Milan Plast Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.40 M
- Company Age 37 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.10 Cr
- Satisfied Charges ₹ 25.82 Cr
- Revenue Growth -1.67%
- Profit Growth 35.20%
- Ebitda 14.47%
- Net Worth 8.81%
- Total Assets 0.83%
About Milan Plast
Milan Plast Pvt Ltd (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 November 1987 and has a history of 37 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 8.40 M.
The company currently has active open charges totaling ₹12.10 Cr. The company has closed loans amounting to ₹25.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Praful Shah, Padamshi Shah, Chandrika Shah, and Two other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27100MH1987PTC045214
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Company No.
045214
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Nov 1987
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Milan Plast?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Padamshi Shah
|
Managing Director | 06-Nov-1987 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vipul Shah
|
Director | 15-Jun-2001 | Current |
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Praful Shah
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Director | 06-Jun-2003 | Current |
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Chandrika Shah
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Director | 01-Dec-2005 | Current |
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Avin Shah
|
Whole-Time Director | 27-Jan-2017 | Current |
Financial Performance of Milan Plast.
Milan Plast Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.67% decrease. The company also saw a substantial improvement in profitability, with a 35.2% increase in profit. The company's net worth moved up by a moderate rise of 8.81%.
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What is the Ownership and Shareholding Structure of Milan Plast?
In 2023, Milan Plast had a promoter holding of 100.00%. The company had 1 Subsidiary. 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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Milan Decor Private LimitedPraful Shah, Padamshi Shah and 1 more are mutual person
Charges (Loans)
₹12.10 Cr
₹25.82 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.20 Cr
- Axis Bank Limited : 5.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Apr 2017 | Hdfc Bank Limited | ₹6.20 Cr | Open |
| 09 Mar 2010 | Axis Bank Limited | ₹5.90 Cr | Open |
| 30 Jan 2015 | Others | ₹9.40 Cr | Satisfied |
| 28 Sep 2011 | The Cosmos Co-Op Bank Ltd | ₹3.00 M | Satisfied |
| 28 Mar 2011 | The Cosmos Co-Op Bank Ltd | ₹6.65 Cr | Satisfied |
How Many Employees Work at Milan Plast?
Milan Plast has a workforce of 72 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Milan Plast, 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 Plast'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.