Milecon Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 10 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.37 Cr
- Revenue Growth 99.03%
- Profit Growth 96.18%
- Ebitda 40.42%
- Net Worth 11.32%
- Total Assets 11.23%
About Milecon Engineering
Milecon Engineering Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 2014 and has a history of Ten years and 11 months. Its registered office is in Porbandar, Gujarat, India.
The Company is engaged in the Infrastructure And Utilities 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹7.37 Cr.
Bhimabhai Modhwadia and Popat Rama serve as directors at the Company.
Company Details
- Location
Porbandar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45400GJ2014PTC079478
- Company No.
079478
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Mar 2014
- Date of AGM
29 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Milecon Engineering?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhimabhai Modhwadia  | Director | 31-Mar-2014 | Current |
| Popat Rama | Director | 31-Mar-2014 | Current |
Financial Performance of Milecon Engineering.
Milecon Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 99.03% increase. The company also saw a substantial improvement in profitability, with a 96.18% increase in profit. The company's net worth Soared by an impressive increase of 11.32%.
- 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 Milecon Engineering?
In 2023, Milecon Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹7.37 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 5.71 Cr
- Hdfc Bank Limited : 1.66 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | Hdfc Bank Limited | ₹6.00 M | Open |
| 27 Aug 2024 | Hdfc Bank Limited | ₹0.92 M | Open |
| 16 Feb 2024 | Hdfc Bank Limited | ₹2.84 M | Open |
| 04 Dec 2023 | Hdfc Bank Limited | ₹0.51 M | Open |
| 05 Jan 2023 | Hdfc Bank Limited | ₹1.40 M | Open |
How Many Employees Work at Milecon Engineering?
Milecon Engineering has a workforce of 45 employees as of Mar 30, 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 Milecon Engineering, 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 Milecon Engineering'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.
Latest Updates, News, and FAQs on Milecon Engineering
Recent activity within the organization
- Annual General Meeting
Milecon Engineering Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100971396 was registered on 02 Sep 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100967601 was registered on 27 Aug 2024.
- Balance Sheet
Milecon Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100881429 was registered on 16 Feb 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100849277 was registered on 04 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of Milecon Engineering Private Limited?
Milecon Engineering Private Limited was incorporated on 31 Mar 2014.
What is authorized share capital and paid-up capital of Milecon Engineering Private Limited?
The authorized share capital of Milecon Engineering Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Milecon Engineering Private Limited?
Currently 2 directors are associated with Milecon Engineering Private Limited.
- Bhimabhai Modhwadia
- Popat Modhavadiya Rama
What is the registered address of Milecon Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Milecon Engineering Private Limited is Shop No 410 4F Bhavya Tower Opp Maha Prabhuji Ni Bethak, M G Road India, Porbandar, Gujarat, 360575.
What is the corporate identification number (CIN) and company number of Milecon Engineering Private Limited?
The corporate identification number (CIN) of Milecon Engineering Private Limited is U45400GJ2014PTC079478 and the company number is 079478 as per Ministry of Corporate Affairs (MCA).
What is the official website of Milecon Engineering Private Limited?
The Official website of Milecon Engineering Private Limited is https://www.milecon.in
What has been the recent revenue trend for Milecon Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Milecon Engineering Private Limited has risen by 99.03%.
How many employees does Milecon Engineering Private Limited currently have?
As Per 2023 financial reports, 45 employees are currently employed by Milecon Engineering Private Limited.
What change has been observed in the net worth of Milecon Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Milecon Engineering Private Limited has experienced an upsurge of 11.32%.
What are the total open charges for Milecon Engineering Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Milecon Engineering Private Limited amount to ₹ 7.37 Cr.
When was the last Balance Sheet of Milecon Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Milecon Engineering Private Limited was filed with the ROC on 31 Mar 2024.