Milan Textile Enterprise Private Limited
About Milan Textile Enterprise Private Limited
Data last updated:
Milan Textile Enterprise Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 20 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51311TN2005PTC058472. Its GSTIN is 33AAFCM4554M1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹24.4 Cr. It is led by directors Devaraj Rajmohan and Devanandh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Milanem Mall 100 Feet Road K.K.Nagar, Madurai, Tamil Nadu, India – 625020.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.37 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹2.32 Cr (net margin -169.9%) and EBITDA of -₹31.31 Lakh (EBITDA margin -22.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹32.55 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Milan Textile Enterprise has one previous CIN (Corporate Identification Number): U13513TN2005PTC058472. The current CIN is U51311TN2005PTC058472, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51311TN2005PTC058472 | Current |
| U13513TN2005PTC058472 | Previous |
Contact details
Milan Textile Enterprise Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressMilanem Mall 100 Feet Road K.K.Nagar, Madurai, Tamil Nadu, India – 625020
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Milan Textile Enterprise 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 Textile Enterprise is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Milan Textile Enterprise Private Limited, buy the company report.
Financials of Milan Textile Enterprise Private Limited
FY 2024 filings availableMilan Textile Enterprise Private Limited reported revenue of ₹1.37 Cr (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 70% fall in the latest year. EBITDA fell 114% 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 | -₹31.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.32 Cr | ||||
| Balance Sheet | |||||
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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 | -22.9% | ||||
| Net Profit Margin | -169.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Milan Textile Enterprise Private Limited, buy the company report.
Board of directors of Milan Textile Enterprise Private Limited
Milan Textile Enterprise has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devaraj Rajmohan | Director | 05 Apr 2024 | 2 Years 7 Months | Current |
| Devanandh Also directs: CDR Infracon Limited, Cdrrd Property Enterprises Private Limited | Director | 23 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Milan Textile Enterprise Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhanushree Silk Private Limited | ₹1.37 Cr (FY 2024) | 2.0% | Varanasi, Uttar Pradesh, India | |||
| Nimish Textile Private Limited | ₹1.37 Cr (FY 2024) | 219.0% | New Delhi, Delhi, India | |||
| Milan Textile Enterprise Private Limitedthis company | ₹1.37 Cr (FY 2025) | -₹2.32 Cr | -169.9% | -70.0% | 11 | Madurai, Tamil Nadu, India |
| Patsol Clothing Private Limited | ₹1.36 Cr (FY 2023) | 150.0% | Surat, Gujarat, India | |||
| Abhushanam Private Limited | ₹1.36 Cr (FY 2024) | 262.0% | Hisar, Haryana, India |
To see the full peer comparison of Milan Textile Enterprise Private Limited, buy the company report.
Auditor
Milan Textile Enterprise Private Limited is audited by GANESH PRASAD for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH PRASAD | FY 2021 | 000872S |
Shareholding
The shareholding of Milan Textile Enterprise Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | 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 Textile Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100045603 | City Union Bank Limited | ₹4.75 Cr | Satisfied | |
| 12 Sep 2012 | 10439026 | City Union Bank Limited | ₹25 Lakh | Satisfied | |
| 11 Feb 2012 | 10439025 | City Union Bank Limited | ₹1 Cr | Satisfied | |
| 09 Aug 2010 | 10237663 | City Union Bank Limited | ₹16.75 Cr | Satisfied | |
| 28 Apr 2009 | 10160947 | State Bank of India | ₹9.8 Cr | Satisfied |
To see the full charge records of Milan Textile Enterprise Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Milan Textile Enterprise Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed against the company by City Union Bank Ltd. | Disposed |
To see the full case history of Milan Textile Enterprise 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 Textile Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Milan Textile Enterprise Private Limited has a workforce of 11 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 11 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Milan Textile Enterprise Private Limited, buy the company report.
GST
Milan Textile Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCM4554M1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Milan Textile Enterprise Private Limited, buy the company report.
Recent activity
Milan Textile Enterprise Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Sweety Jhunjhunwala was appointed as Company Secretary on 30 Sep 2025.
15 earlier events are in the company report.
Frequently asked questions
Milan Textile Enterprise is an active private limited company based in Madurai, Tamil Nadu, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 20 December 2005 (21+ years old) and is registered under CIN U51311TN2005PTC058472.
Milan Textile Enterprise has 2 current directors:
- Devaraj Rajmohan - Director
- Devanandh - Director
The latest financial statements of Milan Textile Enterprise on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Milan Textile Enterprise is 33AAFCM4554M1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Milan Textile Enterprise is U51311TN2005PTC058472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milan Textile Enterprise has 1 court case on record: 1 filed against it.
Milan Textile Enterprise was incorporated on 20 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Milan Textile Enterprise by revenue are Dhanushree Silk Private Limited, Nimish Textile Private Limited, Patsol Clothing Private Limited, Abhushanam Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Sweety Jhunjhunwala was appointed as Company Secretary on 30 Sep 2025. Devanandh ceased to be Additional Director on 29 Sep 2024. Devaraj Rajmohan ceased to be Additional Director on 29 Sep 2024. Milan Textile Enterprise has 11 board changes on record in total.
The registered office of Milan Textile Enterprise is at Milanem Mall 100 Feet Road K.K.Nagar, Madurai, Tamil Nadu, India – 625020.
Milan Textile Enterprise operates in the fashion and textile industry, in the fashion retail segment.
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