About Milestones Switchgears Private Limited
Data last updated: 09 January 2026
Milestones Switchgears Private Limited is a private limited company based in New Delhi, Delhi, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 10 April 1992, the company has been in operation for over 34 years.
Registered with ROC Delhi under CIN U74899DL1992PTC048298.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹97.7 Lakh. It is led by directors including Gautam Aggarwal and Shashi Kant Aggarwal.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: D – 92/8 Okhla Industrial Area, Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹69.78 Cr, a growth of 20% compared to the previous year.
The company has a workforce of approximately 74 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Milestone Gears, Milestones Switchgears. As per MCA filings, the company has open charges of ₹109.95 Cr and satisfied charges of ₹44.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milestonesindia.com.
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Registered AddressD – 92/8 Okhla Industrial Area, Phase – I, New Delhi, Delhi, India – 110020
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IndustryEnergy and Power, Power Equipment Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Milestones Switchgears Private Limited
Milestones Switchgears Private Limited operates two associated brands: Milestone Gears and Milestones Switchgears. These brands represent Milestones Switchgears Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies transmission components to original equipment manufacturers. | milestonegroup.co.in | |
| Manufacturing of LT and HT electrical panels and switchboards. | milestonesindia.com |
Competitors & Alternatives of Milestones Switchgears Private Limited
Brands and companies operating in the same space as Milestones Switchgears Private Limited include Happy Forgings, Linamar, Gates and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happy Forgings
|
Drive transmission components are manufactured and supplied. | Ludhiana, India, India | 1973 |
Linamar
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Motor vehicle and agricultural parts are manufactured and supplied. | Guelph, Canada, Canada | 1966 |
Gates
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Transmission components are manufactured and supplied to the aftermarket. | Denver, United States, United States | 1911 |
Dana
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Driveline technologies and components for electrified light vehicles are supplied. | Maumee, United States, United States | 1904 |
Ricardo
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Drive transmission components are manufactured and supplied to OEMs. | - | 1915 |
Divgi TorqTransfer Systems
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Automotive transmission systems are manufactured and supplied to OEMs. | Pune, India, India | 1995 |
FPT Industrial
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Manufacturer and supplier of powertrain components | Turin, Italy, Italy | 2011 |
FEV
|
Powertrain components for vehicles are manufactured and supplied by FEV. | Aachen, Germany, Germany | 1978 |
Kinetic Engineering
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Gears, shafts, transmission assemblies, and auto components are manufactured. | Pune, India, India | 1972 |
Business Activity of Milestones Switchgears Private Limited
Milestones Switchgears Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Milestones Switchgears Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Milestones Switchgears Private Limited
Milestones Switchgears Private Limited is audited by Bhatia & Bhatia for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bhatia & Bhatia | Locked | Locked | Locked |
Complete auditor history for Milestones Switchgears Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Milestones Switchgears Private Limited
Milestones Switchgears Private Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Gautam Aggarwal
Also directs:
Karolia Lighting Private Limited, United Electric Co Delhi Private Limited, Milestone Engineering Private Limited and 1 more
|
Director | 10 Apr 1992 | 34 Years 3 Months | Current |
|
Shashi Kant Aggarwal
Also directs:
Karolia Lighting Private Limited, United Electric Co Delhi Private Limited, Milestone Engineering Private Limited and 1 more
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Director | 10 Apr 1992 | 34 Years 3 Months | Current |
|
Anila Aggarwal
Also directs:
Karolia Lighting Private Limited, United Electric Co Delhi Private Limited, Milestone Engineering Private Limited and 1 more
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Director | 03 Mar 2014 | 12 Years 4 Months | Current |
Financials of Milestones Switchgears Private Limited FY 2024 filings available
Milestones Switchgears Private Limited reported revenue of ₹69.78 Cr (up 20.00% YoY) for FY 2024.
Ten-year financial statements for Milestones Switchgears Private Limited
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Ownership and Shareholding of Milestones Switchgears Private Limited
Shareholding and ownership data for Milestones Switchgears Private Limited
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Group Structure of Milestones Switchgears Private Limited
Milestones Switchgears Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Milestones Switchgears Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nited Electric Co Delhi Private Limited | U74899DL1983PTC014974 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Milestones Switchgears Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2025 | Others | ₹10.45 Cr | Open |
| 24 Jun 2025 | Others | ₹6 Cr | Open |
| 24 Jun 2025 | Others | ₹9.5 Cr | Open |
| 06 Nov 2024 | Others | ₹22.5 Cr | Open |
| 03 Jan 2024 | Hdfc Bank Limited | ₹17.5 Cr | Open |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Milestones Switchgears Private Limited
Milestones Switchgears Private Limited has a workforce of 74 employees as of Apr 06, 2024.
Employee and EPFO history for Milestones Switchgears Private Limited
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GST Compliance of Milestones Switchgears Private Limited
GST registrations and filing compliance for Milestones Switchgears Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Milestones Switchgears Private Limited
Credit ratings, litigation, and regulatory alerts for Milestones Switchgears Private Limited
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MSME Payment Delays by Milestones Switchgears Private Limited
MSME payment history for Milestones Switchgears Private Limited
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Subsidiaries & Group Companies of Milestones Switchgears Private Limited
Corporate group structure for Milestones Switchgears Private Limited
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MCA Filings & Documents of Milestones Switchgears Private Limited
MCA filings and documents for Milestones Switchgears Private Limited
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Recent Activity on Milestones Switchgears Private Limited
Frequently Asked Questions about Milestones Switchgears Private Limited
Milestones Switchgears Private Limited is an active private limited company in the energy and power sector based in New Delhi, Delhi, India. It was incorporated on 10 April 1992 (34+ years old) and is registered under CIN U74899DL1992PTC048298. The company has 74 employees.
Milestones Switchgears Private Limited reported revenue of ₹69.78 Cr for FY 2024 (up 20.00% YoY).
The current directors of Milestones Switchgears Private Limited are:
- Gautam Aggarwal - Director
- Shashi Kant Aggarwal - Director
- Anila Aggarwal - Director
The primary industry of Milestones Switchgears Private Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.
Milestones Switchgears Private Limited can be reached at the registered office: D – 928 Okhla Industrial Area, Phase – I, New Delhi, Delhi, India – 110020, or through the website milestonesindia.com.
The authorised capital is ₹2 Cr, and the paid-up capital is ₹97.7 Lakh.