Microsemi Storage Solutions India Private Limited

Microsemi Storage Solutions India Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2005PTC037102 Incorporated 31 August 2005 ROC Bangalore HQ Bangalore, Karnataka, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹191.37 Cr
▲ 11% YoY
Net profit · FY 2019
₹23.76 Cr
Net margin 12.4%
EBITDA · FY 2019
₹46.11 Cr
EBITDA margin 24.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.97 Cr
Issued & subscribed
Company age
21 yrs
Est. 2005
Employees · EPFO
131
Provident fund records
Directors on board
3
As per MCA filings

About Microsemi Storage Solutions India Private Limited

Data last updated:

Microsemi Storage Solutions India Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Microsemi Solutions B.V. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 August 2005.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC037102.

The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.97 Cr. It was led by directors including James Eric Bjornholt and Srikanth Bhyrappa Settikere.

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No. 149B Epip Industrial Area 1st Phase Whitefield, Bangalore, Karnataka, India – 560066.

As per the financials filed for FY 2019, the company reported a revenue of ₹191.37 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹23.76 Cr (net margin 12.4%) and EBITDA of ₹46.11 Cr (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.

The company had about 131 employees on its provident fund (EPFO) records before it was dissolved.

Court records list 1 case involving the company, including 1 filed against it.

Company Details of Microsemi Storage Solutions India Private Limited
CIN U72200KA2005PTC037102
Registration Number 037102
Incorporation Date 31 August 2005
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Parent Company Microsemi Solutions B.V
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No. 149B Epip Industrial Area 1st Phase Whitefield, Bangalore, Karnataka, India – 560066
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Microsemi Storage Solutions India Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Microsemi Storage Solutions India Private Limited

The main business activity of Microsemi Storage Solutions India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Microsemi Storage Solutions India Private Limited FY 2019 filings available

Microsemi Storage Solutions India Private Limited reported revenue of ₹191.37 Cr (up 11% YoY) for FY 2019.

Revenue · FY 2019
₹191.37 Cr ▲ 11%
Net profit · FY 2019
₹23.76 Cr margin 12.4%
EBITDA · FY 2019
₹46.11 Cr margin 24.1%

Compounded Annual Growth Rate (CAGR) of Microsemi Storage Solutions India Private Limited

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 37%

Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 11% growth in the latest year. EBITDA rose 70% 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 Microsemi Storage Solutions India Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹191.37 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹46.11 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹23.76 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 Microsemi Storage Solutions India Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin24.1%••••••••••••••••
Net Profit Margin12.4%••••••••••••••••
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 Microsemi Storage Solutions India are in the company report.

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Financial statements from 2015

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Peer Comparison of Microsemi Storage Solutions India Private Limited

Microsemi Storage Solutions India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
CSM Technologies Limited₹200.63 Cr (FY 2025)••••••••1.0%••••Bhubaneswar, Odisha, India
Rambus Chip Technologies (India) Private Limited₹196.43 Cr (FY 2025)••••••••-5.0%••••Bangalore, Karnataka, India
Rishabh Software Private Limited₹194.48 Cr (FY 2025)••••••••1.0%••••Vadodara, Gujarat, India
Hyundai Autoever India Private Limited₹193.69 Cr (FY 2021)••••••••-16.0%••••Chennai, Tamil Nadu, India
Successive Technologies Private Limited₹191.89 Cr (FY 2025)••••••••37.0%••••Delhi, India
Microsemi Storage Solutions India Private Limited this company₹191.37 Cr (FY 2019)••••••••11.0%••••Bangalore, Karnataka, India
Drishti-Soft Solutions Private Limited₹191.28 Cr (FY 2023)••••••••32.0%••••Bangalore, Karnataka, India
Sumtotal Systems India Private Limited₹189.61 Cr (FY 2022)••••••••11.0%••••Mumbai, Maharashtra, India
Civica Resource Private Limited₹187.92 Cr (FY 2025)••••••••4.0%••••Vadodara, Gujarat, India
Chevron Global Technology and Services Private Limited₹186.37 Cr (FY 2025)••••••••••••Bangalore, Karnataka, India
Techaspect Solutions Private Limited₹185.16 Cr (FY 2025)••••••••-12.0%••••Hyderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Microsemi Storage Solutions India by revenue in the Information Technology industry (Application Development), 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 Microsemi Storage Solutions India Private Limited

Microsemi Storage Solutions India Private Limited is audited by PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLP for the financial year 2019.

