Mynd Solutions Private Limited - Company overview

M1Xchange was incorporated on 1 February 2002 and is registered with ROC Delhi I.

2002-02-01 New Delhi, Delhi Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▲ 56.1%
FY 2026
PROFIT / LOSS
₹10–25 Cr
▲ 66.8%
FY 2026
EBITDA
₹25–50 Cr
▲ 116.8%
FY 2026
NET WORTH
₹100–500 Cr
▲ 21.3%
FY 2026
TOTAL ASSETS
₹100–500 Cr
▲ 25.5%
FY 2026
EMPLOYEE COUNT
221–230
OPEN CHARGES
2
-
PAID-UP CAPITAL
84.72 cr
AUTHORISED CAPITAL
97.76 cr
COMPANY AGE
24 Years 9 Months
since 2002-02-01
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-06-25
ACTIVE GST
5
Updated: 2023-10-30 18:53:44
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
2
20.00 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for M1Xchange covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
79/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (51), financial health (95), director (90) and company-foundation signals.
  • Operating for 24+ years.
Compliance Score Moderate
51/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2026.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 8 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About M1Xchange Company identity, industry, contact, and registration details from MCA and company records.

M1Xchange was incorporated on 1 February 2002 and is registered with ROC Delhi I. It is an active private limited company, now about 24 years old. Its registered office is at F-83East Of Kailash, New Delhi, Delhi.

Its filings describe the main line of business as other financial activities, which made up 100% of turnover.

It has eight directors: Vijay Premji Thacker, Brijesh Kumar Agrawal, Vivek Misra and 5 others. The longest-serving is Neeru Mohindru, on the board since 2002; the most recent to join is Rajeev Garg, appointed in March 2025. 11 former directors are on record; the most recent to leave was Kiran Vittal Poojary in June 2023. Between them, the directors also sit on the boards of 19 other companies, including Mynd Integrated Solutions Private Limited and Aapt Outsourcing Solutions Private Limited.

Paid-up capital stands at ₹84.72 crore out of ₹97.76 crore authorised. The last AGM on record was on 25 June 2025, for accounts made up to 31 March 2025. All two charges registered against it have been satisfied, so no secured loan is open.

Financial Services ••••••••
  • Location F-83East Of Kailash, New Delhi, Delhi - 110065
  • Website m1xchange.com
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Legal NameMynd Solutions Private Limited
CIN / LLPINU74140DL2002PTC114073
Company No.114073
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2002-02-01
Date of AGM2025-06-25
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Delhi I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of M1Xchange (8) Current board members from MCA filings, including designation and appointment details.

V
Vijay Premji Thacker
Director | Since 2017-09-25 | DIN: 00761544
B
Brijesh Kumar Agrawal
Nominee Director | Since 2022-05-27 | DIN: 00191760
V
Vivek Misra
Officer in default | Since 2024-05-17 | DIN: 00307405
N
Neeru Mohindru
Director | Since 2002-02-01 | DIN: 00307529
S
Sundeep Mohindru
Whole-time director | Since 2006-07-07 | DIN: 00307630
R
Rajeev Garg
Nominee Director | Since 2025-03-28 | DIN: 06763577

Financial Performance of M1Xchange Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2026
Revenue ₹100–500 Cr ▲ 56.1%
P&L ₹10–25 Cr ▲ 66.8%
EBITDA ₹25–50 Cr ▲ 116.8%
Net worth ₹100–500 Cr ▲ 21.3%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of M1Xchange Open and satisfied charges registered against the company with MCA.

Yes Bank Limited : 15.00 cr
3I Infotech Trusteeship Services Limited : 5.00 cr
Open Charges: 2 Satisfied Charges: 2
Open -
Satisfied 20.00 cr
LenderAmountStatus
Yes Bank Limited
Creation Date: 26 Feb 2011
 15.00 cr Closed
3I Infotech Trusteeship Services Limited
Creation Date: 29 Jun 2009
 5.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Financial and insurance ServiceOther financial activities100

