
About Pisces Eservices Private Limited
Data last updated:
Pisces Eservices Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ani Technologies Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 07 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC127609. Its GSTIN is 29AAGCP5410J1ZA (Karnataka). The company holds 41 GST registrations, of which 39 are active.
The company has an authorised share capital of ₹174.52 Cr and a paid-up capital of ₹174.45 Cr. It is led by directors Harish Abichandani and Ankush Aggarwal.
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 2025, the company reported a revenue of ₹3.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1,756.13 Cr and EBITDA of ₹1,944.77 Cr. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 27% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 5 brands: Pisces Consultants, Spice Food, Taste Food Delivery, JustEat.in and Foodpanda India. As per MCA filings, the company has satisfied charges of ₹104 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 4 cases are pending. The company has 6 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹278.33 Cr; the latest was in February 2022. The company has 10 MSME Form 1 returns on record between 2020 and 2023, listing 110 overdue payments to 65 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foodpanda.in.
Company details
CIN history
Pisces Eservices has one previous CIN (Corporate Identification Number): U72900HR2012PTC045028. The current CIN is U72900KA2012PTC127609, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2012PTC127609 | Current |
| U72900HR2012PTC045028 | Previous |
Contact details
Pisces Eservices Private Limited's registered office is in Bangalore, Karnataka. Its website is foodpanda.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOla Campus C Wing, Prestige Rmz Startech Kormangala, Bangalore, Karnataka, India – 560095
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Pisces Eservices 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
Pisces Eservices operates multiple associated brands including Pisces Consultants, Spice Food, and Taste Food Delivery. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a cloud-based system for human resource management. | piscesconsultants.com | |
| Enables online food ordering for customers. | spicefood.in | |
| Digital hub for ordering food from local restaurants. | tastefooddelivery.com | |
| Online platform for food ordering and table reservations | justeat.in | |
| Food is ordered and delivered online from local restaurants. | foodpanda.in |
Business activity
The main business activity of Pisces Eservices is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Pisces Eservices Private Limited, buy the company report.
Financials of Pisces Eservices Private Limited
FY 2025 filings availablePisces Eservices Private Limited reported revenue of ₹3.47 Cr (up 254% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 254% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,944.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,756.13 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 | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Pisces Eservices Private Limited, buy the company report.
Board of directors of Pisces Eservices Private Limited
Pisces Eservices has 2 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Abichandani Also directs: Ola Financial Services Private Limited, Krutrim Cloud Private Limited, Krutrim AI Private Limited and 3 more | Director | 21 May 2024 | 2 Years 5 Months | Current |
| Ankush Aggarwal Also directs: Ola Financial Services Private Limited, AA Family Office LLP, Ola Fleet Technologies Private Limited and 1 more | Director | 17 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Pisces Eservices Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Pisces Eservices Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pisces Eservices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2021 | 100477946 | Yes Bank Limited | ₹104 Cr | Satisfied |
To see the full charge records of Pisces Eservices Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Pisces Eservices Private Limited has 6 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹278.33 Cr; the latest was in February 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: ANI Technologies Private Limited & OLA Fleet Technologies Private Limited, Ani Technologies Private Limited Seller: Ani Technologies Private Limited , Delivery Hero (India) Ug & Co Kg |
| Jan 2018 | Rights issue | ₹30 Cr | Investors: Ani Technologies Private Limited |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: Ani Technologies Private Limited Seller: Delivery Hero (India) Ug & Co Kg |
| Dec 2017 | Acquisition | ₹174.36 Cr | Buyer: Ani Technologies Private Limited |
| Jan 2013 | Funding round | ₹278.33 Cr | Investors: Delivery Hero (India) Ug & Co Kg |
To see the full deal history of Pisces Eservices 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
Pisces Eservices Private Limited has 10 court cases on record: 1 filed by Pisces Eservices, 9 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 3 |
| District courts | 3 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Crayon Software Experts India Pvt Ltd | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Ani Technologies Private Limited | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| High Court | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Pisces Eservices 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
Pisces Eservices Private Limited has 10 MSME Form 1 returns on record between 2020 and 2023, listing 110 overdue payments to 65 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 65)
To see the full MSME payment records of Pisces Eservices Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pisces Eservices Private Limited has a workforce of 20 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Pisces Eservices has 41 GST registrations: 39 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCP5410J1ZA | Karnataka | Active | 01 Jul 2017 |
| 29AAGCP5410J1CL | Karnataka | Active | 06 Oct 2018 |
| 06AAGCP5410J1ZI | Haryana | Active | 01 Jul 2017 |
| 07AAGCP5410J1ZG | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pisces Eservices Private Limited, buy the company report.
Recent activity
Pisces Eservices Private Limited has 23 board changes on record since 2012: 2 appointments and 21 cessations. The latest: Harish Abichandani was appointed as Director on 21 May 2024.
16 earlier events are in the company report.
News
Frequently asked questions
Pisces Eservices is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 07 February 2012 (14+ years old) and is registered under CIN U72900KA2012PTC127609.
Pisces Eservices has 2 current directors:
- Harish Abichandani - Director
- Ankush Aggarwal - Director
The latest financial statements of Pisces Eservices 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 2015 are in the company report.
The GSTIN of Pisces Eservices is 29AAGCP5410J1ZA, registered in Karnataka. The company has 41 GST registrations in all, of which 39 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAGCP5410J1CL (Karnataka), 06AAGCP5410J1ZI (Haryana), 07AAGCP5410J1ZG (Delhi).
The CIN (Corporate Identification Number) of Pisces Eservices is U72900KA2012PTC127609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pisces Eservices has 10 court cases on record: 1 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Pisces Eservices was incorporated on 07 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Pisces Eservices has 6 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹278.33 Cr; the latest was in February 2022.
Harish Abichandani was appointed as Director on 21 May 2024. Hemant Sudarshan Bakshi ceased to be Additional Director on 21 May 2024. Ankush Aggarwal ceased to be Additional Director on 26 Sep 2023. Pisces Eservices has 23 board changes on record in total.
Pisces Eservices has 10 MSME Form 1 returns on record between 2020 and 2023, listing 110 overdue payments to 65 micro and small suppliers. The latest return was filed on 17 Jan 2024.
Pisces Eservices can be reached through the website foodpanda.in. Its registered office is in Bangalore, Karnataka, India.