Mindspace is a leading manufacturer cum trader of commodity. With a modest initial turnover of Rs.40
Million, the company has grown to a turnover of Rs.1 billion in 4 years’ time.
Mindspace caters to retail and corporate customers across multiple states. Over the past years of
operations, the company has been able to cater to several large and medium corporates on a continuous basis.
We have been able to establish a proven product track record and acceptability with the industry. This was a
key penetration challenge that was overcome by the company.
The company has the vision, proven record, market penetration, expertise and the ability to expand Pan India
over a period of time.
Commodity being a deficit product in the country, as also by the nature of the commodity being critical
to our clients manufacturing activity, the demand is sustained and continuous.
The current annual demand in our region for commodity in the corporate segment is about 0.90 million tons
while in the retail segment is approximately 0.28 million tons. Of this market size, Mindspace is currently
able to cater to 4.40% of the corporate demand and about 5.70% of the retail demand. Based on realistic
capability of market share reach, the company believes that volume growth to the tune of 18% and 12% can be
achieved across corporate and retail customers respectively.