About Micology Solutions India Private Limited
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Micology Solutions India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Tonkabi Limited, Uk. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019FTC330152. Its GSTIN is 29AAHCT4996J2ZF (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Henry Alistair Croydon and Ashish Pasari.
Its last annual general meeting (AGM) was held on 15 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 Parvati Vaishali Nagar Socy 10th Road. Jvpd Scheme Vile Parle (W), Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.47 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹93.63 Lakh (net margin 8.9%) and EBITDA of ₹1.31 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 80% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Tonka and MiCology.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tonkabi.com.
Company details
Contact details
Micology Solutions India Private Limited's registered office is in Mumbai, Maharashtra. Its website is tonkabi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3 Parvati Vaishali Nagar Socy 10th Road. Jvpd Scheme Vile Parle (W), Mumbai, Maharashtra, India – 400049
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Micology Solutions 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
Micology Solutions India operates two associated brands: Tonka and MiCology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops low-code platforms for insurance policy, claims, and complaints handling. | tonkabi.com | |
| Low-code platform for insurance products and processes is developed. | micology.com |
Business activity
The main business activity of Micology Solutions India is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Micology Solutions India Private Limited, buy the company report.
Financials of Micology Solutions India Private Limited
FY 2025 filings availableMicology Solutions India Private Limited reported revenue of ₹10.47 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 16% growth in the latest year. EBITDA rose 31% 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 | ₹1.31 Cr | ||||
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| Net Profit (PAT) | ₹93.63 Lakh | ||||
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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 | 12.5% | ||||
| Net Profit Margin | 8.9% | ||||
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To see the full financial statements and ratios of Micology Solutions India Private Limited, buy the company report.
Board of directors of Micology Solutions India Private Limited
Micology Solutions India has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Henry Alistair Croydon Also directs: Micro Insurance Services Private Limited | Director | 21 Jun 2024 | 2 Years 4 Months | Current |
| Ashish Pasari | Director | 28 Aug 2025 | 1 Years 2 Months | Current |
| Jonathon Henry Croydon Also directs: Micro Insurance Services Private Limited | Nominee Director | 03 Sep 2019 | 7 Years 1 Months | Current |
| Nallapulu Srinivasa Setty Aditya | Director | 10 Aug 2024 | 2 Years 2 Months | Current |
| Shivaprashanth Nuji Also directs: Micro Insurance Services Private Limited | Director | 07 Jul 2025 | 1 Years 3 Months | Current |
| Uma Maheswara Rao Podili Also directs: Micro Insurance Services Private Limited | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Micology Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abc Infosystems Private Limited | ₹10.6 Cr (FY 2025) | -47.0% | Delhi, India | |||
| Ghati Ventures Investment Holding Private Limited | ₹10.56 Cr (FY 2025) | 31.0% | Delhi, India | |||
| Vnext IT Peripheral Solutions Private Limited | ₹10.56 Cr (FY 2025) | 252.0% | Chennai, Tamil Nadu, India | |||
| Katalyst Business Solutions Private Limited | ₹10.52 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Bhavesh Information Technology and Textiles Private Limited | ₹10.47 Cr (FY 2025) | 37.0% | Bhiwandi, Maharashtra, India | |||
| Micology Solutions India Private Limitedthis company | ₹10.47 Cr (FY 2025) | ₹93.63 Lakh | 8.9% | 16.0% | 24 | Mumbai, Maharashtra, India |
| Vthrive Solutions Private Limited | ₹10.46 Cr (FY 2024) | 68.0% | Pune, Maharashtra, India | |||
| Positiwise Infotech Private Limited | ₹10.45 Cr (FY 2025) | 7.0% | Ahmedabad, Gujarat, India | |||
| SST Technisolutions Private Limited | ₹10.44 Cr (FY 2024) | 23.0% | Jalna, Maharashtra, India | |||
| Spruce Software Technology Private Limited | ₹10.38 Cr (FY 2025) | 27.0% | Hyderabad, Andhra Pradesh, India | |||
| Ansr Global Innovation Center India Private Limited | ₹10.34 Cr (FY 2025) | 85.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Micology Solutions India Private Limited, buy the company report.
Auditor
Micology Solutions India Private Limited is audited by P D M & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D M & ASSOCIATES | FY 2022 | 027742N |
Shareholding
The shareholding of Micology Solutions India Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Micology Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Micology Solutions 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 Micology Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Micology Solutions India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Micology Solutions India Private Limited has a workforce of 24 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Micology Solutions India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT4996J2ZF | Karnataka | Active | 04 Mar 2023 |
To see the full GST registrations and return filing status of Micology Solutions India Private Limited, buy the company report.
Recent activity
Micology Solutions India Private Limited has 13 board changes on record since 2019: 6 appointments and 7 cessations. The latest: Ashish Pasari ceased to be Additional Director on 14 Dec 2025.
4 earlier events are in the company report.
Frequently asked questions
Micology Solutions India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 September 2019 (7+ years old) and is registered under CIN U72900MH2019FTC330152.
Micology Solutions India has 6 current directors:
- Henry Alistair Croydon - Director
- Ashish Pasari - Director
- Jonathon Henry Croydon - Nominee Director
- Nallapulu Srinivasa Setty Aditya - Director
- Shivaprashanth Nuji - Director
- Uma Maheswara Rao Podili - Director
The latest financial statements of Micology Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 December 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Micology Solutions India is 29AAHCT4996J2ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Micology Solutions India is U72900MH2019FTC330152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micology Solutions India was incorporated on 03 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Micology Solutions India by revenue are Abc Infosystems Private Limited, Ghati Ventures Investment Holding Private Limited, Vnext IT Peripheral Solutions Private Limited, Katalyst Business Solutions Private Limited, Bhavesh Information Technology and Textiles Private Limited and 5 more, all in the same principal business activity (information service activities).
Ashish Pasari ceased to be Additional Director on 14 Dec 2025. Shivaprashanth Nuji ceased to be Additional Director on 14 Dec 2025. Uma Maheswara Rao Podili ceased to be Additional Director on 14 Dec 2025. Micology Solutions India has 13 board changes on record in total.
Micology Solutions India can be reached through the website tonkabi.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Micology Solutions India is at 3 Parvati Vaishali Nagar Socy 10th Road. Jvpd Scheme Vile Parle W, Mumbai, Maharashtra, India – 400049.
Micology Solutions India operates in the information technology industry, in the application development and software solutions segment.