About Mindspright Technologies Private Limited
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Mindspright Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC361629. Its GSTIN is 27AAOCM6552A1ZF (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors Aditya Himmat Bhansali and Umesh Madanlal Prajapati.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.65 Cr (net margin -126%) and EBITDA of -₹1.55 Cr (EBITDA margin -118.8%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sherbazaar.com.
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- Registered Address714 7th Floor C Wing Trade World Tower Kamala Mills Compound, Senapati Bapat Marg Lower Parel West, Mumbai, Maharashtra, India – 400013
- 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 Mindspright Technologies Private Limited
The main business activity of Mindspright Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Mindspright Technologies Private Limited FY 2025 filings available
Mindspright Technologies Private Limited reported revenue of ₹1.31 Cr (up 444% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mindspright Technologies Private Limited
Revenue rose 444% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Mindspright Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹1.55 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.65 Cr | •••• | •••• |
| 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 Mindspright Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -118.8% | •••• | •••• |
| Net Profit Margin | -126% | •••• | •••• |
| 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 Mindspright Technologies are in the company report.
Financial statements from FY 2022
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 Mindspright Technologies Private Limited
Mindspright Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Gaming Portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blitzkriegxp Gaming India Private Limited | ₹1.44 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Panvel, Maharashtra, India |
| Fantasy Counsel Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Gamesfly Technologies Private Limited | ₹1.37 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Delhi, India |
| GXR India Private Limited | ₹1.35 Cr (FY 2024) | •••• | •••• | -73.0% | •••• | Chennai, Tamil Nadu, India |
| Zapak Digital Entertainment Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | 3959.0% | •••• | Mumbai, Maharashtra, India |
| Mindspright Technologies Private Limited this company | ₹1.31 Cr (FY 2024) | •••• | •••• | 444.0% | •••• | Mumbai, Maharashtra, India |
| 91Gamefi Private Limited | ₹1.3 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Nelamangala, Karnataka, India |
| Stoughton Street Tech Labs Private Limited | ₹1.22 Cr (FY 2023) | •••• | •••• | 35.0% | •••• | Mumbai, Maharashtra, India |
| GZL Networks Private Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Chennai, Tamil Nadu, India |
| Golive Games Studios Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Reels 'N' Dice Interactive Private Limited | ₹1.15 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mindspright Technologies by revenue in the Ecommerce and Internet industry (Gaming Portal), 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 Mindspright Technologies Private Limited
Mindspright Technologies Private Limited is audited by Priyavrat & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Priyavrat & 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 Mindspright Technologies Private Limited
Mindspright Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Himmat Bhansali | Director | 02 Feb 2022 | 4 Years 8 Months | Current |
| Umesh Madanlal Prajapati | Director | 23 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Mindspright 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 Mindspright Technologies Private Limited
Mindspright Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mindspright Technologies Private Limited
Mindspright Technologies Private Limited has a workforce of 0 employees as of Apr 05, 2024.
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 Mindspright Technologies Private Limited
Mindspright Technologies Private Limited has 7 board changes on record since 2021: 3 appointments and 4 cessations. The latest: Umesh Madanlal Prajapati ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Mindspright 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 Mindspright 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 Mindspright 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 Mindspright Technologies Private Limited
Mindspright Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM6552A1ZF | Maharashtra | Active | 12 Sep 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 Mindspright 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 Mindspright Technologies Private Limited
Mindspright Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 June 2021 (5+ years old) and is registered under CIN U72900MH2021PTC361629.
Mindspright Technologies reported revenue of ₹1.31 Cr for FY 2024 (up 444% YoY).
Mindspright Technologies has 2 current directors:
- Aditya Himmat Bhansali - Director
- Umesh Madanlal Prajapati - Director
Mindspright Technologies reported a net loss of ₹1.65 Cr (net margin -126%) and EBITDA of -₹1.55 Cr (EBITDA margin -118.8%) for FY 2024, as per its filed financial statements.
The GSTIN of Mindspright Technologies is 27AAOCM6552A1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mindspright Technologies is U72900MH2021PTC361629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindspright Technologies was incorporated on 04 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mindspright Technologies by revenue are Blitzkriegxp Gaming India Private Limited, Fantasy Counsel Private Limited, Gamesfly Technologies Private Limited, GXR India Private Limited, Zapak Digital Entertainment Limited and 5 more, all in the Ecommerce and Internet industry (Gaming Portal).
Umesh Madanlal Prajapati ceased to be Additional Director on 29 Sep 2025. Himmat Chand Bhansali ceased to be Director on 05 Feb 2025. Umesh Madanlal Prajapati was appointed as Director on 23 Jan 2025. Mindspright Technologies has 7 board changes on record in total.
Yes, Mindspright Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Mindspright Technologies can be reached through the website sherbazaar.com. Its registered office is in Mumbai, Maharashtra, India.