Milores Global Systems Private Limited

Milores Global Systems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2005PTC036078 Incorporated 15 April 2005 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹1.58 Cr
▲ 171% YoY
Net profit · FY 2024
₹31.58 Lakh
Net margin 20%
EBITDA · FY 2024
₹43.77 Lakh
EBITDA margin 27.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Milores Global Systems Private Limited

Data last updated:

Milores Global Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 15 April 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC036078. Its GSTIN is 32AAFCA2246Q1ZL (Kerala).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Synnove Global Systems Private Limited. It is led by directors Sreenivas So Sreedharakurup (Whole-Time Director) and Sijo Varghese.

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 84 11th Main 34th 'B' Cross Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.58 Lakh (net margin 20%) and EBITDA of ₹43.77 Lakh (EBITDA margin 27.7%). Revenue has grown at a compounded annual rate (CAGR) of 35% over five years.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astrums.com.sg.

Company details

CIN U72200KA2005PTC036078
Registration Number 036078
Incorporation Date 15 April 2005
ROC Bangalore
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

Milores Global Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is astrums.com.sg. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    84 11th Main 34th 'B' Cross Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041
  • Industry
    Information Technology, Consultancy, Computer Programming

To see the full contact details of Milores Global Systems Private Limited, buy the company report.

Comprehensive company report
Milores Global Systems 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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Business activity

The main business activity of Milores Global Systems is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Milores Global Systems Private Limited, buy the company report.

Financials of Milores Global Systems Private Limited

FY 2025 filings available

Milores Global Systems Private Limited reported revenue of ₹1.58 Cr (up 171% YoY) for FY 2024.

Revenue · FY 2024
₹1.58 Cr ▲ 171%
Net profit · FY 2024
₹31.58 Lakh margin 20%
EBITDA · FY 2024
₹43.77 Lakh margin 27.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 171%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 958%
3 years · compounded
▲ 244%
5 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 171% growth in the latest year. EBITDA rose 958% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹43.77 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹31.58 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin27.7%
Net Profit Margin20%
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 Milores Global Systems Private Limited, buy the company report.

Board of directors of Milores Global Systems Private Limited

Milores Global Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sijo VargheseDirector25 Aug 20224 Years 2 MonthsCurrent
Sreenivas So SreedharakurupWhole-Time Director25 Aug 201016 Years 2 MonthsCurrent

Auditor

Milores Global Systems Private Limited is audited by G Joseph & Associates for the financial year 2017.

Auditor firmFinancial yearFirm registration number
G Joseph & AssociatesFY 2017006310S

Shareholding

The shareholding of Milores Global Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Milores Global Systems Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Milores Global Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Milores Global Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAFCA2246Q1ZLKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Milores Global Systems Private Limited, buy the company report.

Recent activity

Milores Global Systems Private Limited has 12 board changes on record since 2005: 7 appointments and 5 cessations. The latest: Raveendran Gireeshkumar ceased to be Director on 25 Aug 2022.

AGM
Milores Global Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Milores Global Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Raveendran Gireeshkumar ceased to be Director.
Appointed
Sijo Varghese was appointed as Director.
Ceased
Vinodkumar Kunhikrishnan Othayoth ceased to be Director.
Appointed
Raveendran Gireeshkumar was appointed as Director.
Ceased
Santhi Ramachandram ceased to be Director.
Ceased
Sourabh Arayamparambil Radhakrishnan ceased to be Whole-Time Director.
Ceased
Sreerangan Kurup ceased to be Director.
Appointed
Vinodkumar Kunhikrishnan Othayoth was appointed as Director.
Appointed
Sourabh Arayamparambil Radhakrishnan was appointed as Whole-Time Director.
Appointed
Sreenivas So Sreedharakurup was appointed as Whole-Time Director.

3 earlier events are in the company report.

Frequently asked questions

Milores Global Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in consultancy, within the information technology industry. It was incorporated on 15 April 2005 (21+ years old) and is registered under CIN U72200KA2005PTC036078.

Milores Global Systems has 2 current directors:

The latest financial statements of Milores Global Systems 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 Milores Global Systems is 32AAFCA2246Q1ZL, registered in Kerala.

The CIN (Corporate Identification Number) of Milores Global Systems is U72200KA2005PTC036078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Milores Global Systems was incorporated on 15 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.

Raveendran Gireeshkumar ceased to be Director on 25 Aug 2022. Sijo Varghese was appointed as Director on 25 Aug 2022. Vinodkumar Kunhikrishnan Othayoth ceased to be Director on 23 Aug 2022. Milores Global Systems has 12 board changes on record in total.

Milores Global Systems can be reached through the website astrums.com.sg. Its registered office is in Bangalore, Karnataka, India.

The registered office of Milores Global Systems is at 84 11th Main 34th B Cross Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041.

Milores Global Systems operates in the information technology industry, in the consultancy segment.