Staunchminds Technology Private Limited

Staunchminds Technology Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2018PTC117344 Incorporated 05 October 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business services MSME · Micro
Data last updated
Revenue · FY 2022
₹35.11 Lakh
▲ 159% YoY
Net profit · FY 2022
₹95,097
Net margin 2.7%
EBITDA · FY 2022
₹1.1 Lakh
EBITDA margin 3.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Staunchminds Technology Private Limited

Data last updated:

Staunchminds Technology Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 05 October 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC117344. Its GSTIN is 29ABACS9615F1Z5 (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Abhay Kaushal Gangaraj and Praseedha Moorkattu Parambil.

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 #41 2nd Main Bhuvaneshwari Nagar 2nd Stage, Bangalore, Karnataka, India – 560056.

As per the financials filed for FY 2022, the company reported a revenue of ₹35.11 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹95,097 (net margin 2.7%) and EBITDA of ₹1.1 Lakh (EBITDA margin 3.1%).

Staunchminds Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0066992).

Company details

CIN U74999KA2018PTC117344
Registration Number 117344
Incorporation Date 05 October 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0066992

Recognitions & Rankings of Staunchminds Technology

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KR-03-0066992

Contact details

Staunchminds Technology Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    #41 2nd Main Bhuvaneshwari Nagar 2nd Stage, Bangalore, Karnataka, India – 560056
  • Industry
    Business Services, Other Services, Miscellaneous Business Activities

To see the full contact details of Staunchminds Technology Private Limited, buy the company report.

Comprehensive company report
Staunchminds Technology 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
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Business activity

The main business activity of Staunchminds Technology is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

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

Financials of Staunchminds Technology Private Limited

FY 2022 filings available

Staunchminds Technology Private Limited reported revenue of ₹35.11 Lakh (up 159% YoY) for FY 2022.

Revenue · FY 2022
₹35.11 Lakh ▲ 159%
Net profit · FY 2022
₹95,097 margin 2.7%
EBITDA · FY 2022
₹1.1 Lakh margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 159%
EBITDA CAGR growth
1 year
▼ 54%
3 years · compounded
▲ 52%

Revenue rose 159% in the latest year. EBITDA fell 54% 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 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹35.11 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.1 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹95,097
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 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3.1%
Net Profit Margin2.7%
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 Staunchminds Technology Private Limited, buy the company report.

Board of directors of Staunchminds Technology Private Limited

Staunchminds Technology has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhay Kaushal GangarajDirector05 Oct 20188 Years 0 MonthsCurrent
Praseedha Moorkattu ParambilDirector05 Oct 20188 Years 0 MonthsCurrent

Peer comparison

Staunchminds Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ems Polyset Pvt Ltd₹35.41 Lakh (FY 2023)24.0%Kolkata, West Bengal, India
Rajindra Ceramics Private Limited₹35.39 Lakh (FY 2023)-83.0%Chandigarh, India
Tera Plast India Private Limited₹35.36 Lakh (FY 2025)-68.0%Hyderabad, Telangana, India
Suntop Ceramic Private Limited₹35.3 Lakh (FY 2025)-9.0%Ghuntu, Gujarat, India
Chiao Fu Material Technology Private Limited₹35.28 Lakh (FY 2025)75190.0%Bangalore, Karnataka, India
Staunchminds Technology Private Limitedthis company₹35.11 Lakh (FY 2022)₹95,0972.7%159.0%Bangalore, Karnataka, India
Shradha Graphics and Imaging Co.Private Limited₹35.1 Lakh (FY 2025)14.0%Delhi, India
Shyamal Industries Private Limited₹35.09 Lakh (FY 2025)-29.0%Lucknow, Uttar Pradesh, India
Uniware Industries Private Limited₹35.05 Lakh (FY 2024)-70.0%Coimbatore, Tamil Nadu, India
SCTS India Private Limited₹35.01 Lakh (FY 2024)Navi Mumbai, Maharashtra, India
Pune Hydraulics Systems Private Limited₹34.89 Lakh (FY 2024)-79.0%Pune, Maharashtra, India

To see the full peer comparison of Staunchminds Technology Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Staunchminds Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Staunchminds Technology has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABACS9615F1Z5KarnatakaActive21 Jan 2019

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

Recent activity

Staunchminds Technology Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Abhay Kaushal Gangaraj was appointed as Director on 05 Oct 2018.

AGM
Staunchminds Technology Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Staunchminds Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Appointed
Abhay Kaushal Gangaraj was appointed as Director.
Appointed
Praseedha Moorkattu Parambil was appointed as Director.
Incorporation
05 Oct 2018
Staunchminds Technology Private Limited was registered on 05 Oct 2018 with Roc Bangalore & aged 8 years 18 days as per MCA records.

Frequently asked questions

Staunchminds Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 05 October 2018 (8+ years old) and is registered under CIN U74999KA2018PTC117344.

Staunchminds Technology has 2 current directors:

The latest financial statements of Staunchminds Technology 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 FY 2019 are in the company report.

The GSTIN of Staunchminds Technology is 29ABACS9615F1Z5, registered in Karnataka.

The CIN (Corporate Identification Number) of Staunchminds Technology is U74999KA2018PTC117344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Staunchminds Technology was incorporated on 05 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Staunchminds Technology by revenue are Ems Polyset Pvt Ltd, Rajindra Ceramics Private Limited, Tera Plast India Private Limited, Suntop Ceramic Private Limited, Chiao Fu Material Technology Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Abhay Kaushal Gangaraj was appointed as Director on 05 Oct 2018. Praseedha Moorkattu Parambil was appointed as Director on 05 Oct 2018.

Yes, Staunchminds Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0066992).

The registered office of Staunchminds Technology is at #41 2nd Main Bhuvaneshwari Nagar 2nd Stage, Bangalore, Karnataka, India – 560056.

Staunchminds Technology operates in the business services industry, in the other services segment.