Mindlogicx Infotech Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2002PLC030851 Incorporated 02 August 2002 ROC Bangalore HQ Bangalore, Karnataka, India
Active Public Limited Company information technology
Data last updated
Revenue · FY 2024
₹24.33 Cr
▲ 62% YoY
Net loss · FY 2024
₹13.54 Lakh
Net margin -0.6%
EBITDA · FY 2024
₹5.82 Cr
EBITDA margin 23.9%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8.5 Cr
Issued & subscribed
Open charges
₹9.95 Cr
Satisfied ₹22.66 Cr
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings

About Mindlogicx Infotech Limited

Data last updated:

Mindlogicx Infotech Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Mindlogicx Singapore Pte Ltd. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 02 August 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2002PLC030851. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.5 Cr. It is led by directors including Suresh Elangovan (Managing Director) and Srijith Siddarth Palliyal.

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 Unit – 1 Techllano10/1 – B Graphite India Road Hoodi Village K R Puram Hobli, Bangalore, Karnataka, India – 560008.

As per the financials filed for FY 2024, the company reported a revenue of ₹24.33 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹13.54 Lakh (net margin -0.6%) and EBITDA of ₹5.82 Cr (EBITDA margin 23.9%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 1% over five years.

The company is associated with 1 brand: Mindlogicx. As per MCA filings, the company has open charges of ₹9.95 Cr and satisfied charges of ₹22.66 Cr on record. Court records list 48 cases involving the company, including 17 filed by the company and 31 filed against it; 2 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹22 Cr; the latest was in August 2008.

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

Company details

CIN U72900KA2002PLC030851
Registration Number 030851
Incorporation Date 02 August 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mindlogicx Singapore Pte Ltd
Compliance Status Active Compliant

CIN history

Mindlogicx Infotech has one previous CIN (Corporate Identification Number): U72900KA2002PTC030851. The current CIN is U72900KA2002PLC030851, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900KA2002PLC030851Current
U72900KA2002PTC030851Previous

Contact details

Mindlogicx Infotech Limited's registered office is in Bangalore, Karnataka. Its website is mindlogicx.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Unit – 1 Techllano10/1 – B Graphite India Road Hoodi Village K R Puram Hobli, Bangalore, Karnataka, India – 560008
  • Industry
    Information Technology, Database Management & Solutions

To see the full contact details of Mindlogicx Infotech Limited, buy the company report.

Comprehensive company report
Mindlogicx Infotech 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

Mindlogicx Infotech operates one associated brand: Mindlogicx. Each brand links to its own profile.

BrandDescriptionWebsite
AI-powered platforms for assessment and learning are provided.mindlogicx.com

Business activity

The main business activity of Mindlogicx Infotech is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

Financials of Mindlogicx Infotech Limited

FY 2025 filings available

Mindlogicx Infotech Limited reported revenue of ₹24.33 Cr (up 62% YoY) for FY 2024.

Revenue · FY 2024
₹24.33 Cr ▲ 62%
Net loss · FY 2024
₹13.54 Lakh margin -0.6%
EBITDA · FY 2024
₹5.82 Cr margin 23.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 40%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 641%
3 years · compounded
▲ 53%
5 years · compounded
▼ 1%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 62% growth in the latest year. EBITDA rose 641% 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₹5.82 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13.54 Lakh
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 Margin23.9%
Net Profit Margin-0.6%
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 Mindlogicx Infotech Limited, buy the company report.

Board of directors of Mindlogicx Infotech Limited

Mindlogicx Infotech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh ElangovanManaging Director01 Apr 200422 Years 7 MonthsCurrent
Kunal MondalAdditional Director02 Jul 20251 Years 4 MonthsCurrent
Srijith Siddarth PalliyalDirector03 Nov 20179 Years 0 MonthsCurrent

Auditor

Mindlogicx Infotech Limited is audited by B R PRASAD AND CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
B R PRASAD AND COFY 2018013931S

Shareholding

The shareholding of Mindlogicx Infotech Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mindlogicx Infotech Limited, buy the company report.

