Millennium Starch India Private Limited

This company produces maize-based starch and its derivatives for various industries.

2008 | Athani, Karnataka (India) | Active
Last Updated: July 05, 2024

Millennium Starch India Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.37 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 113.73 Cr
  • Satisfied Charges ₹ 27.51 Cr
  • Revenue Growth 7.59%
  • Profit Growth 1.57%
  • Ebitda 29.63%
  • Net Worth 4.06%
  • Total Assets 21.91%

About Millennium Starch India

Millennium Starch India Private Limited (MSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 April 2008 and has a history of 16 years and nine months. Its registered office is in Athani, Karnataka, India.

The Corporate was formerly known as Millennium Starch India Limited. The Company is engaged in the Chemicals And Materials 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 13.00 Cr and a paid-up capital of Rs 12.37 Cr.

The company currently has active open charges totaling ₹113.73 Cr. The company has closed loans amounting to ₹27.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Millennium Starch India Private Limited India is Poonam Dilip as COMPANY SECRETARY. Kaushal Patil and Nikhil Patil serve as directors at the Company.

Company Details

  • Location

    Athani, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74991KA2008PTC046023

  • Company No.

    046023

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2008

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials

What products or services does Millennium Starch India Private Limited offer?

Millennium Starch India Private Limited offers a wide range of products and services, including Bird Food, Poultry & Animal Food, Animal Feed, Aromatic Hydrocarbon Solvent, Dextrose Monohydrate, Weight Gain Nutrition, Maltodextrin Powder, Flavours & Aromatics, Food Stabilizer, Sweetener, Starch Powder.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Poonam Dilip Company Secretary23-May-2023Current
Nikhil Patil Country flag representing In Managing Director11-Apr-2008Current

Board Members (1)

NameDesignationAppointment DateStatus
Kaushal Patil Country flag representing In Director 11-Apr-2008Current

Financial Performance of Millennium Starch India.

Millennium Starch India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.59% increase. The company also saw a slight improvement in profitability, with a 1.57% increase in profit. The company's net worth moved up by a moderate rise of 4.06%.

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
7.59%
Revenue from Operations
7.61%
Total Assets
21.91%
Profit or Loss
1.57%
Net Worth
4.06%
EBITDA
29.63%

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

In 2023, Millennium Starch India had a promoter holding of 95.96% and a public holding of 4.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹113.73 Cr

Satisfied Charges

₹27.51 Cr

Charges Breakdown by Lending Institutions

  • Others : 73.73 Cr
  • Axis Bank Limited : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2024Others₹2.00 CrOpen
20 Oct 2023Others₹2.00 CrOpen
14 Sep 2023Others₹5.00 CrOpen
17 Nov 2022Others₹7.78 CrOpen
25 Jun 2022Others₹2.00 CrOpen

How Many Employees Work at Millennium Starch India?

Millennium Starch India has a workforce of 116 employees as of Apr 02, 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 Starch 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 Starch 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 Starch India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100887953 was registered on 15 Mar 2024.

    15 Mar 2024

  • Annual General Meeting

    Millennium Starch India Private Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

    30 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100798213 was registered on 20 Oct 2023.

    20 Oct 2023

  • Charges

    A charge with Others of Rs. 3.02 Cr registered on 09 Dec 2020 with Charge ID 100401410 was modified on 26 Sep 2023.

    26 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100778337 was registered on 14 Sep 2023.

    14 Sep 2023

  • Director Appointment

    Poonam Kumari Dilip was appointed as a Company Secretary was appointed as a Company Secretary on 23 May 2023 & has been associated with this company since 1 year 8 months .

    23 May 2023

Frequently asked questions

  • Millennium Starch India Private Limited was incorporated on 11 Apr 2008.

  • The authorized share capital of Millennium Starch India Private Limited is ₹ 13.00 Cr and paid-up capital is ₹ 12.37 Cr.

  • Currently 3 directors are associated with Millennium Starch India Private Limited.

    • Poonam Kumari Dilip
    • Kaushal Suresh Patil
    • Nikhil Suresh Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millennium Starch India Private Limited is Survey No. 1078 / 1079 Kssidc Industrial Estate Satti Road Athani, Karnataka, India, 591304.

  • The corporate identification number (CIN) of Millennium Starch India Private Limited is U74991KA2008PTC046023 and the company number is 046023 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Millennium Starch India Private Limited is https://www.millenniumstarch.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Millennium Starch India Private Limited has risen by 7.59%.

  • As Per 2023 financial reports, 116 employees are currently employed by Millennium Starch India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Millennium Starch India Private Limited has experienced an upsurge of 4.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Millennium Starch India Private Limited amount to ₹ 113.73 Cr.

  • The most recent Balance Sheet for Millennium Starch India Private Limited was filed with the ROC on 31 Mar 2023.

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