
Milople Technologies Private Limited
About Milople Technologies Private Limited
Data last updated:
Milople Technologies Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 12 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72300GJ2015PTC082570. Its GSTIN is 24AAJCM6678G1Z3 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47 Lakh. It is led by directors including Ashvin Kumar Babubhai Patel and Hiralben Ashvinbhai Patel.
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 201 Shopper'S Point Parimal Cross Roads Waghawadi Road, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.98 Cr, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹56.26 Lakh (net margin 11.3%) and EBITDA of ₹1.01 Cr (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 49% over five years.
The company is associated with 2 brands: Havi Propel and Milople. As per MCA filings, the company has open charges of ₹9.2 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Milople Technologies Private Limited's registered office is in Bhavnagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address201 Shopper'S Point Parimal Cross Roads Waghawadi Road, Bhavnagar, Gujarat, India – 364001
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Milople Technologies Private Limited, buy the company report.
- 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
Brands
Milople Technologies operates two associated brands: Havi Propel and Milople. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform for 3D product design, customization, and e-commerce integration services. | havipropel.com | |
| Provides comprehensive ecommerce support services to enhance online business operations. | milople.com |
Business activity
The main business activity of Milople Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Milople Technologies Private Limited, buy the company report.
Financials of Milople Technologies Private Limited
FY 2025 filings availableMilople Technologies Private Limited reported revenue of ₹4.98 Cr (up 123% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 123% growth in the latest year. EBITDA rose 88% 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 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.26 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.2% | ||||
| Net Profit Margin | 11.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Milople Technologies Private Limited, buy the company report.
Board of directors of Milople Technologies Private Limited
Milople Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashvin Kumar Babubhai Patel Also directs: Craftech Additive Solutions LLP, Zento PG LLP, Technology Entrepreneurs Council and 1 more | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
| Hiralben Ashvinbhai Patel | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
| Kishor Jerambhai Zadafiya | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Milople Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omegacube Techsystems Private Limited | ₹4.99 Cr (FY 2025) | 8.0% | Delhi, India | |||
| E2 Infosystems Private Limited | ₹4.99 Cr (FY 2024) | 24.0% | Chennai, Tamil Nadu, India | |||
| Milople Technologies Private Limitedthis company | ₹4.98 Cr (FY 2025) | ₹56.26 Lakh | 11.3% | 123.0% | Bhavnagar, Gujarat, India | |
| Quolam Business Solutions Private Limited | ₹4.95 Cr (FY 2025) | 4.0% | Panvel, Maharashtra, India |
To see the full peer comparison of Milople Technologies Private Limited, buy the company report.
Auditor
Milople Technologies Private Limited is audited by AMIT K BHATT & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT K BHATT & CO | FY 2024 | 049340 |
Shareholding
The shareholding of Milople Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Milople Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2026 | 101390268 | Canara Bank | ₹9.2 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Milople Technologies 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 Milople Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Milople Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCM6678G1Z3 | Gujarat | Active | 25 Aug 2017 |
To see the full GST registrations and return filing status of Milople Technologies Private Limited, buy the company report.
Recent activity
Milople Technologies Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Prashant Rajendrakumar Mamtora ceased to be Director on 23 Mar 2021.
Frequently asked questions
Milople Technologies is an active private limited company based in Bhavnagar, Gujarat, India. The company works in computer programming, within the information technology industry. It was incorporated on 12 March 2015 (11+ years old) and is registered under CIN U72300GJ2015PTC082570.
Milople Technologies has 3 current directors:
- Ashvin Kumar Babubhai Patel - Director
- Hiralben Ashvinbhai Patel - Director
- Kishor Jerambhai Zadafiya - Director
The latest financial statements of Milople Technologies 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 2015 are in the company report.
The GSTIN of Milople Technologies is 24AAJCM6678G1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Milople Technologies is U72300GJ2015PTC082570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milople Technologies was incorporated on 12 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Milople Technologies by revenue are Omegacube Techsystems Private Limited, E2 Infosystems Private Limited, Quolam Business Solutions Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Prashant Rajendrakumar Mamtora ceased to be Director on 23 Mar 2021. Riddhi Prashant Mamtora ceased to be Director on 23 Mar 2021. Ashvin Kumar Babubhai Patel was appointed as Director on 15 Nov 2019. Milople Technologies has 5 board changes on record in total.
The registered office of Milople Technologies is at 201 ShopperS Point Parimal Cross Roads Waghawadi Road, Bhavnagar, Gujarat, India – 364001.
Milople Technologies operates in the information technology industry, in the computer programming segment.
Milople Technologies has open charges of ₹9.2 Lakh and no satisfied charges on record as per latest MCA filings.