MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0071548
Nasher Miles Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹167.79 Cr
▲ 16% YoY
Net loss · FY 2024
₹6.26 Cr
Net margin -3.7%
EBITDA · FY 2024
-₹1.28 Cr
EBITDA margin -0.8%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.07 Cr
Issued & subscribed
Open charges
₹24 Cr
Satisfied ₹15.84 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
45
Provident fund records
About Nasher Miles Private Limited
Data last updated:
Nasher Miles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 15 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1990PTC055458. Its GSTIN is 27AABCS1385E1ZH (Maharashtra). The company holds 18 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.07 Cr. It was formerly known as Shree Girinag Traders Private Limited. It is led by directors including Abhishek Maniklal Daga and Lokesh Daga.
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 1601 16 Flr Panchratna Bldg Mama Parma Nand Marg Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹167.79 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹6.26 Cr (net margin -3.7%) and EBITDA of -₹1.28 Cr (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 26% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nasher Miles. As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹15.84 Cr on record. The company has 32 deals on record (25 secondary share transfers, 7 funding rounds), with disclosed funding of ₹45.13 Cr; the latest was in June 2024.
Nasher Miles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0071548). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nashermiles.com.
Company details
CIN U51900MH1990PTC055458
Registration Number 055458
Incorporation Date 15 February 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0071548
Recognitions & Rankings of Nasher Miles
Contact details
Nasher Miles Private Limited's registered office is in Mumbai, Maharashtra. Its website is nashermiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1601 16 Flr Panchratna Bldg Mama Parma Nand Marg Opera House, Mumbai, Maharashtra, India – 400004
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Nasher Miles Private Limited, buy the company report.
Comprehensive company report
Nasher Miles 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
Nasher Miles operates one associated brand: Nasher Miles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Travel luggage and accessories are designed and retailed online. | nashermiles.com |
Business activity
The main business activity of Nasher Miles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Nasher Miles Private Limited, buy the company report.
Financials of Nasher Miles Private Limited
FY 2025 filings availableNasher Miles Private Limited reported revenue of ₹167.79 Cr (up 16% YoY) for FY 2024.
Revenue · FY 2024
₹167.79 Cr ▲ 16%
Net loss · FY 2024
₹6.26 Cr margin -3.7%
EBITDA · FY 2024
-₹1.28 Cr margin -0.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 31%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 112%
3 years · compounded
▼ 35%
5 years · compounded
▼ 21%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 16% growth in the latest year. EBITDA fell 112% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.26 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nasher Miles Private Limited, buy the company report.
Board of directors of Nasher Miles Private Limited
Nasher Miles has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Maniklal Daga | Director | 01 Jun 2017 | 9 Years 4 Months | Current |
| Lokesh Daga Also directs: Nasher Miles Ventures LLP | Director | 01 Jun 2017 | 9 Years 4 Months | Current |
| Shruti Kedia Daga | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Nasher Miles Private Limited is audited by J.A Nagwekar and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.A Nagwekar and Co. | FY 2023 | 127714W |
Shareholding
The shareholding of Nasher Miles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nasher Miles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24 Cr
Satisfied charges
₹15.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2021 | 100483865 | The Hongkong and Shanghai Banking Corporation Limited | ₹24 Cr | Open | |
| 21 Aug 2023 | 100772419 | Others | ₹4 Cr | Satisfied | |
| 20 Sep 2022 | 100607993 | Standard Chartered Bank | ₹5 Cr | Satisfied | |
| 20 Dec 2021 | 100523511 | Others | ₹42 Lakh | Satisfied | |
| 22 Apr 2021 | 100453452 | Citi Bank N.A. | ₹42 Lakh | Satisfied |
To see the full charge records of Nasher Miles Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Nasher Miles Private Limited has 32 deals on record (25 secondary share transfers, 7 funding rounds), with disclosed funding of ₹45.13 Cr; the latest was in June 2024.
