About MinBay Semiconductor
MinBay Semiconductor is a Technology company based in Shenzhen (China) founded in 2016. It develops ASICs for point-of-sale applications. It operates on a B2B model. The company has 1,036 employees. Its Indian entity Xiaomi Technology India Private Limited reported revenue of ₹25,984 Cr. Its focus areas include Semiconductors, ASIC Design and Point-of-Sale Applications.
Company details
MinBay Semiconductor, based in Shenzhen, focuses on leveraging cutting-edge technology, semiconductors, asic design, and point-of-sale applications. Develops ASICs for point-of-sale applications. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Shenzhen, China
- Employees 1,036
- SectorsTechnology
- Website mbsemi.com
- Legal Name Xiaomi Technology India Private Limited
- Date of Incorporation 07 Oct, 2014
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹25,984 Cr
FY 2024 · -3% YoY
- Indian entity net profit₹288 Cr
FY 2024 · 1% margin
- Indian entity EBITDA₹544 Cr
FY 2024 · 2% margin
- Employee Count1,036
Associated legal entities of MinBay Semiconductor
MinBay Semiconductor operates through Xiaomi Technology India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xiaomi Technology India Private Limited CIN U72200KA2014FTC076704 | Active | 07 Oct 2014 | Bengaluru, Karnataka | ₹25,984 Cr | 1,036 | 2 | View details |
Board of directors of Xiaomi Technology India Private Limited (MinBay Semiconductor)
Xiaomi Technology India Private Limited is the primary company behind MinBay Semiconductor. The board of Xiaomi Technology India Private Limited currently have 2 directors; the longest-serving is Varun Sabhash Madan, appointed in 2024. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Sabhash Madan DIN 10785314 | Director | 30 Sep 2024 | 2 yrs | Xiaomi Technology India Private Limited |
| Sudhin Mathur DIN 03474713 | Director | 21 Jan 2025 | 1 yr 9 mo | Xiaomi Technology India Private Limited |
Financials of MinBay Semiconductor
Figures of Xiaomi Technology India Private Limited, the primary company behind MinBay Semiconductor, for FY 2024. Revenue was ₹25,984 Cr (-3% year on year). Net profit was ₹288 Cr (1% margin). EBITDA was ₹544 Cr (2% margin). Revenue has grown at a compounded annual rate of -10% over three years and -6% over five years.
- ₹25,984 CrRevenue · FY 2024 · -3% YoY
- ₹288 CrNet profit · 1% margin
- ₹544 CrEBITDA · 2% margin
- ₹2.1 LakhPaid-up capital
- 1,036Employees (provident fund records)
- -10%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xiaomi Technology India Private Limited are on its company page.
Detailed financial statements for MinBay Semiconductor
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Frequently Asked Questions about MinBay Semiconductor
MinBay Semiconductor was founded in 2016.
MinBay Semiconductor is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
MinBay Semiconductor has 1,036 employees.
The primary company behind MinBay Semiconductor, Xiaomi Technology India Private Limited, reported revenue of ₹25,984 Cr for FY 2024, down 3% year on year.
MinBay Semiconductor, based in Shenzhen, focuses on leveraging cutting-edge technology, semiconductors, asic design, and point-of-sale applications. Develops ASICs for point-of-sale applications. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
MinBay Semiconductor operates through Xiaomi Technology India Private Limited.
The legal entities of MinBay Semiconductor currently have 2 directors, including Varun Sabhash Madan, Sudhin Mathur.