VK Space Builders Private Limited
About VK Space Builders Private Limited
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VK Space Builders Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the civil engineering and infrastructure segment of the construction sector. It was incorporated on 08 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2021PTC148260.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Neel Gurunath Vernekar and Girish Purshottam Kulkarni.
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 47/A/2(P) 6th Cross Bhagya Nagar, Belgaum, Karnataka, India – 590006.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.31 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹11.4 Lakh (net margin 4.9%) and EBITDA of ₹15.4 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years.
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- Registered Address47/A/2(P) 6th Cross Bhagya Nagar, Belgaum, Karnataka, India – 590006
- IndustryConstruction, Civil Engineering, Alteration, Construction, Complete Constructions, Repair & Maintenance
- 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
Business Activity of VK Space Builders Private Limited
The main business activity of VK Space Builders is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of VK Space Builders Private Limited FY 2025 filings available
VK Space Builders Private Limited reported revenue of ₹2.31 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of VK Space Builders Private Limited
Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 97%. 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 of VK Space Builders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹15.4 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.4 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 of VK Space Builders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 VK Space Builders are in the company report.
Financial statements from FY 2022
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.
Peer Comparison of VK Space Builders Private Limited
VK Space Builders Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Buildings). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhagwat Infra Developers Private Limited | ₹2.31 Cr (FY 2024) | •••• | •••• | 308.0% | •••• | Patna, Bihar, India |
| Miraiviz Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 622.0% | •••• | Bhopal, Madhya Pradesh, India |
| Dagcon (India) Private Limited | ₹2.31 Cr (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Gangaur Tradecom Private Limited | ₹2.31 Cr (FY 2024) | •••• | •••• | 694.0% | •••• | Kolkata, West Bengal, India |
| B.N. Buildcon India Private Limited. | ₹2.31 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Delhi, India |
| VK Space Builders Private Limited this company | ₹2.31 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Belgaum, Karnataka, India |
| Dales Realcon Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Kolkata, West Bengal, India |
| DS Bimal Construction Private Limited | ₹2.31 Cr (FY 2023) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Loam Realtors Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Ace Ispat Private Limited | ₹2.31 Cr (FY 2019) | •••• | •••• | 293.0% | •••• | New Delhi, Delhi, India |
| Britesky Buildcon Private Limited | ₹2.31 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below VK Space Builders by revenue in the same principal business activity (Buildings), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of VK Space Builders Private Limited
VK Space Builders has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neel Gurunath Vernekar Also directs: Meeraani Builders LLP | Director | 08 Jun 2021 | 5 Years 4 Months | Current |
| Girish Purshottam Kulkarni | Director | 08 Jun 2021 | 5 Years 4 Months | Current |
| Gurunath Mohan Vernekar | Director | 08 Jun 2021 | 5 Years 4 Months | Current |
Charges & Borrowings of VK Space Builders Private Limited
VK Space Builders Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at VK Space Builders Private Limited
Employment history and EPFO contributions of people linked to VK Space Builders.
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.
Recent Activity on VK Space Builders Private Limited
VK Space Builders Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Girish Purshottam Kulkarni was appointed as Director on 08 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for VK Space Builders 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 VK Space Builders 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 VK Space Builders 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.
GST Compliance of VK Space Builders Private Limited
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.
MCA Filings & Documents of VK Space Builders 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.
Frequently Asked Questions about VK Space Builders Private Limited
VK Space Builders is an active private limited company based in Belgaum, Karnataka, India. The company works in civil engineering, within the construction industry. It was incorporated on 08 June 2021 (5+ years old) and is registered under CIN U45202KA2021PTC148260.
VK Space Builders reported revenue of ₹2.31 Cr for FY 2025 (down 22% YoY).
VK Space Builders has 3 current directors:
- Neel Gurunath Vernekar - Director
- Girish Purshottam Kulkarni - Director
- Gurunath Mohan Vernekar - Director
VK Space Builders reported a net profit of ₹11.4 Lakh (net margin 4.9%) and EBITDA of ₹15.4 Lakh (EBITDA margin 6.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of VK Space Builders is 97% over three years. In the latest year (FY 2025) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of VK Space Builders is U45202KA2021PTC148260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VK Space Builders was incorporated on 08 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of VK Space Builders by revenue are Bhagwat Infra Developers Private Limited, Miraiviz Private Limited, Dagcon (India) Private Limited, Gangaur Tradecom Private Limited, B.N. Buildcon India Private Limited. and 5 more, all in the same principal business activity (Buildings).
Girish Purshottam Kulkarni was appointed as Director on 08 Jun 2021. Gurunath Mohan Vernekar was appointed as Director on 08 Jun 2021. Neel Gurunath Vernekar was appointed as Director on 08 Jun 2021.
The registered office of VK Space Builders is at 47A2P 6th Cross Bhagya Nagar, Belgaum, Karnataka, India – 590006.
VK Space Builders has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.