MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0007873
Mindset Estates Private Limited
Mindset Estates Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹67.21 Cr
▼ 60% YoY
Net profit · FY 2025
₹7.23 Cr
Net margin 10.8%
EBITDA · FY 2025
₹29.05 Cr
EBITDA margin 43.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹250.74 Cr
Satisfied ₹200 Cr
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
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 6 filed against it; 4 cases are pending.
Mindset Estates Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0007873). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45202MH2008PTC177318
Registration Number 177318
Incorporation Date 03 January 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0007873
Recognitions & Rankings of Mindset Estates
Contact details
Mindset Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Mindset Estates Private Limited, buy the company report.
Comprehensive company report
Mindset Estates 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 Mindset Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Mindset Estates Private Limited, buy the company report.
Financials of Mindset Estates Private Limited
FY 2024 filings availableMindset Estates Private Limited reported revenue of ₹67.21 Cr (down 60% YoY) for FY 2025.
Revenue · FY 2025
₹67.21 Cr ▼ 60%
Net profit · FY 2025
₹7.23 Cr margin 10.8%
EBITDA · FY 2025
₹29.05 Cr margin 43.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 36%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 428%
3 years · compounded
▲ 40%
5 years · compounded
▲ 10%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹29.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.23 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Mindset Estates Private Limited, buy the company report.
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.
Current Directors
| 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 |
Peer comparison
Mindset Estates Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indus Valley Properties Private Limited | ₹67.26 Cr (FY 2024) | 56152.0% | Bangalore, Karnataka, India | |||
| Sushma Buildtech Limited | ₹67.21 Cr (FY 2025) | -46.0% | Chandigarh, India | |||
| Mindset Estates Private Limitedthis company | ₹67.21 Cr (FY 2025) | ₹7.23 Cr | 10.8% | -60.0% | Mumbai, Maharashtra, 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 |
To see the full peer comparison of Mindset Estates Private Limited, buy the company report.
Auditor
Mindset Estates Private Limited is audited by Anand A. Yadav & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anand A. Yadav & Associates | FY 2023 | 137527W |
Shareholding
The shareholding of Mindset Estates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mindset Estates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹250.74 Cr
Satisfied charges
₹200 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101036731 | Others | ₹250 Cr | Open | |
| 08 Dec 2023 | 100855437 | Others | ₹73.5 Lakh | Open | |
| 16 May 2011 | 10290222 | 3I Infotech Trusteeship Services Limited | ₹200 Cr | Satisfied |
To see the full charge records of Mindset Estates Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mindset Estates Private Limited has 12 court cases on record: 6 filed by Mindset Estates, 6 filed against it. 4 cases are pending and 8 are disposed.
Total cases
12
Filed by the company
6
Filed against the company
6
Pending
4
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 6 | 2 |
| District courts | 4 | 0 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against K. Brands and ITES Pvt. Ltd. and 4 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Biyani Financial Services Pvt. Ltd. Mumbai-400063 and Anr | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Prince Pipes and Fittings Ltd (Formerly Known As Prince Pipes and Fittings Pvt Ltd) | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against The Ruby Mills Ltd and 1 other | Disposed |
| Bombay High Court | Company petition | Filed against the company by Sterling Pest Control Services Private Limited | Disposed |
To see the full case history of Mindset Estates Private Limited, buy the company report.
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
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 |
To see the full MSME payment records of Mindset Estates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mindset Estates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM3426Q1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mindset Estates Private Limited, buy the company report.
Recent activity
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.
Ceased
Rahul Rajesh Shah ceased to be Additional Director.
Ceased
Soham Pratik Mehta ceased to be Additional Director.
Appointed
Rahul Rajesh Shah was appointed as Director.
Appointed
Soham Pratik Mehta was appointed as Director.
Charges
A charge with Others amounted to Rs. 25,000.00 Lakh with Charge ID 101036731 was registered on 31 Dec 2024.
AGM
Mindset Estates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mindset Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 73.50 Lakh with Charge ID 100855437 was registered on 08 Dec 2023.
Ceased
Rohan Jitendra Mehta ceased to be Additional Director.
Ceased
Anuj Jitendra Mehta ceased to be Director.
Ceased
Damini Rajiv Javeri ceased to be Additional Director.
Charges
A charge registered on 16 May 2011 via Charge ID 10290222 with 3I Infotech Trusteeship Services Limited was fully satisfied on 24 May 2016.
6 earlier events are in the company report.
Frequently asked questions
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 has 2 current directors:
- Soham Pratik Mehta - Director
- Rahul Rajesh Shah - Director
The latest financial statements of Mindset Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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 6 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 Indus Valley Properties Private Limited, Sushma Buildtech Limited, Pebbleworks Real Estates Private Limited, Arch Infra Properties Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
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.
Yes, Mindset Estates is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0007873).
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.
The registered office of Mindset Estates is at 7th Floor Office No 7N, The Ruby 29 Senapati Bapat Marg Dadar W, Mumbai, Maharashtra, India – 400028.