MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-28-0008351
Mindforce Research Private Limited - travel and hospitality in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹48.23 Cr
▼ 8% YoY
Net profit · FY 2023
₹1.34 Cr
Net margin 2.8%
EBITDA · FY 2023
₹2.37 Cr
EBITDA margin 4.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Open charges
₹2.4 Cr
Satisfied ₹44.4 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
101
Provident fund records
About Mindforce Research Private Limited
Data last updated:
Mindforce Research Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 30 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74140UP2012PTC206963. Its GSTIN is 09AAICM2913M1Z5 (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It was formerly known as Mindforce Research and Hiring Solutions Private Limited. It is led by directors including Anupam Srivastav and Shivendra Pratap Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 135, Noida, Uttar Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹48.23 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 2.8%) and EBITDA of ₹2.37 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mindforce Research. As per MCA filings, the company has open charges of ₹2.4 Cr and satisfied charges of ₹44.4 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Mindforce Research Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0008351). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindforceresearch.com.
Company Details of Mindforce Research Private Limited
CIN U74140UP2012PTC206963
Registration Number 206963
Incorporation Date 30 November 2012
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0008351
CIN History of Mindforce Research Private Limited
Mindforce Research has one previous CIN (Corporate Identification Number): U74140DL2012PTC245471. The current CIN is U74140UP2012PTC206963, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140UP2012PTC206963 | Current |
| U74140DL2012PTC245471 | Previous |
Recognitions & Rankings of Mindforce Research
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressUnit No. 1501 To 1525 Tower – 5, Plot No – 22 Assotech Business Cresterra Sector 135, Noida, Uttar Pradesh, India – 201301
- IndustryTravel and Hospitality, Consumer Professional Services
Comprehensive company report
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Associated Brands with Mindforce Research Private Limited
Mindforce Research operates one associated brand: Mindforce Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers primary research, data collection, and analytics for businesses worldwide. | mindforceresearch.com |
Business Activity of Mindforce Research Private Limited
The main business activity of Mindforce Research is professional, scientific and technical. In detail, this covers advertising and market research.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | Locked |
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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 Mindforce Research Private Limited FY 2024 filings available
Mindforce Research Private Limited reported revenue of ₹48.23 Cr (down 8% YoY) for FY 2023.
Revenue · FY 2023
₹48.23 Cr ▼ 8%
Net profit · FY 2023
₹1.34 Cr margin 2.8%
EBITDA · FY 2023
₹2.37 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR) of Mindforce Research Private Limited
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 16%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 4%
5 years · compounded
▼ 4%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 17% 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 Mindforce Research 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹48.23 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.34 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 Mindforce Research Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Mindforce Research are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Mindforce Research Private Limited
Mindforce Research has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupam Srivastav | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Shivendra Pratap Singh Also directs: Darius Logistic Park Private Limited | Director | 28 Jan 2014 | 12 Years 8 Months | Current |
| Shubhender Sharma | Director | 30 Nov 2012 | 13 Years 10 Months | Current |
Peer Comparison of Mindforce Research Private Limited
Mindforce Research Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Green Design and Engineering Services Private Limited | ₹51.56 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Surat, Gujarat, India |
| Pieriandx India Private Limited | ₹51.52 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Pune, Maharashtra, India |
| Qarmatek Services Private Limited | ₹51.49 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Ahmedabad, Gujarat, India |
| Secur Credentials Limited Listed | ₹51.35 Cr (FY 2023) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Space Labs Global Private Limited | ₹51.35 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Hyderabad, Telangana, India |
| LRN Technology and Content Solutions (India) Private Limited | ₹50.99 Cr (FY 2022) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Flying Pigs Production Private Limited | ₹50.98 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Capricorn Identity Services Private Limited | ₹50.68 Cr (FY 2025) | •••• | •••• | 129.0% | •••• | Delhi, India |
| Truboard Private Limited | ₹50.6 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Thane, Maharashtra, India |
| Waidhan Engineering & Industries Pvt Ltd | ₹50.57 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Waidhan, Madhya Pradesh, India |
| Mindforce Research Private Limited this company | ₹48.23 Cr (FY 2023) | •••• | •••• | -8.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mindforce Research by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Mindforce Research Private Limited
Open charges
₹2.4 Cr
Satisfied charges
₹44.4 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2023 | Others | ₹42 Lakh | Open |
| 29 Mar 2023 | Others | ₹50 Lakh | Open |
| 04 Jun 2022 | Axis Bank Limited | ₹90 Lakh | Open |
| 25 Feb 2022 | Hdfc Bank Limited | ₹58 Lakh | Open |
| 24 May 2019 | Axis Bank Limited | ₹44.4 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Mindforce Research Private Limited
Mindforce Research Private Limited has 2 court cases on record: 2 filed by Mindforce Research. 1 case is pending and 1 is disposed. Status as checked on 21 Sep 2026.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Additional Commissioner, CGST, Delhi West & Anr | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner Range-135, CGST Delhi West | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Mindforce Research Private Limited
Employment history and EPFO contributions of people linked to Mindforce Research.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Mindforce Research Private Limited
Mindforce Research Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Anupam Srivastav was appointed as Director on 14 Aug 2019.
AGM
Mindforce Research Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mindforce Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 42.00 Lakh with Charge ID 100772700 was registered on 22 Aug 2023.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100724127 was registered on 29 Mar 2023.
Charges
A charge registered on 24 May 2019 via Charge ID 100278598 with Axis Bank Limited was fully satisfied on 16 Jun 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 100873837 was registered on 04 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 58.00 Lakh with Charge ID 100559415 was registered on 25 Feb 2022.
Appointed
Anupam Srivastav was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 44.40 Lakh with Charge ID 100278598 was registered on 24 May 2019.
Ceased
Narasimhan Rohit ceased to be Director.
Appointed
Shivendra Pratap Singh was appointed as Director.
Appointed
Shubhender Sharma was appointed as Director.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mindforce Research Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Mindforce Research Private Limited
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Subsidiaries & Group Companies of Mindforce Research Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Mindforce Research Private Limited
Mindforce Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICM2913M1Z5 | Uttar Pradesh | Active | 01 Jan 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Mindforce Research Private Limited
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Frequently Asked Questions about Mindforce Research Private Limited
Mindforce Research is an active private limited company based in Noida, Uttar Pradesh, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 30 November 2012 (14+ years old) and is registered under CIN U74140UP2012PTC206963.
Mindforce Research reported revenue of ₹48.23 Cr for FY 2023 (down 8% YoY).
Mindforce Research has 3 current directors:
- Anupam Srivastav - Director
- Shivendra Pratap Singh - Director
- Shubhender Sharma - Director
Mindforce Research reported a net profit of ₹1.34 Cr (net margin 2.8%) and EBITDA of ₹2.37 Cr (EBITDA margin 4.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindforce Research is 16% over three years and 15% over five years. In the latest year (FY 2023) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindforce Research is 09AAICM2913M1Z5, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Mindforce Research is U74140UP2012PTC206963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindforce Research has 2 court cases on record: 2 filed by the company. 1 is pending.
Mindforce Research was incorporated on 30 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Mindforce Research by revenue are Green Design and Engineering Services Private Limited, Pieriandx India Private Limited, Qarmatek Services Private Limited, Secur Credentials Limited, Space Labs Global Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Anupam Srivastav was appointed as Director on 14 Aug 2019. Narasimhan Rohit ceased to be Director on 28 Jan 2014. Shivendra Pratap Singh was appointed as Director on 28 Jan 2014. Mindforce Research has 4 board changes on record in total.