MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0015607
Millennium Software Solutions Private Limited - information technology in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹5.68 Cr
▲ 8% YoY
Net profit · FY 2022
₹17.61 Lakh
Net margin 3.1%
EBITDA · FY 2022
₹30.96 Lakh
EBITDA margin 5.5%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹1.8 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
15
Provident fund records
About Millennium Software Solutions Private Limited
Data last updated:
Millennium Software Solutions Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72900AP2016PTC103698. Its GSTIN is 37AAKCM4860H1Z5 (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹80 Lakh. It is led by directors Gadi Sri Vidya and Vara Prasad Jonnakuti.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sf – 1 Rednam Estates Beside Sarovar Hotel 1st Lane Dwarakanagar, Visakhapatnam, Andhra Pradesh, India – 530016.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.68 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹17.61 Lakh (net margin 3.1%) and EBITDA of ₹30.96 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 131% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.8 Cr on record.
Millennium Software Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0015607). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website millenniumsoftsol.com.
Company details
CIN U72900AP2016PTC103698
Registration Number 103698
Incorporation Date 19 July 2016
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-10-0015607
Recognitions & Rankings of Millennium Software Solutions
Contact details
Millennium Software Solutions Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is millenniumsoftsol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf – 1 Rednam Estates Beside Sarovar Hotel 1st Lane Dwarakanagar, Visakhapatnam, Andhra Pradesh, India – 530016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Millennium Software Solutions Private Limited, buy the company report.
Comprehensive company report
Millennium Software Solutions 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
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Financials of Millennium Software Solutions Private Limited
FY 2024 filings availableMillennium Software Solutions Private Limited reported revenue of ₹5.68 Cr (up 8% YoY) for FY 2022.
Revenue · FY 2022
₹5.68 Cr ▲ 8%
Net profit · FY 2022
₹17.61 Lakh margin 3.1%
EBITDA · FY 2022
₹30.96 Lakh margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 27%
5 years · compounded
▲ 131%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 15%
5 years · compounded
▲ 108%
Revenue has grown at a compounded annual rate (CAGR) of 131% over five years, including 8% growth in the latest year. EBITDA fell 5% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.68 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.61 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 | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Millennium Software Solutions Private Limited, buy the company report.
Board of directors of Millennium Software Solutions Private Limited
Millennium Software Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gadi Sri Vidya Also directs: Nano Mindz Technologies Private Limited | Director | 28 Nov 2022 | 3 Years 11 Months | Current |
| Vara Prasad Jonnakuti | Additional Director | 25 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Millennium Software Solutions Private Limited is audited by BALNAGU & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALNAGU & CO | FY 2022 | 0000366S |
Shareholding
The shareholding of Millennium Software Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Millennium Software Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2020 | 100324069 | Others | ₹1.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Millennium Software Solutions 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 Millennium Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Millennium Software Solutions Private Limited has a workforce of 15 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-48.28%
GST
Millennium Software Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAKCM4860H1Z5 | Andhra Pradesh | Active | 01 Jul 2017 |
| 37AAKCM4860H3Z3 | Andhra Pradesh | Active | 25 Nov 2019 |
To see the full GST registrations and return filing status of Millennium Software Solutions Private Limited, buy the company report.
Recent activity
Millennium Software Solutions Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Vara Prasad Jonnakuti was appointed as Additional Director on 25 Jan 2025.
Appointed
Vara Prasad Jonnakuti was appointed as Additional Director.
AGM
Millennium Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Narasimha Reddy Gadi ceased to be Director.
Filing
Millennium Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Ceased
Gadi Sri Vidya ceased to be Additional Director.
Appointed
Gadi Sri Vidya was appointed as Director.
Ceased
Gadi Sridhar Reddy ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100324069 was registered on 22 Jan 2020.
Incorporation
19 Jul 2016
Millennium Software Solutions Private Limited was registered on 19 Jul 2016 with Roc Vijayawada & aged 10 years 3 months as per MCA records.
Frequently asked questions
Millennium Software Solutions is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 July 2016 (10+ years old) and is registered under CIN U72900AP2016PTC103698.
Millennium Software Solutions has 2 current directors:
- Gadi Sri Vidya - Director
- Vara Prasad Jonnakuti - Additional Director
The latest financial statements of Millennium Software Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Millennium Software Solutions is 37AAKCM4860H1Z5, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAKCM4860H3Z3 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Millennium Software Solutions is U72900AP2016PTC103698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millennium Software Solutions was incorporated on 19 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Vijayawada.
Vara Prasad Jonnakuti was appointed as Additional Director on 25 Jan 2025. Narasimha Reddy Gadi ceased to be Director on 29 Jul 2024. Gadi Sri Vidya ceased to be Additional Director on 19 Dec 2022. Millennium Software Solutions has 5 board changes on record in total.
Yes, Millennium Software Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0015607).
Millennium Software Solutions can be reached through the website millenniumsoftsol.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Millennium Software Solutions is at Sf – 1 Rednam Estates Beside Sarovar Hotel 1st Lane Dwarakanagar, Visakhapatnam, Andhra Pradesh, India – 530016.
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