Millennium Herbal Care Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.28 Cr
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.32 Cr
- Satisfied Charges ₹ 4.70 Cr
- Revenue Growth -2.86%
- Profit Growth -167.52%
- Ebitda -360.21%
- Net Worth -21.32%
- Total Assets -9.17%
About Millennium Herbal Care
Millennium Herbal Care Limited (MHCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 March 2000 and has a history of 24 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Fmcg 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 1.28 Cr.
The company currently has active open charges totaling ₹7.32 Cr. The company has closed loans amounting to ₹4.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chintan Gandhi, Ambrish Gandhi, Vasavdatta Gandhi, and Three other members 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
U24230MH2000PLC124714
- Company No.
124714
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Mar 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
FMCG
What products or services does Millennium Herbal Care Limited offer?
Millennium Herbal Care Limited offers a wide range of products and services, including Digestive System Drugs & Medicines, Gastrointestinal Drugs, Ayurvedic,Herbal Products & Medicine, Ayurvedic Immunity Booster, Ayurvedic Herbal Syrups & Tonics, Ayurvedic & Herbal Health Supplement, Herbal Sexual Health Supplement, Ayurvedic Medicine, Cosmetics, Hair & Beauty Products, Hair Care Cosmetics.
Who are the key members and board of directors at Millennium Herbal Care?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chintan Gandhi  | Managing Director | 07-Mar-2000 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ambrish Gandhi | Director | 10-Nov-2009 | Current |
| Vasavdatta Gandhi | Whole-Time Director | 20-Dec-2019 | Current |
| Madhu Gandhi | Whole-Time Director | 07-Mar-2000 | Current |
| Hasmukh Gandhi | Whole-Time Director | 07-Mar-2000 | Current |
| Narendra Sheth | Director | 10-Nov-2009 | Current |
Financial Performance of Millennium Herbal Care.
Millennium Herbal Care Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.86% decrease. The company also saw a substantial fall in profitability, with a 167.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Millennium Herbal Care?
In 2023, Millennium Herbal Care had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Millennium Therazen Private LimitedChintan Gandhi, Madhu Gandhi and 1 more are mutual person
- Prefunc Health Llp
Chintan Gandhi and Vasavdatta Gandhi are mutual person
- Shivpujan Barter Pvt.Ltd.
Ambrish Gandhi is a mutual person
- Bhishma Realty Limited
Ambrish Gandhi is a mutual person
Charges (Loans)
Open Charges
₹7.32 Cr
Satisfied Charges
₹4.70 Cr
Charges Breakdown by Lending Institutions
- Others : 6.37 Cr
- Canara Bank : 0.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2020 | Others | ₹1.00 M | Open |
| 22 Nov 2016 | Others | ₹6.27 Cr | Open |
| 11 Nov 1997 | Canara Bank | ₹1.00 M | Open |
| 24 Dec 1987 | Canara Bank | ₹1.50 M | Open |
| 20 Jan 1986 | Canara Bank | ₹3.50 M | Open |
How Many Employees Work at Millennium Herbal Care?
Millennium Herbal Care has a workforce of 172 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Millennium Herbal Care, 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 Herbal Care'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 Millennium Herbal Care
Recent activity within the organization
- Annual General Meeting
Millennium Herbal Care Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Millennium Herbal Care Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others of Rs. 6.27 Cr registered on 22 Nov 2016 with Charge ID 100069019 was modified on 14 Dec 2023.
- Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100376945 was registered on 29 Sep 2020.
- Charges
A charge registered on 29 Nov 2016 via Charge ID 100069726 with Others was fully satisfied on 18 Apr 2020.
- Charges
A charge registered on 10 Feb 2010 via Charge ID 10202401 with Hdfc Bank Limited was fully satisfied on 20 Feb 2017.
Frequently asked questions
What is the Incorporation or founding date of Millennium Herbal Care Limited?
Millennium Herbal Care Limited was incorporated on 07 Mar 2000.
What is authorized share capital and paid-up capital of Millennium Herbal Care Limited?
The authorized share capital of Millennium Herbal Care Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.28 Cr.
Who are the current board members & directors of Millennium Herbal Care Limited?
Currently 6 directors are associated with Millennium Herbal Care Limited.
- Chintan Hasmukh Gandhi
- Ambrish Dhairyakant Gandhi
- Vasavdatta Chintan Gandhi
- Madhu Hasmukh Gandhi
- Hasmukh Ishwarlal Gandhi
- Narendra Kaushik Sheth
What is the registered address of Millennium Herbal Care Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Millennium Herbal Care Limited is 12B Nirmal 241/242Backbayreclaation Nariman Point India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Millennium Herbal Care Limited?
The corporate identification number (CIN) of Millennium Herbal Care Limited is U24230MH2000PLC124714 and the company number is 124714 as per Ministry of Corporate Affairs (MCA).
What is the official website of Millennium Herbal Care Limited?
The Official website of Millennium Herbal Care Limited is https://www.millenniumherbal.com
What has been the recent revenue trend for Millennium Herbal Care Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Millennium Herbal Care Limited has fallen by -2.86%.
How many employees does Millennium Herbal Care Limited currently have?
As Per 2023 financial reports, 172 employees are currently employed by Millennium Herbal Care Limited.
What change has been observed in the net worth of Millennium Herbal Care Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Millennium Herbal Care Limited has experienced an downturn of -21.32%.
What are the total open charges for Millennium Herbal Care Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Millennium Herbal Care Limited amount to ₹ 7.32 Cr.
When was the last Balance Sheet of Millennium Herbal Care Limited filed with the ROC?
The most recent Balance Sheet for Millennium Herbal Care Limited was filed with the ROC on 31 Mar 2024.
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