Espressif Systems (India) Private Limited

Software design, development, and retail of computer peripherals.

2018 | Pune, Maharashtra (India) | Active
Last Updated: January 28, 2025

Espressif Systems (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 76.18%
  • Profit Growth 53.88%
  • Ebitda 134.41%
  • Net Worth 63.90%
  • Total Assets 98.00%

About Espressif Systems (India)

Espressif Systems (India) Private Limited (ESIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 10 January 2018 (Seven years and one month 15 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Amey Inamdar, Kedar Sovani, and Swee Teo serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    espressif.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900PN2018FTC174245

  • Company No.

    174245

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    10 Jan 2018

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

Who are the key members and board of directors at Espressif Systems (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Kedar Sovani Country flag representing In Managing Director18-Apr-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Swee Teo Country flag representing Sg Director 10-Jan-2018Current
Amey Inamdar Country flag representing In Director 10-Jan-2018Current

Financial Performance of Espressif Systems (India).

Espressif Systems (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.18% increase. The company also saw a substantial improvement in profitability, with a 53.88% increase in profit. The company's net worth Soared by an impressive increase of 63.9%.

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
76.18%
Revenue from Operations
76.11%
Total Assets
98.00%
Profit or Loss
53.88%
Net Worth
63.90%
EBITDA
134.41%

What is the Ownership and Shareholding Structure of Espressif Systems (India)?

In 2023, Espressif Systems (India) 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Espressif Systems (India)?

Espressif Systems (India) has a workforce of 91 employees as of Apr 03, 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 Espressif Systems (India), 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 Espressif Systems (India)'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 Espressif Systems (India)

Recent activity within the organization

  • Annual General Meeting

    Espressif Systems (India) Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Espressif Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Kedar Suresh Sovani was appointed as a Managing Director was appointed as a Managing Director on 18 Apr 2022 & has been associated with this company since 2 years 10 months .

    18 Apr 2022

  • Director Appointment

    Amey Dattatraya Inamdar was appointed as a Director was appointed as a Director on 10 Jan 2018 & has been associated with this company since 7 years 1 month .

    10 Jan 2018

  • Director Appointment

    Swee Ann Teo was appointed as a Director was appointed as a Director on 10 Jan 2018 & has been associated with this company since 7 years 1 month .

    10 Jan 2018

  • Company Incorporation

    Espressif Systems (India) Private Limited was registered on 10 Jan 2018 with Roc Pune & aged 7 years 1 month as per MCA records.

    10 Jan 2018

Recent News, Updates & Announcement

  • News icon
    Intel Capital pumps $72M into AI, IoT, cloud and silicon startups, $115M invested so far in 2018.

    Intel Capital, the investment arm of the computer processor giant, is today announcing $72 million in funding for the 12 newest startups to enter its portfolio, bringing the total invested so far this year to $115 million. Announced at the company’s global summit currently underway in southern California, investments in this latest tranche cover artificial […].

    08 May 2018 TechCrunch

Frequently asked questions

  • Espressif Systems (India) Private Limited was incorporated on 10 Jan 2018.

  • The authorized share capital of Espressif Systems (India) Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Espressif Systems (India) Private Limited.

    • Amey Dattatraya Inamdar
    • Kedar Suresh Sovani
    • Swee Ann Teo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Espressif Systems (India) Private Limited is Level 3 10 Agile M Sr. No. 32 Part 33, Pan Card Club Road Baner India, Pune, Maharashtra, 411045.

  • The corporate identification number (CIN) of Espressif Systems (India) Private Limited is U72900PN2018FTC174245 and the company number is 174245 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Espressif Systems (India) Private Limited is https://www.espressif.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Espressif Systems (India) Private Limited has risen by 76.18%.

  • As Per 2023 financial reports, 91 employees are currently employed by Espressif Systems (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Espressif Systems (India) Private Limited has experienced an upsurge of 63.90%.

  • The most recent Balance Sheet for Espressif Systems (India) Private Limited was filed with the ROC on 31 Mar 2023.