Ornate Spaces Private Limited

Develops commercial and residential projects, including 'The Grove Towers' in Mumbai.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ornate Spaces Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 658.56 Cr
  • Satisfied Charges ₹ 256.00 Cr
  • Revenue Growth -46.71%
  • Profit Growth 32.86%
  • Ebitda -245.38%
  • Net Worth -48.41%
  • Total Assets 25.25%

About Ornate Spaces

Ornate Spaces Private Limited (OSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 June 2009 and has a history of 15 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.01 Cr.

The company currently has active open charges totaling ₹658.56 Cr. The company has closed loans amounting to ₹256.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ornate Spaces Private Limited India is Gagandeep Alag as COMPANY SECRETARY. Nagamallesh Gattu and Hrittek Sureka serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200MH2009PTC193202

  • Company No.

    193202

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 2009

  • Date of AGM

    26 Oct 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Ornate Spaces?

Executive Team (1)

NameDesignationAppointment DateStatus
Gagandeep Alag Company Secretary29-Oct-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Nagamallesh Gattu Country flag representing In Additional Director 29-Oct-2024Current
Hrittek Sureka Additional Director 29-Oct-2024Current

Financial Performance of Ornate Spaces.

Ornate Spaces Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 46.71% decrease. The company also saw a substantial improvement in profitability, with a 32.86% increase in profit. The company's net worth observed a substantial decline by a decrease of 48.41%.

Ornate Spaces revenue growth over time
Ornate Spaces profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-46.71%
Revenue from Operations
Total Assets
25.25%
Profit or Loss
32.86%
Net Worth
-48.41%
EBITDA
-245.38%

What is the Ownership and Shareholding Structure of Ornate Spaces?

In 2017, Ornate Spaces had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹658.56 Cr

Satisfied Charges

₹256.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 578.50 Cr
  • Idbi Trusteeship Services Limited : 80.06 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 2019Others₹28.50 CrOpen
25 Jan 2018Others₹550.00 CrOpen
29 Jun 2016Idbi Trusteeship Services Limited₹30.00 CrOpen
29 Jun 2016Idbi Trusteeship Services Limited₹30.00 CrOpen
22 Sep 2015Idbi Trusteeship Services Limited₹20.06 CrOpen

How Many Employees Work at Ornate Spaces?

Unlock and access historical data on people associated with Ornate Spaces, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ornate Spaces Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ornate Spaces, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ornate Spaces's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ornate Spaces

Recent activity within the organization

  • Director Appointment

    Nagamallesh Gattu was appointed as a Additional Director was appointed as a Additional Director on 29 Oct 2024 & has been associated with this company since 5 months 2 days .

  • Director Appointment

    Hrittek Raakeshh Sureka was appointed as a Additional Director was appointed as a Additional Director on 29 Oct 2024 & has been associated with this company since 5 months 2 days .

  • Director Appointment

    Gagandeep Singh Alag was appointed as a Company Secretary was appointed as a Company Secretary on 29 Oct 2024 & has been associated with this company since 5 months 2 days .

  • Annual General Meeting

    Ornate Spaces Private Limited last Annual general meeting of members was held on 26 Oct 2024 as per latest MCA records.

  • Balance Sheet

    Ornate Spaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 30.00 Cr registered on 29 Jun 2016 with Charge ID 100042978 was modified on 27 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Ornate Spaces Private Limited?

    Ornate Spaces Private Limited was incorporated on 10 Jun 2009.

  • What is authorized share capital and paid-up capital of Ornate Spaces Private Limited?

    The authorized share capital of Ornate Spaces Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.01 Cr.

  • Who are the current board members & directors of Ornate Spaces Private Limited?

    Currently 3 directors are associated with Ornate Spaces Private Limited.

    • Nagamallesh Gattu
    • Hrittek Raakeshh Sureka
    • Gagandeep Singh Alag
  • What is the registered address of Ornate Spaces Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ornate Spaces Private Limited is 774 Ornate Galaxy Tilak Road Parsi Colony, Dadar East India, Mumbai, Maharashtra, 400014.

  • What is the corporate identification number (CIN) and company number of Ornate Spaces Private Limited?

    The corporate identification number (CIN) of Ornate Spaces Private Limited is U45200MH2009PTC193202 and the company number is 193202 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ornate Spaces Private Limited?

    The Official website of Ornate Spaces Private Limited is https://www.ornatespaces.com

  • What has been the recent revenue trend for Ornate Spaces Private Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Ornate Spaces Private Limited has fallen by -46.71%.

  • What change has been observed in the net worth of Ornate Spaces Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Ornate Spaces Private Limited has experienced an downturn of -48.41%.

  • What are the total open charges for Ornate Spaces Private Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Ornate Spaces Private Limited amount to ₹ 658.56 Cr.

  • When was the last Balance Sheet of Ornate Spaces Private Limited filed with the ROC?

    The most recent Balance Sheet for Ornate Spaces Private Limited was filed with the ROC on 31 Mar 2023.

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