Charges & borrowings

Open charges
₹9.95 Cr
Satisfied charges
₹22.66 Cr
Breakdown by lending institutions
Dena Bank₹9.95 Cr
Uco Bank₹9.35 Cr
Karnataka State Financial Corporation₹2.10 Cr
Synidcate Bank₹1.26 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Mar 201310413429Dena Bank₹9.95 CrSatisfied
24 Jun 200580062361Uco Bank₹1.5 CrSatisfied
24 Jun 200590194628Uco Bank₹7.85 CrSatisfied
30 Dec 200490192935Synidcate Bank₹16 LakhSatisfied
16 Aug 200490195796Synidcate Bank₹1.1 CrSatisfied

To see the full charge records of Mindlogicx Infotech Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Mindlogicx Infotech Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹22 Cr; the latest was in August 2008.

Total deals
5
Secondary share transfers
3
Funding rounds
2
Disclosed funding
₹22 Cr

Deals on record (3 of 5)

WhenDealAmountParties
Mar 2008Secondary share transferUndisclosedSeller: an individual
Mar 2007Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 3 individuals
Sep 2006Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual

To see the full deal history of Mindlogicx Infotech Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Group structure & subsidiaries

Mindlogicx Infotech has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Mindlogicx Infotech Limited has 1 active EPFO establishment as of Apr 03, 2024.

Active EPFO establishments
1

GST

Mindlogicx Infotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Mindlogicx Infotech Limited, buy the company report.

Recent activity

Mindlogicx Infotech Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Somanath Rao Konaje ceased to be Director on 10 Sep 2025.

Charges
A charge registered on 05 Mar 2013 via Charge ID 10413429 with Dena Bank was fully satisfied on 15 Oct 2025.
AGM
Mindlogicx Infotech Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Somanath Rao Konaje ceased to be Director.
Appointed
Kunal Mondal was appointed as Additional Director.
Filing
Mindlogicx Infotech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Srijith Siddarth Palliyal ceased to be Additional Director.
Ceased
Elangovan Chitra ceased to be Director.
Appointed
Srijith Siddarth Palliyal was appointed as Director.
Charges
A charge with Dena Bank amounted to Rs. 9.95 Cr with Charge ID 10413429 was registered on 05 Mar 2013.
Charges
A charge registered on 24 Jun 2005 via Charge ID 80062361 with Uco Bank was fully satisfied on 17 Mar 2011.
Charges
A charge registered on 24 Jun 2005 via Charge ID 90194628 with Uco Bank was fully satisfied on 17 Mar 2011.
Charges
A charge registered on 09 Mar 2004 via Charge ID 80061112 with Karnataka State Financial Corporation was fully satisfied on 19 Oct 2010.

14 earlier events are in the company report.

Frequently asked questions

Mindlogicx Infotech is an active public limited company based in Bangalore, Karnataka, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 02 August 2002 (24+ years old) and is registered under CIN U72900KA2002PLC030851.

Mindlogicx Infotech has 3 current directors:

The latest financial statements of Mindlogicx Infotech 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.

No. Mindlogicx Infotech has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Mindlogicx Infotech is U72900KA2002PLC030851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mindlogicx Infotech has 48 court cases on record: 17 filed by the company and 31 filed against it. 2 are pending. Most are in the district courts.

Mindlogicx Infotech was incorporated on 02 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.

Mindlogicx Infotech has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹22 Cr; the latest was in August 2008.

Somanath Rao Konaje ceased to be Director on 10 Sep 2025. Kunal Mondal was appointed as Additional Director on 02 Jul 2025. Srijith Siddarth Palliyal ceased to be Additional Director on 29 Sep 2018. Mindlogicx Infotech has 7 board changes on record in total.

Mindlogicx Infotech can be reached through the website mindlogicx.com. Its registered office is in Bangalore, Karnataka, India.