About Commence Mint Ventures Private Limited
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Commence Mint Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business support services segment of the business services sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74996KA2016PTC093211. Its GSTIN is 29AAGCC4694R1ZN (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subhash Bhushan Dhar and Arun Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 162 Phase 1 Adarsh Palm Meadows Ramagundanahalli White Field, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.32 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹50,927 (net margin -11.8%) and EBITDA of -₹50,927 (EBITDA margin -11.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 22% over five years.
The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹1.33 Cr; the latest was in March 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website c-mint.com.
Company details
Contact details
Commence Mint Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is c-mint.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address162 Phase 1 Adarsh Palm Meadows Ramagundanahalli White Field, Bangalore, Karnataka, India – 560066
- IndustryBusiness Services, Business Support Services
To see the full contact details of Commence Mint Ventures 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
Business activity
The main business activity of Commence Mint Ventures is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Commence Mint Ventures Private Limited, buy the company report.
Financials of Commence Mint Ventures Private Limited
FY 2024 filings availableCommence Mint Ventures Private Limited reported revenue of ₹4.32 Lakh (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 301% 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
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| EBITDA | -₹50,927 | ||||
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| Net Profit (PAT) | -₹50,927 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -11.8% | ||||
| Net Profit Margin | -11.8% | ||||
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To see the full financial statements and ratios of Commence Mint Ventures Private Limited, buy the company report.
Board of directors of Commence Mint Ventures Private Limited
Commence Mint Ventures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Bhushan Dhar Also directs: Cmint Cohort One LLP, Mindteck (India) Limited | Director | 13 May 2016 | 10 Years 5 Months | Current |
| Arun Kumar Singh | Director | 13 May 2016 | 10 Years 5 Months | Current |
Auditor
Commence Mint Ventures Private Limited is audited by MDA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MDA & CO | FY 2023 | 012023S |
Shareholding
The shareholding of Commence Mint Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Commence Mint Ventures Private Limited, buy the company report.
Deals & funding
Commence Mint Ventures Private Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹1.33 Cr; the latest was in March 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Subhas Bhushan Dhar Family Trust, an individual |
| Jul 2016 | Funding round · Seed | ₹1.33 Cr | Investors: Accel India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Commence Mint Ventures 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 Commence Mint Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Commence Mint Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC4694R1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Commence Mint Ventures Private Limited, buy the company report.
Recent activity
Commence Mint Ventures Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Arun Kumar Singh was appointed as Director on 13 May 2016.
Frequently asked questions
Commence Mint Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN U74996KA2016PTC093211.
Commence Mint Ventures has 2 current directors:
- Subhash Bhushan Dhar - Director
- Arun Kumar Singh - Director
The latest financial statements of Commence Mint Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Commence Mint Ventures is 29AAGCC4694R1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Commence Mint Ventures is U74996KA2016PTC093211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Commence Mint Ventures was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Commence Mint Ventures has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹1.33 Cr; the latest was in March 2017.
Arun Kumar Singh was appointed as Director on 13 May 2016. Subhash Bhushan Dhar was appointed as Director on 13 May 2016.
Commence Mint Ventures can be reached through the website c-mint.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Commence Mint Ventures is at 162 Phase 1 Adarsh Palm Meadows Ramagundanahalli White Field, Bangalore, Karnataka, India – 560066.
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