IIT Mandi Catalyst
About IIT Mandi Catalyst
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IIT Mandi Catalyst is a private not for profit company based in Mandi, Himachal Pradesh, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 10 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U73100HP2017NPL006448. Its GSTIN is 02AAECI1612F1ZC (Himachal Pradesh).
It is led by directors including Laxmidhar Behera and Dipankar Deb.
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 Iit Mandi Catalyst Iit Mandi Kamand Complex, Himachal Pradesh, India – 175005.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.86 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹13.22 Lakh (net margin -2.7%) and EBITDA of ₹16.72 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 38% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IIT Mandi Catalyst.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
IIT Mandi Catalyst's registered office is in Mandi, Himachal Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressIit Mandi Catalyst Iit Mandi Kamand Complex, Himachal Pradesh, India – 175005
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of IIT Mandi Catalyst, buy the company report.
- 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
Brands
IIT Mandi Catalyst operates one associated brand: IIT Mandi Catalyst. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Incubation and support for startups in technology and innovation in the Himalayan region. | iitmandicatalyst.in |
Business activity
The main business activity of IIT Mandi Catalyst is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of IIT Mandi Catalyst, buy the company report.
Financials of IIT Mandi Catalyst
FY 2025 filings availableIIT Mandi Catalyst reported revenue of ₹4.86 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 80% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.72 Lakh | ||||
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| Net Profit (PAT) | -₹13.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | -2.7% | ||||
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To see the full financial statements and ratios of IIT Mandi Catalyst, buy the company report.
Board of directors of IIT Mandi Catalyst
IIT Mandi Catalyst has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Surendraprakash Maheshwari | Additional Director | 27 Oct 2025 | 1 Years 0 Months | Current |
| Laxmidhar Behera Also directs: Pramatra Samkhya Foundation, IIT Mandi Ihub and Hci Foundation | Director | 19 Jan 2022 | 4 Years 9 Months | Current |
| Dipankar Deb | Director | 29 May 2025 | 1 Years 5 Months | Current |
| Hiteshbhai Kantilal Shrimali | Additional Director | 27 Oct 2025 | 1 Years 0 Months | Current |
| Aditya Chaudhuri | Additional Director | 23 Jan 2026 | 0 Years 9 Months | Current |
Legal cases
No court or tribunal cases involving IIT Mandi Catalyst 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
No delayed payments to MSME suppliers are on our record for IIT Mandi Catalyst; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
IIT Mandi Catalyst has a workforce of 18 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
IIT Mandi Catalyst has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAECI1612F1ZC | Himachal Pradesh | Active | 12 Jan 2023 |
To see the full GST registrations and return filing status of IIT Mandi Catalyst, buy the company report.
Recent activity
IIT Mandi Catalyst has 20 board changes on record since 2018: 5 appointments and 15 cessations. The latest: Aditya Chaudhuri was appointed as Additional Director on 23 Jan 2026.
11 earlier events are in the company report.
Frequently asked questions
IIT Mandi Catalyst is an active private not for profit company based in Mandi, Himachal Pradesh, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 10 January 2017 (9+ years old) and is registered under CIN U73100HP2017NPL006448.
IIT Mandi Catalyst has 5 current directors:
- Sanjiv Surendraprakash Maheshwari - Additional Director
- Laxmidhar Behera - Director
- Dipankar Deb - Director
- Hiteshbhai Kantilal Shrimali - Additional Director
- Aditya Chaudhuri - Additional Director
The latest financial statements of IIT Mandi Catalyst 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 2017 are in the company report.
The GSTIN of IIT Mandi Catalyst is 02AAECI1612F1ZC, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of IIT Mandi Catalyst is U73100HP2017NPL006448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IIT Mandi Catalyst was incorporated on 10 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Aditya Chaudhuri was appointed as Additional Director on 23 Jan 2026. Hiteshbhai Kantilal Shrimali was appointed as Additional Director on 27 Oct 2025. Sanjiv Surendraprakash Maheshwari was appointed as Additional Director on 27 Oct 2025. IIT Mandi Catalyst has 20 board changes on record in total.
The registered office of IIT Mandi Catalyst is at Iit Mandi Catalyst Iit Mandi Kamand Complex, Himachal Pradesh, India – 175005.
IIT Mandi Catalyst operates in the travel and hospitality industry, in the consumer professional services segment.
The compliance status of IIT Mandi Catalyst is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
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