Chipsync Technologies Private Limited

Chipsync Technologies Private Limited - information technology in Mysore, Karnataka, India. Directors, charges & compliance details.
CIN U72909KA2016PTC092870 Incorporated 03 May 2016 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹2.58 Cr
▼ 31% YoY
Net profit · FY 2023
₹19.88 Lakh
Net margin 7.7%
EBITDA · FY 2023
₹32.64 Lakh
EBITDA margin 12.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Open charges
₹1.6 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings

About Chipsync Technologies Private Limited

Data last updated:

Chipsync Technologies Private Limited is a private limited company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72909KA2016PTC092870.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Kurunji Bojappa Hariprasad (Managing Director) and Rohith Devegowda Thota.

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 Mysore, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.58 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹19.88 Lakh (net margin 7.7%) and EBITDA of ₹32.64 Lakh (EBITDA margin 12.6%).

The company is associated with 1 brand: ChipSync Technologies. As per MCA filings, the company has open charges of ₹1.6 Cr on record.

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

Company Details of Chipsync Technologies Private Limited
CIN U72909KA2016PTC092870
Registration Number 092870
Incorporation Date 03 May 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    No 1355 80 Feet Main Road Near Water Tank Ward No 20 Vijayanagar 2, Nd Stage, Mysore, Karnataka, India – 570017
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Chipsync Technologies Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Associated Brands with Chipsync Technologies Private Limited

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

BrandDescriptionWebsite
Provides software solutions for automotive infotainment, connected cars, and embedded systems.chipsynctech.com

Competitors & Alternatives of Chipsync Technologies Private Limited

Brands and companies operating in the same space as Chipsync Technologies Private Limited include Borqs, PATEO, NNG and 6 more.

CompetitorDescriptionLocationFounded
Borqs Borqs Borqs is recognized as a global leader in IoT solutions.Santa Clara, United States2007
PATEO PATEO Saas & AI enabled infotainment solutions for connected vehiclesShanghai, China2009
NNG NNG White-label connected car navigation and infotainment solutions are provided.Budapest, Hungary2004
Carbit Carbit In-vehicle infotainment systems and driving apps are provided.Beijing, China2014
Nonda Nonda Developer of connected car devices and related car expense saving servicesPalo Alto, United States2014
Foryou Corporation Foryou Corporation Automotive electronics and intelligent components are supplied for vehicles.Huizhou, China1993
Rand McNally Rand McNally Commercial Transportation, Travel & Mobile Resource ManagementChicago, United States1856
Autel Autel Vehicle and battery diagnostics systems are manufactured by Autel.Farmingdale, United States2004
Hyundai Motor Group Hyundai Motor Group Develops innovative automotive technologies and proprietary solutions for various sectors.Seoul, South Korea2000

Business Activity of Chipsync Technologies Private Limited

The main business activity of Chipsync Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Board of Directors of Chipsync Technologies Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Rohith Devegowda ThotaDirector03 May 201610 Years 5 MonthsCurrent
Kurunji Bojappa HariprasadManaging Director19 Feb 20215 Years 7 MonthsCurrent
Mahabaleshwara Rao AkashDirector01 Jun 20215 Years 4 MonthsCurrent

Financials of Chipsync Technologies Private Limited FY 2025 filings available

Chipsync Technologies Private Limited reported revenue of ₹2.58 Cr (down 31% YoY) for FY 2023.

Revenue · FY 2023
₹2.58 Cr ▼ 31%
Net profit · FY 2023
₹19.88 Lakh margin 7.7%
EBITDA · FY 2023
₹32.64 Lakh margin 12.6%

Compounded Annual Growth Rate (CAGR) of Chipsync Technologies Private Limited

Revenue CAGR growth
1 year
▼ 31%
EBITDA CAGR growth
1 year
▼ 67%

Revenue fell 31% in the latest year. EBITDA fell 67% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Chipsync Technologies Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹32.64 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹19.88 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 Chipsync Technologies Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin12.6%••••••••••••••••
Net Profit Margin7.7%••••••••••••••••
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 Chipsync Technologies are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

  • Income statements
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Verified entity values are shown only after access is granted.

Charges & Borrowings of Chipsync Technologies Private Limited

Open charges
₹1.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.60 Cr
Latest charge details
DateLenderAmountStatus
28 Apr 2025Others₹10 LakhOpen
28 Apr 2025Others₹1.5 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Chipsync Technologies Private Limited

Employment history and EPFO contributions of people linked to Chipsync Technologies.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

Verified entity values are shown only after access is granted.

GST Compliance of Chipsync Technologies Private Limited

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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Chipsync Technologies Private Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

  • Rating history
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MSME Payment Delays by Chipsync Technologies Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

  • Outstanding amounts
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Subsidiaries & Group Companies of Chipsync Technologies Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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MCA Filings & Documents of Chipsync Technologies Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

  • Incorporation documents
  • Annual returns and statements
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  • Complete filing index

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Recent Activity on Chipsync Technologies Private Limited

Activity
30 Sep 2025
Chipsync Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
28 Apr 2025
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 101098736 was registered on 28 Apr 2025.
Charges
28 Apr 2025
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101098740 was registered on 28 Apr 2025.
Activity
31 Mar 2025
Chipsync Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
01 Jun 2021
Mahabaleshwara Rao Akash was appointed as a Director on 01 Jun 2021 & has been associated with this company since 5 years 4 months.
Directors
19 Feb 2021
Kurunji Bojappa Hariprasad was appointed as a Managing Director on 19 Feb 2021 & has been associated with this company since 5 years 7 months.

Frequently Asked Questions about Chipsync Technologies Private Limited

Chipsync Technologies is an active private limited company based in Mysore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 May 2016 (10+ years old) and is registered under CIN U72909KA2016PTC092870.

Chipsync Technologies reported revenue of ₹2.58 Cr for FY 2023 (down 31% YoY).

Chipsync Technologies has 3 current directors:

Chipsync Technologies reported a net profit of ₹19.88 Lakh (net margin 7.7%) and EBITDA of ₹32.64 Lakh (EBITDA margin 12.6%) for FY 2023, as per its filed financial statements.

The CIN (Corporate Identification Number) of Chipsync Technologies is U72909KA2016PTC092870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chipsync Technologies was incorporated on 03 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

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

Chipsync Technologies can be reached through the website chipsynctech.com. Its registered office is in Mysore, Karnataka, India.

The registered office of Chipsync Technologies is at No 1355 80 Feet Main Road Near Water Tank Ward No 20 Vijayanagar 2, Nd Stage, Mysore, Karnataka, India – 570017.

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