Nestormind Private Limited
About Nestormind Private Limited
Data last updated:
Nestormind Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2019PTC048851. Its GSTIN is 03AAECH7620N1ZI (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Hindwaves Infotech Private Limited. It is led by directors including Ravinder Kumar and Nirmla Devi.
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 F 306 Phase 8B, Mohali, Punjab, India – 160055.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.31 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹3.61 Lakh (net margin -9.2%) and EBITDA of -₹2.71 Lakh (EBITDA margin -6.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressF 306 Phase 8B, Mohali, Punjab, India – 160055
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Nestormind Private Limited
The main business activity of Nestormind is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Nestormind Private Limited FY 2025 filings available
Nestormind Private Limited reported revenue of ₹39.31 Lakh (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nestormind Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 40% fall in the latest year. EBITDA rose 12% 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 Nestormind Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹2.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.61 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 of Nestormind Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.2% | •••• | •••• | •••• | •••• |
| 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 Nestormind are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Nestormind Private Limited
Nestormind has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Kumar | Director | 02 Jan 2019 | 7 Years 9 Months | Current |
| Nirmla Devi | Director | 06 Mar 2021 | 5 Years 7 Months | Current |
| Bajinder Lal | Director | 06 Mar 2021 | 5 Years 7 Months | Current |
Peer Comparison of Nestormind Private Limited
Nestormind Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service 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 |
|---|---|---|---|---|---|---|
| Glad Communications Private Limited | ₹39.34 Lakh (FY 2020) | •••• | •••• | -92.0% | •••• | Bangalore, Karnataka, India |
| Verbaltrans Technology Private Limited | ₹39.33 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Bhubaneswar, Odisha, India |
| Kfaqs Infotech Private Limited | ₹39.33 Lakh (FY 2024) | •••• | •••• | 66.0% | •••• | Navneet Vihar, Uttar Pradesh, India |
| Aarvi Server Solutions (OPC) Private Limited | ₹39.33 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Belgaum, Karnataka, India |
| Galinios Technologis Private Limited | ₹39.32 Lakh (FY 2023) | •••• | •••• | 498.0% | •••• | Chennai, Tamil Nadu, India |
| Nestormind Private Limited this company | ₹39.31 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Mohali, Punjab, India |
| Ashima Housing Developers Private Limited | ₹39.31 Lakh (FY 2025) | •••• | •••• | 799.0% | •••• | Kolkata, West Bengal, India |
| Chronmile Technologies Private Limited | ₹39.31 Lakh (FY 2023) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Anytime Media Private Limited | ₹39.3 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Noida, Uttar Pradesh, India |
| Semifront Technologies Private Limited | ₹39.29 Lakh (FY 2024) | •••• | •••• | •••• | Howrah, West Bengal, India | |
| Njuta Technologies Private Limited | ₹39.28 Lakh (FY 2021) | •••• | •••• | -62.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Nestormind by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Nestormind 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 Nestormind Private Limited
Nestormind Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Nestormind Private Limited
Employment history and EPFO contributions of people linked to Nestormind.
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 Nestormind Private Limited
Nestormind Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Gagandeep Kaur ceased to be Director on 28 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for Nestormind 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 Nestormind 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 Nestormind 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 Nestormind Private Limited
Nestormind has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECH7620N1ZI | Punjab | Active | 22 Jan 2019 |
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 Nestormind 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 Nestormind Private Limited
Nestormind is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 January 2019 (7+ years old) and is registered under CIN U72900PB2019PTC048851.
Nestormind reported revenue of ₹39.31 Lakh for FY 2025 (down 40% YoY).
Nestormind has 3 current directors:
- Ravinder Kumar - Director
- Nirmla Devi - Director
- Bajinder Lal - Director
Nestormind reported a net loss of ₹3.61 Lakh (net margin -9.2%) and EBITDA of -₹2.71 Lakh (EBITDA margin -6.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nestormind is -13% over three years. In the latest year (FY 2025) revenue fell 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nestormind is 03AAECH7620N1ZI, registered in Punjab.
The CIN (Corporate Identification Number) of Nestormind is U72900PB2019PTC048851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nestormind was incorporated on 02 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Nestormind by revenue are Glad Communications Private Limited, Verbaltrans Technology Private Limited, Kfaqs Infotech Private Limited, Aarvi Server Solutions (OPC) Private Limited, Galinios Technologis Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Gagandeep Kaur ceased to be Director on 28 May 2024. Bajinder Lal was appointed as Director on 06 Mar 2021. Nirmla Devi was appointed as Director on 06 Mar 2021. Nestormind has 5 board changes on record in total.
The registered office of Nestormind is at F 306 Phase 8B, Mohali, Punjab, India – 160055.