Maxim India Integrated Circuit Design Private Limited

Maxim India Integrated Circuit Design Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U30005KA2002PTC030230 Incorporated 13 March 2002 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME
Revenue · FY 2023
₹151.35 Cr
▲ 40% YoY
Net profit · FY 2023
₹21.92 Cr
Net margin 14.5%
EBITDA · FY 2023
₹29.46 Cr
EBITDA margin 19.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹13.27 Lakh
Issued & subscribed
Company age
24 yrs
Est. 2002
Employees · EPFO
377
Provident fund records
Directors on board
2
As per MCA filings

About Maxim India Integrated Circuit Design Private Limited

Data last updated:

Maxim India Integrated Circuit Design Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Maxim International Holdings, Inc., Usa. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 13 March 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30005KA2002PTC030230. Its GSTIN is 29AACCM9437E1Z9 (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13.27 Lakh. It is led by directors Vimal Chandrakant Bhatt (Managing Director) and Clarence Louis.

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 Bangalore, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹151.35 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹21.92 Cr (net margin 14.5%) and EBITDA of ₹29.46 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.

The company has about 377 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Maxim Integrated. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10.9 Cr; the latest was in March 2014. The company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 289 overdue payments to 32 micro and small suppliers.

Maxim India Integrated Circuit Design Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0012071). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maximintegrated.com.

Company details

CIN U30005KA2002PTC030230
Registration Number 030230
Incorporation Date 13 March 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Maxim International Holdings, Inc., Usa
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0012071
Key People
Vimal Chandrakant Bhatt Managing Director Clarence Louis Director

Recognitions & Rankings of Maxim India Integrated Circuit Design

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0012071

Contact details

Maxim India Integrated Circuit Design Private Limited's registered office is in Bangalore, Karnataka. Its website is maximintegrated.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    maximintegrated.com
  • Social Media
  • Registered Address
    4 Flrtowerbcommerciomantri S#51/2/3/4 Devarabisanahallikariyammanaagraharas39/5 Var, Thurhobli, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, Semiconductor Products & Services

To see the full contact details of Maxim India Integrated Circuit Design Private Limited, buy the company report.

Comprehensive company report
Maxim India Integrated Circuit Design 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

Maxim India Integrated Circuit Design operates one associated brand: Maxim Integrated. Each brand links to its own profile.

BrandDescriptionWebsite
Maxim Integrated
Analog and mixed-signal integrated circuits are manufactured for diverse applications.maximintegrated.com

Business activity

The main business activity of Maxim India Integrated Circuit Design is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Maxim India Integrated Circuit Design Private Limited, buy the company report.

Financials of Maxim India Integrated Circuit Design Private Limited

FY 2025 filings available

Maxim India Integrated Circuit Design Private Limited reported revenue of ₹151.35 Cr (up 40% YoY) for FY 2023.

Revenue · FY 2023
₹151.35 Cr ▲ 40%
Net profit · FY 2023
₹21.92 Cr margin 14.5%
EBITDA · FY 2023
₹29.46 Cr margin 19.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 14%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 8%
5 years · compounded
▲ 10%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 40% growth in the latest year. EBITDA rose 45% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹151.35 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹29.46 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.92 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin19.5%
Net Profit Margin14.5%
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 Maxim India Integrated Circuit Design Private Limited, buy the company report.

Board of directors of Maxim India Integrated Circuit Design Private Limited

Maxim India Integrated Circuit Design has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vimal Chandrakant Bhatt
Also directs: Maxim Integrated Products India Sales Private Limited
Managing Director07 Sep 20188 Years 2 MonthsCurrent
Clarence Louis
Also directs: Maxim Integrated Products India Sales Private Limited, Analog Devices India Private Limited
Director06 Jan 20224 Years 10 MonthsCurrent
View all directors

Auditor

Maxim India Integrated Circuit Design Private Limited is audited by Choksey Bhargava & Co llp for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Choksey Bhargava & Co llpFY 2023000059N/N500010

Shareholding

The shareholding of Maxim India Integrated Circuit Design Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Maxim India Integrated Circuit Design Private Limited, buy the company report.

