About Millennium Technotools Private Limited
Data last updated:
Millennium Technotools Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Victora Auto Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 20 October 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U29190DL2009PTC195339. Its GSTIN is 06AAGCM1988A1ZL (Haryana). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹58.92 Lakh. It was led by directors including Harbir Singh Banga and Ikjyot Kaur.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at C – 51 First Floor South Extension Part – II, South Delhi, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2023, the company reported a revenue of ₹106.21 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 2.7%) and EBITDA of ₹13.32 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 25% over five years.
The company had about 152 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹18.18 Cr on record. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹1.9 Cr; the latest was in March 2022. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 19 overdue payments to 6 micro and small suppliers.
The last known website on record is mttpl.com.
Company details
Contact details
Millennium Technotools Private Limited's registered office is in New Delhi, Delhi. Its website is mttpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 51 First Floor South Extension Part – II, South Delhi, New Delhi, Delhi, India – 110049
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Millennium Technotools 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 Millennium Technotools is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Millennium Technotools Private Limited, buy the company report.
Financials of Millennium Technotools Private Limited
FY 2023 filings availableMillennium Technotools Private Limited reported revenue of ₹106.21 Cr (up 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 37% growth in the latest year. EBITDA rose 1% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹106.21 Cr | ||||
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| EBITDA | ₹13.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.87 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Millennium Technotools Private Limited, buy the company report.
Board of directors of Millennium Technotools Private Limited
Millennium Technotools has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harbir Singh Banga | Director | 01 May 2022 | 4 Years 5 Months | As last reported |
| Ikjyot Kaur | Director | 16 Jan 2023 | 3 Years 9 Months | As last reported |
| Amitbir Singh Banga | Director | 01 May 2022 | 4 Years 5 Months | As last reported |
Shareholding
The shareholding of Millennium Technotools Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Millennium Technotools Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2021 | 100486263 | Others | ₹32.1 Lakh | Satisfied | |
| 29 Jun 2021 | 100478942 | Others | ₹16.99 Lakh | Satisfied | |
| 26 Dec 2018 | 100225913 | Tata Capital Financial Services Limited | ₹5 Cr | Satisfied | |
| 27 Oct 2017 | 100131189 | Others | ₹1.82 Cr | Satisfied | |
| 02 Dec 2015 | 10605669 | Small Industries Development Bank of India | ₹1.57 Cr | Satisfied |
To see the full charge records of Millennium Technotools Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Millennium Technotools Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹1.9 Cr; the latest was in March 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2018 | Funding round | ₹50 Lakh | Investors: an individual |
| Mar 2018 | Funding round | ₹70 Lakh | Investors: an individual |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
To see the full deal history of Millennium Technotools 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
No court or tribunal cases involving Millennium Technotools 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
Millennium Technotools Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 19 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Technocrats Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| Chitra Rubber Udyog II | |||
| an individual supplier |
To see the full MSME payment records of Millennium Technotools Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Millennium Technotools Private Limited has a workforce of 152 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Millennium Technotools has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCM1988A1ZL | Haryana | Active | 01 Jul 2017 |
| 24AAGCM1988A1ZN | Gujarat | Active | 27 Dec 2018 |
To see the full GST registrations and return filing status of Millennium Technotools Private Limited, buy the company report.
Recent activity
Millennium Technotools Private Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Ikjyot Kaur ceased to be Additional Director on 29 Sep 2023.
27 earlier events are in the company report.
Frequently asked questions
Millennium Technotools has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Millennium Technotools was a private limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 20 October 2009 and is registered under CIN U29190DL2009PTC195339. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Millennium Technotools was incorporated on 20 October 2009. It is registered with the Registrar of Companies, Delhi.
Millennium Technotools had 3 directors:
- Harbir Singh Banga - Director
- Ikjyot Kaur - Director
- Amitbir Singh Banga - Director
The CIN (Corporate Identification Number) of Millennium Technotools is U29190DL2009PTC195339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Millennium Technotools is at C – 51 First Floor South Extension Part – II, South Delhi, New Delhi, Delhi, India – 110049.
Millennium Technotools can be reached through the website mttpl.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Millennium Technotools on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Millennium Technotools is 06AAGCM1988A1ZL, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCM1988A1ZN (Gujarat).
Millennium Technotools operated in the automotive industry, in the auto parts and components segment.
Millennium Technotools has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹1.9 Cr; the latest was in March 2022.