Terraspace Enterprise Private Limited

Construction and property development company with completed projects in Chennai, Bangalore, and Coimbatore.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Terraspace Enterprise Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.68 Cr
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 37.00 Cr
  • Revenue Growth -41.22%
  • Profit Growth -1338.13%
  • Ebitda -499.11%
  • Net Worth -107.47%
  • Total Assets -15.93%

About Terraspace Enterprise

Terraspace Enterprise Private Limited (TEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 September 2006 and has a history of 18 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Vasavhi Foundations Private Limited. 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 2018. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 2.68 Cr.

The company has closed loans amounting to ₹37.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Balaguruaiya Sureshbabu and Revathi Suresh serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200TN2006PTC061063

  • Company No.

    061063

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2006

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Terraspace Enterprise?

Executive Team (1)

Name Designation Appointment Date Status
Balaguruaiya Sureshbabu Country flag representing In Managing Director 09-Sep-2006 Current

Board Members (1)

Name Designation Appointment Date Status
Revathi Suresh Country flag representing In Additional Director 08-Feb-2020 Current

Financial Performance of Terraspace Enterprise.

Terraspace Enterprise Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 41.22% decrease. The company also saw a substantial fall in profitability, with a 1338.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 107.47%.

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
-41.22%
Revenue from Operations
-41.58%
Total Assets
-15.93%
Profit or Loss
-1338.13%
Net Worth
-107.47%
EBITDA
-499.11%

What is the Ownership and Shareholding Structure of Terraspace Enterprise?

In 2017, Terraspace Enterprise had a promoter holding of 55.87% and a public holding of 44.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹37.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 37.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Sep 2015 State Bank Of India ₹9.20 Cr Satisfied
19 Aug 2014 State Bank Of India ₹9.80 Cr Satisfied
10 Dec 2010 State Bank Of India ₹12.00 Cr Satisfied
12 Mar 2008 State Bank Of India ₹6.00 Cr Satisfied

How Many Employees Work at Terraspace Enterprise?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Terraspace Enterprise, 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 Terraspace Enterprise'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 Terraspace Enterprise

Recent activity within the organization

  • Charges

    A charge registered on 19 Aug 2014 via Charge ID 10523250 with State Bank Of India was fully satisfied on 19 Jul 2021.

    19 Jul 2021

  • Charges

    A charge registered on 10 Dec 2010 via Charge ID 10261475 with State Bank Of India was fully satisfied on 19 Jul 2021.

    19 Jul 2021

  • Charges

    A charge registered on 12 Mar 2008 via Charge ID 10094292 with State Bank Of India was fully satisfied on 19 Jul 2021.

    19 Jul 2021

  • Charges

    A charge registered on 22 Sep 2015 via Charge ID 100333286 with State Bank Of India was fully satisfied on 19 Apr 2021.

    19 Apr 2021

  • Director Appointment

    Revathi Suresh was appointed as a Additional Director was appointed as a Additional Director on 08 Feb 2020 & has been associated with this company since 5 years .

    08 Feb 2020

  • Annual General Meeting

    Terraspace Enterprise Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

Frequently asked questions

  • Terraspace Enterprise Private Limited was incorporated on 09 Sep 2006.

  • The authorized share capital of Terraspace Enterprise Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.68 Cr.

  • Currently 2 directors are associated with Terraspace Enterprise Private Limited.

    • Balaguruaiya Sureshbabu
    • Revathi Suresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Terraspace Enterprise Private Limited is 4 I Cross Street Cit Colony Mylapore India, Chennai, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of Terraspace Enterprise Private Limited is U45200TN2006PTC061063 and the company number is 061063 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Terraspace Enterprise Private Limited is https://www.terraspace.in

  • According to the financial reports for the fiscal year 2017, the revenue trend for Terraspace Enterprise Private Limited has fallen by -41.22%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Terraspace Enterprise Private Limited has experienced an downturn of -107.47%.

  • The most recent Balance Sheet for Terraspace Enterprise Private Limited was filed with the ROC on 31 Mar 2018.

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