Mindwave Healthcare Private Limited

Mindwave Healthcare Private Limited - pharma in Delhi, India. FY 2026 financials & compliance.
CIN U24232DL2012PTC245468 Incorporated 30 November 2012 ROC Delhi HQ Delhi, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹17.97 Cr
▲ 3% YoY
Net profit · FY 2024
₹2.13 Cr
Net margin 11.8%
EBITDA · FY 2024
₹2.99 Cr
EBITDA margin 16.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Mindwave Healthcare Private Limited

Data last updated:

Mindwave Healthcare Private Limited is a private limited company based in Delhi, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 November 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24232DL2012PTC245468. Its GSTIN is 07AAICM3031A1Z3 (Delhi). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishal Lakhra and Ashish Kaushish.

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 Hall No. 2 Basement Plot No 1A, Block – E Mangolpuri Industrial Area Phase – II, Delhi, India – 110034.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.97 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.13 Cr (net margin 11.8%) and EBITDA of ₹2.99 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.

As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 32 cases involving the company, including 6 filed by the company and 26 filed against it; 2 cases are pending.

Mindwave Healthcare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0054426). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24232DL2012PTC245468
Registration Number 245468
Incorporation Date 30 November 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0054426
Key People
Vishal Lakhra Director Ashish Kaushish Director

Recognitions & Rankings of Mindwave Healthcare

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-08-0054426

Contact details

Mindwave Healthcare Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Hall No. 2 Basement Plot No 1A, Block – E Mangolpuri Industrial Area Phase – II, Delhi, India – 110034
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Mindwave Healthcare Private Limited, buy the company report.

Comprehensive company report
Mindwave Healthcare 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 Mindwave Healthcare is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ2Medical and dental practice, Nursing, pathology, blood bank services, etc.

To see the full business activity and turnover split of Mindwave Healthcare Private Limited, buy the company report.

Financials of Mindwave Healthcare Private Limited

FY 2025 filings available

Mindwave Healthcare Private Limited reported revenue of ₹17.97 Cr (up 3% YoY) for FY 2024.

Revenue · FY 2024
₹17.97 Cr ▲ 3%
Net profit · FY 2024
₹2.13 Cr margin 11.8%
EBITDA · FY 2024
₹2.99 Cr margin 16.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 10%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 85%
5 years · compounded
▲ 62%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 3% growth in the latest year. EBITDA fell 5% 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₹2.99 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.13 Cr
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 Margin16.7%
Net Profit Margin11.8%
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 Mindwave Healthcare Private Limited, buy the company report.

Board of directors of Mindwave Healthcare Private Limited

Mindwave Healthcare has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vishal LakhraDirector28 Nov 20232 Years 11 MonthsCurrent
Ashish Kaushish
Also directs: Brainwave Healthcare Private Limited, Kedar Ayurveda Private Limited, Aitus Healthcare Limited
Director01 Apr 20215 Years 7 MonthsCurrent
View all directors

Auditor

Mindwave Healthcare Private Limited is audited by SACHDEVA BAGGA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SACHDEVA BAGGA & ASSOCIATESFY 2023017557N

Shareholding

The shareholding of Mindwave Healthcare Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Mindwave Healthcare Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.5 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹3.00 Cr
Hdfc Bank Limited₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Feb 2026101240911State Bank of India₹3 CrOpen
05 Nov 2020100423634Hdfc Bank Limited₹50 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

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

GST

Mindwave Healthcare has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAICM3031A1Z3DelhiActive01 Jul 2017
05AAICM3031A1Z7UttarakhandActive05 Feb 2021

To see the full GST registrations and return filing status of Mindwave Healthcare Private Limited, buy the company report.

Recent activity

Mindwave Healthcare Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Vishal Lakhra ceased to be Additional Director on 29 Sep 2024.

Charges
A charge with State Bank Of India amounted to Rs. 300.00 Lakh with Charge ID 101240911 was registered on 11 Feb 2026.
AGM
Mindwave Healthcare Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mindwave Healthcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Vishal Lakhra ceased to be Additional Director.
Appointed
Vishal Lakhra was appointed as Director.
Ceased
Ashish Kaushish ceased to be Additional Director.
Appointed
Ashish Kaushish was appointed as Director.
Ceased
Parveen Kumar ceased to be Director.
Ceased
Vimal Mehta ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100423634 was registered on 05 Nov 2020.
Ceased
Ashwani Kumar Sain ceased to be Director.
Ceased
Ramesh Kumar ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Mindwave Healthcare is an active private limited company based in Delhi, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 November 2012 (14+ years old) and is registered under CIN U24232DL2012PTC245468.

Mindwave Healthcare has 2 current directors:

The latest financial statements of Mindwave Healthcare 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 Mindwave Healthcare is 07AAICM3031A1Z3, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 05AAICM3031A1Z7 (Uttarakhand).

The CIN (Corporate Identification Number) of Mindwave Healthcare is U24232DL2012PTC245468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mindwave Healthcare has 32 court cases on record: 6 filed by the company and 26 filed against it. 2 are pending. Most are in the district courts.

Mindwave Healthcare was incorporated on 30 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.

Vishal Lakhra ceased to be Additional Director on 29 Sep 2024. Vishal Lakhra was appointed as Director on 28 Nov 2023. Ashish Kaushish ceased to be Additional Director on 30 Nov 2021. Mindwave Healthcare has 8 board changes on record in total.

Yes, Mindwave Healthcare is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0054426).

The registered office of Mindwave Healthcare is at Hall No. 2 Basement Plot No 1A, Block – E Mangolpuri Industrial Area Phase – II, Delhi, India – 110034.