Company Intelligence Profile
Springhouse Coworking Private Limited
Gurugram-based coworking and managed-office operator (brand "SpringHouse") running 25+ centres across Delhi NCR and Jaipur.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Springhouse Coworking
Deeper analysis, financial signals and peer comparisons.
Company Identity
Confirmed| Registered name | Springhouse Coworking Private Limited |
|---|---|
| CIN | U70109HR2016PTC065647 |
| PAN | AAXCS5428G. 4th character "C" is consistent with a company PAN. |
| Status | Active (Compliant with RoC) |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 05 September 2016 |
| ROC | Falconebiz and Tofler say "RoC-Haryana" |
| Sector (NIC) | Real Estate and Renting — NIC/activity code U70109, "Real estate activities with own or leased property" / business-centre & coworking-space operation. |
| Registered address | LG006/LG-006, Grand Mall (DLF Grand Mall), MG Road, Gurugram, Haryana – 122001. |
| Authorized capital | ₹3,00,00,000 (₹3.0 crore). |
| Paid-up capital | ₹1,50,000 (₹1.5 lakh). |
Business Overview
Confirmed- Operates under the brand "SpringHouse" — a managed-office and coworking-space provider headquartered in Gurugram
- Per the company's own website (springhouse.in): 25+ centres across Gurugram (17), Delhi (6), Noida (2) and Jaipur (1)
- 1,000,000+ sq ft of workspace
- 300+ organisations and 11,000+ members served; offerings include coworking desks, private cabins, virtual offices, managed offices, meeting rooms and event spaces
- Founded 2016
- MCA filings show only 8 employees on rolls as of March 2024, indicating an asset-light/franchise-style operating model relative to its stated footprint
Directors
ConfirmedConfirmed by 2 independent sources (Tofler, Falconebiz), both listing identical DINs:
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Neelam Pasricha | 00666997 | - | 05 Sep 2016 |
| Mukul Pasricha | 01753092 | - | 05 Sep 2016 |
Financials
Partial / conflictingStandalone MCA-filing-derived figures, single-source unless noted — treat as partial confidence pending a second corroborating source:
- FY2025 revenue: ₹63.85 crore (+19% YoY) — TheCompanyCheck
- Tofler (separately) shows FY2023 operating revenue in the "₹50–75 cr" band, with YoY revenue growth of 69.96%, EBITDA growth 63.88%, PAT change −5.26%, assets growth 36.47%, debt-to-equity ratio 0.73 — exact absolute EBITDA/PAT/net-worth figures are paywalled ("GET PRO").
- Employees: 8 as of 31 March 2024
- Net worth, exact PAT/EBITDA in rupee terms: not obtained (paywalled on all three aggregators)
- No standalone vs consolidated distinction stated in any source (company has no disclosed subsidiaries, so likely standalone).
Funding
Confirmed- No institutional equity funding rounds found
- Growth appears debt-funded (see Charges) and via retained earnings/promoter capital, consistent with paid-up capital of only ₹1.5 lakh
Charges/Loans
Partial / conflicting- TheCompanyCheck/Tofler show 3 open charges totaling ₹34.58 crore, no satisfied charges: ₹4.58 cr (25 Sep 2025), ₹10 cr (25 Sep 2025), ₹20 cr (18 Jul 2023) — lender listed only as "Others" (not named).
- A separate web search result states "1 loan from ICICI Bank Limited, total disclosed borrowing of over ₹26.4 crore" — this figure and lender name could not be independently verified on Tofler/TheCompanyCheck and per the known Tracxn-reliability trap (stale/pre-acquisition data risk) is treated with lower confidence. Reporting both; recommend treating the Tofler/TheCompanyCheck ₹34.58 cr figure as primary.
Competitors
ConfirmedCoworking/managed-office peers (mix of scale, from web-search aggregation of "similar companies" listings):
- WeWork India — large, funded, listed (IPO'd on NSE/BSE in 2025)
- Awfis Space Solutions Pvt Ltd — large, listed on NSE/BSE
- Smartworks Coworking Spaces Pvt Ltd — large, IPO-track, pan-India
- Table Space — large, well-funded ($402M raised across 5 rounds, latest Series D Aug 2024)
- 91springboard — mid-size, multi-city
- BHIVE Workspace — mid-size, Bengaluru-anchored, expanding
- myHQ (Reliance-backed workspace aggregator) — mid-size, aggregator model
Springhouse itself is small-scale relative to these (₹60–75 cr revenue band, single-region NCR+Jaipur footprint, no institutional funding).
Frequently Asked Questions
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