Miles Motors Private Limited Company Logo

Miles Motors Private Limited - Company Profile

It is a automotive private limited company based in Vadodara, Gujarat, India, established in 2006.

2006 | Vadodara, Gujarat, India | Active
Last Updated:

About Miles Motors Private Limited

Miles Motors Private Limited, a active private limited company, was established on 12 September 2006 in Vadodara, Gujarat, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50102GJ2006PTC049068. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹2.00 Cr.

It upholds a compliant status. Employing 61 professional, Its leadership includes Vipul Anandlal Shah (Director), Mayankbhai Anandlal Shah (Managing Director). Past directors included Hariyali Ronak Desai, Kamlesh Laxmanbhai Prajapati. It holds no open charges and ₹70.67 Cr settled loans. Its latest AGM occurred on 22 September 2023, with the balance sheet filed on 31 March 2023. It is based at Ff-104-105, Anandvila Flat, Nr. Geri Compound, Gotri, Vadodara, Gujarat, 390021.

Company Details

  • CIN/LLPIN

    U50102GJ2006PTC049068

  • Registration Number

    049068

  • Incorporation Date

    12 September 2006

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹2.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 70.67 Cr
  • Revenue Growth -46.78%
  • Profit Growth 150.50%
  • Ebitda -87.59%
  • Net Worth 80.21%
  • Total Assets -91.26%
Company report

Miles Motors Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Miles Motors Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Miles Motors Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vipul Anandlal ShahDirector12 Sep 2006Current
Mayankbhai Anandlal ShahManaging Director12 Sep 2006Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector13 Apr 2012Past
Pramod AbcsddDirector13 Apr 2012Past

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Financial Performance of Miles Motors.

Miles Motors Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 46.78% decrease. The company also saw a substantial improvement in profitability, with a 150.5% increase in profit. The company's net worth Soared by an impressive increase of 80.21%.

Miles Motors revenue growth over time
Miles Motors profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-46.78%
Revenue from Operations
-90.82%
Total Assets
-91.26%
Profit or Loss
150.50%
Net Worth
80.21%
EBITDA
-87.59%

What is the Ownership and Shareholding Structure of Miles Motors?

In 2019, Miles Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹706,743,000.00

Charges Breakdown by Lending Institutions

  • Others : 30.30 Cr
  • Indian Bank : 17.00 Cr
  • Icici Bank Limited : 10.47 Cr
  • Hdfc Bank Limited : 7.00 Cr
  • Bank Of India : 4.90 Cr
  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2019Others₹13.50 CrSatisfied
27 Jul 2018Hdfc Bank Limited₹7.00 CrSatisfied
29 May 2018Others₹2.00 CrSatisfied
13 Jul 2016Others₹10.00 CrSatisfied
16 Oct 2015Others₹4.80 CrSatisfied

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How Many Employees Work at Miles Motors?

Miles Motors has a workforce of 61 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Miles Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Miles Motors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Miles Motors's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Miles Motors

Recent Activity within the Organization

  • Annual General Meeting

    Miles Motors Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Miles Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge registered on 27 Jul 2018 via Charge ID 100199697 with Hdfc Bank Limited was fully satisfied on 05 Feb 2020. was completed.

  • Charges

    A charge registered on 18 Jan 2019 via Charge ID 100251149 with Others was fully satisfied on 08 Jul 2019. was recorded as a recent event.

  • Charges

    The activity A charge registered on 29 May 2018 via Charge ID 100211806 with Others was fully satisfied on 19 Jun 2019. was completed.

  • Charges

    The activity A charge registered on 16 Oct 2015 via Charge ID 10599446 with Others was fully satisfied on 22 May 2019. was completed.

Frequently Asked Questions

  • What is the CIN of Miles Motors Private Limited?

    The CIN of Miles Motors Private Limited is U50102GJ2006PTC049068.

  • Where is Miles Motors Private Limited headquartered?

    Miles Motors Private Limited is headquartered at Ff-104-105, Anandvila Flat, Nr. Geri Compound, Gotri, Vadodara, Gujarat, 390021.

  • When was Miles Motors Private Limited incorporated?

    Miles Motors Private Limited was incorporated on 12 September 2006.

  • Who are the current directors of Miles Motors Private Limited?

    The current directors of Miles Motors Private Limited are

  • What is the primary industry of Miles Motors Private Limited?

    The primary industry of Miles Motors Private Limited is Trade.

  • Is Miles Motors Private Limited a listed company?

    Miles Motors Private Limited is unlisted.

  • What is the capital structure of Miles Motors Private Limited?

    The authorized capital of Miles Motors Private Limited is ₹2.00 Cr, and the paid-up capital is ₹2.00 Cr.

  • What is the compliance status of Miles Motors Private Limited?

    The compliance status of Miles Motors Private Limited is Compliant.

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