About Mindsquare Technologies (India) Private Limited
Data last updated:
Mindsquare Technologies (India) Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC063723. Its GSTIN is 29AAHCM9753A1Z9 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors including Sanjay Ramachandra Nayak and Balakumar Vijayendran.
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 1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.38 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹17.31 Lakh (net margin 1.4%) and EBITDA of ₹27.69 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindsquaretech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1st Floor Gopala Krishna Complex Residency Road, Bengaluru, Karnataka, India – 560025
- 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 Mindsquare Technologies (India) Private Limited
The main business activity of Mindsquare Technologies (India) is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Mindsquare Technologies (India) Private Limited FY 2025 filings available
Mindsquare Technologies (India) Private Limited reported revenue of ₹12.38 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mindsquare Technologies (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 25% growth in the latest year. EBITDA rose 116% 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 Mindsquare Technologies (India) 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 | ₹27.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.31 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 Mindsquare Technologies (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Mindsquare Technologies (India) 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 Mindsquare Technologies (India) Private Limited
Mindsquare Technologies (India) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Escriba I-G Tech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Voxtbv India Private Limited | •••• | •••• | •••• | •••• | 14 | Bangalore, Karnataka, India |
| Logix Net Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Arthya Tech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Mazik Tech Solutions Private Limited | •••• | •••• | •••• | •••• | 95 | Hyderabad, Telangana, India |
| Mindsquare Technologies (India) Private Limited this company | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Cloudinsta24 Services Private Limited | •••• | •••• | •••• | •••• | - | Kothrud, Pune, Maharashtra, India |
| Clickonik Digital Media Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Easy Spirit Enterprises Private Limited | •••• | •••• | •••• | •••• | 33 | Mumbai, Maharashtra, India |
| Angular Minds Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Spotqa India Private Limited | •••• | •••• | •••• | •••• | 33 | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mindsquare Technologies (India) by revenue in the same principal business activity (Other information & communication service activities), 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 Mindsquare Technologies (India) Private Limited
Mindsquare Technologies (India) Private Limited is audited by D.H.UDANI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D.H.UDANI & 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 Mindsquare Technologies (India) Private Limited
Mindsquare Technologies (India) 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 |
|---|---|---|---|---|
| Sanjay Ramachandra Nayak | Director | 26 Apr 2012 | 14 Years 5 Months | Current |
| Balakumar Vijayendran | Director | 26 Apr 2012 | 14 Years 5 Months | Current |
| Vaishali Bansal Prasad | Director | 01 Jun 2013 | 13 Years 4 Months | Current |
Ownership and Shareholding of Mindsquare Technologies (India) 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 Mindsquare Technologies (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2018 | Hdfc Bank Limited | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Mindsquare Technologies (India) Private Limited
Mindsquare Technologies (India) Private Limited has 1 court case on record: 1 filed by Mindsquare Technologies (India). All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
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 Mindsquare Technologies (India) Private Limited
Mindsquare Technologies (India) Private Limited has a workforce of 159 employees as of Apr 04, 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 Mindsquare Technologies (India) Private Limited
Mindsquare Technologies (India) Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Vaishali Bansal Prasad ceased to be Additional Director on 23 Sep 2013.
Credit Ratings, Litigation & Regulatory Alerts for Mindsquare Technologies (India) 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 Mindsquare Technologies (India) 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 Mindsquare Technologies (India) 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 Mindsquare Technologies (India) Private Limited
Mindsquare Technologies (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM9753A1Z9 | 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 Mindsquare Technologies (India) 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 Mindsquare Technologies (India) Private Limited
Mindsquare Technologies (India) is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 April 2012 (14+ years old) and is registered under CIN U72200KA2012PTC063723.
Mindsquare Technologies (India) reported revenue of ₹12.38 Cr for FY 2025 (up 25% YoY).
Mindsquare Technologies (India) has 3 current directors:
- Sanjay Ramachandra Nayak - Director
- Balakumar Vijayendran - Director
- Vaishali Bansal Prasad - Director
Mindsquare Technologies (India) reported a net profit of ₹17.31 Lakh (net margin 1.4%) and EBITDA of ₹27.69 Lakh (EBITDA margin 2.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mindsquare Technologies (India) is 11% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mindsquare Technologies (India) is 29AAHCM9753A1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Mindsquare Technologies (India) is U72200KA2012PTC063723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindsquare Technologies (India) has 1 court case on record: 1 filed by the company.
Mindsquare Technologies (India) was incorporated on 26 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mindsquare Technologies (India) by revenue are Escriba I-G Tech Private Limited, Voxtbv India Private Limited, Logix Net Solutions Private Limited, Arthya Tech Solutions Private Limited, Mazik Tech Solutions Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Vaishali Bansal Prasad ceased to be Additional Director on 23 Sep 2013. Vaishali Bansal Prasad was appointed as Director on 01 Jun 2013. Balakumar Vijayendran was appointed as Director on 26 Apr 2012. Mindsquare Technologies (India) has 4 board changes on record in total.