MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0003718
Mindswift Ideas Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.7 Cr
▲ 306% YoY
Net loss · FY 2025
₹2.61 Cr
Net margin -153.9%
EBITDA · FY 2025
-₹2.38 Cr
EBITDA margin -140.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Mindswift Ideas Private Limited
Data last updated:
Mindswift Ideas 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 27 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92312MH2009PTC196694. Its GSTIN is 27AAGCM2422B2ZZ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as M4U Molecule Technologies & Services Private Limited and Mindsweep Technology and Solutions Private Limited. It is led by directors Vineet Govardhan Prasad Shah and Suvendu Nayak.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.61 Cr (net margin -153.9%) and EBITDA of -₹2.38 Cr (EBITDA margin -140.3%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 13% over five years.
The company is associated with 1 brand: Mindsweep Ideas. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Mindswift Ideas Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0003718). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindsweep.in.
Company details
CIN U92312MH2009PTC196694
Registration Number 196694
Incorporation Date 27 October 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0003718
Name history
Mindswift Ideas has undergone 3 name changes throughout its history. The company was previously known as M4u Molecule Technologies & Services Private Limited, Mindsweep Technology And Solutions Private Limited, and Mindswift Ideas Private Limited. The current legal name is Mindswift Ideas Private Limited.
| Company Name | Status |
|---|---|
| Mindswift Ideas Private Limited | Current |
| M4u Molecule Technologies & Services Private Limited | Previous |
| Mindsweep Technology And Solutions Private Limited | Previous |
CIN history
Mindswift Ideas has one previous CIN (Corporate Identification Number): U74999MH2009PTC196694. The current CIN is U92312MH2009PTC196694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U92312MH2009PTC196694 | Current |
| U74999MH2009PTC196694 | Previous |
Recognitions & Rankings of Mindswift Ideas
Contact details
Mindswift Ideas Private Limited's registered office is in Mumbai, Maharashtra. Its website is mindsweep.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 1302 13th Floor Plot 24 Raheja Centre, Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Mindswift Ideas Private Limited, buy the company report.
Comprehensive company report
Mindswift Ideas 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
Mindswift Ideas operates one associated brand: Mindsweep Ideas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial advisory and consulting services for SME and mid-size corporates. | mindsweep.in |
Business activity
The main business activity of Mindswift Ideas is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Mindswift Ideas Private Limited, buy the company report.
Financials of Mindswift Ideas Private Limited
FY 2024 filings availableMindswift Ideas Private Limited reported revenue of ₹1.7 Cr (up 306% YoY) for FY 2025.
Revenue · FY 2025
₹1.7 Cr ▲ 306%
Net loss · FY 2025
₹2.61 Cr margin -153.9%
EBITDA · FY 2025
-₹2.38 Cr margin -140.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 306%
3 years · compounded
▲ 60%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 289%
3 years · compounded
▼ 306%
5 years · compounded
▼ 58%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 306% growth in the latest year. EBITDA fell 289% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.38 Cr | ||||
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| Net Profit (PAT) | -₹2.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -140.3% | ||||
| Net Profit Margin | -153.9% | ||||
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To see the full financial statements and ratios of Mindswift Ideas Private Limited, buy the company report.
Board of directors of Mindswift Ideas Private Limited
Mindswift Ideas has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suvendu Nayak | Additional Director | 13 Jun 2025 | 1 Years 4 Months | Current |
| Vineet Govardhan Prasad Shah Also directs: Mindsweep Ventures LLP, Melstar Information Technologies Limited, Shivasons Solutions India Private Limited and 2 more | Director | 15 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Mindswift Ideas Private Limited is audited by SSRV & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSRV & ASSOCIATES | FY 2023 | 135901W |
Shareholding
The shareholding of Mindswift Ideas 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mindswift Ideas Private Limited, buy the company report.
Legal cases
Mindswift Ideas Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Orix Leasing and Financial Services India Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Orix Leasing and Financial Services | Disposed |
To see the full case history of Mindswift Ideas 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 Mindswift Ideas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mindswift Ideas has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM2422B2ZZ | Maharashtra | Active | 17 Aug 2020 |
To see the full GST registrations and return filing status of Mindswift Ideas Private Limited, buy the company report.
Recent activity
Mindswift Ideas Private Limited has 13 board changes on record since 2014: 2 appointments and 11 cessations. The latest: Lokesh Kumar Saroj ceased to be Additional Director on 17 Jun 2025.
Ceased
Lokesh Kumar Saroj ceased to be Additional Director.
Appointed
Suvendu Nayak was appointed as Additional Director.
AGM
Mindswift Ideas Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Govardhan Prasad Shah ceased to be Additional Director.
Filing
Mindswift Ideas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Suvendu Nayak ceased to be Additional Director.
Ceased
Ashok Kumar Srivastava ceased to be Additional Director.
Ceased
Sanjay Ramdhani Maurya ceased to be Director.
Ceased
Reena Shah Vineet ceased to be Additional Director.
Ceased
Vineet Govardhan Prasad Shah ceased to be Additional Director.
Ceased
Jagruti Kamlesh Joshi ceased to be Additional Director.
Appointed
Vineet Govardhan Prasad Shah was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Mindswift Ideas 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 27 October 2009 (17+ years old) and is registered under CIN U92312MH2009PTC196694.
Mindswift Ideas has 2 current directors:
- Suvendu Nayak - Additional Director
- Vineet Govardhan Prasad Shah - Director
The latest financial statements of Mindswift Ideas on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mindswift Ideas is 27AAGCM2422B2ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mindswift Ideas is U92312MH2009PTC196694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindswift Ideas has 3 court cases on record: 3 filed against it. 2 are pending.
Mindswift Ideas was incorporated on 27 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Lokesh Kumar Saroj ceased to be Additional Director on 17 Jun 2025. Suvendu Nayak was appointed as Additional Director on 13 Jun 2025. Govardhan Prasad Shah ceased to be Additional Director on 14 Aug 2024. Mindswift Ideas has 13 board changes on record in total.
Yes, Mindswift Ideas is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0003718).
Mindswift Ideas can be reached through the website mindsweep.in. Its registered office is in Mumbai, Maharashtra, India.