About Innovative Business Mind Technologies Private Limited
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Innovative Business Mind Technologies Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 15 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2013PTC033841.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sumit Balan Pancha (Managing Director) and Nure Sayyaden.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ernakulam, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.99 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹2,189 (net margin -0.4%) and EBITDA of -₹1,489 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 2% over five years.
The company is associated with 1 brand: InnoMind Technology.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innomindtech.com.
Company details
Contact details
Innovative Business Mind Technologies Private Limited's registered office is in Ernakulam, Kerala. Its website is innomindtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 4/461 2nd Floor Suite # 156, Valamkottil Towers Judgemukku Kakkanad, Ernakulam, Kerala, India – 682021
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Innovative Business Mind Technologies Private Limited, 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
Innovative Business Mind Technologies operates one associated brand: InnoMind Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers digital marketing, ecommerce solutions, and website development services. | innomindtech.com |
Business activity
The main business activity of Innovative Business Mind Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Innovative Business Mind Technologies Private Limited, buy the company report.
Financials of Innovative Business Mind Technologies Private Limited
FY 2024 filings availableInnovative Business Mind Technologies Private Limited reported revenue of ₹4.99 Lakh (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 17% growth in the latest year. EBITDA rose 99% 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
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| EBITDA | -₹1,489 | ||||
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| Net Profit (PAT) | -₹2,189 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.4% | ||||
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To see the full financial statements and ratios of Innovative Business Mind Technologies Private Limited, buy the company report.
Board of directors of Innovative Business Mind Technologies Private Limited
Innovative Business Mind Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Balan Pancha | Managing Director | 15 Apr 2013 | 13 Years 6 Months | Current |
| Nure Sayyaden | Director | 15 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Innovative Business Mind Technologies Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inofty Software Private Limited | ₹5 Lakh (FY 2025) | -58.0% | Bangalore, Karnataka, India | |||
| Hackshade Technologies Private Limited | ₹4.99 Lakh (FY 2025) | -1.0% | Raipur, Chhattisgarh, India | |||
| Innovative Business Mind Technologies Private Limitedthis company | ₹4.99 Lakh (FY 2024) | -₹2,189 | -0.4% | 17.0% | Ernakulam, Kerala, India | |
| Amalgus Solutions Private Limited | ₹4.99 Lakh (FY 2020) | Muradnagar, Uttar Pradesh, India | ||||
| Dishanitish Technologies Private Limited | ₹4.99 Lakh (FY 2020) | Hamirpur, Himachal Pradesh, India | ||||
| Yami United Services Private Limited | ₹4.98 Lakh (FY 2025) | 6546.0% | Contai, West Bengal, India | |||
| Marula Concepts Private Limited | ₹4.98 Lakh (FY 2025) | -11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Innovative Business Mind Technologies Private Limited, buy the company report.
Auditor
Innovative Business Mind Technologies Private Limited is audited by N.V Chandrasekaran for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.V Chandrasekaran | FY 2017 | 19907 |
Shareholding
The shareholding of Innovative Business Mind Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovative Business Mind Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Business Mind Technologies 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
No delayed payments to MSME suppliers are on our record for Innovative Business Mind Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Innovative Business Mind Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovative Business Mind Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Nure Sayyaden was appointed as Director on 15 Apr 2013.
Frequently asked questions
Innovative Business Mind Technologies is an active private limited company based in Ernakulam, Kerala, India. The company works in consultancy, within the information technology industry. It was incorporated on 15 April 2013 (13+ years old) and is registered under CIN U72200KL2013PTC033841.
Innovative Business Mind Technologies has 2 current directors:
- Sumit Balan Pancha - Managing Director
- Nure Sayyaden - Director
The latest financial statements of Innovative Business Mind Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Innovative Business Mind Technologies is U72200KL2013PTC033841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Business Mind Technologies was incorporated on 15 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Innovative Business Mind Technologies by revenue are Inofty Software Private Limited, Hackshade Technologies Private Limited, Amalgus Solutions Private Limited, Dishanitish Technologies Private Limited, Yami United Services Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Nure Sayyaden was appointed as Director on 15 Apr 2013. Sumit Balan Pancha was appointed as Managing Director on 15 Apr 2013.
Innovative Business Mind Technologies can be reached through the website innomindtech.com. Its registered office is in Ernakulam, Kerala, India.
The registered office of Innovative Business Mind Technologies is at No 4461 2nd Floor Suite # 156, Valamkottil Towers Judgemukku Kakkanad, Ernakulam, Kerala, India – 682021.
Innovative Business Mind Technologies operates in the information technology industry, in the consultancy segment.
The compliance status of Innovative Business Mind Technologies is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
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