Milestone Mercandise Private Limited

Distributor of alcoholic and non-alcoholic beverages in Mumbai and Goa.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: January 03, 2025

Milestone Mercandise Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 28 Year, 5 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 five 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

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

Board Members (2)

NameDesignationAppointment DateStatus
Bhupindersingh Balwantsingh Country flag representing In Additional Director 03-Oct-2023Current
Gaurav Singh Country flag representing In Director 17-Dec-2018Current

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%.

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
-100.00%
Revenue from Operations
-100.00%
Total Assets
-100.00%
Profit or Loss
-100.00%
Net Worth
-100.00%
EBITDA
-100.00%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
17 Nov 2023Standard Chartered Bank₹21.81 CrOpen
14 Dec 2018Others₹12.00 CrOpen
10 May 1999Raghuvanshi Co.Op. Bank Ltd.₹1.00 CrOpen
14 Oct 2021Others₹4.34 CrSatisfied
30 Apr 2016Others₹12.09 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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.

    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.

    30 Sep 2024

  • Charges

    A charge registered on 14 Oct 2021 via Charge ID 100490736 with Others was fully satisfied on 20 Aug 2024.

    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.

    31 Mar 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 21.81 Cr with Charge ID 100828992 was registered on 17 Nov 2023.

    17 Nov 2023

Frequently asked questions

  • Milestone Mercandise Private Limited was incorporated on 27 Sep 1996.

  • The authorized share capital of Milestone Mercandise Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.90 M.

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

    • Bhupindersingh Balwantsingh
    • Gaurav Bhupindersingh Singh
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Milestone Mercandise Private Limited has fallen by -100.00%.

  • As Per 2023 financial reports, 36 employees are currently employed by Milestone Mercandise Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Milestone Mercandise Private Limited amount to ₹ 34.81 Cr.

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

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