About Mitshi India Limited
Data last updated: 10 February 2026
Mitshi India Limited is a public limited company based in Goregaon East, Maharashtra, India. It specialises in saas (software as a service) providers, a part of the broader technology and IT services sector. Incorporated on 23 July 1990, the company has been in operation for over 36 years.
Registered with ROC Mumbai under CIN U91100MH1990PLC057373.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.8 Cr. Formerly known as Dera Paints and Chemicals Limited. It is led by directors including Kumar Vasantlal Shah and Drashti Tarun Savla.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Goregaon East, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.58 Cr, a decline of 77% compared to the previous year.
The company is associated with 2 brands - Taaza Kitchen, Mitshi. As per MCA filings, the company has satisfied charges of ₹4.85 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 mitshi.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address204 B – Wing Master Mind Iii, E Building Aarey Milk Colony, Goregaon East, Maharashtra, India – 400065
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IndustryInformation Technology, SaaS (Software as a Service) Providers
- 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
CIN History of Mitshi India Limited
Mitshi India Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U91100MH1990PLC057373, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U91100MH1990PLC057373 | Current |
| U99999MH1990PLC057373 | Previous |
| L99999MH1990PLC057373 | Previous |
Associated Brands with Mitshi India Limited
Mitshi India Limited operates two associated brands: Taaza Kitchen and Mitshi. These brands represent Mitshi India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| An online distributor specializing in fresh fruits and vegetables. | taazakitchen.com | |
| Software development services are provided by Mitshi in India. | mitshi.in |
Competitors & Alternatives of Mitshi India Limited
Brands and companies operating in the same space as Mitshi India Limited include Swiggy, Bigbasket, Blinkit and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Swiggy
|
Food and grocery items are ordered via an online network. | Bengaluru, India, India | 2014 |
Bigbasket
|
Personal and household products are delivered via an e-commerce platform. | Bengaluru, India, India | 2011 |
Blinkit
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Instant delivery of groceries and essentials is facilitated online. | Gurugram, India, India | 2013 |
Dunzo
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Operates an on-demand hyperlocal delivery app for food and groceries. | Bengaluru, India, India | 2014 |
Pluckk
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Fresh produce and prepared meal kits are delivered online. | Mumbai, India, India | 2017 |
Otipy
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Grocery products are provided via an online digital storefront. | Gurugram, India, India | 2020 |
RedShelf
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Platform offering digital textbooks for students | Chicago, United States, United States | 2012 |
Unicorn
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Software development services are provided by Unicorn in Prague. | Prague, Czech Republic, Czechia | 1990 |
Hedgehog lab
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Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2007 |
AlmavivA
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IT services suite solutions are provided globally by AlmavivA. | Rome, Italy, Italy | 2005 |
