Mindstec Distribution Private Limited - Due diligence report

A 360° intelligence report on Mindstec: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…

2007-11-27 Bangalore North, Karnataka Active Unlisted Active Compliant
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MD Mindstec Distribution Private Limited
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Mindstec — 360° Intelligence Report

Generated from MCA filings & public records
95/100
Trust Score
Low Risk

Mindstec is assessed as Low Risk with a Trust Score of 95/100. Mindstec is an active private limited indian non-government company incorporated in 2007, operating in the Consumer Electronics & Durables sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 09 Jul 2026 from the latest processed filings. Mindstec Distribution Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
95/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 7 open (47.99 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited7 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
NANJUNDAPPA SABARISHAN 01234567 Director 01/04/2018 6 yrs Approved
SYED WAHAB ABDUL 01234567 Director 01/04/2018 6 yrs Approved
MANASA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
1
Group entities
1
Capital events
0 allotment(s) · 2 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Csd Technologies Private Limited Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Asset base grew 61% - capacity expansion.
Net margin improved to 38%.
Operating for 18+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 1.42 in a year.
7 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence92/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment78/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 7 open charge(s) of 47.99 cr already registered.
  • Compliance record supports lending.
Investor view95/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
26 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
19 Oct 2024
Charge created
Hdfc Bank Limited - 27.00 Lakh
29 Aug 2024
Charge created
Hdfc Bank Limited - 13.50 cr
23 Jan 2023
Charge created
Hdfc Bank Limited - 17.35 Lakh
31 Dec 2022
Charge created
Hdfc Bank Limited - 14.58 Lakh
28 Dec 2022
Charge created
Hdfc Bank Limited - 68.16 Lakh
13 Oct 2022
Charge created
Hdfc Bank Limited - 22.41 Lakh
21 Mar 2022
Charge created
Hdfc Bank Limited - 33.00 cr
30 Sep 2019
Director ceased
MANASA
31 Mar 2019
Share transfer (FY 2019)
100.00000000 shares to NANJUNDAPPA SABARISHAN
Share transfer (FY 2019)
800.00000000 shares to SYED ABDUL WAHAB
19 Sep 2018
Director ceased
NANJUNDAPPA SABARISHAN
13 Jun 2018
Director appointed
NANJUNDAPPA SABARISHAN (Director)
14 Mar 2014
Director appointed
MANASA (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Oceanic Developers Pvt Ltd U45202WB1994PTC064709 Kolkata, West Bengal, India
Royal Spices U74120UP2011PTC044871 Chandauli, Uttar Pradesh, India
Nexus Safety Solutions Private Limited U74920KA2008PTC045508 Bangalore, Karnataka, India
Vansaar U52100WB1992PTC054320 Kolkata, West Bengal, India
Mls Nuts Private Limited U51900PB2020PTC050597 Amritsar, Punjab, India
Sangam Buildway India U45400HR2010PTC040480 Gurgaon, Haryana, India
Italiano Fabrics Private Limited U18101DL2005PTC138243 New Delhi, Delhi, India
Orient Enterprise (Gujarat) Private Limited U51100GJ2005PTC045768 Ahmedabad, Gujarat, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Mindstec before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mindstec: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Mindstec - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 95/100, distress signals and MSME payment-delay disclosures - know whether Mindstec pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Mindstec - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mindstec an active company?

Mindstec has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Mindstec financially healthy?

Mindstec has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Mindstec?

Its overall Trust Score is 95/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mindstec?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Mindstec have loans or charges against its assets?

7 open charge(s) are registered against its assets.

Is Mindstec up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Mindstec?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.