About Mindmill Software Limited
Data last updated:
Mindmill Software Limited is a public limited company based in New, Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1996PLC082607. Its GSTIN is 09AAACM8388C1Z9 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors including Suchin Gupta (Whole-Time Director) and Raghav Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at J – 1/28 First Floor Khirki Extention Malviya Magar, New, Delhi, India – 110017.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.51 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹4.33 Cr (net margin 32.1%) and EBITDA of ₹7.19 Cr (EBITDA margin 53.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 9% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.95 Cr and satisfied charges of ₹11.55 Cr on record. Court records list 40 cases involving the company, including 10 filed by the company and 30 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindmill.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressJ – 1/28 First Floor Khirki Extention Malviya Magar, New, Delhi, India – 110017
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Mindmill Software Limited
The main business activity of Mindmill Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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.
Auditor Details of Mindmill Software Limited
Mindmill Software Limited is audited by SANJEEV PURI & COMPANY for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJEEV PURI & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mindmill Software Limited
Mindmill Software has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Gupta | Director | 06 May 2019 | 7 Years 5 Months | Current |
| Suchin Gupta Also directs: Mindmill Capital Limited, Mindmill Systems Limited | Whole-Time Director | 14 Oct 1996 | 29 Years 11 Months | Current |
| Sushma Gupta Also directs: Mindmill Systems Limited | Director | 14 Oct 1996 | 29 Years 11 Months | Current |
Financials of Mindmill Software Limited FY 2025 filings available
Mindmill Software Limited reported revenue of ₹13.51 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mindmill Software Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 21% growth in the latest year. EBITDA rose 15% 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 Mindmill Software Limited
| 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 | ₹13.51 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.33 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 Mindmill Software Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 32.1% | •••• | •••• | •••• | •••• |
| 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 Mindmill Software are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mindmill Software Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mindmill Software Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2022 | Hdfc Bank Limited | ₹2.95 Cr | Open |
| 16 Dec 2010 | Axis Bank Ltd. | ₹2.5 Cr | Satisfied |
| 16 May 2006 | Small Industries Development Bank of India (Sidbi) | ₹6.5 Cr | Satisfied |
| 28 Aug 2004 | Bank of Punjab Limited | ₹2.55 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Mindmill Software Limited
Mindmill Software Limited has a workforce of 6 employees as of Sep 02, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mindmill Software Limited
Mindmill Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACM8388C1Z9 | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Mindmill Software Limited
Mindmill Software Limited has 40 court cases on record: 10 filed by Mindmill Software, 30 filed against it. 7 cases are pending and 33 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 23 | 5 |
| High courts | 15 | 7 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (ARPL) | Filed against the company by Penguin Random House India Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Canara Bank Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed against the company by Kalgroup Private Limited | Disposed |
| District court, South, Delhi | Court case (OMP (T) (COMM.)) | Filed against the company by Cognitensor Technology Private Limited | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by Cognitensor Technology Private Limited | Disposed |
Full case history
All 40 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Mindmill Software Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mindmill Software Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mindmill Software Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mindmill Software Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mindmill Software Limited
Frequently Asked Questions about Mindmill Software Limited
Mindmill Software is an active public limited company based in New, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 October 1996 (30+ years old) and is registered under CIN U74899DL1996PLC082607.
Mindmill Software reported revenue of ₹13.51 Cr for FY 2024 (up 21% YoY).
Mindmill Software has 3 current directors:
- Suchin Gupta - Whole-Time Director
- Raghav Gupta - Director
- Sushma Gupta - Director
Mindmill Software reported a net profit of ₹4.33 Cr (net margin 32.1%) and EBITDA of ₹7.19 Cr (EBITDA margin 53.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindmill Software is 23% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindmill Software is 09AAACM8388C1Z9, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mindmill Software is U74899DL1996PLC082607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindmill Software has 40 court cases on record: 10 filed by the company and 30 filed against it. 7 are pending. Most are in the district courts.
Mindmill Software was incorporated on 14 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.