About Altum Minds Private Limited
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Altum Minds Private Limited is a private limited company based in Whitefield, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 03 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC106892.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Prasad Ramanathan and Sridhar Korada.
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 Srimathidg5 Dsrgreenfieldsapartmentnagagondanahalli Immadhalli, Whitefield, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹14,713, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹8,079 (net margin -54.9%) and EBITDA of -₹8,079 (EBITDA margin -54.9%). Revenue has declined at a compounded annual rate (CAGR) of 48% 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 altum-minds.com.
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- Registered AddressSrimathidg5 Dsrgreenfieldsapartmentnagagondanahalli Immadhalli, Whitefield, Karnataka, India – 560066
- IndustryInformation Technology, Software Development & Support Services
- 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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Financials of Altum Minds Private Limited FY 2025 filings available
Altum Minds Private Limited reported revenue of ₹14,713 (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Altum Minds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 27% fall in the latest year. EBITDA fell 70% 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 Altum Minds Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹8,079 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8,079 | •••• | •••• | •••• | •••• |
| 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 Altum Minds Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -54.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -54.9% | •••• | •••• | •••• | •••• |
| 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 Altum Minds are in the company report.
Financial statements from FY 2018
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 Altum Minds Private Limited
Altum Minds has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasad Ramanathan | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Sridhar Korada | Director | 30 Jan 2018 | 8 Years 8 Months | Current |
| Padma Chandru | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
Peer Comparison of Altum Minds Private Limited
Altum Minds Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tekspan Solutions Private Limited | ₹15,000 (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Coho Data India Private Limited | ₹15,000 (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Complicheck Systems Private Limited | ₹15,000 (FY 2025) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Niyantra Technologies Private Limited | ₹15,000 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Insieme Software Private Limited | ₹15,000 (FY 2020) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Altum Minds Private Limited this company | ₹14,713 (FY 2024) | •••• | •••• | -27.0% | •••• | Whitefield, Karnataka, India |
| Kingsoft Office Software India Private Limited | ₹14,647 (FY 2025) | •••• | •••• | -100.0% | •••• | Bengaluru, Karnataka, India |
| Prime Healthchakra Private Limited | ₹14,479 (FY 2016) | •••• | •••• | -5.0% | •••• | Delhi, India |
| Ever Team Software India Private Limited | ₹14,440 (FY 2021) | •••• | •••• | -99.0% | •••• | Bengaluru, Karnataka, India |
| Avisa Software Services Private Limited | ₹14,160 (FY 2022) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Baba Technology Private Limited | ₹13,991 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Altum Minds by revenue in the Information Technology industry (Software Services), 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 Altum Minds 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 Altum Minds Private Limited
Altum Minds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Altum Minds Private Limited
Employment history and EPFO contributions of people linked to Altum Minds.
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 Altum Minds Private Limited
Altum Minds Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Sridhar Korada ceased to be Director on 14 Dec 2018.
Credit Ratings, Litigation & Regulatory Alerts for Altum Minds 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 Altum Minds 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 Altum Minds 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 Altum Minds Private Limited
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 Altum Minds 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 Altum Minds Private Limited
Altum Minds is an active private limited company based in Whitefield, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 03 October 2017 (9+ years old) and is registered under CIN U74999KA2017PTC106892.
Altum Minds reported revenue of ₹14,713 for FY 2024 (down 27% YoY).
Altum Minds has 3 current directors:
- Prasad Ramanathan - Director
- Sridhar Korada - Director
- Padma Chandru - Director
Altum Minds reported a net loss of ₹8,079 (net margin -54.9%) and EBITDA of -₹8,079 (EBITDA margin -54.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Altum Minds is -48% over five years. In the latest year (FY 2024) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Altum Minds is U74999KA2017PTC106892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altum Minds was incorporated on 03 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Altum Minds by revenue are Tekspan Solutions Private Limited, Coho Data India Private Limited, Complicheck Systems Private Limited, Niyantra Technologies Private Limited, Insieme Software Private Limited and 5 more, all in the Information Technology industry (Software Services).
Sridhar Korada ceased to be Director on 14 Dec 2018. Sridhar Korada was appointed as Director on 30 Jan 2018. Padma Chandru was appointed as Director on 03 Oct 2017. Altum Minds has 4 board changes on record in total.
Altum Minds can be reached through the website altum-minds.com. Its registered office is in Whitefield, Karnataka, India.
The registered office of Altum Minds is at Srimathidg5 Dsrgreenfieldsapartmentnagagondanahalli Immadhalli, Whitefield, Karnataka, India – 560066.