MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0110242
Young Mind Creations Technologies Private Limited
Young Mind Creations Technologies Private Limited - information technology in Bengaluru, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2022
₹1.87 Lakh
Latest filing
Net loss · FY 2022
₹1.36 Lakh
Net margin -72.8%
EBITDA · FY 2022
-₹1.2 Lakh
EBITDA margin -64%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2022
Balance sheet date
About Young Mind Creations Technologies Private Limited
Data last updated:
Young Mind Creations Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 16 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC151904.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chinnappa Nagarathna and Shilpa Jayaram.
Its last annual general meeting (AGM) was held on 31 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.593 Fourth Floor 1st A Block D Group Layout Lingadeeranahalli Behind Karnataka Bank, Bengaluru, Karnataka, India – 560091.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.87 Lakh. For the same year it recorded a net loss of ₹1.36 Lakh (net margin -72.8%) and EBITDA of -₹1.2 Lakh (EBITDA margin -64%).
Young Mind Creations Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0110242).
Company Details of Young Mind Creations Technologies Private Limited
CIN U72900KA2021PTC151904
Registration Number 151904
Incorporation Date 16 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0110242
Recognitions & Rankings of Young Mind Creations Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.593 Fourth Floor 1st A Block D Group Layout Lingadeeranahalli Behind Karnataka Bank, Bengaluru, Karnataka, India – 560091
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
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Business Activity of Young Mind Creations Technologies Private Limited
The main business activity of Young Mind Creations Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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- Filing-level activity changes
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Financials of Young Mind Creations Technologies Private Limited FY 2022 filings available
Young Mind Creations Technologies Private Limited reported revenue of ₹1.87 Lakh for FY 2022.
Revenue · FY 2022
₹1.87 Lakh
Net loss · FY 2022
₹1.36 Lakh margin -72.8%
EBITDA · FY 2022
-₹1.2 Lakh margin -64%
Financial Statement Summary of Young Mind Creations Technologies Private Limited
| Metrics | FY 2021-22 |
|---|---|
| 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 | -₹1.2 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹1.36 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 Young Mind Creations Technologies Private Limited
| Metrics | FY 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | -64% |
| Net Profit Margin | -72.8% |
| 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 | •••• |
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 Young Mind Creations Technologies are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Young Mind Creations Technologies Private Limited
Young Mind Creations Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnappa Nagarathna | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Shilpa Jayaram | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
Peer Comparison of Young Mind Creations Technologies Private Limited
Young Mind Creations Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Data processing, hosting and related activities; web portal). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aces Cybernetic Technologies Private Limited | ₹1.89 Lakh (FY 2025) | •••• | •••• | 464.0% | •••• | Indore, Madhya Pradesh, India |
| Learning Setu Private Limited | ₹1.89 Lakh (FY 2024) | •••• | •••• | 368.0% | •••• | Anugul, Odisha, India |
| Glitter Digital Solution Private Limited | ₹1.88 Lakh (FY 2021) | •••• | •••• | •••• | Palghar, Maharashtra, India | |
| Megamind Systech Private Limited | ₹1.88 Lakh (FY 2022) | •••• | •••• | -50.0% | •••• | Pune, Maharashtra, India |
| Presentology Business Services Private Limited | ₹1.88 Lakh (FY 2020) | •••• | •••• | -76.0% | •••• | Meerpet, Telangana, India |
| Young Mind Creations Technologies Private Limited this company | ₹1.87 Lakh (FY 2022) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Techcloak Solutions Private Limited | ₹1.87 Lakh (FY 2017) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Soaring Enterprises Private Limited | ₹1.87 Lakh (FY 2025) | •••• | •••• | 220.0% | •••• | New Delhi, Delhi, India |
| Parakite Solutions Private Limited | ₹1.87 Lakh (FY 2020) | •••• | •••• | 56.0% | •••• | Moradabad, Uttar Pradesh, India |
| Hinaya Technologies (OPC) Private Limited | ₹1.86 Lakh (FY 2025) | •••• | •••• | 84.0% | •••• | Mumbai, Maharashtra, India |
| JSP IT Solutions Private Limited | ₹1.85 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Young Mind Creations Technologies by revenue in the same principal business activity (Data processing, hosting and related activities; web portal), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Young Mind Creations Technologies Private Limited
Young Mind Creations Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Young Mind Creations Technologies Private Limited
Employment history and EPFO contributions of people linked to Young Mind Creations Technologies.
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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 Young Mind Creations Technologies Private Limited
Young Mind Creations Technologies Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Chinnappa Nagarathna was appointed as Director on 16 Sep 2021.
AGM
Young Mind Creations Technologies Private Limited last Annual general meeting of members was held on 31 Dec 2022 as per latest MCA records.
Filing
Young Mind Creations Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Appointed
Chinnappa Nagarathna was appointed as Director.
Appointed
Shilpa Jayaram was appointed as Director.
Incorporation
16 Sep 2021
Young Mind Creations Technologies Private Limited was registered on 16 Sep 2021 with Roc Bangalore & aged 5 years 1 month as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Young Mind Creations Technologies Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Young Mind Creations Technologies Private Limited
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Subsidiaries & Group Companies of Young Mind Creations Technologies Private Limited
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GST Compliance of Young Mind Creations Technologies Private Limited
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GST registrations and filing compliance
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MCA Filings & Documents of Young Mind Creations Technologies Private Limited
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MCA filings and documents
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Frequently Asked Questions about Young Mind Creations Technologies Private Limited
Young Mind Creations Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 16 September 2021 (5+ years old) and is registered under CIN U72900KA2021PTC151904.
Young Mind Creations Technologies reported revenue of ₹1.87 Lakh for FY 2022.
Young Mind Creations Technologies has 2 current directors:
- Chinnappa Nagarathna - Director
- Shilpa Jayaram - Director
Young Mind Creations Technologies reported a net loss of ₹1.36 Lakh (net margin -72.8%) and EBITDA of -₹1.2 Lakh (EBITDA margin -64%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Young Mind Creations Technologies is U72900KA2021PTC151904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Young Mind Creations Technologies was incorporated on 16 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Young Mind Creations Technologies by revenue are Aces Cybernetic Technologies Private Limited, Learning Setu Private Limited, Glitter Digital Solution Private Limited, Megamind Systech Private Limited, Presentology Business Services Private Limited and 5 more, all in the same principal business activity (Data processing, hosting and related activities; web portal).
Chinnappa Nagarathna was appointed as Director on 16 Sep 2021. Shilpa Jayaram was appointed as Director on 16 Sep 2021.
Yes, Young Mind Creations Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0110242).
The registered office of Young Mind Creations Technologies is at No.593 Fourth Floor 1st A Block D Group Layout Lingadeeranahalli Behind Karnataka Bank, Bengaluru, Karnataka, India – 560091.
Young Mind Creations Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.