Mindgrove Technologies Private Limited - Company Profile

It is a information technology private limited company based in Chennai, Tamil Nadu, India, established in 2021.

2021 Chennai, Tamil Nadu, India Active

Last Updated: December 22, 2025

About Mindgrove Technologies Private Limited

Mindgrove Technologies Private Limited, a active private limited company, was established on 05 February 2021 in Chennai, Tamil Nadu, India. Engaging in electronic components & equipment manufacturing within the information technology sector, it holds CIN: U29100TN2021PTC141187. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.26 M and a paid-up capital of ₹1.35 M.

It upholds a compliant status. Employing 36 professional, Its leadership includes Parthasarathy Namakal Srinivasan (Nominee Director), Visesh Rajaram (Nominee Director), Jagathrakshakan Sharan Srinivas (Director). Past directors included Jagathrakshakan Sharan Srinivas. It holds ₹0.40 M open charges and ₹4.00 M settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at No. 12B, Vedanta Desikar Swamy Street Mylapore, Chennai, Tamil Nadu, 600004.

Company Details

CIN/LLPIN
U29100TN2021PTC141187
Registration Number
141187
Incorporation Date
05 February 2021
Authorized Capital
₹2.26 M
Paid-Up Capital
₹1.35 M
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.26 M as on 22-12-2025
Paid Up Capital ₹ 1.35 M as on 22-12-2025
Company Age 5 Year, 5 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 0.40 M as on 22-12-2025
Satisfied Charges ₹ 4.00 M as on 22-12-2025
Revenue Growth **** 201.23% (FY 2024)
Profit Growth **** -677.76% (FY 2024)
Ebitda **** -830.56% (FY 2024)
Net Worth -51.48% (FY 2024)
Total Assets -49.40% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Mindgrove Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Mindgrove Technologies Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Parthasarathy Namakal Srinivasan	Nominee Director	31 Mar 2025	Current
Visesh Rajaram	Nominee Director	31 Mar 2025	Current
Jagathrakshakan Sharan Srinivas	Director	01 May 2021	Current
Thirukkarugavoor Ramkumar Shashwath	Director	05 Feb 2021	Current
Srinivasan Sharanya	Director	05 Feb 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Dec 2022	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Mindgrove Technologies.

Mindgrove Technologies Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 201.23% increase. The company also saw a substantial fall in profitability, with a 677.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 51.48%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

201.23%

*******

Revenue from Operations

*******

Total Assets

*******

-49.40%

*******

Profit or Loss

*******

-677.76%

*******

Net Worth

*******

-51.48%

*******

EBITDA

*******

-830.56%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Mindgrove Technologies?

In 2024, Mindgrove Technologies had a public holding of 6.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹400,000.00

Satisfied Charges

₹4,000,000.00

Charges Breakdown by Lending Institutions

Others : 0.04 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Jun 2023	Others	₹0.40 M	Open
27 Feb 2024	State Bank Of India	₹4.00 M	Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Mindgrove Technologies?

Mindgrove Technologies has a workforce of 36 employees as of Sep 08, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Mindgrove Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mindgrove Technologies's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Mindgrove Technologies

Recent Activity within the Organization

Annual General Meeting

Mindgrove Technologies Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was recorded as a recent event.
24 Sep 2025
Balance Sheet

Progress on Mindgrove Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.
31 Mar 2025
Director Appointment

Progress on Parthasarathy Namakal Srinivasan was appointed as a Nominee Director was appointed as a Nominee Director on 31 Mar 2025 & has been associated with this company since 10 months 12 days . was documented.
31 Mar 2025
Director Appointment

Progress on Visesh Rajaram was appointed as a Nominee Director was appointed as a Nominee Director on 31 Mar 2025 & has been associated with this company since 10 months 12 days . was documented.
31 Mar 2025
Charges

A charge registered on 27 Feb 2024 via Charge ID 100878676 with State Bank Of India was fully satisfied on 08 Apr 2024. was recorded as a recent event.
08 Apr 2024
Charges

A charge with State Bank Of India amounted to Rs. 4.00 M with Charge ID 100878676 was registered on 27 Feb 2024. was recorded as a recent event.
27 Feb 2024

Explore recent activity and updates - View Recent Activity