About Microchip Technology (India) Private Limited
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Microchip Technology (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Microchip Technology Inc., Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC026229. Its GSTIN is 29AABCM9868J1ZO (Karnataka). The company holds 8 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹90.01 Cr and a paid-up capital of ₹89.63 Cr. It was formerly known as Microchip Technology Designs (India) Private Limited. It is led by directors including Srikanth Bhyrappa Settikere (Managing Director) and James Eric Bjornholt.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 149B Epip Industrial Area 1st Phase Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,130.24 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹158.13 Cr (net margin 14%) and EBITDA of ₹266.43 Cr (EBITDA margin 23.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
The company has about 2,111 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Microchip Technology. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 1 case is pending. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.37 Cr; the latest was in September 2023. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 806 overdue payments to 134 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 microchip.com.
Company details
Contact details
Microchip Technology (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is microchip.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 149B Epip Industrial Area 1st Phase Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Microchip Technology (India) 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
Microchip Technology (India) operates one associated brand: Microchip Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Integrated circuit systems, microcontrollers, and analog semiconductors are manufactured. | microchip.com |
Business activity
The main business activity of Microchip Technology (India) 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 Microchip Technology (India) Private Limited, buy the company report.
Financials of Microchip Technology (India) Private Limited
FY 2024 filings availableMicrochip Technology (India) Private Limited reported revenue of ₹1,130.24 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 6% 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 | ₹266.43 Cr | ||||
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| Net Profit (PAT) | ₹158.13 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 23.6% | ||||
| Net Profit Margin | 14% | ||||
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To see the full financial statements and ratios of Microchip Technology (India) Private Limited, buy the company report.
Board of directors of Microchip Technology (India) Private Limited
Microchip Technology (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| James Eric Bjornholt | Director | 28 Jan 2009 | 17 Years 8 Months | Current |
| Srikanth Bhyrappa Settikere | Managing Director | 13 Jun 2019 | 7 Years 4 Months | Current |
| Patrick Francis Johnson | Director | 12 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Microchip Technology (India) Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Microchip Technology (India) 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Microchip Technology (India) Private Limited, buy the company report.
Deals & funding
Microchip Technology (India) Private Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.37 Cr; the latest was in September 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: Microchip Technology Ireland Limited Seller: Microchip Solutions B V |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Standard Microsystems LLC USA, Standard Microsystems (Asia) LLC, an individual |
| Sep 2021 | Funding round | ₹23.88 Cr | Investors: Microchip Solutions B V, Microchip Communications Llc, Microsemi Frequency And Time Corporation, an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Standard Microsystems LLC USA Seller: BridgeCo LLC |
| Dec 2016 | Rights issue | ₹52.59 Cr | Investors: an individual |
To see the full deal history of Microchip Technology (India) 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
Microchip Technology (India) Private Limited has 11 court cases on record: 5 filed by Microchip Technology (India), 6 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 5 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Arbitration matter | Filed by the company against M/S Rattha Holding Company Pvt. Ltd., Rep.By Its Mr.Gurmeet Sidana, | Disposed |
| High Court | Tax appeal | Filed against the company by The PR Commissioner of Income Tax and 1 other | Pending |
| High Court of Karnataka | Tax appeal | Filed by the company against Deputy Commissioner of Income Tax, | Disposed |
| High Court of Karnataka | Tax appeal | Filed by the company against Deputy Commissioner of Income Tax | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by PR. Commissioner of Income Tax 4 PR. Commissioner of Income Tax 4 5Th Floor, BMTC Building, Koramangala , District: Bangalore ,Bangalore , Karnataka and 1 other | Disposed |
To see the full case history of Microchip Technology (India) 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
Microchip Technology (India) Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 806 overdue payments to 134 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 134)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Omm Fire India Corporation | |||
| Pci Pest Control Private Limited | |||
| Exelan Networking Technologies Private Limited | |||
| an individual supplier | |||
| Rentokil Initial Hygiene India Private Limited |
To see the full MSME payment records of Microchip Technology (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Microchip Technology (India) Private Limited has a workforce of 2,111 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Microchip Technology (India) has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM9868J1ZO | Karnataka | Active | 01 Jul 2017 |
| 33AABCM9868J1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
| 27AABCM9868J2ZR | Maharashtra | Active | 12 Sep 2017 |
| 36AABCM9868J1ZT | Telangana | Active | 08 Apr 2021 |
To see the full GST registrations and return filing status of Microchip Technology (India) Private Limited, buy the company report.
Recent activity
Microchip Technology (India) Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Patrick Francis Johnson ceased to be Additional Director on 29 Sep 2025.
1 earlier event is in the company report.
News
Frequently asked questions
Microchip Technology (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 January 2000 (26+ years old) and is registered under CIN U72200KA2000PTC026229.
Microchip Technology (India) has 3 current directors:
- Srikanth Bhyrappa Settikere - Managing Director
- James Eric Bjornholt - Director
- Patrick Francis Johnson - Director
The latest financial statements of Microchip Technology (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Microchip Technology (India) is 29AABCM9868J1ZO, registered in Karnataka. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 33AABCM9868J1ZZ (Tamil Nadu), 27AABCM9868J2ZR (Maharashtra), 36AABCM9868J1ZT (Telangana).
The CIN (Corporate Identification Number) of Microchip Technology (India) is U72200KA2000PTC026229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Microchip Technology (India) has 11 court cases on record: 5 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Microchip Technology (India) was incorporated on 17 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Microchip Technology (India) has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.37 Cr; the latest was in September 2023.
Patrick Francis Johnson ceased to be Additional Director on 29 Sep 2025. Patrick Francis Johnson was appointed as Director on 12 Sep 2025. Ganesh Moorthy ceased to be Director on 18 Nov 2024. Microchip Technology (India) has 10 board changes on record in total.
Microchip Technology (India) has 7 MSME Form 1 returns on record between 2021 and 2024, listing 806 overdue payments to 134 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Microchip Technology (India) can be reached through the website microchip.com. Its registered office is in Bangalore, Karnataka, India.