About Milestone Interactive Private Limited
Data last updated:
Milestone Interactive Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Jrs Investments Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 29 July 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1997PTC109692. The company has 10 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Milestone Interactive Software Private Limited. It is led by directors Jayont Rajendra Sharma (Managing Director) and Manisha Jayont Sharma.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.83 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹5.01 Cr (net margin 130.6%) and EBITDA of ₹6.98 Cr (EBITDA margin 182%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years.
The company is associated with 1 brand: Milestone Interactive. As per MCA filings, the company has open charges of ₹7.73 Lakh and satisfied charges of ₹51 Cr on record. Court records list 64 cases involving the company, including 5 filed by the company and 59 filed against it; 1 case is pending.
The last known website on record is milestoneinteractive.com.
Company details
CIN history
Milestone Interactive has one previous CIN (Corporate Identification Number): U72200MH1997PLC109692. The current CIN is U72200MH1997PTC109692, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH1997PTC109692 | Current |
| U72200MH1997PLC109692 | Previous |
Contact details
Milestone Interactive Private Limited's registered office is in Thane, Maharashtra. Its website is milestoneinteractive.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala No. 106 Building No. 11 First Floor Arihant Commercial Complex Village Purna, Bhiwandi, Thane, Maharashtra, India – 421302
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Milestone Interactive 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
Brands
Milestone Interactive operates one associated brand: Milestone Interactive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributor & marketer of game software, game peripherals, and hardware for console & PC games | milestoneinteractive.com |
Business activity
The main business activity of Milestone Interactive 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 Milestone Interactive Private Limited, buy the company report.
Financials of Milestone Interactive Private Limited
FY 2017 filings availableMilestone Interactive Private Limited reported revenue of ₹3.83 Cr (down 41% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over three years, including a 41% fall in the latest year. EBITDA rose 929% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹6.98 Cr | ||
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| Net Profit (PAT) | ₹5.01 Cr | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 182% | ||
| Net Profit Margin | 130.6% | ||
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To see the full financial statements and ratios of Milestone Interactive Private Limited, buy the company report.
Board of directors of Milestone Interactive Private Limited
Milestone Interactive has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayont Rajendra Sharma Also directs: Exziliant Advisors LLP, Softzaar Digital (India) Private Limited | Managing Director | 29 Jul 1997 | 29 Years 2 Months | As last reported |
| Manisha Jayont Sharma | Director | 30 Mar 2002 | 24 Years 6 Months | As last reported |
Auditor
Milestone Interactive Private Limited is audited by CHATURVEDI PRADEEP & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI PRADEEP & CO. | FY 2016 | 113137 |
Shareholding
The shareholding of Milestone Interactive Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Milestone Interactive Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2002 | 90146333 | Icici Bank Ltd. | ₹7.73 Lakh | Open | |
| 22 Sep 2014 | 10523143 | Fullerton India Credit Company Limited | ₹22 Cr | Satisfied | |
| 21 Mar 2014 | 10510168 | Icici Bank Limited | ₹2 Cr | Satisfied | |
| 20 Dec 2012 | 10400018 | Icici Bank Limited | ₹3 Cr | Satisfied | |
| 05 Sep 2011 | 10309301 | Hdfc Bank Limited | ₹17 Cr | Satisfied |
To see the full charge records of Milestone Interactive Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Milestone Interactive Private Limited has 64 court cases on record: 5 filed by Milestone Interactive, 59 filed against it. 1 case is pending and 63 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 41 | 1 |
| High courts | 19 | 18 | 0 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| Bombay High Court | Court case (EXA) | Filed against the company by Kotak Mahindra Prime Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Tata Teleservices( Maharashtra) Ltd Th.Mr. Sandeep Kak | Disposed |
| Bombay High Court | Company petition | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Icici Bank Limited | Disposed |
To see the full case history of Milestone Interactive 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 Milestone Interactive Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Milestone Interactive Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Milestone Interactive has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Milestone Interactive Private Limited, buy the company report.
Recent activity
Milestone Interactive Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Rakesh Kumar Kapur ceased to be Director on 27 Oct 2009.
8 earlier events are in the company report.
Frequently asked questions
Milestone Interactive is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Milestone Interactive is a company under liquidation, formerly operating as a private limited company based in Thane, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 29 July 1997 and is registered under CIN U72200MH1997PTC109692. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Milestone Interactive has 2 current directors:
- Jayont Rajendra Sharma - Managing Director
- Manisha Jayont Sharma - Director
The latest financial statements of Milestone Interactive on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Milestone Interactive is U72200MH1997PTC109692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milestone Interactive has open charges of ₹7.73 Lakh and satisfied charges of ₹51 Cr as per latest MCA filings.
Milestone Interactive has 64 court cases on record: 5 filed by the company and 59 filed against it. 1 is pending. Most are in the district courts.
Milestone Interactive was incorporated on 29 July 1997. It is registered with the Registrar of Companies, Mumbai.
Rakesh Kumar Kapur ceased to be Director on 27 Oct 2009. Manisha Jayont Sharma was appointed as Director on 30 Mar 2002. Jayont Rajendra Sharma was appointed as Managing Director on 29 Jul 1997.
Milestone Interactive can be reached through the website milestoneinteractive.com. Its registered office is in Thane, Maharashtra, India.