Milltec Machinery Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bengaluru, Karnataka, India, established in 2019.

2019 Bengaluru, Karnataka, India Active

Last Updated: December 30, 2025

About Milltec Machinery Private Limited

Milltec Machinery Private Limited, a active private limited company, was established on 06 March 2019 in Bengaluru, Karnataka, India. Engaging in process machinery & industrial equipment within the manufacturing sector, it holds CIN: U29299KA2019PTC122150. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2,572.31 Cr and a paid-up capital of ₹2,572.14 Cr.

Formerly known as Z-Agi Agricultural Equipment (India) Private Limited. Its leadership includes Ryan Gordon Kipp (Director), Noam Silberstein (Director), Rajan Aggarwal (Ceo). Past directors included Rajendran Joghee, Avijit Mishra, Ryan Gordon Kipp. It holds ₹43.50 Cr open charges and ₹65.00 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at No. 51/A Phase-1 Kiadb Industrial Area Bommasandra, Bengaluru, Karnataka, 560099.

Company Details

CIN/LLPIN
U29299KA2019PTC122150
Registration Number
122150
Incorporation Date
06 March 2019
Authorized Capital
₹2,572.31 Cr
Paid-Up Capital
₹2,572.14 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2,572.31 Cr as on 30-12-2025
Paid Up Capital ₹ 2,572.14 Cr as on 30-12-2025
Company Age 6 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 43.50 Cr as on 30-12-2025
Satisfied Charges ₹ 65.00 Cr as on 30-12-2025
Revenue Growth **** 36.69% (FY 2023)
Profit Growth **** 202.58% (FY 2023)
Ebitda **** 51.80% (FY 2023)
Net Worth 22.09% (FY 2023)
Total Assets **** 9.49% (FY 2023)

Comprehensive Company Insights

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

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Who are the key members and board of directors at Milltec Machinery Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ryan Gordon Kipp	Director	27 Jul 2020	Current
Noam Silberstein	Director	27 Jul 2020	Current
Rajan Aggarwal	Ceo	27 Jul 2020	Current
Paul David Householder	Director	06 Dec 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	20 Aug 2022	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	09 Dec 2020	Past
Pramod Abcsdd	Additional Director	09 Dec 2020	Past
Pramod Abcsdd	Additional Director	13 Nov 2023	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Milltec Machinery.

Milltec Machinery Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.69% increase. The company also saw a substantial improvement in profitability, with a 202.58% increase in profit. The company's net worth Soared by an impressive increase of 22.09%.

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

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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

********

36.69%

*******

Revenue from Operations

*******

36.89%

*******

Total Assets

*******

9.49%

*******

Profit or Loss

*******

202.58%

*******

Net Worth

*******

22.09%

*******

EBITDA

*******

51.80%

*******

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What is the Ownership and Shareholding Structure of Milltec Machinery?

In 2024, Milltec Machinery 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)

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

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Charges (Loans)

Open Charges

₹435,000,000.00

Satisfied Charges

₹650,000,000.00

Charges Breakdown by Lending Institutions

The Hongkong And Shanghai Banking Corporation Limited : 43.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
19 Aug 2020	The Hongkong And Shanghai Banking Corporation Limited	₹43.50 Cr	Open
30 Jan 2015	State Bank Of India	₹65.00 Cr	Satisfied

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How Many Employees Work at Milltec Machinery?

Unlock and access historical data on people associated with Milltec Machinery, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Milltec Machinery, 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 Milltec Machinery's trajectory.

Rating

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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.

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Latest Updates, News, and FAQs on Milltec Machinery

Recent Activity within the Organization

Annual General Meeting

The activity Milltec Machinery Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was completed.
24 Sep 2025
Balance Sheet

The activity Milltec Machinery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

Progress on Saikat Ray was appointed as a Company Secretary was appointed as a Company Secretary on 10 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.
10 Sep 2024
Director Appointment

The activity Paul David Householder was appointed as a Director was appointed as a Director on 06 Dec 2022 & has been associated with this company since 3 years 2 months . was completed.
06 Dec 2022
Director Appointment

The activity Rajan Aggarwal was appointed as a Ceo was appointed as a Ceo on 03 Nov 2022 & has been associated with this company since 3 years 4 months . was completed.
03 Nov 2022
Charges

Progress on A charge registered on 30 Jan 2015 via Charge ID 10555181 with State Bank Of India was fully satisfied on 24 Dec 2021. was documented.
24 Dec 2021

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