- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MP-23-0040966

About Mindiii Systems Private Limited
Data last updated:
Mindiii Systems Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2017PTC042604. Its GSTIN is 23AAKCM8074F1ZC (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Santosh Sharma and Brajmohan Sharma.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No 502 503 & 504 5th Floor Krishna Tower Scheme No. 140 Pipliyahana Main Road, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.2 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹84,093 (net margin 0.4%) and EBITDA of ₹9.73 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
The company is associated with 1 brand: MINDIII Systems. As per MCA filings, the company has open charges of ₹9.1 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Mindiii Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0040966). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindiii.com.
Company details
Recognitions & Rankings of Mindiii Systems
Contact details
Mindiii Systems Private Limited's registered office is in Indore, Madhya Pradesh. Its website is mindiii.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 502 503 & 504 5th Floor Krishna Tower Scheme No. 140 Pipliyahana Main Road, Indore, Madhya Pradesh, India – 452016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mindiii Systems Private Limited, buy the company report.
- 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
Brands
Mindiii Systems operates one associated brand: MINDIII Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A software company providing IT solutions and services in web and mobile app development. | mindiii.com |
Business activity
The main business activity of Mindiii Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Mindiii Systems Private Limited, buy the company report.
Financials of Mindiii Systems Private Limited
FY 2024 filings availableMindiii Systems Private Limited reported revenue of ₹2.2 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 184% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹9.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹84,093 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Mindiii Systems Private Limited, buy the company report.
Board of directors of Mindiii Systems Private Limited
Mindiii Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Sharma | Director | 02 Mar 2017 | 9 Years 8 Months | Current |
| Brajmohan Sharma | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
| Arvind Patidar | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Mindiii Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 7Th Tower Technologies Private Limited | ₹2.21 Cr (FY 2024) | 151.0% | Nawalgarh, Rajasthan, India | |||
| Pinetco Technologies Private Limited | ₹2.21 Cr (FY 2025) | 5.0% | Surat, Gujarat, India | |||
| Azilist Business Solution Private Limited | ₹2.2 Cr (FY 2025) | -47.0% | Chandigarh, India | |||
| Zestybeanz Technologies Private Limited | ₹2.2 Cr (FY 2024) | 20.0% | Kochi, Kerala, India | |||
| Byarv IT Solutions Private Limited | ₹2.2 Cr (FY 2025) | 151.0% | Greater Noida, Uttar Pradesh, India | |||
| Mindiii Systems Private Limitedthis company | ₹2.2 Cr (FY 2024) | ₹84,093 | 0.4% | 5.0% | Indore, Madhya Pradesh, India | |
| Ploceus Software Private Limited | ₹2.2 Cr (FY 2025) | 41.0% | Bangalore, Karnataka, India | |||
| Hyperzod Technologies Private Limited | ₹2.2 Cr (FY 2024) | 23.0% | Lucknow, Uttar Pradesh, India | |||
| Ondesk IT Solutions Private Limited | ₹2.19 Cr (FY 2017) | 213.0% | New Delhi, Delhi, India | |||
| Onspot Solutions Private Limited | ₹2.19 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Bilozz RCM Services Private Limited | ₹2.19 Cr (FY 2025) | 18.0% | Aminjikarai, Tamil Nadu, India |
To see the full peer comparison of Mindiii Systems Private Limited, buy the company report.
Auditor
Mindiii Systems Private Limited is audited by MANDHANYA MITTAL AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANDHANYA MITTAL AND ASSOCIATES | FY 2023 | 022143C |
Shareholding
The shareholding of Mindiii 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mindiii Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2025 | 101064108 | Hdfc Bank Limited | ₹9.1 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Mindiii Systems Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MJC R) | Filed against the company by Bank of Baroda Through Authorized Officer | Pending |
To see the full case history of Mindiii 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mindiii Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mindiii Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCM8074F1ZC | Madhya Pradesh | Active | 15 Aug 2017 |
To see the full GST registrations and return filing status of Mindiii Systems Private Limited, buy the company report.
Recent activity
Mindiii Systems Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Ashish Meena ceased to be Director on 16 May 2022.
Frequently asked questions
Mindiii Systems is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 February 2017 (9+ years old) and is registered under CIN U72900MP2017PTC042604.
Mindiii Systems has 3 current directors:
- Santosh Sharma - Director
- Brajmohan Sharma - Director
- Arvind Patidar - Director
The latest financial statements of Mindiii Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Mindiii Systems is 23AAKCM8074F1ZC, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mindiii Systems is U72900MP2017PTC042604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindiii Systems has 1 court case on record: 1 filed against it. 1 is pending.
Mindiii Systems was incorporated on 10 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mindiii Systems by revenue are 7Th Tower Technologies Private Limited, Pinetco Technologies Private Limited, Azilist Business Solution Private Limited, Zestybeanz Technologies Private Limited, Byarv IT Solutions Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Ashish Meena ceased to be Director on 16 May 2022. Santosh Sharma was appointed as Director on 02 Mar 2017. Arvind Patidar was appointed as Director on 10 Feb 2017. Mindiii Systems has 4 board changes on record in total.
Yes, Mindiii Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0040966).
Mindiii Systems can be reached through the website mindiii.com. Its registered office is in Indore, Madhya Pradesh, India.

