About Mri Software India Private Limited
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Mri Software India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Castleton Technology Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016FTC086251. Its GSTIN is 29AAGCC3571R1ZX (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹31 Lakh and a paid-up capital of ₹31 Lakh. It was formerly known as Carbonnv Infologic India Private Limited and Castleton Technology India Private Limited. It is led by directors Padmanabha Thirumalaiah (Managing Director) and Sekhar Supraja Gayathri.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹163.03 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹18.18 Cr (net margin 11.2%) and EBITDA of ₹28.92 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 96% over five years.
The company has about 503 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MRI Software. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2022. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Excelencia I Tech Consulting Private Limited with revenue of ₹169.11 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrisoftware.com.
Company details
Name history
Mri Software India has undergone 2 name changes throughout its history. The company was previously known as Carbonnv Infologic India Private Limited, and Castleton Technology India Private Limited. The current legal name is Mri Software India Private Limited.
| Company Name | Status |
|---|---|
| Mri Software India Private Limited | Current |
| Carbonnv Infologic India Private Limited | Previous |
| Castleton Technology India Private Limited | Previous |
Contact details
Mri Software India Private Limited's registered office is in Bangalore, Karnataka. Its website is mrisoftware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Commerce@Mantri Survey No. 12/1 & 2, N S Palya Btm 2nd Stage, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Mri Software India Private Limited, buy the company report.
- 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
Brands
Mri Software India operates one associated brand: MRI Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Property management software is provided for residential and commercial properties. | mrisoftware.com |
Business activity
The main business activity of Mri Software India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Mri Software India Private Limited, buy the company report.
Financials of Mri Software India Private Limited
FY 2025 filings availableMri Software India Private Limited reported revenue of ₹163.03 Cr (up 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 96% over five years, including 75% growth in the latest year. EBITDA rose 73% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.92 Cr | ||||
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| Net Profit (PAT) | ₹18.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 11.2% | ||||
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To see the full financial statements and ratios of Mri Software India Private Limited, buy the company report.
Board of directors of Mri Software India Private Limited
Mri Software India has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabha Thirumalaiah | Managing Director | 21 Mar 2023 | 3 Years 7 Months | Current |
| Sekhar Supraja Gayathri | Additional Director | 22 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Mri Software India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Excelencia I Tech Consulting Private Limited | ₹169.11 Cr (FY 2024) | 133.0% | Chennai, Tamil Nadu, India | |||
| Apmosys Technologies Private Limited | ₹167.37 Cr (FY 2025) | 56.0% | Navi Mumbai, Maharashtra, India | |||
| Arceus Infotech Private Limited | ₹166.82 Cr (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Ubisoft Entertainment India Private Limited | ₹164.56 Cr (FY 2025) | -7.0% | Pune, Maharashtra, India | |||
| Sankhya Infotech Limited | ₹164.23 Cr (FY 2019) | -11.0% | Hyderabad, Telangana, India | |||
| Mri Software India Private Limitedthis company | ₹163.03 Cr (FY 2025) | ₹18.18 Cr | 11.2% | 75.0% | 503 | Bangalore, Karnataka, India |
| Corecard Software India Private Limited | ₹162.43 Cr (FY 2025) | -9.0% | Bhopal, Madhya Pradesh, India | |||
| Orangescape Technologies Private Limited | ₹161.36 Cr (FY 2025) | 22.0% | Old Mahabalipuram Road, Tamil Nadu, India | |||
| Firstsource Provider Services Private Limited | ₹160.98 Cr (FY 2025) | 32.0% | Taramani Chennai, Tamil Nadu, India | |||
| Vsoft Technologies Private Limited | ₹160.82 Cr (FY 2020) | -7.0% | Hyderabad, Telangana, India | |||
| Trinet Global Technology Centre India Private Limited | ₹160.54 Cr (FY 2025) | 121.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mri Software India Private Limited, buy the company report.
Auditor
Mri Software India Private Limited is audited by Varma & Varma Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma & Varma Chartered Accountants | FY 2023 | 004532S |
Shareholding
The shareholding of Mri Software India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Mri Software India Private Limited, buy the company report.
Deals & funding
Mri Software India Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Castleton Technology Limited & Castleton Technologies Limited, Castleton Technology Limited Seller: Castleton Technology Intermediate Holding Company Limited, Castleton Technology Intermediate Holding Company Limited & Castleton Technologies Limited |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Castleton Technology Intermediate Holding Company Limited, Castleton Technology Intermediate Holding Company Limited & Castleton Technologies Limited Seller: 4 individuals |
| Jun 2018 | Rights issue | ₹17.9 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mri Software India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mri Software India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mri Software India Private Limited has a workforce of 503 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Mri Software India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC3571R1ZX | Karnataka | Active | 01 Jul 2017 |
| 24AAGCC3571R1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mri Software India Private Limited, buy the company report.
Recent activity
Mri Software India Private Limited has 13 board changes on record since 2018: 2 appointments and 11 cessations. The latest: Sekhar Supraja Gayathri was appointed as Additional Director on 22 Jan 2025.
4 earlier events are in the company report.
News
Frequently asked questions
Mri Software India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 February 2016 (10+ years old) and is registered under CIN U72200KA2016FTC086251.
Mri Software India has 2 current directors:
- Padmanabha Thirumalaiah - Managing Director
- Sekhar Supraja Gayathri - Additional Director
The latest financial statements of Mri Software India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Mri Software India is 29AAGCC3571R1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCC3571R1Z7 (Gujarat).
The CIN (Corporate Identification Number) of Mri Software India is U72200KA2016FTC086251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mri Software India was incorporated on 17 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Mri Software India has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in July 2022.
The peers of Mri Software India by revenue are Excelencia I Tech Consulting Private Limited, Apmosys Technologies Private Limited, Arceus Infotech Private Limited, Ubisoft Entertainment India Private Limited, Sankhya Infotech Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Sekhar Supraja Gayathri was appointed as Additional Director on 22 Jan 2025. Padmanabha Thirumalaiah ceased to be Additional Director on 25 Apr 2023. Padmanabha Thirumalaiah was appointed as Managing Director on 21 Mar 2023. Mri Software India has 13 board changes on record in total.
Mri Software India can be reached through the website mrisoftware.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mri Software India is at 8th Floor Commerce@Mantri Survey No. 121 & 2, N S Palya Btm 2nd Stage, Bangalore, Karnataka, India – 560076.