About Millennium Soft-Tech (India) Private Limited
Data last updated:
Millennium Soft-Tech (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 02 January 2002.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U22219TN2002PTC048248. Its GSTIN is 19AACCM7206K1ZA (West Bengal). The company holds 10 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Millennium Point of Sale Solutions Private Limited. It is led by directors Nandakumar Venkatraman (Whole-Time Director) and Bhaskar Venkatraman.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 2nd Floor No.G – 19 Iind Main Road Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600058.
As per the financials filed for FY 2018, the company reported a revenue of ₹60.74 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹27.86 Lakh (net margin 0.5%) and EBITDA of ₹2.03 Cr (EBITDA margin 3.3%).
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Millennium Soft Tech India. As per MCA filings, the company has open charges of ₹9.2 Cr and satisfied charges of ₹4.35 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 4 cases are pending.
The last known website on record is millenniumindia.co.in.
Company details
Contact details
Millennium Soft-Tech (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is millenniumindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor No.G – 19 Iind Main Road Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600058
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Millennium Soft-Tech (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
Brands
Millennium Soft-Tech (India) operates one associated brand: Millennium Soft Tech India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services are provided in Maine. | millenniumindia.co.in |
Business activity
The main business activity of Millennium Soft-Tech (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Millennium Soft-Tech (India) Private Limited, buy the company report.
Financials of Millennium Soft-Tech (India) Private Limited
FY 2018 filings availableMillennium Soft-Tech (India) Private Limited reported revenue of ₹60.74 Cr (up 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹60.74 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.03 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹27.86 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.3% | |||
| Net Profit Margin | 0.5% | |||
| 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 | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Millennium Soft-Tech (India) Private Limited, buy the company report.
Board of directors of Millennium Soft-Tech (India) Private Limited
Millennium Soft-Tech (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaskar Venkatraman | Director | 05 Jan 2009 | 17 Years 9 Months | As last reported |
| Nandakumar Venkatraman | Whole-Time Director | 02 Jan 2002 | 24 Years 10 Months | As last reported |
Auditor
Millennium Soft-Tech (India) Private Limited is audited by M L NATRAJAN ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M L NATRAJAN ASSOCIATES | FY 2018 | 002441S |
Shareholding
The shareholding of Millennium Soft-Tech (India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Millennium Soft-Tech (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2017 | 100107009 | Others | ₹9.2 Cr | Open | |
| 31 Jul 2013 | 10441959 | Bank of Maharashtra | ₹75 Lakh | Satisfied | |
| 21 Jul 2011 | 10301738 | Bank of Maharashtra | ₹3.6 Cr | Satisfied |
To see the full charge records of Millennium Soft-Tech (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Millennium Soft-Tech (India) Private Limited has 11 court cases on record: 11 filed against it. 4 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 4 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Aditya Birla Finance Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Religare Finvest Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Ingram Micro India Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Indusind Bank Limited Rep by Its Authorised Signatory G Radha | Disposed |
To see the full case history of Millennium Soft-Tech (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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Millennium Soft-Tech (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Millennium Soft-Tech (India) Private Limited has a workforce of 45 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Millennium Soft-Tech (India) has 10 GST registrations: 3 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCM7206K1ZA | West Bengal | Active | 01 Jul 2017 |
| 36AACCM7206K1ZE | Telangana | Active | 01 Jul 2017 |
| 37AACCM7206K1ZC | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Millennium Soft-Tech (India) Private Limited, buy the company report.
Recent activity
Millennium Soft-Tech (India) Private Limited has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Uma Sugumaran ceased to be Additional Director on 20 Sep 2019.
3 earlier events are in the company report.
Frequently asked questions
Millennium Soft-Tech (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Millennium Soft-Tech (India) is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 02 January 2002 and is registered under CIN U22219TN2002PTC048248. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Millennium Soft-Tech (India) has 2 current directors:
- Nandakumar Venkatraman - Whole-Time Director
- Bhaskar Venkatraman - Director
The latest financial statements of Millennium Soft-Tech (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Millennium Soft-Tech (India) is U22219TN2002PTC048248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millennium Soft-Tech (India) has open charges of ₹9.2 Cr and satisfied charges of ₹4.35 Cr as per latest MCA filings.
Millennium Soft-Tech (India) has 11 court cases on record: 11 filed against it. 4 are pending. Most are in the district courts.
Millennium Soft-Tech (India) was incorporated on 02 January 2002. It is registered with the Registrar of Companies, Chennai.
Uma Sugumaran ceased to be Additional Director on 20 Sep 2019. Suganya Nagarajan ceased to be Additional Director on 03 Aug 2019. Mahadevan Natarajan Poovanur ceased to be Managing Director on 09 Oct 2009. Millennium Soft-Tech (India) has 6 board changes on record in total.
Millennium Soft-Tech (India) can be reached through the website millenniumindia.co.in. Its registered office is in Chennai, Tamil Nadu, India.
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