- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0014702

About Radical Minds Technologies Private Limited
Data last updated:
Radical Minds Technologies Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business process outsourcing sector. It was incorporated on 27 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2010PTC211765. Its GSTIN is 06AAFCR0597P1ZR (Haryana). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.55 Cr. It is led by directors including Tarun Duneja and Sanjoo Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rz – 60 New No – C – 4/21 Ff Vashisht Park, New Delhi, Delhi, India – 110046.
As per the financials filed for FY 2024, the company reported a revenue of ₹79.62 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹3.82 Cr (net margin 4.8%) and EBITDA of ₹7.78 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 13% over five years.
The company has about 248 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Radical Minds. As per MCA filings, the company has open charges of ₹37.5 Cr and satisfied charges of ₹3.13 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 2 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in January 2022.
Radical Minds Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0014702). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website radicalminds.in.
Company details
Recognitions & Rankings of Radical Minds Technologies
Contact details
Radical Minds Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is radicalminds.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRz – 60 New No – C – 4/21 Ff Vashisht Park, New Delhi, Delhi, India – 110046
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Radical Minds Technologies 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
Brands
Radical Minds Technologies operates one associated brand: Radical Minds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive digital services to clients. | radicalminds.in |
Business activity
The main business activity of Radical Minds Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Radical Minds Technologies Private Limited, buy the company report.
Financials of Radical Minds Technologies Private Limited
FY 2024 filings availableRadical Minds Technologies Private Limited reported revenue of ₹79.62 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹7.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.82 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 4.8% | ||||
| 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 Radical Minds Technologies Private Limited, buy the company report.
Board of directors of Radical Minds Technologies Private Limited
Radical Minds Technologies has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stuti Deepak Gaekwad Also directs: RMT Engineering Private Limited | Additional Director | 22 Nov 2022 | 3 Years 11 Months | Current |
| Tarun Duneja Also directs: Evangel Publishing Private Limited | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Sanjoo Sharma Also directs: Radical Travels Private Limited, RMT Engineering Private Limited | Director | 01 Jun 2012 | 14 Years 4 Months | Current |
| Sarika Sharma Also directs: Radical Travels Private Limited, RMT Engineering Private Limited | Director | 21 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Radical Minds Technologies Private Limited is audited by SINGHAL MATTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHAL MATTA & CO. | FY 2023 | 001288N |
Shareholding
The shareholding of Radical Minds Technologies 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Radical Minds Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2022 | 100576210 | Axis Bank Limited | ₹30 Cr | Open | |
| 26 Mar 2021 | 100446147 | Axis Bank Limited | ₹7.5 Cr | Open | |
| 01 Dec 2020 | 100418299 | Hdfc Bank Limited | ₹12.65 Lakh | Satisfied | |
| 09 Dec 2015 | 10607393 | Hdfc Bank Limited | ₹3 Cr | Satisfied |
To see the full charge records of Radical Minds Technologies Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Radical Minds Technologies Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in January 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹5 Lakh | Investors: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Radical Minds Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Radical Minds Technologies Private Limited has 10 court cases on record: 1 filed by Radical Minds Technologies, 9 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by One97 Communications Ltd | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LC) | Filed against the company by Asit C Mehta Financial Services Limited Through Its Authorized Repersentative Jaideep Vaidya | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Vodafone Mobile Services Limited | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Vodafone Mobile Services Limited | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Radical Minds Technologies Private 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
No delayed payments to MSME suppliers are on our record for Radical Minds Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Radical Minds Technologies Private Limited has a workforce of 248 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Radical Minds Technologies has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCR0597P1ZR | Haryana | Active | 01 Jul 2017 |
| 29AAFCR0597P1ZJ | Karnataka | Active | 15 Feb 2019 |
| 09AAFCR0597P1ZL | Uttar Pradesh | Active | 08 Mar 2023 |
To see the full GST registrations and return filing status of Radical Minds Technologies Private Limited, buy the company report.
Recent activity
Radical Minds Technologies Private Limited has 8 board changes on record since 2011: 4 appointments and 4 cessations. The latest: Stuti Deepak Gaekwad was appointed as Additional Director on 22 Nov 2022.
6 earlier events are in the company report.
Frequently asked questions
Radical Minds Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 27 December 2010 (16+ years old) and is registered under CIN U72900DL2010PTC211765.
Radical Minds Technologies has 4 current directors:
- Stuti Deepak Gaekwad - Additional Director
- Tarun Duneja - Director
- Sanjoo Sharma - Director
- Sarika Sharma - Director
The latest financial statements of Radical Minds Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Radical Minds Technologies is 06AAFCR0597P1ZR, registered in Haryana. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAFCR0597P1ZJ (Karnataka), 09AAFCR0597P1ZL (Uttar Pradesh).
The CIN (Corporate Identification Number) of Radical Minds Technologies is U72900DL2010PTC211765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radical Minds Technologies has 10 court cases on record: 1 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.
Radical Minds Technologies was incorporated on 27 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Radical Minds Technologies has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in January 2022.
Stuti Deepak Gaekwad was appointed as Additional Director on 22 Nov 2022. Lalit Kumar Sharma ceased to be Director on 30 Sep 2019. Tarun Duneja was appointed as Director on 01 Dec 2017. Radical Minds Technologies has 8 board changes on record in total.
Yes, Radical Minds Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0014702).