Companies With Common Directors Of M1xchange Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Mynd Integrated Solutions Private Limited 2 Shared Directors
Aapt Outsourcing Solutions Private Limited 1 Shared Director
Busy Infotech Private Limited 1 Shared Director
Busy Infotech Pvt Ltd 1 Shared Director
C2fo India Technologies Private Limited 1 Shared Director
C3 India Delivery Centre Llp 1 Shared Director
Crowe Advisory Services (India) Llp 1 Shared Director
Crowe Horwath Consultants Private Limited 1 Shared Director
Crowe Horwath Htl Consultants Private Limited 1 Shared Director
Digital Ecom Techno Private Limited 1 Shared Director
Dyna Infosoft Private Limited 1 Shared Director
Indiamart Intermesh Limited 1 Shared Director
Kaytee Corporation Private Limited 1 Shared Director
Mynd Fintech Private Limited 1 Shared Director
Mynd Ifsc Private Limited 1 Shared Director
Platinum Employhr Systems India Private Limited 1 Shared Director
Playshifu-Terra Llp 1 Shared Director
Shiprocket Limited 1 Shared Director
Vindhya Partners Llp 1 Shared Director

Financial Ratios of M1Xchange Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

12 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of M1Xchange Ownership and contribution detail from filings. Full breakdown unlocks with your report.

10 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at M1Xchange EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of M1Xchange GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for M1Xchange Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by M1Xchange MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of M1Xchange Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

2 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of M1Xchange Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about M1Xchange Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of M1Xchange?
MCA does not publish an "owner" field. M1Xchange is run by its directors, Vijay Premji Thacker, Brijesh Kumar Agrawal, Vivek Misra and five others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of M1Xchange?
M1Xchange has eight current directors: Vijay Premji Thacker (since September 2017), Brijesh Kumar Agrawal (since May 2022), Vivek Misra (since May 2024), Neeru Mohindru (since February 2002), Sundeep Mohindru (since July 2006) and Rajeev Garg (since March 2025), plus 2 more.
What is CIN of M1Xchange?
The CIN of M1Xchange is U74140DL2002PTC114073. Reading it left to right: U means it is not listed, 74140 is the industry code it registered under, DL is Delhi, 2002 is the year it was registered, PTC is the company type and 114073 is its registration number.
When was M1Xchange incorporated?
M1Xchange was incorporated on 1 February 2002 with ROC Delhi I. That makes it about 24 years old.
What is the registered address of M1Xchange?
The registered office on MCA records is F-83East Of Kailash, New Delhi, Delhi - 110065.
What is the current status of M1Xchange?
MCA shows M1Xchange as Active, and its last AGM on record was in June 2025.
What is the contact number or email for M1Xchange?
You can post to its registered office at F-83East Of Kailash, New Delhi, Delhi - 110065 and use its website, https://m1xchange.com.
What industry or business activity is M1Xchange associated with?
Its MCA filings list the main business as other financial activities (100% of turnover).
What is paid-up capital and authorised share capital of M1Xchange?
Paid-up capital is ₹84.72 crore and authorised capital is ₹97.76 crore, so about 87% of the authorised amount has been issued.
When did M1Xchange last file accounts and hold an AGM?
The last AGM on record was on 25 June 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for M1Xchange?
No charge is open. All two charges registered against M1Xchange have been satisfied. Lenders named in the filings include Yes Bank Limited and 3I Infotech Trusteeship Services Limited.
Have any directors left M1Xchange?
Yes, 11 former directors are on record. The most recent to leave were Kiran Vittal Poojary (June 2023), Mahendra Lodha (June 2023) and Heeralal Choudhary (February 2021).
Which companies share directors with M1Xchange?
19 companies share directors with M1Xchange. Among them are Mynd Integrated Solutions Private Limited, Aapt Outsourcing Solutions Private Limited, Busy Infotech Private Limited and 16 more.
What is the turnover or revenue of M1Xchange?
Based on filed financial statements, the revenue of M1Xchange for FY 2026 was in the ₹100–500 Cr range. That is up 56.1% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of M1Xchange?
For FY 2026, the net worth of M1Xchange was in the ₹100–500 Cr range.
How can I get the financial details of M1Xchange?
The latest accounts on record are for FY 2026. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of M1Xchange?
The website on record for M1Xchange is https://m1xchange.com.
Which company owns m1xchange.com?
m1xchange.com is the website listed for Mynd Solutions Private Limited in its company records.
M1Xchange - is it listed or unlisted?
M1Xchange is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of M1Xchange?
M1Xchange is registered with ROC Delhi I.
What is the company classification of M1Xchange?
MCA classifies M1Xchange as: Private Limited Indian Non-Government Company.
Does M1Xchange have subsidiaries?
Yes, 2 subsidiaries are on record for M1Xchange.
Does M1Xchange have GST registrations on file?
Yes, 5 active GST registrations are linked to M1Xchange, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.