About Milestone Trusteeship Services Private Limited
Data last updated:
Milestone Trusteeship Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Milestone Capital Advisors Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the other financial holding segment of the financial services sector. It was incorporated on 26 May 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2008PTC182660. Its GSTIN is 27AAFCM6451M1Z1 (Maharashtra).
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.7 Cr. It was led by directors including Jayesh Dharmendra Pandit and Kiran Kulkarni.
Its last annual general meeting (AGM) was held on 26 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Coworks Worli Ps56 3rd Floor Birla Centurion Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.65 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹67.75 Lakh (net margin 41%) and EBITDA of ₹1.05 Cr (EBITDA margin 63.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
The company was associated with 1 brand: Milestone Trustee. Court records list 71 cases involving the company, including 42 filed by the company and 29 filed against it; 12 cases are pending.
The last known website on record is milestonetrustee.in.
Company details
Contact details
Milestone Trusteeship Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is milestonetrustee.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCoworks Worli Ps56 3rd Floor Birla Centurion Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400030
- IndustryFinancial Services, Other Financial Holding, Fund, Trust
To see the full contact details of Milestone Trusteeship Services 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 Trusteeship Services operates one associated brand: Milestone Trustee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as a professional investment management firm. | milestonetrustee.in |
Business activity
The main business activity of Milestone Trusteeship Services is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Milestone Trusteeship Services Private Limited, buy the company report.
Financials of Milestone Trusteeship Services Private Limited
FY 2021 filings availableMilestone Trusteeship Services Private Limited reported revenue of ₹1.65 Cr (down 24% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 6% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹67.75 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.5% | ||||
| Net Profit Margin | 41% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Milestone Trusteeship Services Private Limited, buy the company report.
Board of directors of Milestone Trusteeship Services Private Limited
Milestone Trusteeship Services has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Dharmendra Pandit | Director | 07 Nov 2020 | 5 Years 11 Months | As last reported |
| Kiran Kulkarni | Director | 31 Mar 2021 | 5 Years 6 Months | As last reported |
| Raghavendra Krishnarao Kulkarni | Director | 07 Nov 2020 | 5 Years 11 Months | As last reported |
Auditor
Milestone Trusteeship Services Private Limited is audited by A N KOTHARI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N KOTHARI & CO | FY 2019 | 112807W |
Shareholding
The shareholding of Milestone Trusteeship Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Milestone Trusteeship Services Private Limited, buy the company report.
Legal cases
Milestone Trusteeship Services Private Limited has 71 court cases on record: 42 filed by Milestone Trusteeship Services, 29 filed against it. 12 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 44 | 20 | 9 |
| District courts | 21 | 5 | 3 |
| NCLT | 4 | 2 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 71)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Relstruct Dream Homes Pvt Ltd and 6 Ors and 6 others | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Relstruct Dream Homes Pvt Ltd and 6 Ors | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by M/S. Avantha Holdings Limited and Ors. Ashish Chavan and 6 others | Pending |
| High Court, MAHARASHTRA | Court case (LPETN) | Filed by the company against Relstruct Dream Homes Pvt Ltd and 6 Ors | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Greens Farm Tech Private Limited | Pending |
To see the full case history of Milestone Trusteeship Services 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 Trusteeship Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Milestone Trusteeship Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM6451M1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Milestone Trusteeship Services Private Limited, buy the company report.
Recent activity
Milestone Trusteeship Services Private Limited has 17 board changes on record since 2008: 3 appointments and 14 cessations. The latest: Jayesh Dharmendra Pandit ceased to be Additional Director on 26 Jul 2021.
8 earlier events are in the company report.
Frequently asked questions
Milestone Trusteeship Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Milestone Trusteeship Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in other financial holding, within the financial services industry. It was incorporated on 26 May 2008 and is registered under CIN U93000MH2008PTC182660. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Milestone Trusteeship Services was incorporated on 26 May 2008. It is registered with the Registrar of Companies, Mumbai.
Milestone Trusteeship Services had 3 directors:
- Jayesh Dharmendra Pandit - Director
- Kiran Kulkarni - Director
- Raghavendra Krishnarao Kulkarni - Director
The CIN (Corporate Identification Number) of Milestone Trusteeship Services is U93000MH2008PTC182660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Milestone Trusteeship Services is at Coworks Worli Ps56 3rd Floor Birla Centurion Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400030.
Milestone Trusteeship Services can be reached through the website milestonetrustee.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Milestone Trusteeship Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 26 July 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Milestone Trusteeship Services is 27AAFCM6451M1Z1, registered in Maharashtra.
Milestone Trusteeship Services operated in the financial services industry, in the other financial holding segment.