MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0073250
Milestone Mercandise Private Limited
Milestone Mercandise Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹281.06 Cr
▲ 14% YoY
Net profit · FY 2025
₹6.26 Cr
Net margin 2.2%
EBITDA · FY 2025
₹11.39 Cr
EBITDA margin 4.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99 Lakh
Issued & subscribed
Open charges
₹38.73 Cr
Satisfied ₹35.88 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
36
Provident fund records
About Milestone Mercandise Private Limited
Data last updated:
Milestone Mercandise Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mansha Global Private Limited. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 27 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1996PTC102889. Its GSTIN is 27AABCM5078N1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99 Lakh. It is led by directors Gaurav Bhupindersingh Singh and Bhupindersingh Balwantsingh.
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 5th Measant Roadk T Ompound Sewree (E), Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2025, the company reported a revenue of ₹281.06 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹6.26 Cr (net margin 2.2%) and EBITDA of ₹11.39 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 13% over five years.
The company has about 36 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹38.73 Cr and satisfied charges of ₹35.88 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Milestone Mercandise Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0073250). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Milestone Mercandise Private Limited
CIN U51100MH1996PTC102889
Registration Number 102889
Incorporation Date 27 September 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mansha Global Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0073250
CIN History of Milestone Mercandise Private Limited
Milestone Mercandise has one previous CIN (Corporate Identification Number): U51900MH1996PTC102889. The current CIN is U51100MH1996PTC102889, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH1996PTC102889 | Current |
| U51900MH1996PTC102889 | Previous |
Recognitions & Rankings of Milestone Mercandise
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address5th Measant Roadk T Ompound Sewree (E), Mumbai, Maharashtra, India – 400015
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
Comprehensive company report
Milestone Mercandise Private Limited - one report that includes everything
- 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Milestone Mercandise Private Limited
The main business activity of Milestone Mercandise is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Milestone Mercandise Private Limited FY 2025 filings available
Milestone Mercandise Private Limited reported revenue of ₹281.06 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹281.06 Cr ▲ 14%
Net profit · FY 2025
₹6.26 Cr margin 2.2%
EBITDA · FY 2025
₹11.39 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR) of Milestone Mercandise Private Limited
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 36%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 131%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 14% growth in the latest year. EBITDA rose 9% 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 of Milestone Mercandise Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.39 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.26 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Milestone Mercandise Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Milestone Mercandise are in the company report.
Premium access
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Milestone Mercandise Private Limited
Milestone Mercandise has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupindersingh Balwantsingh Also directs: Anggels Share LLP, Mansha Global Private Limited, Fit-Tight Engineers and Exporter Pvt Ltd and 5 more | Additional Director | 03 Oct 2023 | 3 Years 0 Months | Current |
| Gaurav Bhupindersingh Singh Also directs: Black Tiger Distilleries Private Limited | Director | 17 Dec 2018 | 7 Years 10 Months | Current |
Peer Comparison of Milestone Mercandise Private Limited
Milestone Mercandise Private Limited is compared with the companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Just Buy Live Enterprise Private Limited | ₹284.28 Cr (FY 2017) | •••• | •••• | 2016.0% | •••• | Mumbai, Maharashtra, India |
| Modi Oil & Packagers Private Limited | ₹283.76 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Kolkata, West Bengal, India |
| Ayata Enterprise Private Limited | ₹283.37 Cr (FY 2025) | •••• | •••• | 201.0% | •••• | Vasai, Maharashtra, India |
| Indexone Industries Limited | ₹282.86 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Tai Industries Ltd Listed | ₹282.53 Cr (FY 2025) | •••• | •••• | 88.0% | •••• | Kolkata, West Bengal, India |
| Milestone Mercandise Private Limited this company | ₹281.06 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Darasguppe SSC Private Limited | ₹280.8 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mysore, Karnataka, India |
| Om Sai Beverages Private Limited | ₹280.7 Cr (FY 2022) | •••• | •••• | 34.0% | •••• | Raipur, Chhattisgarh, India |
| BG Tea Vyapar Private Limited | ₹278.9 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Dattaguru Farmer Producer Company Limited | ₹278.42 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Hingoli, Maharashtra, India |
| Discovery Beverages Private Limited | ₹278.17 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Milestone Mercandise by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Milestone Mercandise Private Limited
Milestone Mercandise Private Limited is audited by Anil Khanna & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Anil Khanna & Associates | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Milestone Mercandise Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Milestone Mercandise Private Limited
Open charges
₹38.73 Cr
Satisfied charges
₹35.88 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2025 | Hdfc Bank Limited | ₹73 Lakh | Open |
| 17 Nov 2023 | Standard Chartered Bank | ₹20 Cr | Open |
| 14 Dec 2018 | Others | ₹17 Cr | Open |
| 10 May 1999 | Raghuvanshi Co.Op. Bank Ltd. | ₹1 Cr | Open |
| 14 Oct 2021 | Others | ₹4.34 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Milestone Mercandise Private Limited
Milestone Mercandise Private Limited has 3 court cases on record: 2 filed by Milestone Mercandise, 1 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Total cases
3
Filed by the company
2
Filed against the company
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Disposed |
Premium access
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Milestone Mercandise Private Limited
Milestone Mercandise Private Limited has 5 MSME Form 1 returns on record between 2020 and 2022, listing 30 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kelzai Secrets Private Limited | •••• | •••• | •••• |
| Gusto Imports Private Limited | •••• | •••• | •••• |
| Good Drop Wine Cellars Private Limited | •••• | •••• | •••• |
| Ambavat Jain & Associates LLP | •••• | •••• | •••• |
Premium access
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Milestone Mercandise Private Limited
Milestone Mercandise Private Limited has a workforce of 36 employees as of Apr 07, 2024.
