About Pixxelspace India Private Limited
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Pixxelspace India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Pixxel Space Technologies Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019FTC122792. Its GSTIN is 29ABBCS8129H1Z1 (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹13.38 Lakh. It was formerly known as Syzygy Space Technologies Private Limited. It is led by directors Kshitij Gokul Khandelwal and Awais Ahmed Nadeem Alduri.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.87 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹30.83 Cr (net margin -77.3%) and EBITDA of -₹15.01 Cr (EBITDA margin -37.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 92% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pixxel. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹3 Cr on record. The company has 2 deals on record (2 rights issues); the latest was in March 2023. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 4 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 pixxel.space.
Company details
Contact details
Pixxelspace India Private Limited's registered office is in Bengaluru, Karnataka. Its website is pixxel.space. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThird Floor 722 Chinmaya Mission Hospital Rd Stage 2 Hoysala Nagar Indiranagar Ben, Galuru, Bengaluru, Karnataka, India – 560038
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Pixxelspace India 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
Pixxelspace India operates one associated brand: Pixxel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hyperspectral imaging satellites and Earth observation data analytics are provided. | pixxel.space |
Business activity
The main business activity of Pixxelspace India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Pixxelspace India Private Limited, buy the company report.
Financials of Pixxelspace India Private Limited
FY 2025 filings availablePixxelspace India Private Limited reported revenue of ₹39.87 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 92% over five years, including 30% growth 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 | |||||
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| Other Income | |||||
| Total Revenue | ₹39.87 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹15.01 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹30.83 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 | -37.6% | ||||
| Net Profit Margin | -77.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pixxelspace India Private Limited, buy the company report.
Board of directors of Pixxelspace India Private Limited
Pixxelspace India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kshitij Gokul Khandelwal | Director | 27 Mar 2019 | 7 Years 7 Months | Current |
| Awais Ahmed Nadeem Alduri | Director | 27 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Pixxelspace India Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Pixxelspace India Private 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 Pixxelspace India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2026 | 101384012 | Others | ₹40 Cr | Open | |
| 13 Oct 2022 | 100616375 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Pixxelspace India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Pixxelspace India Private Limited has 2 deals on record (2 rights issues); the latest was in March 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹234.79 Cr | Investors: Pixxel Space Technologies Inc |
| Apr 2021 | Rights issue | ₹14.6 Cr | Investors: Pixxel Space Technologies Inc |
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 Pixxelspace India 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
Pixxelspace India Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ace Payxpress Services Private Limited | |||
| C.T.K.Enterprises Private Limited | |||
| an individual supplier | |||
| Srga & Co |
To see the full MSME payment records of Pixxelspace India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pixxelspace India Private Limited has a workforce of 159 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
GST
Pixxelspace India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABBCS8129H1Z1 | Karnataka | Active | 23 Jul 2019 |
To see the full GST registrations and return filing status of Pixxelspace India Private Limited, buy the company report.
Recent activity
Pixxelspace India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Awais Ahmed Nadeem Alduri was appointed as Director on 27 Mar 2019.
News
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Frequently asked questions
Pixxelspace India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U74999KA2019FTC122792.
Pixxelspace India has 2 current directors:
- Kshitij Gokul Khandelwal - Director
- Awais Ahmed Nadeem Alduri - Director
The latest financial statements of Pixxelspace India 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 2019 are in the company report.
The GSTIN of Pixxelspace India is 29ABBCS8129H1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Pixxelspace India is U74999KA2019FTC122792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pixxelspace India was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Pixxelspace India has 2 deals on record (2 rights issues); the latest was in March 2023.
Awais Ahmed Nadeem Alduri was appointed as Director on 27 Mar 2019. Kshitij Gokul Khandelwal was appointed as Director on 27 Mar 2019.
Pixxelspace India has 4 MSME Form 1 returns on record between 2021 and 2023, listing 7 overdue payments to 4 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Pixxelspace India can be reached through the website pixxel.space. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Pixxelspace India is at Third Floor 722 Chinmaya Mission Hospital Rd Stage 2 Hoysala Nagar Indiranagar Ben, Galuru, Bengaluru, Karnataka, India – 560038.
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