Milltec Machinery Limited Company Logo

Milltec Machinery Limited - Company Profile

It is a machinery and equipment public limited company based in Karnataka, Karnataka, India, established in 1998.

1998 | Karnataka, Karnataka, India | Amalgamated
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About Milltec Machinery Limited

Milltec Machinery Limited, a amalgamated public limited company, was established on 28 August 1998 in Karnataka, Karnataka, India. Engaging in process machinery & industrial equipment within the manufacturing sector, it holds CIN: U85110KA1998PLC024139. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹10.00 Cr.

Formerly known as Milltec Machinery Private Limited. It upholds a compliant status. Employing 415 professional, Its leadership includes Rajendran Joghee (Managing Director), Ryan Gordon Kipp (Director), Noam Silberstein (Director). Past directors included Rajendran Joghee, Prakash Kulathu Iyer, Sridhar Sankararaman. It holds no open charges and ₹80.44 Cr settled loans. Its latest AGM occurred on 03 August 2019, with the balance sheet filed on 31 March 2019. It is based at No 51/A Phas1 Kiadbe Indl Areabommasandra Bangalore, Karnataka, Karnataka, 560099.

Company Details

  • CIN/LLPIN

    U85110KA1998PLC024139

  • Registration Number

    024139

  • Incorporation Date

    28 August 1998

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹10.00 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 80.44 Cr
  • Revenue Growth 15.00%
  • Profit Growth -40.76%
  • Ebitda 9.74%
  • Net Worth 5.53%
  • Total Assets 6.12%
Company report

Milltec Machinery Limited

Company Report FY 2025-2026

Explore comprehensive insights into Milltec Machinery Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Milltec Machinery Limited?

Current Directors

NameDesignationAppointment DateStatus
Rajendran JogheeManaging Director28 Aug 1998Current
Ryan Gordon KippDirector31 Jul 2019Current
Noam SilbersteinDirector31 Jul 2019Current
Nicolle ParkerAdditional Director31 Jul 2019Current
Rajan AggarwalCeo14 Jun 2018Current
Prabhakar TadepalliDirector23 Jul 2013Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director28 Mar 2019Past
Pramod AbcsddDirector28 Mar 2019Past
Pramod AbcsddNominee Director28 Mar 2019Past
Pramod AbcsddWhole-Time Director05 Jun 2013Past
Pramod AbcsddDirector28 Mar 2019Past
Pramod AbcsddDirector19 Apr 2018Past

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Financial Performance of Milltec Machinery.

Milltec Machinery Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 15% increase. The company also saw a substantial fall in profitability, with a 40.76% decrease in profit. The company's net worth moved up by a moderate rise of 5.53%.

Milltec Machinery revenue growth over time
Milltec Machinery 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
15.00%
Revenue from Operations
14.91%
Total Assets
6.12%
Profit or Loss
-40.76%
Net Worth
5.53%
EBITDA
9.74%

What is the Ownership and Shareholding Structure of Milltec Machinery?

In 2019, Milltec Machinery had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹804,400,000.00

Charges Breakdown by Lending Institutions

  • L & T Finance Limited : 70.00 Cr
  • State Bank Of India : 9.14 Cr
  • Sundaram Home Finance Limited : 1.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 May 2013L & T Finance Limited₹35.00 CrSatisfied
30 May 2013L & T Finance Limited₹35.00 CrSatisfied
28 Jan 2009State Bank Of India₹1.50 CrSatisfied
22 Sep 2006State Bank Of India₹1.04 CrSatisfied
26 Jul 2006Sundaram Home Finance Limited₹1.30 CrSatisfied

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How Many Employees Work at Milltec Machinery?

Milltec Machinery has a workforce of 415 employees as of Apr 11, 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.

Employee growth trends for Milltec Machinery Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milltec Machinery, 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 Milltec Machinery'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 Milltec Machinery

Recent Activity within the Organization

  • Director Appointment

    Progress on Avijit Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 27 Feb 2020 & has been associated with this company since 5 years 9 months . was documented.

  • Annual General Meeting

    Milltec Machinery Limited last Annual general meeting of members was held on 03 Aug 2019 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Ryan Gordon Kipp was appointed as a Director was appointed as a Director on 31 Jul 2019 & has been associated with this company since 6 years 4 months . was recorded as a recent event.

  • Director Appointment

    The activity Noam Silberstein was appointed as a Director was appointed as a Director on 31 Jul 2019 & has been associated with this company since 6 years 4 months . was completed.

  • Director Appointment

    Progress on Nicolle Parker was appointed as a Additional Director was appointed as a Additional Director on 31 Jul 2019 & has been associated with this company since 6 years 4 months . was documented.

  • Balance Sheet

    The activity Milltec Machinery Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Milltec Machinery Limited?

    The CIN of Milltec Machinery Limited is U85110KA1998PLC024139.

  • Where is Milltec Machinery Limited headquartered?

    Milltec Machinery Limited is headquartered at No 51/A Phas1 Kiadbe Indl Areabommasandra Bangalore, Karnataka, Karnataka, 560099.

  • When was Milltec Machinery Limited incorporated?

    Milltec Machinery Limited was incorporated on 28 August 1998.

  • Who are the current directors of Milltec Machinery Limited?

    The current directors of Milltec Machinery Limited are

  • What is the primary industry of Milltec Machinery Limited?

    The primary industry of Milltec Machinery Limited is Manufacturing.

  • Is Milltec Machinery Limited a listed company?

    Milltec Machinery Limited is unlisted.

  • What is the capital structure of Milltec Machinery Limited?

    The authorized capital of Milltec Machinery Limited is ₹15.00 Cr, and the paid-up capital is ₹10.00 Cr.

  • What is the compliance status of Milltec Machinery Limited?

    The compliance status of Milltec Machinery Limited is Compliant.

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