MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0283458
Circuitects Electronic Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹98.04 Lakh
▲ 119% YoY
Net loss · FY 2024
₹8,071
Net margin -0.1%
EBITDA · FY 2024
₹2.73 Lakh
EBITDA margin 2.8%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Satisfied charges
₹80 Lakh
No open charges
Company age
17 yrs
Est. 2009
Employees · EPFO
7
Provident fund records
About Circuitects Electronic Solutions Private Limited
Data last updated:
Circuitects Electronic Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 22 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA2009PTC074273. Its GSTIN is 29AADCC8887F1Z4 (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It was formerly known as Circuitect Electronic Solutions Private Limited. It is led by directors including Ashwin Whitchurch (Managing Director) and Ojha Biswajit.
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 526 2nd Floor 7th Cross 10 Thmain Jeevan Bimanagar Haliii Stage, Bangalore, Karnataka, India – 560075.
As per the financials filed for FY 2024, the company reported a revenue of ₹98.04 Lakh, a growth of 119% compared to the previous year. For the same year it recorded a net loss of ₹8,071 (net margin -0.1%) and EBITDA of ₹2.73 Lakh (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 17% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Circuitects Electronic Solutions Pvt Ltd. As per MCA filings, the company has satisfied charges of ₹80 Lakh on record.
Circuitects Electronic Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0283458). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website circuitects.com.
Company details
CIN U29299KA2009PTC074273
Registration Number 074273
Incorporation Date 22 December 2009
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
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0283458
CIN history
Circuitects Electronic Solutions has one previous CIN (Corporate Identification Number): U29299TZ2009PTC015703. The current CIN is U29299KA2009PTC074273, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299KA2009PTC074273 | Current |
| U29299TZ2009PTC015703 | Previous |
Recognitions & Rankings of Circuitects Electronic Solutions
Contact details
Circuitects Electronic Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is circuitects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address526 2nd Floor 7th Cross 10 Thmain Jeevan Bimanagar Haliii Stage, Bangalore, Karnataka, India – 560075
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Circuitects Electronic Solutions Private Limited, buy the company report.
Comprehensive company report
Circuitects Electronic Solutions 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
Circuitects Electronic Solutions operates one associated brand: Circuitects Electronic Solutions Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronics design and manufacturing services are provided by Circuitects Electronic Solutions Pvt Ltd. | circuitects.com |
Business activity
The main business activity of Circuitects Electronic Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Circuitects Electronic Solutions Private Limited, buy the company report.
Financials of Circuitects Electronic Solutions Private Limited
FY 2025 filings availableCircuitects Electronic Solutions Private Limited reported revenue of ₹98.04 Lakh (up 119% YoY) for FY 2024.
Revenue · FY 2024
₹98.04 Lakh ▲ 119%
Net loss · FY 2024
₹8,071 margin -0.1%
EBITDA · FY 2024
₹2.73 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 119%
3 years · compounded
▼ 28%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 104%
3 years · compounded
▼ 62%
5 years · compounded
▼ 43%
Revenue rose 119% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 104% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.73 Lakh | ||||
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| Net Profit (PAT) | -₹8,071 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Circuitects Electronic Solutions Private Limited, buy the company report.
Board of directors of Circuitects Electronic Solutions Private Limited
Circuitects Electronic Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ojha Biswajit | Director | 15 Dec 2018 | 7 Years 10 Months | Current |
| Ashwin Whitchurch | Managing Director | 22 Dec 2009 | 16 Years 10 Months | Current |
| Thomas Whitchurch | Director | 22 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Circuitects Electronic Solutions Private Limited is audited by GHADEI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHADEI & ASSOCIATES | FY 2019 | 014041S |
Shareholding
The shareholding of Circuitects Electronic Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Circuitects Electronic Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹80 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2020 | 100393706 | Hdfc Bank Limited | ₹45 Lakh | Satisfied | |
| 29 Jul 2017 | 100122403 | Yes Bank Limited | ₹35 Lakh | Satisfied |
To see the full charge records of Circuitects Electronic Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Circuitects Electronic Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Circuitects Electronic Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Circuitects Electronic Solutions Private Limited has a workforce of 7 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-12.5%
GST
Circuitects Electronic Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC8887F1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Circuitects Electronic Solutions Private Limited, buy the company report.
Recent activity
Circuitects Electronic Solutions Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Ojha Biswajit was appointed as Director on 15 Dec 2018.
AGM
Circuitects Electronic Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Circuitects Electronic Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 19 Oct 2020 via Charge ID 100393706 with Hdfc Bank Limited was fully satisfied on 22 Feb 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Lakh with Charge ID 100393706 was registered on 19 Oct 2020.
Charges
A charge registered on 29 Jul 2017 via Charge ID 100122403 with Yes Bank Limited was fully satisfied on 28 Sep 2020.
Appointed
Ojha Biswajit was appointed as Director.
Charges
A charge with Yes Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 100122403 was registered on 29 Jul 2017.
Appointed
Ashwin Whitchurch was appointed as Managing Director.
Appointed
Thomas Whitchurch was appointed as Director.
Incorporation
22 Dec 2009
Circuitects Electronic Solutions Private Limited was registered on 22 Dec 2009 with Roc Bangalore & aged 16 years 10 months as per MCA records.
Frequently asked questions
Circuitects Electronic Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 22 December 2009 (17+ years old) and is registered under CIN U29299KA2009PTC074273.
Circuitects Electronic Solutions has 3 current directors:
- Ashwin Whitchurch - Managing Director
- Ojha Biswajit - Director
- Thomas Whitchurch - Director
The latest financial statements of Circuitects Electronic Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Circuitects Electronic Solutions is 29AADCC8887F1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Circuitects Electronic Solutions is U29299KA2009PTC074273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Circuitects Electronic Solutions was incorporated on 22 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Ojha Biswajit was appointed as Director on 15 Dec 2018. Ashwin Whitchurch was appointed as Managing Director on 22 Dec 2009. Thomas Whitchurch was appointed as Director on 22 Dec 2009.
Yes, Circuitects Electronic Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0283458).
Circuitects Electronic Solutions can be reached through the website circuitects.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Circuitects Electronic Solutions is at 526 2nd Floor 7th Cross 10 Thmain Jeevan Bimanagar Haliii Stage, Bangalore, Karnataka, India – 560075.