Milestone Tradelinks Private Limited
About Milestone Tradelinks Private Limited
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Milestone Tradelinks Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 09 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2001PTC039872. Its GSTIN is 24AACCM9423C1ZT (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹17.81 Cr and a paid-up capital of ₹4.07 Lakh. It is led by directors Manish Amrutlal Shah (Managing Director) and Rajesh Rameshchandra Vora.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹61 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹17.72 Cr (net margin -29.1%) and EBITDA of ₹17.74 Cr (EBITDA margin 29.1%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 45% over five years.
As per MCA filings, the company has satisfied charges of ₹75.45 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹306.5 Cr; the latest was in March 2020. Its 7 peer companies in the Metals and Minerals industry (Agro Retail and Distribution, Jewellery and Gems Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 3 smaller; the largest is Agarmin Coalwashery Private Limited with revenue of ₹61.1 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Milestone Tradelinks Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address203 Anand Milan Complex Opp. Navrangpura Jain Derasar Navrangpu, Ra, Ahmedabad, Gujarat, India – 380009
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Milestone Tradelinks 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
Business activity
The main business activity of Milestone Tradelinks 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 Tradelinks Private Limited, buy the company report.
Financials of Milestone Tradelinks Private Limited
FY 2025 filings availableMilestone Tradelinks Private Limited reported revenue of ₹61 Cr (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 69% fall in the latest year. EBITDA rose 287% 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 | ₹17.74 Cr | ||||
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| Net Profit (PAT) | -₹17.72 Cr | ||||
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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 | 29.1% | ||||
| Net Profit Margin | -29.1% | ||||
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To see the full financial statements and ratios of Milestone Tradelinks Private Limited, buy the company report.
Board of directors of Milestone Tradelinks Private Limited
Milestone Tradelinks has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Rameshchandra Vora | Director | 01 Feb 2011 | 15 Years 9 Months | Current |
| Manish Amrutlal Shah | Managing Director | 30 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Milestone Tradelinks Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Agro Retail and Distribution, Jewellery and Gems Retail and Distribution, Materials 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 |
|---|---|---|---|---|---|---|
| Agarmin Coalwashery Private Limited | ₹61.1 Cr (FY 2025) | 164.0% | Indore, Madhya Pradesh, India | |||
| Bengal Animal Health & Nutrition Solutions Private Limited | ₹61.08 Cr (FY 2024) | 20.0% | Paschim Meiipur, West Bengal, India | |||
| Dynamic Global Trading Corporation Private Limited | ₹61.04 Cr (FY 2025) | -66.0% | Chennai, Tamil Nadu, India | |||
| Aishwarya Tea Co Pvt Ltd | ₹61.04 Cr (FY 2024) | -22.0% | Ahmedabad, Gujarat, India | |||
| Milestone Tradelinks Private Limitedthis company | ₹61 Cr (FY 2025) | -₹17.72 Cr | -29.1% | -69.0% | Ahmedabad, Gujarat, India | |
| Global Impex Marketing Private Limited | ₹60.97 Cr (FY 2019) | -36.0% | Navi Mumbai, Maharashtra, India | |||
| Chemtex Materials Private Limited | ₹60.95 Cr (FY 2024) | -20.0% | Ahmedabad, Gujarat, India | |||
| Oceanic Developers Pvt Ltd | ₹60.7 Cr (FY 2024) | 11.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Milestone Tradelinks Private Limited, buy the company report.
Auditor
Milestone Tradelinks Private Limited is audited by ADWANI PESHAVARIA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADWANI PESHAVARIA AND CO | FY 2023 | 137123W |
Shareholding
The shareholding of Milestone Tradelinks 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 Tradelinks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2005 | 90195897 | Development Credit Bank Ltd | ₹35 Cr | Satisfied | |
| 29 Sep 1998 | 90205396 | State Bank of India | ₹21.45 Cr | Satisfied | |
| 15 Sep 1995 | 90203116 | State Bank of India | ₹9.5 Cr | Satisfied | |
| 15 Sep 1995 | 90207687 | State Bank of India | ₹9.5 Cr | Satisfied |
To see the full charge records of Milestone Tradelinks Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Milestone Tradelinks Private Limited has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹306.5 Cr; the latest was in March 2020.
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Nabh Tradelink Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Seller: Welspun Trading Limited, Welspun Wintex Limited , Welspun Mercantile Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Welspun Trading Limited Seller: Krishiraj Trading Limited |
To see the full deal history of Milestone Tradelinks Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Milestone Tradelinks Private Limited has 6 court cases on record: 4 filed by Milestone Tradelinks, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed against the company by Dewas Soya Ltd., Through Authorized Director Sanjay Tiwari | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Deputy Commissioner of Income Tax , Circle 2( | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 2, | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
To see the full case history of Milestone Tradelinks 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 Tradelinks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Milestone Tradelinks has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCM9423C1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Milestone Tradelinks Private Limited, buy the company report.
Recent activity
Milestone Tradelinks Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Manish Amrutlal Shah ceased to be Director on 01 Apr 2021.
9 earlier events are in the company report.
Frequently asked questions
Milestone Tradelinks is an active private limited company based in Ahmedabad, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 09 August 2001 (25+ years old) and is registered under CIN U51909GJ2001PTC039872.
Milestone Tradelinks has 2 current directors:
- Manish Amrutlal Shah - Managing Director
- Rajesh Rameshchandra Vora - Director
The latest financial statements of Milestone Tradelinks 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 Tradelinks is 24AACCM9423C1ZT, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Milestone Tradelinks is U51909GJ2001PTC039872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milestone Tradelinks has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Milestone Tradelinks was incorporated on 09 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Milestone Tradelinks has 7 deals on record (4 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹306.5 Cr; the latest was in March 2020.
The peers of Milestone Tradelinks by revenue are Agarmin Coalwashery Private Limited, Bengal Animal Health & Nutrition Solutions Private Limited, Dynamic Global Trading Corporation Private Limited, Aishwarya Tea Co Pvt Ltd, Global Impex Marketing Private Limited and 2 more, all in the Metals and Minerals industry (Agro Retail and Distribution, Jewellery and Gems Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Manish Amrutlal Shah ceased to be Director on 01 Apr 2021. Bijal Madanmohan Bhatt ceased to be Additional Director on 31 Jul 2020. Manish Amrutlal Shah was appointed as Managing Director on 30 Jul 2020. Milestone Tradelinks has 8 board changes on record in total.
The registered office of Milestone Tradelinks is at 203 Anand Milan Complex Opp. Navrangpura Jain Derasar Navrangpu, Ra, Ahmedabad, Gujarat, India – 380009.
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