
Milestone Finstock Pvt Ltd
About Milestone Finstock Pvt Ltd
Data last updated:
Milestone Finstock Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 15 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65993WB1996PTC078047.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.89 Cr. It is led by directors Rajiv Pasari and Avinash Lohia.
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 62A Hazra Road, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.32 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹19.39 Lakh (net margin -86.9%) and EBITDA of -₹13.99 Lakh (EBITDA margin -62.7%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Milestone Finstock Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address62A Hazra Road, Kolkata, West Bengal, India – 700019
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Milestone Finstock Pvt Ltd, 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 Milestone Finstock is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Milestone Finstock Pvt Ltd, buy the company report.
Financials of Milestone Finstock Pvt Ltd
FY 2025 filings availableMilestone Finstock Pvt Ltd reported revenue of ₹22.32 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 1% growth in the latest year. EBITDA fell 106% 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 | -₹13.99 Lakh | ||||
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| Net Profit (PAT) | -₹19.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -62.7% | ||||
| Net Profit Margin | -86.9% | ||||
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To see the full financial statements and ratios of Milestone Finstock Pvt Ltd, buy the company report.
Board of directors of Milestone Finstock Pvt Ltd
Milestone Finstock has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Pasari Also directs: Vedica Sanjeevani Projects Private Limited, Alosha Marketing Pvt. Ltd., Ekanta Plastics Pvt Ltd and 5 more | Director | 01 Jul 2010 | 16 Years 3 Months | Current |
| Avinash Lohia Also directs: Vedica Sanjeevani Projects Private Limited, Ekanta Plastics Pvt Ltd, Sahal Business Pvt Ltd and 5 more | Director | 10 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Milestone Finstock Pvt Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajesh Imports Pvt.Ltd. | ₹22.39 Lakh (FY 2018) | 40.0% | Kolkata, West Bengal, India | |||
| Everlight Holdings Pvt Ltd | ₹22.36 Lakh (FY 2025) | 72.0% | Kolkata, West Bengal, India | |||
| Milestone Finstock Pvt Ltdthis company | ₹22.32 Lakh (FY 2025) | -₹19.39 Lakh | -86.9% | 1.0% | Kolkata, West Bengal, India | |
| Enthral Mercantiles Pvt.Ltd. | ₹22.3 Lakh (FY 2025) | 29.0% | Kolkata, West Bengal, India | |||
| Holy Faith Finance Private Limited | ₹22.19 Lakh (FY 2025) | 46.0% | Kochi, Kerala, India |
To see the full peer comparison of Milestone Finstock Pvt Ltd, buy the company report.
Auditor
Milestone Finstock Pvt Ltd is audited by R.G.CHOUDHURY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.G.CHOUDHURY & CO. | FY 2023 | 307118E |
Shareholding
The shareholding of Milestone Finstock Pvt Ltd 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 Milestone Finstock Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Milestone Finstock Pvt Ltd 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 Milestone Finstock Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Milestone Finstock has 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Milestone Finstock Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milestone Finstock Pvt Ltd has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Avinash Lohia ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Milestone Finstock is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 15 March 1996 (30+ years old) and is registered under CIN U65993WB1996PTC078047.
Milestone Finstock has 2 current directors:
- Rajiv Pasari - Director
- Avinash Lohia - Director
The latest financial statements of Milestone Finstock 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 Milestone Finstock is U65993WB1996PTC078047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milestone Finstock was incorporated on 15 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Milestone Finstock by revenue are Rajesh Imports Pvt.Ltd, Everlight Holdings Pvt Ltd, Enthral Mercantiles Pvt.Ltd, Holy Faith Finance Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Avinash Lohia ceased to be Additional Director on 29 Sep 2018. Nand Lal Pasari ceased to be Director on 27 Oct 2017. Avinash Lohia was appointed as Director on 10 Oct 2017. Milestone Finstock has 9 board changes on record in total.
The registered office of Milestone Finstock is at 62A Hazra Road, Kolkata, West Bengal, India – 700019.
Milestone Finstock operates in the financial services industry, in the nbfc segment.
The compliance status of Milestone Finstock is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.
Milestone Finstock can be reached at its registered office: 62A Hazra Road, Kolkata, West Bengal, India – 700019.

