Millennium Motors Private Limited

Authorized dealer for Hero Moto Corp Ltd, offering two wheeler models and related services.

1999 | Bangalore, Karnataka (India) | Inactive
Last Updated: October 04, 2024

Millennium Motors Profile

Key Indicators

  • Authorised Capital ₹ 4.75 Cr
  • Paid Up Capital ₹ 4.75 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 17.85 Cr
  • Revenue Growth -96.61%
  • Profit Growth 95.52%
  • Ebitda 98.95%
  • Net Worth -0.20%
  • Total Assets -5.15%

About Millennium Motors

Millennium Motors Private Limited (MMPL) is Strike Off company established on 11 Jun 1999 with its office registered at Bangalore, Karnataka, India and has been running since 25 Year, 7 Months with a paid up capital of 4.75 Cr. According to MCA records, 2 Directors are linked to this company as of 04 Oct 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102KA1999PTC025330

  • Company No.

    025330

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1999

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

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

Board Members (2)

Name Designation Appointment Date Status
Arigevarigutta Ramasubbareddy Country flag representing In Director 22-Dec-2014 Current
Surendra Ghosh Country flag representing In Director 24-Feb-2021 Current

Financial Performance of Millennium Motors.

Millennium Motors Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 96.61% decrease. The company also saw a substantial improvement in profitability, with a 95.52% increase in profit. The company's net worth dipped by a decrease of 0.2%.

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
-96.61%
Revenue from Operations
Total Assets
-5.15%
Profit or Loss
95.52%
Net Worth
-0.20%
EBITDA
98.95%

What is the Ownership and Shareholding Structure of Millennium Motors?

In 2020, Millennium Motors 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

₹0

Satisfied Charges

₹17.85 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 4.50 Cr
  • State Bank Of India : 4.00 Cr
  • Punjab National Bank : 4.00 Cr
  • 3I Infotech Trusteeship Services Limited : 2.60 Cr
  • Kotak Mahindra Bank Limited : 2.25 Cr
  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2014 Yes Bank Limited ₹4.50 Cr Satisfied
20 Dec 2011 Punjab National Bank ₹4.00 Cr Satisfied
31 Aug 2009 State Bank Of India ₹4.00 Cr Satisfied
17 Jul 2008 3I Infotech Trusteeship Services Limited ₹2.60 Cr Satisfied
13 Feb 2007 Icici Bank Limited ₹5.00 M Satisfied

How Many Employees Work at Millennium Motors?

Unlock and access historical data on people associated with Millennium Motors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Millennium Motors, 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 Motors'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 Motors

Recent activity within the organization

  • Annual General Meeting

    Millennium Motors Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Millennium Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Surendra Ghosh was appointed as a Director was appointed as a Director on 24 Feb 2021 & has been associated with this company since 3 years 11 months .

    24 Feb 2021

  • Charges

    A charge registered on 25 Aug 2014 via Charge ID 10528433 with Yes Bank Limited was fully satisfied on 07 Mar 2019.

    07 Mar 2019

  • Charges

    A charge with Yes Bank Limited of Rs. 4.50 Cr registered on 25 Aug 2014 with Charge ID 10528433 was modified on 23 Jan 2017.

    23 Jan 2017

  • Director Appointment

    Arigevarigutta Suresh Ramasubbareddy was appointed as a Director was appointed as a Director on 22 Dec 2014 & has been associated with this company since 10 years 1 month .

    22 Dec 2014

Frequently asked questions

  • Millennium Motors Private Limited was incorporated on 11 Jun 1999.

  • The authorized share capital of Millennium Motors Private Limited is ₹ 4.75 Cr and paid-up capital is ₹ 4.75 Cr.

  • Currently 2 directors are associated with Millennium Motors Private Limited.

    • Arigevarigutta Suresh Ramasubbareddy
    • Surendra Ghosh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millennium Motors Private Limited is No.139/26 Amarjyothi Layoutring Road Domlur, Bangalore, Karnataka, India, 560071.

  • The corporate identification number (CIN) of Millennium Motors Private Limited is U50102KA1999PTC025330 and the company number is 025330 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Millennium Motors Private Limited is https://www.millennium-motors.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Millennium Motors Private Limited has fallen by -96.61%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Millennium Motors Private Limited has experienced an downturn of -0.20%.

  • The most recent Balance Sheet for Millennium Motors Private Limited was filed with the ROC on 31 Mar 2022.

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