Milestone Electronics Profile
Key Indicators
- Authorised Capital ₹ 0.40 M
- Paid Up Capital ₹ 0.20 M
- Company Age 34 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.17 Cr
- Revenue Growth 35.06%
- Profit Growth 72.72%
- Ebitda 83.80%
- Net Worth 6.19%
- Total Assets 7.75%
About Milestone Electronics
Milestone Electronics Private Limited (MEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 June 1990 and has a history of 34 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Information Technology 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 0.40 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹1.17 Cr.
Prakash Morparia, Anant Ladage, and Sanjay Randeria serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U32109MH1990PTC056804
- Company No.
056804
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jun 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Information Technology
What products or services does Milestone Electronics Private Limited offer?
Milestone Electronics Private Limited offers a wide range of products and services, including Fuses, Circuit Breakers & Components, High Voltage Circuit Breakers, Router, Cables & Networking Devices, Media Converter, Telecommunication Equipment & Parts, Repeater, CD, DVD, MP3 & Audio Video Players, AV Accessories, Media Switches, Relays and Contactors.
Milestone Electronics Private Limited
Explore comprehensive data for Milestone Electronics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Milestone Electronics?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Morparia  | Director | 11-Jun-1990 | Current |
| Anant Ladage | Director | 11-Jun-1990 | Current |
| Sanjay Randeria | Director | 11-Jun-1990 | Current |
Financial Performance of Milestone Electronics.
Milestone Electronics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.06% increase. The company also saw a substantial improvement in profitability, with a 72.72% increase in profit. The company's net worth moved up by a moderate rise of 6.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Milestone Electronics?
In 2022, Milestone Electronics had a public holding of 1.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Milestone Technologies Private LimitedPrakash Morparia, Anant Ladage and 1 more are mutual person
Charges (Loans)
Open Charges
₹11.75 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.77 Cr
- The Saraswat Co-Op Bank Ltd : 0.30 Cr
- The Saraswat Co-Operative Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2022 | Others | ₹0.70 M | Open |
| 21 Jan 2017 | Others | ₹3.50 M | Open |
| 29 Jan 2011 | The Saraswat Co-Operative Bank Limited | ₹0.29 M | Open |
| 12 Jan 2011 | The Saraswat Co-Operative Bank Limited | ₹0.38 M | Open |
| 12 Jan 2011 | The Saraswat Co-Operative Bank Limited | ₹0.36 M | Open |
How Many Employees Work at Milestone Electronics?
Milestone Electronics has a workforce of 34 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Milestone Electronics, 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 Electronics'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 Electronics
Recent activity within the organization
- Annual General Meeting
Milestone Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Milestone Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 0.70 M with Charge ID 100628204 was registered on 18 Oct 2022.
- Charges
A charge with Others of Rs. 3.50 M registered on 28 May 1994 with Charge ID 90165062 was modified on 25 Jan 2017.
- Charges
A charge with Others amounted to Rs. 3.50 M with Charge ID 100077400 was registered on 21 Jan 2017.
- Charges
A charge with The Saraswat Co-Operative Bank Limited amounted to Rs. 0.29 M with Charge ID 10266714 was registered on 29 Jan 2011.
Frequently asked questions
What is the Incorporation or founding date of Milestone Electronics Private Limited?
Milestone Electronics Private Limited was incorporated on 11 Jun 1990.
What is authorized share capital and paid-up capital of Milestone Electronics Private Limited?
The authorized share capital of Milestone Electronics Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.20 M.
Who are the current board members & directors of Milestone Electronics Private Limited?
Currently 3 directors are associated with Milestone Electronics Private Limited.
- Prakash Dharamsey Morparia
- Anant Dharanendra Ladage
- Sanjay Dinesh Randeria
What is the registered address of Milestone Electronics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Electronics Private Limited is A 27 3Rd Floor Nahar Sethindustrial Estate Lbs Marg Bhandup W India, Mumbai, Maharashtra, 400078.
What is the corporate identification number (CIN) and company number of Milestone Electronics Private Limited?
The corporate identification number (CIN) of Milestone Electronics Private Limited is U32109MH1990PTC056804 and the company number is 056804 as per Ministry of Corporate Affairs (MCA).
What is the official website of Milestone Electronics Private Limited?
The Official website of Milestone Electronics Private Limited is https://www.milestone.co.in
What has been the recent revenue trend for Milestone Electronics Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Milestone Electronics Private Limited has risen by 35.06%.
How many employees does Milestone Electronics Private Limited currently have?
As Per 2022 financial reports, 34 employees are currently employed by Milestone Electronics Private Limited.
What change has been observed in the net worth of Milestone Electronics Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Milestone Electronics Private Limited has experienced an upsurge of 6.19%.
What are the total open charges for Milestone Electronics Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Milestone Electronics Private Limited amount to ₹ 1.17 Cr.
When was the last Balance Sheet of Milestone Electronics Private Limited filed with the ROC?
The most recent Balance Sheet for Milestone Electronics Private Limited was filed with the ROC on 31 Mar 2024.
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