Milan Business Associates Private Limited

Leases properties and invests, incorporated in 1983, based in Bangalore.

1983 | Bangalore, Karnataka (India) | Active
Last Updated:

Milan Business Associates Profile

Key Indicators

  • Authorised Capital ₹ 4.95 Cr
  • Paid Up Capital ₹ 3.79 Cr
  • Company Age 41 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 10.42%
  • Profit Growth -12.54%
  • Ebitda -63.11%
  • Net Worth 2.56%
  • Total Assets -13.09%

About Milan Business Associates

Milan Business Associates Private Limited (MBAPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 September 1983 and has a history of 41 years and seven months. Its registered office is in Bangalore, Karnataka.

The Company is engaged in the Financial Services 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 4.95 Cr and a paid-up capital of Rs 3.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Varsha Shah and Seema Joshi serve as directors at the Company.

Company Details

  • Location Bangalore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120KA1983PTC011241

  • Company No.

    011241

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Sep 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Milan Business Associates Private Limited

Explore comprehensive data for Milan Business Associates Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Milan Business Associates?

Board Members (2)

NameDesignationAppointment DateStatus
Seema Joshi Country flag representing In Director 24-Feb-2023Current
Varsha Shah Country flag representing In Whole-Time Director 01-Mar-2012Current

Financial Performance of Milan Business Associates.

Milan Business Associates Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.42% increase. The company also saw a substantial fall in profitability, with a 12.54% decrease in profit. The company's net worth moved up by a moderate rise of 2.56%.

Milan Business Associates revenue growth over time
Milan Business Associates 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
10.42%
Revenue from Operations
9.77%
Total Assets
-13.09%
Profit or Loss
-12.54%
Net Worth
2.56%
EBITDA
-63.11%

What is the Ownership and Shareholding Structure of Milan Business Associates?

In 2021, Milan Business Associates had a public holding of 100.01%. The company had 1 Associate company. 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 Milan Business Associates?

Milan Business Associates has a workforce of 3 employees as of Apr 03, 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.

Employee growth trends for Milan Business Associates Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milan Business Associates, 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 Milan Business Associates'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 Milan Business Associates

Recent activity within the organization

  • Annual General Meeting

    Milan Business Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Milan Business Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Seema Shripad Joshi was appointed as a Director was appointed as a Director on 24 Feb 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Varsha Ashwin Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Mar 2012 & has been associated with this company since 13 years 1 month .

  • Company Incorporation

    Milan Business Associates Private Limited was registered on 08 Sep 1983 with Roc Bangalore & aged 41 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Milan Business Associates Private Limited?

    Milan Business Associates Private Limited was incorporated on 08 Sep 1983.

  • What is authorized share capital and paid-up capital of Milan Business Associates Private Limited?

    The authorized share capital of Milan Business Associates Private Limited is ₹ 4.95 Cr and paid-up capital is ₹ 3.79 Cr.

  • Who are the current board members & directors of Milan Business Associates Private Limited?

    Currently 2 directors are associated with Milan Business Associates Private Limited.

    • Varsha Ashwin Shah
    • Seema Shripad Joshi

  • What is the registered address of Milan Business Associates Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milan Business Associates Private Limited is 39, Cunningham Road Cross India, Bangalore, Karnataka, 560052.

  • What is the corporate identification number (CIN) and company number of Milan Business Associates Private Limited?

    The corporate identification number (CIN) of Milan Business Associates Private Limited is U67120KA1983PTC011241 and the company number is 011241 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Milan Business Associates Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Milan Business Associates Private Limited has risen by 10.42%.

  • How many employees does Milan Business Associates Private Limited currently have?

    As Per 2022 financial reports, 3 employees are currently employed by Milan Business Associates Private Limited.

  • What change has been observed in the net worth of Milan Business Associates Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Milan Business Associates Private Limited has experienced an upsurge of 2.56%.

  • When was the last Balance Sheet of Milan Business Associates Private Limited filed with the ROC?

    The most recent Balance Sheet for Milan Business Associates Private Limited was filed with the ROC on 31 Mar 2024.

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