Milam Sales Enterprises Private Limited - Company Profile

It is a trading private limited company based in Chennai, Tamil Nadu, India, established in 1994.
1994 Chennai, Tamil Nadu, India Active
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About Milam Sales Enterprises Private Limited

Milam Sales Enterprises Private Limited, a active private limited company, was established on 22 November 1994 in Chennai, Tamil Nadu, India. Engaging in other wholesale within the trade sector, it holds CIN: U52599TN1994PTC029302. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹6.16 M.

Formerly known as Myca Sales Private Limited, Expresso Home Appliances Private Limited. It upholds a compliant status. Its leadership includes Esha Srisrimal (Director), Narendra Kumar Srisrimal (Director), Aayush Srisrimal (Director). Past directors included Jugraj Jain Kesarimalji Jain, Lalsingh, Jugrajji Jain Praveen Kumar. It holds ₹21.50 Cr open charges and ₹16.60 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.18, Old Slaughters House Road, Choolai, Chennai, Tamil Nadu, 600112.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U52599TN1994PTC029302

  • Registration Number

    029302

  • Incorporation Date

    22 November 1994

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹6.16 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 6.16 M
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.50 Cr
  • Satisfied Charges ₹ 16.60 Cr
  • Revenue Growth **** 82.30%
  • Profit Growth **** 132.02%
  • Ebitda **** 23.75%
  • Net Worth 29.10%
  • Total Assets **** 23.98%
Company report

Milam Sales Enterprises Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Milam Sales Enterprises Private 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 Milam Sales Enterprises Private Limited?
Current Directors
Name Designation Appointment Date Status
Esha Srisrimal Director 01 Dec 2022 Current
Narendra Kumar Srisrimal Director 04 Jun 2018 Current
Aayush Srisrimal Director 10 Jul 2019 Current
Asmitha Srisrimal Director 08 Sep 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Sep 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director 08 Jan 2015 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past

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Financial Performance of Milam Sales Enterprises.

Milam Sales Enterprises Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.3% increase. The company also saw a substantial improvement in profitability, with a 132.02% increase in profit. The company's net worth Soared by an impressive increase of 29.1%.

Milam Sales Enterprises revenue growth over time
Milam Sales Enterprises profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 82.30%
*******
*******
*******
*******
Revenue from Operations
*******
 82.14%
*******
*******
*******
*******
Total Assets
*******
 23.98%
*******
*******
*******
*******
Profit or Loss
*******
 132.02%
*******
*******
*******
*******
Net Worth
*******
 29.10%
*******
*******
*******
*******
EBITDA
*******
 23.75%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Milam Sales Enterprises?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹215,000,000.00

Satisfied Charges

₹166,000,000.00

Charges Breakdown by Lending Institutions
  • The Hongkong And Shanghai Banking Corporation Limited : 21.50 Cr
Latest Charge Details
Date Lender Amount Status
09 Aug 2021 The Hongkong And Shanghai Banking Corporation Limited ₹21.50 Cr Open
01 Oct 2019 Citi Bank N.A. ₹4.00 Cr Satisfied
01 Oct 2019 Citi Bank N.A. ₹10.50 Cr Satisfied
22 Jul 2019 Citi Bank N.A. ₹2.00 Cr Satisfied
28 Jan 1999 Canara Bank ₹1.00 M Satisfied

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How Many Employees Work at Milam Sales Enterprises?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milam Sales Enterprises, 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 Milam Sales Enterprises's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Milam Sales Enterprises
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Milam Sales Enterprises Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Milam Sales Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 21.50 Cr registered on 09 Aug 2021 with Charge ID 100474142 was modified on 16 Aug 2023. was recorded as a recent event.

  • Director Appointment

    The activity Esha Srisrimal was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 3 years 2 months . was completed.

  • Charges

    A charge registered on 01 Oct 2019 via Charge ID 100297173 with Citi Bank N.A. was fully satisfied on 23 Nov 2021. was recorded as a recent event.

  • Charges

    The activity A charge registered on 01 Oct 2019 via Charge ID 100297174 with Citi Bank N.A. was fully satisfied on 23 Nov 2021. was completed.

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Frequently Asked Questions
What is the CIN of Milam Sales Enterprises Private Limited?

The CIN of Milam Sales Enterprises Private Limited is U52599TN1994PTC029302.

Where is Milam Sales Enterprises Private Limited headquartered?

Milam Sales Enterprises Private Limited is headquartered at No.18, Old Slaughters House Road, Choolai, Chennai, Tamil Nadu, 600112.

When was Milam Sales Enterprises Private Limited incorporated?

Milam Sales Enterprises Private Limited was incorporated on 22 November 1994.

Who are the current directors of Milam Sales Enterprises Private Limited?

The current directors of Milam Sales Enterprises Private Limited are

What is the primary industry of Milam Sales Enterprises Private Limited?

The primary industry of Milam Sales Enterprises Private Limited is Trade.

Is Milam Sales Enterprises Private Limited a listed company?

Milam Sales Enterprises Private Limited is unlisted.

What is the capital structure of Milam Sales Enterprises Private Limited?

The authorized capital of Milam Sales Enterprises Private Limited is ₹2.50 Cr, and the paid-up capital is ₹6.16 M.

What is the compliance status of Milam Sales Enterprises Private Limited?

The compliance status of Milam Sales Enterprises Private Limited is Compliant.

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