Mila Star Retail Private Limited

Mila Star Retail Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74900KA2012PTC062482 Incorporated 09 February 2012 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company e-commerce
Data last updated
Revenue · FY 2025
₹50.55 Cr
▼ 30% YoY
Net profit · FY 2025
₹96.31 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹1.15 Cr
EBITDA margin 2.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Employees · EPFO
34
Provident fund records
Directors on board
3
As per MCA filings

About Mila Star Retail Private Limited

Data last updated:

Mila Star Retail Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 09 February 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC062482. Its GSTIN is 29AAKCA2235J1ZK (Karnataka). The company holds 19 GST registrations, of which 8 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Actolingerie Retail Private Limited. It is led by directors including Varadarajan Sundararajan and Vyjayanthi Sundararajan.

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 2025, the company reported a revenue of ₹50.55 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹96.31 Lakh (net margin 1.9%) and EBITDA of ₹1.15 Cr (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 22% over five years.

The company has about 34 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Zivame. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in April 2018. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 31 overdue payments to 2 micro and small suppliers.

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

Company details

CIN U74900KA2012PTC062482
Registration Number 062482
Incorporation Date 09 February 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Mila Star Retail Private Limited's registered office is in Bangalore, Karnataka. Its website is milastar.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    317A III Floor 9th Main Road, 5th Block Jayanagar, Bangalore, Karnataka, India – 560041
  • Industry
    E-Commerce, Online Apparel Retail

To see the full contact details of Mila Star Retail Private Limited, buy the company report.

Comprehensive company report
Mila Star Retail 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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Brands

Mila Star Retail operates one associated brand: Zivame. Each brand links to its own profile.

BrandDescriptionWebsite
Women's apparel and innerwear are offered via an online-first platform.zivame.com

Business activity

The main business activities of Mila Star Retail are trade and information and communication. In detail, this covers retail trading and other information & communication service activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Mila Star Retail Private Limited, buy the company report.

Financials of Mila Star Retail Private Limited

FY 2024 filings available

Mila Star Retail Private Limited reported revenue of ₹50.55 Cr (down 30% YoY) for FY 2025.

Revenue · FY 2025
₹50.55 Cr ▼ 30%
Net profit · FY 2025
₹96.31 Lakh margin 1.9%
EBITDA · FY 2025
₹1.15 Cr margin 2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 31%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 88%
3 years · compounded
▲ 131%
5 years · compounded
▲ 18%

Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 30% fall in the latest year. EBITDA fell 88% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.15 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹96.31 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.3%
Net Profit Margin1.9%
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 Mila Star Retail Private Limited, buy the company report.

Board of directors of Mila Star Retail Private Limited

Mila Star Retail has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Varadarajan SundararajanDirector01 Oct 20188 Years 1 MonthsCurrent
Vyjayanthi SundararajanDirector01 Oct 20188 Years 1 MonthsCurrent
Mohammad Azgar HussainDirector18 Mar 20251 Years 7 MonthsCurrent

Auditor

Mila Star Retail Private Limited is audited by D G K I & Associates LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
D G K I & Associates LLPFY 2022S000013

Shareholding

The shareholding of Mila Star Retail Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mila Star Retail Private Limited, buy the company report.

Deals & funding

Mila Star Retail Private Limited has 3 deals on record (3 secondary share transfers); the latest was in April 2018.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Apr 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Aug 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

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

MSME payment delays

Mila Star Retail Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 31 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Aristo Eco Pack Private Limited
Nextwealth Entrepreneurs Private Limited

To see the full MSME payment records of Mila Star Retail Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mila Star Retail Private Limited has a workforce of 34 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
34
Active EPFO establishments
1
Employee growth
17.24%

GST

Mila Star Retail has 19 GST registrations: 8 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
19
Active
8
Cancelled / inactive
11
GSTINStateStatusRegistered on
29AAKCA2235J1ZKKarnatakaActive01 Jul 2017
29AAKCA2235J1CVKarnatakaActive14 Aug 2021
19AAKCA2235J1DUWest BengalActive21 Mar 2018
06AAKCA2235J1C3HaryanaActive17 Aug 2021

To see the full GST registrations and return filing status of Mila Star Retail Private Limited, buy the company report.

Recent activity

Mila Star Retail Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Mohammad Azgar Hussain ceased to be Additional Director on 29 Sep 2025.

Ceased
Mohammad Azgar Hussain ceased to be Additional Director.
Appointed
Mohammad Azgar Hussain was appointed as Director.
AGM
Mila Star Retail Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mila Star Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Varadarajan Sundararajan ceased to be Additional Director.
Ceased
Vyjayanthi Sundararajan ceased to be Additional Director.
Ceased
Srikrishna Murthy Sridhara ceased to be Director.
Appointed
Varadarajan Sundararajan was appointed as Director.
Ceased
Vikram Rai ceased to be Director.
Appointed
Vyjayanthi Sundararajan was appointed as Director.
Ceased
Manjunath Shanmugam ceased to be Alternate Director.
Incorporation
09 Feb 2012
Mila Star Retail Private Limited was registered on 09 Feb 2012 with Roc Bangalore & aged 14 years 8 months as per MCA records.

Frequently asked questions

Mila Star Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 09 February 2012 (14+ years old) and is registered under CIN U74900KA2012PTC062482.

Mila Star Retail has 3 current directors:

The latest financial statements of Mila Star Retail 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 Mila Star Retail is 29AAKCA2235J1ZK, registered in Karnataka. The company has 19 GST registrations in all, of which 8 are active and 11 are cancelled or inactive. Other active GSTINs include 29AAKCA2235J1CV (Karnataka), 19AAKCA2235J1DU (West Bengal), 06AAKCA2235J1C3 (Haryana).

The CIN (Corporate Identification Number) of Mila Star Retail is U74900KA2012PTC062482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mila Star Retail has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.

Mila Star Retail was incorporated on 09 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.

Mila Star Retail has 3 deals on record (3 secondary share transfers); the latest was in April 2018.

Mohammad Azgar Hussain ceased to be Additional Director on 29 Sep 2025. Mohammad Azgar Hussain was appointed as Director on 18 Mar 2025. Varadarajan Sundararajan ceased to be Additional Director on 30 Sep 2019. Mila Star Retail has 9 board changes on record in total.

Mila Star Retail has 6 MSME Form 1 returns on record between 2019 and 2022, listing 31 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2022.

Mila Star Retail can be reached through the website milastar.in. Its registered office is in Bangalore, Karnataka, India.