About Millenium Steel India Private Limited
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Millenium Steel India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 09 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51420TN2005PTC055327. Its GSTIN is 33AAECM1973H1ZJ (Tamil Nadu). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors including Hariprasad Reddy Duvvuru (Managing Director) and Jyothi Duvvuru (Whole-Time Director).
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 No.98 3rd Floor Halls Road Kilpauk, Chennai, Tamil Nadu, India – 600010.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.6 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹17.51 Lakh (net margin 0.3%) and EBITDA of ₹1.55 Cr (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 13% over five years.
The company has about 270 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹1 Cr on record. Court records list 51 cases involving the company, including 41 filed by the company and 11 filed against it; 9 cases are pending. The company has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹2.01 Cr; the latest was in March 2019. Its 4 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution, Materials Retail and Distribution, Steel), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Parda Agencies Pvt Ltd with revenue of ₹51.72 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website moneycontrol.com.
Company details
Contact details
Millenium Steel India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is moneycontrol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.98 3rd Floor Halls Road Kilpauk, Chennai, Tamil Nadu, India – 600010
- IndustryMetals and Minerals, Materials Retail & Distribution, Construction Materials Retail & Distribution
To see the full contact details of Millenium Steel India 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 Millenium Steel India 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 Millenium Steel India Private Limited, buy the company report.
Financials of Millenium Steel India Private Limited
FY 2025 filings availableMillenium Steel India Private Limited reported revenue of ₹51.6 Cr (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 59% fall in the latest year. EBITDA fell 41% 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 | ₹1.55 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹17.51 Lakh | ||||
| Balance Sheet | |||||
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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 | 3% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Millenium Steel India Private Limited, buy the company report.
Board of directors of Millenium Steel India Private Limited
Millenium Steel India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hariprasad Reddy Duvvuru Also directs: Anu & Anush Coal LLP, Steel Exchange Chennai Limited, Providence Holdings Private Limited and 3 more | Managing Director | 09 Feb 2005 | 21 Years 8 Months | Current |
| Jyothi Duvvuru Also directs: Steel Exchange Chennai Limited | Whole-Time Director | 09 Feb 2005 | 21 Years 8 Months | Current |
| Hemanth Kumar Reddy Duvvuru | Director | 09 Feb 2005 | 21 Years 8 Months | Current |
Peer comparison
Millenium Steel India Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Materials Retail and Distribution, Steel), 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 |
|---|---|---|---|---|---|---|
| Parda Agencies Pvt Ltd | ₹51.72 Cr (FY 2025) | 25.0% | Indore, Madhya Pradesh, India | |||
| Shri Guru Kirpa Associates Private Limited | ₹51.64 Cr (FY 2021) | -25.0% | Guwahati, Assam, India | |||
| Millenium Steel India Private Limitedthis company | ₹51.6 Cr (FY 2025) | ₹17.51 Lakh | 0.3% | -59.0% | 270 | Chennai, Tamil Nadu, India |
| Amit Iron Private Limited | ₹51.58 Cr (FY 2024) | 3178.0% | Kolkata, West Bengal, India | |||
| Mmu Metaliks Udyog Private Limited | ₹51.45 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Millenium Steel India Private Limited, buy the company report.
Auditor
Millenium Steel India Private Limited is audited by R S HARIHARAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S HARIHARAN & ASSOCIATES | FY 2023 | 0015460S |
Shareholding
The shareholding of Millenium Steel India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Millenium Steel India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2011 | 10300363 | Others | ₹20 Cr | Open | |
| 19 Mar 2005 | 90295157 | Uti Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Millenium Steel India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Millenium Steel India Private Limited has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹2.01 Cr; the latest was in March 2019.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹70,000 | Investors: an individual |
| Nov 2016 | Rights issue | ₹45.3 Lakh | Investors: 3 individuals |
| Mar 2015 | Rights issue | ₹50 Lakh | Investors: 3 individuals |
| Mar 2014 | Funding round | ₹22 Lakh | Investors: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
To see the full deal history of Millenium Steel India 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
Millenium Steel India Private Limited has 51 court cases on record: 41 filed by Millenium Steel India, 11 filed against it. 9 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 8 | 0 |
| NCLAT | 12 | 2 | 6 |
| District courts | 7 | 0 | 3 |
| Supreme Court | 4 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Ind-Barath Power Gencom Ltd and 3 others | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed by the company against M/S. Ind Barath Power Infra Limited | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed by the company against M/S. Ind Barath Thermal Power Ltd. | Pending |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against Ind-Barath Power Infra Limited and 1 other | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed by the company against Axis Bank Limited and 9 others | Disposed |
To see the full case history of Millenium Steel India 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.
Credit ratings & regulatory alerts
Millenium Steel India Private Limited was last rated by Care on 06 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jun 2022 |
To see the full credit ratings and regulatory alerts of Millenium Steel India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Millenium Steel India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Millenium Steel India Private Limited has a workforce of 270 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Millenium Steel India has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECM1973H1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
| 37AAECM1973H1ZB | Andhra Pradesh | Active | 01 Jul 2017 |
| 37AAECM1973H2ZA | Andhra Pradesh | Active | 05 Feb 2021 |
| 23AAECM1973H1ZK | Madhya Pradesh | Active | 02 Nov 2021 |
To see the full GST registrations and return filing status of Millenium Steel India Private Limited, buy the company report.
Recent activity
Millenium Steel India Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Jyothi Duvvuru ceased to be Director on 01 Apr 2012.
News
Frequently asked questions
Millenium Steel India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 09 February 2005 (21+ years old) and is registered under CIN U51420TN2005PTC055327.
Millenium Steel India has 3 current directors:
- Hariprasad Reddy Duvvuru - Managing Director
- Jyothi Duvvuru - Whole-Time Director
- Hemanth Kumar Reddy Duvvuru - Director
The latest financial statements of Millenium Steel India 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 Millenium Steel India is 33AAECM1973H1ZJ, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 37AAECM1973H1ZB (Andhra Pradesh), 37AAECM1973H2ZA (Andhra Pradesh), 23AAECM1973H1ZK (Madhya Pradesh).
The CIN (Corporate Identification Number) of Millenium Steel India is U51420TN2005PTC055327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millenium Steel India has 51 court cases on record: 41 filed by the company and 11 filed against it. 9 are pending. Most are in the high courts.
Millenium Steel India was incorporated on 09 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Millenium Steel India has 8 deals on record (3 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹2.01 Cr; the latest was in March 2019.
The peers of Millenium Steel India by revenue are Parda Agencies Pvt Ltd, Shri Guru Kirpa Associates Private Limited, Amit Iron Private Limited, Mmu Metaliks Udyog Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Materials Retail and Distribution, Steel), with the same principal business activity (wholesale trading).
Jyothi Duvvuru ceased to be Director on 01 Apr 2012. Hariprasad Reddy Duvvuru ceased to be Director on 02 Mar 2005. Hariprasad Reddy Duvvuru was appointed as Managing Director on 09 Feb 2005. Millenium Steel India has 5 board changes on record in total.
Millenium Steel India can be reached through the website moneycontrol.com. Its registered office is in Chennai, Tamil Nadu, India.
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