Millennium Appliances India Limited

Manufacturer and trader of electrical and electronic appliances, established in 1999.

1999 | Ahmed Nagar, Maharashtra (India) | Active
Last Updated: December 30, 2024

Millennium Appliances India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 41.27 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 30 Jun 2015
  • Open Charges ₹ 25,093.50 Cr
  • Satisfied Charges ₹ 5,640.00 Cr
  • Revenue Growth 1.53%
  • Profit Growth 6.57%
  • Ebitda 6.96%
  • Net Worth -4.69%
  • Total Assets -5.38%

About Millennium Appliances India

Millennium Appliances India Limited (MAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 December 1999 and has a history of 25 years and one month. Its registered office is in Ahmed Nagar, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 30 June 2015. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 41.27 Cr.

The company currently has active open charges totaling ₹25,093.50 Cr. The company has closed loans amounting to ₹5,640.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kavishwar Patil, Deepaksingh Rajput, and Kiran Patwardhan serve as directors at the Company.

Company Details

  • Location

    Ahmed Nagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29308PN1999PLC014301

  • Company No.

    014301

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 1999

  • Date of AGM

    30 Dec 2015

  • Date of Balance Sheet

    30 Jun 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Millennium Appliances India?

Board Members (3)

Name Designation Appointment Date Status
Deepaksingh Rajput Country flag representing In Director 03-Jan-2012 Current
Kavishwar Patil Country flag representing In Director 03-Jan-2012 Current
Kiran Patwardhan Country flag representing In Additional Director 18-May-2018 Current

Financial Performance of Millennium Appliances India.

Millennium Appliances India Limited, for the financial year ended 2015, experienced modest growth in revenue, with a 1.53% increase. The company also saw a slight improvement in profitability, with a 6.57% increase in profit. The company's net worth dipped by a decrease of 4.69%.

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
1.53%
Revenue from Operations
1.53%
Total Assets
-5.38%
Profit or Loss
6.57%
Net Worth
-4.69%
EBITDA
6.96%

What is the Ownership and Shareholding Structure of Millennium Appliances India?

In 2015, Millennium Appliances India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25,093.50 Cr

Satisfied Charges

₹5,640.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 20195.00 Cr
  • Idbi Bank Limited : 3025.00 Cr
  • State Bank Of India : 750.00 Cr
  • Icici Bank Limited : 690.00 Cr
  • Punjab National Bank : 210.00 Cr
  • Others : 223.50 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2017 Others ₹3.50 Cr Open
20 Mar 2013 Sbicap Trustee Company Limited ₹20,195.00 Cr Open
30 Apr 2012 Icici Bank Limited ₹650.00 Cr Open
24 Apr 2012 State Bank Of India ₹750.00 Cr Open
18 Feb 2012 Idbi Bank Limited ₹3,025.00 Cr Open

How Many Employees Work at Millennium Appliances India?

Millennium Appliances India has a workforce of 18 employees as of Apr 10, 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 Millennium Appliances 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 Millennium Appliances 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 Millennium Appliances India

Recent activity within the organization

  • Director Appointment

    Kiran Radhakrihan Patwardhan was appointed as a Additional Director was appointed as a Additional Director on 18 May 2018 & has been associated with this company since 6 years 8 months .

    18 May 2018

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100086626 was registered on 28 Mar 2017.

    28 Mar 2017

  • Annual General Meeting

    Millennium Appliances India Limited last Annual general meeting of members was held on 30 Dec 2015 as per latest MCA records.

    30 Dec 2015

  • Charges

    A charge registered on 13 Dec 2012 via Charge ID 10394815 with Allahabad Bank was fully satisfied on 16 Sep 2015.

    16 Sep 2015

  • Balance Sheet

    Millennium Appliances India Limited has filed its annual Financial statements for the year ended 30 Jun 2015 with Roc Pune.

    30 Jun 2015

  • Charges

    A charge registered on 14 Jun 2012 via Charge ID 10361839 with Central Bank Of India was fully satisfied on 26 May 2015.

    26 May 2015

Frequently asked questions

  • Millennium Appliances India Limited was incorporated on 23 Dec 1999.

  • The authorized share capital of Millennium Appliances India Limited is ₹ 50.00 Cr and paid-up capital is ₹ 41.27 Cr.

  • Currently 3 directors are associated with Millennium Appliances India Limited.

    • Kavishwar Bhaurao Patil
    • Deepaksingh Ganpatsingh Rajput
    • Kiran Radhakrihan Patwardhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millennium Appliances India Limited is 2275 Adate Bazar India, Ahmednagar, Maharashtra, 414001.

  • The corporate identification number (CIN) of Millennium Appliances India Limited is U29308PN1999PLC014301 and the company number is 014301 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Millennium Appliances India Limited has risen by 1.53%.

  • As Per 2015 financial reports, 18 employees are currently employed by Millennium Appliances India Limited.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Millennium Appliances India Limited has experienced an downturn of -4.69%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Millennium Appliances India Limited amount to ₹ 25,093.50 Cr.

  • The most recent Balance Sheet for Millennium Appliances India Limited was filed with the ROC on 30 Jun 2015.

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