Mindpower Finsource Services Private Limited

Provides financial and accounting services outsourcing, legal process outsourcing, and machinery manufacturing and trading.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 15, 2024

Mindpower Finsource Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.21 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.61 Cr
  • Revenue Growth 1.18%
  • Profit Growth 11.35%
  • Ebitda 85.28%
  • Net Worth 10.49%
  • Total Assets 49.90%

About Mindpower Finsource Services

Mindpower Finsource Services Private Limited (MFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 July 2007 and has a history of 17 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 0.21 M.

The company currently has active open charges totaling ₹9.61 Cr.

Rajul Shah, Amit Shah, and Meenakshi Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93000GJ2007PTC051284

  • Company No.

    051284

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jul 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Mindpower Finsource Services Private Limited offer?

Mindpower Finsource Services Private Limited offers a wide range of products and services, including Paper Work & Making Machine, Bag Making Machine, Printing Machine, Flexographic Printing Machine, Extraction Plants and Extruders, Extruder Machine, Film Plants, Blown Film Plants, Printing Machinery & Equipment, Machines & Equipments.

Who are the key members and board of directors at Mindpower Finsource Services?

Board Members (3)

Name Designation Appointment Date Status
Rajul Shah Country flag representing In Director 06-Jul-2007 Current
Amit Shah Country flag representing In Director 02-Jul-2018 Current
Meenakshi Shah Country flag representing In Director 06-Jul-2007 Current

Financial Performance of Mindpower Finsource Services.

Mindpower Finsource Services Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.18% increase. The company also saw a substantial improvement in profitability, with a 11.35% increase in profit. The company's net worth Soared by an impressive increase of 10.49%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
1.18%
Revenue from Operations
2.16%
Total Assets
49.90%
Profit or Loss
11.35%
Net Worth
10.49%
EBITDA
85.28%

What is the Ownership and Shareholding Structure of Mindpower Finsource Services?

In 2023, Mindpower Finsource Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.61 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 8.63 Cr
  • Punjab National Bank : 0.98 Cr

Latest Charge Details

Date Lender Amount Status
30 Jun 2020 Others ₹1.76 M Open
15 Dec 2011 Others ₹8.45 Cr Open
13 Nov 2009 Punjab National Bank ₹9.77 M Open

How Many Employees Work at Mindpower Finsource Services?

Unlock and access historical data on people associated with Mindpower Finsource Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mindpower Finsource Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mindpower Finsource Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mindpower Finsource Services

Recent activity within the organization

  • Annual General Meeting

    Mindpower Finsource Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 8.45 Cr registered on 15 Dec 2011 with Charge ID 10328058 was modified on 28 May 2024.

    28 May 2024

  • Balance Sheet

    Mindpower Finsource Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 0.18 Cr registered on 30 Jun 2020 with Charge ID 100354172 was modified on 17 Jun 2021.

    17 Jun 2021

  • Charges

    A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100354172 was registered on 30 Jun 2020.

    30 Jun 2020

  • Director Appointment

    Amit Lalchandji Shah was appointed as a Director was appointed as a Director on 02 Jul 2018 & has been associated with this company since 6 years 7 months .

    02 Jul 2018

Frequently asked questions

  • Mindpower Finsource Services Private Limited was incorporated on 06 Jul 2007.

  • The authorized share capital of Mindpower Finsource Services Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.21 M.

  • Currently 3 directors are associated with Mindpower Finsource Services Private Limited.

    • Rajul Jitendra Shah
    • Amit Lalchandji Shah
    • Meenakshi Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mindpower Finsource Services Private Limited is B-302 Atma House Opp. Old R.B.I. Near Times Of India, Ashram Road India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Mindpower Finsource Services Private Limited is U93000GJ2007PTC051284 and the company number is 051284 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mindpower Finsource Services Private Limited is https://www.mindpowerfsl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mindpower Finsource Services Private Limited has risen by 1.18%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mindpower Finsource Services Private Limited has experienced an upsurge of 10.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mindpower Finsource Services Private Limited amount to ₹ 9.61 Cr.

  • The most recent Balance Sheet for Mindpower Finsource Services Private Limited was filed with the ROC on 31 Mar 2024.