About Mindsphere Consulting Private Limited
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Mindsphere Consulting Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2012PTC063843. Its GSTIN is 29AAHCM9752B1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kamal Kumar Bansal and Sanjay Prasad.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.95 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹6.23 Lakh (net margin -3.2%) and EBITDA of -₹4.77 Lakh (EBITDA margin -2.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 41% over five years.
The company is associated with 1 brand: MindSphere Consulting. The company has 1 deal on record (1 acquisition); the latest was in August 2017. Its 10 peer companies in the Consumer Services industry (Professional Services) are compared by revenue, 5 larger and 5 smaller; the largest is Tao Architecture Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindsphereconsulting.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Mindsphere Consulting Private Limited
The main business activity of Mindsphere Consulting is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Mindsphere Consulting Private Limited FY 2024 filings available
Mindsphere Consulting Private Limited reported revenue of ₹1.95 Cr (down 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mindsphere Consulting Private Limited
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 112% 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 Mindsphere Consulting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹4.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.23 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 Mindsphere Consulting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 Mindsphere Consulting 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 Mindsphere Consulting Private Limited
Mindsphere Consulting Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional 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 |
|---|---|---|---|---|---|---|
| Tao Architecture Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Mvidyuta Mobility & Staffing Solutions Private Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Excel Environmental Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Petgully Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Drone Imaging & Information Services of Haryana Limited | •••• | •••• | •••• | •••• | - | Karnal, Haryana, India |
| Mindsphere Consulting Private Limited this company | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Reliance Interiors Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Insitu Design Studio (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Eurovolta Innovations Private Limited | •••• | •••• | •••• | •••• | - | Sadar Bazar, Haryana, India |
| Space Dot Private Limited | •••• | •••• | •••• | •••• | - | Kasaragod, Kerala, India |
| Srujana Designers Private Limited | •••• | •••• | •••• | •••• | - | Visakhapatnam, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mindsphere Consulting by revenue in the Consumer Services industry (Professional 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 Mindsphere Consulting Private Limited
Mindsphere Consulting Private Limited is audited by Chetan Nalwar & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chetan Nalwar & 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 Mindsphere Consulting Private Limited
Mindsphere Consulting has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kumar Bansal | Director | 03 May 2012 | 14 Years 5 Months | Current |
| Sanjay Prasad | Director | 26 Jul 2013 | 13 Years 2 Months | Current |
| Vaishali Bansal Prasad | Director | 03 May 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Mindsphere Consulting 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 Mindsphere Consulting Private Limited
Mindsphere Consulting Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Mindsphere Consulting Private Limited
Mindsphere Consulting Private Limited has 1 deal on record (1 acquisition); the latest was in August 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2017 | Acquisition | Undisclosed | Buyer: Applied Life Private Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Mindsphere Consulting Private Limited
Mindsphere Consulting operates one associated brand: MindSphere Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A management consulting firm providing mentoring and consulting services to startup entrepreneurs. | mindsphereconsulting.com |
Employees and EPFO Compliance at Mindsphere Consulting Private Limited
Employment history and EPFO contributions of people linked to Mindsphere Consulting.
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 Mindsphere Consulting Private Limited
Mindsphere Consulting Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Sanjay Prasad ceased to be Additional Director on 24 Sep 2013.
Credit Ratings, Litigation & Regulatory Alerts for Mindsphere Consulting 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 Mindsphere Consulting 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 Mindsphere Consulting 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 Mindsphere Consulting Private Limited
Mindsphere Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM9752B1Z8 | Karnataka | 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 Mindsphere Consulting 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 Mindsphere Consulting Private Limited
Mindsphere Consulting is an active private limited company based in Bengaluru, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 May 2012 (14+ years old) and is registered under CIN U74999KA2012PTC063843.
Mindsphere Consulting reported revenue of ₹1.95 Cr for FY 2024 (down 26% YoY).
Mindsphere Consulting has 3 current directors:
- Kamal Kumar Bansal - Director
- Sanjay Prasad - Director
- Vaishali Bansal Prasad - Director
Mindsphere Consulting reported a net loss of ₹6.23 Lakh (net margin -3.2%) and EBITDA of -₹4.77 Lakh (EBITDA margin -2.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindsphere Consulting is 6% over three years and 41% over five years. In the latest year (FY 2024) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindsphere Consulting is 29AAHCM9752B1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Mindsphere Consulting is U74999KA2012PTC063843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindsphere Consulting was incorporated on 03 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Mindsphere Consulting has 1 deal on record (1 acquisition); the latest was in August 2017.
The peers of Mindsphere Consulting by revenue are Tao Architecture Private Limited, Mvidyuta Mobility & Staffing Solutions Private Limited, Excel Environmental Technologies Private Limited, Petgully Services Private Limited, Drone Imaging & Information Services of Haryana Limited and 5 more, all in the Consumer Services industry (Professional Services).
Sanjay Prasad ceased to be Additional Director on 24 Sep 2013. Sanjay Prasad was appointed as Director on 26 Jul 2013. Kamal Kumar Bansal was appointed as Director on 03 May 2012. Mindsphere Consulting has 4 board changes on record in total.