- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-19-0136971

About Mindstar Netcorp Private Limited
Data last updated:
Mindstar Netcorp Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 10 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC206430.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gilbert Clifford Dsouza and Lawrence Fernandes.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at D/3 Ishwar Nagar Opp. Dena Bank Bhandup West, Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹17,397 (net margin -14.6%) and EBITDA of -₹16,750 (EBITDA margin -14.1%). Revenue has grown at a compounded annual rate (CAGR) of 147% over three years.
The company is associated with 1 brand: Mindstar Netcorp.
Mindstar Netcorp Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0136971). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindstarnetcorp.com.
Company details
Recognitions & Rankings of Mindstar Netcorp
Contact details
Mindstar Netcorp Private Limited's registered office is in Mumbai, Maharashtra. Its website is mindstarnetcorp.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressD/3 Ishwar Nagar Opp. Dena Bank Bhandup West, Mumbai, Maharashtra, India – 400078
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Mindstar Netcorp 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
Mindstar Netcorp operates one associated brand: Mindstar Netcorp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital marketing services including performance marketing, SEO, and eCommerce solutions in India. | mindstarnetcorp.com |
Business activity
The main business activity of Mindstar Netcorp 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 Mindstar Netcorp Private Limited, buy the company report.
Financials of Mindstar Netcorp Private Limited
FY 2018 filings availableMindstar Netcorp Private Limited reported revenue of ₹1.19 Lakh (up 748% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 147% over three years, including 748% growth in the latest year. EBITDA rose 61% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.19 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
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| Total Expenses | ||||
| EBITDA | -₹16,750 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹17,397 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -14.1% | |||
| Net Profit Margin | -14.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Mindstar Netcorp Private Limited, buy the company report.
Board of directors of Mindstar Netcorp Private Limited
Mindstar Netcorp has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gilbert Clifford Dsouza Also directs: Mysterindia Travels LLP | Director | 29 Nov 2013 | 12 Years 10 Months | Current |
| Lawrence Fernandes Also directs: Mysterindia Travels LLP | Director | 10 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Mindstar Netcorp Private Limited is audited by AGRAWAL SANAS & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL SANAS & ASSOCIATES | FY 2018 | 141170W |
Shareholding
The shareholding of Mindstar Netcorp Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mindstar Netcorp Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mindstar Netcorp 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 Mindstar Netcorp 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 Mindstar Netcorp Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mindstar Netcorp Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Santosh Robert Fernandes ceased to be Director on 19 Sep 2019.
Frequently asked questions
Mindstar Netcorp is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 10 August 2010 (16+ years old) and is registered under CIN U72900MH2010PTC206430.
Mindstar Netcorp has 2 current directors:
- Gilbert Clifford Dsouza - Director
- Lawrence Fernandes - Director
The latest financial statements of Mindstar Netcorp on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mindstar Netcorp is U72900MH2010PTC206430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindstar Netcorp was incorporated on 10 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Santosh Robert Fernandes ceased to be Director on 19 Sep 2019. Gilbert Clifford Dsouza was appointed as Director on 29 Nov 2013. Roshan Fernandes ceased to be Director on 11 May 2013. Mindstar Netcorp has 4 board changes on record in total.
Yes, Mindstar Netcorp is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0136971).
Mindstar Netcorp can be reached through the website mindstarnetcorp.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mindstar Netcorp is at D3 Ishwar Nagar Opp. Dena Bank Bhandup West, Mumbai, Maharashtra, India – 400078.
Mindstar Netcorp operates in the e-commerce industry, in the general e-commerce platforms segment.