MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0007347
Mili Steels Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹127.4 Cr
▲ 37% YoY
Net profit · FY 2025
₹90.22 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹4.04 Cr
EBITDA margin 3.2%
Authorised capital
₹2.06 Cr
Registered with MCA
Paid-up capital
₹1.58 Cr
Issued & subscribed
Open charges
₹64.76 Cr
Satisfied ₹7.69 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
11
Provident fund records
About Mili Steels Private Limited
Data last updated:
Mili Steels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 09 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28110MH1995PTC093439. Its GSTIN is 27AAACM5722A1ZZ (Maharashtra).
The company has an authorised share capital of ₹2.06 Cr and a paid-up capital of ₹1.58 Cr. It is led by directors Jayesh Visanji Chheda and Tarachand Ratanshi Gosar.
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 D/48 Sarvodaya Nagarist Panjrapole Lane, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹127.4 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹90.22 Lakh (net margin 0.7%) and EBITDA of ₹4.04 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mili Steel. As per MCA filings, the company has open charges of ₹64.76 Cr and satisfied charges of ₹7.69 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 1 case is pending. The company has 21 deals on record (15 secondary share transfers, 6 funding rounds), with disclosed funding of ₹3.88 Cr; the latest was in March 2024. Its 3 peer companies in the Consumer Products industry (Crockery and Utensils Manufacturers), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Kasliwal Projects Limited with revenue of ₹128.22 Cr.
Mili Steels Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0007347). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milisteel.com.
Company details
CIN U28110MH1995PTC093439
Registration Number 093439
Incorporation Date 09 October 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0007347
Recognitions & Rankings of Mili Steels
Contact details
Mili Steels Private Limited's registered office is in Mumbai, Maharashtra. Its website is milisteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD/48 Sarvodaya Nagarist Panjrapole Lane, Mumbai, Maharashtra, India – 400004
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Mili Steels Private Limited, buy the company report.
Comprehensive company report
Mili Steels Private Limited - one report that includes everything
- 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
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Brands
Mili Steels operates one associated brand: Mili Steel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and trading of stainless steel products, including kitchen utensils and home appliances. | milisteel.com |
Business activity
The main business activities of Mili Steels are trade and manufacturing. In detail, this covers wholesale trading and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mili Steels Private Limited, buy the company report.
Financials of Mili Steels Private Limited
FY 2025 filings availableMili Steels Private Limited reported revenue of ₹127.4 Cr (up 37% YoY) for FY 2025.
Revenue · FY 2025
₹127.4 Cr ▲ 37%
Net profit · FY 2025
₹90.22 Lakh margin 0.7%
EBITDA · FY 2025
₹4.04 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 1%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 37% growth in the latest year. EBITDA fell 3% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹90.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Mili Steels Private Limited, buy the company report.
Board of directors of Mili Steels Private Limited
Mili Steels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Visanji Chheda Also directs: Mili Tradewings LLP, M K System and Plant (India) Private Limited | Director | 09 Oct 1995 | 31 Years 0 Months | Current |
| Tarachand Ratanshi Gosar Also directs: Mili Tradewings LLP, Vistara Industries (I) Private Limited, Kalptarra Industries (I) Private Limited and 3 more | Director | 09 Oct 1995 | 31 Years 0 Months | Current |
Peer comparison
Mili Steels Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Crockery and Utensils Manufacturers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kasliwal Projects Limited | ₹128.22 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Mili Steels Private Limitedthis company | ₹127.4 Cr (FY 2025) | ₹90.22 Lakh | 0.7% | 37.0% | 11 | Mumbai, Maharashtra, India |
| D M W Export Private Limited | ₹124.43 Cr (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Anappadikkal Trading Company Private Limited | ₹122.46 Cr (FY 2025) | 17.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Mili Steels Private Limited, buy the company report.
