India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #77 Nirmal Kumar Minda & family ₹38,000 Cr
- #307 Ashok Minda & family ₹12,300 Cr
Revenue · FY 2024
₹42.65 Lakh
▲ 451% YoY
Net profit · FY 2024
₹9.97 Lakh
Net margin 23.4%
EBITDA · FY 2024
₹9.27 Lakh
EBITDA margin 21.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Minda Spectrum Advisory Limited.
Data last updated:
Minda Spectrum Advisory Limited. is a public limited company based in New Delhi, Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 08 May 2009 and has been in existence for over 17 years.
Its director Nirmal Kumar Minda and family are #77 among India's richest people (2026). Its director Ashok Minda and family are #307 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93000DL2009PLC190114.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sudhir Jain and Ashok Minda.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 15 Ashok Vihar Phase – I, New Delhi, Delhi, India – 110052.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.97 Lakh (net margin 23.4%) and EBITDA of ₹9.27 Lakh (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 39% over five years.
Court records list 12 cases involving the company, including 11 filed by the company and 1 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindagroup.com.
Company details
CIN U93000DL2009PLC190114
Registration Number 190114
Incorporation Date 08 May 2009
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Minda Spectrum Advisory Limited
Contact details
Minda Spectrum Advisory Limited.'s registered office is in New Delhi, Delhi. Its website is mindagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 15 Ashok Vihar Phase – I, New Delhi, Delhi, India – 110052
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Minda Spectrum Advisory Limited., buy the company report.
Comprehensive company report
Minda Spectrum Advisory Limited. - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Minda Spectrum Advisory Limited is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Minda Spectrum Advisory Limited., buy the company report.
Financials of Minda Spectrum Advisory Limited.
FY 2025 filings availableMinda Spectrum Advisory Limited. reported revenue of ₹42.65 Lakh (up 451% YoY) for FY 2024.
Revenue · FY 2024
₹42.65 Lakh ▲ 451%
Net profit · FY 2024
₹9.97 Lakh margin 23.4%
EBITDA · FY 2024
₹9.27 Lakh margin 21.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 451%
3 years · compounded
▲ 73%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 125%
3 years · compounded
▲ 63%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 451% growth in the latest year. EBITDA rose 125% 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 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 | ₹9.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.97 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 23.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Minda Spectrum Advisory Limited., buy the company report.
Board of directors of Minda Spectrum Advisory Limited.
Minda Spectrum Advisory Limited has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Jain | Director | 08 May 2009 | 17 Years 5 Months | Current |
| Ashok Minda Also directs: Minda Corporation Limited, Minda Capital Private Limited, Minda Vast Access Systems Private Limited and 3 more | Director | 08 May 2009 | 17 Years 5 Months | Current |
| Aakash Minda Also directs: Minda Corporation Limited, Minda Capital Private Limited, Flash Electronics (India) Private Limited and 4 more | Director | 10 Jun 2014 | 12 Years 4 Months | Current |
| Nirmal Kumar Minda Also directs: Uno Minda Limited, Shreeaumji Infrastructure and Projects Private Limited, Uno Mindarika Private Limited and 2 more | Director | 08 May 2009 | 17 Years 5 Months | Current |
Auditor
Minda Spectrum Advisory Limited. is audited by ASH M & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASH M & ASSOCIATES | FY 2023 | 005790C |
Shareholding
The shareholding of Minda Spectrum Advisory Limited. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minda Spectrum Advisory Limited., buy the company report.
Legal cases
Minda Spectrum Advisory Limited. has 12 court cases on record: 11 filed by Minda Spectrum Advisory Limited, 1 filed against it. 6 cases are pending and 6 are disposed.
Total cases
12
Filed by the company
11
Filed against the company
1
Pending
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 1 | 6 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against Mindra Green Energy LLP & Anr. | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Mindra EV Pvt. Ltd. & Anr. | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against M/S Aditya Minda Industries Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Minda Oils India Pvt Ltd & Ors. | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against GKM Energy Pvt Ltd & Ors. | Disposed |
To see the full case history of Minda Spectrum Advisory Limited., buy the company report.
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
No delayed payments to MSME suppliers are on our record for Minda Spectrum Advisory Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Minda Spectrum Advisory Limited.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Minda Spectrum Advisory Limited. has 7 board changes on record since 2009: 4 appointments and 3 cessations. The latest: Aakash Minda ceased to be Additional Director on 30 Sep 2014.
AGM
Minda Spectrum Advisory Limited. last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Minda Spectrum Advisory Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Aakash Minda ceased to be Additional Director.
Appointed
Aakash Minda was appointed as Director.
Ceased
Kamal Bhatia ceased to be Director.
Ceased
Ashok Sharma ceased to be Director.
Appointed
Ashok Minda was appointed as Director.
Appointed
Nirmal Kumar Minda was appointed as Director.
Appointed
Sudhir Jain was appointed as Director.
Incorporation
08 May 2009
Minda Spectrum Advisory Limited. was registered on 08 May 2009 with Roc Delhi & aged 17 years 5 months as per MCA records.
Frequently asked questions
Minda Spectrum Advisory Limited is an active public limited company based in New Delhi, Delhi, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 08 May 2009 (17+ years old) and is registered under CIN U93000DL2009PLC190114.
Minda Spectrum Advisory Limited has 4 current directors:
- Sudhir Jain - Director
- Ashok Minda - Director
- Aakash Minda - Director
- Nirmal Kumar Minda - Director
The latest financial statements of Minda Spectrum Advisory Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Minda Spectrum Advisory Limited is U93000DL2009PLC190114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minda Spectrum Advisory Limited has 12 court cases on record: 11 filed by the company and 1 filed against it. 6 are pending.
Minda Spectrum Advisory Limited was incorporated on 08 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Aakash Minda ceased to be Additional Director on 30 Sep 2014. Aakash Minda was appointed as Director on 10 Jun 2014. Kamal Bhatia ceased to be Director on 10 Jun 2014. Minda Spectrum Advisory Limited has 7 board changes on record in total.
Minda Spectrum Advisory Limited can be reached through the website mindagroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Minda Spectrum Advisory Limited is at A – 15 Ashok Vihar Phase – I, New Delhi, Delhi, India – 110052.
Minda Spectrum Advisory Limited operates in the business outsourcing industry, in the business and IT consulting segment.