MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0171478
Urban Millets Private Limited - food and beverages in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.12 Cr
▲ 237% YoY
Net loss · FY 2024
₹36.61 Lakh
Net margin -11.7%
EBITDA · FY 2024
-₹21.7 Lakh
EBITDA margin -6.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.21 Cr
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
8 yrs
Est. 2018
Employees · EPFO
18
Provident fund records
About Urban Millets Private Limited
Data last updated:
Urban Millets Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the instant and ready-to-eat foods segment of the food and beverages sector. It was incorporated on 04 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15549KA2018PTC119123. Its GSTIN is 29AACCU3449C1ZD (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.21 Cr. It is led by directors Suresh Babu Pavan and Dali Hanumanthraj Megha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 279 1st N Main 1st Block 2nd Stage Nagarabhavi, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.12 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹36.61 Lakh (net margin -11.7%) and EBITDA of -₹21.7 Lakh (EBITDA margin -6.9%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tru Millets. As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
Urban Millets Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0171478). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trumillets.in.
Company details
CIN U15549KA2018PTC119123
Registration Number 119123
Incorporation Date 04 December 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0171478
Recognitions & Rankings of Urban Millets
Contact details
Urban Millets Private Limited's registered office is in Bangalore, Karnataka. Its website is trumillets.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address279 1st N Main 1st Block 2nd Stage Nagarabhavi, Bangalore, Karnataka, India – 560072
- IndustryFood and Beverages, Instant & Ready-to-Eat Foods
To see the full contact details of Urban Millets Private Limited, buy the company report.
Comprehensive company report
Urban Millets 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
Urban Millets operates one associated brand: Tru Millets. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online brand offering multi category organic millet based products | trumillets.in |
Business activity
The main business activity of Urban Millets is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Urban Millets Private Limited, buy the company report.
Financials of Urban Millets Private Limited
FY 2024 filings availableUrban Millets Private Limited reported revenue of ₹3.12 Cr (up 237% YoY) for FY 2024.
Revenue · FY 2024
₹3.12 Cr ▲ 237%
Net loss · FY 2024
₹36.61 Lakh margin -11.7%
EBITDA · FY 2024
-₹21.7 Lakh margin -6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 237%
3 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 38%
5 years · compounded
▼ 170%
Revenue has grown at a compounded annual rate (CAGR) of 38% over three years, including 237% growth in the latest year. EBITDA rose 42% 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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| Total Expenses | |||||
| EBITDA | -₹21.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹36.61 Lakh | ||||
| 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 | -6.9% | ||||
| Net Profit Margin | -11.7% | ||||
| 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 Urban Millets Private Limited, buy the company report.
Board of directors of Urban Millets Private Limited
Urban Millets has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Babu Pavan Also directs: Arkaa Cluster Private Limited | Director | 25 Dec 2023 | 2 Years 10 Months | Current |
| Dali Hanumanthraj Megha Also directs: Arkaa Cluster Private Limited | Director | 25 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Urban Millets Private Limited is audited by Manjunatha & Co., for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manjunatha & Co., | FY 2023 | 016860S |
Shareholding
The shareholding of Urban Millets 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 Urban Millets Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2020 | 100337073 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Urban Millets Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Urban Millets 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 Urban Millets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Urban Millets Private Limited has a workforce of 18 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-5.26%
GST
Urban Millets has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCU3449C1ZD | Karnataka | Active | 13 Jan 2019 |
To see the full GST registrations and return filing status of Urban Millets Private Limited, buy the company report.
Recent activity
Urban Millets Private Limited has 9 board changes on record since 2019: 2 appointments and 7 cessations. The latest: Mamatha Neethimangala Lingegowda ceased to be Director on 31 Dec 2024.
Ceased
Mamatha Neethimangala Lingegowda ceased to be Director.
AGM
Urban Millets Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Dali Hanumanthraj Megha ceased to be Additional Director.
Ceased
Suresh Babu Pavan ceased to be Additional Director.
Filing
Urban Millets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Dali Hanumanthraj Megha was appointed as Director.
Appointed
Suresh Babu Pavan was appointed as Director.
Ceased
Varagarahalli Srinivas Giri ceased to be Additional Director.
Charges
A charge registered on 05 Feb 2020 via Charge ID 100337073 with Hdfc Bank Limited was fully satisfied on 19 Nov 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100337073 was registered on 05 Feb 2020.
Ceased
Sathyanarayana Rao Venkatesh ceased to be Additional Director.
Ceased
Sujatha Raghunandan Rao ceased to be Additional Director.
2 earlier events are in the company report.
Frequently asked questions
Urban Millets is an active private limited company based in Bangalore, Karnataka, India. The company works in instant and ready-to-eat foods, within the food and beverages industry. It was incorporated on 04 December 2018 (8+ years old) and is registered under CIN U15549KA2018PTC119123.
Urban Millets has 2 current directors:
- Suresh Babu Pavan - Director
- Dali Hanumanthraj Megha - Director
The latest financial statements of Urban Millets on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Urban Millets is 29AACCU3449C1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Urban Millets is U15549KA2018PTC119123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Urban Millets was incorporated on 04 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Mamatha Neethimangala Lingegowda ceased to be Director on 31 Dec 2024. Dali Hanumanthraj Megha ceased to be Additional Director on 29 Sep 2024. Suresh Babu Pavan ceased to be Additional Director on 29 Sep 2024. Urban Millets has 9 board changes on record in total.
Yes, Urban Millets is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0171478).
Urban Millets can be reached through the website trumillets.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Urban Millets is at 279 1st N Main 1st Block 2nd Stage Nagarabhavi, Bangalore, Karnataka, India – 560072.
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