Cirel Systems Private Limited - Company Profile

Q: Who are the current directors of Cirel Systems Private Limited?

The current directors of Cirel Systems Private Limited are Prakash Easwaran, Srinivasan Chakravarthy, Ganapathy Subramaniam, Sumeet Mathur, Akira Shimizu.

It is a engineering private limited company based in Bangalore North, Karnataka, India, established in 2013.

2013 Bangalore North, Karnataka, India Active

Last Updated: January 04, 2026

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About Cirel Systems Private Limited

Cirel Systems Private Limited, a active private limited company, was established on 04 January 2013 in Bangalore North, Karnataka, India. Engaging in semiconductor fabrication & manufacturing within the professional, scientific and technical sector, it holds CIN: U74999KA2013PTC067530. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.60 Cr and a paid-up capital of ₹1.02 Cr.

It upholds a compliant status. Employing 2 professional, Its leadership includes Prakash Easwaran (Director), Srinivasan Chakravarthy (Director), Ganapathy Subramaniam (Director). Past directors included Nagaraj Azhakesan, Ganapathy Subramaniam, Prasenjit Bhowmik. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 505, 3Rd Cross, B Block,, Aecs Layout, Kundalahalli,, Bangalore North, Karnataka, 560037.

Company Details

CIN/LLPIN
U74999KA2013PTC067530
Registration Number
067530
Incorporation Date
04 January 2013
Authorized Capital
₹1.60 Cr
Paid-Up Capital
₹1.02 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.60 Cr as on 04-01-2026
Paid Up Capital ₹ 1.02 Cr as on 04-01-2026
Company Age 13 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 614.25% (FY 2023)
Profit Growth **** 1551.31% (FY 2023)
Ebitda **** -131.37% (FY 2023)
Net Worth 573.83% (FY 2023)
Total Assets **** 506.49% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Cirel Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cirel Systems Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Prakash Easwaran	Director	04 Jan 2013	Current
Srinivasan Chakravarthy	Director	04 Jan 2013	Current
Ganapathy Subramaniam	Director	13 Jun 2014	Current
Sumeet Mathur	Director	06 Mar 2013	Current
Akira Shimizu	Nominee Director	26 May 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	14 Aug 2014	Past
Pramod Abcsdd	Additional Director	23 Sep 2014	Past
Pramod Abcsdd	Additional Director	26 Jun 2013	Past
Pramod Abcsdd	Additional Director	27 Sep 2013	Past
Pramod Abcsdd	Director	23 Apr 2015	Past

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Financial Performance of Cirel Systems.

Cirel Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 614.25% increase. The company also saw a substantial improvement in profitability, with a 1551.31% increase in profit. The company's net worth Soared by an impressive increase of 573.83%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

614.25%

*******

Revenue from Operations

*******

-13.77%

*******

Total Assets

*******

506.49%

*******

Profit or Loss

*******

1551.31%

*******

Net Worth

*******

573.83%

*******

EBITDA

*******

-131.37%

*******

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What is the Ownership and Shareholding Structure of Cirel Systems?

In 2023, Cirel Systems had a promoter holding of 63.38% and a public holding of 36.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Cirel Systems?

Cirel Systems has a workforce of 2 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Cirel Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cirel Systems's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Cirel Systems

Recent Activity within the Organization

Annual General Meeting

Cirel Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

The activity Cirel Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

Progress on Akira Shimizu was appointed as a Nominee Director was appointed as a Nominee Director on 26 May 2020 & has been associated with this company since 5 years 8 months . was documented.
26 May 2020
Director Appointment

The activity Ganapathy Subramaniam was appointed as a Director was appointed as a Director on 13 Jun 2014 & has been associated with this company since 11 years 7 months . was completed.
13 Jun 2014
Director Appointment

Sumeet Mathur was appointed as a Director was appointed as a Director on 06 Mar 2013 & has been associated with this company since 12 years 11 months . was recorded as a recent event.
06 Mar 2013
Director Appointment

Prakash Easwaran was appointed as a Director was appointed as a Director on 04 Jan 2013 & has been associated with this company since 13 years 1 month . was recorded as a recent event.
04 Jan 2013

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