Milan Minerals Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.99 Cr
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.55 Cr
- Satisfied Charges ₹ 1.92 Cr
- Revenue Growth 7.96%
- Profit Growth -2.53%
- Ebitda 8.98%
- Net Worth -1.30%
- Total Assets -1.24%
About Milan Minerals
Milan Minerals Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 September 1989 and has a history of 35 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 4.99 Cr.
The company currently has active open charges totaling ₹7.55 Cr. The company has closed loans amounting to ₹1.92 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aloysius Monteiro, Milan Monteiro, and Bharati Monteiro serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, 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
U85110KA1989PTC010398
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Company No.
010398
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Sep 1989
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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 Bangalore
Industry
Who are the key members and board of directors at Milan Minerals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milan Monteiro
|
Managing Director | 26-Sep-1989 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Aloysius Monteiro
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Director | 26-Sep-1989 | Current |
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Bharati Monteiro
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Director | 26-Sep-1989 | Current |
Financial Performance of Milan Minerals.
Milan Minerals Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.96% increase. The company also saw a slight decrease in profitability, with a 2.53% decrease in profit. The company's net worth dipped by a decrease of 1.3%.
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What is the Ownership and Shareholding Structure of Milan Minerals?
In 2023, Milan Minerals had a promoter holding of 97.47% and a public holding of 2.53%. 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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Thermit Alloys Private LimitedAloysius Monteiro, Milan Monteiro and 1 more are mutual person
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M.B. Smelters Pvt Ltd
Aloysius Monteiro, Milan Monteiro and 1 more are mutual person
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Bharat Chrome Private Limited.
Milan Monteiro is a mutual person
Charges (Loans)
₹7.55 Cr
₹1.92 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 7.25 Cr
- Karnataka State Financial Corporation : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2021 | Standard Chartered Bank | ₹7.25 Cr | Open |
| 01 Aug 2000 | Karnataka State Financial Corporation | ₹3.00 M | Open |
| 04 May 2011 | Standard Chartered Bank | ₹1.49 Cr | Satisfied |
| 04 Feb 2003 | Syndicate Bank | ₹2.50 M | Satisfied |
| 23 Aug 1999 | Karnataka State Financial Corporation | ₹1.82 M | Satisfied |
How Many Employees Work at Milan Minerals?
Unlock and access historical data on people associated with Milan Minerals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Milan Minerals, 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 Minerals'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.
