About SPEL semiconductor
Data last updated:
SPEL semiconductor is a company based in Chennai (India) founded in 1988 was acquired by Natronix in March 2014. The company has 103 employees.
Associated legal entities of SPEL semiconductor
SPEL semiconductor is associated with 3 registered companies on The Company Check; the primary company is Spel Semiconductor Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity, and a full company report can be bought for any of them.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Report |
|---|---|---|---|---|---|---|---|
| Spel Semiconductor Limited Listed CIN L32201TN1984PLC011434 | Active | 26 Dec 1984 | Maraimalai Nagar, Tamil Nadu | ₹18.1 Cr | 112 | 7 | Buy report |
| Spel Semiconductor Packaging Limited CIN U32109TN2018PLC121844 | Active | 03 Apr 2018 | Kanchipuram, Tamil Nadu | – | – | 3 | Buy report |
| Natronix Semiconductor Technology Private Limited CIN U31900TN2007PTC063934 | Active | 13 Jun 2007 | Chennai, Tamil Nadu | ₹0.2 Cr | – | 2 | Buy report |
Board of directors of Spel Semiconductor Limited (SPEL semiconductor)
Spel Semiconductor Limited is the primary company behind SPEL semiconductor. The boards of the 3 registered companies of SPEL semiconductor currently have 10 directors; the longest-serving is Suresh Paul Thomas, appointed in 2016. 45 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Paul Thomas DIN 03015489 | Director | 30 Jul 2016 | 10 yrs 2 mo | Natronix Semiconductor Technology Private Limited |
| Ramabadran Soundararajan DIN 00030772 | Director | 03 Apr 2018 | 8 yrs 6 mo | Spel Semiconductor Packaging Limited |
| Dorairaj Balakrishnan DIN 02131242 | Director | 03 Apr 2018 | 8 yrs 6 mo | Spel Semiconductor Packaging Limited |
| Swaminathan Chandramohan DIN 00052571 | Director | 11 Feb 2019 | 7 yrs 7 mo | Spel Semiconductor Limited |
| Palanichamy Balamurugan DIN 07480881 | Whole-time director | 14 Feb 2023 | 3 yrs 7 mo | Spel Semiconductor Limited, Spel Semiconductor Packaging Limited |
| Narasingapuram Jagadeesan Chandrasekar DIN 10081602 | Director | 03 Mar 2023 | 3 yrs 7 mo | Natronix Semiconductor Technology Private Limited |
| Nakkeeran Ekambaram DIN 08638679 | Director | 28 Jul 2023 | 3 yrs 2 mo | Spel Semiconductor Limited |
| Venkatesh Ramanujam DIN 07242631 | Director | 29 May 2024 | 2 yrs 4 mo | Spel Semiconductor Limited |
| Venkatasubramanian V Meenakshi DIN 10680038 | Director | 24 Jun 2024 | 2 yrs 3 mo | Spel Semiconductor Limited |
| Nagarajan Govindan DIN 08259812 | Director | 13 Aug 2025 | 1 yr 1 mo | Spel Semiconductor Limited |
IPO & Listings of SPEL semiconductor
SPEL semiconductor is a publicly listed company on the BSE with ticker symbol SPELS in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Financials of SPEL semiconductor
Figures of Spel Semiconductor Limited, the primary company behind SPEL semiconductor, for FY 2023. Revenue was ₹18.13 Cr (+7% year on year). Net loss was -₹3.09 Cr (-17% margin). EBITDA was ₹3.94 Cr (22% margin). Revenue has grown at a compounded annual rate of -22% over three years and -16% over five years.
- ₹18.13 CrRevenue · FY 2023 · +7% YoY
- -₹3.09 CrNet loss · -17% margin
- ₹3.94 CrEBITDA · 22% margin
- ₹59.08 CrPaid-up capital
- 112Employees (provident fund records)
- -22%Revenue CAGR, 3 years
- -16%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹6.3 Cr | -₹23.8 Cr | -₹20.5 Cr |
| 2024 | ₹7.9 Cr | -₹21.0 Cr | -₹19.8 Cr |
| 2023 | ₹12.0 Cr | -₹16.8 Cr | -₹2.0 Cr |
| 2022 | ₹11.2 Cr | -₹3.1 Cr | ₹3.9 Cr |
| 2021 | ₹9.5 Cr | -₹12.8 Cr | -₹2.3 Cr |
Balance sheet, profit and loss, cash flow and ratios of Spel Semiconductor Limited are on its company page.
Buy the company report of Spel Semiconductor LimitedDetailed financial statements for SPEL semiconductor
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investors in SPEL semiconductor
SPEL semiconductor has secured backing from 1 investor. Prominent investors backing the company include Natronix.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Specializes in semiconductor packaging and design services. | 2007 | natronix.net | Chennai, India |
Investor details for SPEL semiconductor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of SPEL semiconductor
3 dated milestones of SPEL semiconductor across 26 years, from founding to its latest funding, stage changes and deals.
- SPEL semiconductor is founded.
- Lists on the stock exchange (IPO).
- Acquired by Natronix.
Latest news on Spel Semiconductor
Complete news archive for SPEL semiconductor
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about SPEL semiconductor
SPEL semiconductor was founded in 1988.
SPEL semiconductor is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
SPEL semiconductor has 103 employees.
Annual revenue of SPEL semiconductor is $669.34K as on Mar 31, 2026.
SPEL Semiconductor was established in 1988 as an Outsourced Semiconductor Assembly Test Services (OSAT) facility in Chennai, India. Services are extended to Integrated Device Manufacturers (IDMs) and fabless companies in the United States and Asia. Value-added offerings include package design, failure analysis, full reliability testing, test program development, and product characterization. The company was acquired by Natronix Semiconductor Technology, based in Singapore.
Yes, SPEL semiconductor is publicly traded on BSE under the ticker symbol SPELS.
SPEL semiconductor has 1 investor. Key investors include Natronix.
The ticker symbol of SPEL semiconductor is SPELS on BSE.
SPEL semiconductor is associated with 3 legal entities: Spel Semiconductor Packaging Limited, Natronix Semiconductor Technology Private Limited, Spel Semiconductor Limited.
Yes. SPEL semiconductor was acquired by Natronix in March 2014.
SPEL semiconductor is classified as a public and has since been acquired.
The legal entities of SPEL semiconductor currently have 11 directors, including Venkatesh Ramanujam, Nakkeeran Ekambaram, Venkatasubramanian V Meenakshi and others.