Milcent Appliances Private Limited

Manufactures flour mill parts and home appliances, with branches in multiple locations.

1987 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Milcent Appliances Profile

Key Indicators

  • Authorised Capital ₹ 5.10 Cr
  • Paid Up Capital ₹ 2.20 Cr
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.10 Cr
  • Satisfied Charges ₹ 296.66 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 three 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 2024. 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 ₹6.10 Cr. The company has closed loans amounting to ₹296.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhavesh Girishbhai and Jayshreeben Rohitkumar serve as directors at the Company.

Company Details

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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables
Machinery and Equipment

Who are the key members and board of directors at Milcent Appliances?

Board Members (2)

NameDesignationAppointment DateStatus
Bhavesh Girishbhai Country flag representing In Director 24-Nov-2020Current
Jayshreeben Rohitkumar Country flag representing Io Director 12-Nov-1987Current

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%.

Milcent Appliances revenue growth over time
Milcent Appliances 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
-23.65%
Revenue from Operations
-23.68%
Total Assets
-6.62%
Profit or Loss
-70.33%
Net Worth
1.07%
EBITDA
21.54%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.10 Cr

Satisfied Charges

₹296.66 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 6.10 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2012Bank Of Baroda₹2.10 CrOpen
04 Dec 2010Bank Of Baroda₹2.80 CrOpen
06 Jun 2000Bank Of Baroda₹8.50 MOpen
23 Apr 1992Bank Of Baroda₹0.84 MOpen
12 Dec 1990Bank Of Baroda₹0.60 MOpen

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.

Employee growth trends for Milcent Appliances Private Limited

Deals i

Graph showing company valuation over time

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

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 Milcent Appliances

Recent activity within the organization

  • Annual General Meeting

    Milcent Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 16 Jul 2022 via Charge ID 100607703 with Others was fully satisfied on 22 Apr 2024.

  • Balance Sheet

    Milcent Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 14 Nov 2017 via Charge ID 100190085 with Idbi Trusteeship Services Limited was fully satisfied on 11 Oct 2023.

  • Charges

    A charge with Others amounted to Rs. 160.00 Cr with Charge ID 100607703 was registered on 16 Jul 2022.

  • Charges

    A charge registered on 29 Jun 2020 via Charge ID 100352721 with Others was fully satisfied on 05 Feb 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Milcent Appliances Private Limited?

    Milcent Appliances Private Limited was incorporated on 12 Nov 1987.

  • What is authorized share capital and paid-up capital of Milcent Appliances Private Limited?

    The authorized share capital of Milcent Appliances Private Limited is ₹ 5.10 Cr and paid-up capital is ₹ 2.20 Cr.

  • Who are the current board members & directors of Milcent Appliances Private Limited?

    Currently 2 directors are associated with Milcent Appliances Private Limited.

    • Bhavesh Patel Girishbhai
    • Jayshreeben Patel Rohitkumar

  • What is the registered address of Milcent Appliances Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milcent Appliances Private Limited is 8Th Floor Shaligram Corporates C J Marg Ambli, - India, Ahmedabad, Gujarat, 380058.

  • What is the corporate identification number (CIN) and company number of Milcent Appliances Private Limited?

    The corporate identification number (CIN) of Milcent Appliances Private Limited is U32201GJ1987PTC010122 and the company number is 010122 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Milcent Appliances Private Limited?

    The Official website of Milcent Appliances Private Limited is https://www.milcentappliances.com

  • What has been the recent revenue trend for Milcent Appliances Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Milcent Appliances Private Limited has fallen by -23.65%.

  • How many employees does Milcent Appliances Private Limited currently have?

    As Per 2023 financial reports, 115 employees are currently employed by Milcent Appliances Private Limited.

  • What change has been observed in the net worth of Milcent Appliances Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Milcent Appliances Private Limited has experienced an upsurge of 1.07%.

  • What are the total open charges for Milcent Appliances Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Milcent Appliances Private Limited amount to ₹ 6.10 Cr.

  • When was the last Balance Sheet of Milcent Appliances Private Limited filed with the ROC?

    The most recent Balance Sheet for Milcent Appliances Private Limited was filed with the ROC on 31 Mar 2024.

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