Milestone Tubes Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 21 Year, 11 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.90 Cr
- Satisfied Charges ₹ 34.60 Cr
- Revenue Growth 15.08%
- Profit Growth 21.71%
- Ebitda -16.52%
- Net Worth 22.95%
- Total Assets 24.20%
About Milestone Tubes
Milestone Tubes Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 April 2004 and has a history of 21 years. Its registered office is in Gandhinagar, Gujarat.
The Company is engaged in the Manufacturing 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 1.00 Cr.
The company currently has active open charges totaling ₹9.90 Cr. The company has closed loans amounting to ₹34.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rayjibhai Patel, Kanaiyalal Patel, Amrutlal Patel, and One other member serve as directors at the Company.
Company Details
- Location Gandhinagar, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27104GJ2004PTC044053
- Company No.
044053
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Apr 2004
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Milestone Tubes Private Limited offer?
Milestone Tubes Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Hollow Sections, Steel & Stainless Steel Products, Steel Strips, MS Pipe, ERW Pipes, Stainless Steel Pipes, Stainless Steel Tube, Rounded Pipe, Mild Steel Round Pipe.
Milestone Tubes Private Limited
Explore comprehensive data for Milestone Tubes Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Milestone Tubes?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanaiyalal Patel  | Director | 27-Apr-2004 | Current |
| Rayjibhai Patel | Director | 27-Apr-2004 | Current |
| Amrutlal Patel | Director | 27-Apr-2004 | Current |
| Sunilkumar Patel | Director | 27-Apr-2004 | Current |
Financial Performance of Milestone Tubes.
Milestone Tubes Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.08% increase. The company also saw a substantial improvement in profitability, with a 21.71% increase in profit. The company's net worth Soared by an impressive increase of 22.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Milestone Tubes?
In 2021, Milestone Tubes had a promoter holding of 99.87% and a public holding of 0.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Milestone Catalyst Private LimitedRayjibhai Patel is a mutual person
Charges (Loans)
Open Charges
₹9.90 Cr
Satisfied Charges
₹34.60 Cr
Charges Breakdown by Lending Institutions
- Others : 9.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2020 | Others | ₹9.90 Cr | Open |
| 01 Dec 2012 | Others | ₹10.50 Cr | Satisfied |
| 01 Dec 2012 | The Ahmedabad Mercantile Co-Operative Bank Ltd. | ₹8.00 M | Satisfied |
| 31 Jan 2012 | The Cosmos Co-Op Bank Ltd. | ₹7.50 M | Satisfied |
| 12 Oct 2010 | The Cosmos Co-Operative Bank Ltd. | ₹2.00 M | Satisfied |
How Many Employees Work at Milestone Tubes?
Milestone Tubes has a workforce of 28 employees as of Apr 05, 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 Tubes, 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 Tubes'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.
Latest Updates, News, and FAQs on Milestone Tubes
Recent activity within the organization
- Annual General Meeting
Milestone Tubes Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Milestone Tubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 9.90 Cr registered on 30 Oct 2020 with Charge ID 100385136 was modified on 29 Dec 2020.
- Charges
A charge registered on 01 Dec 2012 via Charge ID 10393577 with Others was fully satisfied on 30 Nov 2020.
- Charges
A charge with Others amounted to Rs. 9.90 Cr with Charge ID 100385136 was registered on 30 Oct 2020.
- Charges
A charge with Others of Rs. 10.50 Cr registered on 01 Dec 2012 with Charge ID 10393577 was modified on 29 Oct 2018.
Frequently asked questions
What is the Incorporation or founding date of Milestone Tubes Private Limited?
Milestone Tubes Private Limited was incorporated on 27 Apr 2004.
What is authorized share capital and paid-up capital of Milestone Tubes Private Limited?
The authorized share capital of Milestone Tubes Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Milestone Tubes Private Limited?
Currently 4 directors are associated with Milestone Tubes Private Limited.
- Rayjibhai Premjibhai Patel
- Kanaiyalal Manilal Patel
- Amrutlal Naranbhai Patel
- Sunilkumar Lalbhai Patel
What is the registered address of Milestone Tubes Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Milestone Tubes Private Limited is Survey No130/1 Karai Rdvalad India, Gandhinagar, Gujarat.
What is the corporate identification number (CIN) and company number of Milestone Tubes Private Limited?
The corporate identification number (CIN) of Milestone Tubes Private Limited is U27104GJ2004PTC044053 and the company number is 044053 as per Ministry of Corporate Affairs (MCA).
What is the official website of Milestone Tubes Private Limited?
The Official website of Milestone Tubes Private Limited is https://www.milestoneindia.in
What has been the recent revenue trend for Milestone Tubes Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Milestone Tubes Private Limited has risen by 15.08%.
How many employees does Milestone Tubes Private Limited currently have?
As Per 2022 financial reports, 28 employees are currently employed by Milestone Tubes Private Limited.
What change has been observed in the net worth of Milestone Tubes Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Milestone Tubes Private Limited has experienced an upsurge of 22.95%.
What are the total open charges for Milestone Tubes Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Milestone Tubes Private Limited amount to ₹ 9.90 Cr.
When was the last Balance Sheet of Milestone Tubes Private Limited filed with the ROC?
The most recent Balance Sheet for Milestone Tubes Private Limited was filed with the ROC on 31 Mar 2024.
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