Millap Cycles Profile
Key Indicators
- Authorised Capital ₹ 1.70 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.94 Cr
- Revenue Growth 25.66%
- Profit Growth 25.94%
- Ebitda 36.07%
- Net Worth 26.28%
- Total Assets 17.50%
About Millap Cycles
Millap Cycles Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 2011 and has a history of 13 years and five months. Its registered office is in Malda, West Bengal, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.70 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹5.94 Cr.
Anil Agarwal, Narayan Agarwal, Nitesh Agarwal, and One other member serve as directors at the Company.
Company Details
- Location
Malda, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35110WB2011PTC171029
- Company No.
171029
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Dec 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Automotive
What products or services does Millap Cycles Private Limited offer?
Millap Cycles Private Limited offers a wide range of products and services, including Motorcycle Tyres, Bike Tyres.
Millap Cycles Private Limited
Explore comprehensive data for Millap Cycles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Millap Cycles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumit Agarwal  | Director | 10-Oct-2012 | Current |
| Nitesh Agarwal | Director | 10-Oct-2012 | Current |
| Anil Agarwal | Director | 21-Dec-2011 | Current |
| Narayan Agarwal | Director | 21-Dec-2011 | Current |
Financial Performance of Millap Cycles.
Millap Cycles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.66% increase. The company also saw a substantial improvement in profitability, with a 25.94% increase in profit. The company's net worth Soared by an impressive increase of 26.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Millap Cycles?
Unlock access to Millap Cycles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
- Millap Bicycles Private Limited
Anil Agarwal and Narayan Agarwal are mutual person
- Quatro Bikes Private Limited
Narayan Agarwal is a mutual person
Charges (Loans)
Open Charges
₹5.94 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Uco Bank : 5.94 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2018 | Uco Bank | ₹5.94 Cr | Open |
How Many Employees Work at Millap Cycles?
Millap Cycles has a workforce of 94 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Millap Cycles, 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 Millap Cycles's trajectory.
Rating
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
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 Millap Cycles
Recent activity within the organization
- Annual General Meeting
Millap Cycles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Millap Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Uco Bank of Rs. 5.94 Cr registered on 28 Aug 2018 with Charge ID 100204862 was modified on 30 Sep 2022.
- Charges
A charge with Uco Bank amounted to Rs. 5.94 Cr with Charge ID 100204862 was registered on 28 Aug 2018.
- Director Appointment
Nitesh Agarwal was appointed as a Director was appointed as a Director on 10 Oct 2012 & has been associated with this company since 12 years 7 months .
- Director Appointment
Sumit Agarwal was appointed as a Director was appointed as a Director on 10 Oct 2012 & has been associated with this company since 12 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Millap Cycles Private Limited?
Millap Cycles Private Limited was incorporated on 21 Dec 2011.
What is authorized share capital and paid-up capital of Millap Cycles Private Limited?
The authorized share capital of Millap Cycles Private Limited is ₹ 1.70 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Millap Cycles Private Limited?
Currently 4 directors are associated with Millap Cycles Private Limited.
- Anil Agarwal
- Narayan Agarwal
- Nitesh Agarwal
- Sumit Agarwal
What is the registered address of Millap Cycles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Millap Cycles Private Limited is Plot No. R-23 (P) Wbiidc, Narayanpur P.O. - Balia Nawabganj India, Malda, West Bengal, 732128.
What is the corporate identification number (CIN) and company number of Millap Cycles Private Limited?
The corporate identification number (CIN) of Millap Cycles Private Limited is U35110WB2011PTC171029 and the company number is 171029 as per Ministry of Corporate Affairs (MCA).
What is the official website of Millap Cycles Private Limited?
The Official website of Millap Cycles Private Limited is https://www.milapindustries.com
What has been the recent revenue trend for Millap Cycles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Millap Cycles Private Limited has risen by 25.66%.
How many employees does Millap Cycles Private Limited currently have?
As Per 2023 financial reports, 94 employees are currently employed by Millap Cycles Private Limited.
What change has been observed in the net worth of Millap Cycles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Millap Cycles Private Limited has experienced an upsurge of 26.28%.
What are the total open charges for Millap Cycles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Millap Cycles Private Limited amount to ₹ 5.94 Cr.
When was the last Balance Sheet of Millap Cycles Private Limited filed with the ROC?
The most recent Balance Sheet for Millap Cycles Private Limited was filed with the ROC on 31 Mar 2024.
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