MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-08-0049622
_PRIVATE_LIMITED.webp)
Milspeed (India) Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.97 Cr
▼ 1% YoY
Net loss · FY 2023
₹11.56 Lakh
Net margin -2.3%
EBITDA · FY 2023
-₹9.92 Lakh
EBITDA margin -2%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹79.38 Lakh
Issued & subscribed
Company age
26 yrs
Est. 2000
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Milspeed (India) Private Limited
Data last updated:
Milspeed (India) Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 06 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19111DL2000PTC108411. Its GSTIN is 07AACCM4029L1ZE (Delhi).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹79.38 Lakh. It is led by directors Arun Chugh (Whole-Time Director) and Vandana Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 104 Gupta Plaza Plot – 13 Site – 37 38 Kalkaji, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.97 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹11.56 Lakh (net margin -2.3%) and EBITDA of -₹9.92 Lakh (EBITDA margin -2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 63% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Milspeed (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0049622). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milspeed.com.
Company Details of Milspeed (India) Private Limited
CIN U19111DL2000PTC108411
Registration Number 108411
Incorporation Date 06 November 2000
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-08-0049622
Recognitions & Rankings of Milspeed (India)
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address104 Gupta Plaza Plot – 13 Site – 37 38 Kalkaji, New Delhi, Delhi, India – 110019
- IndustryConsumer Goods, Footwear Retail & Distribution
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Business Activity of Milspeed (India) Private Limited
The main business activity of Milspeed (India) is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Milspeed (India) Private Limited FY 2023 filings available
Milspeed (India) Private Limited reported revenue of ₹4.97 Cr (down 1% YoY) for FY 2023.
Revenue · FY 2023
₹4.97 Cr ▼ 1%
Net loss · FY 2023
₹11.56 Lakh margin -2.3%
EBITDA · FY 2023
-₹9.92 Lakh margin -2%
Compounded Annual Growth Rate (CAGR) of Milspeed (India) Private Limited
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 1%
5 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▼ 135%
3 years · compounded
▲ 45%
5 years · compounded
▲ 52%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 63%. EBITDA fell 135% 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 of Milspeed (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹9.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.56 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 of Milspeed (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Milspeed (India) are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Milspeed (India) Private Limited
Milspeed (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Chugh | Whole-Time Director | 06 Nov 2000 | 25 Years 11 Months | Current |
| Vandana Gandhi | Director | 25 Dec 2024 | 1 Years 9 Months | Current |
Peer Comparison of Milspeed (India) Private Limited
Milspeed (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Footwear Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sabitri Fabrics Private Limited | ₹5.11 Cr (FY 2025) | •••• | •••• | 133.0% | •••• | Sachin, Gujarat, India |
| Shwaan Business Solutions Private Limited | ₹5.03 Cr (FY 2025) | •••• | •••• | 2233.0% | •••• | Mumbai, Maharashtra, India |
| Ankur Marketing Limited | ₹5.02 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Atelier Apparels and Footwears Private Limited | ₹4.99 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Jammu and Kashmir, India |
| Modisons Enterprises (India) Private Limited | ₹4.98 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Milspeed (India) Private Limited this company | ₹4.97 Cr (FY 2023) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Skysailors India Private Limited | ₹4.97 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | New Delhi, Delhi, India |
| Just Lady Retail Private Limited | ₹4.96 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Threelance Lifestyle Private Limited | ₹4.96 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Cuttack, Odisha, India |
| Sapphire Safetech Private Limited | ₹4.95 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Kanpur, Uttar Pradesh, India |
| Shivas Lifestyle and Fashion Private Limited | ₹4.94 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Milspeed (India) by revenue in the Consumer Products industry (Footwear Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Milspeed (India) Private Limited
Milspeed (India) Private Limited is audited by MEHRA & SISTANI for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHRA & SISTANI | Locked | Locked | Locked |
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Ownership and Shareholding of Milspeed (India) Private Limited
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Charges & Borrowings of Milspeed (India) Private Limited
Milspeed (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Milspeed (India) Private Limited
Milspeed (India) Private Limited has 2 court cases on record: 2 filed by Milspeed (India). All cases are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against Lakhani Fashion (India) Private Limited | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against Lakhani India Limited | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Milspeed (India) Private Limited
Employment history and EPFO contributions of people linked to Milspeed (India).
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Milspeed (India) Private Limited
Milspeed (India) Private Limited has 7 board changes on record since 2000: 4 appointments and 3 cessations. The latest: Ian James Milhench ceased to be Director on 28 Dec 2024.
Ceased
Ian James Milhench ceased to be Director.
Appointed
Vandana Gandhi was appointed as Director.
AGM
Milspeed (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Milspeed (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Ceased
Stuart Galbraith Body Graham ceased to be Additional Director.
Appointed
Stuart Galbraith Body Graham was appointed as Director.
Ceased
David Robert Speed ceased to be Director.
Appointed
Arun Chugh was appointed as Whole-Time Director.
Appointed
Ian James Milhench was appointed as Director.
Incorporation
06 Nov 2000
Milspeed (India) Private Limited was registered on 06 Nov 2000 with Roc Delhi & aged 25 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Milspeed (India) Private Limited
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MSME Payment Delays by Milspeed (India) Private Limited
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Subsidiaries & Group Companies of Milspeed (India) Private Limited
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GST Compliance of Milspeed (India) Private Limited
Milspeed (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCM4029L1ZE | Delhi | Active | 01 Jul 2017 |
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MCA Filings & Documents of Milspeed (India) Private Limited
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Frequently Asked Questions about Milspeed (India) Private Limited
Milspeed (India) is an active private limited company based in New Delhi, Delhi, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 06 November 2000 (26+ years old) and is registered under CIN U19111DL2000PTC108411.
Milspeed (India) reported revenue of ₹4.97 Cr for FY 2023 (down 1% YoY).
Milspeed (India) has 2 current directors:
- Arun Chugh - Whole-Time Director
- Vandana Gandhi - Director
Milspeed (India) reported a net loss of ₹11.56 Lakh (net margin -2.3%) and EBITDA of -₹9.92 Lakh (EBITDA margin -2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milspeed (India) is -1% over three years and 63% over five years. In the latest year (FY 2023) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Milspeed (India) is 07AACCM4029L1ZE, registered in Delhi.
The CIN (Corporate Identification Number) of Milspeed (India) is U19111DL2000PTC108411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milspeed (India) has 2 court cases on record: 2 filed by the company.
Milspeed (India) was incorporated on 06 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Milspeed (India) by revenue are Sabitri Fabrics Private Limited, Shwaan Business Solutions Private Limited, Ankur Marketing Limited, Atelier Apparels and Footwears Private Limited, Modisons Enterprises (India) Private Limited and 5 more, all in the Consumer Products industry (Footwear Retail and Distribution).
Ian James Milhench ceased to be Director on 28 Dec 2024. Vandana Gandhi was appointed as Director on 25 Dec 2024. Stuart Galbraith Body Graham ceased to be Additional Director on 29 Sep 2018. Milspeed (India) has 7 board changes on record in total.