
About Piscis Networks Private Limited
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Piscis Networks Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the telecom network support segment of the telecommunications sector. It was incorporated on 14 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC363941. Its GSTIN is 27AAMCP1336K1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.59 Lakh. It is led by directors including Raghunath Balkrishna Lokegaonkar and Mandar Raghunath Lokegaonkar.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.33 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 16.1%) and EBITDA of ₹3.36 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 495% over three years.
The company is associated with 1 brand: Piscis Networks. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in June 2023.
Piscis Networks Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0078811). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piscisnetworks.com.
Company details
Recognitions & Rankings of Piscis Networks
- Udyam number
- UDYAM-MH-19-0078811
Contact details
Piscis Networks Private Limited's registered office is in Thane, Maharashtra. Its website is piscisnetworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Nelco Limited 1st Floor El – 6 Ttc Industrial Area, Electronics Zone MIDC Mahape Navi Mumbai, Thane, Maharashtra, India – 400710
- IndustryTelecom, Telecom Network Support, Telecom Equipment & Tech Solutions
To see the full contact details of Piscis Networks Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Piscis Networks operates one associated brand: Piscis Networks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Network infrastructure services are provided by Piscis Networks in India. | piscisnetworks.com |
Business activity
The main business activity of Piscis Networks is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Piscis Networks Private Limited, buy the company report.
Financials of Piscis Networks Private Limited
FY 2025 filings availablePiscis Networks Private Limited reported revenue of ₹14.33 Cr (up 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 495% over three years, including 73% growth in the latest year. EBITDA rose 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹3.36 Cr | |||
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| Net Profit (PAT) | ₹2.31 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 23.5% | |||
| Net Profit Margin | 16.1% | |||
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To see the full financial statements and ratios of Piscis Networks Private Limited, buy the company report.
Board of directors of Piscis Networks Private Limited
Piscis Networks has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunath Balkrishna Lokegaonkar | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
| Mandar Raghunath Lokegaonkar | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
| Pradip Jyoti Nath | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Ramakrishnan Lakshminarayan Also directs: Gama Packaging Private Limited | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
| Malav Shah Also directs: Technopolis Knowledge Park Limited | Director | 10 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Piscis Networks Private Limited is audited by DURGA KRISHNAMURTHY AND ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURGA KRISHNAMURTHY AND ASSOCIATES LLP | FY 2023 | S000019 |
Shareholding
The shareholding of Piscis Networks Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Piscis Networks Private Limited, buy the company report.
Deals & funding
Piscis Networks Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in June 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Funding round | ₹1 Cr | Investors: Nelco Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Piscis Networks Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Piscis Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Piscis Networks Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Piscis Networks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCP1336K1Z5 | Maharashtra | Active | 16 Aug 2021 |
To see the full GST registrations and return filing status of Piscis Networks Private Limited, buy the company report.
Recent activity
Piscis Networks Private Limited has 8 board changes on record since 2021: 5 appointments and 3 cessations. The latest: Malav Shah ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Piscis Networks is an active private limited company based in Thane, Maharashtra, India. The company works in telecom network support, within the telecom industry. It was incorporated on 14 July 2021 (5+ years old) and is registered under CIN U72900MH2021PTC363941.
Piscis Networks has 5 current directors:
- Raghunath Balkrishna Lokegaonkar - Director
- Mandar Raghunath Lokegaonkar - Director
- Pradip Jyoti Nath - Director
- Ramakrishnan Lakshminarayan - Director
- Malav Shah - Director
The latest financial statements of Piscis Networks on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Piscis Networks is 27AAMCP1336K1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Piscis Networks is U72900MH2021PTC363941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piscis Networks was incorporated on 14 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Piscis Networks has 1 deal on record (1 funding round), with disclosed funding of ₹1 Cr; the latest was in June 2023.
Malav Shah ceased to be Additional Director on 29 Sep 2023. Pradip Jyoti Nath ceased to be Additional Director on 29 Sep 2023. Ramakrishnan Lakshminarayan ceased to be Additional Director on 29 Sep 2023. Piscis Networks has 8 board changes on record in total.
Yes, Piscis Networks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Piscis Networks is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0078811).