Deals & funding

Maxim India Integrated Circuit Design Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10.9 Cr; the latest was in March 2014.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹10.9 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2014Secondary share transferUndisclosedBuyer: Maxim International Holding Inc.
Seller: Maxim Integrated Products Inc
Dec 2013Funding round₹10.9 CrInvestors: Maxim Integrated Products Inc

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Maxim India Integrated Circuit Design Private Limited has 11 MSME Form 1 returns on record between 2020 and 2024, listing 289 overdue payments to 32 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 32)

SupplierAmount dueDue sinceReported on
RSM Astute Consulting Private Limited
Scaleneworks People Solutions LLP
Bright & Shine Facility Services Private Limited
Lotus Enterprise
New Wave Computing Private Limited

To see the full MSME payment records of Maxim India Integrated Circuit Design Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Maxim India Integrated Circuit Design Private Limited has a workforce of 377 employees on its EPFO records as of Mar 2024, across 1 active EPFO establishment.

Employee count
377
Active EPFO establishments
1
Employee growth
15.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2023-24377
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Maxim India Integrated Circuit Design Private Limited, buy the company report.

GST

Maxim India Integrated Circuit Design has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AACCM9437E1Z9KarnatakaActive01 Jul 2017
24AACCM9437E1ZJGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Maxim India Integrated Circuit Design Private Limited, buy the company report.

Recent activity

Maxim India Integrated Circuit Design Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: James Michael Mollica ceased to be Director on 24 Dec 2024.

AGM
Maxim India Integrated Circuit Design Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maxim India Integrated Circuit Design Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
James Michael Mollica ceased to be Director.
Ceased
Janene Irene Asgeirsson ceased to be Additional Director.
Appointed
Clarence Louis was appointed as Director.
Ceased
Vickram Ravikumar Vathulya ceased to be Director.
Appointed
James Michael Mollica was appointed as Director.
Ceased
Mark J Casper ceased to be Director.
Appointed
Vimal Chandrakant Bhatt was appointed as Managing Director.
Ceased
Ravindra Hassan Seshagiri ceased to be Managing Director.
Ceased
Donald Wood Loomis Iii ceased to be Director.
Ceased
Gopal Krishna Singonahalli ceased to be Managing Director.

4 earlier events are in the company report.

News

Analog acquires Maxim, releases new products
22 Sep 2021 · Fierceelectronics

Frequently asked questions

Maxim India Integrated Circuit Design is an active private limited company based in Bangalore, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 13 March 2002 (24+ years old) and is registered under CIN U30005KA2002PTC030230.

Maxim India Integrated Circuit Design has 2 current directors:

The latest financial statements of Maxim India Integrated Circuit Design 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 Maxim India Integrated Circuit Design is 29AACCM9437E1Z9, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AACCM9437E1ZJ (Gujarat).

The CIN (Corporate Identification Number) of Maxim India Integrated Circuit Design is U30005KA2002PTC030230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maxim India Integrated Circuit Design has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the high courts.

Maxim India Integrated Circuit Design was incorporated on 13 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.

Maxim India Integrated Circuit Design has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹10.9 Cr; the latest was in March 2014.

James Michael Mollica ceased to be Director on 24 Dec 2024. Janene Irene Asgeirsson ceased to be Additional Director on 13 Mar 2023. Clarence Louis was appointed as Director on 06 Jan 2022. Maxim India Integrated Circuit Design has 13 board changes on record in total.

Yes, Maxim India Integrated Circuit Design is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0012071).

Maxim India Integrated Circuit Design has 11 MSME Form 1 returns on record between 2020 and 2024, listing 289 overdue payments to 32 micro and small suppliers. The latest return was filed on 29 Apr 2024.