Milestone Minerals Private Limited

Mining company specializing in iron ore and granite, established in 2007 and based in Bangalore.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated:

Milestone Minerals Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.88 Cr
  • Revenue Growth 4191.30%
  • Profit Growth 13.13%
  • Ebitda -0.08%
  • Net Worth -19.30%
  • Total Assets -1.80%

About Milestone Minerals

Milestone Minerals Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 February 2007 and has a history of 18 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Metals And Minerals 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹3.88 Cr.

Boini Shivappa and Praveen Bethapudi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U13201KA2007PTC041856

  • Company No.

    041856

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

What products or services does Milestone Minerals Private Limited offer?

Milestone Minerals Private Limited offers a wide range of products and services, including Natural Stone, Indian Natural Stone, Granite, Black Granite, Galaxy Granite.

Company report

Milestone Minerals Private Limited

Explore comprehensive data for Milestone Minerals Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Praveen Bethapudi Country flag representing In Director 22-Feb-2007Current
Boini Shivappa Country flag representing In Director 29-Nov-2023Current

Financial Performance of Milestone Minerals.

Milestone Minerals Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 4191.3% increase. The company also saw a substantial improvement in profitability, with a 13.13% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.3%.

Milestone Minerals revenue growth over time
Milestone Minerals 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
4191.30%
Revenue from Operations
Total Assets
-1.80%
Profit or Loss
13.13%
Net Worth
-19.30%
EBITDA
-0.08%

What is the Ownership and Shareholding Structure of Milestone Minerals?

In 2018, Milestone Minerals 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

₹38.83 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 3.00 Cr
  • Icici Bank Limited : 0.88 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2013The Karur Vysya Bank Limited₹3.00 CrOpen
17 Aug 2012Icici Bank Limited₹8.83 MOpen

How Many Employees Work at Milestone Minerals?

Unlock and access historical data on people associated with Milestone Minerals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Milestone Minerals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milestone Minerals, 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 Minerals'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 Minerals

Recent activity within the organization

  • Director Appointment

    Boini Shivappa was appointed as a Director was appointed as a Director on 29 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Annual General Meeting

    Milestone Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 30.00 M with Charge ID 10423380 was registered on 27 Mar 2013.

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 8.83 M with Charge ID 10376932 was registered on 17 Aug 2012.

  • Director Appointment

    Praveen Mark Bethapudi was appointed as a Director was appointed as a Director on 22 Feb 2007 & has been associated with this company since 18 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Milestone Minerals Private Limited?

    Milestone Minerals Private Limited was incorporated on 22 Feb 2007.

  • What is authorized share capital and paid-up capital of Milestone Minerals Private Limited?

    The authorized share capital of Milestone Minerals Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Who are the current board members & directors of Milestone Minerals Private Limited?

    Currently 2 directors are associated with Milestone Minerals Private Limited.

    • Boini Shivappa
    • Praveen Mark Bethapudi

  • What is the registered address of Milestone Minerals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Minerals Private Limited is No. 33 Palace Cross Road, India, Bangalore, Karnataka, 560020.

  • What is the corporate identification number (CIN) and company number of Milestone Minerals Private Limited?

    The corporate identification number (CIN) of Milestone Minerals Private Limited is U13201KA2007PTC041856 and the company number is 041856 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Milestone Minerals Private Limited?

    The Official website of Milestone Minerals Private Limited is https://www.milestone.in

  • What has been the recent revenue trend for Milestone Minerals Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Milestone Minerals Private Limited has risen by 4191.30%.

  • What change has been observed in the net worth of Milestone Minerals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Milestone Minerals Private Limited has experienced an downturn of -19.30%.

  • What are the total open charges for Milestone Minerals Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Milestone Minerals Private Limited amount to ₹ 3.88 Cr.

  • When was the last Balance Sheet of Milestone Minerals Private Limited filed with the ROC?

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

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