Milestone Logistics Private Limited

Provides logistics services including clearing and forwarding, air and ocean freight, and transshipment.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: February 05, 2025

Milestone Logistics Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.85 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 49.88%
  • Profit Growth -24.01%
  • Ebitda -84.60%
  • Net Worth 13.28%
  • Total Assets 5.02%

About Milestone Logistics

Milestone Logistics Private Limited (MLPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 2009 and has a history of 15 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹10.85 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nihar Khanolkar and Vikas Grover serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74990MH2009PTC193559

  • Company No.

    193559

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Board Members (2)

Name Designation Appointment Date Status
Vikas Grover Country flag representing In Director 25-Jun-2009 Current
Nihar Khanolkar Country flag representing In Director 25-Jun-2009 Current

Financial Performance of Milestone Logistics.

Milestone Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.88% increase. The company also saw a substantial fall in profitability, with a 24.01% decrease in profit. The company's net worth Soared by an impressive increase of 13.28%.

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
49.88%
Revenue from Operations
69.10%
Total Assets
5.02%
Profit or Loss
-24.01%
Net Worth
13.28%
EBITDA
-84.60%

What is the Ownership and Shareholding Structure of Milestone Logistics?

Unlock access to Milestone Logistics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹108.50 M

Satisfied Charges

₹20.00 M

Charges Breakdown by Lending Institutions

  • Others : 10.85 Cr

Latest Charge Details

Date Lender Amount Status
25 Feb 2020 Others ₹10.85 Cr Open
12 Feb 2016 The Saraswat Co-Operative Bank Ltd ₹4.00 M Satisfied
11 Feb 2014 The Saraswat Co-Operative Bank Ltd. ₹1.45 Cr Satisfied
27 Jul 2010 The Saraswat Co-Operative Bank Ltd ₹1.50 M Satisfied

How Many Employees Work at Milestone Logistics?

Unlock and access historical data on people associated with Milestone Logistics, 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 Logistics, 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 Logistics'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 Logistics

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 108.50 M registered on 25 Feb 2020 with Charge ID 100331421 was modified on 10 Jul 2023.

    10 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 108.50 M with Charge ID 100331421 was registered on 25 Feb 2020.

    25 Feb 2020

  • Charges

    A charge registered on 12 Feb 2016 via Charge ID 10620332 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 05 Feb 2020.

    05 Feb 2020

  • Charges

    A charge registered on 11 Feb 2014 via Charge ID 10480913 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 05 Feb 2020.

    05 Feb 2020

Frequently asked questions

  • Milestone Logistics Private Limited was incorporated on 25 Jun 2009.

  • The authorized share capital of Milestone Logistics Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Milestone Logistics Private Limited.

    • Nihar Narhari Khanolkar
    • Vikas Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Logistics Private Limited is 2 E 706 Dheeraj Upvan Siddharth Nagar Off. E.X.P. Highway, Borivali (East) India, Mumbai, Maharashtra, 400066.

  • The corporate identification number (CIN) of Milestone Logistics Private Limited is U74990MH2009PTC193559 and the company number is 193559 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Milestone Logistics Private Limited is https://www.milestonelogistics.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Milestone Logistics Private Limited has risen by 49.88%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Milestone Logistics Private Limited has experienced an upsurge of 13.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Milestone Logistics Private Limited amount to ₹ 10.85 Cr.

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