Mindset Estates Private Limited
About Mindset Estates Private Limited
Data last updated:
Mindset Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2008PTC177318. Its GSTIN is 27AAFCM3426Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Soham Pratik Mehta and Rahul Rajesh Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.21 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹7.23 Cr (net margin 10.8%) and EBITDA of ₹29.05 Cr (EBITDA margin 43.2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹250.74 Cr and satisfied charges of ₹200 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 5 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address7th Floor Office No 7N, The Ruby 29 Senapati Bapat Marg Dadar (W), Mumbai, Maharashtra, India – 400028
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Mindset Estates Private Limited
The main business activity of Mindset Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Mindset Estates Private Limited FY 2024 filings available
Mindset Estates Private Limited reported revenue of ₹67.21 Cr (down 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mindset Estates Private Limited
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 428% 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 Mindset Estates 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 | ₹29.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.23 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 Mindset Estates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.8% | •••• | •••• | •••• | •••• |
| 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 Mindset Estates 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 Mindset Estates Private Limited
Mindset Estates Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ijm Raintree Park Private Limited | ₹67.32 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Hyderabad, Telangana, India |
| Indus Valley Properties Private Limited | ₹67.26 Cr (FY 2024) | •••• | •••• | 56152.0% | •••• | Bangalore, Karnataka, India |
| VH Township Private Limited | ₹67.26 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
| Wallfort Properties Private Limited | ₹67.24 Cr (FY 2025) | •••• | •••• | 212.0% | •••• | Raipur, Chhattisgarh, India |
| Sushma Buildtech Limited | ₹67.21 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Chandigarh, India |
| Mindset Estates Private Limited this company | ₹67.21 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Rio Heights Private Limited | ₹67.2 Cr (FY 2022) | •••• | •••• | 80186.0% | •••• | Delhi, India |
| Pebbleworks Real Estates Private Limited | ₹67.15 Cr (FY 2025) | •••• | •••• | 195.0% | •••• | Mumbai, Maharashtra, India |
| Arch Infra Properties Private Limited | ₹67.12 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Kolklata, West Bengal, India |
| Singals Buildwell (India)Limited. | ₹67.04 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Rohan Housing Private Limited | ₹67.03 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mindset Estates by revenue in the Real Estate industry (Builders and Developers), 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 Mindset Estates Private Limited
Mindset Estates Private Limited is audited by Anand A. Yadav & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Anand A. Yadav & Associates | 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 Mindset Estates Private Limited
Mindset Estates has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Soham Pratik Mehta Also directs: Eugine Buildcon LLP, Nanda Realties Private Limited, Alvera Realties Private Limited and 5 more | Director | 27 Mar 2025 | 1 Years 6 Months | Current |
| Rahul Rajesh Shah Also directs: Akarya Buildcon LLP, Eugine Buildcon LLP, Goldmines Luxespace Private Limited and 5 more | Director | 27 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Mindset Estates 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 Mindset Estates Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Others | ₹250 Cr | Open |
| 08 Dec 2023 | Others | ₹73.5 Lakh | Open |
| 16 May 2011 | 3I Infotech Trusteeship Services Limited | ₹200 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Mindset Estates Private Limited
Mindset Estates Private Limited has 12 court cases on record: 6 filed by Mindset Estates, 5 filed against it, 1 where it is another party. 4 cases are pending and 8 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 5 | 2 |
| District courts | 4 | 0 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Biyani Financial Services Private Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against Bdo India Limited Liability Partnership | Disposed |
| Bombay High Court | Company petition | Filed against the company by Sterling Pest Control Services Private Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LE) | Filed by the company against K Brands & ITES Private Limited | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 5 | Pending |
Full case history
All 12 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.
MSME Payment Delays by Mindset Estates Private Limited
Mindset Estates Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Conserve Consultants Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Mindset Estates Private Limited
Employment history and EPFO contributions of people linked to Mindset Estates.
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 Mindset Estates Private Limited
Mindset Estates Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Rahul Rajesh Shah ceased to be Additional Director on 29 Sep 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mindset Estates 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.
Subsidiaries & Group Companies of Mindset Estates 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 Mindset Estates Private Limited
Mindset Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM3426Q1Z0 | Maharashtra | 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 Mindset Estates 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 Mindset Estates Private Limited
Mindset Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 January 2008 (18+ years old) and is registered under CIN U45202MH2008PTC177318.
Mindset Estates reported revenue of ₹67.21 Cr for FY 2025 (down 60% YoY).
Mindset Estates has 2 current directors:
- Soham Pratik Mehta - Director
- Rahul Rajesh Shah - Director
Mindset Estates reported a net profit of ₹7.23 Cr (net margin 10.8%) and EBITDA of ₹29.05 Cr (EBITDA margin 43.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindset Estates is -36% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 60%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindset Estates is 27AAFCM3426Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mindset Estates is U45202MH2008PTC177318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindset Estates has 12 court cases on record: 6 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.
Mindset Estates was incorporated on 03 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mindset Estates by revenue are Ijm Raintree Park Private Limited, Indus Valley Properties Private Limited, VH Township Private Limited, Wallfort Properties Private Limited, Sushma Buildtech Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Rahul Rajesh Shah ceased to be Additional Director on 29 Sep 2025. Soham Pratik Mehta ceased to be Additional Director on 29 Sep 2025. Rahul Rajesh Shah was appointed as Director on 27 Mar 2025. Mindset Estates has 11 board changes on record in total.
Mindset Estates has 2 MSME Form 1 returns on record between 2018 and 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 May 2019.