Auditor
Mili Steels Private Limited is audited by CGCA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CGCA & Associates | FY 2023 | 123393W |
Shareholding
The shareholding of Mili Steels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mili Steels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹64.76 Cr
Satisfied charges
₹7.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2018 | 100183325 | Others | ₹2.28 Cr | Open | |
| 20 Sep 2006 | 10023202 | Bank of India | ₹31.24 Cr | Open | |
| 20 Sep 2006 | 10023223 | Bank of India | ₹31.24 Cr | Open | |
| 06 Mar 2003 | 90149849 | Bank of India | ₹5.97 Cr | Satisfied | |
| 06 Feb 2001 | 90150860 | Bank of India | ₹92 Lakh | Satisfied |
To see the full charge records of Mili Steels Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Mili Steels Private Limited has 21 deals on record (15 secondary share transfers, 6 funding rounds), with disclosed funding of ₹3.88 Cr; the latest was in March 2024.
Total deals
21
Secondary share transfers
15
Funding rounds
6
Disclosed funding
₹3.88 Cr
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: Mili Trading Private Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mili Trading Private Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Seller: Mili Trading Private Limited , 3 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Mili Trading Private Limited Seller: Mili Trading Private Limited |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mili Trading Private Limited |
To see the full deal history of Mili Steels Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mili Steels Private Limited has 10 court cases on record: 1 filed by Mili Steels, 9 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed by the company
1
Filed against the company
9
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by Assistant Commissioner Division VI CST and Central Excise Thane | Pending |
| District court, Jalgaon, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-H) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-H) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-H) | Filed against the company by an individual | Disposed |
To see the full case history of Mili Steels Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mili Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mili Steels Private Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
22.22%
GST
Mili Steels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM5722A1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mili Steels Private Limited, buy the company report.
Recent activity
Mili Steels Private Limited has 8 board changes on record since 1995: 5 appointments and 3 cessations. The latest: Chandresh Premchand Bauva ceased to be Director on 31 Jan 2025.
AGM
Mili Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mili Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Chandresh Premchand Bauva ceased to be Director.
Ceased
Hemant Kheraj Gada ceased to be Director.
Charges
A charge with Bank Of India of Rs. 31.24 Cr registered on 20 Sep 2006 with Charge ID 10023202 was modified on 02 Dec 2021.
Charges
A charge with Bank Of India of Rs. 31.24 Cr registered on 20 Sep 2006 with Charge ID 10023223 was modified on 02 Dec 2021.
Charges
A charge registered on 06 Mar 2003 via Charge ID 90149849 with Bank Of India was fully satisfied on 02 Sep 2021.
Charges
A charge registered on 06 Feb 2001 via Charge ID 90150860 with Bank Of India was fully satisfied on 02 Sep 2021.
Charges
A charge registered on 04 Jan 2000 via Charge ID 90150750 with Bank Of India was fully satisfied on 02 Sep 2021.
Charges
A charge registered on 01 Jul 1999 via Charge ID 90150682 with Bank Of India was fully satisfied on 02 Sep 2021.
Charges
A charge with Others amounted to Rs. 2.28 Cr with Charge ID 100183325 was registered on 31 May 2018.
Ceased
Kalyanji Nagda ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Mili Steels is an active private limited company based in Mumbai, Maharashtra, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 09 October 1995 (31+ years old) and is registered under CIN U28110MH1995PTC093439.
Mili Steels has 2 current directors:
- Jayesh Visanji Chheda - Director
- Tarachand Ratanshi Gosar - Director
The latest financial statements of Mili Steels 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 Mili Steels is 27AAACM5722A1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mili Steels is U28110MH1995PTC093439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mili Steels has 10 court cases on record: 1 filed by the company and 9 filed against it. 1 is pending.
Mili Steels was incorporated on 09 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Mili Steels has 21 deals on record (15 secondary share transfers, 6 funding rounds), with disclosed funding of ₹3.88 Cr; the latest was in March 2024.
The peers of Mili Steels by revenue are Kasliwal Projects Limited, D M W Export Private Limited, Anappadikkal Trading Company Private Limited, all in the Consumer Products industry (Crockery and Utensils Manufacturers), with the same principal business activity (wholesale trading).
Chandresh Premchand Bauva ceased to be Director on 31 Jan 2025. Hemant Kheraj Gada ceased to be Director on 11 Oct 2023. Kalyanji Nagda ceased to be Director on 19 Feb 2010. Mili Steels has 8 board changes on record in total.
Yes, Mili Steels is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0007347).