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Good Mind Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.03 Lakh
▼ 83% YoY
Net loss · FY 2024
₹88.07 Lakh
Net margin -366.4%
EBITDA · FY 2024
-₹52.45 Lakh
EBITDA margin -218.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.17 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Good Mind Private Limited
Data last updated:
Good Mind Private Limited is a private limited company based in Pune, 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 17 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2019PTC188458. Its GSTIN is 27AAICG1331M1ZJ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.17 Lakh. It is led by directors Adil Keki Kotwal and Jehaan Adil Kotwal.
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 Office No. 405 Cts – 3652 Winner Court Pl – 23 Sahani Rd Sujan Park Lulla Ngr, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.03 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹88.07 Lakh (net margin -366.4%) and EBITDA of -₹52.45 Lakh (EBITDA margin -218.2%).
The company is associated with 1 brand: GoodMind.
Good Mind Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0252627). For more details, the company can be reached via its website goodmind.in.
Company details
CIN U74999PN2019PTC188458
Registration Number 188458
Incorporation Date 17 December 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0252627
Recognitions & Rankings of Good Mind
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0252627
Contact details
Good Mind Private Limited's registered office is in Pune, Maharashtra. Its website is goodmind.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressOffice No. 405 Cts – 3652 Winner Court Pl – 23 Sahani Rd Sujan Park Lulla Ngr, Pune, Maharashtra, India – 411048
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Good Mind Private Limited, buy the company report.
Comprehensive company report
Good Mind Private Limited - one report that includes everything
- 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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Brands
Good Mind operates one associated brand: GoodMind. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based safety solutions for truck drivers | goodmind.in |
Business activity
The main business activity of Good Mind is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Good Mind Private Limited, buy the company report.
Financials of Good Mind Private Limited
FY 2025 filings availableGood Mind Private Limited reported revenue of ₹24.03 Lakh (down 83% YoY) for FY 2024.
Revenue · FY 2024
₹24.03 Lakh ▼ 83%
Net loss · FY 2024
₹88.07 Lakh margin -366.4%
EBITDA · FY 2024
-₹52.45 Lakh margin -218.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 83%
EBITDA CAGR growth
1 year
▼ 397%
Revenue fell 83% in the latest year. EBITDA fell 397% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹52.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹88.07 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -218.2% | ||||
| Net Profit Margin | -366.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Good Mind Private Limited, buy the company report.
Board of directors of Good Mind Private Limited
Good Mind has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adil Keki Kotwal | Director | 17 Dec 2019 | 6 Years 10 Months | Current |
| Jehaan Adil Kotwal | Director | 17 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Good Mind Private Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adam Bytes India Private Limited | ₹24.04 Lakh (FY 2024) | 70.0% | Delhi, India | |||
| Dunamis Systems Engineering Private Limited | ₹24.04 Lakh (FY 2023) | -43.0% | Pune, Maharashtra, India | |||
| Good Mind Private Limitedthis company | ₹24.03 Lakh (FY 2024) | -₹88.07 Lakh | -366.4% | -83.0% | Pune, Maharashtra, India | |
| Ruffian Plastic-O Private Limited | ₹24.03 Lakh (FY 2024) | 26.0% | Mumbai, Maharashtra, India | |||
| Meta Arch Private Limited | ₹24.02 Lakh (FY 2025) | -46.0% | Pune, Maharashtra, India | |||
| Flying Talents Private Limited | ₹24.01 Lakh (FY 2025) | 4.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Good Mind Private Limited, buy the company report.
Auditor
Good Mind Private Limited is audited by Dilip K Jain and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dilip K Jain and Associates | FY 2022 | 119959W |
Shareholding
The shareholding of Good Mind Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Good Mind Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Good Mind Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Good Mind Private Limited has 2 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Knowlarity Communications Private Limited | |||
| Manek & Associates | |||
| an individual supplier |
To see the full MSME payment records of Good Mind Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Good Mind Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Good Mind has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG1331M1ZJ | Maharashtra | Active | 27 Feb 2020 |
To see the full GST registrations and return filing status of Good Mind Private Limited, buy the company report.
Recent activity
Good Mind Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Adil Keki Kotwal was appointed as Director on 17 Dec 2019.
AGM
Good Mind Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Good Mind Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Adil Keki Kotwal was appointed as Director.
Appointed
Jehaan Adil Kotwal was appointed as Director.
Incorporation
17 Dec 2019
Good Mind Private Limited was registered on 17 Dec 2019 with Roc Pune & aged 6 years 10 months as per MCA records.
Frequently asked questions
Good Mind is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 December 2019 (7+ years old) and is registered under CIN U74999PN2019PTC188458.
Good Mind has 2 current directors:
- Adil Keki Kotwal - Director
- Jehaan Adil Kotwal - Director
The latest financial statements of Good Mind on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Good Mind is 27AAICG1331M1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Good Mind is U74999PN2019PTC188458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Good Mind was incorporated on 17 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Good Mind by revenue are Adam Bytes India Private Limited, Dunamis Systems Engineering Private Limited, Ruffian Plastic-O Private Limited, Meta Arch Private Limited, Flying Talents Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Adil Keki Kotwal was appointed as Director on 17 Dec 2019. Jehaan Adil Kotwal was appointed as Director on 17 Dec 2019.
Yes, Good Mind is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Good Mind is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0252627).
Good Mind has 2 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 28 Apr 2023.
Good Mind can be reached through the website goodmind.in. Its registered office is in Pune, Maharashtra, India.