Milestone Tubes Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 02-12-2024
- Paid Up Capital ₹ 1.00 Cr
as on 02-12-2024
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.90 Cr
as on 02-12-2024
- Satisfied Charges ₹ 34.60 Cr
as on 02-12-2024
- Revenue 15.08%
(FY 2022)
- Profit 21.71%
(FY 2022)
- Ebitda -16.52%
(FY 2022)
- Net Worth 22.95%
(FY 2022)
- Total Assets 24.20%
(FY 2022)
About Milestone Tubes
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.
- 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
Company Details
- LocationGandhinagar, Gujarat
- Telephone
- Email Address
- Website
- Social Media-
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.
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
- Ratios
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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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Oct 2020 | ₹9.90 Cr | Open |
Others Creation Date: 01 Dec 2012 | ₹10.50 Cr | Satisfied |
The Ahmedabad Mercantile Co-Operative Bank Ltd. Creation Date: 01 Dec 2012 | ₹8.00 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.
