Milestone Buildcon Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 10.67 Cr
- Company Age 19 Year, 3 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 three 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Monika Dhawan  | Company Secretary | 11-Sep-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Jain | Director | 29-Mar-2023 | Current |
| Raj Shah | Director | 29-Mar-2023 | Current |
| Pawan Kakumanu | Additional Director | Current | |
| Tanmay Ravi | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Brigade Properties Private LimitedPawan Kakumanu is a mutual person
Inco Jade Private LimitedRaj Shah, Pawan Kakumanu and 1 more are mutual person
Dlf Cyber City Developers LimitedRaj Shah is a mutual person
Whispering Heights Real Estate Private LimitedRaj Shah and Pawan Kakumanu are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2023 | Others | ₹1,200.00 Cr | Open |
| 26 May 2022 | Idbi Trusteeship Services Limited | ₹650.00 Cr | Satisfied |
| 29 Mar 2022 | Others | ₹650.00 Cr | Satisfied |
| 17 Jan 2022 | Idbi Trusteeship Services Limited | ₹200.00 Cr | Satisfied |
| 29 Oct 2021 | Idbi Trusteeship Services Limited | ₹250.00 Cr | Satisfied |
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.
Deals i
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
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 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.
- 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 5 months .
- Charges
A charge with Others amounted to Rs. 1,200.00 Cr with Charge ID 100734881 was registered on 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.
- Charges
A charge registered on 26 May 2022 via Charge ID 100577276 with Idbi Trusteeship Services Limited was fully satisfied on 29 Mar 2023.
- Charges
A charge registered on 29 Mar 2022 via Charge ID 100565300 with Others was fully satisfied on 29 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Milestone Buildcon Private Limited?
Milestone Buildcon Private Limited was incorporated on 18 Nov 2005.
What is authorized share capital and paid-up capital of Milestone Buildcon Private Limited?
The authorized share capital of Milestone Buildcon Private Limited is ₹ 80.00 Cr and paid-up capital is ₹ 10.67 Cr.
Who are the current board members & directors of Milestone Buildcon Private Limited?
Currently 5 directors are associated with Milestone Buildcon Private Limited.
- Amit Jain
- Raj Urvish Shah
- Pawan Kumar Kakumanu
- Tanmay Ravi
- Monika Dhawan
What is the registered address of Milestone Buildcon Private Limited?
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.
What is the corporate identification number (CIN) and company number of Milestone Buildcon Private Limited?
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).
What is the official website of Milestone Buildcon Private Limited?
The Official website of Milestone Buildcon Private Limited is https://www.bhartiya.com
What has been the recent revenue trend for Milestone Buildcon Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Milestone Buildcon Private Limited has risen by 63.64%.
What change has been observed in the net worth of Milestone Buildcon Private Limited, and by what percentage?
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%.
What are the total open charges for Milestone Buildcon Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Milestone Buildcon Private Limited amount to ₹ 1,200.00 Cr.
When was the last Balance Sheet of Milestone Buildcon Private Limited filed with the ROC?
The most recent Balance Sheet for Milestone Buildcon Private Limited was filed with the ROC on 31 Mar 2023.
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