- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0214471

About Milan Infotech Private Limited
Data last updated:
Milan Infotech Private Limited is a private limited company based in Girinagar, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400KA2008PTC045261. Its GSTIN is 29AAICM1475C1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Preeti Prabhakar Janwadkar and Basavaraj Mareppa Chalawadi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No 6 2nd Floor Vanasuma 80 Feet Road 2nd Phase, Girinagar, Karnataka, India – 560085.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.1 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹7.17 Lakh (net margin -231.2%) and EBITDA of ₹66,855 (EBITDA margin 21.6%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 42% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Milan Infotech.
Milan Infotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0214471). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milan-infotech.com.
Company details
Recognitions & Rankings of Milan Infotech
Contact details
Milan Infotech Private Limited's registered office is in Girinagar, Karnataka. Its website is milan-infotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 6 2nd Floor Vanasuma 80 Feet Road 2nd Phase, Girinagar, Karnataka, India – 560085
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Milan Infotech Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Milan Infotech operates one associated brand: Milan Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT services including cloud computing, embedded systems, and engineering solutions. | milan-infotech.com |
Business activity
The main business activity of Milan Infotech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Milan Infotech Private Limited, buy the company report.
Financials of Milan Infotech Private Limited
FY 2020 filings availableMilan Infotech Private Limited reported revenue of ₹3.1 Lakh (down 70% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 70% fall in the latest year. EBITDA rose 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.1 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | ₹66,855 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.6% | ||||
| Net Profit Margin | -231.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Milan Infotech Private Limited, buy the company report.
Board of directors of Milan Infotech Private Limited
Milan Infotech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preeti Prabhakar Janwadkar | Director | 29 Jun 2018 | 8 Years 3 Months | Current |
| Basavaraj Mareppa Chalawadi Also directs: Zoyinfinity Hospitality Private Limited | Director | 30 Sep 2014 | 12 Years 0 Months | Current |
Auditor
Milan Infotech Private Limited is audited by P M ANANDA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M ANANDA & CO | FY 2020 | 009050S |
Shareholding
The shareholding of Milan Infotech Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Milan Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Milan Infotech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Milan Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Milan Infotech Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Milan Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM1475C1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Milan Infotech Private Limited, buy the company report.
Recent activity
Milan Infotech Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Preeti Prabhakar Janwadkar was appointed as Director on 29 Jun 2018.
Frequently asked questions
Milan Infotech is an active private limited company based in Girinagar, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 February 2008 (18+ years old) and is registered under CIN U72400KA2008PTC045261.
Milan Infotech has 2 current directors:
- Preeti Prabhakar Janwadkar - Director
- Basavaraj Mareppa Chalawadi - Director
The latest financial statements of Milan Infotech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Milan Infotech is 29AAICM1475C1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Milan Infotech is U72400KA2008PTC045261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milan Infotech was incorporated on 12 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Preeti Prabhakar Janwadkar was appointed as Director on 29 Jun 2018. Sanjeevakumar Maliyappa Kubakaddi ceased to be Director on 29 Jun 2018. Basavaraj Mareppa Chalawadi was appointed as Director on 30 Sep 2014. Milan Infotech has 5 board changes on record in total.
Yes, Milan Infotech is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0214471).
Milan Infotech can be reached through the website milan-infotech.com. Its registered office is in Girinagar, Karnataka, India.
The registered office of Milan Infotech is at No 6 2nd Floor Vanasuma 80 Feet Road 2nd Phase, Girinagar, Karnataka, India – 560085.