MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-28-0001290
Mindmill Software Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.51 Cr
▲ 21% YoY
Net profit · FY 2024
₹4.33 Cr
Net margin 32.1%
EBITDA · FY 2024
₹7.19 Cr
EBITDA margin 53.2%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹2.95 Cr
Satisfied ₹11.55 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
6
Provident fund records
About Mindmill Software Limited
Data last updated:
Mindmill Software Limited is a public limited company based in New Delhi, 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, 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 41 cases involving the company, including 11 filed by the company and 30 filed against it; 7 cases are pending.
Mindmill Software Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0001290). 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.
Company details
CIN U74899DL1996PLC082607
Registration Number 082607
Incorporation Date 14 October 1996
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0001290
Recognitions & Rankings of Mindmill Software
Contact details
Mindmill Software Limited's registered office is in New Delhi, Delhi. Its website is mindmill.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJ – 1/28 First Floor Khirki Extention Malviya Magar, New Delhi, Delhi, India – 110017
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
To see the full contact details of Mindmill Software Limited, buy the company report.
Comprehensive company report
Mindmill Software 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Mindmill Software Limited, buy the company report.
Financials of Mindmill Software Limited
FY 2025 filings availableMindmill Software Limited reported revenue of ₹13.51 Cr (up 21% YoY) for FY 2024.
Revenue · FY 2024
₹13.51 Cr ▲ 21%
Net profit · FY 2024
₹4.33 Cr margin 32.1%
EBITDA · FY 2024
₹7.19 Cr margin 53.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 23%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 39%
5 years · compounded
▲ 31%
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
| 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 | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| 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 | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Mindmill Software Limited, buy the company report.
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.
Current Directors
| 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 | 30 Years 0 Months | Current |
| Sushma Gupta Also directs: Mindmill Systems Limited | Director | 14 Oct 1996 | 30 Years 0 Months | Current |
Auditor
Mindmill Software Limited is audited by SANJEEV PURI & COMPANY for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJEEV PURI & COMPANY | FY 2024 | 089628 |
Shareholding
The shareholding of Mindmill Software Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mindmill Software Limited, buy the company report.
Charges & borrowings
Open charges
₹2.95 Cr
Satisfied charges
₹11.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2022 | 100726960 | Hdfc Bank Limited | ₹2.95 Cr | Open | |
| 16 Dec 2010 | 10266737 | Axis Bank Ltd. | ₹2.5 Cr | Satisfied | |
| 16 May 2006 | 10007578 | Small Industries Development Bank of India (Sidbi) | ₹6.5 Cr | Satisfied | |
| 28 Aug 2004 | 80001956 | Bank of Punjab Limited | ₹2.55 Cr | Satisfied |
To see the full charge records of Mindmill Software Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mindmill Software Limited has 41 court cases on record: 11 filed by Mindmill Software, 30 filed against it. 7 cases are pending and 34 are disposed.
Total cases
41
Filed by the company
11
Filed against the company
30
Pending
7
Disposed
34
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 23 | 5 |
| High courts | 15 | 7 | 2 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (ARPL) | Filed against the company by Penguin Random House India Private Limited | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Icici Bank Limited and 2 others | Pending |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed against the company by Kal Group Private Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Oyo Hotels and Homes Private Limited | Disposed |
| District court, South, Delhi | Court case (OMP (T) (COMM.)) | Filed against the company by Cognitensor Technology Pvt Ltd | Disposed |
To see the full case history of Mindmill Software 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 Mindmill Software Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mindmill Software Limited has a workforce of 6 employees on its EPFO records as of Sep 02, 2025, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-40%
GST
Mindmill Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACM8388C1Z9 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mindmill Software Limited, buy the company report.
Recent activity
Mindmill Software Limited has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Raghav Gupta was appointed as Director on 06 May 2019.
AGM
Mindmill Software Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mindmill Software Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 294.69 Lakh with Charge ID 100726960 was registered on 29 Jun 2022.
Appointed
Raghav Gupta was appointed as Director.
Ceased
Reema Shailesh Bhandari ceased to be Director.
Ceased
Suchin Gupta ceased to be Whole-Time Director.
Charges
A charge registered on 16 Dec 2010 via Charge ID 10266737 with Axis Bank Ltd. was fully satisfied on 08 Mar 2013.
Charges
A charge registered on 16 May 2006 via Charge ID 10007578 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 21 Dec 2010.
Charges
A charge with Axis Bank Ltd. amounted to Rs. 250.00 Lakh with Charge ID 10266737 was registered on 16 Dec 2010.
Charges
A charge registered on 28 Aug 2004 via Charge ID 80001956 with Bank Of Punjab Limited was fully satisfied on 16 Dec 2010.
Charges
A charge with Small Industries Development Bank Of India (Sidbi) of Rs. 650.00 Lakh registered on 16 May 2006 with Charge ID 10007578 was modified on 12 Mar 2008.
Charges
A charge with Small Industries Development Bank Of India (Sidbi) amounted to Rs. 650.00 Lakh with Charge ID 10007578 was registered on 16 May 2006.
4 earlier events are in the company report.
Frequently asked questions
Mindmill Software is an active public limited company based in New Delhi, 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 has 3 current directors:
- Suchin Gupta - Whole-Time Director
- Raghav Gupta - Director
- Sushma Gupta - Director
The latest financial statements of Mindmill Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 41 court cases on record: 11 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.
Raghav Gupta was appointed as Director on 06 May 2019. Reema Shailesh Bhandari ceased to be Director on 06 May 2019. Suchin Gupta ceased to be Whole-Time Director on 27 Mar 2015. Mindmill Software has 5 board changes on record in total.
Yes, Mindmill Software is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0001290).
Mindmill Software can be reached through the website mindmill.com. Its registered office is in New Delhi, Delhi, India.