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Pico Xpress Private Limited - transport and logistics in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹4.17 Cr
Latest filing
Net loss · FY 2024
₹15.33 Cr
Net margin -367.5%
EBITDA · FY 2024
-₹15.26 Cr
EBITDA margin -365.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹85.83 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Pico Xpress Private Limited
Data last updated:
Pico Xpress Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 15 March 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52219KA2023PTC171252. Its GSTIN is 29AANCP5847N1ZE (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85.83 Lakh. It is led by directors Aniruddha Gangopadhyay and Kamal Syal.
Its last annual general meeting (AGM) was held on 30 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 2024, the company reported a revenue of ₹4.17 Cr. For the same year it recorded a net loss of ₹15.33 Cr (net margin -367.5%) and EBITDA of -₹15.26 Cr (EBITDA margin -365.9%).
The company is associated with 1 brand: Pico Xpress. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹44.7 Cr; the latest was in January 2025.
For more details, the company can be reached via its website picoxpress.com.
Company details
CIN U52219KA2023PTC171252
Registration Number 171252
Incorporation Date 15 March 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Pico Xpress
Contact details
Pico Xpress Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressNo.1212 Bbmp Katha No.688/12/2, Sbm Fortune 22nd Cross 14th Main Sector III Hosur Sarjapur Road, Bangalore, Karnataka, India – 560102
- IndustryTransport and Logistics, Express Logistics
Comprehensive company report
Pico Xpress Private Limited - one report that includes everything
- 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
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Brands
Pico Xpress operates one associated brand: Pico Xpress. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered B2B parcel delivery services are provided to businesses. | picoxpress.com |
Business activity
The main business activity of Pico Xpress is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Pico Xpress Private Limited, buy the company report.
Financials of Pico Xpress Private Limited
FY 2025 filings availablePico Xpress Private Limited reported revenue of ₹4.17 Cr for FY 2024.
Revenue · FY 2024
₹4.17 Cr
Net loss · FY 2024
₹15.33 Cr margin -367.5%
EBITDA · FY 2024
-₹15.26 Cr margin -365.9%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹15.26 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹15.33 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -365.9% | |
| Net Profit Margin | -367.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Pico Xpress Private Limited, buy the company report.
Board of directors of Pico Xpress Private Limited
Pico Xpress has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aniruddha Gangopadhyay | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
| Kamal Syal | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
Deals & funding
Pico Xpress Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹44.7 Cr; the latest was in January 2025.
Total deals
5
Funding rounds
5
Disclosed funding
₹44.7 Cr
Deals on record (2 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Funding round · Pre-Series A | ₹13.9 Cr | Investors: Enrission India Capital, Blume Ventures, Sadev Ventures (Eternal Capital) |
| Apr 2023 | Funding round · Seed | ₹4.94 Cr | Investors: Blume Ventures, an individual |
To see the full deal history of Pico Xpress Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pico Xpress Private Limited has 1 court case on record: 1 filed by Pico Xpress. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed by the company against Clomoso Technologies Private Limited | Pending |
To see the full case history of Pico Xpress Private 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 Pico Xpress Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pico Xpress has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCP5847N1ZE | Karnataka | Active | 15 Mar 2023 |
To see the full GST registrations and return filing status of Pico Xpress Private Limited, buy the company report.
Recent activity
Pico Xpress Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Aniruddha Gangopadhyay was appointed as Director on 15 Mar 2023.
AGM
Pico Xpress Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pico Xpress Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Aniruddha Gangopadhyay was appointed as Director.
Appointed
Kamal Syal was appointed as Director.
Incorporation
15 Mar 2023
Pico Xpress Private Limited was registered on 15 Mar 2023 with Roc Bangalore & aged 3 years 7 months as per MCA records.
Frequently asked questions
Pico Xpress is an active private limited company based in Bangalore, Karnataka, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 15 March 2023 (3+ years old) and is registered under CIN U52219KA2023PTC171252.
Pico Xpress has 2 current directors:
- Aniruddha Gangopadhyay - Director
- Kamal Syal - Director
The latest financial statements of Pico Xpress on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Pico Xpress is 29AANCP5847N1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Pico Xpress is U52219KA2023PTC171252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pico Xpress has 1 court case on record: 1 filed by the company. 1 is pending.
Pico Xpress was incorporated on 15 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Pico Xpress has 5 deals on record (5 funding rounds), with disclosed funding of ₹44.7 Cr; the latest was in January 2025.
Aniruddha Gangopadhyay was appointed as Director on 15 Mar 2023. Kamal Syal was appointed as Director on 15 Mar 2023.
Yes, Pico Xpress is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).