Minerva Technology Solutions Limited

Minerva Technology Solutions Limited - information technology in New Delhi, Delhi, India. FY 2026 financials and compliance.
CIN U51109DL1997PLC090188 Incorporated 14 October 1997 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company information technology
Data last updated
Revenue · FY 2024
₹4.35 Cr
▲ 31.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.06 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
28
Latest available

About Minerva Technology Solutions Limited

Data last updated: 10 February 2026

Minerva Technology Solutions Limited is a public limited company based in New Delhi, Delhi, India. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 14 October 1997, the company has been in operation for over 29 years.

Registered with ROC Delhi under CIN U51109DL1997PLC090188.

Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. Formerly known as Shasun Consultants Limited. It is led by directors including Sudhir Kumar and Neetu Dhar.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 40 Lgf National Park Lajpat Nagar Part – Iv, New Delhi, Delhi, India – 110024.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.35 Cr, a growth of 31% compared to the previous year.

The company has a workforce of approximately 28 employees as per the latest available data.

The company is associated with 3 brands - Fxplus, Airanalytics, Vista Hr Pro. As per MCA filings, the company has open charges of ₹1.06 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minerva.in.

Company Details of Minerva Technology Solutions Limited
CIN U51109DL1997PLC090188
Registration Number 090188
Incorporation Date 14 October 1997
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
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    40 Lgf National Park Lajpat Nagar Part – Iv, New Delhi, Delhi, India – 110024
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Minerva Technology Solutions Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Minerva Technology Solutions Limited

Minerva Technology Solutions Limited operates multiple associated brands including FXPlus, AirAnalytics, and Vista HR Pro. These brands represent Minerva Technology Solutions Limited's diversified market presence and brand portfolio.

Brand Description Website
FXPlus offers end-to-end software for money exchange and forex management. fxplus.in
Offers product development, outsourcing, and analytics in finance and travel sectors. airanalytics.in
Web-based payroll management and HR tools are provided by Vista. vistahrpro.com

Competitors & Alternatives of Minerva Technology Solutions Limited

Brands and companies operating in the same space as Minerva Technology Solutions Limited include Payflow, Gusto, Earnin and 7 more.

Competitor Description Location Founded
Payflow Payflow Payflow is recognized as a financial wellness application for employees. Alcobendas, Spain, Spain 2020
Gusto Gusto Cloud-based HR and payroll solutions are offered for small businesses. San Francisco, United States, United States 2012
Earnin Earnin Real-time access to earned wages is provided fee-free. Palo Alto, United States, United States 2012
Paylocity Paylocity Cloud-based payroll and HR solutions are provided for businesses. Arlington Heights, United States, United States 1997
PagarBook PagarBook Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises Bengaluru, India, India 2018
Papaya Global Papaya Global Cloud-based payroll management solutions are offered for businesses. New York, United States, United States 2016
PayScale PayScale Payroll compensation management software is provided for businesses. Seattle, United States, United States 2002
Justworks Justworks Benefits administration and payroll management are provided for businesses. New York, United States, United States 2012
Ultimate Software Ultimate Software Cloud-based payroll and talent management software is offered to businesses. Weston, United States, United States 1990
Fable Fintech Fable Fintech End-to-end cross-border payment solutions are provided for businesses via SaaS. Mumbai, India, India 1999

Business Activity of Minerva Technology Solutions Limited

Minerva Technology Solutions Limited is engaged in the principal business activity of information and communication, with detailed activities including data processing, hosting and related activities; web portal.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J7 Data processing, hosting and related activities; web portal Locked
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Auditor Details of Minerva Technology Solutions Limited

Minerva Technology Solutions Limited is audited by KRISHAN KAUSHAL for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
KRISHAN KAUSHAL Locked Locked Locked
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Complete auditor history for Minerva Technology Solutions Limited

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Board of Directors of Minerva Technology Solutions Limited

Minerva Technology Solutions Limited is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Sudhir Kumar Director 01 Oct 2012 13 Years 10 Months Current
Neetu Dhar Director 15 Jun 2021 5 Years 2 Months Current
Pallikandath Balan Sunil Kumar Director 14 Oct 1997 28 Years 10 Months Current

Financials of Minerva Technology Solutions Limited FY 2025 filings available

Minerva Technology Solutions Limited reported revenue of ₹4.35 Cr (up 31.00% YoY) for FY 2024.

Revenue · FY 2024
₹4.35 Cr ▲ 31.00%
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Ownership and Shareholding of Minerva Technology Solutions Limited

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Shareholding and ownership data for Minerva Technology Solutions Limited

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Charges & Borrowings of Minerva Technology Solutions Limited

Open charges
₹1.06 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹1.00 Cr
Vijaya Bank₹0.06 Cr
Latest charge details
DateLenderAmountStatus
26 Aug 2025 Others ₹1 Cr Open
05 Feb 1999 Vijaya Bank ₹2 Lakh Open
20 Nov 1998 Vijaya Bank ₹4 Lakh Open

Total charge records: 3 View all charges

Employees and EPFO Compliance at Minerva Technology Solutions Limited

Minerva Technology Solutions Limited has a workforce of 28 employees as of Mar 28, 2024.

Employee count
28
Active EPFO establishments
1
Employee growth
12%
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Employee and EPFO history for Minerva Technology Solutions Limited

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GST Compliance of Minerva Technology Solutions Limited

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GST registrations and filing compliance for Minerva Technology Solutions Limited

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Credit Ratings, Litigation & Regulatory Alerts for Minerva Technology Solutions Limited

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Credit ratings, litigation, and regulatory alerts for Minerva Technology Solutions Limited

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MSME Payment Delays by Minerva Technology Solutions Limited

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MSME payment history for Minerva Technology Solutions Limited

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Subsidiaries & Group Companies of Minerva Technology Solutions Limited

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MCA Filings & Documents of Minerva Technology Solutions Limited

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MCA filings and documents for Minerva Technology Solutions Limited

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Recent Activity on Minerva Technology Solutions Limited

Activity
30 Sep 2025
Minerva Technology Solutions Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
26 Aug 2025
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101148285 was registered on 26 Aug 2025.
Activity
31 Mar 2025
Minerva Technology Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Directors
15 Jun 2021
Neetu Dhar was appointed as a Director on 15 Jun 2021 & has been associated with this company since 5 years 2 months.
Directors
01 Oct 2012
Sudhir Kumar was appointed as a Director on 01 Oct 2012 & has been associated with this company since 13 years 10 months.
Charges
05 Feb 1999
A charge with Vijaya Bank amounted to Rs. 2.00 Lakh with Charge ID 90047410 was registered on 05 Feb 1999.

Frequently Asked Questions about Minerva Technology Solutions Limited

Minerva Technology Solutions Limited is an active public limited company in the information technology sector based in New Delhi, Delhi, India. It was incorporated on 14 October 1997 (29+ years old) and is registered under CIN U51109DL1997PLC090188. The company has 28 employees.

Minerva Technology Solutions Limited reported revenue of ₹4.35 Cr for FY 2024 (up 31.00% YoY).

The current directors of Minerva Technology Solutions Limited are:

The primary industry of Minerva Technology Solutions Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.

Minerva Technology Solutions Limited can be reached at the registered office: 40 Lgf National Park Lajpat Nagar Part – Iv, New Delhi, Delhi, India – 110024, or through the website minerva.in.

The authorised capital is ₹5 Lakh, and the paid-up capital is ₹5 Lakh.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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