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. Court records list 14 cases involving the company, including 12 filed by the company and 2 filed against it; 2 cases are pending. The company has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹9.58 Cr; the latest was in March 2020. Its 10 peer companies in the Machinery and Equipment industry (Construction Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Shree Durga Construction Equipment Private Limited with revenue of ₹101.9 Cr.
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
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.
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.
Peer Comparison of Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Construction Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Durga Construction Equipment Private Limited | ₹101.9 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Jujumura, Odisha, India |
| Black Diamond Equipments Private Limited | ₹98.09 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Dum Dum Park, West Bengal, India |
| Datsons Engineering Works Private Limited | ₹89.95 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Pune, Maharashtra, India |
| British Scaffolding International Limited | ₹87.23 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Shree Neelkanth Engineers Private Limited | ₹85.87 Cr (FY 2024) | •••• | •••• | 140.0% | •••• | Ahmednagar, Maharashtra, India |
| Mindrill Systems & Solutions Private Limited this company | ₹83.66 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Howrah, West Bengal, India |
| Sec-Rjmt Engineering Private Limited | ₹83 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Ballabgarh, Haryana, India |
| Fine Equipments (India) Private Limited | ₹81.49 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| Machino International Private Limited | ₹80.38 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| Q Green Techcon Limited | ₹78.45 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Padhariya, Gujarat, India |
| NRS Bridge Construction India Private Limited | ₹77.37 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Mindrill Systems & Solutions by revenue in the Machinery and Equipment industry (Construction Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
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 |
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
Deals & Funding of Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions Private Limited has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹9.58 Cr; the latest was in March 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Rockdrill International Private Limited Seller: Rockdrill International Private Limited |
| Mar 2015 | Funding round | ₹90 Lakh | Investors: Debi Laxmi Finance Private Limited |
| Oct 2012 | Funding round | ₹77 Lakh | Investors: Madhurum Developers Services Pvt Ltd |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Rockdrill International Private Limited , Astitva Fashions Private Limited , Medmez Services Private Limited Seller: Mid Western Machineries Private Limited , Madhurum Developers Services Pvt Ltd , Krishna Apartments Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Rajeshwari Apartments Private Limited, Shilpa Mercantiles Private Limited , 2 individuals |
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions Private Limited has 14 court cases on record: 12 filed by Mindrill Systems & Solutions, 2 filed against it. 2 cases are pending and 12 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 2 |
| High courts | 6 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Howrah, West Bengal | Court case (2.Money Suit) | Filed by the company against Asian Corpus Mining Solutions Private Limited | Pending |
| District court, Howrah, West Bengal | Court case (2.Money Suit) | Filed by the company against Broshan India Private Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Simplex Infrastructures Limited | Disposed |
| District court, Howrah, West Bengal | Criminal complaint | Filed by the company against Asin Corpus Minig Solutions Pvt Ltd | Pending |
| District court, Hooghly, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
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 |
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.
Recent Activity on Mindrill Systems & Solutions Private Limited
Mindrill Systems & Solutions Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Shyam Sundar Jhajharia ceased to be Director on 31 Dec 2011.
8 earlier events are listed in the company report.
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.
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.
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.
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 has 14 court cases on record: 12 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
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 has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹9.58 Cr; the latest was in March 2020.
The peers of Mindrill Systems & Solutions by revenue are Shree Durga Construction Equipment Private Limited, Black Diamond Equipments Private Limited, Datsons Engineering Works Private Limited, British Scaffolding International Limited, Shree Neelkanth Engineers Private Limited and 5 more, all in the Machinery and Equipment industry (Construction Equipment).