Company Intelligence Profile
Coconut Spaces Private Limited
Goa-based private company operating the NomadGao coliving-and-coworking community brand for digital nomads.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Coconut Spaces Private Limited |
|---|---|
| CIN | U55101GA2020PTC014458 |
| PAN | AAICC8840M (source: Tofler; consistent with GSTIN 30AAICC8840M1ZG) |
| Status | Active (unlisted private company) |
| Listing | No — unlisted private limited company |
| Incorporated | 12 August 2020 |
| ROC | RoC-Goa |
| Sector (NIC) | NIC 55101 — Short-term / hotel & hospitality accommodation services ("Hotels & Restaurants"). Operationally a coliving + coworking community operator. |
| Registered address | H. No. 1160-3, Mazal Waddo, Anjuna, Mapusa B, Anjuna, Bardez, North Goa, Goa - 403509 (source: Tofler, TheCompanyCheck) |
| Authorized capital | ₹2.00 Lakh (source: Tofler, TheCompanyCheck) |
| Paid-up capital | ₹1.29 Lakh (source: Tofler, TheCompanyCheck) |
Business Overview
Confirmed- Coconut Spaces Private Limited operates under the consumer brand "NomadGao", a remote coliving and coworking community for digital nomads and remote workers in India (flagship presence in Anjuna/Assagao, Goa, with community outposts in other Indian destinations)
- Offering spans private rooms, villas, studio and budget rooms bundled with coworking facilities (high-speed internet, power backup, all-day access) plus curated community experiences
- Founded by Mayur Sontakke (brand traces its start to 2019)
- Typical guest spend reportedly upwards of ₹50,000/month
- the company markets an "Anywhere Pass" product
- Sources: nomadgao.com, Tracxn, Rest of World reporting
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Mayur Satish Sontakke | 08831879 | - | - |
GST
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 30AAICC8840M1ZG | Goa | AAICC8840M (source: Tofler; consistent with GSTIN 30AAICC8840M1ZG) | Active |
Primary GSTIN: 30AAICC8840M1ZG (Goa, state code 30). Home state: Goa. PAN: AAICC8840M. GST registered: 05 October 2021. Status: Active. Number of registrations: 1 (single Goa registration found). Sources: Masters India, KnowYourGST/company GST listings (2 sources agree; PAN embedded in GSTIN matches Tofler PAN).
Financials
Partial / conflicting- Standalone (no subsidiaries known)
- Latest available: FY2024 (year ended 31 Mar 2024) total revenue ≈ ₹1.33 Cr, ~38% YoY growth (source: TheCompanyCheck)
- Earlier FY (Mar 2022 basis, Tofler): revenue under ₹1 Cr with +130.89% YoY growth, operating margin 17.47%, net profit margin 22.27%, debt-to-equity 2.01
- EBITDA, PAT, net worth and borrowings in absolute terms are behind paywalls -> not obtained (partial)
- Latest financial statements reportedly filed for year ended 31 Mar 2025
Funding
Partial / conflicting- Angel/accelerator-stage
- Total raised ≈ US$146K across ~6 rounds
- lead/investor: build3 (impact accelerator)
- Latest disclosed: Angel round on 15 June 2023 for ≈ US$62.3K (1 investor)
- Post-money valuation cited at ≈ ₹13.2 Cr. Sources: Tracxn (round names/values), Crunchbase/PitchBook profiles
- Note: private-market estimates
- not from MCA filings
Charges & Loans
ConfirmedNo registered charges on assets found (sources: Tofler, TheCompanyCheck) — the company reports no open secured borrowings/charges.
Competitors
Confirmed- Indian coliving / coworking / nomad-hospitality peers: Zostel (Zo World) — large
- The Hosteller — mid (BSE SME-listed)
- goStops — mid
- Moustache Escapes — mid
- BeUnsettled / Selina — global (larger)
- NomadGao itself is early/small-scale by comparison
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