About Circuit Systems (India) Private Limited
Data last updated: 06 February 2026
Circuit Systems (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It specialises in electronic components and equipment manufacturing, a part of the broader technology and IT services sector. Incorporated on 08 February 1995, the company has been in operation for over 31 years.
Registered with ROC Ahmedabad under CIN U74140GJ1995PTC024524.
Capital: an authorised share capital of ₹16 Cr and a paid-up capital of ₹9.7 Cr. It is led by directors including Paresh Navnit Vasani and Jayesh Hashmukhlal Shah.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Jayantilal Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.1 Cr, a growth of 10% compared to the previous year.
The company has a workforce of approximately 372 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 3 brands - Pcb Power Market, Indian Pcb, Pcb Wala. As per MCA filings, the company has open charges of ₹57.64 Cr and satisfied charges of ₹41.4 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 pcbpower.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressUnit No.1001 10Th Floor One42 South Tower Nr Ashok Vatika Opp.Jayantilal Park Brts Ambli, Bopal Road, Ahmedabad, Gujarat, India – 380058
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IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Circuit Systems (India) Private Limited
Circuit Systems (India) Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140GJ1995PTC024524, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140GJ1995PTC024524 | Current |
| U74140GJ1995PLC024524 | Previous |
| L74140GJ1995PLC024524 | Previous |
Associated Brands with Circuit Systems (India) Private Limited
Circuit Systems (India) Private Limited operates multiple associated brands including PCB Power Market, Indian PCB, and PCB Wala. These brands represent Circuit Systems (India) Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| PCB design, fabrication, and assembly services in electronics manufacturing. | pcbpower.com | |
| PCB design, fabrication, and assembly services for electronics industries. | pcbwala.com | |
| PCB manufacturing, fabrication, assembly, and component sourcing services in India and the USA. | indianpcb.com |
Business Activity of Circuit Systems (India) Private Limited
Circuit Systems (India) Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | ********* |
Auditor Details of Circuit Systems (India) Private Limited
Circuit Systems (India) Private Limited is audited by HEMANSHU SHAH & CO for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HEMANSHU SHAH & CO | blur-value | blur-value | blur-value |
Board of Directors of Circuit Systems (India) Private Limited
Circuit Systems (India) Private Limited is currently managed by 4 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Paresh Navnit Vasani
Also directs:
Navorix Llp, Mechpower Technology Private Limited, Eurocircuits India Private Limited and 4 more
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Managing Director | 08 Feb 1995 | 31 Years 5 Months | Current |
|
Jayesh Hashmukhlal Shah
Also directs:
Mechpower Technology Private Limited, Eurocircuits India Private Limited, Pcb Power (India) Limited and 2 more
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Director | 03 Dec 2011 | 14 Years 7 Months | Current |
| Jasmine Paresh Vasani | Director | 06 Apr 2016 | 10 Years 3 Months | Current |
Financials of Circuit Systems (India) Private Limited FY 2025 filings available
Circuit Systems (India) Private Limited reported revenue of ₹90.1 Cr (up 10% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Circuit Systems (India) Private Limited
As of FY 2024, Circuit Systems (India) Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Circuit Systems (India) Private Limited
Circuit Systems (India) Private Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Circuit Systems (India) Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Pcb Power (India) Limited | U31909GJ2006PLC047552 |
**.**%
|
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Circuit Systems (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2023 | Hdfc Bank Limited | ₹9.75 Cr | Open |
| 30 Sep 2015 | Hdfc Bank Limited | ₹47.89 Cr | Open |
| 18 Feb 2022 | Hdfc Bank Limited | ₹3 Cr | Satisfied |
| 23 May 2019 | Others | ₹3.5 Cr | Satisfied |
| 28 Mar 2012 | The Kalupur Commercial Co Operative Bank Limited | ₹5 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Circuit Systems (India) Private Limited
Circuit Systems (India) Private Limited has a workforce of 372 employees as of Oct 11, 2025.
Employee Count & EPFO Data of Circuit Systems (India) Private Limited
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GST Compliance of Circuit Systems (India) Private Limited
GSTIN & GST Filing Data of Circuit Systems (India) Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Circuit Systems (India) Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Circuit Systems (India) Private Limited
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MSME Payment Delays by Circuit Systems (India) Private Limited
MSME Payment Delays by Circuit Systems (India) Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Circuit Systems (India) Private Limited
Subsidiaries & Group Companies of Circuit Systems (India) Private Limited
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MCA Filings & Documents of Circuit Systems (India) Private Limited
MCA Filings & Documents of Circuit Systems (India) Private Limited
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Recent Activity on Circuit Systems (India) Private Limited
Frequently Asked Questions about Circuit Systems (India) Private Limited
Circuit Systems (India) Private Limited is an active private limited company in the information technology sector based in Ahmedabad, Gujarat, India. It was incorporated on 08 February 1995 (31+ years old) and is registered under CIN U74140GJ1995PTC024524. The company has 372 employees.
Circuit Systems (India) Private Limited reported revenue of ₹90.1 Cr for FY 2025 (up 10.00% YoY).
The current directors of Circuit Systems (India) Private Limited are:
- Paresh Navnit Vasani
- Jayesh Hashmukhlal Shah
- Jasmine Paresh Vasani
- Preeti Amit Chouksey
The primary industry of Circuit Systems (India) Private Limited is information technology. The company specifically operates in electronic components and equipment manufacturing. The company is currently active in this sector.
Circuit Systems (India) Private Limited can be reached at the registered office: Unit No.1001 10Th Floor One42 South Tower Nr Ashok Vatika Opp.Jayantilal Park Brts Ambli, Bopal Road, Ahmedabad, Gujarat, India – 380058, or through the website pcbpower.com.
The authorised capital is ₹16 Cr, and the paid-up capital is ₹9.7 Cr.