Milan Resorts Private Limited

Provides hotel and lodging services, incorporated in 1996 in Himachal Pradesh.

1996 | Shimla, Himachal Pradesh (India) | Active
Last Updated: December 08, 2024

Milan Resorts Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 28 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.05 Cr
  • Satisfied Charges ₹ 1.10 Cr
  • Revenue Growth 81.63%
  • Profit Growth 1258.05%
  • Ebitda 74.91%
  • Net Worth 12.69%
  • Total Assets 11.05%

About Milan Resorts

Milan Resorts Private Limited (MRPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 1996 and has a history of 28 years and seven months. Its registered office is in Shimla, Himachal Pradesh, India.

The Company is engaged in the Travel And Hospitality 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹1.05 Cr. The company has closed loans amounting to ₹1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Baljeet Singh, Inderjit Kaur, Mansi Sachdeva, and Two other members serve as directors at the Company.

Company Details

  • Location

    Shimla, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310HP1996PTC018449

  • Company No.

    018449

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Travel and Hospitality

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

Executive Team (1)

NameDesignationAppointment DateStatus
Baljeet Singh Country flag representing In Managing Director04-Dec-2011Current

Board Members (4)

NameDesignationAppointment DateStatus
Inderjit Kaur Country flag representing In Director 01-Apr-2012Current
Mansi Sachdeva Country flag representing In Director 01-Apr-2012Current
Madhu Sachdeva Country flag representing In Director 01-Apr-2012Current
Manpreet Kaur Country flag representing In Director 01-Apr-2012Current

Financial Performance of Milan Resorts.

Milan Resorts Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 81.63% increase. The company also saw a substantial improvement in profitability, with a 1258.05% increase in profit. The company's net worth Soared by an impressive increase of 12.69%.

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
81.63%
Revenue from Operations
82.68%
Total Assets
11.05%
Profit or Loss
1258.05%
Net Worth
12.69%
EBITDA
74.91%

What is the Ownership and Shareholding Structure of Milan Resorts?

In 2021, Milan Resorts 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

₹10.50 M

Satisfied Charges

₹11.00 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.80 Cr
  • Punjab & Sind Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2015Punjab National Bank₹8.00 MOpen
29 Oct 2012Punjab & Sind Bank₹1.30 MOpen
27 Apr 2012Punjab & Sind Bank₹1.20 MOpen
04 May 2020Others₹4.00 MSatisfied
08 Oct 2012Punjab National Bank₹2.50 MSatisfied

How Many Employees Work at Milan Resorts?

Unlock and access historical data on people associated with Milan Resorts, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milan Resorts, 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 Resorts'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 Resorts

Recent activity within the organization

  • Charges

    A charge registered on 04 May 2020 via Charge ID 100338139 with Others was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge registered on 17 Mar 2008 via Charge ID 10109619 with Punjab National Bank was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge registered on 12 Jul 2004 via Charge ID 90174369 with Punjab National Bank was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge registered on 08 Oct 2012 via Charge ID 10383117 with Punjab National Bank was fully satisfied on 19 Jul 2024.

    19 Jul 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Milan Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

    31 Mar 2023

Frequently asked questions

  • Milan Resorts Private Limited was incorporated on 03 Jul 1996.

  • The authorized share capital of Milan Resorts Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 5 directors are associated with Milan Resorts Private Limited.

    • Baljeet Singh
    • Inderjit Kaur
    • Mansi Sachdeva
    • Madhu Sachdeva
    • Manpreet Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Milan Resorts Private Limited is Hotel Leela Regency Complexcart Road Shimla India, Himachal Pradesh, 171003.

  • The corporate identification number (CIN) of Milan Resorts Private Limited is U27310HP1996PTC018449 and the company number is 018449 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Milan Resorts Private Limited has risen by 81.63%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Milan Resorts Private Limited has experienced an upsurge of 12.69%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Milan Resorts Private Limited amount to ₹ 1.05 Cr.

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

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