Mindgrove Technologies Private Limited

Mindgrove Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U29100TN2021PTC141187 Incorporated 05 February 2021 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹3 Cr
▲ 345.00% YoY
EBITDA · FY 2025
*****
▲ 28.00% YoY
Net profit · FY 2025
*****
▲ 27.00% YoY
Authorised capital
₹22.6 Lakh
Registered with MCA
Paid-up capital
₹13.55 Lakh
Issued & subscribed
Open charges
₹4 Lakh
Satisfied ₹40 Lakh
Company age
5 yrs
Est. 2021
Employees · EPFO
36
Latest available

About Mindgrove Technologies Private Limited

Data last updated: 22 December 2025

Mindgrove Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It specialises in electronic components and equipment manufacturing, a part of the broader technology and IT services sector. Incorporated on 05 February 2021, the company has been in operation for over 5 years.

Registered with ROC Chennai under CIN U29100TN2021PTC141187.

Capital: an authorised share capital of ₹22.6 Lakh and a paid-up capital of ₹13.55 Lakh. It is led by directors including Parthasarathy Namakal Srinivasan and Visesh Rajaram.

Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: No. 12B Vedanta Desikar Swamy Street Mylapore, Chennai, Tamil Nadu, India – 600004.

As per the financials filed for FY 2025, the company reported a revenue of ₹3 Cr, reflecting significant growth compared to the previous year.

The company has a workforce of approximately 36 employees as per the latest available data.

The company is associated with 1 brand - Mindgrove. As per MCA filings, the company has open charges of ₹4 Lakh and satisfied charges of ₹40 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindgrovetech.in.

Company Details of Mindgrove Technologies Private Limited
CIN U29100TN2021PTC141187
Registration Number 141187
Incorporation Date 05 February 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
    **************
  • Registered Address
    No. 12B Vedanta Desikar Swamy Street Mylapore, Chennai, Tamil Nadu, India – 600004
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing
Company report
Mindgrove Technologies Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Mindgrove Technologies Private Limited report

Financials, compliance, directors, charges, ownership and filings for Mindgrove Technologies Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Mindgrove Technologies Private Limited

Mindgrove Technologies Private Limited operates one associated brand: Mindgrove. These brands represent Mindgrove Technologies Private Limited's diversified market presence and brand portfolio.

Brand Description Website
System-on-chips for connected applications and secure IoT devices are developed. mindgrovetech.in

Competitors & Alternatives of Mindgrove Technologies Private Limited

Brands and companies operating in the same space as Mindgrove Technologies Private Limited include Eta Compute, ZF Micro Solutions, DesignArt Networks and 5 more.

Competitor Description Location Founded
Eta Compute Eta Compute SoCs for edge computing and embedded systems are manufactured. Westlake Village, United States, United States 2015
ZF Micro Solutions ZF Micro Solutions Embedded PC-on-chip solutions with integrated hardware and software are provided. Alto, United States, United States 1995
DesignArt Networks DesignArt Networks Programmable SoCs and embedded software for 4G infrastructure are provided. - 2006
SenseSemi SenseSemi Smart wearable devices are developed for chronic disease management. Bengaluru, India, India 2014
O-Cubes O-Cubes SoC chips are designed and manufactured for multiple applications. Shanghai, China, China 2020
EULEGO EULEGO System-on-a-Chip based embedded systems for industrial applications are developed. Turin, Italy, Italy 2007
ChipWrights ChipWrights ChipWrights develops innovative system-on-chips for embedded video and audio applications. Waltham, United States, United States 2000
CPU Technology CPU Technology System-on-a-Chip based embedded systems are developed for critical applications. San Francisco, United States, United States 1989

Auditor Details of Mindgrove Technologies Private Limited

Mindgrove Technologies Private Limited is audited by G N & Co Chartered accountants for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
G N & Co Chartered accountants blur-value blur-value blur-value

Board of Directors of Mindgrove Technologies Private Limited

Mindgrove Technologies Private Limited is currently managed by 5 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Parthasarathy Namakal Srinivasan Nominee Director 31 Mar 2025 1 Years 3 Months Current
Visesh Rajaram Nominee Director 31 Mar 2025 1 Years 3 Months Current
Jagathrakshakan Sharan Srinivas Director 01 May 2021 5 Years 2 Months Current
Thirukkarugavoor Ramkumar Shashwath Director 05 Feb 2021 5 Years 5 Months Current
Srinivasan Sharanya Director 05 Feb 2021 5 Years 5 Months Current

