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
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
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
Milestone Mercandise Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5th Measant Roadk T Ompound Sewree (E), Mumbai, Maharashtra, India – 400015
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Milestone Mercandise Private Limited, buy the company report.
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
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Business activity
The main business activity of Milestone Mercandise is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Milestone Mercandise Private Limited, buy the company report.
Financials of Milestone Mercandise Private Limited
FY 2025 filings availableMilestone 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹11.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.26 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 4.1% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Milestone Mercandise Private Limited, buy the company report.
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
Milestone Mercandise Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| 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 | |||
| Tai Industries Ltd | ₹282.53 Cr (FY 2025) | 88.0% | Kolkata, West Bengal, India | |||
| Milestone Mercandise Private Limitedthis company | ₹281.06 Cr (FY 2025) | ₹6.26 Cr | 2.2% | 14.0% | 36 | Mumbai, Maharashtra, 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 |
To see the full peer comparison of Milestone Mercandise Private Limited, buy the company report.
Auditor
Milestone Mercandise Private Limited is audited by Anil Khanna & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil Khanna & Associates | FY 2023 | 100443W |
Shareholding
The shareholding of Milestone Mercandise 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 Milestone Mercandise Private Limited, buy the company report.
Charges & borrowings
Open charges
₹38.73 Cr
Satisfied charges
₹35.88 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101183515 | Hdfc Bank Limited | ₹73 Lakh | Open | |
| 17 Nov 2023 | 100828992 | Standard Chartered Bank | ₹20 Cr | Open | |
| 14 Dec 2018 | 100231708 | Others | ₹17 Cr | Open | |
| 10 May 1999 | 90142413 | Raghuvanshi Co.Op. Bank Ltd. | ₹1 Cr | Open | |
| 14 Oct 2021 | 100490736 | Others | ₹4.34 Cr | Satisfied |
To see the full charge records of Milestone Mercandise Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Milestone Mercandise Private Limited has 3 court cases on record: 2 filed by Milestone Mercandise, 1 filed against it. All cases are disposed.
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 | Writ petition | Filed by the company against State of Maharashtra and Ors. | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against an individual | Disposed |
To see the full case history of Milestone Mercandise 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
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 |
To see the full MSME payment records of Milestone Mercandise Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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 |
To see the full group structure of Milestone Mercandise Private Limited, buy the company report.
Employees & EPFO
Milestone Mercandise Private Limited has a workforce of 36 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
-7.69%
GST
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 |
To see the full GST registrations and return filing status of Milestone Mercandise Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Bhupindersingh Balwantsingh - Additional Director
- Gaurav Bhupindersingh Singh - Director
The latest financial statements of Milestone Mercandise 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 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, Tai Industries Ltd, Om Sai Beverages Private Limited, BG Tea Vyapar Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
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).
Milestone Mercandise has 5 MSME Form 1 returns on record between 2020 and 2022, listing 30 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Apr 2022.
The registered office of Milestone Mercandise is at 5th Measant Roadk T Ompound Sewree E, Mumbai, Maharashtra, India – 400015.