Milestone Eximp Private Limited

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

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Milestone Eximp Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 26 years and ten months. 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 2023. 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.

Kiran Sawarthia, Sumit Baid, Rajesh Baid, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akari.net.in

  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Board Members (4)

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

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%.

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
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.

Graph showing employee growth trends

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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • 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.

    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.

    22 Jun 2022

  • Charges

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

    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.

    27 Oct 2020

Frequently asked questions

  • Milestone Eximp Private Limited was incorporated on 03 Apr 1998.

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

  • Currently 4 directors are associated with Milestone Eximp Private Limited.

    • Kiran Sawarthia
    • Sumit Baid
    • Rajesh Kumar Kamal Chand Baid
    • Sarwan Sawarthia
  • 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, Mumbai, Maharashtra, India, 400003.

  • 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).

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

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

  • 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%.

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

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

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