MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-02-0095360
Mindlake IT Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹94.59 Lakh
▲ 66% YoY
Net profit · FY 2023
₹4.23 Lakh
Net margin 4.5%
EBITDA · FY 2023
₹3.67 Lakh
EBITDA margin 3.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹48.14 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Mindlake IT Solutions Private Limited
Data last updated:
Mindlake IT Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC103079. Its GSTIN is 33AAKCM0286B1ZT (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Maravarma Sundara Pandian Muthuswamy and Hari Prasad Vellaisamy Muthiah Pugalendran.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 64/2 (65/2) Cathidral Road Teynampet, Chennai, Tamil Nadu, India – 600086.
As per the financials filed for FY 2023, the company reported a revenue of ₹94.59 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹4.23 Lakh (net margin 4.5%) and EBITDA of ₹3.67 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 99% over five years.
As per MCA filings, the company has open charges of ₹48.14 Lakh on record.
Mindlake IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0095360). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindlake.co.in.
Company details
CIN U72900TN2015PTC103079
Registration Number 103079
Incorporation Date 23 November 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0095360
Key People
Maravarma Sundara Pandian Muthuswamy Director Hari Prasad Vellaisamy Muthiah Pugalendran Director Recognitions & Rankings of Mindlake IT Solutions
Contact details
Mindlake IT Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mindlake.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address64/2 (65/2) Cathidral Road Teynampet, Chennai, Tamil Nadu, India – 600086
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Mindlake IT Solutions Private Limited, buy the company report.
Comprehensive company report
Mindlake IT Solutions 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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Secure checkout · GST invoice included
Business activity
The main business activity of Mindlake IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Mindlake IT Solutions Private Limited, buy the company report.
Financials of Mindlake IT Solutions Private Limited
FY 2023 filings availableMindlake IT Solutions Private Limited reported revenue of ₹94.59 Lakh (up 66% YoY) for FY 2023.
Revenue · FY 2023
₹94.59 Lakh ▲ 66%
Net profit · FY 2023
₹4.23 Lakh margin 4.5%
EBITDA · FY 2023
₹3.67 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 66%
5 years · compounded
▲ 99%
EBITDA CAGR growth
1 year
▲ 272%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 99% over five years, including 66% growth in the latest year. EBITDA rose 272% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹3.67 Lakh | ||||
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| Net Profit (PAT) | ₹4.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mindlake IT Solutions Private Limited, buy the company report.
Board of directors of Mindlake IT Solutions Private Limited
Mindlake IT Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maravarma Sundara Pandian Muthuswamy Also directs: Basement's Kitchen Private Limited | Director | 23 Nov 2015 | 10 Years 11 Months | Current |
| Hari Prasad Vellaisamy Muthiah Pugalendran Also directs: Purasawakum Permanent Fund Nidhi Limited | Director | 23 Nov 2015 | 10 Years 11 Months | Current |
Peer comparison
Mindlake IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ping Globalservices Private Limited | ₹94.62 Lakh (FY 2024) | -67.0% | Landmark Nr Manav Chowk, Delhi, India | |||
| Speakone Infotech Private Limited | ₹94.62 Lakh (FY 2016) | New Delhi, Delhi, India | ||||
| Altair Insights Private Limited | ₹94.6 Lakh (FY 2025) | -22.0% | Hyderabad, Telangana, India | |||
| Wifidabba India Private Limited | ₹94.6 Lakh (FY 2024) | 58.0% | Bangalore, Karnataka, India | |||
| Humanbot India Private Limited | ₹94.6 Lakh (FY 2022) | 336.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Mindlake IT Solutions Private Limitedthis company | ₹94.59 Lakh (FY 2023) | ₹4.23 Lakh | 4.5% | 66.0% | Chennai, Tamil Nadu, India | |
| Gravity Integrates Private Limited | ₹94.59 Lakh (FY 2025) | -20.0% | Raipur, Chhattisgarh, India | |||
| Thrillax Private Limited | ₹94.58 Lakh (FY 2024) | 70.0% | Ahmedabad, Gujarat, India | |||
| Powerics Private Limited | ₹94.54 Lakh (FY 2025) | 416.0% | Hyderabad, Telangana, India | |||
| Estoot Digital Private Limited | ₹94.5 Lakh (FY 2025) | -58.0% | Chandigarh, India | |||
| Flexical Solutions Private Limited | ₹94.49 Lakh (FY 2025) | 72.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Mindlake IT Solutions Private Limited, buy the company report.
Auditor
Mindlake IT Solutions Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURGA KRISHNAMURTHY & CO | FY 2018 | 008653S |
Shareholding
The shareholding of Mindlake IT Solutions Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mindlake IT Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹48.14 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2023 | 100902537 | Hdfc Bank Limited | ₹28.14 Lakh | Open | |
| 26 Nov 2019 | 100312831 | Tamilnad Mercantile Bank Limited | ₹20 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mindlake IT Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mindlake IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mindlake IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCM0286B1ZT | Tamil Nadu | Active | 25 May 2019 |
To see the full GST registrations and return filing status of Mindlake IT Solutions Private Limited, buy the company report.
Recent activity
Mindlake IT Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Hari Prasad Vellaisamy Muthiah Pugalendran was appointed as Director on 23 Nov 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.14 Lakh with Charge ID 100902537 was registered on 30 Dec 2023.
AGM
Mindlake It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Mindlake It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100312831 was registered on 26 Nov 2019.
Appointed
Hari Prasad Vellaisamy Muthiah Pugalendran was appointed as Director.
Appointed
Maravarma Sundara Pandian Muthuswamy was appointed as Director.
Incorporation
23 Nov 2015
Mindlake It Solutions Private Limited was registered on 23 Nov 2015 with Roc Chennai & aged 10 years 11 months as per MCA records.
Frequently asked questions
Mindlake IT Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 November 2015 (11+ years old) and is registered under CIN U72900TN2015PTC103079.
Mindlake IT Solutions has 2 current directors:
- Maravarma Sundara Pandian Muthuswamy - Director
- Hari Prasad Vellaisamy Muthiah Pugalendran - Director
The latest financial statements of Mindlake IT Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Mindlake IT Solutions is 33AAKCM0286B1ZT, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mindlake IT Solutions is U72900TN2015PTC103079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindlake IT Solutions was incorporated on 23 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mindlake IT Solutions by revenue are Ping Globalservices Private Limited, Speakone Infotech Private Limited, Altair Insights Private Limited, Wifidabba India Private Limited, Humanbot India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Hari Prasad Vellaisamy Muthiah Pugalendran was appointed as Director on 23 Nov 2015. Maravarma Sundara Pandian Muthuswamy was appointed as Director on 23 Nov 2015.
Yes, Mindlake IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0095360).
Mindlake IT Solutions can be reached through the website mindlake.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Mindlake IT Solutions is at 642 652 Cathidral Road Teynampet, Chennai, Tamil Nadu, India – 600086.