Milan Plast Pvt Ltd

Manufacturer and exporter of plastic products for household, industrial, and agricultural use.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated:

Milan Plast Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.40 M
  • Company Age 37 Year, 5 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 five 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

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1987PTC045214

  • Company No.

    045214

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Milan Plast Pvt Ltd

Explore comprehensive data for Milan Plast Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Padamshi Shah Country flag representing In Managing Director06-Nov-1987Current

Board Members (4)

NameDesignationAppointment DateStatus
Vipul Shah Country flag representing In Director 15-Jun-2001Current
Praful Shah Country flag representing In Director 06-Jun-2003Current
Chandrika Shah Country flag representing In Director 01-Dec-2005Current
Avin Shah Country flag representing In Whole-Time Director 27-Jan-2017Current

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%.

Milan Plast revenue growth over time
Milan Plast 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
-1.67%
Revenue from Operations
-2.50%
Total Assets
0.83%
Profit or Loss
35.20%
Net Worth
8.81%
EBITDA
14.47%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.10 Cr

Satisfied Charges

₹25.82 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.20 Cr
  • Axis Bank Limited : 5.90 Cr

Latest Charge Details

DateLenderAmountStatus
01 Apr 2017Hdfc Bank Limited₹6.20 CrOpen
09 Mar 2010Axis Bank Limited₹5.90 CrOpen
30 Jan 2015Others₹9.40 CrSatisfied
28 Sep 2011The Cosmos Co-Op Bank Ltd₹3.00 MSatisfied
28 Mar 2011The Cosmos Co-Op Bank Ltd₹6.65 CrSatisfied

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.

Employee growth trends for Milan Plast Pvt Ltd

Deals i

Graph showing company valuation over time

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

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 Plast

Recent activity within the organization

  • Annual General Meeting

    Milan Plast Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 5.90 Cr registered on 09 Mar 2010 with Charge ID 10204543 was modified on 10 Jul 2023.

  • Balance Sheet

    Milan Plast Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 6.20 Cr registered on 01 Apr 2017 with Charge ID 100108648 was modified on 28 Sep 2022.

  • Charges

    A charge registered on 21 Jun 2006 via Charge ID 10008899 with Citibank N. A. was fully satisfied on 18 Jan 2019.

  • Charges

    A charge registered on 21 Jun 2006 via Charge ID 10025066 with Citibank N. A. was fully satisfied on 18 Jan 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Milan Plast Pvt Ltd?

    Milan Plast Pvt Ltd was incorporated on 06 Nov 1987.

  • What is authorized share capital and paid-up capital of Milan Plast Pvt Ltd?

    The authorized share capital of Milan Plast Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 8.40 M.

  • Who are the current board members & directors of Milan Plast Pvt Ltd?

    Currently 5 directors are associated with Milan Plast Pvt Ltd.

    • Praful Padamshi Shah
    • Padamshi Madan Shah
    • Chandrika Vipul Shah
    • Vipul Padamshi Shah
    • Avin Vipul Shah
  • What is the registered address of Milan Plast Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milan Plast Pvt Ltd is B 16 Nand Bhuvanindustrial Estate Mahakali Caves Rd Andheri (E) India, Mumbai, Maharashtra, 400093.

  • What is the corporate identification number (CIN) and company number of Milan Plast Pvt Ltd?

    The corporate identification number (CIN) of Milan Plast Pvt Ltd is U27100MH1987PTC045214 and the company number is 045214 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Milan Plast Pvt Ltd?

    The Official website of Milan Plast Pvt Ltd is https://www.milanplast.net

  • What has been the recent revenue trend for Milan Plast Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Milan Plast Pvt Ltd has fallen by -1.67%.

  • How many employees does Milan Plast Pvt Ltd currently have?

    As Per 2023 financial reports, 72 employees are currently employed by Milan Plast Pvt Ltd.

  • What change has been observed in the net worth of Milan Plast Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Milan Plast Pvt Ltd has experienced an upsurge of 8.81%.

  • What are the total open charges for Milan Plast Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Milan Plast Pvt Ltd amount to ₹ 12.10 Cr.

  • When was the last Balance Sheet of Milan Plast Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Milan Plast Pvt Ltd was filed with the ROC on 31 Mar 2023.

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