Miel E-Security Private Limited

Miel E-Security Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74920MH1999PTC120597 Incorporated 30 June 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2016
₹3.28 Cr
▼ 10% YoY
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹13.01 Cr
Issued & subscribed
Open charges
₹18 Cr
Satisfied ₹3.57 Cr
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings
GST registrations
1
None active
Brands
1
Associated brands

About Miel E-Security Private Limited

Data last updated:

Miel E-Security Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 June 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74920MH1999PTC120597. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.01 Cr. It is led by directors Narayanan Kutty Nair (Managing Director) and Virendra Laxmichand Mehta.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2016, the company reported a revenue of ₹3.28 Cr, a decline of 10% compared to the previous year.

The company is associated with 1 brand: Miel e-Security. As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹3.57 Cr on record. Court records list 38 cases involving the company, including 13 filed by the company and 24 filed against it; 12 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹2.75 Cr; the latest was in March 2014. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Prowess Infosystems Private Limited with revenue of ₹3.3 Cr.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website miel.in.

Company Details of Miel E-Security Private Limited
CIN U74920MH1999PTC120597
Registration Number 120597
Incorporation Date 30 June 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    313 3rd Floor D Wing Floral Deck Plaza Premises Chs Ltd MIDC Road Opp Seepz Andheri (, East), Mumbai, Maharashtra, India – 400093
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Miel E-Security Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Miel E-Security Private Limited

The main business activity of Miel E-Security is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Miel E-Security Private Limited FY 2016 filings available

Miel E-Security Private Limited reported revenue of ₹3.28 Cr (down 10% YoY) for FY 2016.

Revenue · FY 2016
₹3.28 Cr ▼ 10%

Compounded Annual Growth Rate (CAGR) of Miel E-Security Private Limited

Revenue CAGR growth
1 year
▼ 10%

Revenue fell 10% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Miel E-Security Private Limited

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue₹3.28 Cr••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA••••••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)••••••••
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 Miel E-Security Private Limited

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin••••••••
Net Profit Margin••••••••
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 Miel E-Security are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Miel E-Security Private Limited

Miel E-Security Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Prowess Infosystems Private Limited₹3.3 Cr (FY 2025)••••••••7.0%••••Jaipur, Rajasthan, India
E - QL Business Solutions Private Limited₹3.29 Cr (FY 2025)••••••••133.0%••••Narhe, Maharashtra, India
Xphase Solutions Private Limited₹3.29 Cr (FY 2017)••••••••-16.0%••••Bangalore, Karnataka, India
Pegasys Information Technologies Private Limited₹3.29 Cr (FY 2017)••••••••61.0%••••Hyderabad, Telangana, India
Megaspace IT Solutions Private Limited₹3.29 Cr (FY 2024)••••••••39.0%••••Secunderabad, Telangana, India
Miel E-Security Private Limited this company₹3.28 Cr (FY 2016)••••••••-10.0%••••Mumbai, Maharashtra, India
Crescent Technologies Private Limited₹3.28 Cr (FY 2024)••••••••-18.0%••••Bhopal, Madhya Pradesh, India
Avanish IT Solutions Private Limited₹3.28 Cr (FY 2025)••••••••-12.0%••••Hyderabad, Telangana, India
Alpesa Technologies Private Limited₹3.28 Cr (FY 2024)••••••••135.0%••••Ambala Cantt, Haryana, India
Advansis Consulting Private Limited₹3.28 Cr (FY 2025)••••••••-8.0%••••Gurgaon, Haryana, India
Iotina Technologies Private Limited₹3.27 Cr (FY 2025)••••••••130.0%••••Noida, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Miel E-Security by revenue in the Information Technology industry (IT Consulting and Services), 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 Miel E-Security Private Limited

Miel E-Security Private Limited is audited by N H VYAS & COMPANY for the financial year 2016.

