About Ignited Mind Lab Private Limited
Data last updated:
Ignited Mind Lab Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80100MH2003PTC141731. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹2.3 Lakh. It was formerly known as Sigma Advisors Private Limited. It is led by directors Nitin Ramanlal Khivasara and Rupali Nitin Khivasara.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.13 Lakh, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹3.55 Lakh (net margin 3.7%) and EBITDA of ₹12.13 Lakh (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 12% 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 ignitedmindlab.com.
CIN History of Ignited Mind Lab Private Limited
Ignited Mind Lab has one previous CIN (Corporate Identification Number): U74210MH2003PTC141731. The current CIN is U80100MH2003PTC141731, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80100MH2003PTC141731 | Current |
| U74210MH2003PTC141731 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 2501 Ra Residences Dr. Ba Road, Opp Sharda Cinema Dadar (E), Mumbai, Maharashtra, India – 400014
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Ignited Mind Lab Private Limited
The main business activity of Ignited Mind Lab is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy 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 Ignited Mind Lab Private Limited FY 2024 filings available
Ignited Mind Lab Private Limited reported revenue of ₹95.13 Lakh (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ignited Mind Lab Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 39% growth in the latest year. EBITDA rose 32% 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 Ignited Mind Lab 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 | ₹12.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.55 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ignited Mind Lab Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 Ignited Mind Lab are in the company report.
Financial statements from 2015
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 Ignited Mind Lab Private Limited
Ignited Mind Lab has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Ramanlal Khivasara | Director | 13 Aug 2003 | 23 Years 2 Months | Current |
| Rupali Nitin Khivasara Also directs: Ignited Versity Private Limited | Director | 13 Aug 2003 | 23 Years 2 Months | Current |
Peer Comparison of Ignited Mind Lab Private Limited
Ignited Mind Lab Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting 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 |
|---|---|---|---|---|---|---|
| Win-Win Energy Systems Private Limited | ₹95.25 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Thane, Maharashtra, India |
| Aarvia Fintech Advisors Private Limited | ₹95.23 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Borivlai East, Maharashtra, India |
| Mudra (International) Private Limited | ₹95.2 Lakh (FY 2021) | •••• | •••• | 97.0% | •••• | Allahabad, Uttar Pradesh, India |
| Online Point Private Limited | ₹95.18 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| V.J.A.I Consultant Private Limited | ₹95.14 Lakh (FY 2016) | •••• | •••• | 63.0% | •••• | Mumbai, Maharashtra, India |
| Ignited Mind Lab Private Limited this company | ₹95.13 Lakh (FY 2024) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Extreme Informatics Private Limited | ₹95.09 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Zillion Ventures Private Limited | ₹95.09 Lakh (FY 2020) | •••• | •••• | 3488.0% | •••• | Channai, Tamil Nadu, India |
| Elluminate Capital Advisors Private Limited | ₹95.08 Lakh (FY 2025) | •••• | •••• | 138.0% | •••• | Bangalore, Karnataka, India |
| Acmeastute Consultants & Managerial Elites Private Limited | ₹95.06 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| 3F Consultants Private Limited | ₹94.94 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ignited Mind Lab by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ignited Mind Lab Private Limited
Ignited Mind Lab Private Limited is audited by DOOGAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DOOGAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ignited Mind Lab 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 Ignited Mind Lab Private Limited
Ignited Mind Lab Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ignited Mind Lab Private Limited
Employment history and EPFO contributions of people linked to Ignited Mind Lab.
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 Ignited Mind Lab Private Limited
Ignited Mind Lab Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Nitin Ramanlal Khivasara was appointed as Director on 13 Aug 2003.
Credit Ratings, Litigation & Regulatory Alerts for Ignited Mind Lab 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 Ignited Mind Lab 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 Ignited Mind Lab 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 Ignited Mind Lab Private Limited
Ignited Mind Lab has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Ignited Mind Lab 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 Ignited Mind Lab Private Limited
Ignited Mind Lab is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 August 2003 (23+ years old) and is registered under CIN U80100MH2003PTC141731.
Ignited Mind Lab reported revenue of ₹95.13 Lakh for FY 2024 (up 39% YoY).
Ignited Mind Lab has 2 current directors:
- Nitin Ramanlal Khivasara - Director
- Rupali Nitin Khivasara - Director
Ignited Mind Lab reported a net profit of ₹3.55 Lakh (net margin 3.7%) and EBITDA of ₹12.13 Lakh (EBITDA margin 12.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ignited Mind Lab is 47% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
No. Ignited Mind Lab has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ignited Mind Lab is U80100MH2003PTC141731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignited Mind Lab was incorporated on 13 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ignited Mind Lab by revenue are Win-Win Energy Systems Private Limited, Aarvia Fintech Advisors Private Limited, Mudra (International) Private Limited, Online Point Private Limited, V.J.A.I Consultant Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Nitin Ramanlal Khivasara was appointed as Director on 13 Aug 2003. Rupali Nitin Khivasara was appointed as Director on 13 Aug 2003.
Ignited Mind Lab can be reached through the website ignitedmindlab.com. Its registered office is in Mumbai, Maharashtra, India.