
About Newspace India Limited
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Newspace India Limited is a private limited union government company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019GOI122175. Its GSTIN is 29AAGCN4411P1Z1 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7,500 Cr and a paid-up capital of ₹5,607.6 Cr. It is led by directors including Mohan Mahadevan (Managing Director) and Annamalai Arunachalam (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,016.95 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹822.2 Cr (net margin 27.3%) and EBITDA of ₹1,709.8 Cr (EBITDA margin 56.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 56% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ISRO. As per MCA filings, the company has open charges of ₹41.2 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in October 2021.
For more details, the company can be reached via its website nsilindia.co.in.
Company details
Contact details
Newspace India Limited's registered office is in Bangalore, Karnataka. Its website is nsilindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIsro Hq Campus, New Bel Road, Bangalore, Karnataka, India – 560094
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Newspace India 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
Newspace India operates one associated brand: ISRO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Space research and exploration organization in India. | isro.gov.in |
Business activity
The main business activity of Newspace India is information and communication. In detail, this covers information service activities and wired, wireless or satellite telecommunication activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities | |
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Newspace India Limited, buy the company report.
Financials of Newspace India Limited
FY 2025 filings availableNewspace India Limited reported revenue of ₹3,016.95 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 13% growth in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,016.95 Cr | ||||
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| EBITDA | ₹1,709.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹822.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.7% | ||||
| Net Profit Margin | 27.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Newspace India Limited, buy the company report.
Board of directors of Newspace India Limited
Newspace India has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Annamalai Arunachalam | Whole-Time Director | 01 Aug 2021 | 5 Years 3 Months | Current |
| Luther Mark Rangreji | Nominee Director | 05 Aug 2025 | 1 Years 3 Months | Current |
| Mohan Mahadevan | Managing Director | 01 Sep 2025 | 1 Years 2 Months | Current |
| Shankari Murali Also directs: Antrix Corporation Limited | Nominee Director | 03 Jun 2025 | 1 Years 5 Months | Current |
| Vivek Kumar Singh | Nominee Director | 27 Jan 2025 | 1 Years 9 Months | Current |
| Radha Krishna Aryasomayajula | Whole-Time Director | 06 May 2024 | 2 Years 6 Months | Current |
Auditor
Newspace India Limited is audited by M/s.R.B.Bhusari & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s.R.B.Bhusari & Co. | FY 2025 | 101463W |
Shareholding
The shareholding of Newspace India Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Newspace India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2024 | 101035841 | Others | ₹41.2 Cr | Open |
To see the full charge records of Newspace India Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Newspace India Limited has 1 deal on record (1 rights issue); the latest was in October 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹5,597.6 Cr | Investors: President of India & Somanath, President of India, President of India & Maheshwar Rao M |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Newspace India Limited has 2 court cases on record: 2 filed by Newspace India. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Hughes Communication India Private Limited (Hcipl) | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Anr. | Disposed |
To see the full case history of Newspace India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Newspace India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Newspace India Limited has a workforce of 25 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 25 |
| FY 2025-26 |
To see the full employee and EPFO history of Newspace India Limited, buy the company report.
GST
Newspace India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN4411P1Z1 | Karnataka | Active | 08 May 2019 |
| 24AAGCN4411P1ZB | Gujarat | Active | 13 May 2024 |
To see the full GST registrations and return filing status of Newspace India Limited, buy the company report.
Recent activity
Newspace India Limited has 26 board changes on record since 2019: 16 appointments and 10 cessations. The latest: Mohan Mahadevan was appointed as Managing Director on 01 Sep 2025.
19 earlier events are in the company report.
News
Frequently asked questions
Newspace India is an active private limited union government company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 March 2019 (7+ years old) and is registered under CIN U74999KA2019GOI122175.
Newspace India has 6 current directors:
- Mohan Mahadevan - Managing Director
- Annamalai Arunachalam - Whole-Time Director
- Radha Krishna Aryasomayajula - Whole-Time Director
- Luther Mark Rangreji - Nominee Director
- Shankari Murali - Nominee Director
- Vivek Kumar Singh - Nominee Director
The latest financial statements of Newspace India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Newspace India is 29AAGCN4411P1Z1, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCN4411P1ZB (Gujarat).
The CIN (Corporate Identification Number) of Newspace India is U74999KA2019GOI122175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newspace India has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Newspace India was incorporated on 06 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Newspace India has 1 deal on record (1 rights issue); the latest was in October 2021.
Mohan Mahadevan was appointed as Managing Director on 01 Sep 2025. Luther Mark Rangreji was appointed as Nominee Director on 05 Aug 2025. Uma Sekhar ceased to be Nominee Director on 05 Aug 2025. Newspace India has 26 board changes on record in total.
Newspace India can be reached through the website nsilindia.co.in. Its registered office is in Bangalore, Karnataka, India.

