Millennium Herbal Care Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.28 Cr
- Company Age 24 Year, 10 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 ten 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
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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Recauto India Private LimitedNarendra Sheth is a mutual person
V An S Seeds Goodness LlpChintan Gandhi and Vasavdatta Gandhi are mutual person
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)
₹7.32 Cr
₹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.
