About Codemines Solutions Private Limited
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Codemines Solutions Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2020PTC339509. Its GSTIN is 27AAICC7038D1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhavesh Himmatmal Hingad and Harshad Himmatmal Hingad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – Shop No – 4 Aasavari Co – Op Hsg Soc Pokhran Rd. No. 1 Vartak Nagar, Thane, Maharashtra, India – 400606.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.75 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹20.12 Lakh (net margin 5.4%) and EBITDA of ₹33.43 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.
The company has about 32 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website codemines.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – Shop No – 4 Aasavari Co – Op Hsg Soc Pokhran Rd. No. 1 Vartak Nagar, Thane, Maharashtra, India – 400606
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support 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
- One PDF report, delivered after checkout
Business Activity of Codemines Solutions Private Limited
The main business activity of Codemines Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Codemines Solutions Private Limited FY 2025 filings available
Codemines Solutions Private Limited reported revenue of ₹3.75 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Codemines Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 52% over three years, including 22% growth in the latest year. EBITDA rose 2% 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 Codemines Solutions 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 | ₹33.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.12 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Codemines Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 Codemines Solutions 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 Codemines Solutions Private Limited
Codemines Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Security Quotient Private Limited | ₹3.75 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Kakkanad, Kerala, India |
| Mutiny Talent Private Limited | ₹3.75 Cr (FY 2024) | •••• | •••• | 715.0% | •••• | Shaikpet, Telangana, India |
| Shree Shine Systech Private Limited | ₹3.75 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Lucknow, Uttar Pradesh, India |
| Antaris Space India Private Limited | ₹3.75 Cr (FY 2024) | •••• | •••• | 830.0% | •••• | Chennai City Corporation, Tamil Nadu, India |
| Aureva Wealth Advisors Private Limited | ₹3.75 Cr (FY 2025) | •••• | •••• | 1016.0% | •••• | Mumbai, Maharashtra, India |
| Codemines Solutions Private Limited this company | ₹3.75 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Thane, Maharashtra, India |
| Topia Life Sciences Private Limited | ₹3.75 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Vadodara, Gujarat, India |
| K 2 Communications Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bangalore North, Karnataka, India |
| Fidelis Detailing Solutions Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Manachanallur, Tamil Nadu, India |
| JP Power Tech Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | 1128.0% | •••• | Mahesana, Gujarat, India |
| Creatigrity Technologies Private Limited | ₹3.74 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Codemines Solutions by revenue in the same principal business activity (Other information & communication service activities), 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 Codemines Solutions Private Limited
Codemines Solutions Private Limited is audited by M M GALA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M M GALA & ASSOCIATES | 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 Codemines Solutions Private Limited
Codemines Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Himmatmal Hingad | Director | 22 Apr 2020 | 6 Years 5 Months | Current |
| Harshad Himmatmal Hingad | Director | 22 Apr 2020 | 6 Years 5 Months | Current |
| Simran Bharat Jain | Additional Director | 06 Jun 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Codemines Solutions 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 Codemines Solutions Private Limited
Codemines Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Codemines Solutions Private Limited
Employment history and EPFO contributions of people linked to Codemines Solutions.
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 Codemines Solutions Private Limited
Codemines Solutions Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Simran Bharat Jain was appointed as Additional Director on 06 Jun 2022.
Credit Ratings, Litigation & Regulatory Alerts for Codemines Solutions 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 Codemines Solutions 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 Codemines Solutions 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 Codemines Solutions Private Limited
Codemines Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICC7038D1ZQ | Maharashtra | Active | 24 Nov 2020 |
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 Codemines Solutions 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 Codemines Solutions Private Limited
Codemines Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 April 2020 (6+ years old) and is registered under CIN U72200MH2020PTC339509.
Codemines Solutions reported revenue of ₹3.75 Cr for FY 2025 (up 22% YoY).
Codemines Solutions has 3 current directors:
- Bhavesh Himmatmal Hingad - Director
- Harshad Himmatmal Hingad - Director
- Simran Bharat Jain - Additional Director
Codemines Solutions reported a net profit of ₹20.12 Lakh (net margin 5.4%) and EBITDA of ₹33.43 Lakh (EBITDA margin 8.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Codemines Solutions is 52% over three years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Codemines Solutions is 27AAICC7038D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Codemines Solutions is U72200MH2020PTC339509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codemines Solutions was incorporated on 22 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Codemines Solutions by revenue are Security Quotient Private Limited, Mutiny Talent Private Limited, Shree Shine Systech Private Limited, Antaris Space India Private Limited, Aureva Wealth Advisors Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Simran Bharat Jain was appointed as Additional Director on 06 Jun 2022. Bhavesh Himmatmal Hingad was appointed as Director on 22 Apr 2020. Harshad Himmatmal Hingad was appointed as Director on 22 Apr 2020.
Yes, Codemines Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).