Mindstec Distribution Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Bangalore North, Karnataka, India, established in 2007.

2007 Bangalore North, Karnataka, India Active

Last Updated: December 30, 2025

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About Mindstec Distribution Private Limited

Mindstec Distribution Private Limited, a active private limited company, was established on 27 November 2007 in Bangalore North, Karnataka, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U32107KA2007PTC044488. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 23 professional, Its leadership includes Nanjundappa Sabarishan (Director), Syed Wahab Abdul (Director), Manasa (Director). Past directors included Prakash Venkatraman Duravasalu, Nanjundappa Sabarishan, Manasa. It holds ₹47.99 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No 5M-645, Banaswadi Village, Ombr Layout, Near Chaya Hospital, Bangalore North, Karnataka, 560043.

Company Details

CIN/LLPIN
U32107KA2007PTC044488
Registration Number
044488
Incorporation Date
27 November 2007
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 30-12-2025
Paid Up Capital ₹ 0.10 M as on 30-12-2025
Company Age 18 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 47.99 Cr as on 30-12-2025
Revenue Growth **** 66.19% (FY 2023)
Profit Growth **** 74.17% (FY 2023)
Ebitda **** -84.88% (FY 2023)
Net Worth 82.50% (FY 2023)
Total Assets **** 49.72% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Mindstec Distribution Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mindstec Distribution Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nanjundappa Sabarishan	Director	13 Jun 2018	Current
Syed Wahab Abdul	Director	27 Nov 2007	Current
Manasa	Director	14 Mar 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	14 Mar 2014	Past
Pramod Abcsdd	Additional Director	19 Sep 2018	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past

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Financial Performance of Mindstec Distribution.

Mindstec Distribution Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.19% increase. The company also saw a substantial improvement in profitability, with a 74.17% increase in profit. The company's net worth Soared by an impressive increase of 82.5%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

66.19%

*******

Revenue from Operations

*******

65.07%

*******

Total Assets

*******

49.72%

*******

Profit or Loss

*******

74.17%

*******

Net Worth

*******

82.50%

*******

EBITDA

*******

-84.88%

*******

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What is the Ownership and Shareholding Structure of Mindstec Distribution?

In 2023, Mindstec Distribution had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹479,949,747.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 47.99 Cr

Latest Charge Details

Date	Lender	Amount	Status
19 Oct 2024	Hdfc Bank Limited	₹2.70 M	Open
29 Aug 2024	Hdfc Bank Limited	₹13.50 Cr	Open
23 Jan 2023	Hdfc Bank Limited	₹1.73 M	Open
31 Dec 2022	Hdfc Bank Limited	₹1.46 M	Open
28 Dec 2022	Hdfc Bank Limited	₹6.82 M	Open

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How Many Employees Work at Mindstec Distribution?

Mindstec Distribution has a workforce of 23 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mindstec Distribution, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mindstec Distribution's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mindstec Distribution

Recent Activity within the Organization

Charges

Progress on A charge with Hdfc Bank Limited of Rs. 330.00 M registered on 21 Mar 2022 with Charge ID 100550508 was modified on 17 Mar 2025. was documented.
17 Mar 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 2.70 M with Charge ID 101029010 was registered on 19 Oct 2024. was recorded as a recent event.
19 Oct 2024
Annual General Meeting

Progress on Mindstec Distribution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 135.00 M with Charge ID 100991734 was registered on 29 Aug 2024. was documented.
29 Aug 2024
Balance Sheet

The activity Mindstec Distribution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.
31 Mar 2024
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 1.73 M with Charge ID 100722815 was registered on 23 Jan 2023. was documented.
23 Jan 2023

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