Milltec Machinery Profile
Key Indicators
- Authorised Capital ₹ 2,572.31 Cr
- Paid Up Capital ₹ 2,571.96 Cr
- Company Age 5 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.50 Cr
- Satisfied Charges ₹ 65.00 Cr
- Revenue Growth 36.69%
- Profit Growth 202.58%
- Ebitda 51.80%
- Net Worth 22.09%
- Total Assets 9.49%
About Milltec Machinery
Milltec Machinery Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 March 2019 (Five years and ten months 28 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Z-Agi Agricultural Equipment (India) Private Limited. The Company is engaged in the Machinery And Equipment 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 2,572.31 Cr and a paid-up capital of Rs 2,571.96 Cr.
The company currently has active open charges totaling ₹43.50 Cr. The company has closed loans amounting to ₹65.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Milltec Machinery Private Limited India are Rajan Agarwal as Ceo, Devanand Achuthan as Cfo, and Saikat Ray as Company Secretary. Noam Silberstein, Ryan Kipp, Rajan Aggarwal, and One other member serve as directors at the Company.
Company Details
-
Location
Bangaluru, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U29299KA2019PTC122150
-
Company No.
122150
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
06 Mar 2019
-
Date of AGM
19 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
What products or services does Milltec Machinery Private Limited offer?
Milltec Machinery Private Limited offers a wide range of products and services, including Food Grains & Nut Processing Machine, Rice Mill Machinery, Pulses Processing Machine, Husk Aspirator, Grain Processing Machines, Grain Pre-Cleaner, Flow Controllers, Mass Flow Controllers, Form Fill & Seal Machines, Granules Packing Machine.
Who are the key members and board of directors at Milltec Machinery?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajan Agarwal
|
CEO | 27-Jul-2020 | Current |
|
Devanand Achuthan
|
CFO | 27-Jul-2020 | Current |
|
Saikat Ray
|
Company Secretary | 10-Sep-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ryan Kipp
|
Director | 27-Jul-2020 | Current |
|
Noam Silberstein
|
Director | 27-Jul-2020 | Current |
|
Rajan Aggarwal
|
Director and Ceo | 03-Nov-2022 | Current |
Paul Householder
|
Director | 06-Dec-2022 | Current |
Financial Performance of Milltec Machinery.
Milltec Machinery Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.69% increase. The company also saw a substantial improvement in profitability, with a 202.58% increase in profit. The company's net worth Soared by an impressive increase of 22.09%.
- 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 Milltec Machinery?
In 2024, Milltec Machinery had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹43.50 Cr
₹65.00 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 43.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2020 | The Hongkong And Shanghai Banking Corporation Limited | ₹43.50 Cr | Open |
| 30 Jan 2015 | State Bank Of India | ₹65.00 Cr | Satisfied |
How Many Employees Work at Milltec Machinery?
Unlock and access historical data on people associated with Milltec Machinery, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
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
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.
