Millenium Synergy Private Limited

Manufacturer of solar products and renewable energy solutions for off-grid and hybrid power systems.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Millenium Synergy Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.74 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Revenue Growth 134.03%
  • Profit Growth -74.99%
  • Ebitda -137.54%
  • Net Worth 0.47%
  • Total Assets 5.38%

About Millenium Synergy

Millenium Synergy Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 May 1999 and has a history of 25 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Environment 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 2.00 Cr and a paid-up capital of Rs 1.74 Cr.

The company currently has active open charges totaling ₹3.00 Cr.

Vinayaka Siddananjappa, Srinivasulu Koparappu, Makam Satheesh, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    milleniumsynergy.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40106KA1999PTC025188

  • Company No.

    025188

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

What products or services does Millenium Synergy Private Limited offer?

Millenium Synergy Private Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Electrical Work, Business Planning and Management, Business Consultant, Solar Lamps, Solar Lantern, Street Lights, Solar Street Lights, Solar Pumps, Solar Water Pump.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Makam Satheesh Country flag representing In Managing Director12-May-1999Current

Board Members (3)

NameDesignationAppointment DateStatus
Vinayaka Siddananjappa Country flag representing In Additional Director 13-May-2024Current
Srinivasulu Koparappu Country flag representing In Director 15-Oct-2015Current
Mattam Kumar Country flag representing In Director 25-Jul-2016Current

Financial Performance of Millenium Synergy.

Millenium Synergy Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 134.03% increase. The company also saw a substantial fall in profitability, with a 74.99% decrease in profit. The company's net worth moved up by a moderate rise of 0.47%.

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
134.03%
Revenue from Operations
125.43%
Total Assets
5.38%
Profit or Loss
-74.99%
Net Worth
0.47%
EBITDA
-137.54%

What is the Ownership and Shareholding Structure of Millenium Synergy?

In 2023, Millenium Synergy had a promoter holding of 79.43% and a public holding of 20.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 2012Bank Of Maharashtra₹2.00 CrOpen
16 Jul 2012Bank Of Maharashtra₹1.00 CrOpen

How Many Employees Work at Millenium Synergy?

Millenium Synergy has a workforce of 3 employees as of Apr 01, 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 Synergy, 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 Synergy'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 Synergy

Recent activity within the organization

  • Annual General Meeting

    Millenium Synergy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Vinayaka Siddananjappa was appointed as a Additional Director was appointed as a Additional Director on 13 May 2024 & has been associated with this company since 9 months 13 days .

    13 May 2024

  • Balance Sheet

    Millenium Synergy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Mattam Shivananda Kumar was appointed as a Director was appointed as a Director on 25 Jul 2016 & has been associated with this company since 8 years 7 months .

    25 Jul 2016

  • Director Appointment

    Srinivasulu Koparappu was appointed as a Director was appointed as a Director on 15 Oct 2015 & has been associated with this company since 9 years 4 months .

    15 Oct 2015

  • Charges

    A charge with Bank Of Maharashtra amounted to Rs. 2.00 Cr with Charge ID 10375482 was registered on 30 Aug 2012.

    30 Aug 2012

Frequently asked questions

  • Millenium Synergy Private Limited was incorporated on 12 May 1999.

  • The authorized share capital of Millenium Synergy Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.74 Cr.

  • Currently 4 directors are associated with Millenium Synergy Private Limited.

    • Vinayaka Siddananjappa
    • Srinivasulu Koparappu
    • Makam Siddarama Setty Satheesh
    • Mattam Shivananda Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millenium Synergy Private Limited is No. 23 1St Main Road 2Nd Floor Vijayarangam Layout Basavanagudi, India, Bangalore, Karnataka, 560004.

  • The corporate identification number (CIN) of Millenium Synergy Private Limited is U40106KA1999PTC025188 and the company number is 025188 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Millenium Synergy Private Limited is https://www.milleniumsynergy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Millenium Synergy Private Limited has risen by 134.03%.

  • As Per 2023 financial reports, 3 employees are currently employed by Millenium Synergy Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Millenium Synergy Private Limited has experienced an upsurge of 0.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Millenium Synergy Private Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Millenium Synergy Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Solar Energy Solutions