Tessolve Semiconductor Private Limited - Company Profile

It is a information technology private limited company based in Bangalore South, Karnataka, India, established in 1993.

1993 Bangalore South, Karnataka, India Active

Last Updated: December 07, 2025

About Tessolve Semiconductor Private Limited

Tessolve Semiconductor Private Limited, a active private limited company, was established on 30 June 1993 in Bangalore South, Karnataka, India. Engaging in electronic components & equipment manufacturing within the information and communication sector, it holds CIN: U72300KA1993PTC034929. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹130.00 Cr and a paid-up capital of ₹56.27 Cr.

Formerly known as Imperial Business Credits Private Limited, Tessolve Services Private Limited. It upholds a compliant status. Employing 2,485 professional, Its leadership includes Manorama Nagarajan (Director), Nikhil Rajpal (Director), Loke Wai San (Director). Past directors included Manorama Nagarajan, Joo Hock Chua, Nikhil Rajpal. It holds ₹311.06 Cr open charges and ₹7.50 Cr settled loans. Its latest AGM occurred on 26 August 2025, with the balance sheet filed on 31 March 2025. It is based at Goldhill Supreme Softwarepark West, Tower,Plot No.21, 22, 27&28,4 Floor, Bangalore South, Karnataka, 560100.

Company Details

CIN/LLPIN
U72300KA1993PTC034929
Registration Number
034929
Incorporation Date
30 June 1993
Authorized Capital
₹130.00 Cr
Paid-Up Capital
₹56.27 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 130.00 Cr as on 07-12-2025
Paid Up Capital ₹ 56.27 Cr as on 07-12-2025
Company Age 32 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 311.06 Cr as on 07-12-2025
Satisfied Charges ₹ 7.50 Cr as on 07-12-2025
Revenue Growth **** 22.36% (FY 2024)
Profit Growth **** 76.64% (FY 2024)
Ebitda **** 47.76% (FY 2024)
Net Worth 2.85% (FY 2024)
Total Assets **** 12.62% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Tessolve Semiconductor Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Tessolve Semiconductor Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Manorama Nagarajan	Director	16 Aug 2022	Current
Nikhil Rajpal	Director	23 Feb 2017	Current
Loke Wai San	Director	09 Apr 2021	Current
Suman Kant Munjal	Director	06 Apr 2016	Current
Sailesh Chittipeddi	Additional Director	15 Jan 2025	Current
Ujjwal Munjal	Director	06 Apr 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	23 Feb 2023	Past
Pramod Abcsdd	Nominee Director	01 Sep 2008	Past
Pramod Abcsdd	Additional Director	10 Aug 2017	Past
Pramod Abcsdd	Nominee Director	30 Mar 2016	Past
Pramod Abcsdd	Nominee Director	30 Mar 2016	Past
Pramod Abcsdd	Additional Director	31 Aug 2011	Past

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Financial Performance of Tessolve Semiconductor.

Tessolve Semiconductor Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 22.36% increase. The company also saw a substantial improvement in profitability, with a 76.64% increase in profit. The company's net worth moved up by a moderate rise of 2.85%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

22.36%

*******

Revenue from Operations

*******

22.27%

*******

Total Assets

*******

12.62%

*******

Profit or Loss

*******

76.64%

*******

Net Worth

*******

2.85%

*******

EBITDA

*******

47.76%

*******

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What is the Ownership and Shareholding Structure of Tessolve Semiconductor?

In 2024, Tessolve Semiconductor had a promoter holding of 90.86% and a public holding of 9.14%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,110,577,498.64

Satisfied Charges

₹75,000,000.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 246.06 Cr
Others : 30.00 Cr
Citi Bank N.A. : 23.00 Cr
Hdfc Bank Limited : 6.00 Cr
State Bank Of India : 6.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Jan 2025	The Hongkong And Shanghai Banking Corporation Limited	₹238.06 Cr	Open
07 Oct 2024	The Hongkong And Shanghai Banking Corporation Limited	₹8.00 Cr	Open
27 Mar 2024	Hdfc Bank Limited	₹6.00 Cr	Open
02 Nov 2018	Citi Bank N.A.	₹23.00 Cr	Open
12 Sep 2017	Others	₹30.00 Cr	Open

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How Many Employees Work at Tessolve Semiconductor?

Tessolve Semiconductor has a workforce of 2485 employees as of Dec 18, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Tessolve Semiconductor, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tessolve Semiconductor's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Tessolve Semiconductor

Recent Activity within the Organization

Annual General Meeting

Progress on Tessolve Semiconductor Private Limited last Annual general meeting of members was held on 26 Aug 2025 as per latest MCA records. was documented.
26 Aug 2025
Director Appointment

Sarangapani Vasudevan was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2025 & has been associated with this company since 7 months 30 days . was recorded as a recent event.
01 Jun 2025
Balance Sheet

Progress on Tessolve Semiconductor Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Charges

A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 238.06 Cr with Charge ID 101052438 was registered on 24 Jan 2025. was recorded as a recent event.
24 Jan 2025
Director Appointment

Sailesh Chittipeddi was appointed as a Additional Director was appointed as a Additional Director on 15 Jan 2025 & has been associated with this company since 1 year 14 days . was recorded as a recent event.
15 Jan 2025
Charges

A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 8.00 Cr registered on 07 Oct 2024 with Charge ID 100995116 was modified on 04 Nov 2024. was recorded as a recent event.
04 Nov 2024

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