About Awave Semiconductor India Private Limited
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Awave Semiconductor India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Alphawave Semi Holding Corp. (Formerly Known As Open Silicon Holding Corporation). It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2003PTC032083. Its GSTIN is 29AAACO5915B1ZO (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jingu Saira Jacob and Ravi Velidanda Rao.
Its last annual general meeting (AGM) was held on 26 August 2026, 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 ₹376.51 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net loss of ₹10.3 Cr (net margin -2.7%) and EBITDA of ₹42.19 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 34% over five years.
The company has about 348 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Open-Silicon. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website open-silicon.com.
Company details
Contact details
Awave Semiconductor India Private Limited's registered office is in Bangalore, Karnataka. Its website is open-silicon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBuilding 8A 10th Floor Unit No. 1001 1002 1003 1004, Ecoworld Sarjapur Marathahalli Outer Ring Road, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions, Semiconductor Products & Services
To see the full contact details of Awave Semiconductor 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
Awave Semiconductor India operates one associated brand: Open-Silicon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customized SOCs and ASIC designs are manufactured and supported. | open-silicon.com |
Business activity
The main business activity of Awave Semiconductor India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Awave Semiconductor India Private Limited, buy the company report.
Financials of Awave Semiconductor India Private Limited
FY 2025 filings availableAwave Semiconductor India Private Limited reported revenue of ₹376.51 Cr (up 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 76% 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 Revenue | ₹376.51 Cr | ||||
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| EBITDA | ₹42.19 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹10.3 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | -2.7% | ||||
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To see the full financial statements and ratios of Awave Semiconductor India Private Limited, buy the company report.
Board of directors of Awave Semiconductor India Private Limited
Awave Semiconductor India has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jingu Saira Jacob Also directs: Qualcomm Support India Private Limited, Qualcomm India Private Limited, Nuviasemi India Private Limited and 1 more | Director | 11 May 2026 | 0 Years 5 Months | Current |
| Ravi Velidanda Rao Also directs: Qualcomm Support India Private Limited, Qualcomm India Private Limited, Nuviasemi India Private Limited and 2 more | Director | 22 Apr 2026 | 0 Years 6 Months | Current |
Auditor
Awave Semiconductor India Private Limited is audited by Guru Jana & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Guru Jana & Associates | FY 2023 | 025194S |
Shareholding
The shareholding of Awave Semiconductor India 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 Awave Semiconductor India Private Limited, buy the company report.
Legal cases
Awave Semiconductor India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by The PR Commissioner of Income Tax and Another Y V Raviraj and 1 other | Pending |
To see the full case history of Awave Semiconductor India 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 Awave Semiconductor India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Awave Semiconductor India Private Limited has a workforce of 348 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Awave Semiconductor India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO5915B1ZO | Karnataka | Active | 01 Jul 2017 |
| 27AAACO5915B1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Awave Semiconductor India Private Limited, buy the company report.
Recent activity
Awave Semiconductor India Private Limited has 13 board changes on record since 2008: 2 appointments and 11 cessations. The latest: Jingu Saira Jacob was appointed as Director on 11 May 2026.
4 earlier events are in the company report.
Frequently asked questions
Awave Semiconductor India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 June 2003 (23+ years old) and is registered under CIN U72200KA2003PTC032083.
Awave Semiconductor India has 2 current directors:
- Jingu Saira Jacob - Director
- Ravi Velidanda Rao - Director
The latest financial statements of Awave Semiconductor India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Awave Semiconductor India is 29AAACO5915B1ZO, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACO5915B1ZS (Maharashtra).
The CIN (Corporate Identification Number) of Awave Semiconductor India is U72200KA2003PTC032083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Awave Semiconductor India has 1 court case on record: 1 filed against it. 1 is pending.
Awave Semiconductor India was incorporated on 12 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Jingu Saira Jacob was appointed as Director on 11 May 2026. Ravi Velidanda Rao was appointed as Director on 22 Apr 2026. Sandeep Shetty K ceased to be Additional Director on 28 Sep 2023. Awave Semiconductor India has 13 board changes on record in total.
Awave Semiconductor India can be reached through the website open-silicon.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Awave Semiconductor India is at Building 8A 10th Floor Unit No. 1001 1002 1003 1004, Ecoworld Sarjapur Marathahalli Outer Ring Road, Bangalore, Karnataka, India – 560103.