Mile Venture Solutions Private Limited
About Mile Venture Solutions Private Limited
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Mile Venture Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 15 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC319596. Its GSTIN is 27AAMCM3644H1Z8 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amol Harishchandra Mithbaokar and Tania Amol Mithbaokar.
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 Flat No – 118 1st Floor Avior Nirmal Galaxy L.B.S Marg Mulund (W), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.16 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.79 Lakh (net margin 1.8%) and EBITDA of ₹5.32 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 70% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mile Venture Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No – 118 1st Floor Avior Nirmal Galaxy L.B.S Marg Mulund (W), Mumbai, Maharashtra, India – 400080
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Mile Venture Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mile Venture Solutions is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Mile Venture Solutions Private Limited, buy the company report.
Financials of Mile Venture Solutions Private Limited
FY 2024 filings availableMile Venture Solutions Private Limited reported revenue of ₹2.16 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.32 Lakh | ||||
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| Net Profit (PAT) | ₹3.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Mile Venture Solutions Private Limited, buy the company report.
Board of directors of Mile Venture Solutions Private Limited
Mile Venture Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Harishchandra Mithbaokar | Director | 15 Jan 2019 | 7 Years 9 Months | Current |
| Tania Amol Mithbaokar | Additional Director | 05 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Mile Venture Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khorana Freight Carriers Private Limited | ₹2.17 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Planters Ship Management Services Private Limited | ₹2.16 Cr (FY 2023) | Ratnagiri, Maharashtra, India | ||||
| Mile Venture Solutions Private Limitedthis company | ₹2.16 Cr (FY 2024) | ₹3.79 Lakh | 1.8% | -6.0% | Mumbai, Maharashtra, India | |
| Good Move Logistics and Transport Private Limited | ₹2.16 Cr (FY 2025) | 181.0% | Chennai, Tamil Nadu, India | |||
| Signet Freight Express Private Limited | ₹2.16 Cr (FY 2021) | -36.0% | New Delhi, Delhi, India | |||
| Bloksupplychain Securelog India Private Limited | ₹2.16 Cr (FY 2024) | 57.0% | Thane, Maharashtra, India | |||
| Skanda Freight Services Private Limited | ₹2.15 Cr (FY 2024) | 18.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Mile Venture Solutions Private Limited, buy the company report.
Auditor
Mile Venture Solutions Private Limited is audited by M K S K A & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K S K A & CO | FY 2022 | 025942N |
Shareholding
The shareholding of Mile Venture Solutions Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mile Venture Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2025 | 101131555 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mile Venture Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mile Venture Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mile Venture Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM3644H1Z8 | Maharashtra | Active | 07 Sep 2019 |
| 07AAMCM3644H1ZA | Delhi | Active | 06 Mar 2019 |
To see the full GST registrations and return filing status of Mile Venture Solutions Private Limited, buy the company report.
Recent activity
Mile Venture Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Nikhil Amol Mithbaokar ceased to be Director on 05 Apr 2025.
Frequently asked questions
Mile Venture Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 15 January 2019 (7+ years old) and is registered under CIN U74999MH2019PTC319596.
Mile Venture Solutions has 2 current directors:
- Amol Harishchandra Mithbaokar - Director
- Tania Amol Mithbaokar - Additional Director
The latest financial statements of Mile Venture Solutions 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 FY 2019 are in the company report.
The GSTIN of Mile Venture Solutions is 27AAMCM3644H1Z8, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAMCM3644H1ZA (Delhi).
The CIN (Corporate Identification Number) of Mile Venture Solutions is U74999MH2019PTC319596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mile Venture Solutions was incorporated on 15 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mile Venture Solutions by revenue are Khorana Freight Carriers Private Limited, Planters Ship Management Services Private Limited, Good Move Logistics and Transport Private Limited, Signet Freight Express Private Limited, Bloksupplychain Securelog India Private Limited and 1 more, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Nikhil Amol Mithbaokar ceased to be Director on 05 Apr 2025. Tania Amol Mithbaokar was appointed as Additional Director on 05 Apr 2025. Amol Harishchandra Mithbaokar was appointed as Director on 15 Jan 2019.
The registered office of Mile Venture Solutions is at Flat No – 118 1st Floor Avior Nirmal Galaxy L.B.S Marg Mulund W, Mumbai, Maharashtra, India – 400080.
Mile Venture Solutions operates in the transport and logistics industry, in the integrated and diversified logistics services segment.
Mile Venture Solutions has open charges of ₹50 Lakh and no satisfied charges on record as per latest MCA filings.