Mindwork Stocks Private Limited

Mindwork Stocks Private Limited - financial services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U74999KA2011PTC061763 Incorporated 21 December 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company financial services
Data last updated
Revenue · FY 2018
₹17.73 Cr
▲ 170% YoY
Net profit · FY 2018
₹2.49 Lakh
Net margin 0.1%
EBITDA · FY 2018
₹3.98 Lakh
EBITDA margin 0.2%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹65 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
Last financials
Mar 2018
Balance sheet date

About Mindwork Stocks Private Limited

Data last updated:

Mindwork Stocks Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Precious Wealth India Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the other financial holding segment of the financial services sector. It was incorporated on 21 December 2011.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2011PTC061763.

The company had an authorised share capital of ₹70 Lakh and a paid-up capital of ₹65 Lakh. It was led by directors including Latha Kumari and Sachin Kantilal Nahar.

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 was at No. 6 1st Cross K. G Road Extension, Bangalore, Karnataka, India – 560009.

As per the financials filed for FY 2018, the company reported a revenue of ₹17.73 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.49 Lakh (net margin 0.1%) and EBITDA of ₹3.98 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 130% over three years.

Company details

CIN U74999KA2011PTC061763
Registration Number 061763
Incorporation Date 21 December 2011
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Parent Company Precious Wealth India Private Limited
Compliance Status Active Compliant

Contact details

Mindwork Stocks Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No. 6 1st Cross K. G Road Extension, Bangalore, Karnataka, India – 560009
  • Industry
    Financial Services, Other Financial Holding, Financial Activities, Fund, Trust

To see the full contact details of Mindwork Stocks Private Limited, buy the company report.

Comprehensive company report
Mindwork Stocks 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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Business activity

The main business activity of Mindwork Stocks is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK2Activities by Trusts, funds and other financial holding companies

To see the full business activity and turnover split of Mindwork Stocks Private Limited, buy the company report.

Financials of Mindwork Stocks Private Limited

FY 2018 filings available

Mindwork Stocks Private Limited reported revenue of ₹17.73 Cr (up 170% YoY) for FY 2018.

Revenue · FY 2018
₹17.73 Cr ▲ 170%
Net profit · FY 2018
₹2.49 Lakh margin 0.1%
EBITDA · FY 2018
₹3.98 Lakh margin 0.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 170%
3 years · compounded
▲ 130%
EBITDA CAGR growth
1 year
▼ 82%
3 years · compounded
▲ 65%

Revenue has grown at a compounded annual rate (CAGR) of 130% over three years, including 170% growth in the latest year. EBITDA fell 82% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹3.98 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.49 Lakh
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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin0.2%
Net Profit Margin0.1%
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

To see the full financial statements and ratios of Mindwork Stocks Private Limited, buy the company report.

Board of directors of Mindwork Stocks Private Limited

Mindwork Stocks has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Latha KumariDirector12 Mar 20197 Years 7 MonthsAs last reported
Sachin Kantilal NaharDirector12 Mar 20197 Years 7 MonthsAs last reported
Vikram Hirachandji JainDirector12 Mar 20197 Years 7 MonthsAs last reported

Peer comparison

Mindwork Stocks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities by trusts, funds and other financial holding companies), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Thaagam Foundation₹19.69 Cr (FY 2025)52.0%Chennai, Tamil Nadu, India
B Sec Services Limited₹19.61 Cr (FY 2025)15.0%Chennai, Tamil Nadu, India
Sanmar Engineering Technologies Private Limited₹19.38 Cr (FY 2025)-6.0%Chennai, Tamil Nadu, India
Shemaroo Trading Private Limited₹18.12 Cr (FY 2025)38.0%Mumbai, Maharashtra, India
Tamilnadu Viswakarma Mutual Benefit Nidhi Limited₹17.96 Cr (FY 2025)26.0%Madurai, Tamil Nadu, India
Mindwork Stocks Private Limitedthis company₹17.73 Cr (FY 2018)₹2.49 Lakh0.1%170.0%Bangalore, Karnataka, India
Disha India Micro Credit₹17.38 Cr (FY 2025)42.0%Saharanpur, Uttar Pradesh, India
Esaf Financial Holdings Private Limited₹17.36 Cr (FY 2019)-98.0%Mannuthy, Kerala, India
HSBC Investdirect (India) Private Limited₹16.76 Cr (FY 2025)13.0%Mumbai, Maharashtra, India
Refam Securities Private Limited₹16.31 Cr (FY 2025)-12.0%New Delhi, Delhi, India
Poojakrishna Chit Funds India Private Limited₹15.11 Cr (FY 2025)-16.0%Hyderabad, Telangana, India

To see the full peer comparison of Mindwork Stocks Private Limited, buy the company report.

Auditor

Mindwork Stocks Private Limited is audited by U.C BHANDARI & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
U.C BHANDARI & COFY 2017233165

Shareholding

The shareholding of Mindwork Stocks 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mindwork Stocks Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mindwork Stocks 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 Mindwork Stocks Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Mindwork Stocks Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Bharat Moolchand Jain ceased to be Additional Director on 28 Mar 2019.

Ceased
Bharat Moolchand Jain ceased to be Additional Director.
Ceased
Vijay Kumar ceased to be Director.
Appointed
Latha Kumari was appointed as Director.
Appointed
Sachin Kantilal Nahar was appointed as Director.
Appointed
Vikram Hirachandji Jain was appointed as Director.
AGM
Mindwork Stocks Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Mindwork Stocks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Ceased
Mahipal Jain Tejpal ceased to be Director.
Ceased
Champa Bai ceased to be Director.
Ceased
Moolchand Dalichandji ceased to be Director.
Incorporation
21 Dec 2011
Mindwork Stocks Private Limited was registered on 21 Dec 2011 with Roc Bangalore & aged 14 years 10 months as per MCA records.

Frequently asked questions

Mindwork Stocks has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Mindwork Stocks was a private limited company based in Bangalore, Karnataka, India. The company worked in other financial holding, within the financial services industry. It was incorporated on 21 December 2011 and is registered under CIN U74999KA2011PTC061763. The company has been struck off by the Registrar of Companies and is no longer operational.

Mindwork Stocks had 3 directors:

The CIN (Corporate Identification Number) of Mindwork Stocks is U74999KA2011PTC061763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Mindwork Stocks is at No. 6 1st Cross K. G Road Extension, Bangalore, Karnataka, India – 560009.

Mindwork Stocks was incorporated on 21 December 2011. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Mindwork Stocks 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.

Mindwork Stocks operated in the financial services industry, in the other financial holding segment. It worked in this industry before it was struck off.

The peers of Mindwork Stocks by revenue are Thaagam Foundation, B Sec Services Limited, Sanmar Engineering Technologies Private Limited, Shemaroo Trading Private Limited, Tamilnadu Viswakarma Mutual Benefit Nidhi Limited and 5 more, all in the same principal business activity (activities by trusts, funds and other financial holding companies).

Bharat Moolchand Jain ceased to be Additional Director on 28 Mar 2019. Vijay Kumar ceased to be Director on 28 Mar 2019. Latha Kumari was appointed as Director on 12 Mar 2019. Mindwork Stocks has 8 board changes on record in total.

The compliance status of Mindwork Stocks is compliant as of 02 August 2026.