Space Incubtrs Tech.
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Space Incubatrics Technologies has been admitted into corporate insolvency resolution proceedings by the National Company Law Tribunal, Allahabad Bench, following a petition by lender Avail Financial Services Limited. The tribunal's order, dated June 10, 2026, found that the company defaulted on a loan of ₹1.19 crore advanced in January 2025, with the default recorded on July 12, 2025. Avail Financial Services, an NBFC, had filed the petition under Section 7 of the Insolvency and Bankruptcy Code. The NCLT appointed Dinesh Chander Gupta as the Interim Resolution Professional and declared a moratorium on all legal proceedings against the company. The powers of the board of directors have been suspended and vested with the IRP, who will invite claims from creditors by June 24, 2026.
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Space Incubatrics Technologies has been admitted into corporate insolvency resolution proceedings by the National Company Law Tribunal, Allahabad Bench, following a petition by lender Avail Financial Services Limited. The tribunal's order, dated June 10, 2026, found that the company defaulted on a loan of ₹1.19 crore advanced in January 2025, with the default recorded on July 12, 2025. Avail Financial Services, an NBFC, had filed the petition under Section 7 of the Insolvency and Bankruptcy Code. The NCLT appointed Dinesh Chander Gupta as the Interim Resolution Professional and declared a moratorium on all legal proceedings against the company. The powers of the board of directors have been suspended and vested with the IRP, who will invite claims from creditors by June 24, 2026.
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What does Space Incubtrs Tech. do?
Space Incubatrics Technologies Limited has been incorporated with the objects to develop and or get developed data communications services, incubation facilities, training and value added services in the field of app development. The company now intends to start activity in the field of Textile Sector and Trading activities in all type of goods.
Who are the competitors of Space Incubtrs Tech.?
Space Incubtrs Tech. major competitors are Tranway21 Technolog., PS IT Infrastructure, Jointeca Education, Wherrelz IT Solution, Nihar Info Global, Omni AxS Software, Koiya International. Market Cap of Space Incubtrs Tech. is ₹6 Crs. While the median market cap of its peers are ₹6 Crs.
Is Space Incubtrs Tech. financially stable compared to its competitors?
Space Incubtrs Tech. seems to be less financially stable compared to its competitors. Altman Z score of Space Incubtrs Tech. is 0 and is ranked 5 out of its 8 competitors.
Does Space Incubtrs Tech. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Space Incubtrs Tech. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Space Incubtrs Tech. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Space Incubtrs Tech. balance sheet?
Space Incubtrs Tech. balance sheet is weak and might have solvency issues
Is the profitablity of Space Incubtrs Tech. improving?
The profit is oscillating. The profit of Space Incubtrs Tech. is -₹0.13 Crs for Mar 2025, ₹0.02 Crs for Mar 2024 and -₹32.28 Crs for Mar 2023
Is the debt of Space Incubtrs Tech. increasing or decreasing?
Yes, The net debt of Space Incubtrs Tech. is increasing. Latest net debt of Space Incubtrs Tech. is ₹0.77 Crs as of Mar-25. This is greater than Mar-24 when it was -₹0.11 Crs.
Is Space Incubtrs Tech. stock expensive?
Space Incubtrs Tech. is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Space Incubtrs Tech. is 1557, while 3 year average PE is 56.44. Also latest EV/EBITDA of Space Incubtrs Tech. is 0.0 while 3yr average is 0.11.
Has the share price of Space Incubtrs Tech. grown faster than its competition?
Space Incubtrs Tech. has given better returns compared to its competitors. Space Incubtrs Tech. has grown at ~-12.49% over the last 4yrs while peers have grown at a median rate of -14.59%
Is the promoter bullish about Space Incubtrs Tech.?
There is Insufficient data to gauge this.
Are mutual funds buying/selling Space Incubtrs Tech.?
There is Insufficient data to gauge this.