Milenium Technologies (India) Private Limited

Manufactures and exports various industrial valves and dampers.

1997 | Bangaluru, Karnataka (India) | Active
Last Updated: January 03, 2025

Milenium Technologies (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 28 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.02 Cr
  • Revenue Growth 57.34%
  • Profit Growth 83.47%
  • Ebitda 62.51%
  • Net Worth 22.87%
  • Total Assets 63.40%

About Milenium Technologies (India)

Milenium Technologies (India) Private Limited (MTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 February 1997 and has a history of 28 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 3.50 Cr.

The company currently has active open charges totaling ₹6.02 Cr.

Suma Shanbhag, Pooja Shinde, Shrikant Shinde, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mileniumvalve.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1997PTC021747

  • Company No.

    021747

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Milenium Technologies (India) Private Limited offer?

Milenium Technologies (India) Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Pneumatic Valves, Diverter Valve, Gate & Sluice Valves, Industrial Valves, Rotary Valves, Industrial Air Conditioner & Devices, Air Damper, Laboratory & Lab Equipment, Laboratory Tables.

Who are the key members and board of directors at Milenium Technologies (India)?

Board Members (4)

Name Designation Appointment Date Status
Suma Shanbhag Country flag representing In Director 01-Apr-2011 Current
Pooja Shinde Country flag representing In Director 01-Apr-2011 Current
Shrikant Shinde Country flag representing In Director 30-Dec-2003 Current
Raghavendra Shanbhag Country flag representing In Director 30-Dec-2003 Current

Financial Performance of Milenium Technologies (India).

Milenium Technologies (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.34% increase. The company also saw a substantial improvement in profitability, with a 83.47% increase in profit. The company's net worth Soared by an impressive increase of 22.87%.

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
57.34%
Revenue from Operations
57.74%
Total Assets
63.40%
Profit or Loss
83.47%
Net Worth
22.87%
EBITDA
62.51%

What is the Ownership and Shareholding Structure of Milenium Technologies (India)?

Unlock access to Milenium Technologies (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.02 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.02 Cr

Latest Charge Details

Date Lender Amount Status
30 Oct 2024 State Bank Of India ₹5.00 M Open
06 Nov 2007 State Bank Of India ₹5.52 Cr Open

How Many Employees Work at Milenium Technologies (India)?

Milenium Technologies (India) has a workforce of 56 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milenium Technologies (India), 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 Milenium Technologies (India)'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 Milenium Technologies (India)

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.50 Cr with Charge ID 101003726 was registered on 30 Oct 2024.

    30 Oct 2024

  • Annual General Meeting

    Milenium Technologies (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Milenium Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 5.52 Cr registered on 06 Nov 2007 with Charge ID 10073419 was modified on 14 Sep 2022.

    14 Sep 2022

  • Director Appointment

    Suma Shanbhag was appointed as a Director was appointed as a Director on 01 Apr 2011 & has been associated with this company since 13 years 10 months .

    01 Apr 2011

  • Director Appointment

    Pooja Shrikant Shinde was appointed as a Director was appointed as a Director on 01 Apr 2011 & has been associated with this company since 13 years 10 months .

    01 Apr 2011

Frequently asked questions

  • Milenium Technologies (India) Private Limited was incorporated on 04 Feb 1997.

  • The authorized share capital of Milenium Technologies (India) Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.50 Cr.

  • Currently 4 directors are associated with Milenium Technologies (India) Private Limited.

    • Suma Shanbhag
    • Pooja Shrikant Shinde
    • Shrikant Shashikant Shinde
    • Raghavendra Nagesh Shanbhag
  • As per Ministry of Corporate Affairs (Mca), the registered address of Milenium Technologies (India) Private Limited is Sy No 116/7 117/6 Mookambika Temple Road Machohalli Forest Gate Magdi Main India, Bangalore North, Karnataka, 560091.

  • The corporate identification number (CIN) of Milenium Technologies (India) Private Limited is U85110KA1997PTC021747 and the company number is 021747 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Milenium Technologies (India) Private Limited is https://www.mileniumvalve.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Milenium Technologies (India) Private Limited has risen by 57.34%.

  • As Per 2023 financial reports, 56 employees are currently employed by Milenium Technologies (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Milenium Technologies (India) Private Limited has experienced an upsurge of 22.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Milenium Technologies (India) Private Limited amount to ₹ 6.02 Cr.

  • The most recent Balance Sheet for Milenium Technologies (India) Private Limited was filed with the ROC on 31 Mar 2024.

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