Processmind Business Solutions Private Limited

Provides comprehensive back office solutions for BFSI & HR industries, including staff solutions and payroll process.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Processmind Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.70 M
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 Cr
  • Satisfied Charges ₹ 1.20 M
  • Revenue Growth 12.77%
  • Profit Growth -2.63%
  • Ebitda 29.32%
  • Net Worth 2.84%
  • Total Assets -8.44%

About Processmind Business Solutions

Processmind Business Solutions Private Limited (PBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 July 2008 and has a history of 16 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Processmind Bpo Services Private Limited. The Company is engaged in the Business Outsourcing 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 M and a paid-up capital of Rs 0.70 M.

The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹1.20 M, as per Ministry of Corporate Affairs (MCA) records.

Devraj Haleangadi, Kashyap Subramaniam, Balaji Sharma, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200MH2008PTC184570

  • Company No.

    184570

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

Who are the key members and board of directors at Processmind Business Solutions?

Board Members (4)

Name Designation Appointment Date Status
Balaji Sharma Country flag representing In Director 01-Dec-2008 Current
Devraj Haleangadi Country flag representing In Director 11-Jul-2008 Current
Kashyap Subramaniam Country flag representing In Director 11-Jul-2008 Current
Shobha Haleangadi Country flag representing In Additional Director 09-Aug-2024 Current

Financial Performance of Processmind Business Solutions.

Processmind Business Solutions Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 12.77% increase. The company also saw a slight decrease in profitability, with a 2.63% decrease in profit. The company's net worth moved up by a moderate rise of 2.84%.

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
12.77%
Revenue from Operations
12.40%
Total Assets
-8.44%
Profit or Loss
-2.63%
Net Worth
2.84%
EBITDA
29.32%

What is the Ownership and Shareholding Structure of Processmind Business Solutions?

In 2019, Processmind Business Solutions 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

₹11.00 M

Satisfied Charges

₹1.20 M

Charges Breakdown by Lending Institutions

  • Others : 1.10 Cr

Latest Charge Details

Date Lender Amount Status
04 Sep 2015 Others ₹1.10 Cr Open
23 Oct 2010 The Karur Vysya Bank ₹1.20 M Satisfied

How Many Employees Work at Processmind Business Solutions?

Processmind Business Solutions has a workforce of 6 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Processmind Business Solutions, 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 Processmind Business Solutions'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 Processmind Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Processmind Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Shobha Raju Haleangadi was appointed as a Additional Director was appointed as a Additional Director on 09 Aug 2024 & has been associated with this company since 6 months 1 day .

    09 Aug 2024

  • Balance Sheet

    Processmind Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 11.00 M registered on 04 Sep 2015 with Charge ID 10596108 was modified on 12 Oct 2020.

    12 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 11.00 M with Charge ID 10596108 was registered on 04 Sep 2015.

    04 Sep 2015

  • Charges

    A charge registered on 23 Oct 2010 via Charge ID 10258334 with The Karur Vysya Bank was fully satisfied on 15 Apr 2013.

    15 Apr 2013

Frequently asked questions

  • Processmind Business Solutions Private Limited was incorporated on 11 Jul 2008.

  • The authorized share capital of Processmind Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.70 M.

  • Currently 4 directors are associated with Processmind Business Solutions Private Limited.

    • Devraj Sundara Haleangadi
    • Kashyap Venkatesh Subramaniam
    • Balaji Nataraj Sharma
    • Shobha Raju Haleangadi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Processmind Business Solutions Private Limited is 1206 B Wing Kailas Business Park Ghatkopar Powai Link Road Parksite, Vikhr Oli West India, Mumbai, Maharashtra, 400079.

  • The corporate identification number (CIN) of Processmind Business Solutions Private Limited is U72200MH2008PTC184570 and the company number is 184570 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Processmind Business Solutions Private Limited is https://www.processmind.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Processmind Business Solutions Private Limited has risen by 12.77%.

  • As Per 2020 financial reports, 6 employees are currently employed by Processmind Business Solutions Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Processmind Business Solutions Private Limited has experienced an upsurge of 2.84%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Processmind Business Solutions Private Limited amount to ₹ 1.10 Cr.

  • The most recent Balance Sheet for Processmind Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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