Milcent Appliances Profile
Key Indicators
- Authorised Capital ₹ 5.10 Cr
- Paid Up Capital ₹ 2.20 Cr
- Company Age 37 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 166.10 Cr
- Satisfied Charges ₹ 136.66 Cr
- Revenue Growth -23.65%
- Profit Growth -70.33%
- Ebitda 21.54%
- Net Worth 1.07%
- Total Assets -6.62%
About Milcent Appliances
Milcent Appliances Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 1987 and has a history of 37 years and two months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Consumer Electronics & Durables 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 5.10 Cr and a paid-up capital of Rs 2.20 Cr.
The company currently has active open charges totaling ₹166.10 Cr. The company has closed loans amounting to ₹136.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhavesh Girishbhai and Jayshreeben Rohitkumar serve as directors at the Company.
Company Details
-
Location
Ahmedabad, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U32201GJ1987PTC010122
-
Company No.
010122
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
12 Nov 1987
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Milcent Appliances?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavesh Girishbhai
|
Director | 24-Nov-2020 | Current |
Jayshreeben Rohitkumar
|
Director | 12-Nov-1987 | Current |
Financial Performance of Milcent Appliances.
Milcent Appliances Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.65% decrease. The company also saw a substantial fall in profitability, with a 70.33% decrease in profit. The company's net worth moved up by a moderate rise of 1.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Milcent Appliances?
In 2023, Milcent Appliances had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Magtech Motors Pvt LtdBhavesh Girishbhai and Jayshreeben Rohitkumar are mutual person
-
Amanta Healthcare LimitedBhavesh Girishbhai is a mutual person
-
The Pharmaceutical Form-Fill-Seal Association Of IndiaBhavesh Girishbhai is a mutual person
-
Milcent Jansewa Foundation
Jayshreeben Rohitkumar is a mutual person
Charges (Loans)
₹166.10 Cr
₹136.66 Cr
Charges Breakdown by Lending Institutions
- Others : 160.00 Cr
- Bank Of Baroda : 6.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2022 | Others | ₹160.00 Cr | Open |
| 15 Oct 2012 | Bank Of Baroda | ₹2.10 Cr | Open |
| 04 Dec 2010 | Bank Of Baroda | ₹2.80 Cr | Open |
| 06 Jun 2000 | Bank Of Baroda | ₹8.50 M | Open |
| 23 Apr 1992 | Bank Of Baroda | ₹0.84 M | Open |
How Many Employees Work at Milcent Appliances?
Milcent Appliances has a workforce of 115 employees as of Apr 02, 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 Milcent Appliances, 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 Milcent Appliances'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.
