Millars Machinery Co Pvt Limited - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 1971.
1971 Mumbai, Maharashtra, India Active
Last Updated:
Access Report
About Millars Machinery Co Pvt Limited

Millars Machinery Co Pvt Limited, a active private limited company, was established on 26 July 1971 in Mumbai, Maharashtra, India. Engaging in construction machinery & equipment within the manufacturing sector, it holds CIN: U29240MH1971PTC015240. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.25 M.

It upholds a compliant status. Its leadership includes Ashok Jethabhai Patel (Director), Tarak Ashok Patel (Director), Urmi Ashok Patel (Director). Past directors included Narendra Himmatlal Bhatt, Urmi Ashok Patel, Payal Tarak Patel. It holds ₹2.31 M open charges and ₹1.20 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Churchgate House 4Th Floor32-34 Veer Nariman Road, Mumbai, Maharashtra, 400001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U29240MH1971PTC015240

  • Registration Number

    015240

  • Incorporation Date

    26 July 1971

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.25 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.25 M
  • Company Age 54 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.31 M
  • Satisfied Charges ₹ 1.20 M
  • Revenue Growth **** 13.06%
  • Profit Growth **** -26.55%
  • Ebitda **** 45.86%
  • Net Worth 0.06%
  • Total Assets **** 0.05%
Company report

Millars Machinery Co Pvt Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Millars Machinery Co Pvt Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Millars Machinery Co Pvt Limited?
Current Directors
Name Designation Appointment Date Status
Ashok Jethabhai Patel Director 28 Aug 1971 Current
Tarak Ashok Patel Director 28 Mar 2001 Current
Urmi Ashok Patel Director 19 Aug 2020 Current
Payal Tarak Patel Whole-Time Director 02 Sep 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Feb 2017 Past
Pramod Abcsdd Additional Director 30 Dec 2020 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past
Pramod Abcsdd Director 23 Mar 2015 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Millars Machinery Co.

Millars Machinery Co Pvt Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.06% increase. The company also saw a substantial fall in profitability, with a 26.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.06%.

Millars Machinery Co revenue growth over time
Millars Machinery Co 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
********
 13.06%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 0.05%
*******
*******
*******
*******
Profit or Loss
*******
 -26.55%
*******
*******
*******
*******
Net Worth
*******
 0.06%
*******
*******
*******
*******
EBITDA
*******
 45.86%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Millars Machinery Co?

In 2023, Millars Machinery Co 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹2,314,478.00

Satisfied Charges

₹1,200,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Maharashtra : 0.23 Cr
Latest Charge Details
Date Lender Amount Status
08 Nov 1977 Bank Of Maharashtra ₹0.50 M Open
15 Feb 1977 Bank Of Maharashtra ₹0.08 M Open
12 Apr 1976 Bank Of Maharashtra ₹0.40 M Open
06 Jan 1976 Bank Of Maharashtra ₹1.34 M Open
11 Sep 1971 The National & Grindlays Bank Ltd. ₹1.20 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Millars Machinery Co?

Unlock and access historical data on people associated with Millars Machinery Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Millars Machinery Co, 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 Millars Machinery Co'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Millars Machinery Co
Recent Activity within the Organization
  • Annual General Meeting

    Millars Machinery Co Pvt Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Millars Machinery Co Pvt Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    Payal Tarak Patel was appointed as a Whole-time director was appointed as a Whole-time director on 02 Sep 2021 & has been associated with this company since 4 years 5 months . was recorded as a recent event.

  • Director Appointment

    The activity Urmi Ashok Patel was appointed as a Director was appointed as a Director on 19 Aug 2020 & has been associated with this company since 5 years 5 months . was completed.

  • Director Appointment

    Tarak Ashok Patel was appointed as a Director was appointed as a Director on 28 Mar 2001 & has been associated with this company since 24 years 10 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Bank Of Maharashtra amounted to Rs. 0.50 M with Charge ID 90161461 was registered on 08 Nov 1977. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Millars Machinery Co Pvt Limited?

The CIN of Millars Machinery Co Pvt Limited is U29240MH1971PTC015240.

Where is Millars Machinery Co Pvt Limited headquartered?

Millars Machinery Co Pvt Limited is headquartered at Churchgate House 4Th Floor32-34 Veer Nariman Road, Mumbai, Maharashtra, 400001.

When was Millars Machinery Co Pvt Limited incorporated?

Millars Machinery Co Pvt Limited was incorporated on 26 July 1971.

Who are the current directors of Millars Machinery Co Pvt Limited?

The current directors of Millars Machinery Co Pvt Limited are

What is the primary industry of Millars Machinery Co Pvt Limited?

The primary industry of Millars Machinery Co Pvt Limited is Manufacturing.

Is Millars Machinery Co Pvt Limited a listed company?

Millars Machinery Co Pvt Limited is unlisted.

What is the capital structure of Millars Machinery Co Pvt Limited?

The authorized capital of Millars Machinery Co Pvt Limited is ₹2.50 M, and the paid-up capital is ₹1.25 M.

What is the compliance status of Millars Machinery Co Pvt Limited?

The compliance status of Millars Machinery Co Pvt Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available