Chipspirit Technologies Private Limited

Chipspirit Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2018PTC111659 Incorporated 26 March 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology DPIIT Startup MSME · Small
Revenue · FY 2024
₹15.88 Cr
▲ 16% YoY
Net profit · FY 2024
₹4.75 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹39.19 Lakh
EBITDA margin 2.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
75
Provident fund records

About Chipspirit Technologies Private Limited

Data last updated:

Chipspirit Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 26 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC111659. Its GSTIN is 29AAHCC4898G1Z3 (Karnataka).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Shailja Jindal and Mohan Kumar Jindal.

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 Ground Floor South Block Vaishnavi Tech Park, Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.88 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.75 Lakh (net margin 0.3%) and EBITDA of ₹39.19 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 83% over three years and 108% over five years.

The company has about 75 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Chipspirit. As per MCA filings, the company has open charges of ₹2 Cr on record. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in July 2020. The company has 3 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 2 micro and small suppliers.

Chipspirit Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0037578). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chipspirit.com.

Company details

CIN U72900KA2018PTC111659
Registration Number 111659
Incorporation Date 26 March 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0037578
Key People
Shailja Jindal Director Mohan Kumar Jindal Director Satish Kumar Jindal Director

Recognitions & Rankings of Chipspirit Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0037578

Contact details

Chipspirit Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is chipspirit.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    chipspirit.com
  • Social Media
  • Registered Address
    Ground Floor South Block Vaishnavi Tech Park, Bellandur Gate Sarjapur Main Road Ambalipura, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, Semiconductor Products & Services, IT Consulting & Support Services

To see the full contact details of Chipspirit Technologies Private Limited, buy the company report.

Comprehensive company report
Chipspirit Technologies Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

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

BrandDescriptionWebsite
Chipspirit
Manufacturing of chipspirit and circuits is conducted in Bengaluru, India.chipspirit.com

Business activity

The main business activity of Chipspirit Technologies is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Chipspirit Technologies Private Limited, buy the company report.

Financials of Chipspirit Technologies Private Limited

FY 2024 filings available

Chipspirit Technologies Private Limited reported revenue of ₹15.88 Cr (up 16% YoY) for FY 2024.

Revenue · FY 2024
₹15.88 Cr ▲ 16%
Net profit · FY 2024
₹4.75 Lakh margin 0.3%
EBITDA · FY 2024
₹39.19 Lakh margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 83%
5 years · compounded
▲ 108%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▲ 6%
5 years · compounded
▲ 108%

Revenue has grown at a compounded annual rate (CAGR) of 108% over five years, including 16% growth in the latest year. EBITDA fell 85% 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

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₹39.19 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.75 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.5%
Net Profit Margin0.3%
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 Chipspirit Technologies Private Limited, buy the company report.

Board of directors of Chipspirit Technologies Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Shailja JindalDirector22 Dec 20187 Years 10 MonthsCurrent
Mohan Kumar JindalDirector18 May 20188 Years 5 MonthsCurrent
Satish Kumar JindalDirector26 Mar 20188 Years 7 MonthsCurrent
View all directors

Auditor

Chipspirit Technologies Private Limited is audited by PRAFUL PADANAD for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRAFUL PADANADFY 2023242328

Shareholding

The shareholding of Chipspirit Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Chipspirit Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Jun 2022100596245Hdfc Bank Limited₹2 CrOpen

To see the full charge records of Chipspirit Technologies Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Chipspirit Technologies Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in July 2020.

Total deals
4
Rights issues
2
Secondary share transfers
2

Deals on record (4 of 4)

WhenDealAmountParties
Jul 2020Rights issue₹10 LakhInvestors: an individual
Jul 2020Rights issue₹9 LakhInvestors: an individual
May 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Chipspirit Technologies Private Limited has 3 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Hownwhy Education Solutions Private Limited
LRNS Consulting LLP

To see the full MSME payment records of Chipspirit Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Chipspirit Technologies Private Limited has a workforce of 75 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
75
Active EPFO establishments
1
Employee growth
-5.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2775
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20

To see the full employee and EPFO history of Chipspirit Technologies Private Limited, buy the company report.

GST

Chipspirit Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCC4898G1Z3KarnatakaActive02 Jun 2018

To see the full GST registrations and return filing status of Chipspirit Technologies Private Limited, buy the company report.

Recent activity

Chipspirit Technologies Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Mohan Kumar Jindal ceased to be Additional Director on 31 Dec 2019.

AGM
Chipspirit Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Chipspirit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 200.00 Lakh registered on 22 Jun 2022 with Charge ID 100596245 was modified on 20 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100596245 was registered on 22 Jun 2022.
Ceased
Mohan Kumar Jindal ceased to be Additional Director.
Ceased
Shailja Jindal ceased to be Additional Director.
Appointed
Shailja Jindal was appointed as Director.
Appointed
Mohan Kumar Jindal was appointed as Director.
Ceased
Vibhavari Vijay Vaidya ceased to be Director.
Appointed
Satish Kumar Jindal was appointed as Director.
Incorporation
26 Mar 2018
Chipspirit Technologies Private Limited was registered on 26 Mar 2018 with Roc Bangalore & aged 8 years 7 months as per MCA records.

Frequently asked questions

Chipspirit Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 26 March 2018 (8+ years old) and is registered under CIN U72900KA2018PTC111659.

Chipspirit Technologies has 3 current directors:

The latest financial statements of Chipspirit Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Chipspirit Technologies is 29AAHCC4898G1Z3, registered in Karnataka.

The CIN (Corporate Identification Number) of Chipspirit Technologies is U72900KA2018PTC111659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chipspirit Technologies was incorporated on 26 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Chipspirit Technologies has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in July 2020.

Mohan Kumar Jindal ceased to be Additional Director on 31 Dec 2019. Shailja Jindal ceased to be Additional Director on 31 Dec 2019. Shailja Jindal was appointed as Director on 22 Dec 2018. Chipspirit Technologies has 6 board changes on record in total.

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

Yes, Chipspirit Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0037578).

Chipspirit Technologies has 3 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 24 Oct 2022.