About Openmind Consultants Private Limited
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Openmind Consultants Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 15 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2005PTC037238. Its GSTIN is 29AAACO7833J1Z2 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Deepa Murthy and Sheaker Ramarao.
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 No 36 10th Cross Jayanagar II Block, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.24 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹27.68 Lakh (net margin 12.4%) and EBITDA of ₹39.8 Lakh (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 194% over three years and 876% over five years.
As per MCA filings, the company has open charges of ₹17 Lakh 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 mindgroupsolutions.com.
Company details
Contact details
Openmind Consultants Private Limited's registered office is in Bangalore, Karnataka. Its website is mindgroupsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 36 10th Cross Jayanagar II Block, Bangalore, Karnataka, India – 560011
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Openmind Consultants Private 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
Business activity
The main business activity of Openmind Consultants is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Openmind Consultants Private Limited, buy the company report.
Financials of Openmind Consultants Private Limited
FY 2025 filings availableOpenmind Consultants Private Limited reported revenue of ₹2.24 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 876% over five years, including 11% growth in the latest year. EBITDA rose 56% 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 | ₹39.8 Lakh | ||||
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| Net Profit (PAT) | ₹27.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 12.4% | ||||
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To see the full financial statements and ratios of Openmind Consultants Private Limited, buy the company report.
Board of directors of Openmind Consultants Private Limited
Openmind Consultants has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Murthy | Director | 30 Apr 2015 | 11 Years 6 Months | Current |
| Sheaker Ramarao | Director | 30 Sep 2005 | 21 Years 1 Months | Current |
| Chandrika Sheaker | Director | 28 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
Openmind Consultants Private Limited is compared with the 6 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axheleon IT Services Private Limited | ₹2.25 Cr (FY 2024) | 23.0% | Bengaluru, Karnataka, India | |||
| Synstaffing Private Limited | ₹2.25 Cr (FY 2025) | -48.0% | Faridabad, Haryana, India | |||
| Openmind Consultants Private Limitedthis company | ₹2.24 Cr (FY 2025) | ₹27.68 Lakh | 12.4% | 11.0% | Bangalore, Karnataka, India | |
| Cedron Software Solutions Private Limited | ₹2.24 Cr (FY 2025) | -45.0% | Bangalore, Karnataka, India | |||
| Yellow Box HR Services Private Limited | ₹2.23 Cr (FY 2025) | 53.0% | Kolkata, West Bengal, India | |||
| Globalsriven IT Solutions Private Limited | ₹2.23 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Rohan Management Services Private Limited | ₹2.23 Cr (FY 2020) | -22.0% | Pune, Maharashtra, India |
To see the full peer comparison of Openmind Consultants Private Limited, buy the company report.
Auditor
Openmind Consultants Private Limited is audited by P. VENKOBI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. VENKOBI | FY 2023 | 207851 |
Shareholding
The shareholding of Openmind Consultants Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Openmind Consultants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2024 | 101011368 | Hdfc Bank Limited | ₹17 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Openmind Consultants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Openmind Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Openmind Consultants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO7833J1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Openmind Consultants Private Limited, buy the company report.
Recent activity
Openmind Consultants Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Komal Pahilajani ceased to be Additional Director on 04 Oct 2019.
Frequently asked questions
Openmind Consultants is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 15 September 2005 (21+ years old) and is registered under CIN U74910KA2005PTC037238.
Openmind Consultants has 3 current directors:
- Deepa Murthy - Director
- Sheaker Ramarao - Director
- Chandrika Sheaker - Director
The latest financial statements of Openmind Consultants 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.
The GSTIN of Openmind Consultants is 29AAACO7833J1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Openmind Consultants is U74910KA2005PTC037238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Openmind Consultants was incorporated on 15 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Openmind Consultants by revenue are Axheleon IT Services Private Limited, Synstaffing Private Limited, Cedron Software Solutions Private Limited, Yellow Box HR Services Private Limited, Globalsriven IT Solutions Private Limited and 1 more, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Komal Pahilajani ceased to be Additional Director on 04 Oct 2019. Deepa Murthy was appointed as Director on 30 Apr 2015. Chandrika Sheaker was appointed as Director on 28 Sep 2006. Openmind Consultants has 4 board changes on record in total.
Openmind Consultants can be reached through the website mindgroupsolutions.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Openmind Consultants is at No 36 10th Cross Jayanagar II Block, Bangalore, Karnataka, India – 560011.
Openmind Consultants operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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