Mindstec Distribution Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 33.72 Cr
- Revenue Growth 66.19%
- Profit Growth 74.17%
- Ebitda 60.47%
- Net Worth 82.50%
- Total Assets 49.72%
About Mindstec Distribution
Mindstec Distribution Private Limited (MDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 2007 and has a history of 17 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹33.72 Cr.
Syed Abdul, Manasa, and Nanjundappa Sabarishan serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U32107KA2007PTC044488
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Company No.
044488
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Nov 2007
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Mindstec Distribution Private Limited offer?
Mindstec Distribution Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Teaching Charts, Teaching Aid, Event Organizers, Advertising Service.
Who are the key members and board of directors at Mindstec Distribution?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Syed Abdul
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Director | 27-Nov-2007 | Current |
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Manasa
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Director | 14-Mar-2014 | Current |
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Nanjundappa Sabarishan
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Director | 13-Jun-2018 | Current |
Financial Performance of Mindstec Distribution.
Mindstec Distribution Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.19% increase. The company also saw a substantial improvement in profitability, with a 74.17% increase in profit. The company's net worth Soared by an impressive increase of 82.5%.
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What is the Ownership and Shareholding Structure of Mindstec Distribution?
In 2023, Mindstec Distribution had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Mindstec Technologies Private LimitedSyed Abdul and Nanjundappa Sabarishan are mutual person
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Mtc Agri Private LimitedSyed Abdul is a mutual person
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Neovision Technical Services Private Limited
Syed Abdul and Nanjundappa Sabarishan are mutual person
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Mtc Foods Private Limited
Syed Abdul is a mutual person
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Mtc Spaces Private Limited
Syed Abdul is a mutual person
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Mtc Homes Private Limited
Syed Abdul is a mutual person
Charges (Loans)
₹337.25 M
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 33.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2024 | Hdfc Bank Limited | ₹13.50 Cr | Open |
| 23 Jan 2023 | Hdfc Bank Limited | ₹1.73 M | Open |
| 31 Dec 2022 | Hdfc Bank Limited | ₹1.46 M | Open |
| 28 Dec 2022 | Hdfc Bank Limited | ₹6.82 M | Open |
| 13 Oct 2022 | Hdfc Bank Limited | ₹2.24 M | Open |
How Many Employees Work at Mindstec Distribution?
Mindstec Distribution has a workforce of 23 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mindstec Distribution, 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 Mindstec Distribution's trajectory.
Rating
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
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.
