About Sankalp Semiconductor Private Limited
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Sankalp Semiconductor Private Limited is a private limited company based in Hubli, Karnataka, India, a subsidiary of Hcl Technologies Limited. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 31 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2005PTC037574. Its GSTIN is 29AAJCS3690Q1ZC (Karnataka). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹14.6 Cr and a paid-up capital of ₹1.52 Cr. It is led by directors including Praveen Seth and Rahul Singh.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 9 Survey No.89 Aryabhatta Tech Park Navanagar, Hubli, Karnataka, India – 580025.
As per the financials filed for FY 2025, the company reported a revenue of ₹155.08 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹19.82 Cr (net margin 12.8%) and EBITDA of ₹32.6 Cr (EBITDA margin 21%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 752 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹32.4 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 24 deals on record (18 secondary share transfers, 6 funding rounds), with disclosed funding of ₹20.08 Cr; the latest was in June 2021. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 17 overdue payments to 7 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 sankalpsemi.com.
Company details
Contact details
Sankalp Semiconductor Private Limited's registered office is in Hubli, Karnataka. Its website is sankalpsemi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 9 Survey No.89 Aryabhatta Tech Park Navanagar, Hubli, Karnataka, India – 580025
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Sankalp Semiconductor 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
Business activity
The main business activity of Sankalp Semiconductor 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 Sankalp Semiconductor Private Limited, buy the company report.
Financials of Sankalp Semiconductor Private Limited
FY 2025 filings availableSankalp Semiconductor Private Limited reported revenue of ₹155.08 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 1% 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 | ₹32.6 Cr | ||||
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| Net Profit (PAT) | ₹19.82 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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| EBITDA Margin | 21% | ||||
| Net Profit Margin | 12.8% | ||||
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To see the full financial statements and ratios of Sankalp Semiconductor Private Limited, buy the company report.
Board of directors of Sankalp Semiconductor Private Limited
Sankalp Semiconductor has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Seth Also directs: Quest Informatics Private Limited, C3i Support Services Private Limited, Sankguj Semiconductor Private Limited and 4 more | Director | 25 Oct 2024 | 2 Years 0 Months | Current |
| Rahul Singh | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Goutam Rungta Also directs: Quest Informatics Private Limited, C3i Support Services Private Limited, Sankguj Semiconductor Private Limited and 5 more | Director | 11 Jan 2022 | 4 Years 10 Months | Current |
Auditor
Sankalp Semiconductor Private Limited is audited by B S R & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates LLP | FY 2023 | 116231W/W-100024 |
Shareholding
The shareholding of Sankalp Semiconductor 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Sankalp Semiconductor Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2022 | 100643391 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 03 Feb 2022 | 100540433 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 13 Jul 2013 | 10439863 | Axis Bank Limited | ₹6.1 Cr | Satisfied | |
| 24 Oct 2009 | 10194538 | Axis Bank Limited | ₹22.3 Cr | Satisfied |
To see the full charge records of Sankalp Semiconductor Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Sankalp Semiconductor Private Limited has 24 deals on record (18 secondary share transfers, 6 funding rounds), with disclosed funding of ₹20.08 Cr; the latest was in June 2021.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: HCL Technologies Limited Seller: HCL Technologies Limited & Ashok Uppet |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: HCL Technologies Limited & Ashok Uppet, HCL Technologies Limited Seller: Sankalp Stock Trust |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: HCL Technologies Limited Seller: Stakeboat Capital, 3 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Stakeboat Capital, 2 individuals Seller: Sankalp Stock Trust, 3 individuals |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Sankalp Semiconductor 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
Sankalp Semiconductor Private Limited has 3 court cases on record: 1 filed by Sankalp Semiconductor, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by Sankalp & Kpit Semiconductor Private Limited | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Principal Commissioner Income Tax | Pending |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed by the company against an individual | Disposed |
To see the full case history of Sankalp Semiconductor 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
Sankalp Semiconductor Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 17 overdue payments to 7 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 7)
To see the full MSME payment records of Sankalp Semiconductor Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sankalp Semiconductor has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Quest Informatics Private Limited | U72200KA2000PTC026374 | |
| Sankguj Semiconductor Private Limited | U72900GJ2017PTC100075 |
To see the full group structure of Sankalp Semiconductor Private Limited, buy the company report.
Employees & EPFO
Sankalp Semiconductor Private Limited has a workforce of 752 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Sankalp Semiconductor has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS3690Q1ZC | Karnataka | Active | 01 Jul 2017 |
| 29AAJCS3690Q2ZB | Karnataka | Active | 09 May 2018 |
| 19AAJCS3690Q1ZD | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sankalp Semiconductor Private Limited, buy the company report.
Recent activity
Sankalp Semiconductor Private Limited has 20 board changes on record since 2009: 3 appointments and 17 cessations. The latest: Praveen Seth ceased to be Additional Director on 02 Sep 2025.
21 earlier events are in the company report.
News
Frequently asked questions
Sankalp Semiconductor is an active private limited company based in Hubli, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 31 October 2005 (21+ years old) and is registered under CIN U72100KA2005PTC037574.
Sankalp Semiconductor has 3 current directors:
- Praveen Seth - Director
- Rahul Singh - Director
- Goutam Rungta - Director
The latest financial statements of Sankalp Semiconductor on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sankalp Semiconductor is 29AAJCS3690Q1ZC, 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 29AAJCS3690Q2ZB (Karnataka), 19AAJCS3690Q1ZD (West Bengal).
The CIN (Corporate Identification Number) of Sankalp Semiconductor is U72100KA2005PTC037574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sankalp Semiconductor has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Sankalp Semiconductor was incorporated on 31 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Sankalp Semiconductor has 24 deals on record (18 secondary share transfers, 6 funding rounds), with disclosed funding of ₹20.08 Cr; the latest was in June 2021.
Praveen Seth ceased to be Additional Director on 02 Sep 2025. Praveen Seth was appointed as Director on 25 Oct 2024. Rahul Singh ceased to be Additional Director on 25 Aug 2024. Sankalp Semiconductor has 20 board changes on record in total.
Sankalp Semiconductor has 5 MSME Form 1 returns on record between 2023 and 2024, listing 17 overdue payments to 7 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Sankalp Semiconductor can be reached through the website sankalpsemi.com. Its registered office is in Hubli, Karnataka, India.
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