Millap Cycles Profile
Key Indicators
- Authorised Capital ₹ 1.70 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 13 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.94 Cr
- Revenue Growth 12.63%
- Profit Growth 156.50%
- Ebitda 4.54%
- Net Worth 543.43%
- Total Assets 5.86%
About Millap Cycles
Millap Cycles Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 2011 and has a history of 13 years and one month. Its registered office is in Malda, West Bengal, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.70 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹5.94 Cr.
Anil Agarwal, Narayan Agarwal, Nitesh Agarwal, and One other member serve as directors at the Company.
Company Details
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Location
Malda, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U35110WB2011PTC171029
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Company No.
171029
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Dec 2011
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Millap Cycles Private Limited offer?
Millap Cycles Private Limited offers a wide range of products and services, including Motorcycle Tyres, Bike Tyres.
Who are the key members and board of directors at Millap Cycles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumit Agarwal
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Director | 10-Oct-2012 | Current |
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Nitesh Agarwal
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Director | 10-Oct-2012 | Current |
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Anil Agarwal
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Director | 21-Dec-2011 | Current |
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Narayan Agarwal
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Director | 21-Dec-2011 | Current |
Financial Performance of Millap Cycles.
Millap Cycles Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 12.63% increase. The company also saw a substantial improvement in profitability, with a 156.5% increase in profit. The company's net worth Soared by an impressive increase of 543.43%.
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What is the Ownership and Shareholding Structure of Millap Cycles?
In 2020, Millap Cycles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Millap Bicycles Private LimitedAnil Agarwal and Narayan Agarwal are mutual person
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Quatro Bikes Private Limited
Narayan Agarwal is a mutual person
Charges (Loans)
₹5.94 Cr
₹0
Charges Breakdown by Lending Institutions
- Uco Bank : 5.94 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2018 | Uco Bank | ₹5.94 Cr | Open |
How Many Employees Work at Millap Cycles?
Millap Cycles has a workforce of 94 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Millap Cycles, 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 Millap Cycles's trajectory.
Rating
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
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.