MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0045319
Millennial Materials and Devices (India)Private Limited
Millennial Materials and Devices (India)Private Limited - travel and hospitality in Dindori, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹95.76 Lakh
▲ 15% YoY
Net loss · FY 2025
₹11.54 Lakh
Net margin -12.1%
EBITDA · FY 2025
₹13.79 Lakh
EBITDA margin 14.4%
Authorised capital
₹48 Lakh
Registered with MCA
Paid-up capital
₹32.32 Lakh
Issued & subscribed
Open charges
₹1.23 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Millennial Materials and Devices (India)Private Limited
Data last updated:
Millennial Materials and Devices (India)Private Limited is a foreign private limited company based in Dindori, Maharashtra, India, a subsidiary of Millennial Material & Devices Inc. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 28 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2017FTC294426. Its GSTIN is 27AALCM0303L1ZI (Maharashtra).
The company has an authorised share capital of ₹48 Lakh and a paid-up capital of ₹32.32 Lakh. It is led by directors Sitharaman Balasubramanian and Balaji Sitharaman.
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 Dindori, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.76 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹11.54 Lakh (net margin -12.1%) and EBITDA of ₹13.79 Lakh (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over five years.
The company is associated with 1 brand: Millennial Scientific. As per MCA filings, the company has open charges of ₹1.23 Cr on record.
Millennial Materials and Devices (India)Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0045319). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24304MH2017FTC294426
Registration Number 294426
Incorporation Date 28 April 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Millennial Material & Devices Inc
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0045319
Recognitions & Rankings of Millennial Materials and Devices (India)
Contact details
Millennial Materials and Devices (India)Private Limited's registered office is in Dindori, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No H – 7 Shivaji Road, MIDC Satpur, Dindori, Maharashtra, India – 422007
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Millennial Materials and Devices (India)Private Limited, buy the company report.
Comprehensive company report
Millennial Materials and Devices (India)Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Millennial Materials and Devices (India) operates one associated brand: Millennial Scientific. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advanced materials for chromatography are manufactured by Millennial Scientific. | millennialscientific.com |
Business activity
The main business activity of Millennial Materials and Devices (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Millennial Materials and Devices (India)Private Limited, buy the company report.
Financials of Millennial Materials and Devices (India)Private Limited
FY 2025 filings availableMillennial Materials and Devices (India)Private Limited reported revenue of ₹95.76 Lakh (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹95.76 Lakh ▲ 15%
Net loss · FY 2025
₹11.54 Lakh margin -12.1%
EBITDA · FY 2025
₹13.79 Lakh margin 14.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 7%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 15% growth in the latest year. EBITDA fell 53% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.54 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 14.4% | ||||
| Net Profit Margin | -12.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Millennial Materials and Devices (India)Private Limited, buy the company report.
Board of directors of Millennial Materials and Devices (India)Private Limited
Millennial Materials and Devices (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sitharaman Balasubramanian Also directs: BSR Technologies Private Limited | Director | 28 Apr 2017 | 9 Years 6 Months | Current |
| Balaji Sitharaman | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Millennial Materials and Devices (India)Private Limited is audited by PRATIK PARNERKAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATIK PARNERKAR & ASSOCIATES | FY 2023 | 134891W |
Shareholding
The shareholding of Millennial Materials and Devices (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 Millennial Materials and Devices (India)Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2024 | 100945515 | Others | ₹1.23 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Millennial Materials and Devices (India)Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Millennial Materials and Devices (India)Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Millennial Materials and Devices (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM0303L1ZI | Maharashtra | Active | 06 Sep 2018 |
To see the full GST registrations and return filing status of Millennial Materials and Devices (India)Private Limited, buy the company report.
Recent activity
Millennial Materials and Devices (India)Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Ravishankar Sitharaman ceased to be Director on 05 Dec 2023.
AGM
Millennial Materials And Devices (India)Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Millennial Materials And Devices (India)Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 122.72 Lakh with Charge ID 100945515 was registered on 26 Jun 2024.
Ceased
Ravishankar Sitharaman ceased to be Director.
Appointed
Balaji Sitharaman was appointed as Director.
Appointed
Ravishankar Sitharaman was appointed as Director.
Appointed
Sitharaman Balasubramanian was appointed as Director.
Incorporation
28 Apr 2017
Millennial Materials And Devices (India)Private Limited was registered on 28 Apr 2017 with Roc Mumbai & aged 9 years 6 months as per MCA records.
Frequently asked questions
Millennial Materials and Devices (India) is an active foreign private limited company based in Dindori, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 28 April 2017 (9+ years old) and is registered under CIN U24304MH2017FTC294426.
Millennial Materials and Devices (India) has 2 current directors:
- Sitharaman Balasubramanian - Director
- Balaji Sitharaman - Director
The latest financial statements of Millennial Materials and Devices (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 FY 2018 are in the company report.
The GSTIN of Millennial Materials and Devices (India) is 27AALCM0303L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Millennial Materials and Devices (India) is U24304MH2017FTC294426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millennial Materials and Devices (India) was incorporated on 28 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Ravishankar Sitharaman ceased to be Director on 05 Dec 2023. Balaji Sitharaman was appointed as Director on 29 Apr 2019. Ravishankar Sitharaman was appointed as Director on 28 Apr 2017. Millennial Materials and Devices (India) has 4 board changes on record in total.
Yes, Millennial Materials and Devices (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0045319).
The registered office of Millennial Materials and Devices (India) is at Plot No H – 7 Shivaji Road, MIDC Satpur, Dindori, Maharashtra, India – 422007.
Millennial Materials and Devices (India) operates in the travel and hospitality industry, in the consumer professional services segment.
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