About Mindlogicx Infratec Limited
Data last updated:
Mindlogicx Infratec Limited is a public limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the edtech solutions segment of the education sector. It was incorporated on 28 July 2010.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PLC054598. Its GSTIN is 29AADCT5561H1Z2 (Karnataka).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.95 Cr. It was formerly known as Mindlogicx Infratec Private Limited and Techllano Infotech Private Limited. It is led by directors including Suresh Elangovan (Managing Director) and Bhuvaneshwari Ramanathan (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Unit – 1 Techllano 10/1 – B Graphite India Road Hoodi Village K R Puram Hobli, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.46 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹3.95 Lakh (net margin 0.2%) and EBITDA of ₹4.01 Cr (EBITDA margin 22.9%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 6% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mindlogicx. As per MCA filings, the company has open charges of ₹11.32 Cr and satisfied charges of ₹35.97 Cr on record. Court records list 81 cases involving the company, including 36 filed by the company and 45 filed against it; 6 cases are pending.
The last known website on record is mindlogicx.com.
Company details
Name history
Mindlogicx Infratec has undergone 2 name changes throughout its history. The company was previously known as Mindlogicx Infratec Private Limited, and Techllano Infotech Private Limited. The current legal name is Mindlogicx Infratec Limited.
| Company Name | Status |
|---|---|
| Mindlogicx Infratec Limited | Current |
| Mindlogicx Infratec Private Limited | Previous |
| Techllano Infotech Private Limited | Previous |
CIN history
Mindlogicx Infratec has one previous CIN (Corporate Identification Number): U72200KA2010PTC054598. The current CIN is U72200KA2010PLC054598, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2010PLC054598 | Current |
| U72200KA2010PTC054598 | Previous |
Contact details
Mindlogicx Infratec Limited's registered office is in Bangalore, Karnataka. Its website is mindlogicx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit – 1 Techllano 10/1 – B Graphite India Road Hoodi Village K R Puram Hobli, Bangalore, Karnataka, India – 560048
- IndustryEducation, EdTech Solutions
To see the full contact details of Mindlogicx Infratec Limited, buy the company report.
- 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
Brands
Mindlogicx Infratec operates one associated brand: Mindlogicx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered platforms for assessment and learning are provided. | mindlogicx.com |
Financials of Mindlogicx Infratec Limited
FY 2022 filings availableMindlogicx Infratec Limited reported revenue of ₹17.46 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 28% fall in the latest year. EBITDA fell 33% 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 | ₹4.01 Cr | ||||
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| Net Profit (PAT) | ₹3.95 Lakh | ||||
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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 | 22.9% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Mindlogicx Infratec Limited, buy the company report.
Board of directors of Mindlogicx Infratec Limited
Mindlogicx Infratec has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Elangovan | Managing Director | 28 Jul 2010 | 16 Years 2 Months | As last reported |
| Bhuvaneshwari Ramanathan | Irp/Rp/Liquidator | 18 Mar 2024 | 2 Years 7 Months | As last reported |
| Kunal Mondal | Director | 04 Feb 2017 | 9 Years 8 Months | As last reported |
| Srijith Siddarth Palliyal Also directs: Mindlogicx Infotech Limited | Director | 15 Jun 2013 | 13 Years 4 Months | As last reported |
Auditor
Mindlogicx Infratec Limited is audited by Babu Rao and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Babu Rao and Associates | FY 2022 | 015044S |
Shareholding
The shareholding of Mindlogicx Infratec Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mindlogicx Infratec Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2013 | 10433918 | Corporation Bank | ₹11.32 Cr | Open | |
| 05 Mar 2013 | 10413430 | Others | ₹12.97 Cr | Satisfied | |
| 22 Mar 2011 | 10283922 | Hdfc Bank Limited | ₹23 Cr | Satisfied |
To see the full charge records of Mindlogicx Infratec Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mindlogicx Infratec Limited has 81 court cases on record: 36 filed by Mindlogicx Infratec, 45 filed against it. 6 cases are pending and 75 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 28 | 2 |
| High courts | 37 | 16 | 4 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by E Mind First Logics Pvt. Ltd. - Dhruvkumar M. Shah | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by E Mind First Logics Pvt. Ltd. - Dhruvkumar M. Shah | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed against the company by Benir E-Store Solutions Private Limited | Disposed |
| High Court | Writ petition | Filed by the company against M/S Futuretek Esolutions India Private Limited and 2 others | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Yatra Online Private _Limited | Disposed |
To see the full case history of Mindlogicx Infratec 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
Mindlogicx Infratec Limited has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Futuretek Esolutions India Private Limited | |||
| Rihbs Solutions LLP |
To see the full MSME payment records of Mindlogicx Infratec Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mindlogicx Infratec Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Mindlogicx Infratec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCT5561H1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mindlogicx Infratec Limited, buy the company report.
Recent activity
Mindlogicx Infratec Limited has 16 board changes on record since 2010: 4 appointments and 12 cessations. The latest: Bhuvaneshwari Ramanathan was appointed as Irp/Rp/Liquidator on 18 Mar 2024.
14 earlier events are in the company report.
News
Frequently asked questions
Mindlogicx Infratec is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Mindlogicx Infratec is a company under insolvency, formerly operating as a public limited company based in Bangalore, Karnataka, India. The company works in edtech solutions, within the education industry. It was incorporated on 28 July 2010 and is registered under CIN U72200KA2010PLC054598. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mindlogicx Infratec has 4 current directors:
- Suresh Elangovan - Managing Director
- Kunal Mondal - Director
- Srijith Siddarth Palliyal - Director
- Bhuvaneshwari Ramanathan - Irp/Rp/Liquidator
The latest financial statements of Mindlogicx Infratec on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mindlogicx Infratec is U72200KA2010PLC054598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mindlogicx Infratec has open charges of ₹11.32 Cr and satisfied charges of ₹35.97 Cr as per latest MCA filings.
Mindlogicx Infratec has 81 court cases on record: 36 filed by the company and 45 filed against it. 6 are pending. Most are in the district courts.
Mindlogicx Infratec was incorporated on 28 July 2010. It is registered with the Registrar of Companies, Bangalore.
Bhuvaneshwari Ramanathan was appointed as Irp/Rp/Liquidator on 18 Mar 2024. Vasudevan Raghavan ceased to be Director on 11 Mar 2019. Kunal Mondal ceased to be Additional Director on 23 Sep 2017. Mindlogicx Infratec has 16 board changes on record in total.
Mindlogicx Infratec has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 May 2019.
Mindlogicx Infratec can be reached through the website mindlogicx.com. Its registered office is in Bangalore, Karnataka, India.