Millenium Steel India Private Limited

Trading company specializing in TMT bars, steel products, coal, and cement bags.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Millenium Steel India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.34 Cr
  • Company Age 20 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 21.24%
  • Profit Growth -90.36%
  • Ebitda -81.29%
  • Net Worth 19.42%
  • Total Assets 15.76%

About Millenium Steel India

Millenium Steel India Private Limited (MSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 February 2005 and has a history of 20 years. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Metals And Minerals 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 2.00 Cr and a paid-up capital of Rs 1.34 Cr.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hariprasad Duvvuru, Hemanth Duvvuru, and Jyothi Duvvuru serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    moneycontrol.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51420TN2005PTC055327

  • Company No.

    055327

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

What products or services does Millenium Steel India Private Limited offer?

Millenium Steel India Private Limited offers a wide range of products and services, including Cement, UltraTech Cement, ACC Cement, Ambuja Cement.

Who are the key members and board of directors at Millenium Steel India?

Executive Team (1)

NameDesignationAppointment DateStatus
Hariprasad Duvvuru Country flag representing In Managing Director09-Feb-2005Current

Board Members (2)

NameDesignationAppointment DateStatus
Hemanth Duvvuru Country flag representing In Director 09-Feb-2005Current
Jyothi Duvvuru Country flag representing In Whole-Time Director 09-Feb-2005Current

Financial Performance of Millenium Steel India.

Millenium Steel India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.24% increase. The company also saw a substantial fall in profitability, with a 90.36% decrease in profit. The company's net worth Soared by an impressive increase of 19.42%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.24%
Revenue from Operations
21.26%
Total Assets
15.76%
Profit or Loss
-90.36%
Net Worth
19.42%
EBITDA
-81.29%

What is the Ownership and Shareholding Structure of Millenium Steel India?

In 2023, Millenium Steel India had a promoter holding of 49.56% and a public holding of 50.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jul 2011Others₹20.00 CrOpen
19 Mar 2005Uti Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Millenium Steel India?

Millenium Steel India has a workforce of 270 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Millenium Steel India, 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 Millenium Steel India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Millenium Steel India

Recent activity within the organization

  • Annual General Meeting

    Millenium Steel India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Millenium Steel India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 11 Jul 2011 with Charge ID 10300363 was modified on 23 Jan 2023.

    23 Jan 2023

  • Charges

    A charge registered on 19 Mar 2005 via Charge ID 90295157 with Uti Bank Limited was fully satisfied on 09 Jan 2014.

    09 Jan 2014

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 10300363 was registered on 11 Jul 2011.

    11 Jul 2011

  • Charges

    A charge with Uti Bank Limited amounted to Rs. 1.00 Cr with Charge ID 90295157 was registered on 19 Mar 2005.

    19 Mar 2005

Frequently asked questions

  • Millenium Steel India Private Limited was incorporated on 09 Feb 2005.

  • The authorized share capital of Millenium Steel India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.34 Cr.

  • Currently 3 directors are associated with Millenium Steel India Private Limited.

    • Hariprasad Reddy Duvvuru
    • Hemanth Kumar Reddy Duvvuru
    • Jyothi Duvvuru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millenium Steel India Private Limited is No.98 3Rd Floor Halls Road, Kilpauk India, Chennai, Tamil Nadu, 600010.

  • The corporate identification number (CIN) of Millenium Steel India Private Limited is U51420TN2005PTC055327 and the company number is 055327 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Millenium Steel India Private Limited is https://www.moneycontrol.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Millenium Steel India Private Limited has risen by 21.24%.

  • As Per 2023 financial reports, 270 employees are currently employed by Millenium Steel India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Millenium Steel India Private Limited has experienced an upsurge of 19.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Millenium Steel India Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Millenium Steel India Private Limited was filed with the ROC on 31 Mar 2023.