About Workspace Metal Solutions Private Limited
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Workspace Metal Solutions Private Limited is a private limited company based in Udaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U28112RJ2011PTC034137. Its GSTIN is 08AAFCP8823J1Z0 (Rajasthan).
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹25.92 Cr. It was formerly known as Pyrotech Metal Works Private Limited and Pyrotech Metalspace Solutions Private Limited. It is led by directors Puneet Talesara and Kanishka Talesara.
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 B – 437 – 438 Road No. 18A Bhamashah Industrial Area Kaladwas, Udaipur, Rajasthan, India – 313002.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.83 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹8.71 Cr (net margin 16.8%) and EBITDA of ₹14.47 Cr (EBITDA margin 27.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 40% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.1 Cr and satisfied charges of ₹31.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pyrotechworkspace.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 437 – 438 Road No. 18A Bhamashah Industrial Area Kaladwas, Udaipur, Rajasthan, India – 313002
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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
Name History of Workspace Metal Solutions Private Limited
Workspace Metal Solutions has undergone 2 name changes throughout its history. The company was previously known as Pyrotech Metal Works Private Limited, and Pyrotech Metalspace Solutions Private Limited. The current legal name is Workspace Metal Solutions Private Limited.
| Company Name | Status |
|---|---|
| Workspace Metal Solutions Private Limited | Current |
| Pyrotech Metal Works Private Limited | Previous |
| Pyrotech Metalspace Solutions Private Limited | Previous |
Business Activity of Workspace Metal Solutions Private Limited
The main business activity of Workspace Metal Solutions is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | 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.
Auditor Details of Workspace Metal Solutions Private Limited
Workspace Metal Solutions Private Limited is audited by BANSILAL SHAH & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BANSILAL SHAH & CO. | 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 Workspace Metal Solutions Private Limited
Workspace Metal Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Talesara Also directs: Koel Tieup Limited Liability Partnership, Mahabaleswari Vanijya LLP, Arch Vyapaar LLP and 5 more | Director | 11 Feb 2011 | 15 Years 7 Months | Current |
| Kanishka Talesara Also directs: Koel Tieup Limited Liability Partnership, Mahabaleswari Vanijya LLP, Arch Vyapaar LLP and 5 more | Director | 16 Dec 2013 | 12 Years 9 Months | Current |
Financials of Workspace Metal Solutions Private Limited FY 2025 filings available
Workspace Metal Solutions Private Limited reported revenue of ₹51.83 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Workspace Metal Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 20% growth in the latest year. EBITDA rose 170% 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 Workspace Metal Solutions 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 | ₹14.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.71 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 of Workspace Metal Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.8% | •••• | •••• | •••• | •••• |
| 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 Workspace Metal Solutions 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.
Ownership and Shareholding of Workspace Metal Solutions 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 Workspace Metal Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2024 | Hdfc Bank Limited | ₹10.01 Lakh | Open |
| 18 Jan 2022 | Hdfc Bank Limited | ₹11 Cr | Open |
| 20 Sep 2022 | Others | ₹84.96 Lakh | Satisfied |
| 30 Jun 2020 | Canara Bank | ₹25 Lakh | Satisfied |
| 19 May 2018 | Yes Bank Limited | ₹19.8 Lakh | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Workspace Metal Solutions Private Limited
Workspace Metal Solutions Private Limited has a workforce of 50 employees as of Apr 06, 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.
GST Compliance of Workspace Metal Solutions Private Limited
Workspace Metal Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCP8823J1Z0 | 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.
Credit Ratings, Litigation & Regulatory Alerts for Workspace Metal Solutions 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 Workspace Metal Solutions 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 Workspace Metal Solutions 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.
MCA Filings & Documents of Workspace Metal Solutions 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.
Recent Activity on Workspace Metal Solutions Private Limited
Frequently Asked Questions about Workspace Metal Solutions Private Limited
Workspace Metal Solutions is an active private limited company based in Udaipur, Rajasthan, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 February 2011 (15+ years old) and is registered under CIN U28112RJ2011PTC034137.
Workspace Metal Solutions reported revenue of ₹51.83 Cr for FY 2025 (up 20% YoY).
Workspace Metal Solutions has 2 current directors:
- Puneet Talesara - Director
- Kanishka Talesara - Director
Workspace Metal Solutions reported a net profit of ₹8.71 Cr (net margin 16.8%) and EBITDA of ₹14.47 Cr (EBITDA margin 27.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Workspace Metal Solutions is 17% over three years and 40% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Workspace Metal Solutions is 08AAFCP8823J1Z0, registered in Rajasthan.
The CIN (Corporate Identification Number) of Workspace Metal Solutions is U28112RJ2011PTC034137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Workspace Metal Solutions was incorporated on 11 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
Yes, Workspace Metal Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).