Milan Textile Enterprise Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.12 Cr
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 32.55 Cr
- Revenue Growth -81.83%
- Profit Growth -134.62%
- Ebitda -418.94%
- Net Worth -11.97%
- Total Assets -7.91%
About Milan Textile Enterprise
Milan Textile Enterprise Private Limited (MTEPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 December 2005 and has a history of 19 years and one month. Its registered office is in Madurai, Tamil Nadu, India.
The Company is engaged in the Fashion And Textile Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.12 Cr.
The company has closed loans amounting to ₹32.55 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Devanandh and Devaraj Rajmohan serve as directors at the Company.
Company Details
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Location
Madurai, Tamil Nadu, 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
U51311TN2005PTC058472
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Company No.
058472
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Dec 2005
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Date of AGM
29 Nov 2021
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Date of Balance Sheet
31 Mar 2021
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Milan Textile Enterprise?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devanandh
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Additional Director | 23-Jul-2024 | Current |
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Devaraj Rajmohan
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Additional Director | 05-Apr-2024 | Current |
Financial Performance of Milan Textile Enterprise.
Milan Textile Enterprise Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 81.83% decrease. The company also saw a substantial fall in profitability, with a 134.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.97%.
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What is the Ownership and Shareholding Structure of Milan Textile Enterprise?
In 2021, Milan Textile Enterprise had a promoter holding of 48.31% and a public holding of 51.69%. 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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Cdrrd Property Enterprises Private LimitedDevanandh and Devaraj Rajmohan are mutual person
Charges (Loans)
₹0
₹32.55 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 22.75 Cr
- State Bank Of India : 9.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2016 | City Union Bank Limited | ₹4.75 Cr | Satisfied |
| 12 Sep 2012 | City Union Bank Limited | ₹2.50 M | Satisfied |
| 11 Feb 2012 | City Union Bank Limited | ₹1.00 Cr | Satisfied |
| 09 Aug 2010 | City Union Bank Limited | ₹16.75 Cr | Satisfied |
| 28 Apr 2009 | State Bank Of India | ₹9.80 Cr | Satisfied |
How Many Employees Work at Milan Textile Enterprise?
Milan Textile Enterprise has a workforce of 20 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 Textile Enterprise, 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 Textile Enterprise'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.
