Mill Gears Private Limited

Provides custom gear solutions and trades in planetary and bevel gear boxes.

2018 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Mill Gears Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.48 M
  • Revenue Growth 60.19%
  • Profit Growth 433.22%
  • Ebitda 479.25%
  • Net Worth 757.03%
  • Total Assets 55.93%

About Mill Gears

Mill Gears Private Limited (MGPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 November 2018 (Six years and three months 1 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.48 M.

Apurva Kusumgar and Sejal Kusumgar serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    millgears.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130GJ2018PTC105257

  • Company No.

    105257

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Mill Gears?

Board Members (2)

NameDesignationAppointment DateStatus
Apurva Kusumgar Country flag representing In Director 21-Nov-2018Current
Sejal Kusumgar Country flag representing In Director 21-Nov-2018Current

Financial Performance of Mill Gears.

Mill Gears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.19% increase. The company also saw a substantial improvement in profitability, with a 433.22% increase in profit. The company's net worth Soared by an impressive increase of 757.03%.

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
60.19%
Revenue from Operations
60.33%
Total Assets
55.93%
Profit or Loss
433.22%
Net Worth
757.03%
EBITDA
479.25%

What is the Ownership and Shareholding Structure of Mill Gears?

In 2023, Mill Gears 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)

Open Charges

₹1.48 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
18 Nov 2023Others₹0.74 MOpen
18 Nov 2023Others₹0.74 MOpen

How Many Employees Work at Mill Gears?

Unlock and access historical data on people associated with Mill Gears, 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 Mill Gears, 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 Mill Gears'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 Mill Gears

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.74 M with Charge ID 100844374 was registered on 18 Nov 2023.

    18 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 0.74 M with Charge ID 100844378 was registered on 18 Nov 2023.

    18 Nov 2023

  • Annual General Meeting

    Mill Gears Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mill Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Apurva Maheshbhai Kusumgar was appointed as a Director was appointed as a Director on 21 Nov 2018 & has been associated with this company since 6 years 3 months .

    21 Nov 2018

  • Director Appointment

    Sejal Apurva Kusumgar was appointed as a Director was appointed as a Director on 21 Nov 2018 & has been associated with this company since 6 years 3 months .

    21 Nov 2018

Frequently asked questions

  • Mill Gears Private Limited was incorporated on 21 Nov 2018.

  • The authorized share capital of Mill Gears Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Mill Gears Private Limited.

    • Apurva Maheshbhai Kusumgar
    • Sejal Apurva Kusumgar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mill Gears Private Limited is 305-Shreeji Chambers Chanrda Colony Corner Behind Sapphire Building, C.G.Road India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Mill Gears Private Limited is U29130GJ2018PTC105257 and the company number is 105257 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mill Gears Private Limited is https://www.millgears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mill Gears Private Limited has risen by 60.19%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mill Gears Private Limited has experienced an upsurge of 757.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mill Gears Private Limited amount to ₹ 1.48 M.

  • The most recent Balance Sheet for Mill Gears Private Limited was filed with the ROC on 31 Mar 2023.