About Mastersoft Erp Solutions Private Limited
Data last updated: 17 December 2025
Mastersoft Erp Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India. It specialises in enterprise resource planning (erp) solutions, a part of the broader technology and IT services sector. Incorporated on 20 May 2015, the company has been in operation for over 11 years.
Registered with ROC Mumbai under CIN U72900MH2015PTC264680.
Capital: an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.12 Cr. It is led by directors including Sham Vallabhdas Somani and Gurudeo Sham Somani.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Sector 21, Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.43 Cr, a growth of 26% compared to the previous year.
The company has a workforce of approximately 218 employees as per the latest available data.
The company is associated with 3 brands - Atcovation, Mastersoft Erp Solutions, Feepayr. As per MCA filings, the company has open charges of ₹22.32 Cr and satisfied charges of ₹4.28 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iitms.co.in.
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Registered AddressPlot No. 8B – 1 Sector 21 Non – Sez Near Moraj, Mihan Khapri, Nagpur, Maharashtra, India – 441108
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IndustryInformation Technology, Enterprise Resource Planning (ERP) Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Mastersoft Erp Solutions Private Limited
Mastersoft Erp Solutions Private Limited operates multiple associated brands including Atcovation, MasterSoft ERP Solutions, and Feepayr. These brands represent Mastersoft Erp Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Atcovation delivers a comprehensive communications app for parents, teachers, and school administrators. | atcovation.com | |
| Online fee collection is managed for educational institutions. | feepayr.com | |
| ERP solutions and IT services for educational institutions. | mastersofterp.in |
Competitors & Alternatives of Mastersoft Erp Solutions Private Limited
Brands and companies operating in the same space as Mastersoft Erp Solutions Private Limited include PowerSchool, GoGuardian, Sdui and 7 more.
| Competitor | Description | Location | Founded |
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Cloud-based software for K-12 education is provided. | Folsom, United States, United States | 1997 |
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School devices and student activities are monitored via AI platform. | Los Angeles, United States, United States | 2014 |
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A communication platform is offered for parents, teachers, and students. | Koblenz, Germany, Germany | 2018 |
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Communication platform for colleges with AI-driven student engagement is provided. | Burlington, United States, United States | 2010 |
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End-to-end SaaS-based K-12 education solutions are provided. | Hyderabad, India, India | 2007 |
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Provider of app-based parent-teacher communication solutions | Santa Barbara, United States, United States | 2011 |
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Learning management system is provided for K-12 schools and districts. | New York, United States, United States | 1999 |
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Classroom activities are documented and shared via an iPad-based system. | Boston, United States, United States | 2012 |
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A communication platform is provided for educational communities by Remind. | San Francisco, United States, United States | 2011 |
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Teachers' activities and parent communications are managed via a platform. | New York, United States, United States | 2014 |
Business Activity of Mastersoft Erp Solutions Private Limited
Mastersoft Erp Solutions Private Limited is engaged in principal business activities including information and communication and trade, with detailed activities including publishing of computer operating systems, system software, application software, games, etc., retail trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Mastersoft Erp Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Mastersoft Erp Solutions Private Limited
Mastersoft Erp Solutions Private Limited is audited by PANPALIYA TAORI & CO for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| PANPALIYA TAORI & CO | Locked | Locked | Locked |
Complete auditor history for Mastersoft Erp Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Mastersoft Erp Solutions Private Limited
Mastersoft Erp Solutions Private Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sham Vallabhdas Somani | Director | 20 May 2015 | 11 Years 3 Months | Current |
| Gurudeo Sham Somani | Director | 20 May 2015 | 11 Years 3 Months | Current |
| Maya Sham Somani | Director | 20 May 2015 | 11 Years 3 Months | Current |
Financials of Mastersoft Erp Solutions Private Limited FY 2024 filings available
Mastersoft Erp Solutions Private Limited reported revenue of ₹53.43 Cr (up 26.00% YoY) for FY 2025.
Ten-year financial statements for Mastersoft Erp Solutions Private Limited
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Ownership and Shareholding of Mastersoft Erp Solutions Private Limited
Shareholding and ownership data for Mastersoft Erp Solutions Private Limited
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Charges & Borrowings of Mastersoft Erp Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2021 | Hdfc Bank Limited | ₹22.32 Cr | Open |
| 25 Sep 2020 | Others | ₹17.5 Lakh | Satisfied |
| 07 Aug 2019 | Others | ₹4.1 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Mastersoft Erp Solutions Private Limited
Mastersoft Erp Solutions Private Limited has a workforce of 218 employees as of Sep 11, 2025.
Employee and EPFO history for Mastersoft Erp Solutions Private Limited
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GST Compliance of Mastersoft Erp Solutions Private Limited
GST registrations and filing compliance for Mastersoft Erp Solutions Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mastersoft Erp Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Mastersoft Erp Solutions Private Limited
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MSME Payment Delays by Mastersoft Erp Solutions Private Limited
MSME payment history for Mastersoft Erp Solutions Private Limited
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Subsidiaries & Group Companies of Mastersoft Erp Solutions Private Limited
Corporate group structure for Mastersoft Erp Solutions Private Limited
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MCA Filings & Documents of Mastersoft Erp Solutions Private Limited
MCA filings and documents for Mastersoft Erp Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Mastersoft Erp Solutions Private Limited
Frequently Asked Questions about Mastersoft Erp Solutions Private Limited
Mastersoft Erp Solutions Private Limited is an active private limited company in the information technology sector based in Nagpur, Maharashtra, India. It was incorporated on 20 May 2015 (11+ years old) and is registered under CIN U72900MH2015PTC264680. The company has 218 employees.
Mastersoft Erp Solutions Private Limited reported revenue of ₹53.43 Cr for FY 2025 (up 26.00% YoY).
The current directors of Mastersoft Erp Solutions Private Limited are:
- Sham Vallabhdas Somani - Director
- Gurudeo Sham Somani - Director
- Maya Sham Somani - Director
The primary industry of Mastersoft Erp Solutions Private Limited is information technology. The company specifically operates in enterprise resource planning (erp) solutions. The company is currently active in this sector.
Mastersoft Erp Solutions Private Limited can be reached at the registered office: Plot No. 8B – 1 Sector 21 Non – Sez Near Moraj, Mihan Khapri, Nagpur, Maharashtra, India – 441108, or through the website iitms.co.in.
The authorised capital is ₹7.5 Cr, and the paid-up capital is ₹6.12 Cr.