Milan Polyclinic Private Limited
About Milan Polyclinic Private Limited
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Milan Polyclinic Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 29 November 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH1989PTC054427.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishpala Ravi Parthasarthy and Vibha Kantilal Shah.
Its last annual general meeting (AGM) was held on 22 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hill – H – Sea 72 Pali Road Bandra West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2023, the company reported a revenue of ₹32,666, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹47,768 (net margin -146.2%) and EBITDA of -₹47,768 (EBITDA margin -146.2%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Milan Polyclinic Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressHill – H – Sea 72 Pali Road Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Milan Polyclinic Private Limited, buy the company report.
- 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
Business activity
The main business activity of Milan Polyclinic is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q2 | Medical and dental practice, Nursing, pathology, blood bank services, etc. |
To see the full business activity and turnover split of Milan Polyclinic Private Limited, buy the company report.
Financials of Milan Polyclinic Private Limited
FY 2023 filings availableMilan Polyclinic Private Limited reported revenue of ₹32,666 (down 83% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 83% fall in the latest year. EBITDA rose 88% 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
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| EBITDA | -₹47,768 | ||||
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| Net Profit (PAT) | -₹47,768 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -146.2% | ||||
| Net Profit Margin | -146.2% | ||||
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To see the full financial statements and ratios of Milan Polyclinic Private Limited, buy the company report.
Board of directors of Milan Polyclinic Private Limited
Milan Polyclinic has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishpala Ravi Parthasarthy | Director | 29 Nov 1989 | 36 Years 11 Months | Current |
| Vibha Kantilal Shah | Director | 29 Sep 2000 | 26 Years 1 Months | Current |
Auditor
Milan Polyclinic Private Limited is audited by PATEL & DEODHAR for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATEL & DEODHAR | FY 2019 | 107644W |
Shareholding
The shareholding of Milan Polyclinic Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Milan Polyclinic Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Milan Polyclinic Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Milan Polyclinic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Milan Polyclinic Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milan Polyclinic Private Limited has 2 board changes on record since 1989: 2 appointments. The latest: Vibha Kantilal Shah was appointed as Director on 29 Sep 2000.
Frequently asked questions
Milan Polyclinic is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 29 November 1989 (37+ years old) and is registered under CIN U85110MH1989PTC054427.
Milan Polyclinic has 2 current directors:
- Vishpala Ravi Parthasarthy - Director
- Vibha Kantilal Shah - Director
The latest financial statements of Milan Polyclinic on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Milan Polyclinic is U85110MH1989PTC054427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milan Polyclinic was incorporated on 29 November 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Vibha Kantilal Shah was appointed as Director on 29 Sep 2000. Vishpala Ravi Parthasarthy was appointed as Director on 29 Nov 1989.
The registered office of Milan Polyclinic is at Hill – H – Sea 72 Pali Road Bandra West, Mumbai, Maharashtra, India – 400050.
Milan Polyclinic operates in the healthcare industry, in the medical equipment retail and distribution segment.
The compliance status of Milan Polyclinic is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.
Milan Polyclinic can be reached at its registered office: Hill – H – Sea 72 Pali Road Bandra West, Mumbai, Maharashtra, India – 400050.
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