India's Richest People 2026 edition · 1 director · Source: Hurun India
- #307 Ashok Minda & family ₹12,300 Cr
Revenue · FY 2025
₹394.8 Cr
▲ 31% YoY
Net profit · FY 2025
₹14 Cr
Net margin 3.5%
EBITDA · FY 2025
₹32.7 Cr
EBITDA margin 8.3%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹42.67 Cr
Issued & subscribed
Open charges
₹58.6 Cr
Satisfied ₹69.69 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
255
Provident fund records
About Minda Vast Access Systems Private Limited
Data last updated:
Minda Vast Access Systems Private Limited is a private limited company based in Delhi, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 03 January 2007 and has been in existence for over 19 years.
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 U34300DL2007PTC157344. Its GSTIN is 06AAECM9265E1ZD (Haryana). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹42.67 Cr. It was formerly known as Minda Locking Systems Private Limited. and Minda Valeo Security Systems Private Limited. It is led by directors including Dharmender Saxena (Managing Director) and Schultheiss Benedikt.
Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 15 Ashok Vihar Phase – 1, Delhi, India – 110052.
As per the financials filed for FY 2025, the company reported a revenue of ₹394.8 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹14 Cr (net margin 3.5%) and EBITDA of ₹32.7 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
The company has about 255 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Spark Minda. As per MCA filings, the company has open charges of ₹58.6 Cr and satisfied charges of ₹69.69 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹45.93 Cr; the latest was in March 2020. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,931 overdue payments to 61 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sparkminda.com.
Company details
CIN U34300DL2007PTC157344
Registration Number 157344
Incorporation Date 03 January 2007
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
Minda Vast Access Systems has undergone 2 name changes throughout its history. The company was previously known as Minda Locking Systems Private Limited., and Minda Valeo Security Systems Private Limited. The current legal name is Minda Vast Access Systems Private Limited.
| Company Name | Status |
|---|---|
| Minda Vast Access Systems Private Limited | Current |
| Minda Locking Systems Private Limited. | Previous |
| Minda Valeo Security Systems Private Limited | Previous |
Key People
Dharmender Saxena Managing Director Schultheiss Benedikt Director Robert Carl Meyer Director Recognitions & Rankings of Minda Vast Access Systems
Contact details
Minda Vast Access Systems Private Limited's registered office is in Delhi, Delhi. Its website is sparkminda.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 15 Ashok Vihar Phase – 1, Delhi, India – 110052
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Minda Vast Access Systems Private Limited, buy the company report.
Comprehensive company report
Minda Vast Access Systems Private 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
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Brands
Minda Vast Access Systems operates one associated brand: Spark Minda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of automotive components | sparkminda.com |
Business activity
The main business activity of Minda Vast Access Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Minda Vast Access Systems Private Limited, buy the company report.
Financials of Minda Vast Access Systems Private Limited
FY 2025 filings availableMinda Vast Access Systems Private Limited reported revenue of ₹394.8 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹394.8 Cr ▲ 31%
Net profit · FY 2025
₹14 Cr margin 3.5%
EBITDA · FY 2025
₹32.7 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 22%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 30%
5 years · compounded
▲ 156%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 31% growth in the latest year. EBITDA rose 107% 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 | ₹32.7 Cr | ||||
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| Net Profit (PAT) | ₹14 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Minda Vast Access Systems Private Limited, buy the company report.
Board of directors of Minda Vast Access Systems Private Limited
Minda Vast Access Systems has 7 current directors and 47 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Schultheiss Benedikt | Director | 21 Sep 2023 | 3 Years 1 Months | Current |
| Dharmender Saxena | Managing Director | 17 Nov 2023 | 2 Years 11 Months | Current |
| Robert Carl Meyer | Director | 14 Jan 2019 | 7 Years 9 Months | Current |
| Ashok Minda Also directs: Minda Corporation Limited, Minda Capital Private Limited, Flash Electronics (India) Private Limited and 3 more | Director | 04 Apr 2013 | 13 Years 6 Months | Current |
| Sumit Doseja | Director | 13 Sep 2024 | 2 Years 1 Months | Current |
| Rainer Goelz | Director | 15 Feb 2023 | 3 Years 8 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Minda Vast Access Systems Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Minda Vast Access Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minda Vast Access Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹58.6 Cr
Satisfied charges
₹69.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101188365 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 01 Jul 2021 | 100462259 | Axis Bank Limited | ₹3 Cr | Open | |
| 29 Sep 2020 | 100380795 | Others | ₹15 Cr | Open | |
| 30 Apr 2019 | 100263601 | Others | ₹5.36 Lakh | Open | |
| 31 Mar 2019 | 100257161 | Others | ₹5.94 Lakh | Open |
To see the full charge records of Minda Vast Access Systems Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Minda Vast Access Systems Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹45.93 Cr; the latest was in March 2020.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹45.93 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Vehicle Access Systems Technology LLC Seller: an individual |
| Mar 2012 | Funding round | ₹17 Cr | Investors: Minda Capital Private Limited , an individual |
| Jun 2010 | Funding round | ₹7.2 Cr | Investors: Minda Capital Private Limited , an individual |
| May 2007 | Funding round | ₹21.73 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Minda Vast Access Systems Private Limited has 15 court cases on record: 10 filed by Minda Vast Access Systems, 5 filed against it. 1 case is pending and 14 are disposed.
