MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-03-0004698
Miki Maize Milling Private Limited - agriculture in Kansari, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹18.96 Cr
▲ 7% YoY
Net profit · FY 2022
₹53.57 Lakh
Net margin 2.8%
EBITDA · FY 2022
₹2.59 Cr
EBITDA margin 13.7%
Authorised capital
₹5.42 Cr
Registered with MCA
Paid-up capital
₹5.42 Cr
Issued & subscribed
Open charges
₹21.54 Cr
Satisfied ₹40.66 Cr
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings
About Miki Maize Milling Private Limited
Data last updated:
Miki Maize Milling Private Limited is a private limited company based in Kansari, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 14 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15490GJ2007PTC052354. Its GSTIN is 24AAFCM3870Q1ZY (Gujarat).
The company has an authorised share capital of ₹5.42 Cr and a paid-up capital of ₹5.42 Cr. It is led by directors including Denil Kiritbhai Patel and Minaxiben Kiritbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 59 G I D C Ta. Cambay, Kansari, Gujarat, India – 388630.
As per the financials filed for FY 2022, the company reported a revenue of ₹18.96 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹53.57 Lakh (net margin 2.8%) and EBITDA of ₹2.59 Cr (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹21.54 Cr and satisfied charges of ₹40.66 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 6 cases are pending.
Miki Maize Milling Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0004698). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miki.co.in.
Company details
CIN U15490GJ2007PTC052354
Registration Number 052354
Incorporation Date 14 December 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-03-0004698
Key People
Denil Kiritbhai Patel Director Minaxiben Kiritbhai Patel Director Ketulkumar Kiritbhai Patel Director Recognitions & Rankings of Miki Maize Milling
Contact details
Miki Maize Milling Private Limited's registered office is in Kansari, Gujarat. Its website is miki.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address59 G I D C Ta. Cambay, Kansari, Gujarat, India – 388630
- IndustryAgriculture, Agro Retail & Distribution, Animal Feeds
To see the full contact details of Miki Maize Milling Private Limited, buy the company report.
Comprehensive company report
Miki Maize Milling 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 Miki Maize Milling is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Miki Maize Milling Private Limited, buy the company report.
Financials of Miki Maize Milling Private Limited
FY 2022 filings availableMiki Maize Milling Private Limited reported revenue of ₹18.96 Cr (up 7% YoY) for FY 2022.
Revenue · FY 2022
₹18.96 Cr ▲ 7%
Net profit · FY 2022
₹53.57 Lakh margin 2.8%
EBITDA · FY 2022
₹2.59 Cr margin 13.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 5%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 7%
5 years · compounded
▼ 4%
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA fell 5% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.96 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.57 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 Miki Maize Milling Private Limited, buy the company report.
Board of directors of Miki Maize Milling Private Limited
Miki Maize Milling has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Denil Kiritbhai Patel | Director | 14 Dec 2007 | 18 Years 10 Months | Current |
| Minaxiben Kiritbhai Patel | Director | 14 Dec 2007 | 18 Years 10 Months | Current |
| Ketulkumar Kiritbhai Patel Also directs: Fresh Corn Cereals Private Limited | Director | 19 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Miki Maize Milling Private Limited is audited by SUBHASH C THAKKAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASH C THAKKAR & CO | FY 2022 | 117621W |
Shareholding
The shareholding of Miki Maize Milling Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Miki Maize Milling Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.54 Cr
Satisfied charges
₹40.66 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2019 | 100235840 | State Bank of India | ₹21.54 Cr | Open | |
| 29 Mar 2016 | 100021807 | Others | ₹7.06 Cr | Satisfied | |
| 29 Mar 2016 | 100021819 | Others | ₹7.06 Cr | Satisfied | |
| 13 Mar 2014 | 10484898 | Punjab National Bank | ₹10 Cr | Satisfied | |
| 11 Jan 2012 | 10334532 | Bank of Baroda | ₹14.05 Cr | Satisfied |
To see the full charge records of Miki Maize Milling Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Miki Maize Milling Private Limited has 10 court cases on record: 1 filed by Miki Maize Milling, 9 filed against it. 6 cases are pending and 4 are disposed.
Total cases
10
Filed by the company
1
Filed against the company
9
Pending
6
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 6 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited.. | Pending |
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by M/S Aryatech Platfors Pvt. Ltd. | Pending |
| District court, Kheda at Nadiad, Gujarat | Criminal complaint | Filed against the company by Ajaykumar Kumarlal Tahelyani - Asian Food Industries | Pending |
To see the full case history of Miki Maize Milling Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Miki Maize Milling Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Miki Maize Milling has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM3870Q1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Miki Maize Milling Private Limited, buy the company report.
Recent activity
Miki Maize Milling Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Ketulkumar Kiritbhai Patel ceased to be Additional Director on 30 Sep 2018.
Charges
A charge with State Bank Of India of Rs. 21.54 Cr registered on 17 Jan 2019 with Charge ID 100235840 was modified on 07 Nov 2022.
AGM
Miki Maize Milling Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Miki Maize Milling Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge registered on 29 Mar 2016 via Charge ID 100021819 with Others was fully satisfied on 22 Jan 2019.
Charges
A charge with State Bank Of India amounted to Rs. 21.54 Cr with Charge ID 100235840 was registered on 17 Jan 2019.
Charges
A charge registered on 29 Mar 2016 via Charge ID 100021807 with Others was fully satisfied on 13 Dec 2018.
Ceased
Ketulkumar Kiritbhai Patel ceased to be Additional Director.
Appointed
Ketulkumar Kiritbhai Patel was appointed as Director.
Ceased
Kiritbhai Parshottamdas Patel ceased to be Director.
Charges
A charge registered on 11 Jan 2012 via Charge ID 10334532 with Bank Of Baroda was fully satisfied on 02 Apr 2016.
Charges
A charge with Others amounted to Rs. 7.06 Cr with Charge ID 100021807 was registered on 29 Mar 2016.
Charges
A charge with Others amounted to Rs. 7.06 Cr with Charge ID 100021819 was registered on 29 Mar 2016.
11 earlier events are in the company report.
Frequently asked questions
Miki Maize Milling is an active private limited company based in Kansari, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 14 December 2007 (19+ years old) and is registered under CIN U15490GJ2007PTC052354.
Miki Maize Milling has 3 current directors:
- Denil Kiritbhai Patel - Director
- Minaxiben Kiritbhai Patel - Director
- Ketulkumar Kiritbhai Patel - Director
The latest financial statements of Miki Maize Milling on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Miki Maize Milling is 24AAFCM3870Q1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Miki Maize Milling is U15490GJ2007PTC052354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miki Maize Milling has 10 court cases on record: 1 filed by the company and 9 filed against it. 6 are pending. Most are in the district courts.
Miki Maize Milling was incorporated on 14 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ketulkumar Kiritbhai Patel ceased to be Additional Director on 30 Sep 2018. Ketulkumar Kiritbhai Patel was appointed as Director on 19 Jul 2018. Kiritbhai Parshottamdas Patel ceased to be Director on 22 Jun 2018. Miki Maize Milling has 5 board changes on record in total.
Yes, Miki Maize Milling is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-03-0004698).
Miki Maize Milling can be reached through the website miki.co.in. Its registered office is in Kansari, Gujarat, India.
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