Company Intelligence Profile
Nasher Miles Private Limited
Nasher Miles is a D2C travel luggage and accessories brand (hardside/softside trolleys, laptop backpacks, casual backpacks, business bags) sold primarily online, operated under the Daga Group.
Last updated 20 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Nasher Miles Private Limited |
|---|---|
| CIN | U51900MH1990PTC055458 |
| PAN | Not available in the public sources reviewed. |
| Status | Active (Compliant) |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 15 February 1990 |
| ROC | RoC-Mumbai |
| Sector (NIC) | Home & Lifestyle / Luggage & travel accessories manufacturing; NIC activity code C2 - Textile, leather and other apparel products |
| Registered address | 1601, 16th Floor, Panchratna Bldg, Mama Parmanand Marg, Opera House, Mumbai City, Mumbai, Maharashtra, India - 400004 |
| Authorized capital | ₹1.75-1.8 Crore |
| Paid-up capital | ₹1.07-1.1 Crore |
Business Overview
Partial / conflicting- Nasher Miles is a D2C travel luggage and accessories brand (hardside/softside trolleys, laptop backpacks, casual backpacks, business bags) sold primarily online, operated under the Daga Group
- Company incorporated in 1990 but the modern e-commerce brand appears to have been built out from ~2016-2017
- Reported ~45 employees as of April 2024
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Lokesh Daga | 07825963 | - | - |
| Abhishek Maniklal Daga | 01579845 | - | - |
| Shruti Kedia Daga | - | Director since 14 Jun 2024 ~2 yrs tenure; DIN reported by Tofler as 10668165 single-source, not cross-verified. Sources: Tofler DINs, TheCompanyCheck appointment dates, corroborates director names. | - |
Financials
Partial / conflicting- FY2024: Revenue ₹167.79 Crore (up ~16% YoY)
- EBITDA and Net Profit (PAT) were behind premium/locked access - not obtained
- Net worth and total borrowings not obtained as standalone figures (see charges below for secured borrowing amount)
Charges & Borrowings
Partial / conflicting- Open charges totaling ₹24 Crore, with The Hongkong and Shanghai Banking Corporation Limited (HSBC) as primary lender (₹24 Cr)
- Satisfied/closed charges totaling ₹15.84 Crore (lender(s) for satisfied charges not specified in source)
Competitors
Partial / conflicting- Named India-focused luggage/travel-accessories D2C and legacy brands operating at broadly comparable or larger scale: VIP Industries (listed, market leader, much larger scale), Safari Industries (listed, large scale), Samsonite India (large, MNC-backed), American Tourister (Samsonite group brand), Skybags (VIP Industries brand), Mokobara (D2C, comparable/smaller-to-similar scale), Uppercase (D2C, smaller scale)
- Scale tags are approximate/directional, not sourced from a single comparative report
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