About Miles India IT Solutions Private Limited
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Miles India IT Solutions Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Miles As. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2014FTC253665. Its GSTIN is 27AAJCM1195N1ZW (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors Shripad Karambelkar (Whole-Time Director) and Kamal Goradia Bharat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor Quest Coworks Pvt Ltd Technopolis Knowledge Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.74 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Lakh (net margin 68.7%) and EBITDA of ₹6.3 Lakh (EBITDA margin 81.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 56% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website miles.in.
Company details
Contact details
Miles India IT Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is miles.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address5th Floor Quest Coworks Pvt Ltd Technopolis Knowledge Park Chakala And, Heri East, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Miles India IT 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
Financials of Miles India IT Solutions Private Limited
FY 2025 filings availableMiles India IT Solutions Private Limited reported revenue of ₹7.74 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 56%. EBITDA rose 123% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.3 Lakh | ||||
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| Net Profit (PAT) | ₹5.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 81.5% | ||||
| Net Profit Margin | 68.7% | ||||
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To see the full financial statements and ratios of Miles India IT Solutions Private Limited, buy the company report.
Board of directors of Miles India IT Solutions Private Limited
Miles India IT Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shripad Karambelkar Also directs: Tardis IT Solutions Private Limited | Whole-Time Director | 27 Feb 2014 | 12 Years 8 Months | Current |
| Kamal Goradia Bharat Also directs: Tardis IT Solutions Private Limited | Director | 30 Sep 2017 | 9 Years 0 Months | Current |
Auditor
Miles India IT Solutions Private Limited is audited by Hinesh R Doshi & Co LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hinesh R Doshi & Co LLP | FY 2016 | 103677W/W1 |
Shareholding
The shareholding of Miles India IT Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Miles India IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Miles India IT 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 Miles India IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Miles India IT Solutions Private Limited has a workforce of 17 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Miles India IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM1195N1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Miles India IT Solutions Private Limited, buy the company report.
Recent activity
Miles India IT Solutions Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Goran Skeie Ellingsen ceased to be Director on 01 Jan 2020.
Frequently asked questions
Miles India IT Solutions is an active foreign 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 27 February 2014 (12+ years old) and is registered under CIN U74120MH2014FTC253665.
Miles India IT Solutions has 2 current directors:
- Shripad Karambelkar - Whole-Time Director
- Kamal Goradia Bharat - Director
The latest financial statements of Miles India IT Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Miles India IT Solutions is 27AAJCM1195N1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Miles India IT Solutions is U74120MH2014FTC253665. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miles India IT Solutions was incorporated on 27 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Goran Skeie Ellingsen ceased to be Director on 01 Jan 2020. Olav Lund Nilsen ceased to be Director on 01 Jan 2020. Kamal Goradia Bharat was appointed as Director on 30 Sep 2017. Miles India IT Solutions has 5 board changes on record in total.
Miles India IT Solutions can be reached through the website miles.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Miles India IT Solutions is at 5th Floor Quest Coworks Pvt Ltd Technopolis Knowledge Park Chakala And, Heri East, Mumbai, Maharashtra, India – 400093.
Miles India IT Solutions operates in the information technology industry, in the IT consulting and support services segment.