Milestone Eximp Private Limited

Imports and trades woven and non-woven fabrics since 1998 in Mumbai, Maharashtra.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated:

Milestone Eximp Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.46 Cr
  • Revenue Growth 82.63%
  • Profit Growth -39.14%
  • Ebitda -2.92%
  • Net Worth 7.60%
  • Total Assets 48.02%

About Milestone Eximp

Milestone Eximp Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1998 and has a history of 27 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Seven Ocean Granites Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 4.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹22.46 Cr.

Sarwan Sawarthia, Rajesh Baid, Kiran Sawarthia, and One other member 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

    U14100MH1998PTC114345

  • Company No.

    114345

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Milestone Eximp Private Limited offer?

Milestone Eximp Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, Rechargeable Torches, Torchlight, Rechargeable Lights, Table Lamps, LED Table Lamps, LED Torch, Solar LED Torch, Batteries & Charge Storage Devices, Two Wheeler Battery.

Company report

Milestone Eximp Private Limited

Explore comprehensive data for Milestone Eximp Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Sarwan Sawarthia Country flag representing In Director 02-Sep-2013Current
Rajesh Baid Country flag representing In Director 16-Jul-2008Current
Kiran Sawarthia Country flag representing In Director 02-Sep-2013Current
Sumit Baid Country flag representing In Director 01-Apr-2017Current

Financial Performance of Milestone Eximp.

Milestone Eximp Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.63% increase. The company also saw a substantial fall in profitability, with a 39.14% decrease in profit. The company's net worth moved up by a moderate rise of 7.6%.

Milestone Eximp revenue growth over time
Milestone Eximp 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
82.63%
Revenue from Operations
84.86%
Total Assets
48.02%
Profit or Loss
-39.14%
Net Worth
7.60%
EBITDA
-2.92%

What is the Ownership and Shareholding Structure of Milestone Eximp?

In 2023, Milestone Eximp 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

₹224.58 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 14.00 Cr
  • Standard Chartered Bank : 8.46 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2022Standard Chartered Bank₹5.00 CrOpen
26 Mar 2021Others₹14.00 CrOpen
27 Oct 2020Standard Chartered Bank₹5.58 MOpen
25 May 2019Standard Chartered Bank₹2.90 CrOpen

How Many Employees Work at Milestone Eximp?

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

Employee growth trends for Milestone Eximp Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Milestone Eximp Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Milestone Eximp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 140.00 M registered on 26 Mar 2021 with Charge ID 100436718 was modified on 15 Dec 2022.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 50.00 M with Charge ID 100588861 was registered on 22 Jun 2022.

  • Charges

    A charge with Others amounted to Rs. 140.00 M with Charge ID 100436718 was registered on 26 Mar 2021.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 5.58 M with Charge ID 100384626 was registered on 27 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Milestone Eximp Private Limited?

    Milestone Eximp Private Limited was incorporated on 03 Apr 1998.

  • What is authorized share capital and paid-up capital of Milestone Eximp Private Limited?

    The authorized share capital of Milestone Eximp Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Milestone Eximp Private Limited?

    Currently 4 directors are associated with Milestone Eximp Private Limited.

    • Sarwan Sawarthia
    • Rajesh Kumar Kamal Chand Baid
    • Kiran Sawarthia
    • Sumit Baid

  • What is the registered address of Milestone Eximp Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Eximp Private Limited is 15 Floor 4 Plot 236/238 Mukti Chaitanya Hazrat Abbas Road Samuel Street Vadgad I Masjid, India, Mumbai, Maharashtra, 400003.

  • What is the corporate identification number (CIN) and company number of Milestone Eximp Private Limited?

    The corporate identification number (CIN) of Milestone Eximp Private Limited is U14100MH1998PTC114345 and the company number is 114345 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Milestone Eximp Private Limited?

    The Official website of Milestone Eximp Private Limited is https://www.akari.net.in

  • What has been the recent revenue trend for Milestone Eximp Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Milestone Eximp Private Limited has risen by 82.63%.

  • What change has been observed in the net worth of Milestone Eximp Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Milestone Eximp Private Limited has experienced an upsurge of 7.60%.

  • What are the total open charges for Milestone Eximp Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Milestone Eximp Private Limited amount to ₹ 22.46 Cr.

  • When was the last Balance Sheet of Milestone Eximp Private Limited filed with the ROC?

    The most recent Balance Sheet for Milestone Eximp Private Limited was filed with the ROC on 31 Mar 2024.

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