Millennium Vitrified Tiles Private Limited

Manufacturer of glazed vitrified tiles in two sizes, with plans to add a larger size.

2011 | Rajkot, Gujarat (India) | Active
Last Updated: December 29, 2024

Millennium Vitrified Tiles Profile

Key Indicators

  • Authorised Capital ₹ 17.50 Cr
  • Paid Up Capital ₹ 17.12 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 97.74 Cr
  • Revenue Growth 46.40%
  • Profit Growth 78.98%
  • Ebitda 25.96%
  • Net Worth 17.10%
  • Total Assets -3.35%

About Millennium Vitrified Tiles

Millennium Vitrified Tiles Private Limited (MVTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 January 2011 and has a history of 14 years and one month. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Manufacturing 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 17.50 Cr and a paid-up capital of Rs 17.12 Cr.

The company currently has active open charges totaling ₹97.74 Cr.

The Key Managerial Personnel (KMP) at Millennium Vitrified Tiles Private Limited India is Shivani Jakhotiya as COMPANY SECRETARY. Mansukhlal Koradiya, Dineshbhai Patel, Kunal Patel, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U26933GJ2011PTC063633

  • Company No.

    063633

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 2011

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Shivani Jakhotiya Company Secretary04-Mar-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Kunal Patel Country flag representing In Director 11-Oct-2018Current
Deep Patel Country flag representing In Director 11-Oct-2018Current
Mansukhlal Koradiya Country flag representing In Director 12-Jan-2011Current
Dineshbhai Patel Country flag representing In Director 12-Jan-2011Current
Rakesh Koradiya Country flag representing In Director 27-May-2015Current

Financial Performance of Millennium Vitrified Tiles.

Millennium Vitrified Tiles Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 46.4% increase. The company also saw a substantial improvement in profitability, with a 78.98% increase in profit. The company's net worth Soared by an impressive increase of 17.1%.

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
46.40%
Revenue from Operations
46.63%
Total Assets
-3.35%
Profit or Loss
78.98%
Net Worth
17.10%
EBITDA
25.96%

What is the Ownership and Shareholding Structure of Millennium Vitrified Tiles?

In 2023, Millennium Vitrified Tiles had a promoter holding of 20.22% and a public holding of 79.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹97.74 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 97.74 Cr

Latest Charge Details

DateLenderAmountStatus
05 Dec 2020State Bank Of India₹48.87 CrOpen
26 Aug 2011State Bank Of India₹48.87 CrOpen

How Many Employees Work at Millennium Vitrified Tiles?

Millennium Vitrified Tiles has a workforce of 15 employees as of Mar 23, 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 Vitrified Tiles, 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 Vitrified Tiles'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 Vitrified Tiles

Recent activity within the organization

  • Annual General Meeting

    Millennium Vitrified Tiles Private Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

    16 Aug 2024

  • Charges

    A charge with State Bank Of India of Rs. 48.87 Cr registered on 05 Dec 2020 with Charge ID 100415069 was modified on 15 Jul 2024.

    15 Jul 2024

  • Charges

    A charge with State Bank Of India of Rs. 48.87 Cr registered on 26 Aug 2011 with Charge ID 10307490 was modified on 15 Jul 2024.

    15 Jul 2024

  • Balance Sheet

    Millennium Vitrified Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Shivani Jakhotiya was appointed as a Company Secretary was appointed as a Company Secretary on 04 Mar 2024 & has been associated with this company since 11 months 19 days .

    04 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 48.87 Cr with Charge ID 100415069 was registered on 05 Dec 2020.

    05 Dec 2020

Frequently asked questions

  • Millennium Vitrified Tiles Private Limited was incorporated on 12 Jan 2011.

  • The authorized share capital of Millennium Vitrified Tiles Private Limited is ₹ 17.50 Cr and paid-up capital is ₹ 17.12 Cr.

  • Currently 6 directors are associated with Millennium Vitrified Tiles Private Limited.

    • Mansukhlal Polabhai Koradiya
    • Dineshbhai Muljibhai Patel
    • Kunal Dineshbhai Patel
    • Deep Dineshbhai Patel
    • Shivani Jakhotiya
    • Rakesh Ranchhodbhai Koradiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Millennium Vitrified Tiles Private Limited is C/O Maruti Gold Industries 8-A National Highway Opp. Omkar Petrole Um, Lalpar India, Morbi, Gujarat, 363642.

  • The corporate identification number (CIN) of Millennium Vitrified Tiles Private Limited is U26933GJ2011PTC063633 and the company number is 063633 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Millennium Vitrified Tiles Private Limited is https://www.millenniumtiles.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Millennium Vitrified Tiles Private Limited has risen by 46.40%.

  • As Per 2021 financial reports, 15 employees are currently employed by Millennium Vitrified Tiles Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Millennium Vitrified Tiles Private Limited has experienced an upsurge of 17.10%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Millennium Vitrified Tiles Private Limited amount to ₹ 97.74 Cr.

  • The most recent Balance Sheet for Millennium Vitrified Tiles Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Ceramics