Mynd Solutions Private Limited

Mynd Solutions Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74140DL2002PTC114073 Incorporated 01 February 2002 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company financial services MSME
Data last updated
Revenue · FY 2026
₹167.96 Cr
▲ 56% YoY
Net profit · FY 2026
₹20.11 Cr
Net margin 12%
EBITDA · FY 2026
₹38.06 Cr
EBITDA margin 22.7%
Authorised capital
₹97.76 Cr
Registered with MCA
Paid-up capital
₹77.64 Cr
Issued & subscribed
Open charges
₹70 Cr
Satisfied ₹20 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
222
Provident fund records

About Mynd Solutions Private Limited

Data last updated:

Mynd Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 February 2002 and has been in existence for over 24 years.

Its director Brijesh Agrawal is #1,055 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2002PTC114073. Its GSTIN is 07AADCM1046J1ZM (Delhi). The company holds 5 GST registrations, all of them active.

The company has an authorised share capital of ₹97.76 Cr and a paid-up capital of ₹77.64 Cr. It is led by directors including Sundeep Mohindru (Whole-Time Director) and Neeru Mohindru.

Its last annual general meeting (AGM) was held on 29 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at F – 83 East Of Kailash, New Delhi, Delhi, India – 110065.

As per the financials filed for FY 2026, the company reported a revenue of ₹167.96 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹20.11 Cr (net margin 12%) and EBITDA of ₹38.06 Cr (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 81% over five years.

The company has about 222 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 5 brands: M1NXT, MyndAPX, M1xchange, Mynd Fintech and Mynd Solutions. As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹20 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it. The company has 13 deals on record (7 secondary share transfers, 6 funding rounds), with disclosed funding of ₹115.7 Cr; the latest was in May 2025.

Mynd Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-08-0029701). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website m1xchange.com.

Company details

CIN U74140DL2002PTC114073
Registration Number 114073
Incorporation Date 01 February 2002
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 June 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-DL-08-0029701
Key People
Sundeep Mohindru Whole-Time Director Neeru Mohindru Director Vivek Misra Director

Recognitions & Rankings of Mynd Solutions

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-DL-08-0029701
India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Mynd Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is m1xchange.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    m1xchange.com
  • Social Media
  • Apps
  • Registered Address
    F – 83 East Of Kailash, New Delhi, Delhi, India – 110065
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Mynd Solutions Private Limited, buy the company report.

Comprehensive company report
Mynd Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Mynd Solutions operates multiple associated brands including M1NXT, MyndAPX, and M1xchange. Each brand links to its own profile.

BrandDescriptionWebsite
M1NXT
Digital platform providing working capital solutions for businesses globally.m1nxt.com
MyndAPX
AI software automates invoice capture, validation, and payment processing for global organizations.myndapx.ai
M1xchange
Digital invoice discounting platform connects MSMEs, corporates, and financiers.m1xchange.com
Mynd Fintech
Online marketplace for supply chain financingmyndfin.com
Mynd Solutions
Provider of integrated back-office solutions across finance, accounting, HR, compliance, and staffingmyndsolution.com

Business activity

The main business activity of Mynd Solutions is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

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

Financials of Mynd Solutions Private Limited

FY 2026 filings available

Mynd Solutions Private Limited reported revenue of ₹167.96 Cr (up 56% YoY) for FY 2026.

Revenue · FY 2026
₹167.96 Cr ▲ 56%
Net profit · FY 2026
₹20.11 Cr margin 12%
EBITDA · FY 2026
₹38.06 Cr margin 22.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 56%
5 years · compounded
▲ 81%
EBITDA CAGR growth
1 year
▲ 117%
5 years · compounded
▲ 52%

Revenue has grown at a compounded annual rate (CAGR) of 81% over five years, including 56% growth in the latest year. EBITDA rose 117% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹167.96 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹38.06 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20.11 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin22.7%
Net Profit Margin12%
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 Mynd Solutions Private Limited, buy the company report.

Board of directors of Mynd Solutions Private Limited

Mynd Solutions has 8 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sundeep Mohindru
Also directs: Digital Ecom Techno Private Limited, Mynd Ifsc Private Limited, Aapt Outsourcing Solutions Private Limited and 3 more
Whole-Time Director07 Jul 200620 Years 4 MonthsCurrent
Neeru Mohindru
Also directs: Digital Ecom Techno Private Limited, Mynd Ifsc Private Limited, Aapt Outsourcing Solutions Private Limited and 2 more
Director01 Feb 200224 Years 9 MonthsCurrent
Vivek Misra
Also directs: Digital Ecom Techno Private Limited, Mynd Ifsc Private Limited, Aapt Outsourcing Solutions Private Limited and 2 more
Director01 Feb 200224 Years 9 MonthsCurrent
Vikram Suhas Godse
Also directs: Chetak Farms & Agro Activities Private Limited, Nehat Tech Solutions Private Limited, Emiza Supply Chain Services Private Limited and 2 more
Nominee Director25 Jan 20197 Years 9 MonthsCurrent
Brijesh Kumar Agrawal
Also directs: Shiprocket Limited, Indiamart Intermesh Limited, Busy Infotech Private Limited and 1 more
Nominee Director27 May 20224 Years 5 MonthsCurrent
Vijay Premji Thacker
Also directs: Mynd Integrated Solutions Private Limited, Crowe Advisory Services (India) LLP, Kaytee Corporation Private Limited and 2 more
Director25 Sep 20179 Years 1 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Mynd Solutions Private Limited is audited by M/s M S K A & Associates LLP, Chartered Accountants for the financial year 2026.

