Milam Sales Enterprises Private Limited

Sells gas stoves, kitchen appliances, and utensils for cooking.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Milam Sales Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 6.16 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.50 Cr
  • Satisfied Charges ₹ 16.60 Cr
  • Revenue Growth 82.30%
  • Profit Growth 132.02%
  • Ebitda 23.75%
  • Net Worth 29.10%
  • Total Assets 23.98%

About Milam Sales Enterprises

Milam Sales Enterprises Private Limited (MSEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 1994 and has a history of 30 years and three months. Its registered office is in Chennai, Tamil Nadu.

The Corporate was formerly known as Myca Sales Private Limited. The Company is engaged in the Trading 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 2.50 Cr and a paid-up capital of Rs 6.16 M.

The company currently has active open charges totaling ₹21.50 Cr. The company has closed loans amounting to ₹16.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narendra Srisrimal, Aayush Srisrimal, Asmitha Srisrimal, and One other member serve as directors at the Company.

Company Details

  • Location Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52599TN1994PTC029302

  • Company No.

    029302

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Trading

What products or services does Milam Sales Enterprises Private Limited offer?

Milam Sales Enterprises Private Limited offers a wide range of products and services, including Wood, Plywood, Veneer & Laminates, Laminate Sheets.

Company report

Milam Sales Enterprises Private Limited

Explore comprehensive data for Milam Sales Enterprises Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Milam Sales Enterprises?

Board Members (4)

NameDesignationAppointment DateStatus
Asmitha Srisrimal Country flag representing In Director 08-Sep-2016Current
Narendra Srisrimal Country flag representing In Director 04-Jun-2018Current
Aayush Srisrimal Country flag representing In Director 10-Jul-2019Current
Esha Srisrimal Country flag representing In Director 01-Dec-2022Current

Financial Performance of Milam Sales Enterprises.

Milam Sales Enterprises Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.3% increase. The company also saw a substantial improvement in profitability, with a 132.02% increase in profit. The company's net worth Soared by an impressive increase of 29.1%.

Milam Sales Enterprises revenue growth over time
Milam Sales Enterprises 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
82.30%
Revenue from Operations
82.14%
Total Assets
23.98%
Profit or Loss
132.02%
Net Worth
29.10%
EBITDA
23.75%

What is the Ownership and Shareholding Structure of Milam Sales Enterprises?

Unlock access to Milam Sales Enterprises's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.50 Cr

Satisfied Charges

₹16.60 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 21.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2021The Hongkong And Shanghai Banking Corporation Limited₹21.50 CrOpen
01 Oct 2019Citi Bank N.A.₹4.00 CrSatisfied
01 Oct 2019Citi Bank N.A.₹10.50 CrSatisfied
22 Jul 2019Citi Bank N.A.₹2.00 CrSatisfied
28 Jan 1999Canara Bank₹1.00 MSatisfied

How Many Employees Work at Milam Sales Enterprises?

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

Employee growth trends for Milam Sales Enterprises Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milam Sales Enterprises, 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 Milam Sales Enterprises'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 Milam Sales Enterprises

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 21.50 Cr registered on 09 Aug 2021 with Charge ID 100474142 was modified on 16 Aug 2023.

  • Balance Sheet

    Milam Sales Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Esha Srisrimal was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 2 years 3 months .

  • Charges

    A charge registered on 01 Oct 2019 via Charge ID 100297173 with Citi Bank N.A. was fully satisfied on 23 Nov 2021.

  • Charges

    A charge registered on 01 Oct 2019 via Charge ID 100297174 with Citi Bank N.A. was fully satisfied on 23 Nov 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Milam Sales Enterprises Private Limited?

    Milam Sales Enterprises Private Limited was incorporated on 22 Nov 1994.

  • What is authorized share capital and paid-up capital of Milam Sales Enterprises Private Limited?

    The authorized share capital of Milam Sales Enterprises Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 6.16 M.

  • Who are the current board members & directors of Milam Sales Enterprises Private Limited?

    Currently 4 directors are associated with Milam Sales Enterprises Private Limited.

    • Narendra Kumar Srisrimal
    • Aayush Srisrimal
    • Asmitha Srisrimal
    • Esha Srisrimal

  • What is the registered address of Milam Sales Enterprises Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milam Sales Enterprises Private Limited is No.18 Old Slaughters House Road, Choolai India, Chennai, Tamil Nadu, 600112.

  • What is the corporate identification number (CIN) and company number of Milam Sales Enterprises Private Limited?

    The corporate identification number (CIN) of Milam Sales Enterprises Private Limited is U52599TN1994PTC029302 and the company number is 029302 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Milam Sales Enterprises Private Limited?

    The Official website of Milam Sales Enterprises Private Limited is https://www.medisalesindia.com

  • What has been the recent revenue trend for Milam Sales Enterprises Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Milam Sales Enterprises Private Limited has risen by 82.30%.

  • What change has been observed in the net worth of Milam Sales Enterprises Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Milam Sales Enterprises Private Limited has experienced an upsurge of 29.10%.

  • What are the total open charges for Milam Sales Enterprises Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Milam Sales Enterprises Private Limited amount to ₹ 21.50 Cr.

  • When was the last Balance Sheet of Milam Sales Enterprises Private Limited filed with the ROC?

    The most recent Balance Sheet for Milam Sales Enterprises Private Limited was filed with the ROC on 31 Mar 2023.

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