About Mi2 Soft Private Limited
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Mi2 Soft Private Limited is a private limited company based in Atmakur, Andhra Pradesh, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 10 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72200AP2015PTC096176. Its GSTIN is 37AAJCM6214C1ZO (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Murali Krishna Avadhanam (Managing Director) and Lakshmi Narasimha Srikanth Bondalapati (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H No ; 1 – 16/8 Behind .Mpo Office Atmakur Post, Andhra Pradesh, India – 518422.
As per the financials filed for FY 2021, the company reported a revenue of ₹24.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.15 Lakh (net margin 8.8%) and EBITDA of ₹3.55 Lakh (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mi2soft.com.
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- TelephoneLocked
- Website
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- Registered AddressH No ; 1 – 16/8 Behind .Mpo Office Atmakur Post, Andhra Pradesh, India – 518422
- IndustryInformation Technology, Consultancy, Computer Programming
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Mi2 Soft Private Limited
The main business activity of Mi2 Soft is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mi2 Soft Private Limited FY 2021 filings available
Mi2 Soft Private Limited reported revenue of ₹24.42 Lakh (up 218% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Mi2 Soft Private Limited
Revenue rose 218% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 208% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Mi2 Soft Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.15 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mi2 Soft Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mi2 Soft are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mi2 Soft Private Limited
Mi2 Soft Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bavista Cybertech India Private Limited | ₹24.46 Lakh (FY 2024) | •••• | •••• | 208.0% | •••• | Chennai, Tamil Nadu, India |
| Rudram Softech Private Limited | ₹24.46 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Ahmedabad, Gujarat, India |
| Iceberg Media Private Limited | ₹24.46 Lakh (FY 2021) | •••• | •••• | -80.0% | •••• | Navi Mumbai, Maharashtra, India |
| Techwave IT Solutions Private Limited | ₹24.45 Lakh (FY 2024) | •••• | •••• | -19.0% | •••• | Indore, Madhya Pradesh, India |
| Qsura India Private Limited | ₹24.44 Lakh (FY 2025) | •••• | •••• | 388.0% | •••• | Delhi, India |
| Mi2 Soft Private Limited this company | ₹24.42 Lakh (FY 2021) | •••• | •••• | 218.0% | •••• | Atmakur, Andhra Pradesh, India |
| Turner Technologies Private Limited | ₹24.42 Lakh (FY 2025) | •••• | •••• | 2526.0% | •••• | Secunderabad, Telangana, India |
| Ezinet Broadband Services Private Limited | ₹24.4 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | Nashik, Maharashtra, India |
| S K IT Connects Private Limited | ₹24.36 Lakh (FY 2024) | •••• | •••• | •••• | Vijayawada, Andhra Pradesh, India | |
| Advanzala Infotech Private Limited | ₹24.34 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Delhi, India |
| RKV IT Solutions Private Limited | ₹24.34 Lakh (FY 2021) | •••• | •••• | 152.0% | •••• | Hajipur, Bihar, India |
Peers are the five companies nearest above and the five nearest below Mi2 Soft by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mi2 Soft Private Limited
Mi2 Soft Private Limited is audited by MOS & ASSOCIATES LLP for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOS & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mi2 Soft Private Limited
Mi2 Soft has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Narasimha Srikanth Bondalapati | Whole-Time Director | 06 Jul 2016 | 10 Years 3 Months | Current |
| Murali Krishna Avadhanam | Managing Director | 01 Jun 2015 | 11 Years 4 Months | Current |
| Neelima Avadhanam | Director | 10 Feb 2015 | 11 Years 8 Months | Current |
| Janaki Priyadarshini Virivinti | Director | 10 Feb 2015 | 11 Years 8 Months | Current |
Ownership and Shareholding of Mi2 Soft Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mi2 Soft Private Limited
Mi2 Soft Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mi2 Soft Private Limited
Employment history and EPFO contributions of people linked to Mi2 Soft.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mi2 Soft Private Limited
Mi2 Soft Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Lakshmi Narasimha Srikanth Bondalapati was appointed as Whole-Time Director on 06 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Mi2 Soft Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mi2 Soft Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mi2 Soft Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mi2 Soft Private Limited
Mi2 Soft has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCM6214C1ZO | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mi2 Soft Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mi2 Soft Private Limited
Mi2 Soft is an active private limited company based in Atmakur, Andhra Pradesh, India. The company works in consultancy, within the information technology industry. It was incorporated on 10 February 2015 (11+ years old) and is registered under CIN U72200AP2015PTC096176.
Mi2 Soft reported revenue of ₹24.42 Lakh for FY 2021 (up 218% YoY).
Mi2 Soft has 4 current directors:
- Murali Krishna Avadhanam - Managing Director
- Lakshmi Narasimha Srikanth Bondalapati - Whole-Time Director
- Neelima Avadhanam - Director
- Janaki Priyadarshini Virivinti - Director
Mi2 Soft reported a net profit of ₹2.15 Lakh (net margin 8.8%) and EBITDA of ₹3.55 Lakh (EBITDA margin 14.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mi2 Soft is -24% over three years and -10% over five years. In the latest year (FY 2021) revenue rose 218%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mi2 Soft is 37AAJCM6214C1ZO, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Mi2 Soft is U72200AP2015PTC096176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mi2 Soft was incorporated on 10 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Mi2 Soft by revenue are Bavista Cybertech India Private Limited, Rudram Softech Private Limited, Iceberg Media Private Limited, Techwave IT Solutions Private Limited, Qsura India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Lakshmi Narasimha Srikanth Bondalapati was appointed as Whole-Time Director on 06 Jul 2016. Saraswathi Kota ceased to be Director on 14 Mar 2016. Usha Sri Dasari ceased to be Director on 14 Mar 2016. Mi2 Soft has 6 board changes on record in total.
Mi2 Soft can be reached through the website mi2soft.com. Its registered office is in Atmakur, Andhra Pradesh, India.