About Terrific Minds Private Limited
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Terrific Minds Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 18 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2015PTC037986. Its GSTIN is 32AAFCG8897B1ZH (Kerala). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Gmg Software Solutions Private Limited. It is led by directors Abhilash Jayapal and Ranjith Vijayan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Near Technopark, Thiruvananthapuram, Kerala.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.47 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹27.3 Lakh (net margin -2.6%) and EBITDA of -₹9.91 Lakh (EBITDA margin -0.9%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 39% over five years.
The company has about 100 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Terrific Minds. As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website terrificminds.com.
Company details
Contact details
Terrific Minds Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is terrificminds.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressThe Atomic Tc – 98/3715(1 2 3 4 5), Near Technopark Phase – 1, Thiruvananthapuram, Kerala, India – 695582
- IndustryInformation Technology, Software Development & Support Services, Application Development & Software Solutions
To see the full contact details of Terrific Minds 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
Terrific Minds operates one associated brand: Terrific Minds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides ecommerce platform development, AI innovation, and design services globally. | terrificminds.com |
Business activity
The main business activities of Terrific Minds are information and communication and support service to organizations. In detail, this covers data processing, hosting and related activities; web portal and placement agencies and hr management services. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | |
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Terrific Minds Private Limited, buy the company report.
Financials of Terrific Minds Private Limited
FY 2023 filings availableTerrific Minds Private Limited reported revenue of ₹10.47 Cr (up 47% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 47% growth in the latest year. EBITDA fell 116% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹10.47 Cr | ||||
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| EBITDA | -₹9.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -2.6% | ||||
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To see the full financial statements and ratios of Terrific Minds Private Limited, buy the company report.
Board of directors of Terrific Minds Private Limited
Terrific Minds has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhilash Jayapal Also directs: Sceptre Distribution Private Limited, Lume Immersive Solutions Private Limited, Gazelleap Consulting Private Limited and 1 more | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
| Ranjith Vijayan Also directs: Vajra Heavy Engineering Private Limited, Nxtdare Private Limited, Inscapefuture Labs India Private Limited and 1 more | Director | 19 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Terrific Minds Private Limited is audited by Sridhar & Co. Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sridhar & Co. Chartered Accountants | FY 2023 | 003978S |
Shareholding
The shareholding of Terrific Minds 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 Terrific Minds Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2022 | 100532312 | Others | ₹1 Cr | Open |
To see the full charge records of Terrific Minds Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Terrific Minds Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Good Methods Inc, an individual |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: Good Methods Inc Seller: an individual |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: Good Methods Inc, an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Terrific Minds Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Kochi | Company petition | Filed against the company by an individual | Pending |
| NCLT, NCLT Kochi | Company petition | Filed against the company by an individual | Pending |
To see the full case history of Terrific Minds 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 Terrific Minds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Terrific Minds Private Limited has a workforce of 100 employees on its EPFO records as of Jan 21, 2026, across 1 active EPFO establishment.
GST
Terrific Minds has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCG8897B1ZH | Kerala | Active | 01 Jul 2017 |
| 32AAFCG8897B2ZG | Kerala | Active | 05 Nov 2021 |
| 29AAFCG8897B1Z4 | Karnataka | Active | 29 Aug 2023 |
To see the full GST registrations and return filing status of Terrific Minds Private Limited, buy the company report.
Recent activity
Terrific Minds Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Ranjith Vijayan was appointed as Director on 19 Apr 2017.
Frequently asked questions
Terrific Minds is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in software development and support services, within the information technology industry. It was incorporated on 18 February 2015 (11+ years old) and is registered under CIN U72200KL2015PTC037986.
Terrific Minds has 2 current directors:
- Abhilash Jayapal - Director
- Ranjith Vijayan - Director
The latest financial statements of Terrific Minds on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Terrific Minds is 32AAFCG8897B1ZH, registered in Kerala. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AAFCG8897B2ZG (Kerala), 29AAFCG8897B1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Terrific Minds is U72200KL2015PTC037986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Terrific Minds has 2 court cases on record: 2 filed against it. 2 are pending.
Terrific Minds was incorporated on 18 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
Terrific Minds has 3 deals on record (3 secondary share transfers); the latest was in March 2018.
Ranjith Vijayan was appointed as Director on 19 Apr 2017. Thiruvadinatha Pillai Krishna Pillai ceased to be Director on 19 Apr 2017. Abhilash Jayapal was appointed as Director on 20 Jun 2016. Terrific Minds has 4 board changes on record in total.
Terrific Minds can be reached through the website terrificminds.com. Its registered office is in Thiruvananthapuram, Kerala, India.