Openmind Innovations Private Limited

Openmind Innovations Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74999TN2016PTC112865 Incorporated 06 October 2016 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2025
₹3.15 Cr
▼ 23% YoY
Net profit · FY 2025
₹9.79 Lakh
Net margin 3.1%
EBITDA · FY 2025
₹24.99 Lakh
EBITDA margin 7.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
11
Provident fund records

About Openmind Innovations Private Limited

Data last updated:

Openmind Innovations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 October 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC112865. Its GSTIN is 33AACCO3834D2ZU (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Baluchamy Captain Prasath and Pitchumani Kousalya Sheela.

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 990 Tnhb Colony Main Road Tnhb Colony West Velachery, Chennai, Tamil Nadu, India – 600042.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.15 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹9.79 Lakh (net margin 3.1%) and EBITDA of ₹24.99 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 22% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: OpenMind Innovations. As per MCA filings, the company has open charges of ₹1.5 Cr on record.

Openmind Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0121491). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website openmindinno.com.

Company Details of Openmind Innovations Private Limited
CIN U74999TN2016PTC112865
Registration Number 112865
Incorporation Date 06 October 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0121491

Recognitions & Rankings of Openmind Innovations

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0121491
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No 990 Tnhb Colony Main Road Tnhb Colony West Velachery, Chennai, Tamil Nadu, India – 600042
  • Industry
    Information Technology, IT Consulting & Support Services, Database Management & Solutions
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Financials, compliance, directors, charges, ownership and filings for Openmind Innovations Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Associated Brands with Openmind Innovations Private Limited

Openmind Innovations operates one associated brand: OpenMind Innovations. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive software development, domain hosting, and related IT services.openmindinno.com

Business Activity of Openmind Innovations Private Limited

The main business activity of Openmind Innovations is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Openmind Innovations Private Limited FY 2025 filings available

Openmind Innovations Private Limited reported revenue of ₹3.15 Cr (down 23% YoY) for FY 2025.

Revenue · FY 2025
₹3.15 Cr ▼ 23%
Net profit · FY 2025
₹9.79 Lakh margin 3.1%
EBITDA · FY 2025
₹24.99 Lakh margin 7.9%

Compounded Annual Growth Rate (CAGR) of Openmind Innovations Private Limited

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 20%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 39%
5 years · compounded
▲ 33%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 11% 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 of Openmind Innovations Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹24.99 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹9.79 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 of Openmind Innovations Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.9%••••••••••••••••
Net Profit Margin3.1%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Openmind Innovations are in the company report.

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Financial statements from FY 2017

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Board of Directors of Openmind Innovations Private Limited

Openmind Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Baluchamy Captain PrasathDirector06 Oct 201610 Years 0 MonthsCurrent
Pitchumani Kousalya SheelaDirector01 Dec 20250 Years 10 MonthsCurrent

Peer Comparison of Openmind Innovations Private Limited

Openmind Innovations Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Database Management). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dipco Infotech Private Limited₹3.23 Cr (FY 2025)••••••••-17.0%••••Mumbai, Maharashtra, India
Perform Media (India) Private Limited₹3.22 Cr (FY 2023)••••••••315.0%••••Mangalore, Karnataka, India
Indivirtus Solutions Private Limited₹3.17 Cr (FY 2025)••••••••53.0%••••Mohali, Punjab, India
Prowesstics IT Services Private Limited₹3.17 Cr (FY 2024)••••••••57.0%••••Kovilambakkam, Tamil Nadu, India
Athena Training Solutions Private Limited₹3.15 Cr (FY 2025)••••••••7.0%••••Thane, Maharashtra, India
Openmind Innovations Private Limited this company₹3.15 Cr (FY 2025)••••••••-23.0%••••Chennai, Tamil Nadu, India
Gyan Data Private Limited₹3.09 Cr (FY 2025)••••••••13.0%••••Chennai, Tamil Nadu, India
Cyber Sphere IT Services Private Limited₹3.05 Cr (FY 2025)••••••••-5.0%••••Hyderabad, Telangana, India
Markett Plus Research Services Private Limited₹3.03 Cr (FY 2022)••••••••-12.0%••••Noida, Uttar Pradesh, India
Vasant Software Solutions Private Limited₹3.01 Cr (FY 2024)••••••••0.0%••••Hyderabad, Telangana, India
Frslabs Research Systems Private Limited₹3.01 Cr (FY 2025)••••••••-5.0%••••Bengaluru, Karnataka, India

Peers are the five companies nearest above and the five nearest below Openmind Innovations by revenue in the Information Technology industry (Database Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Openmind Innovations Private Limited

Openmind Innovations Private Limited is audited by K RAJESH for the financial year 2023.

NameStatusAppointment DateCessation Date
K RAJESHLockedLockedLocked
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Ownership and Shareholding of Openmind Innovations Private Limited

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Charges & Borrowings of Openmind Innovations Private Limited

Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateLenderAmountStatus
18 Aug 2025Others₹1 CrOpen
25 Jan 2024Others₹50 LakhOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Openmind Innovations Private Limited

Openmind Innovations Private Limited has a workforce of 11 employees as of Apr 05, 2024.

Employee count
11
Active EPFO establishments
1
Employee growth
83.33%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Openmind Innovations Private Limited

Openmind Innovations Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Na Alagulakshmi ceased to be Director on 02 Dec 2025.

Ceased
Na Alagulakshmi ceased to be Director.
Appointed
Pitchumani Kousalya Sheela was appointed as Director.
AGM
Openmind Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101141984 was registered on 18 Aug 2025.
Filing
Openmind Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100854743 was registered on 25 Jan 2024.
Ceased
Megala ceased to be Director.
Appointed
Baluchamy Captain Prasath was appointed as Director.
Incorporation
06 Oct 2016
Openmind Innovations Private Limited was registered on 06 Oct 2016 with Roc Chennai & aged 10 years 15 days as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Openmind Innovations Private Limited

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MSME Payment Delays by Openmind Innovations Private Limited

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Subsidiaries & Group Companies of Openmind Innovations Private Limited

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GST Compliance of Openmind Innovations Private Limited

Openmind Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AACCO3834D2ZUTamil NaduActive14 Jul 2017
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MCA Filings & Documents of Openmind Innovations Private Limited

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Frequently Asked Questions about Openmind Innovations Private Limited

Openmind Innovations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 October 2016 (10+ years old) and is registered under CIN U74999TN2016PTC112865.

Openmind Innovations reported revenue of ₹3.15 Cr for FY 2025 (down 23% YoY).

Openmind Innovations has 2 current directors:

Openmind Innovations reported a net profit of ₹9.79 Lakh (net margin 3.1%) and EBITDA of ₹24.99 Lakh (EBITDA margin 7.9%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Openmind Innovations is 20% over three years and 22% over five years. In the latest year (FY 2025) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Openmind Innovations is 33AACCO3834D2ZU, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Openmind Innovations is U74999TN2016PTC112865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Openmind Innovations was incorporated on 06 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Openmind Innovations by revenue are Dipco Infotech Private Limited, Perform Media (India) Private Limited, Indivirtus Solutions Private Limited, Prowesstics IT Services Private Limited, Athena Training Solutions Private Limited and 5 more, all in the Information Technology industry (Database Management).

Na Alagulakshmi ceased to be Director on 02 Dec 2025. Pitchumani Kousalya Sheela was appointed as Director on 01 Dec 2025. Megala ceased to be Director on 10 Apr 2023. Openmind Innovations has 4 board changes on record in total.

Yes, Openmind Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0121491).

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