Milano Ice Cream Private Limited
About Milano Ice Cream Private Limited
Data last updated:
Milano Ice Cream Private Limited is a private limited company based in Kochi, Kerala, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 22 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55100KL2012PTC032211. Its GSTIN is 32AAICM1844K1ZG (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹22.64 Lakh. It is led by directors Giancarlo Segalini (Managing Director) and Sara Calderoni.
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 39/4303 Sevika Hall Pallimukku M G Road P O, Kochi, Kerala, India – 682016.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.76 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹82.78 Lakh (net margin 5.6%) and EBITDA of ₹2.46 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 52% over five years.
The company has about 55 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹4.73 Cr and satisfied charges of ₹1.68 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending. The company has 2 deals on record (2 rights issues); the latest was in October 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Milano Ice Cream has one previous CIN (Corporate Identification Number): U15205KL2012PTC032211. The current CIN is U55100KL2012PTC032211, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55100KL2012PTC032211 | Current |
| U15205KL2012PTC032211 | Previous |
Contact details
Milano Ice Cream Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address39/4303 Sevika Hall Pallimukku M G Road P O, Kochi, Kerala, India – 682016
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Milano Ice Cream 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 Milano Ice Cream Private Limited
FY 2024 filings availableMilano Ice Cream Private Limited reported revenue of ₹14.76 Cr (up 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 37% growth in the latest year. EBITDA rose 62% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹14.76 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹82.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Milano Ice Cream Private Limited, buy the company report.
Board of directors of Milano Ice Cream Private Limited
Milano Ice Cream has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sara Calderoni | Director | 22 Sep 2012 | 14 Years 1 Months | Current |
| Giancarlo Segalini Also directs: Milano22 Foods Private Limited, Milano21 Foods Private Limited, Fendy Hospitality Private Limited and 1 more | Managing Director | 22 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Milano Ice Cream Private Limited is audited by George Thomas & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| George Thomas & Associates | FY 2023 | 207177 |
Shareholding
The shareholding of Milano Ice Cream Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Milano Ice Cream Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2025 | 101156808 | Hdfc Bank Limited | ₹7.77 Lakh | Open | |
| 11 Jun 2025 | 101163439 | Others | ₹17 Lakh | Open | |
| 27 Mar 2025 | 101095166 | Others | ₹1.5 Cr | Open | |
| 29 Dec 2023 | 100849685 | Others | ₹2.98 Cr | Open | |
| 14 Dec 2023 | 100830296 | Others | ₹1.68 Cr | Satisfied |
To see the full charge records of Milano Ice Cream Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Milano Ice Cream Private Limited has 2 deals on record (2 rights issues); the latest was in October 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Rights issue | ₹7.7 Lakh | Investors: an individual |
| May 2014 | Rights issue | ₹17 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Milano Ice Cream Private Limited has 7 court cases on record: 5 filed by Milano Ice Cream, 2 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against an individual | Pending |
| High Court | Appeal | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (0435-Indirect Taxes Matters : Value Added Tax) | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Milano Ice Cream 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 Milano Ice Cream Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Milano Ice Cream has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Milano22 Foods Private Limited | U15209KA2022PTC161697 |
To see the full group structure of Milano Ice Cream Private Limited, buy the company report.
Employees & EPFO
Milano Ice Cream Private Limited has a workforce of 55 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Milano Ice Cream has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICM1844K1ZG | Kerala | Active | 01 Jul 2017 |
| 29AAICM1844K1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Milano Ice Cream Private Limited, buy the company report.
Recent activity
Milano Ice Cream Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Giancarlo Segalini was appointed as Managing Director on 22 Sep 2012.
Frequently asked questions
Milano Ice Cream is an active private limited company based in Kochi, Kerala, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 22 September 2012 (14+ years old) and is registered under CIN U55100KL2012PTC032211.
Milano Ice Cream has 2 current directors:
- Giancarlo Segalini - Managing Director
- Sara Calderoni - Director
The latest financial statements of Milano Ice Cream 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 Milano Ice Cream is 32AAICM1844K1ZG, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICM1844K1Z3 (Karnataka).
The CIN (Corporate Identification Number) of Milano Ice Cream is U55100KL2012PTC032211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milano Ice Cream has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Milano Ice Cream was incorporated on 22 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
Milano Ice Cream has 2 deals on record (2 rights issues); the latest was in October 2019.
Giancarlo Segalini was appointed as Managing Director on 22 Sep 2012. Sara Calderoni was appointed as Director on 22 Sep 2012.
The registered office of Milano Ice Cream is at 394303 Sevika Hall Pallimukku M G Road P O, Kochi, Kerala, India – 682016.
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