Milestone Speciality Equipment Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 3.60 M
- Company Age 14 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.35 M
- Satisfied Charges ₹ 0.30 M
- Revenue Growth 126.05%
- Profit Growth 105.53%
- Ebitda 111.72%
- Net Worth 146.41%
- Total Assets 13.50%
About Milestone Speciality Equipment
Milestone Speciality Equipment Private Limited (MSEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 2010 and has a history of 14 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 4.00 M and a paid-up capital of Rs 3.60 M.
The company currently has active open charges totaling ₹4.35 M. The company has closed loans amounting to ₹0.30 M, as per Ministry of Corporate Affairs (MCA) records.
Brijesh Edwards, Jawaharlal Miranda, and Amaranth Miranda serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29253TN2010PTC075270
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Company No.
075270
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Apr 2010
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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 Chennai
Industry
Who are the key members and board of directors at Milestone Speciality Equipment?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Brijesh Edwards
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Director | 11-Jun-2012 | Current |
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Jawaharlal Miranda
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Whole-Time Director | 01-Oct-2015 | Current |
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Amaranth Miranda
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Additional Director | 07-Jun-2023 | Current |
Financial Performance of Milestone Speciality Equipment.
Milestone Speciality Equipment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 126.05% increase. The company also saw a substantial improvement in profitability, with a 105.53% increase in profit. The company's net worth Soared by an impressive increase of 146.41%.
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What is the Ownership and Shareholding Structure of Milestone Speciality Equipment?
In 2023, Milestone Speciality Equipment had a promoter holding of 83.33% and a public holding of 16.67%. 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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Miranda Equipments Private LimitedJawaharlal Miranda is a mutual person
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Libra Innovations Private LimitedAmaranth Miranda is a mutual person
Charges (Loans)
₹4.35 M
₹0.30 M
Charges Breakdown by Lending Institutions
- Others : 0.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2019 | Others | ₹0.85 M | Open |
| 16 Jun 2017 | Others | ₹3.50 M | Open |
| 26 Dec 2016 | Others | ₹0.30 M | Satisfied |
How Many Employees Work at Milestone Speciality Equipment?
Milestone Speciality Equipment has a workforce of 48 employees as of Mar 29, 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 Speciality Equipment, 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 Speciality Equipment'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.
