Mine Solutions Private Limited
About Mine Solutions Private Limited
Data last updated:
Mine Solutions Private Limited was a private limited company based in Kanpur, Uttar Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 21 November 2011.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U74120UP2011PTC047544.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rising Cricket (India) Private Limited. It was led by directors Harshita Singh and Ajay Vikram Singh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 39/1 Kesha Colony Azadnagar, Kanpur, Uttar Pradesh, India – 208002.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.47 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1,188 (net margin 0.5%) and EBITDA of ₹6,702 (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 23% over five years.
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- Registered Address39/1 Kesha Colony Azadnagar, Kanpur, Uttar Pradesh, India – 208002
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 of Mine Solutions Private Limited
The main business activity of Mine Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Mine Solutions Private Limited FY 2021 filings available
Mine Solutions Private Limited reported revenue of ₹2.47 Lakh (down 21% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Mine Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 21% fall in the latest year. EBITDA fell 19% 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 Mine Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹6,702 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,188 | •••• | •••• | •••• | •••• |
| 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 Mine Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Mine Solutions 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 Mine Solutions Private Limited
Mine Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| The Red Hash Private Limited | •••• | •••• | •••• | •••• | - | Puducherry, Pondicherry, India |
| Bluegem IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Meritsquad Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Bident Technologies Private Limited | •••• | •••• | •••• | •••• | - | Trivandrum, Kerala, India |
| Brrsoftwares Systems Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Mine Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| Firespark Solutions Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Vencent Systems Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Fluxfed Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kozhikkode, Kerala, India |
| Vonflix Technologies Private Limited | •••• | •••• | •••• | •••• | - | Haryana, India |
| M A D Angles Technocracy Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mine Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Mine Solutions Private Limited
Mine Solutions Private Limited is audited by SRIVASTAVA S & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRIVASTAVA S & 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 Mine Solutions Private Limited
Mine Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshita Singh | Director | 01 Jan 2021 | 5 Years 9 Months | As last reported |
| Ajay Vikram Singh | Additional Director | 11 Sep 2018 | 8 Years 0 Months | As last reported |
Ownership and Shareholding of Mine Solutions 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 Mine Solutions Private Limited
Mine Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mine Solutions Private Limited
Employment history and EPFO contributions of people linked to Mine Solutions.
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 Mine Solutions Private Limited
Mine Solutions Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Harshita Singh was appointed as Director on 01 Jan 2021.
Credit Ratings, Litigation & Regulatory Alerts for Mine Solutions 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 Mine Solutions 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 Mine Solutions 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 Mine Solutions Private Limited
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 Mine Solutions 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 Mine Solutions Private Limited
Mine Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mine Solutions was a private limited company based in Kanpur, Uttar Pradesh, India. The company worked in computer programming, within the information technology industry. It was incorporated on 21 November 2011 and is registered under CIN U74120UP2011PTC047544. The company has been struck off by the Registrar of Companies and is no longer operational.
Mine Solutions had 2 directors:
- Harshita Singh - Director
- Ajay Vikram Singh - Additional Director
The CIN (Corporate Identification Number) of Mine Solutions is U74120UP2011PTC047544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mine Solutions is at 391 Kesha Colony Azadnagar, Kanpur, Uttar Pradesh, India – 208002.
Mine Solutions was incorporated on 21 November 2011. It is registered with the Registrar of Companies, Kanpur.
Mine Solutions reported revenue of ₹2.47 Lakh for FY 2021 (down 21% YoY).
Mine Solutions has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Mine Solutions reported a net profit of ₹1,188 (net margin 0.5%) and EBITDA of ₹6,702 (EBITDA margin 2.7%) for FY 2021, as per its filed financial statements.
Mine Solutions operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
The compounded annual growth rate (CAGR) of the revenue of Mine Solutions is -29% over three years and -23% over five years. In the latest year (FY 2021) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.