTC094921.
Virtspaces reported revenue of ₹2.77 Lakh for FY 2022.
Virtspaces has 3 current directors:
- Prashant Himatbhai Sarkhedi - Nominee Director
- Abhijeet Naik - Director
- Hemanth Ramarao Velury - Director
The GSTIN of Virtspaces is 29AAFCV5323D1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Virtspaces is U74999KA2016PTC094921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtspaces was incorporated on 12 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Virtspaces can be reached through the website virtualspaces.in. Its registered office is in Bangalore South, Karnataka, India.
The registered office of Virtspaces is at Plot 72 73 Epip Zone, Good Work Coworks 3rd Floor Akshay Tech Park Whitefield, Bangalore South, Karnataka, India – 560066.
Virtspaces has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.21 Lakh.