Startup India Government of India
Mindstay Assets Management Private Limited
Mindstay Assets Management Private Limited - internet in Bengaluru, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2022
₹86.55 Lakh
Latest filing
Net profit · FY 2022
₹25,467
Net margin 0.3%
EBITDA · FY 2022
₹34,417
EBITDA margin 0.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Brands
2
Associated brands
About Mindstay Assets Management Private Limited
Data last updated:
Mindstay Assets Management Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 05 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65990KA2020PTC141893.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Bhaganna Mahadeo Fulari and Shashikant Aravind Mule.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 1856/15 20th Cross 21st Main Road Vijayanagar, Bengaluru, Karnataka, India – 560040.
As per the financials filed for FY 2022, the company reported a revenue of ₹86.55 Lakh. For the same year it recorded a net profit of ₹25,467 (net margin 0.3%) and EBITDA of ₹34,417 (EBITDA margin 0.4%).
The company is associated with 2 brands: Mindstay Group and MindStay. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Company details
CIN U65990KA2020PTC141893
Registration Number 141893
Incorporation Date 05 December 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Mindstay Assets Management
Contact details
Mindstay Assets Management Private Limited's registered office is in Bengaluru, Karnataka.
- Registered AddressNo 1856/15 20th Cross 21st Main Road Vijayanagar, Bengaluru, Karnataka, India – 560040
- IndustryInternet, Online Financial Services
Comprehensive company report
Mindstay Assets Management 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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Brands
Mindstay Assets Management operates two associated brands: Mindstay Group and MindStay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides investment guidance, IT solutions, and services in technology and real estate. | mindstaybusiness.com | |
| Functions as an online platform for alternative investments for individuals. | mindstay.in |
Business activity
The main business activity of Mindstay Assets Management is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Mindstay Assets Management Private Limited, buy the company report.
Financials of Mindstay Assets Management Private Limited
FY 2022 filings availableMindstay Assets Management Private Limited reported revenue of ₹86.55 Lakh for FY 2022.
Revenue · FY 2022
₹86.55 Lakh
Net profit · FY 2022
₹25,467 margin 0.3%
EBITDA · FY 2022
₹34,417 margin 0.4%
Financial Statement Summary
| Metrics | 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 | ₹34,417 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹25,467 | |
| 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
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.4% | |
| Net Profit Margin | 0.3% | |
| 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 Mindstay Assets Management Private Limited, buy the company report.
Board of directors of Mindstay Assets Management Private Limited
Mindstay Assets Management has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaganna Mahadeo Fulari | Director | 05 Dec 2020 | 5 Years 11 Months | Current |
| Shashikant Aravind Mule Also directs: Airgigafiber Net Service Private Limited | Director | 28 Aug 2021 | 5 Years 2 Months | Current |
Legal cases
Mindstay Assets Management Private Limited has 2 court cases on record: 1 filed by Mindstay Assets Management, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Mindstay Assets Management Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mindstay Assets Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mindstay Assets Management Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mindstay Assets Management Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Gadekar Sravanthi ceased to be Director on 30 Aug 2024.
Ceased
Gadekar Sravanthi ceased to be Director.
AGM
Mindstay Assets Management Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Mindstay Assets Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Ravindra Kisan Kute ceased to be Managing Director.
Appointed
Shashikant Aravind Mule was appointed as Director.
Appointed
Bhaganna Mahadeo Fulari was appointed as Director.
Incorporation
05 Dec 2020
Mindstay Assets Management Private Limited was registered on 05 Dec 2020 with Roc Bangalore & aged 5 years 11 months as per MCA records.
Frequently asked questions
Mindstay Assets Management is an active private limited company based in Bengaluru, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 05 December 2020 (6+ years old) and is registered under CIN U65990KA2020PTC141893.
Mindstay Assets Management has 2 current directors:
- Bhaganna Mahadeo Fulari - Director
- Shashikant Aravind Mule - Director
The latest financial statements of Mindstay Assets Management on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Mindstay Assets Management is U65990KA2020PTC141893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindstay Assets Management has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Mindstay Assets Management was incorporated on 05 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Gadekar Sravanthi ceased to be Director on 30 Aug 2024. Ravindra Kisan Kute ceased to be Managing Director on 31 Aug 2021. Shashikant Aravind Mule was appointed as Director on 28 Aug 2021. Mindstay Assets Management has 4 board changes on record in total.
Yes, Mindstay Assets Management is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Mindstay Assets Management is at No 185615 20th Cross 21st Main Road Vijayanagar, Bengaluru, Karnataka, India – 560040.
Mindstay Assets Management operates in the internet industry, in the online financial services segment.
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