About Minda I Connect Private Limited
Data last updated:
Minda I Connect Private Limited was a private limited company based in Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 30 September 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U35900DL2014PTC272202. Its GSTIN is 06AAJCM4366P1ZT (Haryana). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.34 Cr. It was led by directors including Arun Kumar Arora and Sanjay Jain.
Its last annual general meeting (AGM) was held on 19 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at B – 64/1 Wazirpur Industrial Area, Delhi, India – 110052.
As per the financials filed for FY 2023, the company reported a revenue of ₹58.8 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹2.11 Cr (net margin 3.6%) and EBITDA of ₹3.19 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 35% over five years.
The company had about 4 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Carot. Court records list 2 cases involving the company, including 2 filed by the company. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹8.31 Cr; the latest was in April 2019. Its 10 peer companies in the Information Technology industry (IT Products Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Creative Infotech Solutions Private Limited with revenue of ₹59.94 Cr. The company has 6 MSME Form 1 returns on record between 2018 and 2020, listing 12 overdue payments to 2 micro and small suppliers.
The last known website on record is carot.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressB – 64/1 Wazirpur Industrial Area, Delhi, India – 110052
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Minda I Connect Private Limited
The main business activity of Minda I Connect is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Minda I Connect Private Limited FY 2023 filings available
Minda I Connect Private Limited reported revenue of ₹58.8 Cr (up 78% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Minda I Connect Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 78% growth in the latest year. EBITDA rose 879% 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 Minda I Connect Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹58.8 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.11 Cr | •••• | •••• | •••• | •••• |
| 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 Minda I Connect Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Minda I Connect 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 Minda I Connect Private Limited
Minda I Connect Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Infotech Solutions Private Limited | ₹59.94 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Surat, Gujarat, India |
| Power Technics Infosolutions Private Limited | ₹59.35 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Turbonet Systems Private Limited | ₹58.9 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Thane, Maharashtra, India |
| Symbiotic Automation Systems Private Limited | ₹58.85 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Raj Info Enterprise Private Limited | ₹58.8 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Rajkot, Gujarat, India |
| Minda I Connect Private Limited this company | ₹58.8 Cr (FY 2023) | •••• | •••• | 78.0% | •••• | Delhi, India |
| Aggne Global IT Services Private Limited | ₹58.55 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Excellent Informatic Private Limited | ₹58.32 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Va Infosolutions India Private Limited | ₹58.06 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Fujitsu Solutions India Private Limited | ₹58.03 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| Ajdisti India Private Limited | ₹57.63 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Minda I Connect by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 Minda I Connect Private Limited
Minda I Connect Private Limited is audited by A J H & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A J H & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Minda I Connect Private Limited
Minda I Connect has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Arora | Director | 04 Sep 2021 | 5 Years 1 Months | As last reported |
| Sanjay Jain Also directs: Uno Minda Auto Technologies Private Limited, Uno Minda Auto Innovations Private Limited, Minda Nexgentech Limited and 4 more | Director | 24 May 2018 | 8 Years 4 Months | As last reported |
| Nirmal Kumar Minda Also directs: Uno Minda Limited, Shreeaumji Infrastructure and Projects Private Limited, Uno Mindarika Private Limited and 3 more | Director | 30 Sep 2014 | 12 Years 0 Months | As last reported |
Ownership and Shareholding of Minda I Connect Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Minda I Connect Private Limited
Minda I Connect Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Minda I Connect Private Limited
Minda I Connect Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹8.31 Cr; the latest was in April 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Funding round | ₹8.31 Cr | Investors: Bar Investments Finance Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Minda Investment Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Minda Finance Limited |
| Jan 2015 | Rights issue | ₹3.99 Cr | Investors: Minda Finance Limited , Minda Investment Limited, an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Minda I Connect Private Limited
Minda I Connect Private Limited has 2 court cases on record: 2 filed by Minda I Connect. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Company appeal | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Minda I Connect Private Limited
Minda I Connect Private Limited has 6 MSME Form 1 returns on record between 2018 and 2020, listing 12 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| JBM Auto Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Minda I Connect Private Limited
Minda I Connect Private Limited has a workforce of 4 employees as of Apr 07, 2024.
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.
News related to Minda I Connect Private Limited
Recent Activity on Minda I Connect Private Limited
Minda I Connect Private Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Arun Kumar Arora ceased to be Additional Director on 29 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Minda I Connect 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.
Subsidiaries & Group Companies of Minda I Connect 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 Minda I Connect Private Limited
Minda I Connect has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCM4366P1ZT | Haryana | Active | 01 Jul 2017 |
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 Minda I Connect 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 Minda I Connect Private Limited
Minda I Connect has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Minda I Connect was a private limited company based in Delhi, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 30 September 2014 and is registered under CIN U35900DL2014PTC272202. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Minda I Connect was incorporated on 30 September 2014. It is registered with the Registrar of Companies, Delhi.
Minda I Connect had 3 directors:
- Arun Kumar Arora - Director
- Sanjay Jain - Director
- Nirmal Kumar Minda - Director
The CIN (Corporate Identification Number) of Minda I Connect is U35900DL2014PTC272202. 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 Minda I Connect is at B – 641 Wazirpur Industrial Area, Delhi, India – 110052.
Yes, Minda I Connect is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Minda I Connect can be reached through the website carot.com. Its registered office is in Delhi, India.
Minda I Connect reported revenue of ₹58.8 Cr for FY 2023 (up 78% YoY).
Minda I Connect has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.34 Cr.
Minda I Connect reported a net profit of ₹2.11 Cr (net margin 3.6%) and EBITDA of ₹3.19 Cr (EBITDA margin 5.4%) for FY 2023, as per its filed financial statements.
The GSTIN of Minda I Connect is 06AAJCM4366P1ZT, registered in Haryana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.