Total deals
32
Secondary share transfers
25
Funding rounds
7
Disclosed funding
₹45.13 Cr
Deals on record (5 of 32)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Funding round · Bridge | ₹35.28 Cr | Investors: Trishakti Power Holdings Private Limited , PAN Ventures, Orbit Lifescience Private Limited , an individual |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Nasher Miles Ventures LLP |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: Nasher Miles Ventures LLP , 3 individuals Seller: Cartigo Private Limited , Pannalal Manicklal Trading Company Private Limited , C Kumar Enterprises |
| Mar 2018 | Funding round | ₹1.92 Cr | Investors: Shree Girinag Properties Private Limited , 3 individuals |
| Jun 2016 | Funding round | ₹99.9 Lakh | Investors: Mfour Advisory Private Limited , Nirmal Kumar Daga Huf, 2 individuals |
To see the full deal history of Nasher Miles Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nasher Miles 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 Nasher Miles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nasher Miles Private Limited has a workforce of 45 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
25%
GST
Nasher Miles has 18 GST registrations: 7 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
18
Active
7
Cancelled / inactive
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS1385E1ZH | Maharashtra | Active | 01 Jul 2017 |
| 27AABCS1385E2ZG | Maharashtra | Active | 21 Sep 2020 |
| 36AABCS1385E1ZI | Telangana | Active | 01 Jul 2017 |
| 29AABCS1385E1ZD | Karnataka | Active | 23 Aug 2017 |
To see the full GST registrations and return filing status of Nasher Miles Private Limited, buy the company report.
Recent activity
Nasher Miles Private Limited has 9 board changes on record since 1990: 6 appointments and 3 cessations. The latest: Shruti Kedia Daga was appointed as Director on 14 Jun 2024.
AGM
Nasher Miles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nasher Miles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 24.00 Cr registered on 27 Aug 2021 with Charge ID 100483865 was modified on 23 Dec 2024.
Charges
A charge registered on 20 Dec 2021 via Charge ID 100523511 with Others was fully satisfied on 05 Jul 2024.
Appointed
Shruti Kedia Daga was appointed as Director.
Charges
A charge registered on 21 Aug 2023 via Charge ID 100772419 with Others was fully satisfied on 21 Mar 2024.
Charges
A charge registered on 20 Sep 2022 via Charge ID 100607993 with Standard Chartered Bank was fully satisfied on 20 Feb 2024.
Ceased
Shailesh Dhrub Kedia ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100772419 was registered on 21 Aug 2023.
Charges
A charge with Standard Chartered Bank amounted to Rs. 5.00 Cr with Charge ID 100607993 was registered on 20 Sep 2022.
Charges
A charge registered on 22 Apr 2021 via Charge ID 100453452 with Citi Bank N.A. was fully satisfied on 15 Feb 2022.
Charges
A charge registered on 28 Feb 2020 via Charge ID 100332941 with Citi Bank N.A. was fully satisfied on 15 Feb 2022.
12 earlier events are in the company report.
News
Frequently asked questions
Nasher Miles is an active private limited company based in Mumbai, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 15 February 1990 (36+ years old) and is registered under CIN U51900MH1990PTC055458.
Nasher Miles has 3 current directors:
- Abhishek Maniklal Daga - Director
- Lokesh Daga - Director
- Shruti Kedia Daga - Director
The latest financial statements of Nasher Miles 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 Nasher Miles is 27AABCS1385E1ZH, registered in Maharashtra. The company has 18 GST registrations in all, of which 7 are active and 11 are cancelled or inactive. Other active GSTINs include 27AABCS1385E2ZG (Maharashtra), 36AABCS1385E1ZI (Telangana), 29AABCS1385E1ZD (Karnataka).
The CIN (Corporate Identification Number) of Nasher Miles is U51900MH1990PTC055458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nasher Miles was incorporated on 15 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Nasher Miles has 32 deals on record (25 secondary share transfers, 7 funding rounds), with disclosed funding of ₹45.13 Cr; the latest was in June 2024.
Shruti Kedia Daga was appointed as Director on 14 Jun 2024. Shailesh Dhrub Kedia ceased to be Additional Director on 30 Jan 2024. Shailesh Dhrub Kedia was appointed as Additional Director on 27 Dec 2021. Nasher Miles has 9 board changes on record in total.
Yes, Nasher Miles is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0071548).
Nasher Miles can be reached through the website nashermiles.com. Its registered office is in Mumbai, Maharashtra, India.
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