Financials of Mindgrove Technologies Private Limited FY 2025 filings available

Mindgrove Technologies Private Limited reported revenue of ₹3 Cr (up 345% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹3 Cr ▲ 345%
Profit
***** ▲ 27%
EBITDA
***** ▲ 28%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
*****
*****
*****
Revenue Growth %
*****
*****
*****
*****
*****
Other Income
*****
*****
*****
*****
*****
Total Revenue
*****
*****
*****
*****
*****
Expenses
Total Expenses
*****
*****
*****
*****
*****
Raw Material Cost
*****
*****
*****
*****
*****
Change in Inventory FG
*****
*****
*****
*****
*****
Change in Inventory WIP
*****
*****
*****
*****
*****
Purchase of Traded Goods
*****
*****
*****
*****
*****
Employee Cost
*****
*****
*****
*****
*****
Managerial Remuneration
*****
*****
*****
*****
*****
Audit Fees
*****
*****
*****
*****
*****
Insurance
*****
*****
*****
*****
*****
Power & Fuel
*****
*****
*****
*****
*****
Interest
*****
*****
*****
*****
*****
Depreciation
*****
*****
*****
*****
*****
Other Expenses
*****
*****
*****
*****
*****
Profitability
EBITDA (Operating Profit)
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
*****
*****
Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Exceptional & Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Tax
*****
*****
*****
*****
*****
Tax & Net Profit
Tax Expense
*****
*****
*****
*****
*****
Current Tax
*****
*****
*****
*****
*****
Deferred Tax
*****
*****
*****
*****
*****
Profit from Discontinued Operations
*****
*****
*****
*****
*****
Tax on Discontinued Operations
*****
*****
*****
*****
*****
Profit
*****
*****
*****
*****
*****
Net Margin %
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Shareholders' Funds
Total Shareholders' Funds
*****
*****
*****
*****
*****
Equity Capital
*****
*****
*****
*****
*****
Reserves & Surplus
*****
*****
*****
*****
*****
Money Against Warrants
*****
*****
*****
*****
*****
Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
*****
*****
*****
*****
Other Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Provisions
*****
*****
*****
*****
*****
Current Liabilities
Total Current Liabilities
*****
*****
*****
*****
*****
Short-Term Borrowings
*****
*****
*****
*****
*****
Trade Payables
*****
*****
*****
*****
*****
Other Current Liabilities
*****
*****
*****
*****
*****
Short-Term Provisions
*****
*****
*****
*****
*****
Total Equity & Liabilities
*****
*****
*****
*****
*****
Non-Current Assets
Non-Current Assets
*****
*****
*****
*****
*****
Tangible Assets
*****
*****
*****
*****
*****
Intangible Assets
*****
*****
*****
*****
*****
Capital WIP
*****
*****
*****
*****
*****
Intangibles Under Dev
*****
*****
*****
*****
*****
Investments
*****
*****
*****
*****
*****
Deferred Tax Assets
*****
*****
*****
*****
*****
LT Loans & Advances
*****
*****
*****
*****
*****
Other Non-Current Assets
*****
*****
*****
*****
*****
Current Assets
Current Assets
*****
*****
*****
*****
*****
Current Investments
*****
*****
*****
*****
*****
Inventories
*****
*****
*****
*****
*****
Trade Receivables
*****
*****
*****
*****
*****
Cash & Bank Balance
*****
*****
*****
*****
*****
ST Loans & Advances
*****
*****
*****
*****
*****
Other Current Assets
*****
*****
*****
*****
*****
Total Assets
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
*****
*****
*****
*****
+ Depreciation
*****
*****
*****
*****
*****
+/- Unrealized Forex
*****
*****
*****
*****
*****
- Dividend Income
*****
*****
*****
*****
*****
- Interest Income
*****
*****
*****
*****
*****
+/- Other Non-Cash Items
*****
*****
*****
*****
*****
Changes in Working Capital
*****
*****
*****
*****
*****
+/- Inventory
*****
*****
*****
*****
*****
+/- Debtors
*****
*****
*****
*****
*****
+/- Creditors
*****
*****
*****
*****
*****
Reconciliation Adjustments
*****
*****
*****
*****
*****
Cash Generated from Operations
*****
*****
*****
*****
*****
Income Taxes Paid
*****
*****
*****
*****
*****
Net CFO (Cash from Operations)
*****
*****
*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
*****
*****
*****
*****
Disposal of Subsidiaries
*****
*****
*****
*****
*****
Acquisition of Subsidiaries
*****
*****
*****
*****
*****
Capex
*****
*****
*****
*****
*****
Purchase of Fixed Assets
*****
*****
*****
*****
*****
Sale of Fixed Assets
*****
*****
*****
*****
*****
Other Investing Cash Flows
*****
*****
*****
*****
*****
Net CFI (Cash from Investing)
*****
*****
*****
*****
*****
Cash from Financing Activities (CFF)
Equity Issuance
*****
*****
*****
*****
*****
Debt Raised
*****
*****
*****
*****
*****
Debt Repaid
*****
*****
*****
*****
*****
Dividends Paid
*****
*****
*****
*****
*****
Interest Paid
*****
*****
*****
*****
*****
Net CFF (Cash from Financing)
*****
*****
*****
*****
*****
Net Cash Position
Net Change in Cash (Pre-Forex)
*****
*****
*****
*****
*****
Closing Cash & Equivalents
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Liquidity
Current Ratio
*****
*****
*****
*****
*****
Quick Ratio
*****
*****
*****
*****
*****
Cash Ratio
*****
*****
*****
*****
*****
Efficiency
Inventory Days
*****
*****
*****
*****
*****
Debtor Days
*****
*****
*****
*****
*****
Creditor Days
*****
*****
*****
*****
*****
Cash Conversion Cycle
*****
*****
*****
*****
*****
Asset Turnover
*****
*****
*****
*****
*****
Profitability
Net Profit Margin %
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
ROE %
*****
*****
*****
*****
*****
ROCE %
*****
*****
*****
*****
*****
Net Worth Margin %
*****
*****
*****
*****
*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Mindgrove Technologies Private Limited

