About Elveego Circuits Private Limited
Data last updated:
Elveego Circuits Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 07 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2010PTC055084. Its GSTIN is 29AACCE4909R1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ningthoujam Uttamkumar Singh and Ravi Sanker Yadavalli.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.83 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹1.08 Cr (net margin -18.5%) and EBITDA of -₹74.69 Lakh (EBITDA margin -12.8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Elveego.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elveegocircuits.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFirst Floor Snr Vertex No 903/1 19th Main Road Hsr Layout 4th, Sector, Bangalore, Karnataka, India – 560102
- IndustryService, Information Technology Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Elveego Circuits Private Limited
Elveego Circuits operates one associated brand: ELVEEGO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers semiconductor IC designs, retargeting, and R&D services for global partners. | elveegocircuits.com |
Business Activity of Elveego Circuits Private Limited
The main business activity of Elveego Circuits is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elveego Circuits Private Limited FY 2023 filings available
Elveego Circuits Private Limited reported revenue of ₹5.83 Cr (down 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Elveego Circuits Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 23% fall in the latest year. EBITDA fell 225% 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 of Elveego Circuits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹5.83 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹74.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.08 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 of Elveego Circuits Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elveego Circuits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Elveego Circuits Private Limited
Elveego Circuits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ningthoujam Uttamkumar Singh Also directs: Elvigo Systems LLP | Director | 07 Sep 2010 | 16 Years 1 Months | Current |
| Ravi Sanker Yadavalli Also directs: Elvigo Systems LLP, Asopactn Technologies LLP | Director | 07 Sep 2010 | 16 Years 1 Months | Current |
Peer Comparison of Elveego Circuits Private Limited
Elveego Circuits Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Semiconductor Products and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Usha Electric Power Private Limited | ₹6.53 Cr (FY 2024) | •••• | •••• | 73.0% | •••• | Delhi, India |
| B J Electronics Private Limited | ₹6.49 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Coimbatore, Tamil Nadu, India |
| Toshcon CD Automation ( India) Private Limited | ₹6.46 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Coqube Analytics and Services Private Limited | ₹6.32 Cr (FY 2021) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Advanide India Private Limited | ₹6.12 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Elveego Circuits Private Limited this company | ₹5.83 Cr (FY 2023) | •••• | •••• | -23.0% | •••• | Bangalore, Karnataka, India |
| Album Semiconductors India Private Limited | ₹5.8 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Sion Semiconductors Private Limited | ₹5.52 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
| Raiton Semiconductor Private Limited | ₹5.33 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Bengaluru, Karnataka, India |
| Juntran Technologies Private Limited | ₹5.31 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | Hyderabad, Telangana, India |
| Verifast Technologies India Private Limited | ₹4.97 Cr (FY 2024) | •••• | •••• | 89.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Elveego Circuits by revenue in the Information Technology industry (Semiconductor Products and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elveego Circuits Private Limited
Elveego Circuits Private Limited is audited by RVKS And ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RVKS And ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Elveego Circuits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elveego Circuits Private Limited
Elveego Circuits Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Elveego Circuits Private Limited
Elveego Circuits Private Limited has a workforce of 20 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Elveego Circuits Private Limited
Elveego Circuits Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Nanjundeswaran Sridhar ceased to be Director on 10 Dec 2014.
Credit Ratings, Litigation & Regulatory Alerts for Elveego Circuits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elveego Circuits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elveego Circuits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elveego Circuits Private Limited
Elveego Circuits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCE4909R1ZZ | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elveego Circuits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elveego Circuits Private Limited
Elveego Circuits is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 07 September 2010 (16+ years old) and is registered under CIN U74999KA2010PTC055084.
Elveego Circuits reported revenue of ₹5.83 Cr for FY 2023 (down 23% YoY).
Elveego Circuits has 2 current directors:
- Ningthoujam Uttamkumar Singh - Director
- Ravi Sanker Yadavalli - Director
Elveego Circuits reported a net loss of ₹1.08 Cr (net margin -18.5%) and EBITDA of -₹74.69 Lakh (EBITDA margin -12.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elveego Circuits is -14% over three years and -3% over five years. In the latest year (FY 2023) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elveego Circuits is 29AACCE4909R1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Elveego Circuits is U74999KA2010PTC055084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elveego Circuits was incorporated on 07 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Elveego Circuits by revenue are Usha Electric Power Private Limited, B J Electronics Private Limited, Toshcon CD Automation ( India) Private Limited, Coqube Analytics and Services Private Limited, Advanide India Private Limited and 5 more, all in the Information Technology industry (Semiconductor Products and Services).
Nanjundeswaran Sridhar ceased to be Director on 10 Dec 2014. Bethamkalyanchakravarthy was appointed as Director on 07 Sep 2010. Ningthoujam Uttamkumar Singh was appointed as Director on 07 Sep 2010. Elveego Circuits has 4 board changes on record in total.
Elveego Circuits can be reached through the website elveegocircuits.com. Its registered office is in Bangalore, Karnataka, India.