Business Activity of Mitshi India Limited
Mitshi India Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | ********* |
Auditor Details of Mitshi India Limited
Mitshi India Limited is audited by S D P M & CO (ICAI peer reviewed, certificate valid till 2028-02-29) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S D P M & CO (ICAI peer reviewed, certificate valid till 2028-02-29) | FY 2026 | Statement on impact of audit qualification |
Board of Directors of Mitshi India Limited
Mitshi India Limited is currently managed by 5 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Vasantlal Shah | Managing Director | 21 Sep 1990 | 35 Years 9 Months | Current |
| Drashti Tarun Savla | Director | 30 Sep 2015 | 10 Years 9 Months | Current |
| Hanumant Anaji Salunkhe | Director | 31 Mar 2004 | 22 Years 3 Months | Current |
Financials of Mitshi India Limited FY 2026 filings available
Mitshi India Limited reported revenue of ₹2.77 Cr (down 39.37% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.77 Cr | ₹4.58 Cr | ₹20.24 Cr | ₹7.72 Cr | ₹6.92 Cr | ₹6.72 Cr |
| Other Income | ₹0 | ₹1,000 | ₹10,900 | ₹45,000 | ₹2,000 | ₹0 |
| Total Income | ₹2.77 Cr | ₹4.58 Cr | ₹20.24 Cr | ₹7.72 Cr | ₹6.92 Cr | ₹6.72 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹2.66 Cr | ₹4.31 Cr | ₹18.13 Cr | ₹9.18 Cr | ₹6.49 Cr | ₹4.38 Cr |
| Changes in Inventories | -₹25.18 Lakh | ₹0 | ₹1.21 Cr | -₹1.21 Cr | -₹5,000 | ₹1.32 Cr |
| Employee Benefit Expense | ₹6.73 Lakh | ₹6.69 Lakh | ₹11.37 Lakh | ₹19.97 Lakh | ₹11.78 Lakh | ₹32.69 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹7,600 | ₹4.71 Lakh | ₹6.2 Lakh | ₹6.42 Lakh |
| Other Expenses | ₹17.53 Lakh | ₹18.88 Lakh | ₹60.94 Lakh | ₹22.54 Lakh | ₹24.42 Lakh | ₹32.09 Lakh |
| Total Expenses | ₹2.65 Cr | ₹4.57 Cr | ₹20.07 Cr | ₹8.44 Cr | ₹6.91 Cr | ₹6.41 Cr |
| Profit Before Exceptional Items & Tax | ₹12.81 Lakh | ₹1.13 Lakh | ₹16.95 Lakh | -₹72.14 Lakh | ₹1.01 Lakh | ₹31.11 Lakh |
| Exceptional Items | -₹12.06 Lakh | ₹4 Lakh | ₹0 | ₹1.41 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹75,000 | ₹5.13 Lakh | ₹16.95 Lakh | ₹68.36 Lakh | ₹1.01 Lakh | ₹31.11 Lakh |
| Total Tax Expense | ₹19,000 | ₹1.29 Lakh | ₹3.53 Lakh | ₹17.91 Lakh | ₹31,000 | ₹8.58 Lakh |
| Net Profit | ₹56,000 | ₹3.56 Lakh | ₹13.42 Lakh | ₹50.45 Lakh | ₹70,000 | ₹22.53 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹56,000 | ₹3.56 Lakh | ₹13.42 Lakh | ₹50.45 Lakh | ₹70,000 | ₹22.53 Lakh |
| EBITDA (computed) | ₹12.81 Lakh | ₹1.13 Lakh | ₹17.03 Lakh | -₹67.43 Lakh | ₹7.21 Lakh | ₹37.53 Lakh |
| Basic EPS | ₹0.00 | ₹0.04 | ₹0.15 | ₹0.57 | ₹0.01 | ₹0.26 |
| Diluted EPS | ₹0.00 | ₹0.04 | ₹0.15 | ₹0.57 | ₹0.01 | ₹0.26 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Total Assets | ₹3.22 Cr | ₹3.06 Cr | ₹2.96 Cr | ₹2.68 Cr | ₹4.19 Cr | ₹4.18 Cr |
| Non-current Assets | ₹32.99 Lakh | ₹32.99 Lakh | ₹33 Lakh | ₹32.69 Lakh | ₹36.99 Lakh | ₹62.73 Lakh |
| Current Assets | ₹2.89 Cr | ₹2.73 Cr | ₹2.63 Cr | ₹2.35 Cr | ₹3.82 Cr | ₹3.55 Cr |
| Property, Plant & Equipment | ₹64,000 | ₹64,000 | ₹64,000 | ₹72,000 | ₹83,000 | ₹96,000 |
| Inventories | ₹25.18 Lakh | ₹0 | ₹0 | ₹1.21 Cr | ₹16,000 | ₹10,000 |
| Trade Receivables | ₹2.18 Cr | ₹2.43 Cr | ₹2.31 Cr | ₹90.66 Lakh | ₹2.54 Cr | ₹3.24 Cr |
| Cash & Equivalents | ₹40.81 Lakh | ₹24.76 Lakh | ₹27.84 Lakh | ₹18.95 Lakh | ₹24.43 Lakh | ₹26.74 Lakh |
| Equity (Net Worth) | ₹2.73 Cr | ₹2.72 Cr | ₹2.7 Cr | ₹2.56 Cr | ₹2.06 Cr | ₹2.05 Cr |
| Equity Share Capital | ₹8.8 Cr | ₹8.8 Cr | ₹8.8 Cr | ₹8.8 Cr | ₹8.8 Cr | ₹8.8 Cr |
| Borrowings (Non-current) | ₹35.38 Lakh | ₹18.55 Lakh | ₹3.33 Lakh | ₹0 | ₹1.11 Cr | ₹1.04 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹35.38 Lakh | ₹18.55 Lakh | ₹3.33 Lakh | ₹0 | ₹1.11 Cr | ₹1.04 Cr |
