Milan Products LLP
About Milan Products LLP
Data last updated:
Milan Products LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 26 June 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAM-8696. Its GSTIN is 26ABJFM0128M1Z5 (Dadra and Nagar Haveli and Daman and Diu).
The LLP has a total obligation of contribution of ₹1.5 Lakh. It is led by designated partners including Hasmukh Keshavlal Thakkar and Yogini Hasmukh Thakkar.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 606 340 Mahalaxmi Centre S V Road Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹7.74 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹27.14 Lakh (net margin 3.5%) and EBITDA of ₹35.96 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The LLP has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹3.52 Cr and satisfied charges of ₹3.29 Cr on record. Court records list 1 case involving the LLP, including 1 filed against it.
Company details
Contact details
Milan Products LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address606 340 Mahalaxmi Centre S V Road Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Milan Products LLP, 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 Products LLP
FY 2024 filings availableMilan Products LLP reported revenue of ₹7.74 Cr (up 37% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 37% growth in the latest year. EBITDA fell 50% 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
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ||||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹27.14 Lakh | |||
| Profit Transferred to Partners | ||||
| Assets and Liabilities | ||||
| Partners' Contribution | ||||
| Reserves and Surplus | ||||
| Secured Loans | ||||
| Unsecured Loans | ||||
| Trade Payables | ||||
| Other Liabilities and Provisions | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Loans and Advances | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 3.5% | |||
| Return on Partners' Funds | ||||
| Return on Assets | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Debt to Partners' Funds | ||||
| Interest Coverage | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Turnover Growth | ||||
| Profit Growth | ||||
To see the full financial statements and ratios of Milan Products LLP, buy the company report.
Designated partners of Milan Products LLP
Milan Products has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasmukh Keshavlal Thakkar | Designated Partner | 26 Jun 2018 | 8 Years 4 Months | Current |
| Yogini Hasmukh Thakkar | Designated Partner | 26 Jun 2018 | 8 Years 4 Months | Current |
| Harshil Hasmukh Thakkar | Designated Partner | 26 Jun 2018 | 8 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2023 | 100876876 | Sidbi | ₹95.41 Lakh | Open | |
| 30 May 2023 | 100766907 | Icici Bank Limited | ₹56.4 Lakh | Open | |
| 30 May 2023 | 100766909 | Icici Bank Limited | ₹2 Cr | Open | |
| 03 Nov 2018 | 100226786 | Bank of Baroda | ₹3.29 Cr | Satisfied |
To see the full charge records of Milan Products LLP, buy the company report.
Total charge records: 4 View all charges
Legal cases
Milan Products LLP has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Tipco Industries Private Limited | Disposed |
To see the full case history of Milan Products LLP, 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 Products LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Milan Products LLP has a workforce of 28 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Milan Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26ABJFM0128M1Z5 | Dadra and Nagar Haveli and Daman and Diu | Active | 20 Jul 2018 |
To see the full GST registrations and return filing status of Milan Products LLP, buy the company report.
Recent activity
Milan Products LLP has 3 designated partner changes on record since 2018: 3 appointments. The latest: Harshil Hasmukh Thakkar was appointed as Designated Partner on 26 Jun 2018.
Frequently asked questions
Milan Products is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in plastic-based products, within the manufacturing industry. It was incorporated on 26 June 2018 (8+ years old) and is registered under LLPIN AAM-8696.
Milan Products has 3 current designated partners:
- Hasmukh Keshavlal Thakkar - Designated Partner
- Yogini Hasmukh Thakkar - Designated Partner
- Harshil Hasmukh Thakkar - Designated Partner
The latest financial statements of Milan Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Milan Products is 26ABJFM0128M1Z5, registered in Dadra and Nagar Haveli and Daman and Diu.
The LLPIN (Limited Liability Partnership Identification Number) of Milan Products is AAM-8696. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Milan Products has 1 court case on record: 1 filed against it.
Milan Products was incorporated on 26 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Harshil Hasmukh Thakkar was appointed as Designated Partner on 26 Jun 2018. Hasmukh Keshavlal Thakkar was appointed as Designated Partner on 26 Jun 2018. Yogini Hasmukh Thakkar was appointed as Designated Partner on 26 Jun 2018.
The registered office of Milan Products is at 606 340 Mahalaxmi Centre S V Road Kandivali West, Mumbai, Maharashtra, India – 400067.
Milan Products operates in the manufacturing industry, in the plastic-based products segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
