It is a financial services private limited company based in Bangalore, Karnataka, India, established in 1983.
1983 | Bangalore, Karnataka, India | ActiveMilan Business Associates Private Limited, a active private limited company, was established on 08 September 1983 in Bangalore, Karnataka, India. Engaging in real estate financing within the professional, scientific and technical sector, it holds CIN: U67120KA1983PTC011241. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.95 Cr and a paid-up capital of ₹3.79 Cr.
It upholds a compliant status. Employing 3 professional, Its leadership includes Komal Saumil Shah (Additional Director), Varsha Ashwin Shah (Whole-Time Director). Past directors included Ashwin Jayantilal Shah, Seema Shripad Joshi, Komal Saumil Shah. It holds ₹189.06 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 39, Cunningham Road Cross, Bangalore, Karnataka, 560052.
U67120KA1983PTC011241
011241
08 September 1983
₹4.95 Cr
₹3.79 Cr
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Komal Saumil Shah | Additional Director | 30 Apr 2025 | Current |
| Varsha Ashwin Shah | Whole-Time Director | 01 Mar 2012 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 21 Aug 2007 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2023 | Past |
| Pramod Abcsdd | Director | 12 Aug 2009 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2012 | Past |
| Pramod Abcsdd | Whole-Time Director | 01 Oct 2019 | Past |
| Pramod Abcsdd | Director | 01 Mar 2012 | Past |
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Milan Business Associates Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 10.42% increase. The company also saw a substantial fall in profitability, with a 12.54% decrease in profit. The company's net worth moved up by a moderate rise of 2.56%.
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In 2023, Milan Business Associates had a public holding of 100.01%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹1,890,624,060.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2025 | Others | ₹50.00 Cr | Open |
| 09 Jun 2025 | Others | ₹25.00 Cr | Open |
| 09 Jun 2025 | Axis Bank Limited | ₹78.50 Cr | Open |
| 09 Jun 2025 | Others | ₹35.00 Cr | Open |
| 29 Jul 2024 | Others | ₹5.62 M | Open |
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Milan Business Associates has a workforce of 3 employees as of Apr 03, 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.
Gain comprehensive insights into the Deals and Valuation data of Milan Business Associates, 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 Milan Business Associates's trajectory.
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Progress on A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101148946 was registered on 09 Jun 2025. was documented.
The activity A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101132686 was registered on 09 Jun 2025. was completed.
The activity A charge with Axis Bank Limited amounted to Rs. 78.50 Cr with Charge ID 101128477 was registered on 09 Jun 2025. was completed.
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 101126891 was registered on 09 Jun 2025. was recorded as a recent event.
The activity Komal Saumil Shah was appointed as a Additional Director was appointed as a Additional Director on 30 Apr 2025 & has been associated with this company since 6 months 27 days . was completed.
Progress on Milan Business Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
The CIN of Milan Business Associates Private Limited is U67120KA1983PTC011241.
Milan Business Associates Private Limited is headquartered at 39, Cunningham Road Cross, Bangalore, Karnataka, 560052.
Milan Business Associates Private Limited was incorporated on 08 September 1983.
The current directors of Milan Business Associates Private Limited are
The primary industry of Milan Business Associates Private Limited is Professional, Scientific And Technical.
Milan Business Associates Private Limited is unlisted.
The authorized capital of Milan Business Associates Private Limited is ₹4.95 Cr, and the paid-up capital is ₹3.79 Cr.
The compliance status of Milan Business Associates Private Limited is Compliant.
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