| Current Liabilities | ₹13.72 Lakh | ₹14.88 Lakh | ₹22.82 Lakh | ₹11.1 Lakh | ₹1.02 Cr | ₹1.08 Cr |
| Total Liabilities | ₹49.1 Lakh | ₹33.43 Lakh | ₹26.15 Lakh | ₹11.1 Lakh | ₹2.13 Cr | ₹2.13 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹79,000 | -₹18.31 Lakh | ₹4.57 Lakh | ₹1.05 Cr | -₹9.02 Lakh |
| Investing Cash Flow | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Financing Cash Flow | ₹16.83 Lakh | ₹15.22 Lakh | ₹4.33 Lakh | -₹1.11 Cr | ₹6.71 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹79,000 | -₹18.31 Lakh | ₹4.57 Lakh | ₹1.05 Cr | -₹9.02 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹16.04 Lakh | -₹3.09 Lakh | ₹8.9 Lakh | -₹5.48 Lakh | -₹2.31 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.29 Cr | ₹57.19 Lakh | ₹40.53 Lakh | ₹1.03 Cr | ₹1.35 Cr | ₹1.18 Cr | ₹1.01 Cr |
| Other Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Income | ₹1.29 Cr | ₹57.19 Lakh | ₹40.53 Lakh | ₹1.03 Cr | ₹1.35 Cr | ₹1.18 Cr | ₹1.01 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹1.4 Cr | ₹44.73 Lakh | ₹35.61 Lakh | ₹1.01 Cr | ₹1.24 Cr | ₹1.08 Cr | ₹97.59 Lakh |
| Changes in Inventories | -₹25.18 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.67 Lakh | ₹1.7 Lakh | ₹1.67 Lakh | ₹1.67 Lakh | ₹1.7 Lakh | ₹1.68 Lakh | ₹1.64 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹3.91 Lakh | ₹6.73 Lakh | ₹3.19 Lakh | ₹6.19 Lakh | ₹3.34 Lakh | ₹3.91 Lakh | ₹5.44 Lakh |
| Total Expenses | ₹1.21 Cr | ₹53.16 Lakh | ₹40.47 Lakh | ₹1.09 Cr | ₹1.3 Cr | ₹1.14 Cr | ₹1.05 Cr |
| Profit Before Exceptional Items & Tax | ₹8.54 Lakh | ₹4.03 Lakh | ₹6,000 | -₹5.65 Lakh | ₹5.69 Lakh | ₹4.85 Lakh | -₹3.75 Lakh |
| Exceptional Items | -₹12.06 Lakh | ₹0 | ₹0 | ₹4 Lakh | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹3.52 Lakh | ₹4.03 Lakh | ₹6,000 | -₹1.65 Lakh | ₹5.69 Lakh | ₹4.85 Lakh | -₹3.75 Lakh |
| Total Tax Expense | ₹31,000 | ₹1.05 Lakh | ₹0 | ₹0 | ₹1.48 Lakh | ₹28,000 | ₹0 |
| Net Profit | -₹3.83 Lakh | ₹2.98 Lakh | ₹6,000 | -₹1.65 Lakh | ₹4.21 Lakh | ₹4.57 Lakh | -₹3.75 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹3.83 Lakh | ₹2.98 Lakh | ₹6,000 | -₹1.65 Lakh | ₹4.21 Lakh | ₹4.57 Lakh | -₹3.75 Lakh |
| EBITDA (computed) | ₹8.54 Lakh | ₹4.03 Lakh | ₹6,000 | -₹5.65 Lakh | ₹5.69 Lakh | ₹4.85 Lakh | -₹3.75 Lakh |
| Basic EPS | ₹0.00 | ₹0.03 | ₹0.06 | ₹-0.02 | ₹0.05 | ₹0.05 | ₹0.04 |
| Diluted EPS | ₹0.00 | ₹0.03 | ₹0.06 | ₹-0.02 | ₹0.05 | ₹0.05 | ₹0.04 |
| Metrics | FY 2020 | FY 2019 |
|---|---|---|
| Revenue from Operations | ₹9.74 Cr | ₹5.7 Cr |
| Other Income | ₹12.62 Lakh | ₹8.23 Lakh |
| Total Income | ₹9.87 Cr | ₹5.78 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹8.54 Cr | ₹3.52 Cr |
| Changes in Inventories | -₹1.12 Cr | -₹20.02 Lakh |
| Employee Benefit Expense | ₹69.45 Lakh | ₹44.08 Lakh |
| Finance Costs | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹7.87 Lakh | ₹6.95 Lakh |
| Other Expenses | ₹85.68 Lakh | ₹76 Lakh |
| Total Expenses | ₹9.05 Cr | ₹4.59 Cr |
| Profit Before Exceptional Items & Tax | ₹81.56 Lakh | ₹1.19 Cr |
| Exceptional Items | ₹0 | ₹0 |
| Profit Before Tax | ₹81.56 Lakh | ₹1.19 Cr |
| Total Tax Expense | ₹21.28 Lakh | ₹26.28 Lakh |
| Net Profit | ₹60.28 Lakh | ₹93.03 Lakh |
| attributable to Owners | ₹0 | ₹0 |
| attributable to NCI | ₹76,000 | ₹0 |
| Other Comprehensive Income | ₹0 | ₹0 |
| Total Comprehensive Income | ₹60.28 Lakh | ₹93.03 Lakh |
| EBITDA (computed) | ₹89.43 Lakh | ₹1.26 Cr |
| Basic EPS | ₹0.68 | ₹1.04 |
| Diluted EPS | ₹0.68 | ₹1.04 |
| Metrics | FY 2020 | FY 2019 |
|---|---|---|
| Total Assets | ₹4.3 Cr | ₹4.23 Cr |
