Mindpower Finsource Services Private Limited

Mindpower Finsource Services Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U93000GJ2007PTC051284 Incorporated 06 July 2007 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹20.16 Cr
▲ 5% YoY
Net profit · FY 2025
₹44.03 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹1.65 Cr
EBITDA margin 8.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹2.12 Lakh
Issued & subscribed
Open charges
₹9.61 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings

About Mindpower Finsource Services Private Limited

Data last updated:

Mindpower Finsource Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 July 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93000GJ2007PTC051284. Its GSTIN is 24AAFCM1358K2ZE (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2.12 Lakh. It is led by directors including Rajul Jitendra Shah and Meenakshi Shah.

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 B – 302 Atma House Opp. Old R.B.I. Near Times Of India Ashram Road, Ahmedabad, Gujarat, India – 380009.

As per the financials filed for FY 2025, the company reported a revenue of ₹20.16 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹44.03 Lakh (net margin 2.2%) and EBITDA of ₹1.65 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.

As per MCA filings, the company has open charges of ₹9.61 Cr on record.

Mindpower Finsource Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0018158). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindpowerfsl.com.

Company details

CIN U93000GJ2007PTC051284
Registration Number 051284
Incorporation Date 06 July 2007
ROC Ahmedabad
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-GJ-01-0018158
Key People
Rajul Jitendra Shah Director Meenakshi Shah Director Amit Lalchandji Shah Director

Recognitions & Rankings of Mindpower Finsource Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0018158

Contact details

Mindpower Finsource Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mindpowerfsl.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mindpowerfsl.com
  • Registered Address
    B – 302 Atma House Opp. Old R.B.I. Near Times Of India Ashram Road, Ahmedabad, Gujarat, India – 380009
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment

To see the full contact details of Mindpower Finsource Services Private Limited, buy the company report.

Comprehensive company report
Mindpower Finsource Services 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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Business activity

The main business activity of Mindpower Finsource Services is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Mindpower Finsource Services Private Limited, buy the company report.

Financials of Mindpower Finsource Services Private Limited

FY 2025 filings available

Mindpower Finsource Services Private Limited reported revenue of ₹20.16 Cr (up 5% YoY) for FY 2025.

Revenue · FY 2025
₹20.16 Cr ▲ 5%
Net profit · FY 2025
₹44.03 Lakh margin 2.2%
EBITDA · FY 2025
₹1.65 Cr margin 8.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 17%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 27%
5 years · compounded
▲ 14%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 5% growth in the latest year. EBITDA rose 20% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.65 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹44.03 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.2%
Net Profit Margin2.2%
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 Mindpower Finsource Services Private Limited, buy the company report.

Board of directors of Mindpower Finsource Services Private Limited

Mindpower Finsource Services has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajul Jitendra Shah
Also directs: Ishan Bio Films Private Limited, FCP Projects Private Limited, Mindpower Procon Private Limited
Director06 Jul 200719 Years 4 MonthsCurrent
Meenakshi Shah
Also directs: Ishan Bio Films Private Limited, FCP Projects Private Limited, Mindpower Procon Private Limited
Director06 Jul 200719 Years 4 MonthsCurrent
Amit Lalchandji Shah
Also directs: Ishan Bio Films Private Limited, FCP Projects Private Limited, Keshmeen Packaging Private Limited
Director02 Jul 20188 Years 4 MonthsCurrent
View all directors

Auditor

Mindpower Finsource Services Private Limited is audited by MITESH B. PATEL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MITESH B. PATEL & ASSOCIATESFY 2023141546W

Shareholding

The shareholding of Mindpower Finsource Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Mindpower Finsource Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.61 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹8.63 Cr
Punjab National Bank₹0.98 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2020100354172Others₹17.6 LakhOpen
15 Dec 201110328058Others₹8.45 CrOpen
13 Nov 200910187809Punjab National Bank₹97.67 LakhOpen

To see the full charge records of Mindpower Finsource Services Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mindpower Finsource Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mindpower Finsource Services has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAFCM1358K2ZEGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Mindpower Finsource Services Private Limited, buy the company report.

Recent activity

Mindpower Finsource Services Private Limited has 3 board changes on record since 2007: 3 appointments. The latest: Amit Lalchandji Shah was appointed as Director on 02 Jul 2018.

AGM
Mindpower Finsource Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mindpower Finsource Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 8.45 Cr registered on 15 Dec 2011 with Charge ID 10328058 was modified on 28 May 2024.
Charges
A charge with Others of Rs. 0.18 Cr registered on 30 Jun 2020 with Charge ID 100354172 was modified on 17 Jun 2021.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100354172 was registered on 30 Jun 2020.
Appointed
Amit Lalchandji Shah was appointed as Director.
Charges
A charge with Others amounted to Rs. 8.45 Cr with Charge ID 10328058 was registered on 15 Dec 2011.
Charges
A charge with Punjab National Bank of Rs. 0.98 Cr registered on 13 Nov 2009 with Charge ID 10187809 was modified on 12 Jan 2011.
Charges
A charge with Punjab National Bank amounted to Rs. 0.98 Cr with Charge ID 10187809 was registered on 13 Nov 2009.
Appointed
Meenakshi Shah was appointed as Director.
Appointed
Rajul Jitendra Shah was appointed as Director.
Incorporation
06 Jul 2007
Mindpower Finsource Services Private Limited was registered on 06 Jul 2007 with Roc Ahmedabad & aged 19 years 4 months as per MCA records.

Frequently asked questions

Mindpower Finsource Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 06 July 2007 (19+ years old) and is registered under CIN U93000GJ2007PTC051284.

Mindpower Finsource Services has 3 current directors:

The latest financial statements of Mindpower Finsource Services 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 Mindpower Finsource Services is 24AAFCM1358K2ZE, registered in Gujarat. 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 Mindpower Finsource Services is U93000GJ2007PTC051284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mindpower Finsource Services was incorporated on 06 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Amit Lalchandji Shah was appointed as Director on 02 Jul 2018. Meenakshi Shah was appointed as Director on 06 Jul 2007. Rajul Jitendra Shah was appointed as Director on 06 Jul 2007.

Yes, Mindpower Finsource Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0018158).

Mindpower Finsource Services can be reached through the website mindpowerfsl.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Mindpower Finsource Services is at B – 302 Atma House Opp. Old R.B.I. Near Times Of India Ashram Road, Ahmedabad, Gujarat, India – 380009.