Mindstec Distribution Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 17 Year, 3 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 three 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
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32107KA2007PTC044488
- Company No.
044488
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Nov 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Electronics & Durables
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  | Director | 27-Nov-2007 | Current |
| Manasa | Director | 14-Mar-2014 | Current |
| Nanjundappa Sabarishan | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
- Mindstec Technologies Private Limited
Syed Abdul and Nanjundappa Sabarishan are mutual person
Mtc Agri Private LimitedSyed Abdul is a mutual person
- Neovision Technical Services Private Limited
Syed Abdul and Nanjundappa Sabarishan are mutual person
- Mtc Foods Private Limited
Syed Abdul is a mutual person
- Mtc Spaces Private Limited
Syed Abdul is a mutual person
- Mtc Homes Private Limited
Syed Abdul is a mutual person
Charges (Loans)
Open Charges
₹337.25 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Mindstec Distribution
Recent activity within the organization
- Annual General Meeting
Mindstec Distribution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 135.00 M with Charge ID 100991734 was registered on 29 Aug 2024.
- Balance Sheet
Mindstec Distribution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited of Rs. 190.00 M registered on 21 Mar 2022 with Charge ID 100550508 was modified on 12 May 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.73 M with Charge ID 100722815 was registered on 23 Jan 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.46 M with Charge ID 100668546 was registered on 31 Dec 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Mindstec Distribution Private Limited?
Mindstec Distribution Private Limited was incorporated on 27 Nov 2007.
What is authorized share capital and paid-up capital of Mindstec Distribution Private Limited?
The authorized share capital of Mindstec Distribution Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Mindstec Distribution Private Limited?
Currently 3 directors are associated with Mindstec Distribution Private Limited.
- Syed Wahab Abdul
- Manasa
- Nanjundappa Sabarishan
What is the registered address of Mindstec Distribution Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mindstec Distribution Private Limited is No 5M-645 Banaswadi Village Ombr Layout, Near Chaya Hospital India, Bangalore North, Karnataka, 560043.
What is the corporate identification number (CIN) and company number of Mindstec Distribution Private Limited?
The corporate identification number (CIN) of Mindstec Distribution Private Limited is U32107KA2007PTC044488 and the company number is 044488 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mindstec Distribution Private Limited?
The Official website of Mindstec Distribution Private Limited is https://www.mindstec.com
What has been the recent revenue trend for Mindstec Distribution Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mindstec Distribution Private Limited has risen by 66.19%.
How many employees does Mindstec Distribution Private Limited currently have?
As Per 2023 financial reports, 23 employees are currently employed by Mindstec Distribution Private Limited.
What change has been observed in the net worth of Mindstec Distribution Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mindstec Distribution Private Limited has experienced an upsurge of 82.50%.
What are the total open charges for Mindstec Distribution Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mindstec Distribution Private Limited amount to ₹ 33.72 Cr.
When was the last Balance Sheet of Mindstec Distribution Private Limited filed with the ROC?
The most recent Balance Sheet for Mindstec Distribution Private Limited was filed with the ROC on 31 Mar 2024.
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