Millars Machinery Co Pvt Limited
Manufacturer of concrete construction equipment and machinery, established in 1971.
1971 | Mumbai, Maharashtra (India) | Active
Millars Machinery Co Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.25 M
- Company Age 53 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.31 M
- Satisfied Charges ₹ 1.20 M
- Revenue Growth 13.06%
- Profit Growth -26.55%
- Ebitda 45.86%
- Net Worth 0.06%
- Total Assets 0.05%
About Millars Machinery Co
Millars Machinery Co Pvt Limited (MMCPL) was founded in India on 26 July 1971 and has a glorious history of 53 years and eight months.Its registered office is in Mumbai, Maharashtra, 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 2.50 M and a paid-up capital of Rs 1.25 M.
The company currently has active open charges totaling ₹2.31 M. The company has closed loans amounting to ₹1.20 M, as per Ministry of Corporate Affairs (MCA) records.
Ashok Patel, Urmi Patel, Tarak Patel, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29240MH1971PTC015240
- Company No.
015240
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 1971
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Who are the key members and board of directors at Millars Machinery Co?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tarak Patel  | Director | 28-Mar-2001 | Current |
| Payal Patel | Whole-Time Director | 02-Sep-2021 | Current |
| Ashok Patel | Director | 28-Aug-1971 | Current |
| Urmi Patel | Director | 19-Aug-2020 | Current |
Financial Performance of Millars Machinery Co.
Millars Machinery Co Pvt Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.06% increase. The company also saw a substantial fall in profitability, with a 26.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Millars Machinery Co?
In 2023, Millars Machinery Co 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)
Gmm Pfaudler FoundationPayal Patel is a mutual person
Gmm Pfaudler LimitedAshok Patel and Tarak Patel are mutual person
Decbectochem Engineering Private LimitedAshok Patel and Tarak Patel are mutual person
Skyline Millars LimitedAshok Patel is a mutual person
- Ready Mix Concrete Limited
Ashok Patel, Urmi Patel and 2 more are mutual person
- Millars Concrete Technologies Private Limited
Ashok Patel, Urmi Patel and 2 more are mutual person
Charges (Loans)
Open Charges
₹2.31 M
Satisfied Charges
₹1.20 M
Charges Breakdown by Lending Institutions
- Bank Of Maharashtra : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 1977 | Bank Of Maharashtra | ₹0.50 M | Open |
| 15 Feb 1977 | Bank Of Maharashtra | ₹0.08 M | Open |
| 12 Apr 1976 | Bank Of Maharashtra | ₹0.40 M | Open |
| 06 Jan 1976 | Bank Of Maharashtra | ₹1.34 M | Open |
| 11 Sep 1971 | The National & Grindlays Bank Ltd. | ₹1.20 M | Satisfied |
How Many Employees Work at Millars Machinery Co?
Unlock and access historical data on people associated with Millars Machinery Co, 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 Millars Machinery Co, 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 Millars Machinery Co'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 Millars Machinery Co
Recent activity within the organization
- Annual General Meeting
Millars Machinery Co Pvt Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Millars Machinery Co Pvt Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Payal Tarak Patel was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Sep 2021 & has been associated with this company since 3 years 6 months .
- Director Appointment
Urmi Ashok Patel was appointed as a Director was appointed as a Director on 19 Aug 2020 & has been associated with this company since 4 years 7 months .
- Director Appointment
Tarak Ashok Patel was appointed as a Director was appointed as a Director on 28 Mar 2001 & has been associated with this company since 23 years 11 months .
- Charges
A charge with Bank Of Maharashtra amounted to Rs. 0.50 M with Charge ID 90161461 was registered on 08 Nov 1977.
Frequently asked questions
What is the Incorporation or founding date of Millars Machinery Co Pvt Limited?
Millars Machinery Co Pvt Limited was incorporated on 26 Jul 1971.
What is authorized share capital and paid-up capital of Millars Machinery Co Pvt Limited?
The authorized share capital of Millars Machinery Co Pvt Limited is ₹ 2.50 M and paid-up capital is ₹ 1.25 M.
Who are the current board members & directors of Millars Machinery Co Pvt Limited?
Currently 4 directors are associated with Millars Machinery Co Pvt Limited.
- Ashok Jethabhai Patel
- Urmi Ashok Patel
- Tarak Ashok Patel
- Payal Tarak Patel
What is the registered address of Millars Machinery Co Pvt Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Millars Machinery Co Pvt Limited is Churchgate House 4Th Floor32-34 Veer Nariman Road India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of Millars Machinery Co Pvt Limited?
The corporate identification number (CIN) of Millars Machinery Co Pvt Limited is U29240MH1971PTC015240 and the company number is 015240 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Millars Machinery Co Pvt Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Millars Machinery Co Pvt Limited has risen by 13.06%.
What change has been observed in the net worth of Millars Machinery Co Pvt Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Millars Machinery Co Pvt Limited has experienced an upsurge of 0.06%.
What are the total open charges for Millars Machinery Co Pvt Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Millars Machinery Co Pvt Limited amount to ₹ 2.31 M.
When was the last Balance Sheet of Millars Machinery Co Pvt Limited filed with the ROC?
The most recent Balance Sheet for Millars Machinery Co Pvt Limited was filed with the ROC on 31 Mar 2023.
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