Company Intelligence Profile
Xiaomi Technology India Private Limited
The Indian subsidiary of Chinese electronics maker Xiaomi, selling smartphones, smart TVs, wearables and IoT/smart-home devices in India.
Last updated 10 August 2026
Xiaomi Technology India Private Limited, a subsidiary of Xiaomi Corporation, markets and sells smartphones, smart TVs, wearables, and IoT/smart-home devices in India, ranking among the largest smartphone vendors by volume. In FY2024-25, the company reported revenue of ₹23,976.8 crore and a profit after tax of ₹262.5 crore. The company faced legal challenges with the Enforcement Directorate in 2022.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Xiaomi Technology India Private Limited |
|---|---|
| CIN | U72200KA2014FTC076704 |
| PAN | AAACX1645B |
| Status | Active |
| Listing | Unlisted (private subsidiary of a foreign company) |
| Incorporated | 07 October 2014 |
| ROC | RoC-Bangalore (Karnataka) |
| Sector (NIC) | NIC 72200 — Computer related / software consultancy & supply (classified as Computer Related Services); operationally a consumer-electronics distributor |
| Registered address | Orchid (Block E), Ground Floor to 4th Floor, Embassy Tech Village, Marathahalli-Sarjapur Outer Ring Road, Bengaluru, Karnataka 560103, India |
| Authorized capital | ₹10.0 Lakhs |
| Paid-up capital | ₹2.1 Lakhs |
Source: MCA registry via tofler.in, falconebiz.com, thecompanycheck.com
Business Overview
- Indian arm of Xiaomi Corporation
- Markets and sells smartphones (Redmi/Xiaomi/POCO brands), smart TVs, wearables, audio and IoT/smart-home devices across India through online and offline channels
- One of India's largest smartphone vendors by volume
Source: tofler.in, thecompanycheck.com, company disclosures & trade press
Directors & KMP
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Sudhin Mathur | 03474713 | Director | - |
| Varun Sabhash Madan | - | Director | - |
Source: MCA / DIN records via tofler.in, falconebiz.com
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAACX1645B1ZK | Karnataka | AAACX1645B | Active |
| 27AAACX1645B1ZO | Maharashtra | AAACX1645B | - |
29AAACX1645B1ZK (Karnataka, Active, Regular, registered 01-07-2017); 27AAACX1645B1ZO (Maharashtra); PAN AAACX1645B — company reportedly holds ~27 GSTINs across states (full list not obtained)
Source: knowyourgst.com, mastersindia.co, findgst.in (GSTIN self-verifying via embedded PAN)
Financials
Xiaomi Technology India Private Limited reported revenue of ₹23,976.8 crore and a profit after tax of ₹262.5 crore for FY2024-25, with a net worth of ₹6,293.2 crore and total assets of ₹12,492.5 crore.
- Revenue ~₹23,976.8 cr
- PAT ~₹262.5 cr
- Net worth ~₹6,293.2 cr
- Total assets ~₹12,492.5 cr
Source: MCA financial statements via tofler.in, thecompanycheck.com
Loans & Charges
- Borrowings ~₹1,247.1 cr; charge created 06 Jan 2023 with IDBI Bank Limited
- Full charge register not obtained
Source: MCA charge index via tofler.in, falconebiz.com
Legal & Litigation
- Subject of a high-profile Enforcement Directorate action: in 2022 the ED seized ~₹5,551 crore of Xiaomi India funds under FEMA over alleged illegal foreign remittances (royalty payments); the company contested it
- (Widely reported; not independently re-verified here.) Routine tax/GST advance-ruling matters also exist
Source: indiankanoon.org; trade press
Key Competitors
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