Milan Infotech Private Limited

Milan Infotech Private Limited - information technology in Girinagar, Karnataka, India. FY 2026 financials & compliance.
CIN U72400KA2008PTC045261 Incorporated 12 February 2008 ROC Bangalore HQ Girinagar, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2020
₹3.1 Lakh
▼ 70% YoY
Net loss · FY 2020
₹7.17 Lakh
Net margin -231.2%
EBITDA · FY 2020
₹66,855
EBITDA margin 21.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
5
Provident fund records
Directors on board
2
As per MCA filings

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

CIN U72400KA2008PTC045261
Registration Number 045261
Incorporation Date 12 February 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0214471

Recognitions & Rankings of Milan Infotech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-KR-03-0214471

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
  • Registered Address
    No 6 2nd Floor Vanasuma 80 Feet Road 2nd Phase, Girinagar, Karnataka, India – 560085
  • Industry
    Information Technology, Application Development & Software Solutions, IT Consulting & Support Services

To see the full contact details of Milan Infotech Private Limited, buy the company report.

Comprehensive company report
Milan Infotech Private Limited - one report that includes everything
  • 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
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Brands

Milan Infotech operates one associated brand: Milan Infotech. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other 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 available

Milan Infotech Private Limited reported revenue of ₹3.1 Lakh (down 70% YoY) for FY 2020.

Revenue · FY 2020
₹3.1 Lakh ▼ 70%
Net loss · FY 2020
₹7.17 Lakh margin -231.2%
EBITDA · FY 2020
₹66,855 margin 21.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 57%
5 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 40%
5 years · compounded
▼ 19%

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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹3.1 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹66,855
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.17 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin21.6%
Net Profit Margin-231.2%
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Preeti Prabhakar JanwadkarDirector29 Jun 20188 Years 3 MonthsCurrent
Basavaraj Mareppa ChalawadiDirector30 Sep 201412 Years 0 MonthsCurrent

Auditor

Milan Infotech Private Limited is audited by P M ANANDA & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
P M ANANDA & COFY 2020009050S

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 categoryFY 2020FY 2017FY 2016FY 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.

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.

Employee count
5
Active EPFO establishments
1
Employee growth
25%

GST

Milan Infotech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICM1475C1ZHKarnatakaActive01 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.

AGM
Milan Infotech Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Milan Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Preeti Prabhakar Janwadkar was appointed as Director.
Ceased
Sanjeevakumar Maliyappa Kubakaddi ceased to be Director.
Appointed
Basavaraj Mareppa Chalawadi was appointed as Director.
Ceased
Bhagyashree Patil ceased to be Director.
Ceased
Shivanand Sidramappa Patil ceased to be Director.
Incorporation
12 Feb 2008
Milan Infotech Private Limited was registered on 12 Feb 2008 with Roc Bangalore & aged 18 years 8 months as per MCA records.

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:

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.