About Lsi India Research & Development Private Limited
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Lsi India Research & Development Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Avago Technologies Holdings B.V.. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 02 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32105KA2005PTC046729. Its GSTIN is 29AAECM1677N1ZU (Karnataka). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹58.9 Cr and a paid-up capital of ₹21.8 Cr. It was formerly known as Metta Semiconductor Private Limited and Lsi Research & Development Pune Private Limited. It is led by directors including Jiju George (Whole-Time Director) and Lee Kian Ching.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,069.76 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹448.44 Cr (net margin 8.8%) and EBITDA of ₹952.64 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 1,902 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Broadcom. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it; 2 cases are pending. The company has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹9.33 Cr; the latest was in October 2022. The company has 24 MSME Form 1 returns on record between 2019 and 2024, listing 1,381 overdue payments to 99 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website broadcom.com.
Company details
Name history
Lsi India Research & Development has undergone 2 name changes throughout its history. The company was previously known as Metta Semiconductor Private Limited, and Lsi Research & Development Pune Private Limited. The current legal name is Lsi India Research & Development Private Limited.
| Company Name | Status |
|---|---|
| Lsi India Research & Development Private Limited | Current |
| Metta Semiconductor Private Limited | Previous |
| Lsi Research & Development Pune Private Limited | Previous |
CIN history
Lsi India Research & Development has one previous CIN (Corporate Identification Number): U32105PN2005PTC020231. The current CIN is U32105KA2005PTC046729, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32105KA2005PTC046729 | Current |
| U32105PN2005PTC020231 | Previous |
Contact details
Lsi India Research & Development Private Limited's registered office is in Bangalore, Karnataka. Its website is broadcom.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS1 Wipro Electronic City Special Economic Zone Doddathogur Village Begur Hobli Electro, Nic City, Bangalore, Karnataka, India – 560100
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Lsi India Research & Development 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
Lsi India Research & Development operates one associated brand: Broadcom. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data center fiber optic networks and connectivity solutions are provided. | broadcom.com |
Business activity
The main business activity of Lsi India Research & Development is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Lsi India Research & Development Private Limited, buy the company report.
Financials of Lsi India Research & Development Private Limited
FY 2025 filings availableLsi India Research & Development Private Limited reported revenue of ₹5,069.76 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 4% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5,069.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹952.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹448.44 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 8.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Lsi India Research & Development Private Limited, buy the company report.
Board of directors of Lsi India Research & Development Private Limited
Lsi India Research & Development has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lee Kian Ching | Director | 04 Feb 2022 | 4 Years 9 Months | Current |
| Jiju George | Whole-Time Director | 24 Jun 2016 | 10 Years 4 Months | Current |
| Nirupama Pillai | Director | 10 Jun 2024 | 2 Years 5 Months | Current |
Auditor
Lsi India Research & Development Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2025 | 304026E/E-300009 |
Shareholding
The shareholding of Lsi India Research & Development Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lsi India Research & Development Private Limited, buy the company report.
Deals & funding
Lsi India Research & Development Private Limited has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹9.33 Cr; the latest was in October 2022.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: Avago Technologies Holdings B V Seller: Lsi Technology Singapore Pte Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Seller: LSI Logic Corporation USA |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: LSI Logic Corporation USA Seller: Lsi Corporation |
| May 2013 | Secondary share transfer | Undisclosed | Seller: Lsi Technology Singapore Pte Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Lsi Technology Singapore Pte Limited Seller: LSI Logic Singapore Pte Limited |
To see the full deal history of Lsi India Research & Development Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lsi India Research & Development Private Limited has 16 court cases on record: 8 filed by Lsi India Research & Development, 8 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 7 | 2 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Wipro Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Shaip AI Data India LLP | Disposed |
| High Court | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against The Assistant Commissioner of Commercial Taxes (Audit) - | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax and 1 other | Pending |
To see the full case history of Lsi India Research & Development Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Lsi India Research & Development Private Limited has 24 MSME Form 1 returns on record between 2019 and 2024, listing 1,381 overdue payments to 99 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 99)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Alpha Exim Management Private Limited | |||
| Prodigy Technovations Private Limited | |||
| Abhinav Systech Private Limited | |||
| Ergoworks Inc |
To see the full MSME payment records of Lsi India Research & Development Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lsi India Research & Development Private Limited has a workforce of 1,902 employees on its EPFO records as of May 2026, across 6 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,902 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2011-12 |
To see the full employee and EPFO history of Lsi India Research & Development Private Limited, buy the company report.
GST
Lsi India Research & Development has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM1677N1ZU | Karnataka | Active | 01 Jul 2017 |
| 29AAECM1677N3ZS | Karnataka | Active | 13 Jul 2017 |
| 36AAECM1677N1ZZ | Telangana | Active | 26 Nov 2019 |
To see the full GST registrations and return filing status of Lsi India Research & Development Private Limited, buy the company report.
Recent activity
Lsi India Research & Development Private Limited has 19 board changes on record since 2007: 3 appointments and 16 cessations. The latest: Nirupama Pillai ceased to be Additional Director on 29 Sep 2024.
10 earlier events are in the company report.
News
Frequently asked questions
Lsi India Research & Development is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 02 February 2005 (21+ years old) and is registered under CIN U32105KA2005PTC046729.
Lsi India Research & Development has 3 current directors:
- Jiju George - Whole-Time Director
- Lee Kian Ching - Director
- Nirupama Pillai - Director
The latest financial statements of Lsi India Research & Development on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lsi India Research & Development is 29AAECM1677N1ZU, registered in Karnataka. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAECM1677N3ZS (Karnataka), 36AAECM1677N1ZZ (Telangana).
The CIN (Corporate Identification Number) of Lsi India Research & Development is U32105KA2005PTC046729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lsi India Research & Development has 16 court cases on record: 8 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Lsi India Research & Development was incorporated on 02 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Lsi India Research & Development has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹9.33 Cr; the latest was in October 2022.
Nirupama Pillai ceased to be Additional Director on 29 Sep 2024. Nirupama Pillai was appointed as Director on 10 Jun 2024. Lee Kian Ching ceased to be Additional Director on 30 Sep 2022. Lsi India Research & Development has 19 board changes on record in total.
Lsi India Research & Development has 24 MSME Form 1 returns on record between 2019 and 2024, listing 1,381 overdue payments to 99 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Lsi India Research & Development can be reached through the website broadcom.com. Its registered office is in Bangalore, Karnataka, India.
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