About Mindspace Software Technologies Private Limited
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Mindspace Software Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2015PTC261005. Its GSTIN is 27AAJCM5799G1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vishwanath Shivram Borkar and Swati Sunil Badle.
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 B 204 Keshav Kunj II Plot No. 3 Sector 15 Palm Beach Road Sanpada, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.57 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹6.2 Lakh (net margin -8.2%) and EBITDA of -₹4.86 Lakh (EBITDA margin -6.4%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 11% over five years.
Court records list 1 case involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindspacetech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB 204 Keshav Kunj II Plot No. 3 Sector 15 Palm Beach Road Sanpada, Navi Mumbai, Maharashtra, India – 400705
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Mindspace Software Technologies Private Limited
The main business activity of Mindspace Software Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Mindspace Software Technologies Private Limited FY 2025 filings available
Mindspace Software Technologies Private Limited reported revenue of ₹75.57 Lakh (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mindspace Software Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 14% fall in the latest year. EBITDA fell 155% 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 Mindspace Software Technologies 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 | -₹4.86 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.2 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 Mindspace Software Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.2% | •••• | •••• | •••• | •••• |
| 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 Mindspace 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 Mindspace Software Technologies Private Limited
Mindspace Software Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trishla Engineering Private Limited | ₹75.74 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Delhi, India |
| Carboncubes Technology (India) Private Limited | ₹75.71 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Srirangam, Tamil Nadu, India |
| Unique Creations Software India Private Limited | ₹75.7 Lakh (FY 2024) | •••• | •••• | 115.0% | •••• | Bangalore, Karnataka, India |
| Futurrizon Technologies Private Limited | ₹75.7 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | Ahmedabad, Gujarat, India |
| Lifio Software Services India Private Limited | ₹75.66 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Mindspace Software Technologies Private Limited this company | ₹75.57 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Navi Mumbai, Maharashtra, India |
| TBL International Limited | ₹75.49 Lakh (FY 2024) | •••• | •••• | -59.0% | •••• | New Delhi, Delhi, India |
| Biztran Solutions Private Limited | ₹75.41 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Microflair Technologies and IT Services Private Limited | ₹75.39 Lakh (FY 2020) | •••• | •••• | -14.0% | •••• | Bareilly, Uttar Pradesh, India |
| Aahlaad Software Private Limited | ₹75.32 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Touch Logic Technologies Private Limited | ₹75.31 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Tirunelveli, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Mindspace Software Technologies by revenue in the Information Technology industry (Application Development), 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 Mindspace Software Technologies Private Limited
Mindspace Software Technologies Private Limited is audited by J J Ganatra & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J J Ganatra & Co | 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 Mindspace Software Technologies Private Limited
Mindspace Software Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanath Shivram Borkar | Director | 16 Jan 2015 | 11 Years 8 Months | Current |
| Swati Sunil Badle | Director | 22 Dec 2016 | 9 Years 9 Months | Current |
| Sanjay Bhiva Bhorde Also directs: Reachify Solutions LLP | Director | 16 Jan 2015 | 11 Years 8 Months | Current |
Ownership and Shareholding of Mindspace 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 Mindspace Software Technologies Private Limited
Mindspace Software Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Mindspace Software Technologies Private Limited
Mindspace Software Technologies Private Limited has 1 court case on record: 1 where it is another party. All case is pending. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Company is another party | Pending |
Full case history
All 1 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.
Employees and EPFO Compliance at Mindspace Software Technologies Private Limited
Employment history and EPFO contributions of people linked to Mindspace 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.
News related to Mindspace Software Technologies Private Limited
Recent Activity on Mindspace Software Technologies Private Limited
Mindspace Software Technologies Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Swati Sunil Badle was appointed as Director on 22 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Mindspace 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 Mindspace 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 Mindspace 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 Mindspace Software Technologies Private Limited
Mindspace Software Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM5799G1ZT | 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 Mindspace 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 Mindspace Software Technologies Private Limited
Mindspace Software Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 January 2015 (11+ years old) and is registered under CIN U72900MH2015PTC261005.
Mindspace Software Technologies reported revenue of ₹75.57 Lakh for FY 2025 (down 14% YoY).
Mindspace Software Technologies has 3 current directors:
- Vishwanath Shivram Borkar - Director
- Swati Sunil Badle - Director
- Sanjay Bhiva Bhorde - Director
Mindspace Software Technologies reported a net loss of ₹6.2 Lakh (net margin -8.2%) and EBITDA of -₹4.86 Lakh (EBITDA margin -6.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindspace Software Technologies is -23% over three years and -11% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindspace Software Technologies is 27AAJCM5799G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mindspace Software Technologies is U72900MH2015PTC261005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindspace Software Technologies has 1 court case on record. 1 is pending.
Mindspace Software Technologies was incorporated on 16 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mindspace Software Technologies by revenue are Trishla Engineering Private Limited, Carboncubes Technology (India) Private Limited, Unique Creations Software India Private Limited, Futurrizon Technologies Private Limited, Lifio Software Services India Private Limited and 5 more, all in the Information Technology industry (Application Development).
Swati Sunil Badle was appointed as Director on 22 Dec 2016. Sanjay Bhiva Bhorde was appointed as Director on 16 Jan 2015. Vishwanath Shivram Borkar was appointed as Director on 16 Jan 2015.