About Mind Select Consultants Private Limited
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Mind Select Consultants Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 23 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17149KA1994PTC015410. Its GSTIN is 29AAECM4435E1ZJ (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.33 Lakh. It is led by directors including Deepa Murthy (Whole-Time Director) and Sheaker Ramarao.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 36 10th Cross II Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹1.3 Lakh (net margin -1.1%) and EBITDA of -₹27.64 Lakh (EBITDA margin -23.9%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 11% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45.9 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindgroupsolutions.com.
Company details
CIN history
Mind Select Consultants has one previous CIN (Corporate Identification Number): U74140KA1994PTC015410. The current CIN is U17149KA1994PTC015410, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17149KA1994PTC015410 | Current |
| U74140KA1994PTC015410 | Previous |
Contact details
Mind Select Consultants Private Limited's registered office is in Bangalore, Karnataka. Its website is mindgroupsolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo 36 10th Cross II Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Mind Select Consultants 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 activity of Mind Select Consultants is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Mind Select Consultants Private Limited, buy the company report.
Financials of Mind Select Consultants Private Limited
FY 2025 filings availableMind Select Consultants Private Limited reported revenue of ₹1.16 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 19% fall in the latest year. EBITDA rose 14% 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 | -₹27.64 Lakh | ||||
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| Net Profit (PAT) | -₹1.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -23.9% | ||||
| Net Profit Margin | -1.1% | ||||
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To see the full financial statements and ratios of Mind Select Consultants Private Limited, buy the company report.
Board of directors of Mind Select Consultants Private Limited
Mind Select Consultants has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Murthy | Whole-Time Director | 14 Jun 2010 | 16 Years 4 Months | Current |
| Sheaker Ramarao Also directs: Openmind Infotech Solutions Private Limited, Digileum Technologies Private Limited, Openmind Consultants Private Limited and 5 more | Director | 23 Mar 1994 | 32 Years 7 Months | Current |
| Chandrika Sheaker Also directs: Openmind Infotech Solutions Private Limited, Digileum Technologies Private Limited, Openmind Consultants Private Limited and 1 more | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
Auditor
Mind Select Consultants Private Limited is audited by P VENKOBI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P VENKOBI & ASSOCIATES | FY 2019 | 009159S |
Shareholding
The shareholding of Mind Select Consultants Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mind Select Consultants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2018 | 100218512 | Others | ₹45.9 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mind Select Consultants 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
No delayed payments to MSME suppliers are on our record for Mind Select Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mind Select Consultants Private Limited has a workforce of 15 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Mind Select Consultants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM4435E1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mind Select Consultants Private Limited, buy the company report.
Recent activity
Mind Select Consultants Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Ajjikutira Jansi Uthaiah ceased to be Whole-Time Director on 08 Apr 2013.
Frequently asked questions
Mind Select Consultants is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 23 March 1994 (32+ years old) and is registered under CIN U17149KA1994PTC015410.
Mind Select Consultants has 3 current directors:
- Deepa Murthy - Whole-Time Director
- Sheaker Ramarao - Director
- Chandrika Sheaker - Director
The latest financial statements of Mind Select Consultants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mind Select Consultants is 29AAECM4435E1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Mind Select Consultants is U17149KA1994PTC015410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mind Select Consultants was incorporated on 23 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Ajjikutira Jansi Uthaiah ceased to be Whole-Time Director on 08 Apr 2013. Deepa Murthy was appointed as Whole-Time Director on 14 Jun 2010. Chandrika Sheaker was appointed as Director on 29 Sep 2006. Mind Select Consultants has 4 board changes on record in total.
Mind Select Consultants can be reached through the website mindgroupsolutions.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mind Select Consultants is at No 36 10th Cross II Block Jayanagar, Bangalore, Karnataka, India – 560011.
Mind Select Consultants operates in the business outsourcing industry, in the HR outsourcing and talent management segment.