About Mindscape Computing Private Limited
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Mindscape Computing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 22 November 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1989PTC010528. Its GSTIN is 29AABCM3176D1ZK (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors including Sunil Paul Kunders (Managing Director) and Shanthi Celrin Kunders.
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 No.20 14th A Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.15 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹19.4 Lakh (net margin 2.7%) and EBITDA of ₹50.73 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 15% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Olabi. As per MCA filings, the company has open charges of ₹2.57 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 olabi.ooo.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.20 14th A Main Hal 2nd Stage Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, Software Development & Support Services
- 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 Mindscape Computing Private Limited
The main business activity of Mindscape Computing is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Mindscape Computing Private Limited FY 2025 filings available
Mindscape Computing Private Limited reported revenue of ₹7.15 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mindscape Computing Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 58% 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 Mindscape Computing 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 | ₹50.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.4 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mindscape Computing Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 Mindscape Computing 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 Mindscape Computing Private Limited
Mindscape Computing Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Almasons Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mangalore, Karnataka, India |
| Indxo AI Private Limited | •••• | •••• | •••• | •••• | 56 | Bangalore South, Karnataka, India |
| Sabia Bulk Material Analyser Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Kyzer Software India Private Limited | •••• | •••• | •••• | •••• | 46 | Goregaon East, Maharashtra, India |
| Launchmycareer Private Limited | •••• | •••• | •••• | •••• | - | G B Nagar, Uttar Pradesh, India |
| Mindscape Computing Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Intellias Information Services India Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Spryiq Technologies Private Limited | •••• | •••• | •••• | •••• | 34 | Pune, Maharashtra, India |
| Skalar Analytical India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Nextmeta Labs Private Limited | •••• | •••• | •••• | •••• | 61 | Noida, Uttar Pradesh, India |
| Crestech Software Systems Private Limited | •••• | •••• | •••• | •••• | 85 | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mindscape Computing by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Mindscape Computing Private Limited
Mindscape Computing Private Limited is audited by CHARLES PRABAKAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHARLES PRABAKAR | 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 Mindscape Computing Private Limited
Mindscape Computing has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanthi Celrin Kunders | Director | 16 Feb 1996 | 30 Years 7 Months | Current |
| Sunil Paul Kunders | Managing Director | 22 Nov 1989 | 36 Years 10 Months | Current |
| Chetan Kantilal Panchal | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
Ownership and Shareholding of Mindscape Computing 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 Mindscape Computing Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2025 | Others | ₹84 Lakh | Open |
| 30 Jun 2025 | Others | ₹76 Lakh | Open |
| 01 Dec 2021 | Canara Bank | ₹22 Lakh | Open |
| 20 Dec 2006 | Syndicate Bank | ₹75 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Mindscape Computing Private Limited
Mindscape Computing Private Limited has a workforce of 28 employees as of Apr 05, 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 Mindscape Computing Private Limited
Mindscape Computing Private Limited has 4 board changes on record since 1989: 3 appointments and 1 cessation. The latest: Chetan Kantilal Panchal ceased to be Additional Director on 20 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Mindscape Computing 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 Mindscape Computing 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 Mindscape Computing 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 Mindscape Computing Private Limited
Mindscape Computing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM3176D1ZK | Karnataka | 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 Mindscape Computing 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 Mindscape Computing Private Limited
Mindscape Computing is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 22 November 1989 (37+ years old) and is registered under CIN U72200KA1989PTC010528.
Mindscape Computing reported revenue of ₹7.15 Cr for FY 2025 (down 2% YoY).
Mindscape Computing has 3 current directors:
- Sunil Paul Kunders - Managing Director
- Shanthi Celrin Kunders - Director
- Chetan Kantilal Panchal - Director
Mindscape Computing reported a net profit of ₹19.4 Lakh (net margin 2.7%) and EBITDA of ₹50.73 Lakh (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindscape Computing is 33% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindscape Computing is 29AABCM3176D1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Mindscape Computing is U72200KA1989PTC010528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindscape Computing was incorporated on 22 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mindscape Computing by revenue are Almasons Technologies Private Limited, Indxo AI Private Limited, Sabia Bulk Material Analyser Private Limited, Kyzer Software India Private Limited, Launchmycareer Private Limited and 5 more, all in the Information Technology industry (Software Services).
Chetan Kantilal Panchal ceased to be Additional Director on 20 Sep 2018. Chetan Kantilal Panchal was appointed as Director on 01 Dec 2017. Shanthi Celrin Kunders was appointed as Director on 16 Feb 1996. Mindscape Computing has 4 board changes on record in total.
Mindscape Computing can be reached through the website olabi.ooo. Its registered office is in Bangalore, Karnataka, India.