About Mindsoft Infotech (I) Private Limited
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Mindsoft Infotech (I) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 29 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC064645. Its GSTIN is 29AAICM0235A1ZX (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Thavamani Thangiah and Ashok Smitha.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at # 317 1st Floor 14th Cross 10th Main Road Indira Nagar 2nd Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2023, the company reported a revenue of ₹36.72 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹25,326 (net margin 0.7%) and EBITDA of ₹42,391 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindsoftinfotech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address# 317 1st Floor 14th Cross 10th Main Road Indira Nagar 2nd Stage, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Consultancy, Computer Programming
- 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 Mindsoft Infotech (I) Private Limited
The main business activity of Mindsoft Infotech (I) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Mindsoft Infotech (I) Private Limited FY 2023 filings available
Mindsoft Infotech (I) Private Limited reported revenue of ₹36.72 Lakh (down 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mindsoft Infotech (I) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 11% fall in the latest year. EBITDA fell 63% 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 Mindsoft Infotech (I) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹42,391 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25,326 | •••• | •••• | •••• | •••• |
| 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 Mindsoft Infotech (I) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Mindsoft Infotech (I) are in the company report.
Financial statements from 2015
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 Mindsoft Infotech (I) Private Limited
Mindsoft Infotech (I) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Rmnexo Software Private Limited | ₹36.74 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Maharashtra, India |
| Ifisys Software and Services Private Limited | ₹36.73 Lakh (FY 2022) | •••• | •••• | 121.0% | •••• | Delhi, India |
| Caelum Consulting Private Limited | ₹36.73 Lakh (FY 2025) | •••• | •••• | 83.0% | •••• | Indore, Madhya Pradesh, India |
| Pagadi Technology Solutions Private Limited | ₹36.73 Lakh (FY 2025) | •••• | •••• | 16922.0% | •••• | Mumbai, Maharashtra, India |
| Servelots Infotech Private Limited | ₹36.72 Lakh (FY 2024) | •••• | •••• | -30.0% | •••• | Bangalore, Karnataka, India |
| Mindsoft Infotech (I) Private Limited this company | ₹36.72 Lakh (FY 2023) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Deep Algorithms Solutions Private Limited | ₹36.72 Lakh (FY 2025) | •••• | •••• | 1736.0% | •••• | Hyderabad, Telangana, India |
| Callifony Solutions Private Limited | ₹36.71 Lakh (FY 2024) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Adlumino Private Limited | ₹36.71 Lakh (FY 2024) | •••• | •••• | 74.0% | •••• | Noida, Uttar Pradesh, India |
| Beltech IT Solution Private Limited | ₹36.7 Lakh (FY 2020) | •••• | •••• | -26.0% | •••• | Ahmedabad, Gujarat, India |
| David Lloyd Software Private Limited | ₹36.69 Lakh (FY 2019) | •••• | •••• | -39.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mindsoft Infotech (I) by revenue in the same principal business activity (Computer programming, consultancy and related 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 Mindsoft Infotech (I) Private Limited
Mindsoft Infotech (I) Private Limited is audited by UNNAM CHATRAGUDAIAH for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| UNNAM CHATRAGUDAIAH | 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 Mindsoft Infotech (I) Private Limited
Mindsoft Infotech (I) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thavamani Thangiah | Director | 29 Jun 2012 | 14 Years 3 Months | Current |
| Ashok Smitha | Director | 29 Jun 2012 | 14 Years 3 Months | Current |
Ownership and Shareholding of Mindsoft Infotech (I) 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 Mindsoft Infotech (I) Private Limited
Mindsoft Infotech (I) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mindsoft Infotech (I) Private Limited
Employment history and EPFO contributions of people linked to Mindsoft Infotech (I).
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 Mindsoft Infotech (I) Private Limited
Mindsoft Infotech (I) Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Ashok Smitha was appointed as Director on 29 Jun 2012.
Credit Ratings, Litigation & Regulatory Alerts for Mindsoft Infotech (I) 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 Mindsoft Infotech (I) 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 Mindsoft Infotech (I) 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 Mindsoft Infotech (I) Private Limited
Mindsoft Infotech (I) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM0235A1ZX | Karnataka | Active | 01 Jul 2017 |
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 Mindsoft Infotech (I) 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 Mindsoft Infotech (I) Private Limited
Mindsoft Infotech (I) is an active private limited company based in Bangalore, Karnataka, India. The company works in consultancy, within the information technology industry. It was incorporated on 29 June 2012 (14+ years old) and is registered under CIN U72200KA2012PTC064645.
Mindsoft Infotech (I) reported revenue of ₹36.72 Lakh for FY 2023 (down 11% YoY).
Mindsoft Infotech (I) has 2 current directors:
- Thavamani Thangiah - Director
- Ashok Smitha - Director
Mindsoft Infotech (I) reported a net profit of ₹25,326 (net margin 0.7%) and EBITDA of ₹42,391 (EBITDA margin 1.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindsoft Infotech (I) is 69% over three years and -23% over five years. In the latest year (FY 2023) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindsoft Infotech (I) is 29AAICM0235A1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Mindsoft Infotech (I) is U72200KA2012PTC064645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindsoft Infotech (I) was incorporated on 29 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mindsoft Infotech (I) by revenue are Rmnexo Software Private Limited, Ifisys Software and Services Private Limited, Caelum Consulting Private Limited, Pagadi Technology Solutions Private Limited, Servelots Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Ashok Smitha was appointed as Director on 29 Jun 2012. Thavamani Thangiah was appointed as Director on 29 Jun 2012.
Mindsoft Infotech (I) can be reached through the website mindsoftinfotech.com. Its registered office is in Bangalore, Karnataka, India.