Chip Logic Technologies Private Limited

Chip Logic Technologies Private Limited - information technology in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH2007PTC172578 Incorporated 24 July 2007 ROC Nagpur HQ Nagpur, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹19.95 Lakh
▲ 14% YoY
Net profit · FY 2024
₹1.14 Lakh
Net margin 5.7%
EBITDA · FY 2024
₹1.58 Lakh
EBITDA margin 7.9%
Authorised capital
₹1.25 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Chip Logic Technologies Private Limited

Data last updated:

Chip Logic Technologies Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 July 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U72200MH2007PTC172578. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1.25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajay Shanker and Anuradha Vasant Bele.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 06 Mahajan Wadi Manav Seva Nagar Seminary Hills, Nagpur, Maharashtra, India – 440006.

As per the financials filed for FY 2024, the company reported a revenue of ₹19.95 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.14 Lakh (net margin 5.7%) and EBITDA of ₹1.58 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 101% over five years.

The company is associated with 1 brand: Chip Logic Technologies.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chiplogictechnologies.com.

Company Details of Chip Logic Technologies Private Limited
CIN U72200MH2007PTC172578
Registration Number 172578
Incorporation Date 24 July 2007
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. 06 Mahajan Wadi Manav Seva Nagar Seminary Hills, Nagpur, Maharashtra, India – 440006
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Chip Logic Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Chip Logic Technologies Private Limited

The main business activity of Chip Logic Technologies 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 Chip Logic Technologies Private Limited FY 2024 filings available

Chip Logic Technologies Private Limited reported revenue of ₹19.95 Lakh (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹19.95 Lakh ▲ 14%
Net profit · FY 2024
₹1.14 Lakh margin 5.7%
EBITDA · FY 2024
₹1.58 Lakh margin 7.9%

Compounded Annual Growth Rate (CAGR) of Chip Logic Technologies Private Limited

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 16%
5 years · compounded
▲ 101%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 27%
5 years · compounded
▲ 54%

Revenue has grown at a compounded annual rate (CAGR) of 101% over five years, including 14% growth in the latest year. EBITDA rose 25% 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 Chip Logic Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹1.58 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.14 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 of Chip Logic Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.9%••••••••••••••••
Net Profit Margin5.7%••••••••••••••••
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 Chip Logic Technologies are in the company report.

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Financial statements from 2015

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Auditor Details of Chip Logic Technologies Private Limited

Chip Logic Technologies Private Limited is audited by OJHA AGRAWAL & ASSOCIATES for the financial year 2015.

NameStatusAppointment DateCessation Date
OJHA AGRAWAL & ASSOCIATESLockedLockedLocked
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Board of Directors of Chip Logic Technologies Private Limited

Chip Logic Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay ShankerDirector31 Mar 201610 Years 6 MonthsCurrent
Anuradha Vasant BeleDirector31 Mar 201610 Years 6 MonthsCurrent

Ownership and Shareholding of Chip Logic Technologies Private Limited

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Charges & Borrowings of Chip Logic Technologies Private Limited

Chip Logic Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Chip Logic Technologies Private Limited

Chip Logic Technologies operates one associated brand: Chip Logic Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive software, mobile application, and web development services.chiplogictechnologies.com

Employees and EPFO Compliance at Chip Logic Technologies Private Limited

Employment history and EPFO contributions of people linked to Chip Logic Technologies.

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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 Chip Logic Technologies Private Limited

Chip Logic Technologies Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Shashikant M Deshpande ceased to be Director on 12 Sep 2016.

AGM
Chip Logic Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Chip Logic Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Nagpur.
Ceased
Shashikant M Deshpande ceased to be Director.
Ceased
Vivek Brajendra Singh ceased to be Director.
Appointed
Ajay Shanker was appointed as Director.
Appointed
Anuradha Vasant Bele was appointed as Director.
Ceased
Vaibhav Tulshiram Tarate ceased to be Director.
Incorporation
24 Jul 2007
Chip Logic Technologies Private Limited was registered on 24 Jul 2007 with Roc Nagpur & aged 19 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Chip Logic Technologies Private Limited

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MSME Payment Delays by Chip Logic Technologies Private Limited

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Subsidiaries & Group Companies of Chip Logic Technologies Private Limited

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GST Compliance of Chip Logic Technologies Private Limited

Chip Logic Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

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MCA Filings & Documents of Chip Logic Technologies Private Limited

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MCA filings and documents

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Frequently Asked Questions about Chip Logic Technologies Private Limited

Chip Logic Technologies is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 July 2007 (19+ years old) and is registered under CIN U72200MH2007PTC172578.

Chip Logic Technologies reported revenue of ₹19.95 Lakh for FY 2024 (up 14% YoY).

Chip Logic Technologies has 2 current directors:

Chip Logic Technologies reported a net profit of ₹1.14 Lakh (net margin 5.7%) and EBITDA of ₹1.58 Lakh (EBITDA margin 7.9%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Chip Logic Technologies is 16% over three years and 101% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.

No. Chip Logic Technologies has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Chip Logic Technologies is U72200MH2007PTC172578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chip Logic Technologies was incorporated on 24 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Nagpur.

Shashikant M Deshpande ceased to be Director on 12 Sep 2016. Vivek Brajendra Singh ceased to be Director on 12 Sep 2016. Ajay Shanker was appointed as Director on 31 Mar 2016. Chip Logic Technologies has 5 board changes on record in total.

Yes, Chip Logic Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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