Mind Drop Technology Consultants Private Limited
About Mind Drop Technology Consultants Private Limited
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Mind Drop Technology Consultants Private Limited was a private limited company based in Bangalore, Karnataka, India. 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 11 August 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC075759. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kumaran Yelumalai and Prakash Gopal.
Its last annual general meeting (AGM) was held on 03 June 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2016, the company reported a revenue of ₹47.61 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹1.47 Lakh (net margin 3.1%) and EBITDA of ₹2.64 Lakh (EBITDA margin 5.6%).
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- Registered AddressNo.103 Santosh Apartments 4th Cross Munithayappa Layout Lingaraj, Apuram, Bangalore, Karnataka, India – 560084
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 Mind Drop Technology Consultants Private Limited
The main business activity of Mind Drop Technology Consultants is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Mind Drop Technology Consultants Private Limited FY 2016 filings available
Mind Drop Technology Consultants Private Limited reported revenue of ₹47.61 Lakh (down 52% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Mind Drop Technology Consultants Private Limited
Revenue fell 52% in the latest year. EBITDA fell 46% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mind Drop Technology Consultants Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹2.64 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹1.47 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 Mind Drop Technology Consultants Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.6% | •••• |
| Net Profit Margin | 3.1% | •••• |
| 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 Mind Drop Technology Consultants 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.
Peer Comparison of Mind Drop Technology Consultants Private Limited
Mind Drop Technology Consultants Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unosis IT Solutions Private Limited | ₹47.64 Lakh (FY 2024) | •••• | •••• | 7909.0% | •••• | Srinagar, Jammu and Kashmir, India |
| Inwinteck Private Limited | ₹47.63 Lakh (FY 2021) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Udvavisk Technologies Private Limited | ₹47.63 Lakh (FY 2024) | •••• | •••• | -35.0% | •••• | Chennai, Tamil Nadu, India |
| Kavro Technologies Private Limited | ₹47.63 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | Chennai, Tamil Nadu, India |
| Mind Info Services Private Limited | ₹47.62 Lakh (FY 2023) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Mind Drop Technology Consultants Private Limited this company | ₹47.61 Lakh (FY 2016) | •••• | •••• | -52.0% | •••• | Bangalore, Karnataka, India |
| Strategic Solutions Private Limited | ₹47.59 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Destinycloud Solutions (OPC) Private Limited | ₹47.57 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | Chennai, Tamil Nadu, India |
| Infofeat Technologies Private Limited | ₹47.56 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | Indore, Madhya Pradesh, India |
| Vergefox Private Limited | ₹47.54 Lakh (FY 2021) | •••• | •••• | 158.0% | •••• | Hyderabad, Telangana, India |
| Plowns India Private Limited | ₹47.54 Lakh (FY 2024) | •••• | •••• | 125.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mind Drop Technology Consultants by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Mind Drop Technology Consultants Private Limited
Mind Drop Technology Consultants has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumaran Yelumalai | Director | 11 Aug 2014 | 12 Years 1 Months | As last reported |
| Prakash Gopal | Additional Director | 01 Sep 2017 | 9 Years 1 Months | As last reported |
Charges & Borrowings of Mind Drop Technology Consultants Private Limited
Mind Drop Technology Consultants Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mind Drop Technology Consultants Private Limited
Employment history and EPFO contributions of people linked to Mind Drop Technology Consultants.
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 Mind Drop Technology Consultants Private Limited
Mind Drop Technology Consultants Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Navin Dsalis ceased to be Managing Director on 01 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Mind Drop Technology Consultants 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 Mind Drop Technology Consultants 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 Mind Drop Technology Consultants 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 Mind Drop Technology Consultants Private Limited
Mind Drop Technology Consultants 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 Mind Drop Technology Consultants 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 Mind Drop Technology Consultants Private Limited
Mind Drop Technology Consultants 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.
Mind Drop Technology Consultants 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 11 August 2014 and is registered under CIN U72200KA2014PTC075759. The company has been struck off by the Registrar of Companies and is no longer operational.
Mind Drop Technology Consultants had 2 directors:
- Kumaran Yelumalai - Director
- Prakash Gopal - Additional Director
The CIN (Corporate Identification Number) of Mind Drop Technology Consultants is U72200KA2014PTC075759. 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 Mind Drop Technology Consultants is at No.103 Santosh Apartments 4th Cross Munithayappa Layout Lingaraj, Apuram, Bangalore, Karnataka, India – 560084.
Mind Drop Technology Consultants was incorporated on 11 August 2014. It is registered with the Registrar of Companies, Bangalore.
Mind Drop Technology Consultants reported revenue of ₹47.61 Lakh for FY 2016 (down 52% YoY).
Mind Drop Technology Consultants has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Mind Drop Technology Consultants reported a net profit of ₹1.47 Lakh (net margin 3.1%) and EBITDA of ₹2.64 Lakh (EBITDA margin 5.6%) for FY 2016, as per its filed financial statements.
No. Mind Drop Technology Consultants has 1 GST registration on record and it is cancelled or inactive.
Mind Drop Technology Consultants operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.