MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-29-0024078
Million Minds Management Services Limited - business services in Hobli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹125.11 Cr
▼ 14% YoY
Net profit · FY 2024
₹44.61 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹2.49 Cr
EBITDA margin 2%
Authorised capital
₹2.65 Cr
Registered with MCA
Paid-up capital
₹2.64 Cr
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
5,294
Provident fund records
About Million Minds Management Services Limited
Data last updated:
Million Minds Management Services Limited is a public limited company based in Hobli, Karnataka, India. It operates in the facility management segment of the business services sector. It was incorporated on 16 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2007PLC043366. Its GSTIN is 27AACCT7183N1ZO (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2.65 Cr and a paid-up capital of ₹2.64 Cr. It was formerly known as T2P Consultants Limited. It is led by directors including Amit Shankhdhar (Managing Director) and Prem Prakash (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 53 Devarabeesanahalli Village Varthur, Hobli, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹125.11 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹44.61 Lakh (net margin 0.4%) and EBITDA of ₹2.49 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
The company has about 5,294 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Million Riders. As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 2 filed against it; 4 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.56 Cr; the latest was in March 2016. Its 10 peer companies in the Business Services industry (Facility Management Services, HR Outsourcing) are compared by revenue, 5 larger and 5 smaller; the largest is Sams Facilities Management Private Limited with revenue of ₹125.63 Cr.
Million Minds Management Services Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0024078). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website million-minds.com.
Company Details of Million Minds Management Services Limited
CIN U74910KA2007PLC043366
Registration Number 043366
Incorporation Date 16 July 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-29-0024078
Key People
Amit Shankhdhar Managing Director Prem Prakash Whole-Time Director Simy Shankhdhar Director Recognitions & Rankings of Million Minds Management Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressSurvey No. 53 Devarabeesanahalli Village Varthur, Hobli, Karnataka, India – 560037
- IndustryBusiness Services, Facility Management
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Associated Brands with Million Minds Management Services Limited
Million Minds Management Services operates one associated brand: Million Riders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers an on-demand biker delivery marketplace for efficient services. | millionriders.com |
Business Activity of Million Minds Management Services Limited
The main business activity of Million Minds Management Services 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Million Minds Management Services Limited FY 2024 filings available
Million Minds Management Services Limited reported revenue of ₹125.11 Cr (down 14% YoY) for FY 2024.
Revenue · FY 2024
₹125.11 Cr ▼ 14%
Net profit · FY 2024
₹44.61 Lakh margin 0.4%
EBITDA · FY 2024
₹2.49 Cr margin 2%
Compounded Annual Growth Rate (CAGR) of Million Minds Management Services Limited
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 16%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 22%
5 years · compounded
▲ 6%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 22% 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 Million Minds Management Services 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 | ₹2.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.61 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 of Million Minds Management Services Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Million Minds Management Services are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Million Minds Management Services Limited
Million Minds Management Services has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Simy Shankhdhar | Director | 30 Sep 2015 | 11 Years 0 Months | Current |
| Amit Shankhdhar | Managing Director | 16 Jul 2007 | 19 Years 3 Months | Current |
| Prem Prakash | Whole-Time Director | 20 May 2013 | 13 Years 4 Months | Current |
Peer Comparison of Million Minds Management Services Limited
Million Minds Management Services Limited is compared with the companies closest to it by revenue in the Business Services industry (Facility Management Services, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sams Facilities Management Private Limited | ₹125.63 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Agile Security Force & Systems Private Limited | ₹125.6 Cr (FY 2020) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Greenline Dealmark Private Limited | ₹125.45 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Paschim Medinipur, West Bengal, India |
| Sybex Support Services Private Limited | ₹125.32 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Elitefalcons Private Limited | ₹125.14 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Patna, Bihar, India |
| Million Minds Management Services Limited this company | ₹125.11 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Hobli, Karnataka, India |
| Analytix Business Solutions (India) Private Limited | ₹123.59 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Oyster People Services Private Limited | ₹123.37 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Sakthi's Kitchen Private Limited | ₹123.19 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Fire Ball Securitas and Consultants Private Limited | ₹123.02 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| White Crow Research Private Limited | ₹122.9 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Million Minds Management Services by revenue in the Business Services industry (Facility Management Services, HR Outsourcing), 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 Million Minds Management Services Limited
Million Minds Management Services Limited is audited by Rajesh Krishna khanna & associate for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rajesh Krishna khanna & associate | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Million Minds Management Services Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Million Minds Management Services Limited
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2016 | Hdfc Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Million Minds Management Services Limited
Million Minds Management Services Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.56 Cr; the latest was in March 2016.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹2.56 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
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- Investors, buyers and sellers
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Million Minds Management Services Limited
Million Minds Management Services Limited has 10 court cases on record: 3 filed by Million Minds Management Services, 2 filed against it, 5 where it is another party. 4 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
10
Filed by the company
3
Filed against the company
2
Pending
4
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 3 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by RBL Bank Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Private Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Company is another party | Pending |
| Allahabad High Court | Court case (A227) | Filed by the company against State of U.P. and 2 others | Pending |
| District court, Central, Delhi | Court case (L I R) | Company is another party | Pending |
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Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Million Minds Management Services Limited
Million Minds Management Services Limited has a workforce of 5,294 employees as of Apr 05, 2024.
