Milople Technologies Private Limited

Milople Technologies Private Limited - information technology in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
CIN U72300GJ2015PTC082570 Incorporated 12 March 2015 ROC Ahmedabad HQ Bhavnagar, Gujarat, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹4.98 Cr
▲ 123% YoY
Net profit · FY 2025
₹56.26 Lakh
Net margin 11.3%
EBITDA · FY 2025
₹1.01 Cr
EBITDA margin 20.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹47 Lakh
Issued & subscribed
Open charges
₹9.2 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings

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

CIN U72300GJ2015PTC082570
Registration Number 082570
Incorporation Date 12 March 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

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 Address
    201 Shopper'S Point Parimal Cross Roads Waghawadi Road, Bhavnagar, Gujarat, India – 364001
  • Industry
    Information Technology, Computer Programming, Consultancy

To see the full contact details of Milople Technologies Private Limited, buy the company report.

Comprehensive company report
Milople Technologies Private Limited - one report that includes everything
  • 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
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Brands

Milople Technologies operates two associated brands: Havi Propel and Milople. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Milople Technologies Private Limited reported revenue of ₹4.98 Cr (up 123% YoY) for FY 2025.

Revenue · FY 2025
₹4.98 Cr ▲ 123%
Net profit · FY 2025
₹56.26 Lakh margin 11.3%
EBITDA · FY 2025
₹1.01 Cr margin 20.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 123%
3 years · compounded
▲ 80%
5 years · compounded
▲ 49%
EBITDA CAGR growth
1 year
▲ 88%
3 years · compounded
▲ 127%
5 years · compounded
▲ 139%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin20.2%
Net Profit Margin11.3%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashvin Kumar Babubhai PatelDirector15 Nov 20196 Years 11 MonthsCurrent
Hiralben Ashvinbhai PatelDirector15 Nov 20196 Years 11 MonthsCurrent
Kishor Jerambhai ZadafiyaDirector15 Nov 20196 Years 11 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh11.3%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 firmFinancial yearFirm registration number
AMIT K BHATT & COFY 2024049340

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 categoryFY 2024FY 2023FY 2022FY 2021FY 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

Open charges
₹9.2 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Aug 2026101390268Canara Bank₹9.2 LakhOpen

Total charge records: 1 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAJCM6678G1Z3GujaratActive25 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.

Charges
A charge with Canara Bank amounted to Rs. 9.20 Lakh with Charge ID 101390268 was registered on 06 Aug 2026.
AGM
Milople Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Milople Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Prashant Rajendrakumar Mamtora ceased to be Director.
Ceased
Riddhi Prashant Mamtora ceased to be Director.
Appointed
Ashvin Kumar Babubhai Patel was appointed as Director.
Appointed
Hiralben Ashvinbhai Patel was appointed as Director.
Appointed
Kishor Jerambhai Zadafiya was appointed as Director.
Incorporation
12 Mar 2015
Milople Technologies Private Limited was registered on 12 Mar 2015 with Roc Ahmedabad & aged 11 years 7 months as per MCA records.

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:

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.