About Mahindra Integrated Business Solutions Private Limited
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Mahindra Integrated Business Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra And Mahindra Limited. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 18 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2011PTC212468. Its GSTIN is 27AAGCM9780N1ZK (Maharashtra). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.78 Cr. It was formerly known as Mahindra Bpo Services Private Limited. It is led by directors including Vinay Dinkar Deshpande and Rahul Asthana.
Its last annual general meeting (AGM) was held on 16 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mahindra Towers P. K. Kurne Chowk, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹662.23 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹23.51 Cr (net margin 3.6%) and EBITDA of ₹44.81 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 40% over five years.
The company has 2 deals on record (2 acquisitions); the latest was in January 2021. Its 7 peer companies in the Outsourcing industry (Accounting and Financial Analysis, HR Outsourcing), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 4 larger and 3 smaller; the largest is Apex Infralink Limited with revenue of ₹695.52 Cr. The company has 15 MSME Form 1 returns on record between 2017 and 2023, listing 85 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mibs.in.
Company details
CIN history
Mahindra Integrated Business Solutions has one previous CIN (Corporate Identification Number): U74999MH2011PTC212468. The current CIN is U73100MH2011PTC212468, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100MH2011PTC212468 | Current |
| U74999MH2011PTC212468 | Previous |
Contact details
Mahindra Integrated Business Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is mibs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMahindra Towers P. K. Kurne Chowk, Mumbai, Maharashtra, India – 400018
- IndustryBusiness Outsourcing, Accounting and Financial Analysis, HR Outsourcing & Talent Management
To see the full contact details of Mahindra Integrated Business Solutions 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 activities of Mahindra Integrated Business Solutions are support service to organizations and professional, scientific and technical. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | |
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | |
| N | Support service to Organizations | N7 | Other support services to organizations | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mahindra Integrated Business Solutions Private Limited, buy the company report.
Financials of Mahindra Integrated Business Solutions Private Limited
FY 2025 filings availableMahindra Integrated Business Solutions Private Limited reported revenue of ₹662.23 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 16% growth in the latest year. EBITDA rose 20% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹44.81 Cr | ||||
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| Net Profit (PAT) | ₹23.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Mahindra Integrated Business Solutions Private Limited, buy the company report.
Board of directors of Mahindra Integrated Business Solutions Private Limited
Mahindra Integrated Business Solutions has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Dinkar Deshpande | Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Rahul Asthana Also directs: Aegis Logistics Limited, Hindustan Aegis LPG Limited, Mahindra Last Mile Mobility Limited and 3 more | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
| Neera Saggi Also directs: Honeywell Automation India Limited, Ge Vernova T&D India Limited, Adani Green Energy Limited and 2 more | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
| Divya Gulati Also directs: Bristlecone India Limited, Illuminate Hybren Private Limited, Hazel Hybren Private Limited and 5 more | Director | 24 Jun 2024 | 2 Years 4 Months | Current |
| Rohit Chandur Thakur Also directs: NBS International Limited, Mahindra Airways Limited | Director | 05 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Mahindra Integrated Business Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis, HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apex Infralink Limited | ₹695.52 Cr (FY 2024) | 17.0% | Jamnagar, Gujarat, India | |||
| Futurz Staffing Solutions Private Limited | ₹686.11 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| PSN Supply Chain Solutions Private Limited | ₹671.28 Cr (FY 2025) | 17.0% | Dahishar, Maharashtra, India | |||
| Kutumbh Care Private Limited | ₹667.5 Cr (FY 2023) | 9.0% | Delhi, India | |||
| Mahindra Integrated Business Solutions Private Limitedthis company | ₹662.23 Cr (FY 2025) | ₹23.51 Cr | 3.6% | 16.0% | Mumbai, Maharashtra, India | |
| Uttarakhand Purv Sainik Kalyan Nigam Limited | ₹627.39 Cr (FY 2024) | 8.0% | Dehradun, Uttarakhand, India | |||
| Experis IT Private Limited | ₹622.46 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Teamlease Digital Private Limited | ₹594.54 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mahindra Integrated Business Solutions Private Limited, buy the company report.
