
About Mind Waveai Solutions Private Limited
Data last updated:
Mind Waveai Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 18 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2020PTC147008.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nagadarshan Velagaleti and Prasad Venkatadurga Vangavolu.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sy. No – 68 F No. 201 Allwyn Colony Miyapur, Hyderabad, Telangana, India – 500050.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.18 Cr. For the same year it recorded a net profit of ₹9.75 Lakh (net margin 3.1%) and EBITDA of ₹11.2 Lakh (EBITDA margin 3.5%).
The company has about 44 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website mindwavesolutions.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressSy. No – 68 F No. 201 Allwyn Colony Miyapur, Hyderabad, Telangana, India – 500050
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Waveai Solutions Private Limited
The main business activity of Mind Waveai Solutions 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 Waveai Solutions Private Limited FY 2022 filings available
Mind Waveai Solutions Private Limited reported revenue of ₹3.18 Cr for FY 2022.
Financial Statement Summary of Mind Waveai Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 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 | ₹11.2 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹9.75 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 Waveai Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.5% | •••• |
| 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 Waveai Solutions are in the company report.
Financial statements from FY 2021
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 Waveai Solutions Private Limited
Mind Waveai Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (AI Solutions, Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adet Private Limited | ₹3.26 Cr (FY 2024) | •••• | •••• | 2902.0% | •••• | Chennai, Tamil Nadu, India |
| GH Cranes India Private Limited | ₹3.23 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Pune, Maharashtra, India |
| Orange Automation and AI Solutions Private Limited | ₹3.23 Cr (FY 2024) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Nexol Engineers Private Limited | ₹3.22 Cr (FY 2024) | •••• | •••• | 109.0% | •••• | Jaipur, Rajasthan, India |
| Great Himalaya Elevator and Escalator Private Limited | ₹3.18 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Mind Waveai Solutions Private Limited this company | ₹3.18 Cr (FY 2022) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Inviz AI Solutions Private Limited | ₹3.16 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | New Delhi, Delhi, India |
| Sumanglam Equipments Private Limited | ₹3.16 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Chitranjan Park, Delhi, India |
| Aline Conveyors Private Limited | ₹3.13 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Paree Crane India Private Limited | ₹3.09 Cr (FY 2022) | •••• | •••• | 195.0% | •••• | Faridabad, Haryana, India |
| Stacklift Equipments Private Limited | ₹3.06 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mind Waveai Solutions by revenue in the Machinery and Equipment industry (AI Solutions, Material Handling Equipment), 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 Waveai Solutions Private Limited
Mind Waveai Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagadarshan Velagaleti | Director | 18 Dec 2020 | 5 Years 9 Months | Current |
| Prasad Venkatadurga Vangavolu Also directs: Ez Innovation Solutions Private Limited | Director | 18 Dec 2020 | 5 Years 9 Months | Current |
Charges & Borrowings of Mind Waveai Solutions Private Limited
Mind Waveai Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mind Waveai Solutions Private Limited
Employment history and EPFO contributions of people linked to Mind Waveai Solutions.
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 Waveai Solutions Private Limited
Mind Waveai Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Nagadarshan Velagaleti was appointed as Director on 18 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Mind Waveai Solutions 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 Waveai Solutions 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 Waveai Solutions 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 Waveai Solutions Private Limited
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 Waveai Solutions 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 Waveai Solutions Private Limited
Mind Waveai Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 18 December 2020 (6+ years old) and is registered under CIN U72900TG2020PTC147008.
Mind Waveai Solutions reported revenue of ₹3.18 Cr for FY 2022.
Mind Waveai Solutions has 2 current directors:
- Nagadarshan Velagaleti - Director
- Prasad Venkatadurga Vangavolu - Director
Mind Waveai Solutions reported a net profit of ₹9.75 Lakh (net margin 3.1%) and EBITDA of ₹11.2 Lakh (EBITDA margin 3.5%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Mind Waveai Solutions is U72900TG2020PTC147008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mind Waveai Solutions was incorporated on 18 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Mind Waveai Solutions by revenue are Adet Private Limited, GH Cranes India Private Limited, Orange Automation and AI Solutions Private Limited, Nexol Engineers Private Limited, Great Himalaya Elevator and Escalator Private Limited and 5 more, all in the Machinery and Equipment industry (AI Solutions, Material Handling Equipment).
Nagadarshan Velagaleti was appointed as Director on 18 Dec 2020. Prasad Venkatadurga Vangavolu was appointed as Director on 18 Dec 2020.
Mind Waveai Solutions can be reached through the website mindwavesolutions.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Mind Waveai Solutions is at Sy. No – 68 F No. 201 Allwyn Colony Miyapur, Hyderabad, Telangana, India – 500050.
Mind Waveai Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.