About Mineraltree Private Limited
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Mineraltree Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Mineral Tree, Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017FTC103982. Its GSTIN is 29AAFCN6750Q1ZM (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Nicofi Technologies Private Limited. It is led by directors Ram Purohit and Praveen Raj Shukla.
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 Bangalore, Karnataka.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MineralTree.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mineraltree.com.
Company details
Contact details
Mineraltree Private Limited's registered office is in Bangalore, Karnataka. Its website is mineraltree.com. Its telephone number is in the company report.
- Telephone
- Website
- Social Media
- Registered AddressNo 679/57 30th Cross, Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mineraltree 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
Mineraltree operates one associated brand: MineralTree. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based accounts payable automation is delivered for businesses. | mineraltree.com |
Business activity
The main business activity of Mineraltree 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 |
Financials of Mineraltree Private Limited
FY 2025 filings availableMineraltree Private Limited reported revenue of ₹9,250 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over five years. 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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Financial Ratios
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To see the full financial statements and ratios of Mineraltree Private Limited, buy the company report.
Board of directors of Mineraltree Private Limited
Mineraltree has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Purohit | Director | 26 May 2021 | 5 Years 4 Months | Current |
| Praveen Raj Shukla Also directs: Infonox Software Private Limited | Additional Director | 09 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Mineraltree Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Piviz Private Limited | ₹9,476 (FY 2022) | 3.0% | Jaipur, Rajasthan, India | |||
| Techbet Private Limited | ₹9,466 (FY 2025) | -100.0% | Pune, Maharashtra, India | |||
| Resilient Softech Private Limited | ₹9,451 (FY 2020) | Mumbai, Maharashtra, India | ||||
| Mineraltree Private Limitedthis company | ₹9,250 (FY 2024) | -100.0% | 26 | Bangalore, Karnataka, India | ||
| Corwin Infotech Private Limited | ₹9,236 (FY 2025) | 1115.0% | Anand, Gujarat, India | |||
| Newgen Digital Solutions Private Limited | ₹9,233 (FY 2019) | -97.0% | Kolkata, West Bengal, India | |||
| Innovatus Ventures Private Limited | ₹9,195 (FY 2018) | Haryana, India | ||||
| Muchroom Technologies Private Limited | ₹9,188 (FY 2024) | -27.0% | Bangalore, Karnataka, India | |||
| Nex-Tek Systems Private Limited | ₹9,182 (FY 2024) | -55.0% | Delhi, India |
To see the full peer comparison of Mineraltree Private Limited, buy the company report.
Auditor
Mineraltree Private Limited is audited by A N K H & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N K H & ASSOCIATES | FY 2023 | 015330S |
Shareholding
The shareholding of Mineraltree Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Mineraltree Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mineraltree 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 Mineraltree Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mineraltree Private Limited has a workforce of 26 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Mineraltree has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN6750Q1ZM | Karnataka | Active | 23 Sep 2017 |
To see the full GST registrations and return filing status of Mineraltree Private Limited, buy the company report.
Recent activity
Mineraltree Private Limited has 13 board changes on record since 2017: 7 appointments and 6 cessations. The latest: Praveen Raj Shukla was appointed as Additional Director on 09 Jan 2026.
4 earlier events are in the company report.
News
Frequently asked questions
Mineraltree is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 June 2017 (9+ years old) and is registered under CIN U74999KA2017FTC103982.
Mineraltree has 2 current directors:
- Ram Purohit - Director
- Praveen Raj Shukla - Additional Director
The latest financial statements of Mineraltree 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 2018 are in the company report.
The GSTIN of Mineraltree is 29AAFCN6750Q1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Mineraltree is U74999KA2017FTC103982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mineraltree was incorporated on 20 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mineraltree by revenue are Piviz Private Limited, Techbet Private Limited, Resilient Softech Private Limited, Corwin Infotech Private Limited, Newgen Digital Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Praveen Raj Shukla was appointed as Additional Director on 09 Jan 2026. Shivani Mittal ceased to be Additional Director on 29 Sep 2023. Beth Ann Deck ceased to be Director on 24 Apr 2023. Mineraltree has 13 board changes on record in total.
Mineraltree can be reached through the website mineraltree.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mineraltree is at No 67957 30th Cross, Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041.
Mineraltree operates in the information technology industry, in the application development and software solutions segment.