Millimech Techno Private Limited
About Millimech Techno Private Limited
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Millimech Techno Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2020PTC140869. Its GSTIN is 29AAOCM0123H1ZI (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jithu Joseph (Managing Director) and Ambily Joy.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #6 1st Floor 1st Cross Banashenkari Layout Bhattarahalli Virgo Nagar Post, Bangalore, Karnataka, India – 560049.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.6 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹3.41 Lakh (net margin 3.5%) and EBITDA of ₹5.7 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address#6 1st Floor 1st Cross Banashenkari Layout Bhattarahalli Virgo Nagar Post, Bangalore, Karnataka, India – 560049
- IndustryInformation Technology, IT Consulting & 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
- One PDF report, delivered after checkout
Business Activity of Millimech Techno Private Limited
The main business activity of Millimech Techno 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 Millimech Techno Private Limited FY 2025 filings available
Millimech Techno Private Limited reported revenue of ₹97.6 Lakh (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Millimech Techno Private Limited
Revenue rose 34% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 12% 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 Millimech Techno 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 | ₹5.7 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.41 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Millimech Techno Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Millimech Techno are in the company report.
Financial statements from FY 2021
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 Millimech Techno Private Limited
Millimech Techno Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mi2 Business Solutions Private Limited | ₹97.71 Lakh (FY 2025) | •••• | •••• | 102.0% | •••• | Hyderabad, Telangana, India |
| Param Onlineconsulting Services Private Limited | ₹97.71 Lakh (FY 2019) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
| Sr Telecommunications Pvt Ltd | ₹97.7 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Mattecurve Technologies Private Limited | ₹97.64 Lakh (FY 2024) | •••• | •••• | 121.0% | •••• | Udaipur, Rajasthan, India |
| Smileyserve India Private Limited | ₹97.63 Lakh (FY 2021) | •••• | •••• | 5.0% | •••• | Guntur, Andhra Pradesh, India |
| Millimech Techno Private Limited this company | ₹97.6 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Ym Labs Software Private Limited | ₹97.59 Lakh (FY 2024) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Focuz Innovations Private Limited | ₹97.53 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Edappally, Kerala, India |
| Isotope Innovations Private Limited | ₹97.43 Lakh (FY 2025) | •••• | •••• | 45.0% | •••• | Chennai, Tamil Nadu, India |
| Chindia Medical Technologies Private Limited | ₹97.4 Lakh (FY 2021) | •••• | •••• | -56.0% | •••• | Kolkata, West Bengal, India |
| Milestone Infosoft Solutions Private Limited | ₹97.4 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Millimech Techno by revenue in the same principal business activity (Other information & communication service activities), 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 Millimech Techno Private Limited
Millimech Techno Private Limited is audited by NNAVEENN&ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NNAVEENN&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 Millimech Techno Private Limited
Millimech Techno has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jithu Joseph | Managing Director | 07 Jul 2023 | 3 Years 3 Months | Current |
| Joseph Jimimon | Additional Director | 14 Dec 2020 | 5 Years 9 Months | Current |
| Ambily Joy | Director | 10 Nov 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Millimech Techno 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 Millimech Techno Private Limited
Millimech Techno Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Millimech Techno Private Limited
Millimech Techno Private Limited has a workforce of 0 employees as of Apr 05, 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 Millimech Techno Private Limited
Millimech Techno Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Jithu . Joseph ceased to be Director on 12 Jun 2025.
Credit Ratings, Litigation & Regulatory Alerts for Millimech Techno 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 Millimech Techno 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 Millimech Techno 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 Millimech Techno Private Limited
Millimech Techno has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM0123H1ZI | Karnataka | Active | 23 Nov 2020 |
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 Millimech Techno 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 Millimech Techno Private Limited
Millimech Techno is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 November 2020 (6+ years old) and is registered under CIN U29309KA2020PTC140869.
Millimech Techno reported revenue of ₹97.6 Lakh for FY 2025 (up 34% YoY).
Millimech Techno has 3 current directors:
- Jithu Joseph - Managing Director
- Joseph Jimimon - Additional Director
- Ambily Joy - Director
Millimech Techno reported a net profit of ₹3.41 Lakh (net margin 3.5%) and EBITDA of ₹5.7 Lakh (EBITDA margin 5.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Millimech Techno is -11% over three years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Millimech Techno is 29AAOCM0123H1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Millimech Techno is U29309KA2020PTC140869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millimech Techno was incorporated on 10 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Millimech Techno by revenue are Mi2 Business Solutions Private Limited, Param Onlineconsulting Services Private Limited, Sr Telecommunications Pvt Ltd, Mattecurve Technologies Private Limited, Smileyserve India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Jithu . Joseph ceased to be Director on 12 Jun 2025. Jithu Joseph was appointed as Managing Director on 07 Jul 2023. Nidheesh ceased to be Director on 04 Jan 2021. Millimech Techno has 6 board changes on record in total.
The registered office of Millimech Techno is at #6 1st Floor 1st Cross Banashenkari Layout Bhattarahalli Virgo Nagar Post, Bangalore, Karnataka, India – 560049.