Total cases
15
Filed by the company
10
Filed against the company
5
Pending
1
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 5 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Action Express Pvt Ltd Through Afrid Gani Shaikh | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Rainbow Garnishers Pvt.Ltd, Through Nilesh Vilas Vaidya | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Ventec Logistics India Private Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S. Ventec Logistics India Private Limited | Disposed |
| High Court, TAMIL NADU | Court case (AS) | Filed by the company against M/S. Ventec Logistics India Private Limited | Disposed |
To see the full case history of Minda Vast Access Systems Private 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.
Credit ratings & regulatory alerts
Minda Vast Access Systems Private Limited was last rated by Crisil on 28 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Jan 2020 |
To see the full credit ratings and regulatory alerts of Minda Vast Access Systems Private Limited, buy the company report.
MSME payment delays
Minda Vast Access Systems Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,931 overdue payments to 61 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 (5 of 61)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KS Precision Components Private Limited | |||
| Ideal Industries | |||
| an individual supplier | |||
| Arasna Industries | |||
| an individual supplier |
To see the full MSME payment records of Minda Vast Access Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Minda Vast Access Systems Private Limited has a workforce of 255 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
255
Active EPFO establishments
2
Employee growth
-1.54%
GST
Minda Vast Access Systems has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
5
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECM9265E1ZD | Haryana | Active | 01 Jul 2017 |
| 27AAECM9265E1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 29AAECM9265E1Z5 | Karnataka | Active | 01 Mar 2022 |
| 33AAECM9265E1ZG | Tamil Nadu | Active | 15 Mar 2022 |
To see the full GST registrations and return filing status of Minda Vast Access Systems Private Limited, buy the company report.
Recent activity
Minda Vast Access Systems Private Limited has 48 board changes on record since 2007: 7 appointments and 41 cessations. The latest: Tobias Sprute was appointed as Additional Director on 18 Nov 2025.
Appointed
Tobias Sprute was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 101188365 was registered on 31 Oct 2025.
AGM
Minda Vast Access Systems Private Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records.
Ceased
Sumit Doseja ceased to be Additional Director.
Filing
Minda Vast Access Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Sumit Doseja was appointed as Director.
Ceased
Dharmender Saxena ceased to be Additional Director.
Appointed
Dharmender Saxena was appointed as Managing Director.
Appointed
Schultheiss Benedikt was appointed as Director.
Ceased
Rainer Goelz ceased to be Additional Director.
Appointed
Rainer Goelz was appointed as Director.
Ceased
Anja Wetzel ceased to be Additional Director.
72 earlier events are in the company report.
News
Frequently asked questions
Minda Vast Access Systems is an active private limited company based in Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 03 January 2007 (19+ years old) and is registered under CIN U34300DL2007PTC157344.
Minda Vast Access Systems has 7 current directors:
- Dharmender Saxena - Managing Director
- Schultheiss Benedikt - Director
- Robert Carl Meyer - Director
- Ashok Minda - Director
- Sumit Doseja - Director
- Rainer Goelz - Director
- Tobias Sprute - Additional Director
The latest financial statements of Minda Vast Access Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Minda Vast Access Systems is 06AAECM9265E1ZD, registered in Haryana. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAECM9265E1Z9 (Maharashtra), 29AAECM9265E1Z5 (Karnataka), 33AAECM9265E1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Minda Vast Access Systems is U34300DL2007PTC157344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minda Vast Access Systems has 15 court cases on record: 10 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Minda Vast Access Systems was incorporated on 03 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Minda Vast Access Systems has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹45.93 Cr; the latest was in March 2020.
Tobias Sprute was appointed as Additional Director on 18 Nov 2025. Sumit Doseja ceased to be Additional Director on 21 Aug 2025. Sumit Doseja was appointed as Director on 13 Sep 2024. Minda Vast Access Systems has 48 board changes on record in total.
Minda Vast Access Systems has 14 MSME Form 1 returns on record between 2019 and 2024, listing 2,931 overdue payments to 61 micro and small suppliers. The latest return was filed on 01 May 2024.
Minda Vast Access Systems can be reached through the website sparkminda.com. Its registered office is in Delhi, India.