About Mindshift Applications & Solutions Private Limited
Data last updated:
Mindshift Applications & Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC059019. Its GSTIN is 29AAHCM2672C3ZF (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjay Mehrotra and Rashmi Mehrotra.
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 1103 11th Floor Embassy Haven B Block Rt Nagar 2nd Block, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.43 Lakh, a growth of 93% compared to the previous year. For the same year it recorded a net loss of ₹27.6 Lakh (net margin -167.9%) and EBITDA of -₹27.39 Lakh (EBITDA margin -166.6%). Revenue has grown at a compounded annual rate (CAGR) of 157% over three years.
The company is associated with 1 brand: Mind Shift.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindshift.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1103 11th Floor Embassy Haven B Block Rt Nagar 2nd Block, Bangalore, Karnataka, India – 560032
- 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 Mindshift Applications & Solutions Private Limited
The main business activity of Mindshift Applications & Solutions 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 Mindshift Applications & Solutions Private Limited FY 2025 filings available
Mindshift Applications & Solutions Private Limited reported revenue of ₹16.43 Lakh (up 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mindshift Applications & Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 157% over three years, including 93% growth in the latest year. EBITDA fell 375% 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 Mindshift Applications & 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 | -₹27.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27.6 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mindshift Applications & Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -166.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -167.9% | •••• | •••• | •••• | •••• |
| 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 Mindshift Applications & 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 Mindshift Applications & Solutions Private Limited
Mindshift Applications & Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Royalcorp Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Maitriai Private Limited | •••• | •••• | •••• | •••• | - | Borivali West, Maharashtra, India |
| Xbuild Software Private Limited | •••• | •••• | •••• | •••• | - | Elamkulam, Kerala, India |
| Viancca Products (OPC) Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Spardhin Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Mindshift Applications & Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Kentech Informatics (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Advaytech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Patiala, Punjab, India |
| Apparent Infotech Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Xform Labs Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Narsons Innovations Private Limited | •••• | •••• | •••• | •••• | - | Jalandhar City, Punjab, India |
Peers are the five companies nearest above and the five nearest below Mindshift Applications & Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Mindshift Applications & Solutions Private Limited
Mindshift Applications & Solutions Private Limited is audited by R A K C H A M P S & CO LLP for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R A K C H A M P S & CO LLP | 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 Mindshift Applications & Solutions Private Limited
Mindshift Applications & Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Mehrotra | Director | 04 Sep 2015 | 11 Years 1 Months | Current |
| Rashmi Mehrotra | Director | 07 Jun 2011 | 15 Years 4 Months | Current |
| Mohit Mehrotra | Director | 30 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Mindshift Applications & 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 Mindshift Applications & Solutions Private Limited
Mindshift Applications & Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Mindshift Applications & Solutions Private Limited
Mindshift Applications & Solutions operates one associated brand: Mind Shift. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a mobile platform for corporate training and development. | mindshift.co.in |
Employees and EPFO Compliance at Mindshift Applications & Solutions Private Limited
Employment history and EPFO contributions of people linked to Mindshift Applications & Solutions.
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 Mindshift Applications & Solutions Private Limited
Mindshift Applications & Solutions Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Mohit Mehrotra ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Mindshift Applications & 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 Mindshift Applications & 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 Mindshift Applications & 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 Mindshift Applications & Solutions Private Limited
Mindshift Applications & Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM2672C3ZF | Karnataka | Active | 04 Mar 2021 |
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 Mindshift Applications & 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 Mindshift Applications & Solutions Private Limited
Mindshift Applications & Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 June 2011 (15+ years old) and is registered under CIN U72900KA2011PTC059019.
Mindshift Applications & Solutions reported revenue of ₹16.43 Lakh for FY 2025 (up 93% YoY).
Mindshift Applications & Solutions has 3 current directors:
- Sanjay Mehrotra - Director
- Rashmi Mehrotra - Director
- Mohit Mehrotra - Director
Mindshift Applications & Solutions reported a net loss of ₹27.6 Lakh (net margin -167.9%) and EBITDA of -₹27.39 Lakh (EBITDA margin -166.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindshift Applications & Solutions is 157% over three years. In the latest year (FY 2025) revenue rose 93%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindshift Applications & Solutions is 29AAHCM2672C3ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mindshift Applications & Solutions is U72900KA2011PTC059019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindshift Applications & Solutions was incorporated on 07 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mindshift Applications & Solutions by revenue are Royalcorp Technologies Private Limited, Maitriai Private Limited, Xbuild Software Private Limited, Viancca Products (OPC) Private Limited, Spardhin Solutions Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Mohit Mehrotra ceased to be Additional Director on 29 Sep 2024. Mohit Mehrotra was appointed as Director on 30 Mar 2024. Kumaraswamy Nallampatti Ekambaram ceased to be Director on 24 Jun 2017. Mindshift Applications & Solutions has 5 board changes on record in total.
Mindshift Applications & Solutions can be reached through the website mindshift.co.in. Its registered office is in Bangalore, Karnataka, India.