Auditor
Mahindra Integrated Business Solutions Private Limited is audited by B. K. Khare and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. Khare and Co. | FY 2023 | 105102W |
Shareholding
The shareholding of Mahindra Integrated Business Solutions 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 Mahindra Integrated Business Solutions Private Limited, buy the company report.
Deals & funding
Mahindra Integrated Business Solutions Private Limited has 2 deals on record (2 acquisitions); the latest was in January 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Acquisition | ₹8.28 Cr | Buyer: Mahindra and Mahindra Limited |
| Jun 2011 | Acquisition | ₹1.49 Cr | Buyer: Mahindra Holdings Limited |
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 Mahindra Integrated Business Solutions 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
Mahindra Integrated Business Solutions Private Limited has 15 MSME Form 1 returns on record between 2017 and 2023, listing 85 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cnergyis Infotech India Private Limited | |||
| V.K. Traders | |||
| Elision Technologies Private Limited | |||
| Dev Information Technology Limited | |||
| an individual supplier |
To see the full MSME payment records of Mahindra Integrated Business Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mahindra Integrated Business Solutions has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM9780N1ZK | Maharashtra | Active | 01 Jul 2017 |
| 29AAGCM9780N1ZG | Karnataka | Active | 01 Jul 2017 |
| 32AAGCM9780N1ZT | Kerala | Active | 17 Apr 2023 |
| 24AAGCM9780N1ZQ | Gujarat | Active | 25 May 2023 |
To see the full GST registrations and return filing status of Mahindra Integrated Business Solutions Private Limited, buy the company report.
Recent activity
Mahindra Integrated Business Solutions Private Limited has 17 board changes on record since 2011: 11 appointments and 6 cessations. The latest: Sanjay Vasant Joglekar ceased to be Director on 16 Jul 2025.
8 earlier events are in the company report.
News
Frequently asked questions
Mahindra Integrated Business Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 18 January 2011 (15+ years old) and is registered under CIN U73100MH2011PTC212468.
Mahindra Integrated Business Solutions has 5 current directors:
- Vinay Dinkar Deshpande - Director
- Rahul Asthana - Director
- Neera Saggi - Director
- Divya Gulati - Director
- Rohit Chandur Thakur - Director
The latest financial statements of Mahindra Integrated Business Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindra Integrated Business Solutions is 27AAGCM9780N1ZK, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 29AAGCM9780N1ZG (Karnataka), 32AAGCM9780N1ZT (Kerala), 24AAGCM9780N1ZQ (Gujarat).
The CIN (Corporate Identification Number) of Mahindra Integrated Business Solutions is U73100MH2011PTC212468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahindra Integrated Business Solutions was incorporated on 18 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahindra Integrated Business Solutions has 2 deals on record (2 acquisitions); the latest was in January 2021.
The peers of Mahindra Integrated Business Solutions by revenue are Apex Infralink Limited, Futurz Staffing Solutions Private Limited, PSN Supply Chain Solutions Private Limited, Kutumbh Care Private Limited, Uttarakhand Purv Sainik Kalyan Nigam Limited and 2 more, all in the Outsourcing industry (Accounting and Financial Analysis, HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Sanjay Vasant Joglekar ceased to be Director on 16 Jul 2025. Durgashankar Subramaniam ceased to be Director on 19 Jul 2024. Divya Gulati was appointed as Director on 24 Jun 2024. Mahindra Integrated Business Solutions has 17 board changes on record in total.
Mahindra Integrated Business Solutions has 15 MSME Form 1 returns on record between 2017 and 2023, listing 85 overdue payments to 16 micro and small suppliers. The latest return was filed on 17 Nov 2023.
Mahindra Integrated Business Solutions can be reached through the website mibs.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mahindra Integrated Business Solutions is at Mahindra Towers P. K. Kurne Chowk, Mumbai, Maharashtra, India – 400018.
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