Mindpower Towers Private Limited
About Mindpower Towers Private Limited
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Mindpower Towers Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial and credit leasing segment of the financial services sector. It was incorporated on 26 December 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2011PTC171263.
The company had an authorised share capital of ₹1.81 Cr and a paid-up capital of ₹1.81 Cr. It was led by directors Jamil Akhtar Ansari and Tapas Mondal.
Its last annual general meeting (AGM) was held on 06 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 33 Brabourne Road 2nd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹13,000, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹11,126 (net margin -85.6%) and EBITDA of -₹11,126 (EBITDA margin -85.6%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹90 Cr; the latest was in March 2019.
Company details
Contact details
Mindpower Towers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address33 Brabourne Road 2nd Floor, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Financial & Credit Leasing
To see the full contact details of Mindpower Towers 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
Financials of Mindpower Towers Private Limited
FY 2019 filings availableMindpower Towers Private Limited reported revenue of ₹13,000 (down 22% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 22% fall in the latest year. EBITDA rose 95% 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
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| EBITDA | -₹11,126 | ||||
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| Net Profit (PAT) | -₹11,126 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -85.6% | ||||
| Net Profit Margin | -85.6% | ||||
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To see the full financial statements and ratios of Mindpower Towers Private Limited, buy the company report.
Board of directors of Mindpower Towers Private Limited
Mindpower Towers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jamil Akhtar Ansari | Director | 16 Mar 2018 | 8 Years 7 Months | As last reported |
| Tapas Mondal | Director | 01 Feb 2019 | 7 Years 8 Months | As last reported |
Auditor
Mindpower Towers Private Limited is audited by KUMAR BOSE & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR BOSE & ASSOCIATES | FY 2017 | 323911E |
Shareholding
The shareholding of Mindpower Towers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mindpower Towers Private Limited, buy the company report.
Deals & funding
Mindpower Towers Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹90 Cr; the latest was in March 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Kirti Commotrade Private Limited , Moreplus Merchants Private Limited , Alert Commdeal Private Limited Seller: Nonstop Vintrade Private Limited , Remind Vinimay Private Limited , Aerrolink Developers Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Aerrolink Developers Limited Seller: Dewpoint Estates Private Limited , Fastflow Infra Projects Private Limited , Plenty Niryat Pvt Ltd |
| Mar 2012 | Funding round | ₹90 Cr | Investors: Dewpoint Estates Private Limited , Fastflow Infra Projects Private Limited , Plenty Niryat Pvt Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mindpower Towers 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 Towers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mindpower Towers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mindpower Towers Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Tapas Mondal ceased to be Additional Director on 06 Aug 2019.
Frequently asked questions
Mindpower Towers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mindpower Towers was a private limited company based in Kolkata, West Bengal, India. The company worked in financial and credit leasing, within the financial services industry. It was incorporated on 26 December 2011 and is registered under CIN U70109WB2011PTC171263. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mindpower Towers was incorporated on 26 December 2011. It is registered with the Registrar of Companies, Kolkata.
Mindpower Towers had 2 directors:
- Jamil Akhtar Ansari - Director
- Tapas Mondal - Director
The CIN (Corporate Identification Number) of Mindpower Towers is U70109WB2011PTC171263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mindpower Towers is at 33 Brabourne Road 2nd Floor, Kolkata, West Bengal, India – 700001.
The latest financial statements of Mindpower Towers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 06 August 2019. Year-wise statements from 2015 are in the company report.
Mindpower Towers operated in the financial services industry, in the financial and credit leasing segment.
Mindpower Towers has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹90 Cr; the latest was in March 2019.
Tapas Mondal ceased to be Additional Director on 06 Aug 2019. Subrata Banerjee ceased to be Director on 01 Feb 2019. Tapas Mondal was appointed as Director on 01 Feb 2019. Mindpower Towers has 8 board changes on record in total.