Milesalgo Technologies Private Limited

Milesalgo Technologies Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2014PTC073143 Incorporated 21 January 2014 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company business services
Data last updated
Revenue · FY 2018
₹17.13 Lakh
▼ 30% YoY
Net profit · FY 2018
₹20,118
Net margin 1.2%
EBITDA · FY 2018
₹29,676
EBITDA margin 1.7%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹30.93 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
GST registrations
2
None active

About Milesalgo Technologies Private Limited

Data last updated:

Milesalgo Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the csw professional segment of the business services sector. It was incorporated on 21 January 2014.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC073143. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹30.93 Lakh. It was led by directors Vasanthy Neelakantan and Nambiarmadathil Ammukuttyamma Premakumari.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Level 2 Prestige Omega No.104 Epip Zone Whitefield, Bangalore, Karnataka, India – 560066.

As per the financials filed for FY 2018, the company reported a revenue of ₹17.13 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹20,118 (net margin 1.2%) and EBITDA of ₹29,676 (EBITDA margin 1.7%).

Company details

CIN U72200KA2014PTC073143
Registration Number 073143
Incorporation Date 21 January 2014
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant

Contact details

Milesalgo Technologies Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Level 2 Prestige Omega No.104 Epip Zone Whitefield, Bangalore, Karnataka, India – 560066
  • Industry
    Business Services, Csw Professional, Scientific And Technical Activities

To see the full contact details of Milesalgo Technologies Private Limited, buy the company report.

Comprehensive company report
Milesalgo Technologies Private Limited - one report that includes everything
  • 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

The main business activity of Milesalgo Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Milesalgo Technologies Private Limited, buy the company report.

Financials of Milesalgo Technologies Private Limited

FY 2018 filings available

Milesalgo Technologies Private Limited reported revenue of ₹17.13 Lakh (down 30% YoY) for FY 2018.

Revenue · FY 2018
₹17.13 Lakh ▼ 30%
Net profit · FY 2018
₹20,118 margin 1.2%
EBITDA · FY 2018
₹29,676 margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 30%
EBITDA CAGR growth
1 year
▲ 102%
3 years · compounded
▲ 27%

Revenue fell 30% in the latest year. EBITDA rose 102% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹29,676
Profit Before Tax
Tax Expense
Net Profit (PAT)₹20,118
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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin1.7%
Net Profit Margin1.2%
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

To see the full financial statements and ratios of Milesalgo Technologies Private Limited, buy the company report.

Board of directors of Milesalgo Technologies Private Limited

Milesalgo Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vasanthy NeelakantanDirector27 Jan 201511 Years 8 MonthsAs last reported
Nambiarmadathil Ammukuttyamma PremakumariDirector21 Jan 201412 Years 9 MonthsAs last reported

Peer comparison

Milesalgo Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Samatrix Labs Private Limited₹17.16 Lakh (FY 2025)704.0%Gurugram, Haryana, India
Air Hobby Automation Private Limited₹17.15 Lakh (FY 2023)Bangalore, Karnataka, India
Technohoste Services Private Limited₹17.15 Lakh (FY 2019)0.0%Hyderabad, Telangana, India
Matthen Heavy Machinery Company Private Limited₹17.14 Lakh (FY 2019)New Delhi, Delhi, India
Trustcircuit Solutions Private Limited₹17.14 Lakh (FY 2024)155.0%Delhi, India
Milesalgo Technologies Private Limitedthis company₹17.13 Lakh (FY 2018)₹20,1181.2%-30.0%Bangalore, Karnataka, India
Empirilex Private Limited₹17.13 Lakh (FY 2025)Mumbai, Maharashtra, India
Compass Portfolio Advisory Private Limited₹17.12 Lakh (FY 2025)21.0%Ahmedabad, Gujarat, India
Taru Development Initiatives Foundation₹17.12 Lakh (FY 2024)4.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Milesalgo Technologies Private Limited, buy the company report.

Auditor

Milesalgo Technologies Private Limited is audited by JPC & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
JPC & ASSOCIATESFY 2017014835S

Shareholding

The shareholding of Milesalgo Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Milesalgo Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Milesalgo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Milesalgo Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Milesalgo Technologies Private Limited, buy the company report.

Recent activity

Milesalgo Technologies Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Anish Ramachandra Chitranjali ceased to be Director on 06 May 2015.

AGM
Milesalgo Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Milesalgo Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Ceased
Anish Ramachandra Chitranjali ceased to be Director.
Appointed
Vasanthy Neelakantan was appointed as Director.
Appointed
Incorporation
21 Jan 2014
Milesalgo Technologies Private Limited was registered on 21 Jan 2014 with Roc Bangalore & aged 12 years 9 months as per MCA records.

Frequently asked questions

Milesalgo Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Milesalgo Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in csw professional, within the business services industry. It was incorporated on 21 January 2014 and is registered under CIN U72200KA2014PTC073143. The company has been struck off by the Registrar of Companies and is no longer operational.

Milesalgo Technologies had 2 directors:

The CIN (Corporate Identification Number) of Milesalgo Technologies is U72200KA2014PTC073143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Milesalgo Technologies is at Level 2 Prestige Omega No.104 Epip Zone Whitefield, Bangalore, Karnataka, India – 560066.

Milesalgo Technologies was incorporated on 21 January 2014. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Milesalgo Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

No. Milesalgo Technologies has 2 GST registrations on record and all of them are cancelled or inactive.

Milesalgo Technologies operated in the business services industry, in the csw professional segment. It worked in this industry before it was struck off.

The peers of Milesalgo Technologies by revenue are Samatrix Labs Private Limited, Air Hobby Automation Private Limited, Technohoste Services Private Limited, Matthen Heavy Machinery Company Private Limited, Trustcircuit Solutions Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).

Anish Ramachandra Chitranjali ceased to be Director on 06 May 2015. Vasanthy Neelakantan was appointed as Director on 27 Jan 2015. Nambiarmadathil Ammukuttyamma Premakumari was appointed as Director on 21 Jan 2014.