About Msitek Software Solutions Private Limited
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Msitek Software Solutions Private Limited is a private limited company based in Chandigarh, India, a subsidiary of Msitek Llc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200CH2016PTC035955. Its GSTIN is 04AAKCM2016M1ZJ (Chandigarh). The company holds 2 GST registrations, all of them 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 Payal Malik and Ajeet Mahendra Tiwari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. C – 28 Kendriya Vihar Sector 48B, Chandigarh, India – 160049.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.96 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹86.59 Lakh (net margin 8.7%) and EBITDA of ₹1.17 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 14% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Msitek.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website msitekus.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No. C – 28 Kendriya Vihar Sector 48B, Chandigarh, India – 160049
- IndustryInformation Technology, Software Development & Support Services
- 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 Msitek Software Solutions Private Limited
The main business activity of Msitek Software Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| 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 |
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 Msitek Software Solutions Private Limited FY 2025 filings available
Msitek Software Solutions Private Limited reported revenue of ₹9.96 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Msitek Software Solutions Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 10% 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 Msitek Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹86.59 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Msitek Software Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.7% | •••• | •••• | •••• | •••• |
| 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 Msitek Software Solutions are in the company report.
Financial statements from FY 2016
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 Msitek Software Solutions Private Limited
Msitek Software Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siyaton Software Solutions Private Limited | ₹10.01 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Ameerpet, Telangana, India |
| Triassic Solutions Private Limited | ₹10.01 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Thiruvananthapuram, Kerala, India |
| Ascendeum Private Limited | ₹10 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Adaptive Mobile Security Solutions India Private Limited | ₹10 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Novalnet E-Solutions Private Limited | ₹9.98 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
| Msitek Software Solutions Private Limited this company | ₹9.96 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Chandigarh, India |
| Communication Platform India Private Limited | ₹9.95 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore North, Karnataka, India |
| Veelya Software Private Limited | ₹9.93 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Infinisync Consulting (OPC) Private Limited | ₹9.92 Cr (FY 2025) | •••• | •••• | 3633.0% | •••• | New Delhi, Delhi, India |
| Razorleaf IT Solutions Private Limited | ₹9.91 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Pune, Maharashtra, India |
| Saasify Solutions Private Limited | ₹9.9 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Kancheepuram, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Msitek Software Solutions by revenue in the Information Technology industry (Software Services), 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 Msitek Software Solutions Private Limited
Msitek Software Solutions Private Limited is audited by SRGM & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SRGM & CO. | 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 Msitek Software Solutions Private Limited
Msitek Software Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Malik | Director | 19 Feb 2016 | 10 Years 7 Months | Current |
| Ajeet Mahendra Tiwari | Director | 19 Feb 2016 | 10 Years 7 Months | Current |
| Sheelam Maurya | Director | 11 May 2018 | 8 Years 4 Months | Current |
| Ashoo Tuli | Director | 11 May 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Msitek Software Solutions 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 Msitek Software Solutions Private Limited
Msitek Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Msitek Software Solutions Private Limited
Msitek Software Solutions operates one associated brand: MSITEK. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Global SAP partner providing digital solutions and advisory for businesses. | msitekus.com |
Employees and EPFO Compliance at Msitek Software Solutions Private Limited
Msitek Software Solutions Private Limited has a workforce of 33 employees as of Apr 08, 2024.
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 Msitek Software Solutions Private Limited
Msitek Software Solutions Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Ashoo Tuli was appointed as Director on 11 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Msitek Software Solutions 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 Msitek Software Solutions 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 Msitek Software Solutions 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 Msitek Software Solutions Private Limited
Msitek Software Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAKCM2016M1ZJ | Chandigarh | Active | 24 Aug 2017 |
| 29AAKCM2016M1Z7 | Karnataka | Active | 23 May 2019 |
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 Msitek Software Solutions 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 Msitek Software Solutions Private Limited
Msitek Software Solutions is an active private limited company based in Chandigarh, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 February 2016 (10+ years old) and is registered under CIN U72200CH2016PTC035955.
Msitek Software Solutions reported revenue of ₹9.96 Cr for FY 2025 (down 10% YoY).
Msitek Software Solutions has 4 current directors:
- Payal Malik - Director
- Ajeet Mahendra Tiwari - Director
- Sheelam Maurya - Director
- Ashoo Tuli - Director
Msitek Software Solutions reported a net profit of ₹86.59 Lakh (net margin 8.7%) and EBITDA of ₹1.17 Cr (EBITDA margin 11.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Msitek Software Solutions is -4% over three years and 14% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Msitek Software Solutions is 04AAKCM2016M1ZJ, registered in Chandigarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAKCM2016M1Z7 (Karnataka).
The CIN (Corporate Identification Number) of Msitek Software Solutions is U72200CH2016PTC035955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Msitek Software Solutions was incorporated on 19 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Msitek Software Solutions by revenue are Siyaton Software Solutions Private Limited, Triassic Solutions Private Limited, Ascendeum Private Limited, Adaptive Mobile Security Solutions India Private Limited, Novalnet E-Solutions Private Limited and 5 more, all in the Information Technology industry (Software Services).
Ashoo Tuli was appointed as Director on 11 May 2018. Sheelam Maurya was appointed as Director on 11 May 2018. Sheelam Maurya ceased to be Additional Director on 11 May 2018. Msitek Software Solutions has 5 board changes on record in total.
Msitek Software Solutions can be reached through the website msitekus.com. Its registered office is in Chandigarh, India.