
Milgrey Studio and Laboratories Private Limited
About Milgrey Studio and Laboratories Private Limited
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Milgrey Studio and Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the creative segment of the art and creative services sector. It was incorporated on 10 May 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92100MH1979PTC021282. Its GSTIN is 27AAACM4996J1ZY (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹24.97 Lakh. It is led by directors including Pravinbhai Ratilal Patel and Ashokkumar Prahladrai Chhawchharia.
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 Ramnord Bldg 2nd Flpatel Estate Road Jogeshwari (W), Mumbai, Maharashtra, India – 400102.
As per the financials filed for FY 2025, the company reported a revenue of ₹5 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹26.68 Lakh and EBITDA of -₹20.42 Lakh (EBITDA margin -408.1%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 35% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹78.5 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Milgrey Studio and Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRamnord Bldg 2nd Flpatel Estate Road Jogeshwari (W), Mumbai, Maharashtra, India – 400102
- IndustryArt, Creative, Arts And Entertainment Activities
To see the full contact details of Milgrey Studio and Laboratories 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 Milgrey Studio and Laboratories is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 90 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of Milgrey Studio and Laboratories Private Limited, buy the company report.
Financials of Milgrey Studio and Laboratories Private Limited
FY 2025 filings availableMilgrey Studio and Laboratories Private Limited reported revenue of ₹5 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 51% fall in the latest year. EBITDA fell 28% 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 | -₹20.42 Lakh | ||||
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| Net Profit (PAT) | -₹26.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -408.1% | ||||
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To see the full financial statements and ratios of Milgrey Studio and Laboratories Private Limited, buy the company report.
Board of directors of Milgrey Studio and Laboratories Private Limited
Milgrey Studio and Laboratories has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravinbhai Ratilal Patel | Director | 17 Jan 1983 | 43 Years 9 Months | Current |
| Ashokkumar Prahladrai Chhawchharia | Director | 30 Jan 1980 | 46 Years 9 Months | Current |
| Girdharilal Damodarlal Seksaria Also directs: Seksaria Marbels and Minerals Limited, Empress Tin Factory Private Limited, Saloni Business Park Private Limited and 1 more | Director | 10 May 1979 | 47 Years 5 Months | Current |
Auditor
Milgrey Studio and Laboratories Private Limited is audited by S. R. PARIKH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. PARIKH & CO | FY 2017 | 107578W |
Shareholding
The shareholding of Milgrey Studio and Laboratories Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Milgrey Studio and Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 1985 | 90185006 | Bank of India | ₹3.5 Lakh | Open | |
| 18 May 1983 | 90183870 | Gujarat State Finanacial Corporation | ₹25 Lakh | Open | |
| 08 Feb 1983 | 90184760 | Gujarat Industrail Investmentcorporation Limited | ₹50 Lakh | Open |
To see the full charge records of Milgrey Studio and Laboratories Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Milgrey Studio and Laboratories Private Limited has 3 court cases on record: 3 filed by Milgrey Studio and Laboratories. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TE) | Filed by the company against Punjab and Sind Bank | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Municipal Corporation of Greater Bombay | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against Mr. Mahendra Vora Prop. M/S. M. M. Enterprises | Disposed |
To see the full case history of Milgrey Studio and Laboratories 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 Milgrey Studio and Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Milgrey Studio and Laboratories Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Milgrey Studio and Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM4996J1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Milgrey Studio and Laboratories Private Limited, buy the company report.
Recent activity
Milgrey Studio and Laboratories Private Limited has 4 board changes on record since 1979: 3 appointments and 1 cessation. The latest: Basudeo Sagarmal Seksaria ceased to be Director on 16 Jan 2018.
Frequently asked questions
Milgrey Studio and Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in creative, within the art industry. It was incorporated on 10 May 1979 (47+ years old) and is registered under CIN U92100MH1979PTC021282.
Milgrey Studio and Laboratories has 3 current directors:
- Pravinbhai Ratilal Patel - Director
- Ashokkumar Prahladrai Chhawchharia - Director
- Girdharilal Damodarlal Seksaria - Director
The latest financial statements of Milgrey Studio and Laboratories 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 Milgrey Studio and Laboratories is 27AAACM4996J1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Milgrey Studio and Laboratories is U92100MH1979PTC021282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milgrey Studio and Laboratories has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.
Milgrey Studio and Laboratories was incorporated on 10 May 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
Basudeo Sagarmal Seksaria ceased to be Director on 16 Jan 2018. Pravinbhai Ratilal Patel was appointed as Director on 17 Jan 1983. Ashokkumar Prahladrai Chhawchharia was appointed as Director on 30 Jan 1980. Milgrey Studio and Laboratories has 4 board changes on record in total.
The registered office of Milgrey Studio and Laboratories is at Ramnord Bldg 2nd Flpatel Estate Road Jogeshwari W, Mumbai, Maharashtra, India – 400102.
Milgrey Studio and Laboratories operates in the art industry, in the creative segment.

