About Milagro Interactive Technologies LLP
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Milagro Interactive Technologies LLP is a limited liability partnership (LLP) based in Chandigarh, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 November 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Chandigarh, under LLPIN AAH-8400. Its GSTIN is 04ABEFM1868M1ZZ (Chandigarh).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Bharatpal Singh Sidhu and Gagganpal Singh Sidhu.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at # 150 Sector 9, Chandigarh, India – 160009.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹2.11 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹35.75 Lakh (net margin 16.9%) and EBITDA of ₹2.32 Cr (EBITDA margin 109.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
The LLP has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹20 Lakh on record.
For more details, the LLP can be reached via its website milagrointeractive.com.
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- Registered Address# 150 Sector 9, Chandigarh, India – 160009
- 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
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Financials of Milagro Interactive Technologies LLP FY 2024 filings available
Milagro Interactive Technologies LLP reported revenue of ₹2.11 Cr (up 117% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Milagro Interactive Technologies LLP
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 117% growth in the latest year. EBITDA rose 129% 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 Milagro Interactive Technologies LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹2.11 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹35.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Milagro Interactive Technologies LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 16.9% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Milagro Interactive Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Auditor Details of Milagro Interactive Technologies LLP
Milagro Interactive Technologies LLP is audited by P K VASUDEVA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P K VASUDEVA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
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Verified entity values are shown only after access is granted.
Designated Partners of Milagro Interactive Technologies LLP
Milagro Interactive Technologies has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatpal Singh Sidhu | Designated Partner | 18 Nov 2016 | 9 Years 10 Months | Current |
| Gagganpal Singh Sidhu | Designated Partner | 18 Nov 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Milagro Interactive Technologies LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Milagro Interactive Technologies LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2019 | Kotak Mahindra Bank Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Milagro Interactive Technologies LLP
Milagro Interactive Technologies LLP has a workforce of 2 employees as of Apr 06, 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 Milagro Interactive Technologies LLP
Milagro Interactive Technologies LLP has 7 designated partner changes on record since 2016: 4 appointments and 3 cessations. The latest: Harjeev Kaur Sidhu ceased to be Designated Partner on 21 Jul 2017.
Credit Ratings, Litigation & Regulatory Alerts for Milagro Interactive Technologies LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Milagro Interactive Technologies LLP
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
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Subsidiaries & Group Companies of Milagro Interactive Technologies LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
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GST Compliance of Milagro Interactive Technologies LLP
Milagro Interactive Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04ABEFM1868M1ZZ | Chandigarh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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Verified entity values are shown only after access is granted.
MCA Filings & Documents of Milagro Interactive Technologies LLP
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 Milagro Interactive Technologies LLP
Milagro Interactive Technologies is an active limited liability partnership based in Chandigarh, India. The LLP works in IT consulting and support services, within the information technology industry. It was incorporated on 18 November 2016 (10+ years old) and is registered under LLPIN AAH-8400.
Milagro Interactive Technologies reported revenue of ₹2.11 Cr for FY 2021 (up 117% YoY).
Milagro Interactive Technologies has 2 current designated partners:
- Bharatpal Singh Sidhu - Designated Partner
- Gagganpal Singh Sidhu - Designated Partner
Milagro Interactive Technologies reported a net profit of ₹35.75 Lakh (net margin 16.9%) and EBITDA of ₹2.32 Cr (EBITDA margin 109.9%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milagro Interactive Technologies is 20% over three years. In the latest year (FY 2021) revenue rose 117%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Milagro Interactive Technologies is 04ABEFM1868M1ZZ, registered in Chandigarh.
The LLPIN (Limited Liability Partnership Identification Number) of Milagro Interactive Technologies is AAH-8400. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Milagro Interactive Technologies was incorporated on 18 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harjeev Kaur Sidhu ceased to be Designated Partner on 21 Jul 2017. Ishwara Kaur Sidhu ceased to be Designated Partner on 21 Jul 2017. Ishwara Kaur Sidhu was appointed as Partner on 21 Jul 2017. Milagro Interactive Technologies has 7 designated partner changes on record in total.
Yes, Milagro Interactive Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).