Milestone Plastics Private Limited

Manufacturer of pet products, including preforms, jars, bottles, and pharma bottles, serving various clients.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Milestone Plastics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.39 Cr
  • Satisfied Charges ₹ 1.20 Cr
  • Revenue Growth -3.67%
  • Profit Growth 637.38%
  • Ebitda 8.32%
  • Net Worth 250.97%
  • Total Assets -4.69%

About Milestone Plastics

Milestone Plastics Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 1997 and has a history of 27 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Packaging 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹3.39 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sharad Padia, Kiran Padia, and Kamal Padia serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    milestoneplastics.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200MH1997PTC106828

  • Company No.

    106828

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Milestone Plastics Private Limited offer?

Milestone Plastics Private Limited offers a wide range of products and services, including Plastic Bottles, PET Bottles, Plastic Jars, PET Jars, Pet Preform.

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

Financial Performance of Milestone Plastics.

Milestone Plastics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.67% decrease. The company also saw a substantial improvement in profitability, with a 637.38% increase in profit. The company's net worth Soared by an impressive increase of 250.97%.

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
-3.67%
Revenue from Operations
-3.68%
Total Assets
-4.69%
Profit or Loss
637.38%
Net Worth
250.97%
EBITDA
8.32%

What is the Ownership and Shareholding Structure of Milestone Plastics?

In 2023, Milestone Plastics 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

₹33.90 M

Satisfied Charges

₹12.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.39 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jan 2011State Bank Of India₹3.39 CrOpen
26 Oct 2004State Bank Of Saurashtra₹4.00 MSatisfied
26 Oct 2004State Bank Of Saurashtra₹5.80 MSatisfied
26 Oct 2004State Bank Of Saurashtra₹1.80 MSatisfied
21 Apr 1998The Shamrao Vithal Co-Op. Bank Ltd.₹0.40 MSatisfied

How Many Employees Work at Milestone Plastics?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 33.90 M registered on 14 Jan 2011 with Charge ID 10263699 was modified on 06 Jun 2020.

    06 Jun 2020

  • Charges

    A charge registered on 26 Oct 2004 via Charge ID 80063395 with State Bank Of Saurashtra was fully satisfied on 06 Jul 2017.

    06 Jul 2017

  • Charges

    A charge registered on 26 Oct 2004 via Charge ID 90155475 with State Bank Of Saurashtra was fully satisfied on 17 Jun 2011.

    17 Jun 2011

  • Charges

    A charge registered on 26 Oct 2004 via Charge ID 90158492 with State Bank Of Saurashtra was fully satisfied on 17 Jun 2011.

    17 Jun 2011

Frequently asked questions

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

    Milestone Plastics Private Limited was incorporated on 25 Mar 1997.

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

    The authorized share capital of Milestone Plastics Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    Currently 3 directors are associated with Milestone Plastics Private Limited.

    • Sharad Bhikhalal Padia
    • Kiran Sharad Padia
    • Kamal Sharad Padia
  • What is the registered address of Milestone Plastics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Plastics Private Limited is 409 Kamla Ashish Bldg No3C Wing 4Th Flr Mahavir Nagar Dahanukarwadi Kandival, Mumbai, Maharashtra, India, 400067.

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

    The corporate identification number (CIN) of Milestone Plastics Private Limited is U25200MH1997PTC106828 and the company number is 106828 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Milestone Plastics Private Limited is https://www.milestoneplastics.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Milestone Plastics Private Limited has fallen by -3.67%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Milestone Plastics Private Limited has experienced an upsurge of 250.97%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Milestone Plastics Private Limited amount to ₹ 3.39 Cr.

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

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

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