About Workspace Business Services Private Limited
Data last updated:
Workspace Business Services 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 05 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2016PTC085841. Its GSTIN is 29AACCF7475R1ZN (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Flexy Property Solutions Private Limited. It is led by directors Sonia Sharma and Rahul Agrawal.
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 Bagamanne Pallavi Tower No. 20 1st Cross Sampangiramanagar, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.04 Cr. For the same year it recorded a net profit of ₹1.02 Cr (net margin 11.3%) and EBITDA of ₹1.61 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 61% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Workspace. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website workspace.in.
Company details
Contact details
Workspace Business Services Private Limited's registered office is in Bangalore, Karnataka. Its website is workspace.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBagamanne Pallavi Tower No. 20 1st Cross Sampangiramanagar, Bangalore, Karnataka, India – 560027
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Workspace Business Services 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
Workspace Business Services operates one associated brand: Workspace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Managed co-working spaces are provided for freelancers and startups. | workspace.in |
Business activity
The main business activity of Workspace Business Services is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Workspace Business Services Private Limited, buy the company report.
Financials of Workspace Business Services Private Limited
FY 2025 filings availableWorkspace Business Services Private Limited reported revenue of ₹9.04 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years. 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
| 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 | ₹1.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.02 Cr | ||||
| 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 | 17.8% | ||||
| Net Profit Margin | 11.3% | ||||
| 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 Workspace Business Services Private Limited, buy the company report.
Board of directors of Workspace Business Services Private Limited
Workspace Business Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonia Sharma Also directs: Productive Offices India LLP, Aloha Spaces LLP, Worksprout Offices India LLP and 2 more | Director | 16 Mar 2022 | 4 Years 7 Months | Current |
| Rahul Agrawal Also directs: Productive Offices India LLP, Aloha Spaces LLP, Worksprout Offices India LLP and 3 more | Director | 05 Feb 2016 | 10 Years 9 Months | Current |
Auditor
Workspace Business Services Private Limited is audited by MDA & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MDA & Co | FY 2023 | 012023S |
Shareholding
The shareholding of Workspace Business Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Workspace Business Services Private Limited, buy the company report.
Deals & funding
Workspace Business Services Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Workspace Business Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Workspace Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Workspace Business Services Private Limited has a workforce of 4 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 4 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Workspace Business Services Private Limited, buy the company report.
GST
Workspace Business Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF7475R1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Workspace Business Services Private Limited, buy the company report.
Recent activity
Workspace Business Services Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Sonia Sharma ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Workspace Business Services 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 05 February 2016 (10+ years old) and is registered under CIN U70100KA2016PTC085841.
Workspace Business Services has 2 current directors:
- Sonia Sharma - Director
- Rahul Agrawal - Director
The latest financial statements of Workspace Business Services 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 2016 are in the company report.
The GSTIN of Workspace Business Services is 29AACCF7475R1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Workspace Business Services is U70100KA2016PTC085841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workspace Business Services was incorporated on 05 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Workspace Business Services has 1 deal on record (1 secondary share transfer); the latest was in September 2018.
Sonia Sharma ceased to be Additional Director on 30 Sep 2022. Ramakanth Sharma ceased to be Director on 16 Mar 2022. Sonia Sharma was appointed as Director on 16 Mar 2022. Workspace Business Services has 4 board changes on record in total.
Workspace Business Services can be reached through the website workspace.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Workspace Business Services is at Bagamanne Pallavi Tower No. 20 1st Cross Sampangiramanagar, Bangalore, Karnataka, India – 560027.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
