About Mindspring Advisors Private Limited
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Mindspring Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2004PTC146203. Its GSTIN is 27AADCM9012E1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nutan Rishikesh Shintre and Rishikesh Shrikant Shintre.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 704 Vakratunda Corporate Park Vishweshwar Nagar Off Aarey Road Goregaon (E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.13 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹14.49 Lakh (net margin -24.9%) and EBITDA of -₹12.53 Lakh (EBITDA margin -21.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 2% over five years.
The company is associated with 1 brand: Mindspring.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindspringadvisors.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address704 Vakratunda Corporate Park Vishweshwar Nagar Off Aarey Road Goregaon (E), Mumbai, Maharashtra, India – 400063
- 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 Mindspring Advisors Private Limited
The main business activity of Mindspring Advisors is professional, scientific and technical activities. 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 activities | 74 | 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 Mindspring Advisors Private Limited FY 2025 filings available
Mindspring Advisors Private Limited reported revenue of ₹58.13 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mindspring Advisors Private Limited
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 131% 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 Mindspring Advisors 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 | -₹12.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.49 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 Mindspring Advisors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.9% | •••• | •••• | •••• | •••• |
| 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 Mindspring Advisors 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 Mindspring Advisors Private Limited
Mindspring Advisors Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting 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 |
|---|---|---|---|---|---|---|
| Quartel Consulting Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Mitra Risk Management Services Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Pathfront Consulting Services Private Limited | •••• | •••• | •••• | •••• | - | Bannergatta, Karnataka, India |
| Career Cube Management Private Limited | •••• | •••• | •••• | •••• | - | Goregaon East, Maharashtra, India |
| CM Securities Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mindspring Advisors Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Digipledge Consulting Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| F.A.A.T Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Jodhpur, Rajasthan, India |
| Teknic Elevators PPG Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Scriptlife Services Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Kindred Financial Services Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Mindspring Advisors by revenue in the Outsourcing industry (Consulting 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 Mindspring Advisors Private Limited
Mindspring Advisors Private Limited is audited by S R GOKHALE & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R GOKHALE & 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 Mindspring Advisors Private Limited
Mindspring Advisors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nutan Rishikesh Shintre Also directs: H-Farm Digital Media (I) Private Limited | Director | 28 Jul 2012 | 14 Years 2 Months | Current |
| Rishikesh Shrikant Shintre | Director | 11 May 2004 | 22 Years 4 Months | Current |
Ownership and Shareholding of Mindspring Advisors 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 Mindspring Advisors Private Limited
Mindspring Advisors Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Mindspring Advisors Private Limited
Mindspring Advisors operates one associated brand: Mindspring. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advisory services in transactions, business consulting, and industrial support in India. | mindspring.co.in |
Employees and EPFO Compliance at Mindspring Advisors Private Limited
Employment history and EPFO contributions of people linked to Mindspring Advisors.
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 Mindspring Advisors Private Limited
Mindspring Advisors Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Deepa Ajit Kaval ceased to be Director on 28 Jul 2012.
Credit Ratings, Litigation & Regulatory Alerts for Mindspring Advisors 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 Mindspring Advisors 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 Mindspring Advisors 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 Mindspring Advisors Private Limited
Mindspring Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM9012E1ZP | 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 Mindspring Advisors 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 Mindspring Advisors Private Limited
Mindspring Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 May 2004 (22+ years old) and is registered under CIN U74140MH2004PTC146203.
Mindspring Advisors reported revenue of ₹58.13 Lakh for FY 2025 (down 51% YoY).
Mindspring Advisors has 2 current directors:
- Nutan Rishikesh Shintre - Director
- Rishikesh Shrikant Shintre - Director
Mindspring Advisors reported a net loss of ₹14.49 Lakh (net margin -24.9%) and EBITDA of -₹12.53 Lakh (EBITDA margin -21.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindspring Advisors is -14% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindspring Advisors is 27AADCM9012E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mindspring Advisors is U74140MH2004PTC146203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindspring Advisors was incorporated on 11 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mindspring Advisors by revenue are Quartel Consulting Private Limited, Mitra Risk Management Services Private Limited, Pathfront Consulting Services Private Limited, Career Cube Management Private Limited, CM Securities Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Deepa Ajit Kaval ceased to be Director on 28 Jul 2012. Nutan Rishikesh Shintre was appointed as Director on 28 Jul 2012. Rishikesh Shrikant Shintre was appointed as Director on 11 May 2004.
Mindspring Advisors can be reached through the website mindspringadvisors.com. Its registered office is in Mumbai, Maharashtra, India.