Auditor firmFinancial yearFirm registration number
M/s M S K A & Associates LLP, Chartered AccountantsFY 2026105047W/W101187

Shareholding

The shareholding of Mynd Solutions Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mynd Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹70 Cr
Satisfied charges
₹20 Cr
Breakdown by lending institutions
Others₹70.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Jul 2026101323877Others₹40 CrOpen
12 Jun 2026101322955Others₹30 CrOpen
26 Feb 201110278656Yes Bank Limited₹15 CrSatisfied
29 Jun 2009101633123I Infotech Trusteeship Services Limited₹5 CrSatisfied

To see the full charge records of Mynd Solutions Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Mynd Solutions Private Limited has 13 deals on record (7 secondary share transfers, 6 funding rounds), with disclosed funding of ₹115.7 Cr; the latest was in May 2025.

Total deals
13
Secondary share transfers
7
Funding rounds
6
Disclosed funding
₹115.7 Cr

Deals on record (5 of 13)

WhenDealAmountParties
May 2025Secondary share transferUndisclosedBuyer: Filter Capital
Nov 2022Secondary share transferUndisclosedBuyer: Indiamart Intermesh Limited
Seller: SIDBI Ventures
Nov 2022Secondary share transferUndisclosedBuyer: Beenext
Seller: Indiamart Intermesh Limited
Nov 2021Secondary share transferUndisclosedBuyer: Indiamart Intermesh Limited
Seller: SIDBI Ventures
Jan 2019Funding round · Series A₹35 CrInvestors: Mayfield India, SIDBI Ventures

To see the full deal history of Mynd Solutions Private 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 Mynd Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Mynd Solutions has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mynd Ifsc Private LimitedU65929GJ2022PTC129461
Mynd Fintech Private LimitedU72900DL2021PTC375715

To see the full group structure of Mynd Solutions Private Limited, buy the company report.

GST

Mynd Solutions has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
07AADCM1046J1ZMDelhiActive01 Jul 2017
06AADCM1046J1ZOHaryanaActive01 Jul 2017
27AADCM1046J1ZKMaharashtraActive01 Jul 2017
33AADCM1046J1ZRTamil NaduActive21 Jul 2017

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

Recent activity

Mynd Solutions Private Limited has 24 board changes on record since 2002: 16 appointments and 8 cessations. The latest: Rajeev Garg was appointed as Nominee Director on 28 Mar 2025.

Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101323877 was registered on 02 Jul 2026.
AGM
Mynd Solutions Private Limited last Annual general meeting of members was held on 29 Jun 2026 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101322955 was registered on 12 Jun 2026.
Filing
Mynd Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Appointed
Rajeev Garg was appointed as Nominee Director.
Ceased
Kiran Vittal Poojary ceased to be Nominee Director.
Appointed
Kiran Vittal Poojary was appointed as Nominee Director.
Ceased
Mahendra Lodha ceased to be Nominee Director.
Appointed
Brijesh Kumar Agrawal was appointed as Nominee Director.
Ceased
Heeralal Choudhary ceased to be Nominee Director.
Appointed
Heeralal Choudhary was appointed as Nominee Director.
Appointed
Rajendra Kumar Saraf was appointed as Director.

23 earlier events are in the company report.

News

From our blog

Frequently asked questions

Mynd Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 01 February 2002 (24+ years old) and is registered under CIN U74140DL2002PTC114073.

Mynd Solutions has 8 current directors:

The latest financial statements of Mynd Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 June 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Mynd Solutions is 07AADCM1046J1ZM, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AADCM1046J1ZO (Haryana), 27AADCM1046J1ZK (Maharashtra), 33AADCM1046J1ZR (Tamil Nadu).

The CIN (Corporate Identification Number) of Mynd Solutions is U74140DL2002PTC114073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mynd Solutions has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the district courts.

Mynd Solutions was incorporated on 01 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.

Mynd Solutions has 13 deals on record (7 secondary share transfers, 6 funding rounds), with disclosed funding of ₹115.7 Cr; the latest was in May 2025.

Rajeev Garg was appointed as Nominee Director on 28 Mar 2025. Kiran Vittal Poojary ceased to be Nominee Director on 19 Nov 2024. Kiran Vittal Poojary was appointed as Nominee Director on 09 Jun 2023. Mynd Solutions has 24 board changes on record in total.

Yes, Mynd Solutions is registered as an MSME under Udyam registration (number: UDYAM-DL-08-0029701).