Milan Minerals Private Limited
Company specializes in mining and processing various minerals and ores since 1989.
1989 | Bangaluru, Karnataka (India) | Active
Milan Minerals Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.99 Cr
- Company Age 35 Year, 5 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 five 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
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1989PTC010398
- Company No.
010398
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Sep 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Metals and Minerals
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 | Director | 26-Sep-1989 | Current |
| Bharati Monteiro | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
- Thermit Alloys Private Limited
Aloysius Monteiro, Milan Monteiro and 1 more are mutual person
- M.B. Smelters Pvt Ltd
Aloysius Monteiro, Milan Monteiro and 1 more are mutual person
- Bharat Chrome Private Limited.
Milan Monteiro is a mutual person
Charges (Loans)
Open Charges
₹7.55 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Milan Minerals
Recent activity within the organization
- Annual General Meeting
Milan Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Milan Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 7.25 Cr with Charge ID 100538868 was registered on 31 Dec 2021.
- Charges
A charge registered on 04 May 2011 via Charge ID 10320419 with Standard Chartered Bank was fully satisfied on 02 Sep 2019.
- Charges
A charge registered on 04 Feb 2003 via Charge ID 90195678 with Syndicate Bank was fully satisfied on 14 Jun 2011.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 1.49 Cr with Charge ID 10320419 was registered on 04 May 2011.
Frequently asked questions
What is the Incorporation or founding date of Milan Minerals Private Limited?
Milan Minerals Private Limited was incorporated on 26 Sep 1989.
What is authorized share capital and paid-up capital of Milan Minerals Private Limited?
The authorized share capital of Milan Minerals Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.99 Cr.
Who are the current board members & directors of Milan Minerals Private Limited?
Currently 3 directors are associated with Milan Minerals Private Limited.
- Aloysius Denis Monteiro
- Milan Ronald Monteiro
- Bharati Denis Monteiro
What is the registered address of Milan Minerals Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Milan Minerals Private Limited is No. 2582 7Th Block Arkavathi Layout Jakkur, India, Bengaluru, Karnataka, 560064.
What is the corporate identification number (CIN) and company number of Milan Minerals Private Limited?
The corporate identification number (CIN) of Milan Minerals Private Limited is U85110KA1989PTC010398 and the company number is 010398 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Milan Minerals Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Milan Minerals Private Limited has risen by 7.96%.
What change has been observed in the net worth of Milan Minerals Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Milan Minerals Private Limited has experienced an downturn of -1.30%.
What are the total open charges for Milan Minerals Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Milan Minerals Private Limited amount to ₹ 7.55 Cr.
When was the last Balance Sheet of Milan Minerals Private Limited filed with the ROC?
The most recent Balance Sheet for Milan Minerals Private Limited was filed with the ROC on 31 Mar 2024.
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