About Lemon Flip Solutions Private Limited
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Lemon Flip Solutions Private Limited is a private limited company based in Sangareddy, Telangana, India. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 16 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2016PTC103917. Its GSTIN is 36AADCL0701D1Z7 (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pralay Mandal and Shashi Ray.
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 I – Tic Foundation Indian Institute Of Technology Hyderabad Campus Kandi, Sangareddy, Telangana, India – 502285.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.65 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹67.51 Lakh (net margin 8.8%) and EBITDA of ₹1.09 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 291% over five years.
The company is associated with 3 brands: Lemon Flip Solutions, Lemon Flip Solutions and Iith.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lemonflipsolution.com.
Company details
Contact details
Lemon Flip Solutions Private Limited's registered office is in Sangareddy, Telangana. Its website is lemonflipsolution.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressI – Tic Foundation Indian Institute Of Technology Hyderabad Campus Kandi, Sangareddy, Telangana, India – 502285
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Lemon Flip Solutions Private Limited, buy the company report.
- 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
Brands
Lemon Flip Solutions operates multiple associated brands including Lemon Flip Solutions, LEMON FLIP SOLUTIONS, and Iith. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in RF, Analog, and Digital circuit design services for semiconductor clients. | lemonflipsolutions.com | |
| Specializes in the design and manufacturing of advanced chips. | lemonflipsolution.com | |
| Undergraduate and graduate programs in engineering and sciences are offered. | iith.ac.in |
Business activity
The main business activity of Lemon Flip Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Lemon Flip Solutions Private Limited, buy the company report.
Financials of Lemon Flip Solutions Private Limited
FY 2025 filings availableLemon Flip Solutions Private Limited reported revenue of ₹7.65 Cr (up 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 291% over five years, including 90% growth in the latest year. EBITDA rose 888% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.09 Cr | ||||
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| Net Profit (PAT) | ₹67.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Lemon Flip Solutions Private Limited, buy the company report.
Board of directors of Lemon Flip Solutions Private Limited
Lemon Flip Solutions has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pralay Mandal Also directs: Techwave Instruments Private Limited | Director | 22 Jul 2023 | 3 Years 3 Months | Current |
| Shashi Ray Also directs: Outer Orbit Technologies Private Limited | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Anirban Dhar | Director | 14 Feb 2025 | 1 Years 8 Months | Current |
| Shubham Khaware Also directs: Orivon Software Solutions Private Limited | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
Auditor
Lemon Flip Solutions Private Limited is audited by SANDEEP JALAN & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP JALAN & CO | FY 2024 | 029207C |
Shareholding
The shareholding of Lemon Flip Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lemon Flip Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lemon Flip 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 Lemon Flip Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lemon Flip Solutions Private Limited has 1 active EPFO establishment as of Mar 21, 2024.
GST
Lemon Flip Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCL0701D1Z7 | Telangana | Active | 28 Sep 2017 |
| 19AADCL0701D1Z3 | West Bengal | Active | 25 Dec 2023 |
To see the full GST registrations and return filing status of Lemon Flip Solutions Private Limited, buy the company report.
Recent activity
Lemon Flip Solutions Private Limited has 12 board changes on record since 2018: 4 appointments and 8 cessations. The latest: Anirban Dhar ceased to be Director on 03 Oct 2025.
3 earlier events are in the company report.
Frequently asked questions
Lemon Flip Solutions is an active private limited company based in Sangareddy, Telangana, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 16 March 2016 (10+ years old) and is registered under CIN U72300TG2016PTC103917.
Lemon Flip Solutions has 4 current directors:
- Pralay Mandal - Director
- Shashi Ray - Director
- Anirban Dhar - Director
- Shubham Khaware - Director
The latest financial statements of Lemon Flip 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 FY 2016 are in the company report.
The GSTIN of Lemon Flip Solutions is 36AADCL0701D1Z7, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 19AADCL0701D1Z3 (West Bengal).
The CIN (Corporate Identification Number) of Lemon Flip Solutions is U72300TG2016PTC103917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lemon Flip Solutions was incorporated on 16 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Anirban Dhar ceased to be Director on 03 Oct 2025. Ashudeb Dutta ceased to be Director on 03 Oct 2025. Pralay . Mandal ceased to be Director on 03 Oct 2025. Lemon Flip Solutions has 12 board changes on record in total.
Lemon Flip Solutions can be reached through the website lemonflipsolution.com. Its registered office is in Sangareddy, Telangana, India.
The registered office of Lemon Flip Solutions is at I – Tic Foundation Indian Institute Of Technology Hyderabad Campus Kandi, Sangareddy, Telangana, India – 502285.
Lemon Flip Solutions operates in the information technology industry, in the semiconductor products and services segment.