Chipwerks Private Limited

Founded in 2003 and headquartered in Karnataka, India.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: December 23, 2024

Chipwerks Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.80 M
  • Satisfied Charges ₹ 1.55 M
  • Revenue Growth %
  • Profit Growth 27.83%
  • Ebitda 45.11%
  • Net Worth -0.74%
  • Total Assets -1.34%

About Chipwerks

Chipwerks Private Limited (CPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 November 2003 and has a history of 21 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Service Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹2.80 M. The company has closed loans amounting to ₹1.55 M, as per Ministry of Corporate Affairs (MCA) records.

Chethan Somashekaraiah and Achala Kajjar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2003PTC032840

  • Company No.

    032840

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 2003

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Service

Who are the key members and board of directors at Chipwerks?

Board Members (2)

Name Designation Appointment Date Status
Chethan Somashekaraiah Country flag representing In Director 11-Nov-2003 Current
Achala Kajjar Country flag representing In Director 08-Mar-2010 Current

Financial Performance of Chipwerks.

Chipwerks Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 27.83% increase in profit. The company's net worth dipped by a decrease of 0.74%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
Revenue from Operations
Total Assets
-1.34%
Profit or Loss
27.83%
Net Worth
-0.74%
EBITDA
45.11%

What is the Ownership and Shareholding Structure of Chipwerks?

In 2017, Chipwerks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.80 M

Satisfied Charges

₹1.55 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.28 Cr

Latest Charge Details

Date Lender Amount Status
25 Nov 2014 Canara Bank ₹0.50 M Open
21 Apr 2014 Canara Bank ₹0.80 M Open
23 Jul 2009 Canara Bank ₹1.10 M Open
16 Aug 2007 Canara Bank ₹0.20 M Open
16 Aug 2007 Canara Bank ₹0.20 M Open

How Many Employees Work at Chipwerks?

Chipwerks has a workforce of 0 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chipwerks, 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 Chipwerks's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Chipwerks

Recent activity within the organization

  • Annual General Meeting

    Chipwerks Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Chipwerks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.50 M with Charge ID 10539677 was registered on 25 Nov 2014.

    25 Nov 2014

  • Charges

    A charge with Canara Bank amounted to Rs. 0.80 M with Charge ID 10509351 was registered on 21 Apr 2014.

    21 Apr 2014

  • Charges

    A charge registered on 23 Jul 2009 via Charge ID 10172525 with Canara Bank was fully satisfied on 21 Nov 2012.

    21 Nov 2012

  • Director Appointment

    Achala Moody Kajjar was appointed as a Director was appointed as a Director on 08 Mar 2010 & has been associated with this company since 14 years 11 months .

    08 Mar 2010

Frequently asked questions

  • Chipwerks Private Limited was incorporated on 11 Nov 2003.

  • The authorized share capital of Chipwerks Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Chipwerks Private Limited.

    • Chethan Somashekaraiah
    • Achala Moody Kajjar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chipwerks Private Limited is No.412 I Ii Floor 20Th Main Chord Road Block, Rajajinagar India, Bangalore, Karnataka, 560010.

  • The corporate identification number (CIN) of Chipwerks Private Limited is U72200KA2003PTC032840 and the company number is 032840 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of Chipwerks Private Limited has experienced an downturn of -0.74%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Chipwerks Private Limited amount to ₹ 2.80 M.

  • The most recent Balance Sheet for Chipwerks Private Limited was filed with the ROC on 31 Mar 2024.

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