COMPANY INTELLIGENCE PROFILE
Mithi Software Technologies Private Limited
Pune-based enterprise software company (since 1993) making cloud email, email-archiving and data-compliance products (Vaultastic, SkyConnect).
Mithi Software Technologies Private Limited is a Pune-based enterprise software company established in 1993. It specializes in cloud email, email archiving, and data compliance solutions under products like Vaultastic and SkyConnect. Operating in the computer/IT services sector, its offerings cater to mid-to-large enterprises, emphasizing regulatory compliance. The latest audited financials report a revenue of approximately ₹7.72 crore and a net profit margin of 7.03 percent. The company is bootstrapped and founder-owned.
AI-generated, may contain errors.
Business Overview
- Enterprise SaaS company, est. products since ~2005, providing information-management, email infrastructure, and data-protection/compliance software for mid-to-large and regulated enterprises.
- Flagship products: Vaultastic, cloud email archiving / eDiscovery / compliance, SkyConnect, hybrid/cloud business email & collaboration, LegacyFlo, data migration/ETL, ClrStream, high-volume transactional email/notifications, and Ideolve, incident management / team collaboration workspace.
- Emphasizes RBI/SEBI/IRDAI/MeitY/CERT-In compliance
- ISO 27001 & SOC 2 certified
- Distributed via AWS Marketplace, GeM, Tata Tele and channel partner Redington India.
Sector & Classification
Computer/IT related services (software products) — NIC 72xxx per CIN class U72300
Directors & Key Management
Directors — source notes
7 directors (DINs per Tofler): - Tarun Vijaynath Malaviya — DIN 00445429 (Managing Director; since 1993) - Ashok Vijaynath Malaviya — DIN 00445253 (since 1993) - Sunil Vasudev Uttamchandani — DIN 00583873 (since 1993) - Koushik Sekhar — DIN 00410700 (since ~2010) - Shrikant Jayawant Patil — DIN 01501715 (since 2010) - Aditi Tarun Malaviya — DIN 00185499 (since 2015) - Arun Sunder Jethmalani — DIN 00375023 (since 2015)
GST Registrations
Primary GSTIN: 27AABCM9352P1ZT (Maharashtra, state code 27) — status presumed Active (not independently confirmed on a GSTIN detail page; knowyourgst page returned 404). PAN: AABCM9352P. Home state: Maharashtra. Number of registrations: not obtained (at least 1 confirmed).
Financials
Mithi Software Technologies reported approximately ₹7.72 crore in revenue for FY 2025 with a net profit margin of 7.03%. Despite revenue growth uncertainties, net profit surged by 190.6% YoY. The debt-to-equity ratio is 0.18, and net worth declined by 7.96% YoY. The company employs around 27 people.
AI-generated, may contain errors.
| Latest audited FY, ended 31 Mar 2025, standalone: | |
| Revenue | ~₹7.72 Cr, per TheCompanyCheck. SOURCE CONFLICT on growth: TheCompanyCheck shows +17% YoY; Tofler shows total revenue -6.49% YoY — treat direction as uncertain. |
| Net profit margin | ~7.03% → implied PAT ≈ ₹0.5 Cr; Net profit +190.6% YoY (Tofler). |
| EBITDA | -6.6% YoY, Tofler; absolute not obtained. |
| Net worth | -7.96% YoY, absolute not obtained. |
| Borrowings | +47.15% YoY; Debt-to-Equity 0.18 (Tofler). |
| ROE | ~7.53%. Employees ~27. |
| Absolute EBITDA/PAT/net-worth figures behind paywall — marked partial. | |
Funding History
- No external equity funding found — appears bootstrapped/founder-owned. none found
Loans & Charges
- No charges registered on assets (per Tofler). none found
Credit Ratings
- No CRISIL/ICRA/CARE rating found. none found
Legal & Compliance
- Income-tax appellate matters before ITAT-Pune: Mithi Software Technologies Pvt Ltd vs ITO — AY 2007-08 (order 2017), AY 2008-09 (order 2020), AY 2014-15 (order 2026).
- These are routine tax appeals.
- A "CBI / Gauhati High Court (2022)" hit also surfaced in the name search but is very likely an unrelated entity/false positive — not attributed to this company.
Competitive Landscape
- Vaultastic, email archiving/compliance, peers: Barracuda Message Archiver (large, global), Mimecast (large, global), Mailstore/OpenText (large), SolarWinds/SpamExperts archiving (mid).
- SkyConnect, business email/collaboration, peers: Zoho Mail (large, India), Google Workspace & Microsoft 365, very large, global, Zimbra/Synacor (mid).
- Mithi itself is a small niche India-based player.
Frequently Asked Questions
What does Mithi Software Technologies Private Limited do?
Mithi Software Technologies Private Limited is a Pune-based enterprise software company established in 1993. It develops cloud email, email-archiving, and data-compliance products such as Vaultastic and SkyConnect for mid-to-large and regulated enterprises.
What is the CIN of Mithi Software Technologies Private Limited?
The CIN of Mithi Software Technologies Private Limited is U72300PN1993PTC072002.
What is the GSTIN of Mithi Software Technologies Private Limited?
The primary GSTIN of Mithi Software Technologies Private Limited is 27AABCM9352P1ZT, which corresponds to Maharashtra with the state code 27.
When was Mithi Software Technologies Private Limited incorporated?
Mithi Software Technologies Private Limited was incorporated in the year 1993.
Where is the registered office of Mithi Software Technologies Private Limited?
The registered office of Mithi Software Technologies Private Limited is located at S-134 Baner, Opposite Anand Park Building, G-2 Flat 3+4, ITI Road, Pune, Maharashtra, 411007.
Sources
TheCompanyCheck (company page), Tofler (company page, DINs, financial ratios, charges), Falconebiz (landing), WebSearch aggregation (GSTIN 27AABCM9352P1ZT, directors), mithi.com (products, logo), 6sense/ITQlick (competitors), IndianKanoon (ITAT tax cases).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.