About VP Spaces Private Limited
Data last updated:
VP Spaces Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2013PTC251698. Its GSTIN is 06AAECV4190R1ZN (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Deepak Virmani and Varun Manchanda.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at J – 187 Ground Floor Vikas Puri, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.46 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹10.96 Lakh (net margin 1.5%) and EBITDA of ₹2.28 Cr (EBITDA margin 30.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 107% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹25 Cr on record. Court records list 37 cases involving the company, including 5 filed by the company and 32 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vpspaces.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressJ – 187 Ground Floor Vikas Puri, New Delhi, Delhi, India – 110018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 VP Spaces Private Limited
The main business activity of VP Spaces is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 VP Spaces Private Limited FY 2023 filings available
VP Spaces Private Limited reported revenue of ₹7.46 Cr (down 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of VP Spaces Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 107%. EBITDA rose 4% 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 VP Spaces Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹2.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.96 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 VP Spaces Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 VP Spaces are in the company report.
Financial statements from 2015
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.
Board of Directors of VP Spaces Private Limited
VP Spaces has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Virmani | Director | 07 May 2013 | 13 Years 5 Months | Current |
| Varun Manchanda | Director | 07 May 2013 | 13 Years 5 Months | Current |
| Ashish Manchanda | Director | 07 May 2013 | 13 Years 5 Months | Current |
Peer Comparison of VP Spaces Private Limited
VP Spaces Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JSNR Constructions Private Limited | ₹7.46 Cr (FY 2024) | •••• | •••• | 201.0% | •••• | Hyderabad, Telangana, India |
| Mangalam Infracon (Gujarat) Private Limited | ₹7.46 Cr (FY 2018) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Vision India Realtors Private Limited | ₹7.46 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Kharar, Punjab, India |
| Pardarshik Buildtech Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 264.0% | •••• | Gurgaon, Haryana, India |
| Earnest Constructions Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 44572.0% | •••• | Bengaluru, Karnataka, India |
| VP Spaces Private Limited this company | ₹7.46 Cr (FY 2023) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Elitearc Construction Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 177.0% | •••• | Patna, Bihar, India |
| Celesta Infraprojects Private Limited | ₹7.46 Cr (FY 2024) | •••• | •••• | 55.0% | •••• | Delhi, India |
| Natesan Housing Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Tamil Nadu, India |
| Skyline Engineering Contracts (India) Pvt Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| Badri Infraprojects Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 7356.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below VP Spaces by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of VP Spaces Private Limited
VP Spaces Private Limited is audited by PM AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PM AND ASSOCIATES | 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.
Ownership and Shareholding of VP Spaces 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 VP Spaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2019 | Others | ₹15 Cr | Satisfied |
| 13 Mar 2018 | Others | ₹1 Cr | Satisfied |
| 13 Mar 2018 | Others | ₹9 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of VP Spaces Private Limited
VP Spaces Private Limited has 37 court cases on record: 5 filed by VP Spaces, 32 filed against it. 5 cases are pending and 32 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 33 | 29 | 2 |
| District courts | 4 | 3 | 3 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed by the company against an individual | Pending |
| High Court of Rajasthan | Court case (CMCC) | Filed against the company by an individual | Pending |
| High Court of Rajasthan | Appeal | Filed against the company by an individual | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Nagpal Timber Traders | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
Full case history
All 37 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at VP Spaces Private Limited
VP Spaces Private Limited has a workforce of 3 employees as of Apr 07, 2024.
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 VP Spaces Private Limited
VP Spaces Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Shreyas Pagariya ceased to be Director on 08 Apr 2019.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for VP Spaces 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 VP Spaces 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 VP Spaces 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 VP Spaces Private Limited
VP Spaces has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECV4190R1ZN | Haryana | Active | 01 Jul 2017 |
| 08AAECV4190R1ZJ | Rajasthan | Active | 01 Jul 2017 |
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 VP Spaces 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 VP Spaces Private Limited
VP Spaces is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 May 2013 (13+ years old) and is registered under CIN U45400DL2013PTC251698.
VP Spaces reported revenue of ₹7.46 Cr for FY 2023 (down 14% YoY).
VP Spaces has 3 current directors:
- Deepak Virmani - Director
- Varun Manchanda - Director
- Ashish Manchanda - Director
VP Spaces reported a net profit of ₹10.96 Lakh (net margin 1.5%) and EBITDA of ₹2.28 Cr (EBITDA margin 30.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of VP Spaces is -1% over three years and 107% over five years. In the latest year (FY 2023) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of VP Spaces is 06AAECV4190R1ZN, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAECV4190R1ZJ (Rajasthan).
The CIN (Corporate Identification Number) of VP Spaces is U45400DL2013PTC251698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VP Spaces has 37 court cases on record: 5 filed by the company and 32 filed against it. 5 are pending. Most are in the high courts.
VP Spaces was incorporated on 07 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of VP Spaces by revenue are JSNR Constructions Private Limited, Mangalam Infracon (Gujarat) Private Limited, Vision India Realtors Private Limited, Pardarshik Buildtech Private Limited, Earnest Constructions Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Shreyas Pagariya ceased to be Director on 08 Apr 2019. Vipin Virmani ceased to be Director on 13 Aug 2018. Jagdish Chander ceased to be Director on 12 Jul 2018. VP Spaces has 7 board changes on record in total.