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:
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 19 Year, 6 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Vipul Anandlal Shah Director 12 Sep 2006 Current
Mayankbhai Anandlal Shah Managing Director 12 Sep 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 Apr 2012 Past
Pramod Abcsdd Director 13 Apr 2012 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -46.78%
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*******
*******
*******
Revenue from Operations
*******
 -90.82%
*******
*******
*******
*******
Total Assets
*******
 -91.26%
*******
*******
*******
*******
Profit or Loss
*******
 150.50%
*******
*******
*******
*******
Net Worth
*******
 80.21%
*******
*******
*******
*******
EBITDA
*******
 -87.59%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
18 Jan 2019 Others ₹13.50 Cr Satisfied
27 Jul 2018 Hdfc Bank Limited ₹7.00 Cr Satisfied
29 May 2018 Others ₹2.00 Cr Satisfied
13 Jul 2016 Others ₹10.00 Cr Satisfied
16 Oct 2015 Others ₹4.80 Cr Satisfied

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Miles Motors
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Miles Motors Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Miles Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was completed.

  • Charges

    A charge registered on 27 Jul 2018 via Charge ID 100199697 with Hdfc Bank Limited was fully satisfied on 05 Feb 2020. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 18 Jan 2019 via Charge ID 100251149 with Others was fully satisfied on 08 Jul 2019. was documented.

  • Charges

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

  • Charges

    A charge registered on 16 Oct 2015 via Charge ID 10599446 with Others was fully satisfied on 22 May 2019. was recorded as a recent event.

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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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