About Probity Software Private Limited
Data last updated:
Probity Software Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2006PTC129062. Its GSTIN is 27AAECP0085F1ZK (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.54 Lakh. It was formerly known as Probity Soft Private Limited. It is led by directors Jitendra Manohar Joshi and Rahul Ramesh Malegaonkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. 906 Bldg No. 5 Ved Vihar Resi 3 Phase S.No. 77/1/1/ Near Ved Bhavan Kothrud, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.53 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹82.01 Lakh (net margin 6.1%) and EBITDA of ₹2.41 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 13% over five years.
The company is associated with 1 brand: Probity Software. As per MCA filings, the company has open charges of ₹6.74 Cr and satisfied charges of ₹4.15 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website probitysoft.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No. 906 Bldg No. 5 Ved Vihar Resi 3 Phase S.No. 77/1/1/ Near Ved Bhavan Kothrud, Pune, Maharashtra, India – 411038
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Probity Software Private Limited
The main business activity of Probity Software is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Probity Software Private Limited FY 2024 filings available
Probity Software Private Limited reported revenue of ₹13.53 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Probity Software Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 8% 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 Probity Software 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 | ₹2.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹82.01 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 Probity Software Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• | •••• | •••• |
| 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 Probity Software are in the company report.
Financial statements from 2015
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 Probity Software Private Limited
Probity Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Smartsense Consulting Solutions Private Limited | ₹13.6 Cr (FY 2023) | •••• | •••• | 13.0% | •••• | Gandhinagar, Gujarat, India |
| Bs&B Technologies Private Limited | ₹13.6 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Graymatrix Solutions Private Limited | ₹13.56 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Buyogo Technologies India Private Limited | ₹13.56 Cr (FY 2024) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Torana Enterprises Private Limited | ₹13.53 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Nagpur, Maharashtra, India |
| Probity Software Private Limited this company | ₹13.53 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Shree Jagannath Techno-Solutions Private Limited | ₹13.53 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Rourkela, Odisha, India |
| Mindmill Software Limited | ₹13.51 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Grainger Industrial Supply India Private Limited | ₹13.5 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Digital Convergence Technologies India Private Limited | ₹13.49 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Medimpact(Gbs) India Private Limited | ₹13.47 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Probity Software by revenue in the Information Technology industry (Application Development), 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 Probity Software Private Limited
Probity Software Private Limited is audited by PGMJ AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PGMJ AND ASSOCIATES | 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 Probity Software Private Limited
Probity Software has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Manohar Joshi Also directs: Equal Experts India Private Limited | Director | 14 Sep 2006 | 20 Years 0 Months | Current |
| Rahul Ramesh Malegaonkar | Director | 21 Nov 2023 | 2 Years 10 Months | Current |
Ownership and Shareholding of Probity Software 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 Probity Software Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2023 | Others | ₹5 Cr | Open |
| 08 Sep 2023 | Others | ₹1.14 Cr | Open |
| 02 Aug 2014 | Hdfc Bank Limited | ₹60.08 Lakh | Open |
| 28 Jul 2023 | Others | ₹1.15 Cr | Satisfied |
| 25 Jul 2022 | Others | ₹3 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Probity Software Private Limited
Probity Software Private Limited has 2 court cases on record: 1 filed by Probity Software, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (CBI) | Company is another party | Pending |
| High Court of Delhi | Writ petition | Filed by the company against National Informatics Centre Services Incorporated & Anr | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Probity Software Private Limited
Probity Software Private Limited has 5 MSME Form 1 returns on record between 2020 and 2023, listing 7 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Varutra Consulting Private Limited | •••• | •••• | •••• |
| Web Werks India Private Limited | •••• | •••• | •••• |
| Kanj & Company LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Probity Software Private Limited
Probity Software operates one associated brand: Probity Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| e-Governance software solutions for municipal, smart city, and housing management in India. | probitysoft.in |
Employees and EPFO Compliance at Probity Software Private Limited
Employment history and EPFO contributions of people linked to Probity Software.
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 Probity Software Private Limited
Probity Software Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Rahul Ramesh Malegaonkar ceased to be Additional Director on 29 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Probity Software 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.
Subsidiaries & Group Companies of Probity Software 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 Probity Software Private Limited
Probity Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP0085F1ZK | Maharashtra | Active | 01 Jul 2017 |
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 Probity Software 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 Probity Software Private Limited
Probity Software is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 September 2006 (20+ years old) and is registered under CIN U72900PN2006PTC129062.
Probity Software reported revenue of ₹13.53 Cr for FY 2025 (down 5% YoY).
Probity Software has 2 current directors:
- Jitendra Manohar Joshi - Director
- Rahul Ramesh Malegaonkar - Director
Probity Software reported a net profit of ₹82.01 Lakh (net margin 6.1%) and EBITDA of ₹2.41 Cr (EBITDA margin 17.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Probity Software is 37% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Probity Software is 27AAECP0085F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Probity Software is U72900PN2006PTC129062. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Probity Software has 2 court cases on record: 1 filed by the company. 1 is pending. Most are in the high courts.
Probity Software was incorporated on 14 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Probity Software by revenue are Smartsense Consulting Solutions Private Limited, Bs&B Technologies Private Limited, Graymatrix Solutions Private Limited, Buyogo Technologies India Private Limited, Torana Enterprises Private Limited and 5 more, all in the Information Technology industry (Application Development).
Rahul Ramesh Malegaonkar ceased to be Additional Director on 29 Sep 2024. Kumar Govindji Majethia ceased to be Director on 21 Nov 2023. Rahul Ramesh Malegaonkar was appointed as Director on 21 Nov 2023. Probity Software has 6 board changes on record in total.
Probity Software has 5 MSME Form 1 returns on record between 2020 and 2023, listing 7 overdue payments to 3 micro and small suppliers. The latest return was filed on 23 Oct 2023.