About Mindrill Systems & Solutions Private Limited
Data last updated:
Mindrill Systems & Solutions Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 08 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29244WB2004PTC098302. Its GSTIN is 19AAECM3065G1ZG (West Bengal).
The company has an authorised share capital of ₹2.13 Cr and a paid-up capital of ₹1.46 Cr. It was formerly known as Mds Technologies Private Limited. It is led by directors Surgyan Saraogi and Madhusudan Saraogi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Howrah, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹83.66 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹17.98 Cr (net margin 21.5%) and EBITDA of ₹27.35 Cr (EBITDA margin 32.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company has about 223 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mindrill. As per MCA filings, the company has open charges of ₹33.57 Cr and satisfied charges of ₹7.96 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindrill.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNh6 Domjur Mahiary Road Vill – Biparnapara P.O – Begri P.S – Domjur Near Swaraswati Br, Idge, Howrah, West Bengal, India – 711411
- IndustryMachinery and Equipment, Construction Machinery & Equipment
- 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
- One PDF report, delivered after checkout
Associated Brands with Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions operates one associated brand: MINDRILL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of mining and construction equipment in India. | mindrill.com |
Business Activity of Mindrill Systems & Solutions Private Limited
The main business activity of Mindrill Systems & Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions Private Limited is audited by VIMAL & SEKSARIA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIMAL & SEKSARIA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surgyan Saraogi Also directs: Kaniska Engineering Industries LLP, Sanctum Estates LLP, Compressed Air Equipments LLP and 1 more | Director | 30 Dec 2011 | 14 Years 9 Months | Current |
| Madhusudan Saraogi Also directs: Kaniska Engineering Industries LLP, Sanctum Estates LLP, Compressed Air Equipments LLP and 1 more | Director | 03 May 2010 | 16 Years 5 Months | Current |
Financials of Mindrill Systems & Solutions Private Limited FY 2024 filings available
Mindrill Systems & Solutions Private Limited reported revenue of ₹83.66 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mindrill Systems & Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 2% growth in the latest year. EBITDA rose 22% 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 of Mindrill Systems & Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹27.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.98 Cr | •••• | •••• | •••• | •••• |
| 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 of Mindrill Systems & Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 21.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mindrill Systems & Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mindrill Systems & Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mindrill Systems & Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2018 | Hdfc Bank Limited | ₹19.28 Cr | Open |
| 30 Jan 2016 | Hdfc Bank Limited | ₹14.29 Cr | Open |
| 28 Jan 2020 | Others | ₹1.63 Cr | Satisfied |
| 27 Jan 2020 | Others | ₹4.5 Cr | Satisfied |
| 25 Aug 2018 | Others | ₹1.03 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions Private Limited has a workforce of 223 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECM3065G1ZG | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mindrill Systems & Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mindrill Systems & Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mindrill Systems & Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mindrill Systems & Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mindrill Systems & Solutions Private Limited
Frequently Asked Questions about Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions is an active private limited company based in Howrah, West Bengal, India. The company works in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 08 April 2004 (22+ years old) and is registered under CIN U29244WB2004PTC098302.
Mindrill Systems & Solutions reported revenue of ₹83.66 Cr for FY 2025 (up 2% YoY).
Mindrill Systems & Solutions has 2 current directors:
- Surgyan Saraogi - Director
- Madhusudan Saraogi - Director
Mindrill Systems & Solutions reported a net profit of ₹17.98 Cr (net margin 21.5%) and EBITDA of ₹27.35 Cr (EBITDA margin 32.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindrill Systems & Solutions is 10% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindrill Systems & Solutions is 19AAECM3065G1ZG, registered in West Bengal.
The CIN (Corporate Identification Number) of Mindrill Systems & Solutions is U29244WB2004PTC098302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindrill Systems & Solutions was incorporated on 08 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Mindrill Systems & Solutions can be reached through the website mindrill.com. Its registered office is in Howrah, West Bengal, India.