Millennium Structurals (India) Limited
About Millennium Structurals (India) Limited
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Millennium Structurals (India) Limited is a public limited company based in Indore, Madhya Pradesh, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 22 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28932MP1999PLC013920. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.8 Cr. It is led by directors including Kapil Jaiswal (Managing Director) and Rajendra Kumar Rathi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 101 – Indore Trade Centre 3/2 South Tukoganj, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.76 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹82.22 Lakh (net margin -361.2%) and EBITDA of -₹12.77 Lakh (EBITDA margin -56.1%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
As per MCA filings, the company has open charges of ₹1.43 Cr and satisfied charges of ₹16.01 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Millennium Structurals (India) Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address101 – Indore Trade Centre 3/2 South Tukoganj, Madhya Pradesh, India – 452001
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Millennium Structurals (India) 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 Millennium Structurals (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Millennium Structurals (India) Limited, buy the company report.
Financials of Millennium Structurals (India) Limited
FY 2019 filings availableMillennium Structurals (India) Limited reported revenue of ₹22.76 Lakh (down 76% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 76% fall in the latest year. EBITDA fell 179% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22.76 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹82.22 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -56.1% | ||||
| Net Profit Margin | -361.2% | ||||
| 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 Structurals (India) Limited, buy the company report.
Board of directors of Millennium Structurals (India) Limited
Millennium Structurals (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 |
|---|---|---|---|---|
| Rajendra Kumar Rathi Also directs: Powerage Towers Limited | Director | 22 Dec 1999 | 26 Years 10 Months | Current |
| Kapil Jaiswal Also directs: Powerage Towers Limited, HRJ International Private Limited | Managing Director | 01 Sep 2009 | 17 Years 2 Months | Current |
| Subhash Kumar Jaiswal | Director | 13 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Millennium Structurals (India) Limited is audited by C H PADLIYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C H PADLIYA & CO | FY 2019 | 003151C |
Shareholding
The shareholding of Millennium Structurals (India) Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Millennium Structurals (India) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2014 | 10542211 | L & T Finance Limited | ₹1.43 Cr | Open | |
| 22 Feb 2014 | 10493276 | Icici Bank Limited | ₹60 Lakh | Satisfied | |
| 12 May 2009 | 10159306 | Central Bank of India Limited | ₹15.1 Cr | Satisfied | |
| 12 May 2009 | 10159307 | Central Bank of India Limited | ₹31 Lakh | Satisfied |
To see the full charge records of Millennium Structurals (India) Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Millennium Structurals (India) Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (COMMS) | Filed against the company by D.P.K. Productas Private Limited Through Arvind Katariya | Pending |
| Supreme Court | Court case (2404-Indirect Taxation : Value Added Tax (VAT), State Sales Tax Act) | Filed against the company by The State of Madhya Pradesh and Ors. Commercial Tax Department Principal Secretary Principal Secretary Govt. of M.P., Vallabh Bhawan ,Bhopal , Madhya Pradesh and 2 others | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by M/S Malwa Steels | Disposed |
To see the full case history of Millennium Structurals (India) 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 Structurals (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Millennium Structurals (India) has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Millennium Structurals (India) Limited, buy the company report.
Recent activity
Millennium Structurals (India) Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Subhash Kumar Jaiswal was appointed as Director on 13 Aug 2020.
4 earlier events are in the company report.
Frequently asked questions
Millennium Structurals (India) is an active public limited company based in Indore, Madhya Pradesh, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 22 December 1999 (27+ years old) and is registered under CIN U28932MP1999PLC013920.
Millennium Structurals (India) has 3 current directors:
- Kapil Jaiswal - Managing Director
- Rajendra Kumar Rathi - Director
- Subhash Kumar Jaiswal - Director
The latest financial statements of Millennium Structurals (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Millennium Structurals (India) has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Millennium Structurals (India) is U28932MP1999PLC013920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millennium Structurals (India) has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the district courts.
Millennium Structurals (India) was incorporated on 22 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Gwalior.
Subhash Kumar Jaiswal was appointed as Director on 13 Aug 2020. Vishnu Kumar Joshi ceased to be Director on 13 Aug 2020. Kapil Jaiswal was appointed as Managing Director on 01 Sep 2009. Millennium Structurals (India) has 5 board changes on record in total.
The registered office of Millennium Structurals (India) is at 101 – Indore Trade Centre 32 South Tukoganj, Madhya Pradesh, India – 452001.
Millennium Structurals (India) operates in the machinery and equipment industry, in the industrial tools and components segment.
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