About Mentorware India Private Limited
Data last updated:
Mentorware India Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Mentorware Inc.. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 16 August 1999.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1999PTC025597. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28.84 Lakh. It was led by directors Narayanan Sethu Subramanyan (Managing Director) and Ramaswamy Ramanathan.
Its last annual general meeting (AGM) was held on 27 July 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 15/16 Byrasandra Main Road Jayanagar East Ist Block, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.41 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Lakh (net margin -93.8%) and EBITDA of ₹61,074 (EBITDA margin 43.3%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 67% over five years.
The company had about 18 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: Mentorware. Court records list 3 cases involving the company, including 3 filed against it.
The last known website on record is mentorware.com.
Company details
Contact details
Mentorware India Private Limited's registered office is in Bangalore, Karnataka. Its website is mentorware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address15/16 Byrasandra Main Road Jayanagar East Ist Block, Bangalore, Karnataka, India – 560011
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Mentorware India 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
Brands
Mentorware India operates one associated brand: Mentorware. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive cloud solutions for businesses. | mentorware.com |
Business activity
The main business activity of Mentorware India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Mentorware India Private Limited, buy the company report.
Financials of Mentorware India Private Limited
FY 2020 filings availableMentorware India Private Limited reported revenue of ₹1.41 Lakh (down 80% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 80% fall in the latest year. EBITDA rose 136% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹61,074 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.32 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.3% | ||||
| Net Profit Margin | -93.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Mentorware India Private Limited, buy the company report.
Board of directors of Mentorware India Private Limited
Mentorware India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramaswamy Ramanathan | Director | 30 Sep 2004 | 22 Years 0 Months | As last reported |
| Narayanan Sethu Subramanyan | Managing Director | 30 Sep 2004 | 22 Years 0 Months | As last reported |
Peer comparison
Mentorware India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trividh Tech Solutions Private Limited | ₹1.41 Lakh (FY 2018) | Pune, Maharashtra, India | ||||
| Congun Private Limited | ₹1.41 Lakh (FY 2017) | Hyderabad, Telangana, India | ||||
| Wieaw Technologies Private Limited | ₹1.41 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Blueclues Hi Security System Private Limited | ₹1.41 Lakh (FY 2024) | 10.0% | Kanchipuram, Tamil Nadu, India | |||
| 100X Space Investment Technologies Private Limited | ₹1.41 Lakh (FY 2025) | -58.0% | Jhansi, Uttar Pradesh, India | |||
| Mentorware India Private Limitedthis company | ₹1.41 Lakh (FY 2020) | -₹1.32 Lakh | -93.8% | -80.0% | 18 | Bangalore, Karnataka, India |
| Gaggle Thread Technologies Private Limited | ₹1.41 Lakh (FY 2025) | 43.0% | Mau, Uttar Pradesh, India | |||
| Onomatox Private Limited | ₹1.41 Lakh (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Spine Computech (India) Private Limited | ₹1.41 Lakh (FY 2015) | 65.0% | Hyderabad, Telangana, India | |||
| Axl Techno Systems Private Limited | ₹1.4 Lakh (FY 2019) | -85.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mentorware India Private Limited, buy the company report.
Auditor
Mentorware India Private Limited is audited by P K NARENDRA AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K NARENDRA AND CO | FY 2017 | 050096S |
Shareholding
The shareholding of Mentorware India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mentorware India Private Limited, buy the company report.
Legal cases
Mentorware India Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Disposed |
| District court, MANDYA, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Mentorware India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mentorware India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mentorware India Private Limited has a workforce of 18 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Mentorware India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mentorware India Private Limited, buy the company report.
Recent activity
Mentorware India Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Shyam Kumar Subramanyan ceased to be Director on 01 May 2009.
Frequently asked questions
Mentorware India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mentorware India was a private limited company based in Bangalore, Karnataka, India. The company worked in computer programming, within the information technology industry. It was incorporated on 16 August 1999 and is registered under CIN U72200KA1999PTC025597. The company has been struck off by the Registrar of Companies and is no longer operational.
Mentorware India had 2 directors:
- Narayanan Sethu Subramanyan - Managing Director
- Ramaswamy Ramanathan - Director
The CIN (Corporate Identification Number) of Mentorware India is U72200KA1999PTC025597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mentorware India is at 1516 Byrasandra Main Road Jayanagar East Ist Block, Bangalore, Karnataka, India – 560011.
Mentorware India was incorporated on 16 August 1999. It is registered with the Registrar of Companies, Bangalore.
Mentorware India can be reached through the website mentorware.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Mentorware India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 27 July 2020. Year-wise statements from 2015 are in the company report.
No. Mentorware India has 1 GST registration on record and it is cancelled or inactive.
Mentorware India operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
The peers of Mentorware India by revenue are Trividh Tech Solutions Private Limited, Congun Private Limited, Wieaw Technologies Private Limited, Blueclues Hi Security System Private Limited, 100X Space Investment Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).