About Visicon Power Electronics Private Limited
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Visicon Power Electronics Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rir Power Electronics Limited. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 24 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31100MH2020FTC342522. Its GSTIN is 27AAHCV4902G1ZB (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors Bhavna Mehta Harshad and Sonali Mehta.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 139/141 Solaris Bldg No 1 B Wing Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹21,750, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹65.08 Lakh and EBITDA of -₹21.74 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years.
The company is associated with 1 brand: Visicon Power. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.4 Cr; the latest was in December 2021. Its 9 peer companies in the Information Technology industry (Semiconductor Products and Services) are compared by revenue, 5 larger and 4 smaller; the largest is Verifiq Technologies Private Limited with revenue of ₹33,574.
For more details, the company can be reached via its website visiconpower.com.
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- Registered Address139/141 Solaris Bldg No 1 B Wing Saki Vihar Road Powai, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Semiconductor Products & Services
- 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
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Financials of Visicon Power Electronics Private Limited FY 2025 filings available
Visicon Power Electronics Private Limited reported revenue of ₹21,750 (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Visicon Power Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 80% over three years, including a 98% fall 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 of Visicon Power Electronics Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹21.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹65.08 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Visicon Power Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Visicon Power Electronics are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Visicon Power Electronics Private Limited
Visicon Power Electronics Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Semiconductor Products and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Verifiq Technologies Private Limited | ₹33,574 (FY 2025) | •••• | •••• | -76.0% | •••• | Bengaluru, Karnataka, India |
| Totality Solutions India Private Limited | ₹30,100 (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Asic Technologies Private Limited | ₹30,000 (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Micro Integrated Semiconductors Systems Private Limited | ₹25,771 (FY 2024) | •••• | •••• | -44.0% | •••• | Bhopal, Madhya Pradesh, India |
| Teamasia Semiconductors(India) Limited | ₹25,011 (FY 2023) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Visicon Power Electronics Private Limited this company | ₹21,750 (FY 2025) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Asilicon Design Private Limited | ₹11,006 (FY 2020) | •••• | •••• | -91.0% | •••• | Ramgarh, Jharkhand, India |
| STG Chips Private Limited | ₹10,640 (FY 2025) | •••• | •••• | 50.0% | •••• | Bhubaneswar, Odisha, India |
| Mandate Chips and Circuits Private Limited | ₹7,003 (FY 2019) | •••• | •••• | -85.0% | •••• | Bangalore, Karnataka, India |
| Ingain Technologies Private Limited | ₹3,449 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Visicon Power Electronics by revenue in the Information Technology industry (Semiconductor Products and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Visicon Power Electronics Private Limited
Visicon Power Electronics Private Limited is audited by KIRTANE & PANDIT LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRTANE & PANDIT LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Visicon Power Electronics Private Limited
Visicon Power Electronics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavna Mehta Harshad Also directs: Rir Power Electronics Limited | Director | 28 Jul 2021 | 5 Years 2 Months | Current |
| Sonali Mehta Also directs: Rir Power Electronics Limited | Director | 15 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Visicon Power Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Visicon Power Electronics Private Limited
Visicon Power Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Visicon Power Electronics Private Limited
Visicon Power Electronics Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.4 Cr; the latest was in December 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: Rir Power Electronics Limited Seller: Silicon Power Corporation, Silicon Power Corporation & Pravin G Shah |
| Oct 2021 | Funding round | ₹1.4 Cr | Investors: Silicon Power Corporation |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Visicon Power Electronics Private Limited
Visicon Power Electronics operates one associated brand: Visicon Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power management ICs and silicon carbide semiconductors are developed. | visiconpower.com |
Employees and EPFO Compliance at Visicon Power Electronics Private Limited
Visicon Power Electronics Private Limited has a workforce of 0 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Visicon Power Electronics Private Limited
Visicon Power Electronics Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Sonali Mehta ceased to be Additional Director on 25 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Visicon Power Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Visicon Power Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Visicon Power Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Visicon Power Electronics Private Limited
Visicon Power Electronics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCV4902G1ZB | Maharashtra | Active | 28 Jul 2020 |
| 24AAHCV4902G1ZH | Gujarat | Active | 23 Mar 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Visicon Power Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Visicon Power Electronics Private Limited
Visicon Power Electronics is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 24 July 2020 (6+ years old) and is registered under CIN U31100MH2020FTC342522.
Visicon Power Electronics reported revenue of ₹21,750 for FY 2025 (down 98% YoY).
Visicon Power Electronics has 2 current directors:
- Bhavna Mehta Harshad - Director
- Sonali Mehta - Director
Visicon Power Electronics reported a net loss of ₹65.08 Lakh and EBITDA of -₹21.74 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Visicon Power Electronics is -80% over three years. In the latest year (FY 2025) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Visicon Power Electronics is 27AAHCV4902G1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAHCV4902G1ZH (Gujarat).
The CIN (Corporate Identification Number) of Visicon Power Electronics is U31100MH2020FTC342522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visicon Power Electronics was incorporated on 24 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Visicon Power Electronics has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.4 Cr; the latest was in December 2021.
The peers of Visicon Power Electronics by revenue are Verifiq Technologies Private Limited, Totality Solutions India Private Limited, Asic Technologies Private Limited, Micro Integrated Semiconductors Systems Private Limited, Teamasia Semiconductors(India) Limited and 4 more, all in the Information Technology industry (Semiconductor Products and Services).
Sonali Mehta ceased to be Additional Director on 25 Sep 2025. Pravin Gambhirchand Shah ceased to be Director on 15 Mar 2025. Sonali Mehta was appointed as Director on 15 Mar 2025. Visicon Power Electronics has 8 board changes on record in total.