Spaze Towers Private Limited

Develops and manages properties for residential and commercial use.

2006 | Gurugram, Haryana (India) | Under Insolvency
Last Updated: January 18, 2025

Spaze Towers Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 19.80 Cr
  • Company Age 19 Year, 27 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.66 Cr
  • Satisfied Charges ₹ 181.78 Cr
  • Revenue Growth -47.80%
  • Profit Growth 53.35%
  • Ebitda 51.51%
  • Net Worth -155.84%
  • Total Assets -1.24%

About Spaze Towers

Spaze Towers Private Limited (STPL) is Under Cirp company established on 27 Jan 2006 with its office registered at Gurugram, Haryana, India and has been running since 19 Year, 27 Days with a paid up capital of 19.80 Cr. According to MCA records, 6 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    spazegroups.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201HR2006PTC096709

  • Company No.

    145529

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

Who are the key members and board of directors at Spaze Towers?

Executive Team (1)

NameDesignationAppointment DateStatus
Meenakshi Saini Company Secretary06-Jun-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Jaspal Chawla Country flag representing In Director 27-Jan-2006Current
Bharat Bhushan Country flag representing In Director 12-Mar-2007Current
Harpal Chawla Country flag representing In Director 12-Mar-2007Current
Vipin Sharma Country flag representing In Director 12-Mar-2007Current
Aman Sharma Country flag representing In Director 08-Jul-2006Current
Deepak Kumar Country flag representing In Director 15-Jul-2006Current

Financial Performance of Spaze Towers.

Spaze Towers Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 47.8% decrease. The company also saw a substantial improvement in profitability, with a 53.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 155.84%.

Graph illustrating revenue growth over time
Graph showing 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
-47.80%
Revenue from Operations
-49.14%
Total Assets
-1.24%
Profit or Loss
53.35%
Net Worth
-155.84%
EBITDA
51.51%

What is the Ownership and Shareholding Structure of Spaze Towers?

In 2022, Spaze Towers had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.66 Cr

Satisfied Charges

₹181.78 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 19.57 Cr
  • Others : 10.09 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 2023Others₹3.01 CrOpen
16 Mar 2023Others₹4.00 CrOpen
31 Jan 2023Others₹3.00 CrOpen
15 Feb 2021Others₹0.81 MOpen
22 Oct 2010Axis Bank Limited₹19.57 CrOpen

How Many Employees Work at Spaze Towers?

Spaze Towers has a workforce of 32 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Spaze Towers, 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 Spaze Towers'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 Spaze Towers

Recent activity within the organization

  • Annual General Meeting

    Spaze Towers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 19.57 Cr registered on 22 Oct 2010 with Charge ID 10251561 was modified on 04 Jul 2023.

    04 Jul 2023

  • Director Appointment

    Meenakshi Saini was appointed as a Company Secretary was appointed as a Company Secretary on 06 Jun 2023 & has been associated with this company since 1 year 8 months .

    06 Jun 2023

  • Charges

    A charge registered on 30 Oct 2020 via Charge ID 100391282 with Others was fully satisfied on 17 Apr 2023.

    17 Apr 2023

  • Charges

    A charge registered on 13 Apr 2018 via Charge ID 100168650 with Others was fully satisfied on 17 Apr 2023.

    17 Apr 2023

  • Balance Sheet

    Spaze Towers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Spaze Towers Private Limited was incorporated on 27 Jan 2006.

  • The authorized share capital of Spaze Towers Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 19.80 Cr.

  • Currently 7 directors are associated with Spaze Towers Private Limited.

    • Bharat Kumar Bhushan
    • Jaspal Singh Chawla
    • Harpal Singh Chawla
    • Vipin Sharma
    • Meenakshi Saini
    • Aman Sharma
    • Deepak Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spaze Towers Private Limited is Units No. 714 To 724 And 726-726A, 7Th Floor Spaze Platinum Tower Sector 47 Gurugram India, Dlf Qe, Haryana, 122002.

  • The corporate identification number (CIN) of Spaze Towers Private Limited is U45201HR2006PTC096709 and the company number is 145529 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spaze Towers Private Limited is https://www.spazegroups.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Spaze Towers Private Limited has fallen by -47.80%.

  • As Per 2021 financial reports, 32 employees are currently employed by Spaze Towers Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Spaze Towers Private Limited has experienced an downturn of -155.84%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Spaze Towers Private Limited amount to ₹ 29.66 Cr.

  • The most recent Balance Sheet for Spaze Towers Private Limited was filed with the ROC on 31 Mar 2023.

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