- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0188893

Mill Power Private Limited
About Mill Power Private Limited
Data last updated:
Mill Power Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 25 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2021PTC123610. Its GSTIN is 24AAOCM7118C1ZL (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hiteshkumar Patel (Managing Director) and Rekha Patel (Whole-Time Director).
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 B/32 F.F Arvind Ind Estate Nr L.B Shastri Road Bapu Nagar, Ahmedabad, Gujarat, India – 380024.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.67 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹13.1 Lakh (net margin -7.8%) and EBITDA of -₹5.57 Lakh (EBITDA margin -3.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹32.89 Lakh on record.
Mill Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0188893).
Company details
Recognitions & Rankings of Mill Power
Contact details
Mill Power Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressB/32 F.F Arvind Ind Estate Nr L.B Shastri Road Bapu Nagar, Ahmedabad, Gujarat, India – 380024
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
Business activity
The main business activity of Mill Power is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mill Power Private Limited, buy the company report.
Financials of Mill Power Private Limited
FY 2025 filings availableMill Power Private Limited reported revenue of ₹1.67 Cr (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 46% fall in the latest year. EBITDA fell 157% 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 |
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| Total Expenses | ||||
| EBITDA | -₹5.57 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹13.1 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.3% | |||
| Net Profit Margin | -7.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Mill Power Private Limited, buy the company report.
Board of directors of Mill Power Private Limited
Mill Power has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshkumar Patel | Managing Director | 25 Jun 2021 | 5 Years 4 Months | Current |
| Rekha Patel | Whole-Time Director | 25 Jun 2021 | 5 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2024 | 100913015 | Hdfc Bank Limited | ₹32.89 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mill Power 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 Mill Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mill Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCM7118C1ZL | Gujarat | Active | 11 Aug 2021 |
To see the full GST registrations and return filing status of Mill Power Private Limited, buy the company report.
Recent activity
Mill Power Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Hiteshkumar Patel ceased to be Director on 24 Feb 2023.
Frequently asked questions
Mill Power is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 25 June 2021 (5+ years old) and is registered under CIN U29309GJ2021PTC123610.
Mill Power has 2 current directors:
- Hiteshkumar Patel - Managing Director
- Rekha Patel - Whole-Time Director
The latest financial statements of Mill Power 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 FY 2022 are in the company report.
The GSTIN of Mill Power is 24AAOCM7118C1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Mill Power is U29309GJ2021PTC123610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mill Power was incorporated on 25 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hiteshkumar Patel ceased to be Director on 24 Feb 2023. Rekha Patel ceased to be Director on 24 Feb 2023. Hiteshkumar Patel was appointed as Managing Director on 25 Jun 2021. Mill Power has 4 board changes on record in total.
Yes, Mill Power is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0188893).
The registered office of Mill Power is at B32 F.F Arvind Ind Estate Nr L.B Shastri Road Bapu Nagar, Ahmedabad, Gujarat, India – 380024.
Mill Power operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.