Milestone Preservatives Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.11 Cr
- Company Age 23 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 102.15 Cr
- Satisfied Charges ₹ 22.65 Cr
- Revenue Growth 40.24%
- Profit Growth -33.00%
- Ebitda -30.40%
- Net Worth 33.72%
- Total Assets 38.67%
About Milestone Preservatives
Milestone Preservatives Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 October 2001 and has a history of 23 years and four months. Its registered office is in Vadodara, Gujarat, India.
The Company is engaged in the Chemicals And Materials 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 1.20 Cr and a paid-up capital of Rs 1.11 Cr.
The company currently has active open charges totaling ₹102.15 Cr. The company has closed loans amounting to ₹22.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajiv Shah, Arti Shah, Gaurav Mehta, and Three other members serve as directors at the Company.
Company Details
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U24117GJ2001PTC040096
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Company No.
040096
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Oct 2001
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Milestone Preservatives Private Limited offer?
Milestone Preservatives Private Limited offers a wide range of products and services, including Flavours & Aromatics, Antioxidants, Ketones, Tert-Butylhydroquinone TBHQ, Dyes & Color Additives, Dye Additives.
Who are the key members and board of directors at Milestone Preservatives?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Shah
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Director | 11-Oct-2001 | Current |
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Arti Shah
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Director | 11-Oct-2001 | Current |
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Gaurav Mehta
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Director | 15-Mar-2007 | Current |
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Nishit Shah
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Director | 15-Mar-2007 | Current |
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Bharat Vaghasiya
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Director | 01-Jan-2022 | Current |
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Siddharth Shah
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Director | 01-Apr-2022 | Current |
Financial Performance of Milestone Preservatives.
Milestone Preservatives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.24% increase. The company also saw a substantial fall in profitability, with a 33% decrease in profit. The company's net worth Soared by an impressive increase of 33.72%.
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What is the Ownership and Shareholding Structure of Milestone Preservatives?
In 2023, Milestone Preservatives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Nova Interchem Private LimitedBharat Vaghasiya is a mutual person
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Chemsport Technologies Private LimitedSiddharth Shah is a mutual person
Charges (Loans)
₹102.15 Cr
₹22.65 Cr
Charges Breakdown by Lending Institutions
- Others : 62.00 Cr
- Citi Bank N.A. : 24.65 Cr
- Citibank N. A. : 15.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2022 | Others | ₹51.00 Cr | Open |
| 23 Nov 2022 | Others | ₹11.00 Cr | Open |
| 13 Oct 2011 | Citibank N. A. | ₹14.00 Cr | Open |
| 21 May 2011 | Citibank N. A. | ₹1.50 Cr | Open |
| 21 May 2011 | Citi Bank N.A. | ₹24.65 Cr | Open |
How Many Employees Work at Milestone Preservatives?
Unlock and access historical data on people associated with Milestone Preservatives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Milestone Preservatives, 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 Preservatives'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.