About Minda Telematics and Electric Mobility Solutions Private Limited
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Minda Telematics and Electric Mobility Solutions Private Limited was a private limited company based in Bangalore, Karnataka, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 January 2004.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2004PTC033241. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹72.69 Lakh. It was led by directors including Vaidyanathan Krishnamurthy (Whole-Time Director) and Narender Kumar Taneja.
Its last annual general meeting (AGM) was held on 30 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No. 18 Sy No. 43 Electronic City 2nd Phase Hosur Road, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.56 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr (net margin -55.3%) and EBITDA of -₹1.1 Cr (EBITDA margin -43.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company had about 26 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: EI Labs India Pvt Ltd.. As per MCA filings, the company had satisfied charges of ₹80 Lakh on record. The company has 1 deal on record (1 acquisition); the latest was in September 2017. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 2 smaller; the largest is Queppelin Technology Solutions Private Limited with revenue of ₹2.57 Cr.
The last known website on record is eilabs.com.
Company details
Contact details
Minda Telematics and Electric Mobility Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is eilabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 18 Sy No. 43 Electronic City 2nd Phase Hosur Road, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Minda Telematics and Electric Mobility Solutions 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
Brands
Minda Telematics and Electric Mobility Solutions operates one associated brand: EI Labs India Pvt Ltd.. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of industrial and custom software, providing engineering and data analysis services | eilabs.com |
Business activity
The main business activity of Minda Telematics and Electric Mobility Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Minda Telematics and Electric Mobility Solutions Private Limited, buy the company report.
Financials of Minda Telematics and Electric Mobility Solutions Private Limited
FY 2018 filings availableMinda Telematics and Electric Mobility Solutions Private Limited reported revenue of ₹2.56 Cr (down 7% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 548% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.1 Cr | |||
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| Net Profit (PAT) | -₹1.42 Cr | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -43.1% | |||
| Net Profit Margin | -55.3% | |||
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To see the full financial statements and ratios of Minda Telematics and Electric Mobility Solutions Private Limited, buy the company report.
Board of directors of Minda Telematics and Electric Mobility Solutions Private Limited
Minda Telematics and Electric Mobility Solutions has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaidyanathan Krishnamurthy | Whole-Time Director | 23 Jan 2004 | 22 Years 9 Months | As last reported |
| Narender Kumar Taneja Also directs: Spark Minda -Toyodenso India Private Limited | Director | 01 Sep 2017 | 9 Years 1 Months | As last reported |
| Suresh Dorai Nadar Also directs: Spark Minda Green Mobility Systems Private Limited | Director | 01 Sep 2017 | 9 Years 1 Months | As last reported |
| Sanjeev Saxena Also directs: True Potential Enhancers Private Limited | Director | 01 Sep 2017 | 9 Years 1 Months | As last reported |
Peer comparison
Minda Telematics and Electric Mobility Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Queppelin Technology Solutions Private Limited | ₹2.57 Cr (FY 2024) | -42.0% | Jaipur, Rajasthan, India | |||
| Minda Telematics and Electric Mobility Solutions Private Limitedthis company | ₹2.56 Cr (FY 2018) | -₹1.42 Cr | -55.3% | -7.0% | 26 | Bangalore, Karnataka, India |
| Sumangal Software Private Limited | ₹2.55 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Zoroim Ipsystems Private Limited | ₹2.55 Cr (FY 2024) | 14.0% | Bhavnagar, Gujarat, India |
To see the full peer comparison of Minda Telematics and Electric Mobility Solutions Private Limited, buy the company report.
Auditor
Minda Telematics and Electric Mobility Solutions Private Limited is audited by Manish S & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manish S & Co | FY 2017 | 015475S |
Shareholding
The shareholding of Minda Telematics and Electric Mobility Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Minda Telematics and Electric Mobility Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2007 | 10046430 | State Bank of India | ₹80 Lakh | Satisfied |
To see the full charge records of Minda Telematics and Electric Mobility Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Minda Telematics and Electric Mobility Solutions Private Limited has 1 deal on record (1 acquisition); the latest was in September 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Acquisition | ₹6.53 Cr | Buyer: Minda Sai Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Minda Telematics and Electric Mobility Solutions 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 Minda Telematics and Electric Mobility Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minda Telematics and Electric Mobility Solutions Private Limited has a workforce of 26 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Minda Telematics and Electric Mobility Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Minda Telematics and Electric Mobility Solutions Private Limited, buy the company report.
Recent activity
Minda Telematics and Electric Mobility Solutions Private Limited has 10 board changes on record since 2004: 4 appointments and 6 cessations. The latest: Narender Kumar Taneja ceased to be Additional Director on 30 Jul 2018.
4 earlier events are in the company report.
Frequently asked questions
Minda Telematics and Electric Mobility Solutions 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 Telematics and Electric Mobility Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 23 January 2004 and is registered under CIN U73100KA2004PTC033241. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Minda Telematics and Electric Mobility Solutions was incorporated on 23 January 2004. It is registered with the Registrar of Companies, Bangalore.
Minda Telematics and Electric Mobility Solutions had 4 directors:
- Vaidyanathan Krishnamurthy - Whole-Time Director
- Narender Kumar Taneja - Director
- Suresh Dorai Nadar - Director
- Sanjeev Saxena - Director
The CIN (Corporate Identification Number) of Minda Telematics and Electric Mobility Solutions is U73100KA2004PTC033241. 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 Telematics and Electric Mobility Solutions is at Plot No. 18 Sy No. 43 Electronic City 2nd Phase Hosur Road, Bangalore, Karnataka, India – 560100.
Minda Telematics and Electric Mobility Solutions can be reached through the website eilabs.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Minda Telematics and Electric Mobility Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 July 2018. Year-wise statements from 2015 are in the company report.
No. Minda Telematics and Electric Mobility Solutions has 1 GST registration on record and it is cancelled or inactive.
Minda Telematics and Electric Mobility Solutions operated in the information technology industry, in the application development and software solutions segment.
Minda Telematics and Electric Mobility Solutions has 1 deal on record (1 acquisition); the latest was in September 2017.