NameStatusAppointment DateCessation Date
N H VYAS & COMPANYLockedLockedLocked
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Board of Directors of Miel E-Security Private Limited

Miel E-Security has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Virendra Laxmichand MehtaDirector12 Aug 199927 Years 1 MonthsCurrent
Narayanan Kutty NairManaging Director05 Aug 199927 Years 2 MonthsCurrent

Ownership and Shareholding of Miel E-Security Private Limited

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Charges & Borrowings of Miel E-Security Private Limited

Open charges
₹18 Cr
Satisfied charges
₹3.57 Cr
Breakdown by lending institutions
Sicom Investments & Finance Limited₹13.00 Cr
The Lakshmi Vilas Bank Limited₹5.00 Cr
Latest charge details
DateLenderAmountStatus
11 Jun 2013Sicom Investments & Finance Limited₹3 CrOpen
09 Dec 2011The Lakshmi Vilas Bank Limited₹5 CrOpen
15 Mar 2010Sicom Investments & Finance Limited₹5 CrOpen
09 Nov 2009Sicom Investments & Finance Limited₹5 CrOpen
29 Jun 2007Ing Vysya Bank Limited₹3.5 CrSatisfied

Total charge records: 6 View all charges

Deals & Funding of Miel E-Security Private Limited

Miel E-Security Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹2.75 Cr; the latest was in March 2014.

Total deals
7
Secondary share transfers
6
Funding round
1
Disclosed funding
₹2.75 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2014Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
Mar 2012Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Sep 2009Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2009Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2008Secondary share transferUndisclosedBuyer: an individual
Seller: Daisy Digital Security Ltd
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Miel E-Security Private Limited

Miel E-Security operates one associated brand: Miel e-Security. Each brand links to its own profile.

BrandDescriptionWebsite
Medical devices for patient monitoring and hospital automation are developed.mielesecurity.com

Employees and EPFO Compliance at Miel E-Security Private Limited

Miel E-Security Private Limited has a workforce of 0 employees as of Apr 01, 2024.

Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Miel E-Security Private Limited

Miel E-Security Private Limited has 9 board changes on record since 1999: 2 appointments and 7 cessations. The latest: Saurabh Bankimchandra Dani ceased to be Additional Director on 07 Jun 2014.

AGM
Miel E-Security Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Miel E-Security Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai I.
Ceased
Saurabh Bankimchandra Dani ceased to be Additional Director.
Ceased
Sanjay Babulal Bhutada ceased to be Director.
Ceased
Rajesh Viren Shah ceased to be Director.
Ceased
Rajesh Viren Shah ceased to be Director.
Ceased
Anuj Chandbaboo Gupta ceased to be Director.
Charges
A charge with Sicom Investments & Finance Limited amounted to Rs. 3.00 Cr with Charge ID 10441435 was registered on 11 Jun 2013.
Charges
A charge with The Lakshmi Vilas Bank Limited of Rs. 5.00 Cr registered on 09 Dec 2011 with Charge ID 10325884 was modified on 21 Jan 2013.
Ceased
Avinash Wamanrao Kadam ceased to be Director.
Charges
A charge with The Lakshmi Vilas Bank Limited amounted to Rs. 5.00 Cr with Charge ID 10325884 was registered on 09 Dec 2011.
Charges
A charge registered on 29 Jun 2007 via Charge ID 10063221 with Ing Vysya Bank Limited was fully satisfied on 25 Mar 2010.

10 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Miel E-Security Private Limited

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MSME Payment Delays by Miel E-Security Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Miel E-Security Private Limited

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GST Compliance of Miel E-Security Private Limited

Miel E-Security has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

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MCA Filings & Documents of Miel E-Security Private Limited

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MCA filings and documents

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Frequently Asked Questions about Miel E-Security Private Limited

Miel E-Security is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 June 1999 (27+ years old) and is registered under CIN U74920MH1999PTC120597.

Miel E-Security reported revenue of ₹3.28 Cr for FY 2016 (down 10% YoY).

Miel E-Security has 2 current directors:

No. Miel E-Security has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Miel E-Security is U74920MH1999PTC120597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Miel E-Security has 38 court cases on record: 13 filed by the company and 24 filed against it. 12 are pending. Most are in the district courts.

Miel E-Security was incorporated on 30 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.

Miel E-Security has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹2.75 Cr; the latest was in March 2014.

The peers of Miel E-Security by revenue are Prowess Infosystems Private Limited, E - QL Business Solutions Private Limited, Xphase Solutions Private Limited, Pegasys Information Technologies Private Limited, Megaspace IT Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).

Saurabh Bankimchandra Dani ceased to be Additional Director on 07 Jun 2014. Sanjay Babulal Bhutada ceased to be Director on 20 Mar 2014. Rajesh Viren Shah ceased to be Director on 09 Dec 2013. Miel E-Security has 9 board changes on record in total.

Miel E-Security can be reached through the website miel.in. Its registered office is in Mumbai, Maharashtra, India.

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