Millworks Technologies Limited - Company Profile

It is a machinery and equipment public limited company based in Bangalore North, Karnataka, India, established in 2021.
2021 Bangalore North, Karnataka, India Active
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About Millworks Technologies Limited

Millworks Technologies Limited, a active public limited company, was established on 01 November 2021 in Bangalore North, Karnataka, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U29200KA2021PLC153863. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹18.00 Cr and a paid-up capital of ₹12.77 Cr.

Formerly known as Millworks Technologies Private Limited. Employing 56 professional, Its leadership includes Sridhar Acharya (Managing Director), Maniyil Indrabalan (Director), Sowmya Madhu (Whole-Time Director). Past directors included Srivathsan Narasimhan Kumbakonam, Sridhar Acharya, Maniyil Indrabalan. It holds ₹14.28 Cr open charges and ₹2.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.458/1 10Th A Cross Phase -4,, Peenya Industrial Area,, Bangalore North, Karnataka, 560058.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29200KA2021PLC153863

  • Registration Number

    153863

  • Incorporation Date

    01 November 2021

  • Authorized Capital

    ₹18.00 Cr

  • Paid-Up Capital

    ₹12.77 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 12.77 Cr
  • Company Age 4 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 14.28 Cr
  • Satisfied Charges ₹ 2.00 Cr
Company report

Millworks Technologies Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Millworks Technologies Limited?
Current Directors
Name Designation Appointment Date Status
Sridhar Acharya Managing Director 01 Nov 2021 Current
Maniyil Indrabalan Director 22 Nov 2025 Current
Sowmya Madhu Whole-Time Director 01 Nov 2021 Current
Madhu Hulisandra Krishnamurthy Whole-Time Director 01 Nov 2021 Current
Rashmi Sridhar Acharya Director 01 Nov 2021 Current
Subramanian Ganesan Director 22 Nov 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary 01 Oct 2025 Past
Pramod Abcsdd Director 21 Nov 2025 Past
Pramod Abcsdd Additional Director 21 Dec 2025 Past
Pramod Abcsdd Director 21 Nov 2025 Past
Pramod Abcsdd Director 21 Nov 2025 Past
Pramod Abcsdd Director 28 Nov 2025 Past

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Financial Performance of Millworks Technologies.
Millworks Technologies revenue growth over time
Millworks Technologies 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)
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What is the Ownership and Shareholding Structure of Millworks Technologies?

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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

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Charges (Loans)
Open Charges

₹142,754,031.00

Satisfied Charges

₹20,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 9.05 Cr
  • Sidbi : 3.00 Cr
  • Others : 2.23 Cr
Latest Charge Details
Date Lender Amount Status
13 Aug 2025 Axis Bank Limited ₹8.30 Cr Open
13 Aug 2025 Axis Bank Limited ₹7.50 M Open
31 May 2025 Others ₹8.38 M Open
12 Mar 2025 Sidbi ₹3.00 Cr Open
28 Feb 2025 Others ₹3.13 M Open

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How Many Employees Work at Millworks Technologies?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Millworks Technologies
Recent Activity within the Organization
  • Director Appointment

    Srivathsan Narasimhan Kumbakonam was appointed as a Company Secretary was appointed as a Company Secretary on 24 Dec 2025 & has been associated with this company since 2 months 6 days . was recorded as a recent event.

  • Director Appointment

    Maniyil Indrabalan was appointed as a Director was appointed as a Director on 22 Nov 2025 & has been associated with this company since 3 months 7 days . was recorded as a recent event.

  • Director Appointment

    Progress on Subramanian Ganesan was appointed as a Director was appointed as a Director on 22 Nov 2025 & has been associated with this company since 3 months 7 days . was documented.

  • Director Appointment

    Progress on Ashwath Narayana Halesara Manjunatha was appointed as a Cfo was appointed as a Cfo on 28 Oct 2025 & has been associated with this company since 4 months 2 days . was documented.

  • Annual General Meeting

    Millworks Technologies Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 21 Nov 2022 via Charge ID 100646013 with Others was fully satisfied on 14 Aug 2025. was documented.

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Frequently Asked Questions
What is the CIN of Millworks Technologies Limited?

The CIN of Millworks Technologies Limited is U29200KA2021PLC153863.

Where is Millworks Technologies Limited headquartered?

Millworks Technologies Limited is headquartered at No.458/1 10Th A Cross Phase -4,, Peenya Industrial Area,, Bangalore North, Karnataka, 560058.

When was Millworks Technologies Limited incorporated?

Millworks Technologies Limited was incorporated on 01 November 2021.

Who are the current directors of Millworks Technologies Limited?

The current directors of Millworks Technologies Limited are

What is the primary industry of Millworks Technologies Limited?

The primary industry of Millworks Technologies Limited is Manufacturing.

Is Millworks Technologies Limited a listed company?

Millworks Technologies Limited is unlisted.

What is the capital structure of Millworks Technologies Limited?

The authorized capital of Millworks Technologies Limited is ₹18.00 Cr, and the paid-up capital is ₹12.77 Cr.

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