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Agnit Semiconductors Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.62 Cr
▲ 244% YoY
Net loss · FY 2025
₹1.13 Cr
Net margin -69.8%
EBITDA · FY 2025
-₹37.96 Lakh
EBITDA margin -23.5%
Authorised capital
₹4.7 Cr
Registered with MCA
Paid-up capital
₹4.59 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Agnit Semiconductors Private Limited
Data last updated:
Agnit Semiconductors Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 30 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2019PTC126674. Its GSTIN is 29AASCA5660P1ZP (Karnataka).
The company has an authorised share capital of ₹4.7 Cr and a paid-up capital of ₹4.59 Cr. It is led by directors including Srinivasan Raghavan and Hareesh Chandrasekar.
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 First Floor No. 531 8th Main Road 3rd Block Hmt Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.62 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.13 Cr (net margin -69.8%) and EBITDA of -₹37.96 Lakh (EBITDA margin -23.5%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years.
The company is associated with 2 brands: Indian Institute of Science and AGNIT Semiconductors. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹53.58 Cr; the latest was in March 2026.
For more details, the company can be reached via its website agnitsemi.com.
Company details
CIN U31909KA2019PTC126674
Registration Number 126674
Incorporation Date 30 July 2019
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
Key People
Srinivasan Raghavan Director Hareesh Chandrasekar Director Madhusudan Vijay Atre Director Recognitions & Rankings of Agnit Semiconductors
Contact details
Agnit Semiconductors Private Limited's registered office is in Bangalore, Karnataka. Its website is agnitsemi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressFirst Floor No. 531 8th Main Road 3rd Block Hmt Layout Vidyaranyapura, Bangalore, Karnataka, India – 560097
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Agnit Semiconductors Private Limited, buy the company report.
Comprehensive company report
Agnit Semiconductors 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
Agnit Semiconductors operates two associated brands: Indian Institute of Science and AGNIT Semiconductors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| University offering multiple courses and degrees across engineering, science & technology streams | iisc.ac.in | |
| Manufacturer of gallium nitride (GaN) semiconductors for radio-frequency applications | agnitsemi.com |
Financials of Agnit Semiconductors Private Limited
FY 2025 filings availableAgnit Semiconductors Private Limited reported revenue of ₹1.62 Cr (up 244% YoY) for FY 2025.
Revenue · FY 2025
₹1.62 Cr ▲ 244%
Net loss · FY 2025
₹1.13 Cr margin -69.8%
EBITDA · FY 2025
-₹37.96 Lakh margin -23.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 244%
3 years · compounded
▲ 94%
EBITDA CAGR growth
3 years · compounded
▼ 70%
5 years · compounded
▼ 17%
Revenue has grown at a compounded annual rate (CAGR) of 94% over three years, including 244% 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 |
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| Total Expenses | |||||
| EBITDA | -₹37.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.13 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 | -23.5% | ||||
| Net Profit Margin | -69.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Agnit Semiconductors Private Limited, buy the company report.
Board of directors of Agnit Semiconductors Private Limited
Agnit Semiconductors has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Raghavan | Director | 30 Jul 2019 | 7 Years 3 Months | Current |
| Hareesh Chandrasekar | Director | 17 Dec 2020 | 5 Years 10 Months | Current |
| Madhusudan Vijay Atre | Director | 01 Nov 2024 | 2 Years 0 Months | Current |
Auditor
Agnit Semiconductors Private Limited is audited by K S SATHYANARAYANA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S SATHYANARAYANA AND CO | FY 2023 | 008999S |
Shareholding
The shareholding of Agnit Semiconductors Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Agnit Semiconductors Private Limited, buy the company report.
Deals & funding
Agnit Semiconductors Private Limited has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹53.58 Cr; the latest was in March 2026.
Total deals
5
Funding rounds
3
Secondary share transfer
1
Acquisition
1
Disclosed funding
₹53.58 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Funding round · Seed | ₹24.04 Cr | Investors: Shastra VC (Veda Venture Capital), 3One4 Capital, Zephyr Peacock India |
| Oct 2024 | Funding round · Seed | ₹29.41 Cr | Investors: 3One4 Capital, Zephyr Peacock India, an individual |
| Feb 2021 | Acquisition | ₹10 Cr | Buyer: an individual |
| Dec 2020 | Funding round | ₹12.4 Lakh | Investors: Indian Scientific Innovation Company Limited. |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Agnit Semiconductors Private Limited has 3 court cases on record: 2 filed by Agnit Semiconductors, 1 filed against it. All cases are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case ((T)OP(PT)) | Filed against the company by Abellon Eco Equipements Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Microtex Seperators Pvt Ltd M.D. | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Xcyton Diagonstics Pvt Ltd | Disposed |
To see the full case history of Agnit Semiconductors 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 Agnit Semiconductors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Agnit Semiconductors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA5660P1ZP | Karnataka | Active | 11 Feb 2021 |
To see the full GST registrations and return filing status of Agnit Semiconductors Private Limited, buy the company report.
Recent activity
Agnit Semiconductors Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Madhusudan Vijay Atre was appointed as Director on 01 Nov 2024.
AGM
Agnit Semiconductors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Agnit Semiconductors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Madhusudan Vijay Atre was appointed as Director.
Ceased
Rangarajan Muralidharan ceased to be Director.
Appointed
Hareesh Chandrasekar was appointed as Director.
Appointed
Rangarajan Muralidharan was appointed as Director.
Appointed
Srinivasan Raghavan was appointed as Director.
Incorporation
30 Jul 2019
Agnit Semiconductors Private Limited was registered on 30 Jul 2019 with Roc Bangalore & aged 7 years 3 months as per MCA records.
News
Frequently asked questions
Agnit Semiconductors is an active private limited company based in Bangalore, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 30 July 2019 (7+ years old) and is registered under CIN U31909KA2019PTC126674.
Agnit Semiconductors has 3 current directors:
- Srinivasan Raghavan - Director
- Hareesh Chandrasekar - Director
- Madhusudan Vijay Atre - Director
The latest financial statements of Agnit Semiconductors 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 2020 are in the company report.
The GSTIN of Agnit Semiconductors is 29AASCA5660P1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Agnit Semiconductors is U31909KA2019PTC126674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agnit Semiconductors has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Agnit Semiconductors was incorporated on 30 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Agnit Semiconductors has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹53.58 Cr; the latest was in March 2026.
Madhusudan Vijay Atre was appointed as Director on 01 Nov 2024. Rangarajan Muralidharan ceased to be Director on 20 Oct 2024. Hareesh Chandrasekar was appointed as Director on 17 Dec 2020. Agnit Semiconductors has 5 board changes on record in total.
Yes, Agnit Semiconductors is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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