Milan Laboratories (India) Private Limited

Pharmaceutical company manufacturing and exporting various formulations to 43 countries.

2003 | Thane, Maharashtra (India) | Active
Last Updated: May 15, 2024

Milan Laboratories (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.98 Cr
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 96.99 Cr
  • Satisfied Charges ₹ 43.15 Cr
  • Revenue Growth 6.80%
  • Profit Growth 5.14%
  • Ebitda 17.16%
  • Net Worth 22.41%
  • Total Assets 25.96%

About Milan Laboratories (India)

Milan Laboratories (India) Private Limited (MLIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 2003 and has a history of 21 years and ten months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Pharma 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 2.00 Cr and a paid-up capital of Rs 1.98 Cr.

The company currently has active open charges totaling ₹96.99 Cr. The company has closed loans amounting to ₹43.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohini Dongre and Upendra Despande serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    milanlabs.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24230MH2003PTC139736

  • Company No.

    139736

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

Who are the key members and board of directors at Milan Laboratories (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Rohini Dongre Country flag representing In Director 26-Mar-2003Current
Upendra Despande Country flag representing In Director 26-Mar-2003Current

Financial Performance of Milan Laboratories (India).

Milan Laboratories (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.8% increase. The company also saw a slight improvement in profitability, with a 5.14% increase in profit. The company's net worth Soared by an impressive increase of 22.41%.

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
6.80%
Revenue from Operations
6.71%
Total Assets
25.96%
Profit or Loss
5.14%
Net Worth
22.41%
EBITDA
17.16%

What is the Ownership and Shareholding Structure of Milan Laboratories (India)?

In 2023, Milan Laboratories (India) 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

₹96.99 Cr

Satisfied Charges

₹43.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 47.45 Cr
  • Standard Chartered Bank : 36.75 Cr
  • Dbs Bank Ltd : 11.65 Cr
  • Tata Capital Limited : 0.60 Cr
  • Tata Capital Financial Services Limited : 0.54 Cr

Latest Charge Details

DateLenderAmountStatus
11 Apr 2022Others₹20.00 CrOpen
25 Jan 2022Others₹5.25 CrOpen
08 Sep 2021Standard Chartered Bank₹30.75 CrOpen
02 Jan 2021Standard Chartered Bank₹1.00 CrOpen
02 Jan 2021Standard Chartered Bank₹5.00 CrOpen

How Many Employees Work at Milan Laboratories (India)?

Milan Laboratories (India) has a workforce of 576 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milan Laboratories (India), 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 Laboratories (India)'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 Laboratories (India)

Recent activity within the organization

  • Annual General Meeting

    Milan Laboratories (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 5.25 Cr registered on 25 Jan 2022 with Charge ID 100542691 was modified on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge registered on 09 May 2015 via Charge ID 10612230 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Jul 2023.

    07 Jul 2023

  • Charges

    A charge registered on 18 Sep 2012 via Charge ID 10377156 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Jul 2023.

    07 Jul 2023

  • Charges

    A charge with Others of Rs. 12.20 Cr registered on 18 Sep 2019 with Charge ID 100292828 was modified on 08 Jun 2023.

    08 Jun 2023

  • Balance Sheet

    Milan Laboratories (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Milan Laboratories (India) Private Limited was incorporated on 26 Mar 2003.

  • The authorized share capital of Milan Laboratories (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.98 Cr.

  • Currently 2 directors are associated with Milan Laboratories (India) Private Limited.

    • Rohini Rajeev Dongre
    • Upendra Madan Despande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Milan Laboratories (India) Private Limited is 303/304 3Rd Floor Odyssey It Park, Wagle Estate Midc Thane(W), Maharashtra, India, 400604.

  • The corporate identification number (CIN) of Milan Laboratories (India) Private Limited is U24230MH2003PTC139736 and the company number is 139736 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Milan Laboratories (India) Private Limited is https://www.milanlabs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Milan Laboratories (India) Private Limited has risen by 6.80%.

  • As Per 2023 financial reports, 576 employees are currently employed by Milan Laboratories (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Milan Laboratories (India) Private Limited has experienced an upsurge of 22.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Milan Laboratories (India) Private Limited amount to ₹ 96.99 Cr.

  • The most recent Balance Sheet for Milan Laboratories (India) Private Limited was filed with the ROC on 31 Mar 2023.