Millennium Technotools Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.89 M
- Company Age 15 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.87 Cr
- Satisfied Charges ₹ 18.18 Cr
- Revenue Growth 37.00%
- Profit Growth -26.90%
- Ebitda 49.02%
- Net Worth 32.66%
- Total Assets 40.88%
About Millennium Technotools
Millennium Technotools Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 2009 and has a history of 15 years and three months. Its registered office is in New Delhi, Delhi, India.
The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 5.89 M.
The company currently has active open charges totaling ₹45.87 Cr. The company has closed loans amounting to ₹18.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ikjyot Kaur, Amitbir Banga, and Harbir Banga serve as directors at the Company.
Company Details
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29190DL2009PTC195339
- Company No.
195339
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Oct 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Millennium Technotools?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harbir Banga  | Director | 01-May-2022 | Current |
| Ikjyot Kaur | Director | 16-Jan-2023 | Current |
| Amitbir Banga | Director | 01-May-2022 | Current |
Financial Performance of Millennium Technotools.
Millennium Technotools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37% increase. The company also saw a substantial fall in profitability, with a 26.9% decrease in profit. The company's net worth Soared by an impressive increase of 32.66%.
- 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 Technotools?
In 2023, Millennium Technotools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pooja Metal Processors Private LimitedAmitbir Banga and Harbir Banga are mutual person
Wehear Innovations Private LimitedHarbir Banga is a mutual person
Victora Automotive Private LimitedAmitbir Banga and Harbir Banga are mutual person
Grand Prix Engineering Private LimitedAmitbir Banga and Harbir Banga are mutual person
Victora Auto Private LimitedAmitbir Banga and Harbir Banga are mutual person
Precision Electronics LimitedHarbir Banga is a mutual person
Charges (Loans)
₹45.87 Cr
₹18.18 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 40.00 Cr
- Others : 5.43 Cr
- Hdfc Bank Limited : 0.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2023 | Axis Bank Limited | ₹40.00 Cr | Open |
| 07 Oct 2020 | Hdfc Bank Limited | ₹4.38 M | Open |
| 15 Sep 2017 | Others | ₹5.43 Cr | Open |
| 19 Jul 2021 | Others | ₹3.21 M | Satisfied |
| 29 Jun 2021 | Others | ₹1.70 M | Satisfied |
How Many Employees Work at Millennium Technotools?
Millennium Technotools has a workforce of 152 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Millennium Technotools, 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 Technotools'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.
