
Milan Polymers Private Limited
About Milan Polymers Private Limited
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Milan Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 17 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2000PTC027087.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Deepak Makkad and Ashok Kumar Singh.
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 No.3 3rd Cross Lalbagh Road Near Maruti Garuda Showroom, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6,604 (net margin 0.4%) and EBITDA of ₹96,245 (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 195% over three years and 66% over five years.
As per MCA filings, the company has satisfied charges of ₹23.11 Lakh on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Milan Polymers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.3 3rd Cross Lalbagh Road Near Maruti Garuda Showroom, Bangalore, Karnataka, India – 560027
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Milan Polymers 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
Financials of Milan Polymers Private Limited
FY 2025 filings availableMilan Polymers Private Limited reported revenue of ₹14.9 Lakh (up 914% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 914% growth in the latest year. EBITDA rose 12% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹96,245 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6,604 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Milan Polymers Private Limited, buy the company report.
Board of directors of Milan Polymers Private Limited
Milan Polymers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Makkad | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Ashok Kumar Singh Also directs: Murari Trading Private Limited, Adinay Commercial Private Limited, Sanatanaya Commercial Private Limited and 5 more | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Milan Polymers Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Riviera Overseas Pvt Ltd | ₹15.07 Lakh (FY 2025) | -15.0% | Ahmedabad, Gujarat, India | |||
| Harpoon Plastochem Industries Pvt Ltd | ₹15.03 Lakh (FY 2024) | -22.0% | Mumbai, Maharashtra, India | |||
| Nyman Specialty Chemicals Private Limited | ₹15.03 Lakh (FY 2025) | Bhiwandi, Maharashtra, India | ||||
| Maruti Foam Private Limited | ₹15 Lakh (FY 2024) | 0.0% | Delhi, India | |||
| Herringer Bright Chemicals Pvt Ltd | ₹14.95 Lakh (FY 2025) | -21.0% | Pune, Maharashtra, India | |||
| Milan Polymers Private Limitedthis company | ₹14.9 Lakh (FY 2025) | ₹6,604 | 0.4% | 914.0% | Bangalore, Karnataka, India | |
| Shree Somnath Hi Tech Polymers Industries Private Limited | ₹14.85 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Mouldcraft (India) Private Limited | ₹14.83 Lakh (FY 2025) | -41.0% | Delhi, India | |||
| Vikramsila Industries Private Limited | ₹14.81 Lakh (FY 2025) | -93.0% | Kolkata, West Bengal, India | |||
| Alliance Petroplast Private Limited | ₹14.58 Lakh (FY 2024) | Ballabgarh, Haryana, India | ||||
| Wipe Polymers & Neo Innovative Ventures Private Limited | ₹14.57 Lakh (FY 2024) | 27.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Milan Polymers Private Limited, buy the company report.
Auditor
Milan Polymers Private Limited is audited by BINAY KUMAR AND CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BINAY KUMAR AND CO | FY 2019 | 013309S |
Shareholding
The shareholding of Milan Polymers 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 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Milan Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2004 | 80055503 | Lord Krishna Bank Limited | ₹3.11 Lakh | Satisfied | |
| 08 Jul 2004 | 80055504 | Lord Krishna Bank Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Milan Polymers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Milan Polymers Private Limited has 6 court cases on record: 2 filed by Milan Polymers, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against The Executive Director Karnataka Forest Development Corporation Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against The Executive Director Karnataka Forest Development Corporation Ltd and 1 other | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Milan Polymers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Milan Polymers 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 Polymers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milan Polymers Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Ashok Kumar Singh ceased to be Additional Director on 29 Sep 2019.
5 earlier events are in the company report.
Frequently asked questions
Milan Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 17 May 2000 (26+ years old) and is registered under CIN U25209KA2000PTC027087.
Milan Polymers has 2 current directors:
- Deepak Makkad - Director
- Ashok Kumar Singh - Director
The latest financial statements of Milan Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Milan Polymers is U25209KA2000PTC027087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milan Polymers has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the district courts.
Milan Polymers was incorporated on 17 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Milan Polymers by revenue are Riviera Overseas Pvt Ltd, Harpoon Plastochem Industries Pvt Ltd, Nyman Specialty Chemicals Private Limited, Maruti Foam Private Limited, Herringer Bright Chemicals Pvt Ltd and 5 more, all in the Manufacturing industry (Plastics and Resins, Polymers).
Ashok Kumar Singh ceased to be Additional Director on 29 Sep 2019. Deepak Makkad ceased to be Additional Director on 29 Sep 2019. Rakesh Kumar ceased to be Director on 22 Mar 2019. Milan Polymers has 10 board changes on record in total.
The registered office of Milan Polymers is at No.3 3rd Cross Lalbagh Road Near Maruti Garuda Showroom, Bangalore, Karnataka, India – 560027.
Milan Polymers operates in the manufacturing industry, in the plastic and resins segment.
Milan Polymers has no open charges and satisfied charges of ₹23.11 Lakh as per latest MCA filings.

