Millennium Information Technologies (India) Private Limited
About Millennium Information Technologies (India) Private Limited
Data last updated:
Millennium Information Technologies (India) Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Millennium Information Technologies (P. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the business support services segment of the business services sector. It was incorporated on 09 October 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2009FTC196389. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Yogen Karumbaya and Sharananand Anant Sukerkar.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at One World Center 12th Floor Tower 1 841 Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2023, the company reported a revenue of ₹71.55 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹61.05 Lakh (net margin 85.3%) and EBITDA of ₹61.02 Lakh (EBITDA margin 85.3%). Revenue has grown at a compounded annual rate (CAGR) of 342% over three years.
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- Registered AddressOne World Center 12th Floor Tower 1 841 Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Services, Business Support Services
- 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
- One PDF report, delivered after checkout
Financials of Millennium Information Technologies (India) Private Limited
FY 2023 filings availableMillennium Information Technologies (India) Private Limited reported revenue of ₹71.55 Lakh (up 7593% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 342% over three years. EBITDA rose 734% 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹71.55 Lakh | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹61.02 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹61.05 Lakh | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 85.3% | |
| Net Profit Margin | 85.3% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2018-19 to FY 2021-22, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Millennium Information Technologies (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Millennium Information Technologies (India) Private Limited
Millennium Information Technologies (India) has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogen Karumbaya | Director | 28 Jul 2023 | 3 Years 2 Months | As last reported |
| Sharananand Anant Sukerkar Also directs: Refinitiv India Private Limited | Director | 30 Sep 2022 | 4 Years 0 Months | As last reported |
| Vasudevan Gopu | Irp/Rp/Liquidator | 28 May 2024 | 2 Years 4 Months | As last reported |
Auditor Details
Millennium Information Technologies (India) Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Millennium Information Technologies (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Millennium Information Technologies (India).
: available in the company report
Recent Activity
Millennium Information Technologies (India) Private Limited has 11 board changes on record since 2012: 3 appointments and 8 cessations. The latest: Vasudevan Gopu was appointed as Irp/Rp/Liquidator on 28 May 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Millennium Information Technologies (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Millennium Information Technologies (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Millennium Information Technologies (India) is a company under liquidation, formerly operating as a foreign private limited company based in Mumbai, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 09 October 2009 and is registered under CIN U72200MH2009FTC196389. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Millennium Information Technologies (India) has 3 current directors:
- Yogen Karumbaya - Director
- Sharananand Anant Sukerkar - Director
- Vasudevan Gopu - Irp/Rp/Liquidator
The latest financial statements of Millennium Information Technologies (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Millennium Information Technologies (India) is U72200MH2009FTC196389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millennium Information Technologies (India) was incorporated on 09 October 2009. It is registered with the Registrar of Companies, Mumbai.
Vasudevan Gopu was appointed as Irp/Rp/Liquidator on 28 May 2024. Yogen Karumbaya was appointed as Director on 28 Jul 2023. Paresh Prakash Hede ceased to be Director on 30 Jun 2023. Millennium Information Technologies (India) has 11 board changes on record in total.
The registered office of Millennium Information Technologies (India) is at One World Center 12th Floor Tower 1 841 Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
No. Millennium Information Technologies (India) has 1 GST registration on record and it is cancelled or inactive.
Millennium Information Technologies (India) operates in the business services industry, in the business support services segment.