Miles Paints (India) Private Limited

Specializes in trading high-quality paints and varnishes made from polyesters.

2015 | Sidhi, Madhya Pradesh (India) | Active
Last Updated: January 10, 2025

Miles Paints (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 37.99%
  • Profit Growth 8.39%
  • Ebitda -7.43%
  • Net Worth -27.65%
  • Total Assets 23.59%

About Miles Paints (India)

Miles Paints (India) Private Limited (MPIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 22 April 2015 (Nine years and ten months 2 days old ). Its registered office is in Sidhi, Madhya Pradesh, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.15 M, as per Ministry of Corporate Affairs (MCA) records.

Mukesh Chandel and Rakesh Singh serve as directors at the Company.

Company Details

  • Location

    Sidhi, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    milespaints.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45400MP2015PTC034123

  • Company No.

    034123

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 2015

  • Date of AGM

    28 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Chemicals and Materials

What products or services does Miles Paints (India) Private Limited offer?

Miles Paints (India) Private Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Enamel Paints, Epoxy Paints and Coatings, Epoxy Paints, Epoxy Floor Paint, FRP Lining, PU & Powder Coatings, Waterproof Paint, Epoxy Floor Coatings, PU Paints and Coatings, PU Primer.

Who are the key members and board of directors at Miles Paints (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Mukesh Chandel Country flag representing In Director 22-Apr-2015Current
Rakesh Singh Country flag representing In Director 22-Apr-2015Current

Financial Performance of Miles Paints (India).

Miles Paints (India) Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 37.99% increase. The company also saw a slight improvement in profitability, with a 8.39% increase in profit. The company's net worth observed a substantial decline by a decrease of 27.65%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
37.99%
Revenue from Operations
37.91%
Total Assets
23.59%
Profit or Loss
8.39%
Net Worth
-27.65%
EBITDA
-7.43%

What is the Ownership and Shareholding Structure of Miles Paints (India)?

In 2019, Miles Paints (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Miles Paints (India)?

Unlock and access historical data on people associated with Miles Paints (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Miles Paints (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Miles Paints (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Miles Paints (India)

Recent activity within the organization

  • Annual General Meeting

    Miles Paints (India) Private Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.

    28 Sep 2019

  • Balance Sheet

    Miles Paints (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Gwalior.

    31 Mar 2019

  • Director Appointment

    Mukesh Kumar Singh Chandel was appointed as a Director was appointed as a Director on 22 Apr 2015 & has been associated with this company since 9 years 10 months .

    22 Apr 2015

  • Director Appointment

    Rakesh Kumar Singh was appointed as a Director was appointed as a Director on 22 Apr 2015 & has been associated with this company since 9 years 10 months .

    22 Apr 2015

  • Company Incorporation

    Miles Paints (India) Private Limited was registered on 22 Apr 2015 with Roc Gwalior & aged 9 years 10 months as per MCA records.

    22 Apr 2015

Frequently asked questions

  • Miles Paints (India) Private Limited was incorporated on 22 Apr 2015.

  • The authorized share capital of Miles Paints (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.15 M.

  • Currently 2 directors are associated with Miles Paints (India) Private Limited.

    • Mukesh Kumar Singh Chandel
    • Rakesh Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Miles Paints (India) Private Limited is B-141, Ncl Amlori Project India, Singrauli, Madhya Pradesh, 486887.

  • The corporate identification number (CIN) of Miles Paints (India) Private Limited is U45400MP2015PTC034123 and the company number is 034123 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Miles Paints (India) Private Limited is https://www.milespaints.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Miles Paints (India) Private Limited has risen by 37.99%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Miles Paints (India) Private Limited has experienced an downturn of -27.65%.

  • The most recent Balance Sheet for Miles Paints (India) Private Limited was filed with the ROC on 31 Mar 2019.

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