Mindsprings (India) Private Limited

Mindsprings (India) Private Limited - business outsourcing in Chandigarh, India. FY 2026 financials & compliance.
CIN U51900CH2006PTC029696 Incorporated 13 February 2006 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company business outsourcing MSME · Micro
Revenue · FY 2024
₹4.81 Cr
▲ 26% YoY
Net profit · FY 2024
₹5.85 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹24.7 Lakh
EBITDA margin 5.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹1.02 Cr
Satisfied ₹71 Lakh
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings

About Mindsprings (India) Private Limited

Data last updated:

Mindsprings (India) Private Limited is a private limited company based in Chandigarh, India. It operates in the legal process outsourcing segment of the business process outsourcing sector. It was incorporated on 13 February 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51900CH2006PTC029696. Its GSTIN is 04AAECM5712C1Z1 (Chandigarh).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Kartikeya Singh and Dhananjay Singh.

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 House 1393 Sector 33C, Chandigarh, India – 160033.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.81 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.85 Lakh (net margin 1.2%) and EBITDA of ₹24.7 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 29% over five years.

As per MCA filings, the company has open charges of ₹1.02 Cr and satisfied charges of ₹71 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

Mindsprings (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0000492). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51900CH2006PTC029696
Registration Number 029696
Incorporation Date 13 February 2006
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-CH-01-0000492

CIN history

Mindsprings (India) has one previous CIN (Corporate Identification Number): U45202CH2006PTC029696. The current CIN is U51900CH2006PTC029696, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51900CH2006PTC029696Current
U45202CH2006PTC029696Previous
Key People
Kartikeya Singh Director Dhananjay Singh Director

Recognitions & Rankings of Mindsprings (India)

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-CH-01-0000492

Contact details

Mindsprings (India) Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    House 1393 Sector 33C, Chandigarh, India – 160033
  • Industry
    Business Outsourcing, Legal Process Outsourcing

To see the full contact details of Mindsprings (India) Private Limited, buy the company report.

Comprehensive company report
Mindsprings (India) Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Mindsprings (India) is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Mindsprings (India) Private Limited, buy the company report.

Financials of Mindsprings (India) Private Limited

FY 2025 filings available

Mindsprings (India) Private Limited reported revenue of ₹4.81 Cr (up 26% YoY) for FY 2024.

Revenue · FY 2024
₹4.81 Cr ▲ 26%
Net profit · FY 2024
₹5.85 Lakh margin 1.2%
EBITDA · FY 2024
₹24.7 Lakh margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 17%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 25%
5 years · compounded
▼ 9%

Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 26% growth in the latest year. EBITDA fell 33% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹24.7 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.85 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.1%
Net Profit Margin1.2%
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

To see the full financial statements and ratios of Mindsprings (India) Private Limited, buy the company report.

Board of directors of Mindsprings (India) Private Limited

Mindsprings (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kartikeya Singh
Also directs: Boho Salon LLP, Boho Holdings Private Limited
Director01 Aug 20197 Years 3 MonthsCurrent
Dhananjay Singh
Also directs: Boho Salon LLP, Boho Holdings Private Limited
Director30 Jan 20206 Years 9 MonthsCurrent
View all directors

Auditor

Mindsprings (India) Private Limited is audited by SANJEEV SHARMA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANJEEV SHARMA & ASSOCIATESFY 2023012326N

Shareholding

The shareholding of Mindsprings (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mindsprings (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.02 Cr
Satisfied charges
₹71 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹1.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Apr 2025101101636Hdfc Bank Limited₹29.55 LakhOpen
29 Aug 2024100991405Hdfc Bank Limited₹45 LakhOpen
26 May 2023100761296Hdfc Bank Limited₹14.05 LakhOpen
13 Apr 2022100567488Hdfc Bank Limited₹13.5 LakhOpen
04 Jul 201510588843Punjab National Bank₹50 LakhSatisfied

To see the full charge records of Mindsprings (India) Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mindsprings (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mindsprings (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
04AAECM5712C1Z1ChandigarhActive12 Oct 2019

To see the full GST registrations and return filing status of Mindsprings (India) Private Limited, buy the company report.

Recent activity

Mindsprings (India) Private Limited has 10 board changes on record since 2006: 6 appointments and 4 cessations. The latest: Dhananjay Singh was appointed as Director on 30 Jan 2020.

AGM
Mindsprings (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 29.55 Lakh with Charge ID 101101636 was registered on 15 Apr 2025.
Filing
Mindsprings (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Lakh with Charge ID 100991405 was registered on 29 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.05 Lakh with Charge ID 100761296 was registered on 26 May 2023.
Charges
A charge registered on 04 Jul 2015 via Charge ID 10588843 with Punjab National Bank was fully satisfied on 20 Oct 2022.
Charges
A charge registered on 01 Nov 2013 via Charge ID 10459551 with Punjab National Bank was fully satisfied on 20 Oct 2022.
Charges
A charge registered on 22 Mar 2013 via Charge ID 10422101 with Punjab National Bank was fully satisfied on 20 Oct 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.50 Lakh with Charge ID 100567488 was registered on 13 Apr 2022.
Appointed
Dhananjay Singh was appointed as Director.
Ceased
Navneet Singh ceased to be Director.
Appointed
Kartikeya Singh was appointed as Director.

11 earlier events are in the company report.

Frequently asked questions

Mindsprings (India) is an active private limited company based in Chandigarh, India. The company works in legal process outsourcing, within the business outsourcing industry. It was incorporated on 13 February 2006 (20+ years old) and is registered under CIN U51900CH2006PTC029696.

Mindsprings (India) has 2 current directors:

The latest financial statements of Mindsprings (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mindsprings (India) is 04AAECM5712C1Z1, registered in Chandigarh.

The CIN (Corporate Identification Number) of Mindsprings (India) is U51900CH2006PTC029696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mindsprings (India) has 1 court case on record: 1 filed against it.

Mindsprings (India) was incorporated on 13 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.

Dhananjay Singh was appointed as Director on 30 Jan 2020. Navneet Singh ceased to be Director on 30 Jan 2020. Kartikeya Singh was appointed as Director on 01 Aug 2019. Mindsprings (India) has 10 board changes on record in total.

Yes, Mindsprings (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-CH-01-0000492).

The registered office of Mindsprings (India) is at House 1393 Sector 33C, Chandigarh, India – 160033.