Worcoft Spaces Private Limited
About Worcoft Spaces Private Limited
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Worcoft Spaces Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 20 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2018PTC118652. Its GSTIN is 29AACCW3169M1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jithin Raj and Vinai Senthil Thangaraj.
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 No 114 16th A Main 4th Cross Kormangala 4th Block, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net profit of ₹28.64 Lakh (net margin 24.8%) and EBITDA of ₹44.06 Lakh (EBITDA margin 38.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 75% over five years.
The company is associated with 1 brand: Worcoft. As per MCA filings, the company has open charges of ₹19.64 Lakh on record.
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- Registered AddressNo 114 16th A Main 4th Cross Kormangala 4th Block, Bangalore, Karnataka, India – 560034
- IndustryFinancial Services, Real Estate Financing
- 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 Worcoft Spaces Private Limited
The main business activity of Worcoft Spaces is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Worcoft Spaces Private Limited FY 2025 filings available
Worcoft Spaces Private Limited reported revenue of ₹1.16 Cr (up 127% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Worcoft Spaces Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 127% growth in the latest year. EBITDA rose 391% 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 Worcoft Spaces Private Limited
| 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 | ₹44.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.64 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Worcoft Spaces Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 24.8% | •••• | •••• | •••• | •••• |
| 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 Worcoft Spaces are in the company report.
Financial statements from FY 2019
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 Worcoft Spaces Private Limited
Worcoft Spaces Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bangalore Petroleum and Chemicals Private Limited | ₹1.16 Cr (FY 2023) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Sree Venkataraya Farms Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | •••• | Andhra Pradesh, India | |
| Vamsi Manav Infrastructures Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
| Raja Mechanical Company Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Futuristic Remedies Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 186.0% | •••• | New Delhi, Delhi, India |
| Worcoft Spaces Private Limited this company | ₹1.16 Cr (FY 2025) | •••• | •••• | 127.0% | •••• | Bangalore, Karnataka, India |
| P K Advisory Services Pvt Ltd | ₹1.15 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | Kolkata, West Bengal, India |
| Eac Easy Address Consulting Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Ojas Tradelease and Mall Management Private Limited | ₹1.15 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | Thane, Maharashtra, India |
| Splendid Residences Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Alston Builders and Developers Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Kochi, Kerala, India |
Peers are the five companies nearest above and the five nearest below Worcoft Spaces by revenue in the BFSI industry (Real Estate Leasing), 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 Worcoft Spaces Private Limited
Worcoft Spaces Private Limited is audited by B G K & Co LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B G K & Co LLP | 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 Worcoft Spaces Private Limited
Worcoft Spaces has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jithin Raj | Director | 20 Nov 2018 | 7 Years 10 Months | Current |
| Vinai Senthil Thangaraj | Director | 20 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Worcoft 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 Worcoft Spaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2023 | Hdfc Bank Limited | ₹19.64 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Worcoft Spaces Private Limited
Worcoft Spaces operates one associated brand: Worcoft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for booking coworking spaces, private offices, and meeting rooms. | worcoft.com |
Employees and EPFO Compliance at Worcoft Spaces Private Limited
Employment history and EPFO contributions of people linked to Worcoft Spaces.
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 Worcoft Spaces Private Limited
Worcoft Spaces Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Jithin Raj was appointed as Director on 20 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Worcoft 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 Worcoft 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 Worcoft 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 Worcoft Spaces Private Limited
Worcoft Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW3169M1ZP | Karnataka | Active | 03 May 2019 |
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 Worcoft 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 Worcoft Spaces Private Limited
Worcoft Spaces is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 20 November 2018 (8+ years old) and is registered under CIN U70109KA2018PTC118652.
Worcoft Spaces reported revenue of ₹1.16 Cr for FY 2025 (up 127% YoY).
Worcoft Spaces has 2 current directors:
- Jithin Raj - Director
- Vinai Senthil Thangaraj - Director
Worcoft Spaces reported a net profit of ₹28.64 Lakh (net margin 24.8%) and EBITDA of ₹44.06 Lakh (EBITDA margin 38.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Worcoft Spaces is 5% over three years and 75% over five years. In the latest year (FY 2025) revenue rose 127%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Worcoft Spaces is 29AACCW3169M1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Worcoft Spaces is U70109KA2018PTC118652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Worcoft Spaces was incorporated on 20 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Worcoft Spaces by revenue are Bangalore Petroleum and Chemicals Private Limited, Sree Venkataraya Farms Private Limited, Vamsi Manav Infrastructures Private Limited, Raja Mechanical Company Private Limited, Futuristic Remedies Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Jithin Raj was appointed as Director on 20 Nov 2018. Vinai Senthil Thangaraj was appointed as Director on 20 Nov 2018.
The registered office of Worcoft Spaces is at No 114 16th A Main 4th Cross Kormangala 4th Block, Bangalore, Karnataka, India – 560034.