MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0028526
Mindfin Ser Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.25 Cr
▼ 3% YoY
Net profit · FY 2025
₹10.68 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹26.21 Lakh
EBITDA margin 3.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Satisfied charges
₹12 Lakh
No open charges
Company age
9 yrs
Est. 2017
Employees · EPFO
7
Provident fund records
About Mindfin Ser Private Limited
Data last updated:
Mindfin Ser Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 06 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102006. Its GSTIN is 29AAKCM9758J1ZI (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Venkatesh Ramaiah (Managing Director) and Avearagere Deepak Ramaiah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 10 1st Floor 1st Main Road Krishna Block Seshadripuram, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.25 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹10.68 Lakh (net margin 1.3%) and EBITDA of ₹26.21 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 37% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mindfin. As per MCA filings, the company has satisfied charges of ₹12 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company.
Mindfin Ser Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0028526). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindfin.co.in.
Company details
CIN U74999KA2017PTC102006
Registration Number 102006
Incorporation Date 06 April 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0028526
Recognitions & Rankings of Mindfin Ser
Contact details
Mindfin Ser Private Limited's registered office is in Bangalore, Karnataka. Its website is mindfin.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 10 1st Floor 1st Main Road Krishna Block Seshadripuram, Bangalore, Karnataka, India – 560020
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Mindfin Ser Private Limited, buy the company report.
Comprehensive company report
Mindfin Ser 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
Mindfin Ser operates one associated brand: Mindfin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services including loans for businesses and individuals in Bangalore. | mindfin.co.in |
Business activity
The main business activity of Mindfin Ser is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Mindfin Ser Private Limited, buy the company report.
Financials of Mindfin Ser Private Limited
FY 2025 filings availableMindfin Ser Private Limited reported revenue of ₹8.25 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹8.25 Cr ▼ 3%
Net profit · FY 2025
₹10.68 Lakh margin 1.3%
EBITDA · FY 2025
₹26.21 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 38%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 18%
5 years · compounded
▲ 2%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 77% 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 |
|---|---|---|---|---|---|
| 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 | ₹26.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.68 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Mindfin Ser Private Limited, buy the company report.
Board of directors of Mindfin Ser Private Limited
Mindfin Ser 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 |
|---|---|---|---|---|
| Avearagere Deepak Ramaiah | Director | 06 Apr 2017 | 9 Years 7 Months | Current |
| Ramaiah | Director | 01 Mar 2022 | 4 Years 8 Months | Current |
| Thimmakka | Director | 01 Mar 2022 | 4 Years 8 Months | Current |
| Venkatesh Ramaiah | Managing Director | 06 Apr 2017 | 9 Years 7 Months | Current |
Auditor
Mindfin Ser Private Limited is audited by Muthu & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Muthu & Co. | FY 2023 | 0002237S |
Shareholding
The shareholding of Mindfin Ser 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 Mindfin Ser Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹12 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2020 | 100338241 | Others | ₹12 Lakh | Satisfied |
To see the full charge records of Mindfin Ser Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mindfin Ser Private Limited has 4 court cases on record: 4 filed by Mindfin Ser. All cases are disposed.
Total cases
4
Filed by the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Mindfin Ser 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mindfin Ser Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mindfin Ser Private Limited has a workforce of 7 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-30%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 7 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Mindfin Ser Private Limited, buy the company report.
GST
Mindfin Ser has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM9758J1ZI | Karnataka | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Mindfin Ser Private Limited, buy the company report.
Recent activity
Mindfin Ser Private Limited has 7 board changes on record since 2017: 4 appointments and 3 cessations. The latest: Venkatesh Ramaiah ceased to be Director on 16 Apr 2025.
AGM
Mindfin Ser Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Venkatesh Ramaiah ceased to be Director.
Filing
Mindfin Ser Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ramaiah ceased to be Director.
Ceased
Thimmakka ceased to be Director.
Charges
A charge registered on 03 Mar 2020 via Charge ID 100338241 with Others was fully satisfied on 01 Jun 2023.
Appointed
Ramaiah was appointed as Director.
Appointed
Thimmakka was appointed as Director.
Charges
A charge with Others amounted to Rs. 12.00 Lakh with Charge ID 100338241 was registered on 03 Mar 2020.
Appointed
Avearagere Deepak Ramaiah was appointed as Director.
Appointed
Venkatesh Ramaiah was appointed as Managing Director.
Incorporation
06 Apr 2017
Mindfin Ser Private Limited was registered on 06 Apr 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.
Frequently asked questions
Mindfin Ser is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 06 April 2017 (9+ years old) and is registered under CIN U74999KA2017PTC102006.
Mindfin Ser has 4 current directors:
- Venkatesh Ramaiah - Managing Director
- Avearagere Deepak Ramaiah - Director
- Ramaiah - Director
- Thimmakka - Director
The latest financial statements of Mindfin Ser on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Mindfin Ser is 29AAKCM9758J1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Mindfin Ser is U74999KA2017PTC102006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindfin Ser has 4 court cases on record: 4 filed by the company.
Mindfin Ser was incorporated on 06 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Venkatesh Ramaiah ceased to be Director on 16 Apr 2025. Ramaiah ceased to be Director on 24 Jan 2025. Thimmakka ceased to be Director on 24 Jan 2025. Mindfin Ser has 7 board changes on record in total.
Yes, Mindfin Ser is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0028526).
Mindfin Ser can be reached through the website mindfin.co.in. Its registered office is in Bangalore, Karnataka, India.
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