- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-08-0019301

About Virtusa Life Spaces India Private Limited
Data last updated:
Virtusa Life Spaces India Private Limited is a private limited company based in Nellore, Andhra Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45201AP2016PTC104351. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Hemamalini Vaigandla and Hemavardhan Vaigandla.
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 Nellore, Andhra Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.03 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹89.53 Lakh (net margin 2.4%) and EBITDA of ₹2.24 Cr (EBITDA margin 5.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Virtusa Life Spaces. As per MCA filings, the company has open charges of ₹1.71 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 1 case is pending.
Virtusa Life Spaces India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-08-0019301). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website virtusalifespaces.com.
Company details
Recognitions & Rankings of Virtusa Life Spaces India
Contact details
Virtusa Life Spaces India Private Limited's registered office is in Nellore, Andhra Pradesh. Its website is virtusalifespaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address16/3/647 2nd Street, Rammurthy Nagar Beside Joyalukas, Nellore, Andhra Pradesh, India – 524001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Virtusa Life Spaces India 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
Brands
Virtusa Life Spaces India operates one associated brand: Virtusa Life Spaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for residential and commercial properties. | virtusalifespaces.com |
Business activity
The main business activity of Virtusa Life Spaces India is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Virtusa Life Spaces India Private Limited, buy the company report.
Financials of Virtusa Life Spaces India Private Limited
FY 2025 filings availableVirtusa Life Spaces India Private Limited reported revenue of ₹38.03 Cr (up 101% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 101% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 10% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹89.53 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| 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 | |||||
To see the full financial statements and ratios of Virtusa Life Spaces India Private Limited, buy the company report.
Board of directors of Virtusa Life Spaces India Private Limited
Virtusa Life Spaces India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemamalini Vaigandla | Director | 28 Oct 2016 | 10 Years 0 Months | Current |
| Hemavardhan Vaigandla | Director | 26 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Virtusa Life Spaces India Private Limited is audited by Mr. J.V.CHALAPATHI RAO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mr. J.V.CHALAPATHI RAO | FY 2024 | 223388 |
Shareholding
The shareholding of Virtusa Life Spaces India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Virtusa Life Spaces India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2025 | 101202853 | Hdfc Bank Limited | ₹9.18 Lakh | Open | |
| 07 Oct 2025 | 101204610 | Hdfc Bank Limited | ₹8.1 Lakh | Open | |
| 05 Mar 2024 | 100921957 | Others | ₹14 Lakh | Open | |
| 08 Feb 2024 | 100906744 | Hdfc Bank Limited | ₹11.98 Lakh | Open | |
| 07 Feb 2024 | 100906734 | Hdfc Bank Limited | ₹11.98 Lakh | Open |
Total charge records: 13 View all charges
Legal cases
Virtusa Life Spaces India Private Limited has 11 court cases on record: 7 filed by Virtusa Life Spaces India, 4 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Virtusa Life Spaces India 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 Virtusa Life Spaces India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Virtusa Life Spaces India Private Limited has a workforce of 17 employees on its EPFO records as of Dec 22, 2024, across 1 active EPFO establishment.
GST
Virtusa Life Spaces India 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 Virtusa Life Spaces India Private Limited, buy the company report.
Recent activity
Virtusa Life Spaces India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Venkateswarlu Vaigandla ceased to be Director on 28 Apr 2021.
7 earlier events are in the company report.
Frequently asked questions
Virtusa Life Spaces India is an active private limited company based in Nellore, Andhra Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 October 2016 (10+ years old) and is registered under CIN U45201AP2016PTC104351.
Virtusa Life Spaces India has 2 current directors:
- Hemamalini Vaigandla - Director
- Hemavardhan Vaigandla - Director
The latest financial statements of Virtusa Life Spaces India 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 FY 2017 are in the company report.
No. Virtusa Life Spaces India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Virtusa Life Spaces India is U45201AP2016PTC104351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virtusa Life Spaces India has 11 court cases on record: 7 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Virtusa Life Spaces India was incorporated on 28 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Vijayawada.
Venkateswarlu Vaigandla ceased to be Director on 28 Apr 2021. Hemavardhan Vaigandla was appointed as Director on 26 Apr 2021. Hemamalini Vaigandla was appointed as Director on 28 Oct 2016.
Yes, Virtusa Life Spaces India is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-08-0019301).
Virtusa Life Spaces India can be reached through the website virtusalifespaces.com. Its registered office is in Nellore, Andhra Pradesh, India.