NameStatusAppointment DateCessation Date
PRICE WATERHOUSE & CO CHARTERED ACCOUNTANTS LLPLockedLockedLocked
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Board of Directors of Microsemi Storage Solutions India Private Limited

Microsemi Storage Solutions India has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
James Eric BjornholtDirector12 Jul 20188 Years 3 MonthsAs last reported
Srikanth Bhyrappa SettikereDirector13 Jun 20197 Years 4 MonthsAs last reported
Ganesh MoorthyDirector12 Jul 20188 Years 3 MonthsAs last reported

Ownership and Shareholding of Microsemi Storage Solutions India Private Limited

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Charges & Borrowings of Microsemi Storage Solutions India Private Limited

Microsemi Storage Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Microsemi Storage Solutions India Private Limited

Microsemi Storage Solutions India Private Limited has a workforce of 131 employees as of Apr 09, 2024.

Employee count
131
Active EPFO establishments
1
Employee growth
-20.12%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Microsemi Storage Solutions India Private Limited

Microsemi Storage Solutions India Private Limited has 25 board changes on record since 2007: 3 appointments and 22 cessations. The latest: Sudarshan Iyengar ceased to be Director on 30 Nov 2019.

Ceased
Sudarshan Iyengar ceased to be Director.
AGM
Microsemi Storage Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Ceased
Srikanth Bhyrappa Settikere ceased to be Additional Director.
Appointed
Srikanth Bhyrappa Settikere was appointed as Director.
Filing
Microsemi Storage Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.
Ceased
Ganesh Moorthy ceased to be Additional Director.
Ceased
James Eric Bjornholt ceased to be Additional Director.
Ceased
Mark Winyu Lin ceased to be Additional Director.
Ceased
Ming Siew Ng ceased to be Director.
Ceased
Paul Martin Zolnowski ceased to be Additional Director.
Appointed
Ganesh Moorthy was appointed as Director.
Appointed
James Eric Bjornholt was appointed as Director.

16 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Microsemi Storage Solutions India Private Limited

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MSME Payment Delays by Microsemi Storage Solutions India Private Limited

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Subsidiaries & Group Companies of Microsemi Storage Solutions India Private Limited

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GST Compliance of Microsemi Storage Solutions India Private Limited

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MCA Filings & Documents of Microsemi Storage Solutions India Private Limited

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Frequently Asked Questions about Microsemi Storage Solutions India Private Limited

Microsemi Storage Solutions India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Microsemi Storage Solutions India was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 31 August 2005 and is registered under CIN U72200KA2005PTC037102. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Microsemi Storage Solutions India was incorporated on 31 August 2005. It is registered with the Registrar of Companies, Bangalore.

Microsemi Storage Solutions India had 3 directors:

The CIN (Corporate Identification Number) of Microsemi Storage Solutions India is U72200KA2005PTC037102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Microsemi Storage Solutions India is at No. 149B Epip Industrial Area 1st Phase Whitefield, Bangalore, Karnataka, India – 560066.

Microsemi Storage Solutions India reported revenue of ₹191.37 Cr for FY 2019 (up 11% YoY).

Microsemi Storage Solutions India has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.97 Cr.

Microsemi Storage Solutions India reported a net profit of ₹23.76 Cr (net margin 12.4%) and EBITDA of ₹46.11 Cr (EBITDA margin 24.1%) for FY 2019, as per its filed financial statements.

Microsemi Storage Solutions India operated in the information technology industry, in the application development and software solutions segment.

The compounded annual growth rate (CAGR) of the revenue of Microsemi Storage Solutions India is 21% over three years. In the latest year (FY 2019) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.

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