As of FY 2024, Mindgrove Technologies Private Limited's shareholding pattern shows 94.00% by promoters, 6.00% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Mindgrove Technologies Private Limited

Open charges
₹4 Lakh
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Others₹0.04 Cr
Latest charge details
DateLenderAmountStatus
09 Jun 2023 Others ₹4 Lakh Open
27 Feb 2024 State Bank of India ₹40 Lakh Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Mindgrove Technologies Private Limited

Mindgrove Technologies Private Limited has a workforce of 36 employees as of Sep 08, 2025.

Employee count
36
Active EPFO establishments
1
Employee growth
50%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Mindgrove Technologies Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Mindgrove Technologies Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Mindgrove Technologies Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Mindgrove Technologies Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Mindgrove Technologies Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Mindgrove Technologies Private Limited

MSME Payment Delays by Mindgrove Technologies Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Mindgrove Technologies Private Limited

Subsidiaries & Group Companies of Mindgrove Technologies Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Mindgrove Technologies Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Mindgrove Technologies Private Limited

MCA Filings & Documents of Mindgrove Technologies Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Mindgrove Technologies Private Limited

Activity
24 Sep 2025
Mindgrove Technologies Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Mindgrove Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Directors
31 Mar 2025
Parthasarathy Namakal Srinivasan was appointed as a Nominee Director on 31 Mar 2025 & has been associated with this company since 1 year 3 months.
Directors
31 Mar 2025
Visesh Rajaram was appointed as a Nominee Director on 31 Mar 2025 & has been associated with this company since 1 year 3 months.
Charges
08 Apr 2024
A charge registered on 27 Feb 2024 via Charge ID 100878676 with State Bank Of India was fully satisfied on 08 Apr 2024.
Charges
27 Feb 2024
A charge with State Bank Of India amounted to Rs. 40.00 Lakh with Charge ID 100878676 was registered on 27 Feb 2024.

Recent News on Mindgrove Technologies Private Limited

Frequently Asked Questions about Mindgrove Technologies Private Limited

Mindgrove Technologies Private Limited is an active private limited company in the information technology sector based in Chennai, Tamil Nadu, India. It was incorporated on 05 February 2021 (5+ years old) and is registered under CIN U29100TN2021PTC141187. The company has 36 employees.

Mindgrove Technologies Private Limited reported revenue of ₹3 Cr for FY 2025 (up 345.00% YoY).

The primary industry of Mindgrove Technologies Private Limited is information technology. The company specifically operates in electronic components and equipment manufacturing. The company is currently active in this sector.

Yes, Mindgrove Technologies Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Mindgrove Technologies Private Limited can be reached at the registered office: No. 12B Vedanta Desikar Swamy Street Mylapore, Chennai, Tamil Nadu, India – 600004, or through the website mindgrovetech.in.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available