Milestone Furniture Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.30 Cr
- Company Age 10 Year, 10 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 5.75 Cr
- Revenue Growth -100.00%
- Profit Growth -22.00%
- Ebitda -46.89%
- Net Worth -5.51%
- Total Assets -5.02%
About Milestone Furniture
Milestone Furniture Limited (MFL) is a Public Limited Indian Non-Government Company incorporated in India on 12 March 2014 and has a history of Ten years and ten months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541337.
The Corporate was formerly known as Milestone Furniture 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 2022. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.30 Cr.
The company has closed loans amounting to ₹5.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Milestone Furniture Limited India is Dheeraj Pandey as COMPANY SECRETARY. Mayank Kotadia, Vivek Sonar, Muskan Rana, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L36912MH2014PLC254131
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Company No.
254131
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Stock Symbol
BSE : 541337
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
12 Mar 2014
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Date of AGM
29 Oct 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
What products or services does Milestone Furniture Limited offer?
Milestone Furniture Limited offers a wide range of products and services, including Retail Display Stands and Fixtures, Display Rack, Hotel & Restaurant Furniture, Restaurant Table, Office Furniture, Office Chairs, School & College Chair, Student Chair, Play School Furniture, Kids School Furniture.
Who are the key members and board of directors at Milestone Furniture?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dheeraj Pandey | Company Secretary | 11-Jan-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mayank Kotadia
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Whole-Time Director | 09-Feb-2023 | Current |
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Vivek Sonar
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Whole-Time Director | 19-Jul-2021 | Current |
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Muskan Rana
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Additional Director | 28-Mar-2024 | Current |
| Akshay Sharma | Additional Director | 17-Jul-2024 | Current |
Financial Performance of Milestone Furniture.
Milestone Furniture Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 22% decrease in profit. The company's net worth dipped by a decrease of 5.51%.
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What is the Ownership and Shareholding Structure of Milestone Furniture?
In 2022, Milestone Furniture had a promoter holding of 36.57% and a public holding of 63.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Kazmik Consultants Private LimitedMuskan Rana is a mutual person
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Arihant Multi Commercial LimitedMayank Kotadia is a mutual person
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Chromatic India LimitedMayank Kotadia is a mutual person
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Plexonics Technologies LimitedVivek Sonar is a mutual person
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Tera Natural Resources And Pellets Private LimitedMayank Kotadia is a mutual person
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Plexonics Enterprises Private Limited
Mayank Kotadia is a mutual person
Charges (Loans)
₹0
₹5.75 Cr
Charges Breakdown by Lending Institutions
- Others : 5.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2017 | Others | ₹5.00 Cr | Satisfied |
| 25 Oct 2016 | Others | ₹7.50 M | Satisfied |
How Many Employees Work at Milestone Furniture?
Milestone Furniture has a workforce of 0 employees as of Apr 04, 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 Furniture, 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 Furniture'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.
