Millap Cycles Private Limited - Company overview

Millap Cycles Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U35110WB2011PTC17102…

2011-12-21 Malda, West Bengal Active Unlisted Active Compliant
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MC Millap Cycles Private Limited
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Key Metrics

AUTHORISED CAPITAL
1.70 cr
PAID-UP CAPITAL
1.50 cr
COMPANY AGE
14 Years 5 Months
since 2011-12-21
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
1
5.94 cr
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2025-05-25 17:24:27

Company Health Scores

Health scores for Millap Cycles Private Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score

Overall counterparty comfort for Millap Cycles Private Limited, blending its compliance record, financial strength, board stability and operating track record.

Active EPFO registration indicates payroll and employees on record.

Compliance Score

Statutory standing of Millap Cycles Private Limited with the Ministry of Corporate Affairs - company status, annual filings and regulatory flags.

The company is registered as Active with MCA and holds active GST registration.

Financial Health Score

Profitability, leverage and liquidity of Millap Cycles Private Limited computed from financial statements filed with the Registrar of Companies.

Filed financial statements are available for this company.

Director Risk Score

Board composition, DIN status and director churn for Millap Cycles Private Limited based on MCA director records.

Current board of directors is on record with MCA.

Vendor trust, compliance, financial health & director risk - with the reasons behind each score.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Millap Cycles Private Limited

Millap Cycles Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U35110WB2011PTC171029). Business overview includes Automotive (Bicycle Mfg & Retail), incorporated on December 21, 2011 (15+ years old), headquartered in Malda, West Bengal, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹20.44 Cr with a profit of ₹55.65 Lakh. It has 4 active directors. The company employs approximately 94 people.

Bicycle Mfg & Retail
  • Location Plot No. R-23 (P), Wbiidc, Narayanpur P.O. - Balia Nawabganj, Malda, West Bengal - 732128
  • Website milapindustries.com
CIN / LLPINU35110WB2011PTC171029
Company No.171029
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2011-12-21
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Kolkata
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Millap Cycles Private Limited

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (4)

N
Director | Since 2012-10-10
S
Director | Since 2012-10-10
A
Director | Since 2011-12-21
N
Director | Since 2011-12-21

Charges Overview

Uco Bank : 6.35 cr
Open Charges: 1 Satisfied Charges: 0
Open 5.94 cr
Satisfied 0
LenderAmountStatus
Uco Bank
Creation Date: 28 Aug 2018
6.35 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Manufacturing-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Millap Cycles Private Limited
What is CIN of Millap Cycles Private Limited?
The Corporate Identification Number (CIN) for Millap Cycles Private Limited is U35110WB2011PTC171029. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 171029 as per MCA.
When was Millap Cycles Private Limited incorporated?
Millap Cycles Private Limited was incorporated 14 years 5 months ago on 21 Dec 2011.
What is paid-up capital and authorised share capital of Millap Cycles Private Limited?
The paid-up capital of Millap Cycles Private Limited is ₹ 15,000,000.00 and authorised share capital is ₹ 17,000,000.00.
Who are the current board members and directors of Millap Cycles Private Limited?
Currently 4 directors are associated with Millap Cycles Private Limited: Nitesh Agarwal, Sumit Agarwal, Anil Agarwal, Narayan Agarwal.
  • Nitesh Agarwal
  • Sumit Agarwal
  • Anil Agarwal
  • Narayan Agarwal
What is the registered address of Millap Cycles Private Limited?
As per Ministry of Corporate Affairs (MCA), the registered address of Millap Cycles Private Limited is Plot No. R-23 (P), Wbiidc, Narayanpur P.O. - Balia Nawabganj, Malda, West Bengal, 732128, India.
What is the official website of Millap Cycles Private Limited?
The official website of Millap Cycles Private Limited is https://milapindustries.com.
What is the ROC code of Millap Cycles Private Limited?
Millap Cycles Private Limited ROC code is Roc Kolkata.
What is the company classification of Millap Cycles Private Limited?
Millap Cycles Private Limited is classified as Private Limited Indian Non-Government Company.
Millap Cycles Private Limited - is it listed or unlisted?
Millap Cycles Private Limited is a Unlisted company.
What is the current status of Millap Cycles Private Limited?
Millap Cycles Private Limited is currently Active and registered in Malda, West Bengal, India.
What industry or business activity is Millap Cycles Private Limited associated with?
Millap Cycles Private Limited lists activity aligned with: Automotive - Bicycle Mfg & Retail - Manufacturing. See the Overview and Competition sections for fuller industry context.
How many employees does Millap Cycles Private Limited have?
Available records indicate roughly 94 employees for Millap Cycles Private Limited. Confirm against filings and EPFO-related signals on the profile where shown.
Does Millap Cycles Private Limited have GST registrations on file?
Millap Cycles Private Limited shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Millap Cycles Private Limited?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Millap Cycles Private Limited.
How do I contact Millap Cycles Private Limited?
Use the official website at https://milapindustries.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Millap Cycles Private Limited?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Millap Cycles Private Limited?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Millap Cycles Private Limited (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 2.54 Cr. Verify figures on the Financial tab and supporting filings.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.