| Non-current Assets | ₹59.36 Lakh | ₹31.77 Lakh |
| Current Assets | ₹3.71 Cr | ₹3.91 Cr |
| Property, Plant & Equipment | ₹4.68 Lakh | ₹5.64 Lakh |
| Inventories | ₹1.32 Cr | ₹20.02 Lakh |
| Trade Receivables | ₹1.85 Cr | ₹2.13 Cr |
| Cash & Equivalents | ₹36.19 Lakh | ₹20.91 Lakh |
| Equity (Net Worth) | ₹2.92 Cr | ₹2.32 Cr |
| Equity Share Capital | ₹8.8 Cr | ₹8.8 Cr |
| Borrowings (Non-current) | ₹81.46 Lakh | ₹49.07 Lakh |
| Borrowings (Current) | ₹0 | ₹0 |
| Total Debt (computed) | ₹81.46 Lakh | ₹49.07 Lakh |
| Current Liabilities | ₹55.75 Lakh | ₹59.17 Lakh |
| Total Liabilities | ₹1.38 Cr | ₹1.91 Cr |
| Metrics |
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Shareholding Pattern of Mitshi India Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 15.57%, domestic institutional investors hold 0.01%, retail and other public shareholders hold 84.42% of Mitshi India Limited. The company had 21,249 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 15.57% | 15.57% | 15.57% | 15.57% | 15.57% | 15.57% |
| Public | 84.43% | 84.43% | 84.43% | 84.43% | 84.43% | 84.43% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 15.57% | 15.57% | 15.57% |
| Public | 84.43% | 84.43% | 84.43% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Mitshi India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 1997 | Bank of India | ₹40 Lakh | Satisfied |
| 01 Jul 1997 | Bank of India | ₹1 Cr | Satisfied |
| 01 Jul 1997 | Bank of India | ₹25 Lakh | Satisfied |
| 01 Jul 1997 | Bank of India | ₹10 Lakh | Satisfied |
| 01 Jul 1997 | Bank of India | ₹1 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Mitshi India Limited
View historical data on people associated with Mitshi India Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Mitshi India Limited
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GST Compliance of Mitshi India Limited
GSTIN & GST Filing Data of Mitshi India Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mitshi India Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mitshi India Limited
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MSME Payment Delays by Mitshi India Limited
MSME Payment Delays by Mitshi India Limited
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Subsidiaries & Group Companies of Mitshi India Limited
Subsidiaries & Group Companies of Mitshi India Limited
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MCA Filings & Documents of Mitshi India Limited
MCA Filings & Documents of Mitshi India Limited
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Recent Activity on Mitshi India Limited
Recent News on Mitshi India Limited
Frequently Asked Questions about Mitshi India Limited
Mitshi India Limited is an active public limited company in the information technology sector based in Goregaon East, Maharashtra, India. It was incorporated on 23 July 1990 (36+ years old) and is registered under CIN U91100MH1990PLC057373.
Mitshi India Limited reported revenue of ₹4.58 Cr for FY 2025 (down 77.00% YoY).
The current directors of Mitshi India Limited are:
- Kumar Vasantlal Shah
- Umesh Jayantilal Mistry
- Drashti Tarun Savla
- Hanumant Anaji Salunkhe
- Gayatri Umesh Mistry
The primary industry of Mitshi India Limited is information technology. The company specifically operates in saas (software as a service) providers. The company is currently active in this sector.
Mitshi India Limited can be reached at the registered office: 204 B – Wing Master Mind Iii, E Building Aarey Milk Colony, Goregaon East, Maharashtra, India – 400065, or through the website mitshi.in.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹8.8 Cr.