
About Exseed Space Innovations Private Limited
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Exseed Space Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 24 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29304MH2017PTC294218. Its GSTIN is 27AAECE6212H1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.7 Cr. It is led by directors Ashhar Farhan and Mahesh Murthy.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 37 – B Perry Cross Road Bandra (West) Opp.Delite Apt, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹16 Lakh. For the same year it recorded a net profit of ₹5.07 Lakh (net margin 31.7%) and EBITDA of ₹9.82 Lakh (EBITDA margin 61.4%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 8% over five years.
The company is associated with 1 brand: Satellize. The company has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.2 Cr; the latest was in December 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satellize.com.
Company details
Recognitions & Rankings of Exseed Space Innovations
Contact details
Exseed Space Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its website is satellize.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 37 – B Perry Cross Road Bandra (West) Opp.Delite Apt, Mumbai, Maharashtra, India – 400050
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Exseed Space Innovations 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
Exseed Space Innovations operates one associated brand: Satellize. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of satellites | satellize.com |
Financials of Exseed Space Innovations Private Limited
FY 2025 filings availableExseed Space Innovations Private Limited reported revenue of ₹16 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years. EBITDA rose 210% 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 | FY 2020-21 |
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| EBITDA | ₹9.82 Lakh | ||||
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| Net Profit (PAT) | ₹5.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 61.4% | ||||
| Net Profit Margin | 31.7% | ||||
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To see the full financial statements and ratios of Exseed Space Innovations Private Limited, buy the company report.
Board of directors of Exseed Space Innovations Private Limited
Exseed Space Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashhar Farhan Also directs: Exseed Electron Advisors LLP, Deccan Family LLP, Spacebound Exploration Technologies Private Limited and 4 more | Director | 24 Apr 2017 | 9 Years 5 Months | Current |
| Mahesh Murthy Also directs: Seedfund Advisors LLP, Mahesh Murthy Advisors LLP, Exseed Electron Advisors LLP and 3 more | Director | 24 Apr 2017 | 9 Years 5 Months | Current |
Auditor
Exseed Space Innovations Private Limited is audited by GMJ & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMJ & Co | FY 2024 | 103429W |
Shareholding
The shareholding of Exseed Space Innovations Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Exseed Space Innovations Private Limited, buy the company report.
Deals & funding
Exseed Space Innovations Private Limited has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.2 Cr; the latest was in December 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Rights issue | ₹1.73 Cr | Investors: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2019 | Funding round | ₹1.7 Cr | Investors: 4 individuals |
| Apr 2019 | Funding round | ₹50 Lakh | Investors: an individual |
| Aug 2017 | Rights issue | ₹77.5 Lakh | Investors: 2 individuals |
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 Exseed Space Innovations 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 Exseed Space Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Exseed Space Innovations has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE6212H1ZU | Maharashtra | Active | 07 Dec 2017 |
| 36AAECE6212H1ZV | Telangana | Active | 03 Jul 2021 |
To see the full GST registrations and return filing status of Exseed Space Innovations Private Limited, buy the company report.
Recent activity
Exseed Space Innovations Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ashhar Farhan was appointed as Director on 24 Apr 2017.
Frequently asked questions
Exseed Space Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 24 April 2017 (9+ years old) and is registered under CIN U29304MH2017PTC294218.
Exseed Space Innovations has 2 current directors:
- Ashhar Farhan - Director
- Mahesh Murthy - Director
The latest financial statements of Exseed Space Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Exseed Space Innovations is 27AAECE6212H1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAECE6212H1ZV (Telangana).
The CIN (Corporate Identification Number) of Exseed Space Innovations is U29304MH2017PTC294218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exseed Space Innovations was incorporated on 24 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Exseed Space Innovations has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.2 Cr; the latest was in December 2020.
Ashhar Farhan was appointed as Director on 24 Apr 2017. Mahesh Murthy was appointed as Director on 24 Apr 2017.
Yes, Exseed Space Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Exseed Space Innovations can be reached through the website satellize.com. Its registered office is in Mumbai, Maharashtra, India.