About Mindset Software Technologies Private Limited
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Mindset Software Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2013PTC094165.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.3 Lakh. It is led by directors Prakash Mohan and Prasad Mohan Kumar.
Its last annual general meeting (AGM) was held on 11 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.42 2nd Floor 5th Street Porur Garden Phase I Vanagaram, Chennai, Tamil Nadu, India – 600095.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.87 Lakh, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹11.39 Lakh (net margin 19.3%) and EBITDA of ₹11.89 Lakh (EBITDA margin 20.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dbugging.com.
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- Registered AddressNo.42 2nd Floor 5th Street Porur Garden Phase I Vanagaram, Chennai, Tamil Nadu, India – 600095
- IndustryInformation Technology, IT Consulting & 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 Mindset Software Technologies Private Limited
The main business activity of Mindset Software Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Software Technologies Private Limited FY 2024 filings available
Mindset Software Technologies Private Limited reported revenue of ₹58.87 Lakh (up 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mindset Software Technologies Private Limited
Revenue rose 95% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 508% 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 Software Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.39 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Mindset Software Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| 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 Software Technologies 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 Software Technologies Private Limited
Mindset Software Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and 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 |
|---|---|---|---|---|---|---|
| SMG Financial Consultants Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Cynops Software Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Anuveg Solis Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Cyberpride Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Yousufguda, Telangana, India |
| Sparkium Technologies Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| Mindset Software Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Shandilya Softech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Helpful Balance India Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| 4G Information Technologies Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| 3G Infranetworks Private Limited | •••• | •••• | •••• | •••• | - | Panvel, Maharashtra, India |
| Swot Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Mindset Software Technologies by revenue in the Information Technology industry (IT Consulting and 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 Mindset Software Technologies Private Limited
Mindset Software Technologies Private Limited is audited by GANAPATHY SWAMINATHAN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GANAPATHY SWAMINATHAN | 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 Software Technologies Private Limited
Mindset Software Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Mohan | Director | 13 Dec 2013 | 12 Years 9 Months | Current |
| Prasad Mohan Kumar | Director | 13 Dec 2013 | 12 Years 9 Months | Current |
Ownership and Shareholding of Mindset Software Technologies 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 Software Technologies Private Limited
Mindset Software Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mindset Software Technologies Private Limited
Employment history and EPFO contributions of people linked to Mindset Software Technologies.
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 Software Technologies Private Limited
Mindset Software Technologies Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Prakash Mohan was appointed as Director on 13 Dec 2013.
Credit Ratings, Litigation & Regulatory Alerts for Mindset Software Technologies 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 Mindset Software Technologies 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 Mindset Software Technologies 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 Software Technologies Private Limited
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 Software Technologies 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 Software Technologies Private Limited
Mindset Software Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 December 2013 (13+ years old) and is registered under CIN U72900TN2013PTC094165.
Mindset Software Technologies reported revenue of ₹58.87 Lakh for FY 2024 (up 95% YoY).
Mindset Software Technologies has 2 current directors:
- Prakash Mohan - Director
- Prasad Mohan Kumar - Director
Mindset Software Technologies reported a net profit of ₹11.39 Lakh (net margin 19.3%) and EBITDA of ₹11.89 Lakh (EBITDA margin 20.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindset Software Technologies is 22% over three years and -4% over five years. In the latest year (FY 2024) revenue rose 95%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Mindset Software Technologies is U72900TN2013PTC094165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindset Software Technologies was incorporated on 13 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mindset Software Technologies by revenue are SMG Financial Consultants Private Limited, Cynops Software Private Limited, Anuveg Solis Private Limited, Cyberpride Software Solutions Private Limited, Sparkium Technologies Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Prakash Mohan was appointed as Director on 13 Dec 2013. Prasad Mohan Kumar was appointed as Director on 13 Dec 2013.
Mindset Software Technologies can be reached through the website dbugging.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Mindset Software Technologies is at No.42 2nd Floor 5th Street Porur Garden Phase I Vanagaram, Chennai, Tamil Nadu, India – 600095.