Milan Micro Credit
About Milan Micro Credit
Data last updated:
Milan Micro Credit is a private not for profit company based in Varanasi, Uttar Pradesh, India. It operates in the service-based operations segment of the services sector. It was incorporated on 08 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U93000UP2013NPL060499.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunita Devi and Sarvesh Yadav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Village – Navapura Post – Sathawa Sarnath, Varanasi, Uttar Pradesh, India – 221007.
As per the financials filed for FY 2024, the company reported a revenue of ₹66,787, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹1,327 (net margin -2%) and EBITDA of -₹1,327 (EBITDA margin -2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressVillage – Navapura Post – Sathawa Sarnath, Varanasi, Uttar Pradesh, India – 221007
- IndustryService, Other 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
Business Activity of Milan Micro Credit
The main business activity of Milan Micro Credit is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Milan Micro Credit FY 2025 filings available
Milan Micro Credit reported revenue of ₹66,787 (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Milan Micro Credit
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 35% growth in the latest year. EBITDA rose 34% 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 of Milan Micro Credit
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1,327 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,327 | •••• | •••• | •••• | •••• |
| 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 of Milan Micro Credit
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots 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 Milan Micro Credit 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
Verified entity values are shown only after access is granted.
Board of Directors of Milan Micro Credit
Milan Micro Credit has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Devi | Director | 01 Feb 2014 | 12 Years 8 Months | Current |
| Sarvesh Yadav | Director | 08 Nov 2013 | 12 Years 11 Months | Current |
Peer Comparison of Milan Micro Credit
Milan Micro Credit is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premium Venture Private Limited | ₹67,003 (FY 2024) | •••• | •••• | 12.0% | •••• | Udaipur, Rajasthan, India |
| Bensilal John Chit Fund Private Limited | ₹67,000 (FY 2019) | •••• | •••• | 347.0% | •••• | Thiruvananthapuram, Kerala, India |
| Park N View Viniyog Pvt Ltd | ₹66,975 (FY 2020) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Bholeshankar Finsec Private Limited | ₹66,860 (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Sree Padmaroopa Chits India Private Limited | ₹66,829 (FY 2023) | •••• | •••• | -80.0% | •••• | Nilgiris, Tamil Nadu, India |
| Milan Micro Credit this company | ₹66,787 (FY 2024) | •••• | •••• | 35.0% | •••• | Varanasi, Uttar Pradesh, India |
| Urban Life India Nidhi Limited | ₹66,708 (FY 2023) | •••• | •••• | •••• | Nellanad, Kerala, India | |
| Nest Trading and Services Private Limited | ₹66,680 (FY 2024) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| STJ Nidhi Limited | ₹66,665 (FY 2023) | •••• | •••• | -70.0% | •••• | Bhandup (W) Mumbai, Maharashtra, India |
| Shubhayog Nidhi Limited | ₹66,647 (FY 2020) | •••• | •••• | •••• | Udaipur, Rajasthan, India | |
| Logabharathig Benefit Fund Nidhi Limited | ₹66,519 (FY 2025) | •••• | •••• | -96.0% | •••• | Cuddalore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Milan Micro Credit by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Milan Micro Credit
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Milan Micro Credit
Milan Micro Credit does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Milan Micro Credit
Employment history and EPFO contributions of people linked to Milan Micro Credit.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Milan Micro Credit
Milan Micro Credit has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Shitla Prasad ceased to be Director on 31 Oct 2018.
Credit Ratings, Litigation & Regulatory Alerts for Milan Micro Credit
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Milan Micro Credit
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Milan Micro Credit
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Milan Micro Credit
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Milan Micro Credit
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Milan Micro Credit
Milan Micro Credit is an active private not for profit company based in Varanasi, Uttar Pradesh, India. The company works in other services, within the service industry. It was incorporated on 08 November 2013 (13+ years old) and is registered under CIN U93000UP2013NPL060499.
Milan Micro Credit reported revenue of ₹66,787 for FY 2024 (up 35% YoY).
Milan Micro Credit has 2 current directors:
- Sunita Devi - Director
- Sarvesh Yadav - Director
Milan Micro Credit reported a net loss of ₹1,327 (net margin -2%) and EBITDA of -₹1,327 (EBITDA margin -2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milan Micro Credit is 10% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 35%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Milan Micro Credit is U93000UP2013NPL060499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milan Micro Credit was incorporated on 08 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Milan Micro Credit by revenue are Premium Venture Private Limited, Bensilal John Chit Fund Private Limited, Park N View Viniyog Pvt Ltd, Bholeshankar Finsec Private Limited, Sree Padmaroopa Chits India Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Shitla Prasad ceased to be Director on 31 Oct 2018. Sunita Devi was appointed as Director on 01 Feb 2014. Sarvesh Yadav was appointed as Director on 08 Nov 2013.
The registered office of Milan Micro Credit is at Village – Navapura Post – Sathawa Sarnath, Varanasi, Uttar Pradesh, India – 221007.
Milan Micro Credit has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.