Milestone Buildcon Private Limited

Developing real estate projects, including an IT SEZ in Bengaluru's Bhartiya City.

2005 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Milestone Buildcon Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 10.67 Cr
  • Company Age 19 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,200.00 Cr
  • Satisfied Charges ₹ 5,683.00 Cr
  • Revenue Growth 63.64%
  • Profit Growth 826.43%
  • Ebitda 123.08%
  • Net Worth -3385.79%
  • Total Assets -34.26%

About Milestone Buildcon

Milestone Buildcon Private Limited (MBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 2005 and has a history of 19 years and two months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Real Estate And Construction 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 80.00 Cr and a paid-up capital of Rs 10.67 Cr.

The company currently has active open charges totaling ₹1,200.00 Cr. The company has closed loans amounting to ₹5,683.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Milestone Buildcon Private Limited India is Monika Dhawan as COMPANY SECRETARY. Amit Jain, Raj Shah, Pawan Kakumanu, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201TN2005PTC112747

  • Company No.

    112747

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Milestone Buildcon?

Executive Team (1)

NameDesignationAppointment DateStatus
Monika Dhawan Country flag representing In Company Secretary11-Sep-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Amit Jain Country flag representing In Director 29-Mar-2023Current
Raj Shah Country flag representing In Director 29-Mar-2023Current
Pawan Kakumanu Country flag representing In Additional Director Current
Tanmay Ravi Country flag representing In Additional Director Current

Financial Performance of Milestone Buildcon.

Milestone Buildcon Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.64% increase. The company also saw a substantial improvement in profitability, with a 826.43% increase in profit. The company's net worth observed a substantial decline by a decrease of 3385.79%.

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
63.64%
Revenue from Operations
82.47%
Total Assets
-34.26%
Profit or Loss
826.43%
Net Worth
-3385.79%
EBITDA
123.08%

What is the Ownership and Shareholding Structure of Milestone Buildcon?

In 2023, Milestone Buildcon 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

₹1,200.00 Cr

Satisfied Charges

₹5,683.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1200.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jun 2023Others₹1,200.00 CrOpen
26 May 2022Idbi Trusteeship Services Limited₹650.00 CrSatisfied
29 Mar 2022Others₹650.00 CrSatisfied
17 Jan 2022Idbi Trusteeship Services Limited₹200.00 CrSatisfied
29 Oct 2021Idbi Trusteeship Services Limited₹250.00 CrSatisfied

How Many Employees Work at Milestone Buildcon?

Unlock and access historical data on people associated with Milestone Buildcon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milestone Buildcon, 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 Milestone Buildcon'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 Milestone Buildcon

Recent activity within the organization

  • Annual General Meeting

    Milestone Buildcon Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Monika Dhawan was appointed as a Company Secretary was appointed as a Company Secretary on 11 Sep 2023 & has been associated with this company since 1 year 4 months .

    11 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1,200.00 Cr with Charge ID 100734881 was registered on 06 Jun 2023.

    06 Jun 2023

  • Balance Sheet

    Milestone Buildcon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 26 May 2022 via Charge ID 100577276 with Idbi Trusteeship Services Limited was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 29 Mar 2022 via Charge ID 100565300 with Others was fully satisfied on 29 Mar 2023.

    29 Mar 2023

Frequently asked questions

  • Milestone Buildcon Private Limited was incorporated on 18 Nov 2005.

  • The authorized share capital of Milestone Buildcon Private Limited is ₹ 80.00 Cr and paid-up capital is ₹ 10.67 Cr.

  • Currently 5 directors are associated with Milestone Buildcon Private Limited.

    • Amit Jain
    • Raj Urvish Shah
    • Pawan Kumar Kakumanu
    • Tanmay Ravi
    • Monika Dhawan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Buildcon Private Limited is 56/7, Nallambakkam Village (Via Vandalur) India, Chennai, Tamil Nadu, 600048.

  • The corporate identification number (CIN) of Milestone Buildcon Private Limited is U45201TN2005PTC112747 and the company number is 112747 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Milestone Buildcon Private Limited is https://www.bhartiya.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Milestone Buildcon Private Limited has risen by 63.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Milestone Buildcon Private Limited has experienced an downturn of -3385.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Milestone Buildcon Private Limited amount to ₹ 1,200.00 Cr.

  • The most recent Balance Sheet for Milestone Buildcon Private Limited was filed with the ROC on 31 Mar 2023.

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