About Mindpower Procon Private Limited
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Mindpower Procon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 10 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45209GJ1993PTC019975. Its GSTIN is 24AAACL2694L1ZA (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.7 Lakh. It was formerly known as Lunawat Finance Private Limited. It is led by directors 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 Near Times Of India Opp. Old Rbi Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.02 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹41,000 (net margin 0.1%) and EBITDA of ₹5.03 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 202% over three years and 156% over five years.
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 history
Mindpower Procon has one previous CIN (Corporate Identification Number): U65910GJ1993PTC019975. The current CIN is U45209GJ1993PTC019975, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209GJ1993PTC019975 | Current |
| U65910GJ1993PTC019975 | Previous |
Contact details
Mindpower Procon 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
- Registered AddressB – 302 Atma House Near Times Of India Opp. Old Rbi Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Mindpower Procon 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
Business activity
The main business activity of Mindpower Procon is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mindpower Procon Private Limited, buy the company report.
Financials of Mindpower Procon Private Limited
FY 2025 filings availableMindpower Procon Private Limited reported revenue of ₹4.02 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 156% over five years, including 32% growth in the latest year. EBITDA rose 54% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.03 Lakh | ||||
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| Net Profit (PAT) | ₹41,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Mindpower Procon Private Limited, buy the company report.
Board of directors of Mindpower Procon Private Limited
Mindpower Procon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajul Jitendra Shah | Director | 01 Mar 2012 | 14 Years 7 Months | Current |
| Meenakshi Shah | Director | 01 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Mindpower Procon Private Limited is compared with the 8 companies closest to it by revenue in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumit Marble and Sanitary Privete Limited | ₹4.06 Cr (FY 2024) | 8.0% | Haldia, West Bengal, India | |||
| Toolmech Private Limited | ₹4.04 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Veekay Coatings Private Limited | ₹4.04 Cr (FY 2025) | 50.0% | Jamshedpur, Jharkhand, India | |||
| S K Logistics (India) Private Limited | ₹4.03 Cr (FY 2022) | -4.0% | Mumbai, Maharashtra, India | |||
| SDR Techauto Private Limited | ₹4.03 Cr (FY 2024) | 2301.0% | Bishrakh, Uttar Pradesh, India | |||
| Mindpower Procon Private Limitedthis company | ₹4.02 Cr (FY 2025) | ₹41,000 | 0.1% | 32.0% | Ahmedabad, Gujarat, India | |
| Gridintel Energysol Private Limited | ₹3.97 Cr (FY 2025) | 41.0% | Vadodara, Gujarat, India | |||
| Diamond Carbide India Private Limited | ₹3.97 Cr (FY 2025) | -56.0% | Bangalore, Karnataka, India | |||
| Kriansh Tradelinks Private Limited | ₹3.93 Cr (FY 2025) | 59.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Mindpower Procon Private Limited, buy the company report.
Auditor
Mindpower Procon Private Limited is audited by MITESH B. PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITESH B. PATEL & ASSOCIATES | FY 2023 | 141546W |
Shareholding
The shareholding of Mindpower Procon 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mindpower Procon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mindpower Procon 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 Mindpower Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mindpower Procon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL2694L1ZA | Gujarat | Active | 21 Jan 2022 |
To see the full GST registrations and return filing status of Mindpower Procon Private Limited, buy the company report.
Recent activity
Mindpower Procon Private Limited has 6 board changes on record since 1993: 4 appointments and 2 cessations. The latest: Parasmal Lunawat ceased to be Director on 02 Mar 2012.
Frequently asked questions
Mindpower Procon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 10 August 1993 (33+ years old) and is registered under CIN U45209GJ1993PTC019975.
Mindpower Procon has 2 current directors:
- Rajul Jitendra Shah - Director
- Meenakshi Shah - Director
The latest financial statements of Mindpower Procon 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 Procon is 24AAACL2694L1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Mindpower Procon is U45209GJ1993PTC019975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindpower Procon was incorporated on 10 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mindpower Procon by revenue are Sumit Marble and Sanitary Privete Limited, Toolmech Private Limited, Veekay Coatings Private Limited, S K Logistics (India) Private Limited, SDR Techauto Private Limited and 3 more, all in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading).
Parasmal Lunawat ceased to be Director on 02 Mar 2012. Rakesh Parasmal Lunawat ceased to be Director on 02 Mar 2012. Meenakshi Shah was appointed as Director on 01 Mar 2012. Mindpower Procon has 6 board changes on record in total.
Mindpower Procon can be reached through the website mindpowerfsl.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Mindpower Procon is at B – 302 Atma House Near Times Of India Opp. Old Rbi Ashram Road, Ahmedabad, Gujarat, India – 380009.
Mindpower Procon operates in the engineering industry, in the engineering components retail and distribution segment.