Employee count
5,294
Active EPFO establishments
1
Employee growth
-16.07%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Group Structure of Million Minds Management Services Limited
Million Minds Management Services has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Triple Mmm Logysmart Private Limited | U63030DL2018PTC329013 | Locked |
| Vaidhraj Logistics Private Limited | U74900DL2016PTC292560 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Million Minds Management Services Limited
Million Minds Management Services Limited has 11 board changes on record since 2007: 3 appointments and 8 cessations. The latest: Anshuman Das ceased to be Additional Director on 30 Sep 2015.
AGM
Million Minds Management Services Limited last Annual general meeting of members was held on 27 Nov 2024 as per latest MCA records.
Filing
Million Minds Management Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 2.00 Cr registered on 20 Dec 2016 with Charge ID 100091887 was modified on 31 Dec 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100091887 was registered on 20 Dec 2016.
Ceased
Anshuman Das ceased to be Additional Director.
Ceased
Rishi Das ceased to be Additional Director.
Appointed
Simy Shankhdhar was appointed as Director.
Ceased
Sahil Bansal ceased to be Director.
Ceased
Saugata Mittra ceased to be Director.
Ceased
Amit Shankhdhar ceased to be Director.
Ceased
Prem Prakash ceased to be Additional Director.
Appointed
Prem Prakash was appointed as Whole-Time Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Million Minds Management Services Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Million Minds Management Services Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Million Minds Management Services Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Million Minds Management Services Limited
Million Minds Management Services has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT7183N1ZO | Maharashtra | Active | 01 Sep 2017 |
| 09AACCT7183N1ZM | Uttar Pradesh | Active | 04 Apr 2018 |
| 06AACCT7183N1ZS | Haryana | Active | 16 Jul 2021 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Million Minds Management Services Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Million Minds Management Services Limited
Frequently Asked Questions about Million Minds Management Services Limited
Million Minds Management Services is an active public limited company based in Hobli, Karnataka, India. The company works in facility management, within the business services industry. It was incorporated on 16 July 2007 (19+ years old) and is registered under CIN U74910KA2007PLC043366.
Million Minds Management Services reported revenue of ₹125.11 Cr for FY 2024 (down 14% YoY).
Million Minds Management Services has 3 current directors:
- Amit Shankhdhar - Managing Director
- Prem Prakash - Whole-Time Director
- Simy Shankhdhar - Director
Million Minds Management Services reported a net profit of ₹44.61 Lakh (net margin 0.4%) and EBITDA of ₹2.49 Cr (EBITDA margin 2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Million Minds Management Services is 16% over three years and 9% over five years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Million Minds Management Services is 27AACCT7183N1ZO, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AACCT7183N1ZM (Uttar Pradesh), 06AACCT7183N1ZS (Haryana).
The CIN (Corporate Identification Number) of Million Minds Management Services is U74910KA2007PLC043366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Million Minds Management Services has 10 court cases on record: 3 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Million Minds Management Services was incorporated on 16 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Million Minds Management Services has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.56 Cr; the latest was in March 2016.
The peers of Million Minds Management Services by revenue are Sams Facilities Management Private Limited, Agile Security Force & Systems Private Limited, Greenline Dealmark Private Limited, Sybex Support Services Private Limited, Elitefalcons Private Limited and 5 more, all in the Business Services industry (Facility Management Services, HR Outsourcing).