About Algo Chips Private Limited
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Algo Chips Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software segment of the printing and publishing sector. It was incorporated on 06 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2013PTC071697. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Srinivas Rao Yallabandi and Chethan Somashekaraiah.
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 44A 1st Main Road 3rd Phase J P Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.17 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹14.68 Lakh (net margin -160.1%) and EBITDA of -₹22.4 Lakh (EBITDA margin -244.4%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website algochips.com.
Company details
Contact details
Algo Chips Private Limited's registered office is in Bangalore, Karnataka. Its website is algochips.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address44A 1st Main Road 3rd Phase J P Nagar, Bangalore, Karnataka, India – 560078
- IndustryPrinting & Publishing, Software, Games, Publishing, Application Software, System Software
To see the full contact details of Algo Chips 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
Financials of Algo Chips Private Limited
FY 2025 filings availableAlgo Chips Private Limited reported revenue of ₹9.17 Lakh (down 34% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 34% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹9.17 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹22.4 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹14.68 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -244.4% | ||
| Net Profit Margin | -160.1% | ||
| 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 | |||
To see the full financial statements and ratios of Algo Chips Private Limited, buy the company report.
Board of directors of Algo Chips Private Limited
Algo Chips 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 |
|---|---|---|---|---|
| Srinivas Rao Yallabandi Also directs: Lushlee Agro Farms LLP, Prahima Estates LLP, Greenolite Solar Private Limited and 5 more | Director | 05 Jan 2021 | 5 Years 10 Months | Current |
| Chethan Somashekaraiah | Director | 06 Nov 2013 | 13 Years 0 Months | Current |
Auditor
Algo Chips Private Limited is audited by K P M S & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P M S & ASSOCIATES | FY 2017 | 012090S |
Shareholding
The shareholding of Algo Chips Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Algo Chips Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Algo Chips 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
No delayed payments to MSME suppliers are on our record for Algo Chips Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Algo Chips has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Algo Chips Private Limited, buy the company report.
Recent activity
Algo Chips Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Srinivas Rao Yallabandi ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Algo Chips is an active private limited company based in Bangalore, Karnataka, India. The company works in software, within the printing and publishing industry. It was incorporated on 06 November 2013 (13+ years old) and is registered under CIN U74900KA2013PTC071697.
Algo Chips has 2 current directors:
- Srinivas Rao Yallabandi - Director
- Chethan Somashekaraiah - Director
The latest financial statements of Algo Chips 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 2015 are in the company report.
No. Algo Chips has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Algo Chips is U74900KA2013PTC071697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Algo Chips was incorporated on 06 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Srinivas Rao Yallabandi ceased to be Additional Director on 30 Nov 2021. Bandaru Venkaiah Naidu ceased to be Director on 07 Jan 2021. Srinivas Rao Yallabandi was appointed as Director on 05 Jan 2021. Algo Chips has 4 board changes on record in total.
Algo Chips can be reached through the website algochips.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Algo Chips is at 44A 1st Main Road 3rd Phase J P Nagar, Bangalore, Karnataka, India – 560078.
Algo Chips operates in the printing and publishing industry, in the software segment.
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