About Milesweb Internet Services Private Limited
Data last updated:
Milesweb Internet Services Private Limited is a private limited company based in Nashik, Maharashtra, India, recognised as a startup by DPIIT. It operates in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 06 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC269947. Its GSTIN is 27AAKCM0202D1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chetan Anil Mahale and Deepak Sukhlal Kori.
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 Suman Plot – 25 Opp Vanvaibhav Stop Gurugovind Singh Road Indira Nagar, Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.93 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹76.73 Lakh (net margin 5.1%) and EBITDA of ₹2.08 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 33% over five years.
The company is associated with 1 brand: Papervikreta. As per MCA filings, the company has open charges of ₹6.54 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milesweb.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSuman Plot – 25 Opp Vanvaibhav Stop Gurugovind Singh Road Indira Nagar, Nashik, Maharashtra, India – 422009
- IndustryInformation Technology, Data Processing, Hosting And Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Milesweb Internet Services Private Limited
The main business activity of Milesweb Internet Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Milesweb Internet Services Private Limited FY 2024 filings available
Milesweb Internet Services Private Limited reported revenue of ₹14.93 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Milesweb Internet Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 24% growth in the latest year. EBITDA rose 52% 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 Milesweb Internet Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76.73 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Milesweb Internet Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net 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 AOC-4. The full year-wise statements and ratios of Milesweb Internet Services are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Milesweb Internet Services Private Limited
Milesweb Internet Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Probit Education Private Limited | ₹16.39 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Pune, Maharashtra, India |
| Escalates Tech India Private Limited | ₹15.96 Cr (FY 2024) | •••• | •••• | 145.0% | •••• | Bhopal, Madhya Pradesh, India |
| Pwti Media Services Private Limited | ₹15.87 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Thane, Maharashtra, India |
| Mostedge Services Private Limited | ₹15.42 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Aidigitas Digital Private Limited | ₹15.17 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Gurgaon, Haryana, India |
| Milesweb Internet Services Private Limited this company | ₹14.93 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Nashik, Maharashtra, India |
| Webbymonks Technologies Private Limited | ₹14.9 Cr (FY 2019) | •••• | •••• | 150.0% | •••• | Ahmedabad, Gujarat, India |
| Tapclicks Software India Private Limited | ₹14.85 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Midas IT Services India Private Limited | ₹14.68 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Calibre Websol Private Limited | ₹14.62 Cr (FY 2025) | •••• | •••• | 1080.0% | •••• | Delhi, India |
| Alldomainsoft.Com Private Limited | ₹14.53 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Milesweb Internet Services by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Milesweb Internet Services Private Limited
Milesweb Internet Services Private Limited is audited by KALE EKHANDE SINGH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KALE EKHANDE SINGH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Milesweb Internet Services Private Limited
Milesweb Internet Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Anil Mahale | Director | 06 Nov 2015 | 10 Years 11 Months | Current |
| Deepak Sukhlal Kori | Director | 06 Nov 2015 | 10 Years 11 Months | Current |
| Chinmay Suresh Dingore | Director | 06 Nov 2015 | 10 Years 11 Months | Current |
Ownership and Shareholding of Milesweb Internet Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Milesweb Internet Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2022 | Hdfc Bank Limited | ₹6.54 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Milesweb Internet Services Private Limited
Milesweb Internet Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (CMA SC) | Filed against the company by an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Milesweb Internet Services Private Limited
Milesweb Internet Services operates one associated brand: Papervikreta. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online invoice management is offered for newspaper vendors. | papervikreta.com |
Employees and EPFO Compliance at Milesweb Internet Services Private Limited
Employment history and EPFO contributions of people linked to Milesweb Internet Services.
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.
News related to Milesweb Internet Services Private Limited
Recent Activity on Milesweb Internet Services Private Limited
Milesweb Internet Services Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Chetan Anil Mahale was appointed as Director on 06 Nov 2015.
Credit Ratings, Litigation & Regulatory Alerts for Milesweb Internet Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Milesweb Internet Services Private Limited
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
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Milesweb Internet Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Milesweb Internet Services Private Limited
Milesweb Internet Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM0202D1Z2 | Maharashtra | 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
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Milesweb Internet Services Private Limited
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 Milesweb Internet Services Private Limited
Milesweb Internet Services is an active private limited company based in Nashik, Maharashtra, India. The company works in data processing, within the information technology industry. It was incorporated on 06 November 2015 (11+ years old) and is registered under CIN U74999MH2015PTC269947.
Milesweb Internet Services reported revenue of ₹14.93 Cr for FY 2024 (up 24% YoY).
Milesweb Internet Services has 3 current directors:
- Chetan Anil Mahale - Director
- Deepak Sukhlal Kori - Director
- Chinmay Suresh Dingore - Director
Milesweb Internet Services reported a net profit of ₹76.73 Lakh (net margin 5.1%) and EBITDA of ₹2.08 Cr (EBITDA margin 13.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milesweb Internet Services is 17% over three years and 33% over five years. In the latest year (FY 2024) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Milesweb Internet Services is 27AAKCM0202D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Milesweb Internet Services is U74999MH2015PTC269947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milesweb Internet Services has 2 court cases on record: 2 filed against it.
Milesweb Internet Services was incorporated on 06 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Milesweb Internet Services by revenue are Probit Education Private Limited, Escalates Tech India Private Limited, Pwti Media Services Private Limited, Mostedge Services Private Limited, Aidigitas Digital Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Chetan Anil Mahale was appointed as Director on 06 Nov 2015. Chinmay Suresh Dingore was appointed as Director on 06 Nov 2015. Deepak Sukhlal Kori was appointed as Director on 06 Nov 2015.