About Miller Groundbreaking India Private Limited
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Miller Groundbreaking India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Miller International Limited Uk. It operates in the construction machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 30 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29248KA2009FTC049477. Its GSTIN is 29AAFCM9722P1ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹3.34 Lakh. It is led by directors Kunal Bipin Mehata (Whole-Time Director) and Somesula Vara Prasad.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.23 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹42.65 Lakh (net margin -6.8%) and EBITDA of -₹33.04 Lakh (EBITDA margin -5.3%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 31% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website millerindia.com.
Company details
Contact details
Miller Groundbreaking India Private Limited's registered office is in Bangalore, Karnataka. Its website is millerindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. B – 378/1 – 2 Pid 11 – 161 – B – 378/1 – 2 Ward No. 38 1st Block KIADB Ringroad Peenya Industri, Al Estate, Bangalore, Karnataka, India – 560058
- IndustryMachinery and Equipment, Construction Machinery & Equipment
To see the full contact details of Miller Groundbreaking India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Miller Groundbreaking India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Miller Groundbreaking India Private Limited, buy the company report.
Financials of Miller Groundbreaking India Private Limited
FY 2024 filings availableMiller Groundbreaking India Private Limited reported revenue of ₹6.23 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 3% growth in the latest year. EBITDA fell 157% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹33.04 Lakh | ||||
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| Net Profit (PAT) | -₹42.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -5.3% | ||||
| Net Profit Margin | -6.8% | ||||
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To see the full financial statements and ratios of Miller Groundbreaking India Private Limited, buy the company report.
Board of directors of Miller Groundbreaking India Private Limited
Miller Groundbreaking India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Bipin Mehata | Whole-Time Director | 30 Mar 2009 | 17 Years 7 Months | Current |
| Somesula Vara Prasad Also directs: Northline Developers LLP | Director | 26 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Miller Groundbreaking India Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Interweighing Private Limited | ₹6.24 Cr (FY 2025) | -11.0% | Ernakulam, Kerala, India | |||
| Inframech Power Solutions Private Limited | ₹6.24 Cr (FY 2024) | 31.0% | Kolkata, West Bengal, India | |||
| Miller Groundbreaking India Private Limitedthis company | ₹6.23 Cr (FY 2024) | -₹42.65 Lakh | -6.8% | 3.0% | Bangalore, Karnataka, India | |
| Alson Marketing & Services Private Limited | ₹6.23 Cr (FY 2024) | -11.0% | Ranchi, Jharkhand, India | |||
| Centroid Engineers India Private Limited | ₹6.23 Cr (FY 2025) | -14.0% | Coimbatore, Tamil Nadu, India | |||
| L A Distributors Pvt Ltd | ₹6.21 Cr (FY 2025) | 26.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Miller Groundbreaking India Private Limited, buy the company report.
Auditor
Miller Groundbreaking India Private Limited is audited by NAGARAJAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGARAJAN & CO | FY 2019 | 002307S |
Shareholding
The shareholding of Miller Groundbreaking India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Miller Groundbreaking India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Miller Groundbreaking India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Miller Groundbreaking India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Miller Groundbreaking India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCM9722P1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Miller Groundbreaking India Private Limited, buy the company report.
Recent activity
Miller Groundbreaking India Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Somesula Vara Prasad ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Miller Groundbreaking India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in construction machinery and equipment, within the machinery and equipment industry. It was incorporated on 30 March 2009 (17+ years old) and is registered under CIN U29248KA2009FTC049477.
Miller Groundbreaking India has 2 current directors:
- Kunal Bipin Mehata - Whole-Time Director
- Somesula Vara Prasad - Director
The latest financial statements of Miller Groundbreaking India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Miller Groundbreaking India is 29AAFCM9722P1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Miller Groundbreaking India is U29248KA2009FTC049477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miller Groundbreaking India was incorporated on 30 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Miller Groundbreaking India by revenue are Interweighing Private Limited, Inframech Power Solutions Private Limited, Alson Marketing & Services Private Limited, Centroid Engineers India Private Limited, L A Distributors Pvt Ltd, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Somesula Vara Prasad ceased to be Additional Director on 30 Sep 2019. Somesula Vara Prasad was appointed as Director on 26 Apr 2019. Miller Charlton Doreen Jacqueline ceased to be Director on 17 Apr 2019. Miller Groundbreaking India has 9 board changes on record in total.
Miller Groundbreaking India can be reached through the website millerindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Miller Groundbreaking India is at No. B – 3781 – 2 Pid 11 – 161 – B – 3781 – 2 Ward No. 38 1st Block KIADB Ringroad Peenya Industri, Al Estate, Bangalore, Karnataka, India – 560058.
Miller Groundbreaking India operates in the machinery and equipment industry, in the construction machinery and equipment segment.
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