Mindquad Solutions Private Limited

Mindquad Solutions Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72900GJ2008PTC055539 Incorporated 26 November 2008 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹17.31 Cr
▲ 1% YoY
Net profit · FY 2025
₹70.97 Lakh
Net margin 4.1%
EBITDA · FY 2025
₹1.04 Cr
EBITDA margin 6%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹14.98 Lakh
Issued & subscribed
Open charges
₹1.03 Cr
Satisfied ₹59.75 Lakh
Company age
18 yrs
Est. 2008
Employees · EPFO
45
Provident fund records

About Mindquad Solutions Private Limited

Data last updated:

Mindquad Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the enterprise resource planning (ERP) solutions segment of the technology and IT services sector. It was incorporated on 26 November 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2008PTC055539. Its GSTIN is 24AAFCM8209B1ZU (Gujarat).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.98 Lakh. It is led by directors including Rajeshkumar Bhikhabhai Patel and Hirenkumar Vinodchandra Patel.

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 208 – 211 Vraj Valencia Off Science City Road Near Sola Bridge Sola Sg Highway, Ahmedabad, Gujarat, India – 380060.

As per the financials filed for FY 2025, the company reported a revenue of ₹17.31 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹70.97 Lakh (net margin 4.1%) and EBITDA of ₹1.04 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 21% over five years.

The company has about 45 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.03 Cr and satisfied charges of ₹59.75 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending.

Mindquad Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0130878). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindquad.com.

Company details

CIN U72900GJ2008PTC055539
Registration Number 055539
Incorporation Date 26 November 2008
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-01-0130878
Key People
Rajeshkumar Bhikhabhai Patel Director Hirenkumar Vinodchandra Patel Director Nikhilkumar Hasmukhbhai Patel Director

Recognitions & Rankings of Mindquad Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0130878

Contact details

Mindquad Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mindquad.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mindquad.com
  • Social Media
  • Registered Address
    208 – 211 Vraj Valencia Off Science City Road Near Sola Bridge Sola Sg Highway, Ahmedabad, Gujarat, India – 380060
  • Industry
    Information Technology, Enterprise Resource Planning (ERP) Solutions

To see the full contact details of Mindquad Solutions Private Limited, buy the company report.

Comprehensive company report
Mindquad Solutions 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 Mindquad Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Mindquad Solutions Private Limited, buy the company report.

Financials of Mindquad Solutions Private Limited

FY 2025 filings available

Mindquad Solutions Private Limited reported revenue of ₹17.31 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹17.31 Cr ▲ 1%
Net profit · FY 2025
₹70.97 Lakh margin 4.1%
EBITDA · FY 2025
₹1.04 Cr margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 23%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 20%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 1% growth in the latest year. EBITDA fell 31% 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₹1.04 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹70.97 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 Margin6%
Net Profit Margin4.1%
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

To see the full financial statements and ratios of Mindquad Solutions Private Limited, buy the company report.

Board of directors of Mindquad Solutions Private Limited

Mindquad Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajeshkumar Bhikhabhai Patel
Also directs: Mindquad Enterprise Solutions LLP
Director26 Nov 200817 Years 11 MonthsCurrent
Hirenkumar Vinodchandra Patel
Also directs: Quantumquad Solutions LLP
Director26 Nov 200817 Years 11 MonthsCurrent
Nikhilkumar Hasmukhbhai PatelDirector26 Nov 200817 Years 11 MonthsCurrent
View all directors

Auditor

Mindquad Solutions Private Limited is audited by PALAK J.SHAH & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
PALAK J.SHAH & CO.FY 2024124911W

Shareholding

The shareholding of Mindquad Solutions Private 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 categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mindquad Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.03 Cr
Satisfied charges
₹59.75 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹1.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Aug 2018100203978Hdfc Bank Limited₹1.03 CrOpen
08 Feb 201410476658Hdfc Bank Limited₹59.75 LakhSatisfied

To see the full charge records of Mindquad Solutions Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Mindquad Solutions Private Limited has a workforce of 45 employees on its EPFO records as of Feb 25, 2025, across 1 active EPFO establishment.

Employee count
45
Active EPFO establishments
1
Employee growth
21.62%

GST

Mindquad Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCM8209B1ZUGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Mindquad Solutions Private Limited, buy the company report.

Recent activity

Mindquad Solutions Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Devaang Bipinchandra Bhatt ceased to be Director on 12 Apr 2013.

AGM
Mindquad Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mindquad Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 08 Feb 2014 via Charge ID 10476658 with Hdfc Bank Limited was fully satisfied on 18 Mar 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 103.47 Lakh with Charge ID 100203978 was registered on 30 Aug 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 59.75 Lakh registered on 08 Feb 2014 with Charge ID 10476658 was modified on 04 Feb 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 59.75 Lakh with Charge ID 10476658 was registered on 08 Feb 2014.
Ceased
Devaang Bipinchandra Bhatt ceased to be Director.
Appointed
Hirenkumar Vinodchandra Patel was appointed as Director.
Appointed
Nikhilkumar Hasmukhbhai Patel was appointed as Director.
Appointed
Rajeshkumar Bhikhabhai Patel was appointed as Director.
Incorporation
26 Nov 2008
Mindquad Solutions Private Limited was registered on 26 Nov 2008 with Roc Ahmedabad & aged 17 years 11 months as per MCA records.

Frequently asked questions

Mindquad Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in enterprise resource planning (erp) solutions, within the information technology industry. It was incorporated on 26 November 2008 (18+ years old) and is registered under CIN U72900GJ2008PTC055539.

Mindquad Solutions has 3 current directors:

The latest financial statements of Mindquad Solutions 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 Mindquad Solutions is 24AAFCM8209B1ZU, registered in Gujarat.

The CIN (Corporate Identification Number) of Mindquad Solutions is U72900GJ2008PTC055539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mindquad Solutions has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending.

Mindquad Solutions was incorporated on 26 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Devaang Bipinchandra Bhatt ceased to be Director on 12 Apr 2013. Hirenkumar Vinodchandra Patel was appointed as Director on 26 Nov 2008. Nikhilkumar Hasmukhbhai Patel was appointed as Director on 26 Nov 2008. Mindquad Solutions has 4 board changes on record in total.

Yes, Mindquad Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0130878).

Mindquad Solutions can be reached through the website mindquad.com. Its registered office is in Ahmedabad, Gujarat, India.