Milestone Mercandise Private Limited
Distributor of alcoholic and non-alcoholic beverages in Mumbai and Goa.
1996 | Mumbai, Maharashtra (India) | Active
Milestone Mercandise Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.90 M
- Company Age 28 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 34.81 Cr
- Satisfied Charges ₹ 35.88 Cr
- Revenue Growth -100.00%
- Profit Growth -100.00%
- Ebitda -100.00%
- Net Worth -100.00%
- Total Assets -100.00%
About Milestone Mercandise
Milestone Mercandise Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 September 1996 and has a history of 28 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Food And Beverages 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 1.00 Cr and a paid-up capital of Rs 9.90 M.
The company currently has active open charges totaling ₹34.81 Cr. The company has closed loans amounting to ₹35.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhupindersingh Balwantsingh and Gaurav Singh 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
U51100MH1996PTC102889
- Company No.
102889
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Sep 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Food and Beverages
Milestone Mercandise Private Limited
Explore comprehensive data for Milestone Mercandise Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Milestone Mercandise?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhupindersingh Balwantsingh  | Additional Director | 03-Oct-2023 | Current |
| Gaurav Singh | Director | 17-Dec-2018 | Current |
Financial Performance of Milestone Mercandise.
Milestone Mercandise Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 100% decrease in profit. The company's net worth observed a substantial decline by a decrease of 100%.
- Key Matrics
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- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Milestone Mercandise?
In 2023, Milestone Mercandise had a promoter holding of 59.99% and a public holding of 40.01%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹34.81 Cr
Satisfied Charges
₹35.88 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 21.81 Cr
- Others : 12.00 Cr
- Raghuvanshi Co.Op. Bank Ltd. : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2023 | Standard Chartered Bank | ₹21.81 Cr | Open |
| 14 Dec 2018 | Others | ₹12.00 Cr | Open |
| 10 May 1999 | Raghuvanshi Co.Op. Bank Ltd. | ₹1.00 Cr | Open |
| 14 Oct 2021 | Others | ₹4.34 Cr | Satisfied |
| 30 Apr 2016 | Others | ₹12.09 Cr | Satisfied |
How Many Employees Work at Milestone Mercandise?
Milestone Mercandise has a workforce of 36 employees as of Apr 07, 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 Mercandise, 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 Mercandise'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 Mercandise
Recent activity within the organization
- Charges
A charge with Standard Chartered Bank of Rs. 21.81 Cr registered on 17 Nov 2023 with Charge ID 100828992 was modified on 04 Nov 2024.
- Charges
A charge with Others of Rs. 12.00 Cr registered on 14 Dec 2018 with Charge ID 100231708 was modified on 23 Oct 2024.
- Annual General Meeting
Milestone Mercandise Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 14 Oct 2021 via Charge ID 100490736 with Others was fully satisfied on 20 Aug 2024.
- Balance Sheet
Milestone Mercandise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 21.81 Cr with Charge ID 100828992 was registered on 17 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Milestone Mercandise Private Limited?
Milestone Mercandise Private Limited was incorporated on 27 Sep 1996.
What is authorized share capital and paid-up capital of Milestone Mercandise Private Limited?
The authorized share capital of Milestone Mercandise Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.90 M.
Who are the current board members & directors of Milestone Mercandise Private Limited?
Currently 2 directors are associated with Milestone Mercandise Private Limited.
- Bhupindersingh Balwantsingh
- Gaurav Bhupindersingh Singh
What is the registered address of Milestone Mercandise Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Mercandise Private Limited is 5Th Measant Roadk T Ompound Sewree (E) India, Mumbai, Maharashtra, 400015.
What is the corporate identification number (CIN) and company number of Milestone Mercandise Private Limited?
The corporate identification number (CIN) of Milestone Mercandise Private Limited is U51100MH1996PTC102889 and the company number is 102889 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Milestone Mercandise Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Milestone Mercandise Private Limited has fallen by -100.00%.
How many employees does Milestone Mercandise Private Limited currently have?
As Per 2023 financial reports, 36 employees are currently employed by Milestone Mercandise Private Limited.
What change has been observed in the net worth of Milestone Mercandise Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Milestone Mercandise Private Limited has experienced an downturn of -100.00%.
What are the total open charges for Milestone Mercandise Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Milestone Mercandise Private Limited amount to ₹ 34.81 Cr.
When was the last Balance Sheet of Milestone Mercandise Private Limited filed with the ROC?
The most recent Balance Sheet for Milestone Mercandise Private Limited was filed with the ROC on 31 Mar 2024.
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