Millennial Hospitality Ventures Private Limited

Imports and distributes various food products as a franchisor in India and abroad.

2020 | Bangalore Rural, Karnataka (India) | Active
Last Updated:

Millennial Hospitality Ventures Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 4 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.02 Cr
  • Revenue Growth 475.47%
  • Profit Growth -87.59%
  • Ebitda 414.68%
  • Net Worth -315.52%
  • Total Assets 5.51%

About Millennial Hospitality Ventures

Millennial Hospitality Ventures Private Limited (MHVPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 October 2020 (Four years and seven months 2 days old ). Its registered office is in Bangalore Rural, Karnataka, India.

The Company is engaged in the Travel And Hospitality 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹13.02 Cr.

Anil Ladha, Awadhesh Biyani, and Armando Difilippo serve as directors at the Company.

Company Details

  • Location

    Bangalore Rural, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15549KA2020PTC139413

  • Company No.

    139413

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality
Company report

Millennial Hospitality Ventures Private Limited

Explore comprehensive data for Millennial Hospitality Ventures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Millennial Hospitality Ventures?

Board Members (3)

NameDesignationAppointment DateStatus
Awadhesh Biyani Country flag representing In Director 07-Oct-2020Current
Anil Ladha Country flag representing In Director 17-Feb-2021Current
Armando Difilippo Country flag representing It Director 26-Apr-2022Current

Financial Performance of Millennial Hospitality Ventures.

Millennial Hospitality Ventures Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 475.47% increase. The company also saw a substantial fall in profitability, with a 87.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 315.52%.

Millennial Hospitality Ventures revenue growth over time
Millennial Hospitality Ventures 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
475.47%
Revenue from Operations
476.63%
Total Assets
5.51%
Profit or Loss
-87.59%
Net Worth
-315.52%
EBITDA
414.68%

What is the Ownership and Shareholding Structure of Millennial Hospitality Ventures?

In 2023, Millennial Hospitality Ventures had a public holding of 12.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹130.15 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 13.02 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2024Others₹6.94 CrOpen
30 Nov 2020Others₹6.07 CrOpen

How Many Employees Work at Millennial Hospitality Ventures?

Millennial Hospitality Ventures has a workforce of 262 employees as of Mar 22, 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.

Employee growth trends for Millennial Hospitality Ventures Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Millennial Hospitality Ventures, 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 Millennial Hospitality Ventures'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 Millennial Hospitality Ventures

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 69.42 M with Charge ID 100941847 was registered on 29 Jun 2024.

  • Charges

    A charge with Others of Rs. 60.73 M registered on 30 Nov 2020 with Charge ID 100394096 was modified on 15 Apr 2024.

  • Annual General Meeting

    Millennial Hospitality Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Millennial Hospitality Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Armando Difilippo was appointed as a Director was appointed as a Director on 26 Apr 2022 & has been associated with this company since 3 years 14 days .

  • Director Appointment

    Anil Ladha was appointed as a Director was appointed as a Director on 17 Feb 2021 & has been associated with this company since 4 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Millennial Hospitality Ventures Private Limited?

    Millennial Hospitality Ventures Private Limited was incorporated on 07 Oct 2020.

  • What is authorized share capital and paid-up capital of Millennial Hospitality Ventures Private Limited?

    The authorized share capital of Millennial Hospitality Ventures Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Millennial Hospitality Ventures Private Limited?

    Currently 3 directors are associated with Millennial Hospitality Ventures Private Limited.

    • Anil Ladha
    • Awadhesh Biyani
    • Armando Difilippo
  • What is the registered address of Millennial Hospitality Ventures Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Millennial Hospitality Ventures Private Limited is No.1 2Nd Main Road, Rajivgandhi Nagar Bommnahalli India, Bangalore, Karnataka, 560068.

  • What is the corporate identification number (CIN) and company number of Millennial Hospitality Ventures Private Limited?

    The corporate identification number (CIN) of Millennial Hospitality Ventures Private Limited is U15549KA2020PTC139413 and the company number is 139413 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Millennial Hospitality Ventures Private Limited?

    The Official website of Millennial Hospitality Ventures Private Limited is https://www.onestalove.in

  • What has been the recent revenue trend for Millennial Hospitality Ventures Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Millennial Hospitality Ventures Private Limited has risen by 475.47%.

  • How many employees does Millennial Hospitality Ventures Private Limited currently have?

    As Per 2022 financial reports, 262 employees are currently employed by Millennial Hospitality Ventures Private Limited.

  • What change has been observed in the net worth of Millennial Hospitality Ventures Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Millennial Hospitality Ventures Private Limited has experienced an downturn of -315.52%.

  • What are the total open charges for Millennial Hospitality Ventures Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Millennial Hospitality Ventures Private Limited amount to ₹ 13.02 Cr.

  • When was the last Balance Sheet of Millennial Hospitality Ventures Private Limited filed with the ROC?

    The most recent Balance Sheet for Millennial Hospitality Ventures Private Limited was filed with the ROC on 31 Mar 2023.

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