Employee count
36
Active EPFO establishments
1
Employee growth
-7.69%
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Milestone Mercandise Private Limited
Milestone Mercandise has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Mileindia Realty Private Limited | U70102MH2010PTC200328 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Milestone Mercandise Private Limited
Milestone Mercandise Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Bhupindersingh Balwantsingh was appointed as Additional Director on 03 Oct 2023.
Charges
A charge with Others of Rs. 17.00 Cr registered on 14 Dec 2018 with Charge ID 100231708 was modified on 26 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.73 Cr with Charge ID 101183515 was registered on 24 Oct 2025.
AGM
Milestone Mercandise Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Milestone Mercandise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Standard Chartered Bank of Rs. 20.00 Cr registered on 17 Nov 2023 with Charge ID 100828992 was modified on 05 Mar 2025.
Charges
A charge registered on 14 Oct 2021 via Charge ID 100490736 with Others was fully satisfied on 20 Aug 2024.
Charges
A charge with Standard Chartered Bank amounted to Rs. 20.00 Cr with Charge ID 100828992 was registered on 17 Nov 2023.
Appointed
Bhupindersingh Balwantsingh was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 4.34 Cr with Charge ID 100490736 was registered on 14 Oct 2021.
Ceased
Gaurav Bhupindersingh Singh ceased to be Additional Director.
Charges
A charge registered on 30 Apr 2016 via Charge ID 100030689 with Others was fully satisfied on 19 Aug 2019.
Ceased
Sumeet Balkrishan Gupta ceased to be Director.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Milestone Mercandise Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Milestone Mercandise Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Milestone Mercandise Private Limited
Milestone Mercandise has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM5078N1ZY | Maharashtra | Active | 01 Jul 2017 |
| 30AABCM5078N1ZB | Goa | Active | 01 Jul 2017 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Milestone Mercandise Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Milestone Mercandise Private Limited
Milestone Mercandise is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 27 September 1996 (30+ years old) and is registered under CIN U51100MH1996PTC102889.
Milestone Mercandise reported revenue of ₹281.06 Cr for FY 2025 (up 14% YoY).
Milestone Mercandise has 2 current directors:
- Bhupindersingh Balwantsingh - Additional Director
- Gaurav Bhupindersingh Singh - Director
Milestone Mercandise reported a net profit of ₹6.26 Cr (net margin 2.2%) and EBITDA of ₹11.39 Cr (EBITDA margin 4.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milestone Mercandise is 36% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Milestone Mercandise is 27AABCM5078N1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AABCM5078N1ZB (Goa).
The CIN (Corporate Identification Number) of Milestone Mercandise is U51100MH1996PTC102889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milestone Mercandise has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Milestone Mercandise was incorporated on 27 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Milestone Mercandise by revenue are Just Buy Live Enterprise Private Limited, Modi Oil & Packagers Private Limited, Ayata Enterprise Private Limited, Indexone Industries Limited, Tai Industries Ltd and 5 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution).
Bhupindersingh Balwantsingh was appointed as Additional Director on 03 Oct 2023. Gaurav Bhupindersingh Singh ceased to be Additional Director on 30 Sep 2019. Sumeet Balkrishan Gupta ceased to be Director on 01 Apr 2019. Milestone Mercandise has 6 board changes on record in total.
Yes, Milestone Mercandise is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0073250).