Millennium Wires Private Limited

Millennium Wires Private Limited - manufacturing in Jalandhar, Punjab, India. FY 2026 financials & compliance.
CIN U31300PB2001PTC024339 Incorporated 16 April 2001 ROC Chandigarh HQ Jalandhar, Punjab, India
Under Liquidation Private Limited Company manufacturing
Data last updated
Revenue · FY 2016
₹8.38 Cr
▼ 53% YoY
Net loss · FY 2016
₹4.8 Cr
Net margin -57.2%
EBITDA · FY 2016
-₹1.15 Cr
EBITDA margin -13.7%
Authorised capital
₹4.7 Cr
Registered with MCA
Paid-up capital
₹4.7 Cr
Issued & subscribed
Open charges
₹42.95 Cr
Satisfied ₹3.9 Cr
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings

About Millennium Wires Private Limited

Data last updated:

Millennium Wires Private Limited is a private limited company based in Jalandhar, Punjab, 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 cable and wire segment of the manufacturing sector. It was incorporated on 16 April 2001.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31300PB2001PTC024339. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹4.7 Cr and a paid-up capital of ₹4.7 Cr. It is led by directors Rakesh Khanna and Sarita Khanna.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 397 Lajpat Nagar Near Gymkhana Club, Jalandhar, Punjab, India – 144001.

As per the financials filed for FY 2016, the company reported a revenue of ₹8.38 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹4.8 Cr (net margin -57.2%) and EBITDA of -₹1.15 Cr (EBITDA margin -13.7%).

As per MCA filings, the company has open charges of ₹42.95 Cr and satisfied charges of ₹3.9 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 2 cases are pending.

Company Details of Millennium Wires Private Limited
CIN U31300PB2001PTC024339
Registration Number 024339
Incorporation Date 16 April 2001
ROC Chandigarh
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    397 Lajpat Nagar Near Gymkhana Club, Jalandhar, Punjab, India – 144001
  • Industry
    Manufacturing, Cable & Wire
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Financials, compliance, directors, charges, ownership and filings for Millennium Wires Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Millennium Wires Private Limited FY 2018 filings available

Millennium Wires Private Limited reported revenue of ₹8.38 Cr (down 53% YoY) for FY 2016.

Revenue · FY 2016
₹8.38 Cr ▼ 53%
Net loss · FY 2016
₹4.8 Cr margin -57.2%
EBITDA · FY 2016
-₹1.15 Cr margin -13.7%

Compounded Annual Growth Rate (CAGR) of Millennium Wires Private Limited

Revenue CAGR growth
1 year
▼ 53%

Revenue fell 53% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Millennium Wires Private Limited

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue₹8.38 Cr••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA-₹1.15 Cr••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)-₹4.8 Cr••••
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 of Millennium Wires Private Limited

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin-13.7%••••
Net Profit Margin-57.2%••••
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••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Millennium Wires are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Millennium Wires Private Limited

Millennium Wires Private Limited is audited by SURESH MAHAJAN & CO for the financial year 2016.

NameStatusAppointment DateCessation Date
SURESH MAHAJAN & COLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Millennium Wires Private Limited

Millennium Wires has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rakesh KhannaDirector21 Sep 200521 Years 0 MonthsAs last reported
Sarita KhannaDirector21 Nov 200124 Years 10 MonthsAs last reported

Ownership and Shareholding of Millennium Wires Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Millennium Wires Private Limited

Open charges
₹42.95 Cr
Satisfied charges
₹3.9 Cr
Breakdown by lending institutions
Oriental Bank of Commerce₹42.95 Cr
Latest charge details
DateLenderAmountStatus
24 Sep 2009Oriental Bank of Commerce₹97.56 LakhOpen
15 Feb 2002Oriental Bank of Commerce₹41.97 CrOpen
07 Apr 2011Oriental Bank of Commerce₹1.55 CrSatisfied
16 Feb 2009Oriental Bank of Commerce₹60 LakhSatisfied
07 Apr 2008Oriental Bank of Commerce₹32.35 LakhSatisfied

Total charge records: 7 View all charges

Employees and EPFO Compliance at Millennium Wires Private Limited

Employment history and EPFO contributions of people linked to Millennium Wires.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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Recent Activity on Millennium Wires Private Limited

Millennium Wires Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Divyanshu Khanna ceased to be Director on 31 Dec 2011.

AGM
Millennium Wires Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Millennium Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh.
Charges
A charge with Oriental Bank Of Commerce of Rs. 41.97 Cr registered on 15 Feb 2002 with Charge ID 90174039 was modified on 11 Oct 2014.
Charges
A charge registered on 07 Apr 2011 via Charge ID 10278727 with Oriental Bank Of Commerce was fully satisfied on 06 Jun 2012.
Ceased
Divyanshu Khanna ceased to be Director.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 1.55 Cr with Charge ID 10278727 was registered on 07 Apr 2011.
Charges
A charge registered on 07 Apr 2008 via Charge ID 10102223 with Oriental Bank Of Commerce was fully satisfied on 23 Feb 2011.
Charges
A charge registered on 16 Feb 2009 via Charge ID 10150289 with Oriental Bank Of Commerce was fully satisfied on 16 Mar 2010.
Charges
A charge registered on 15 Feb 2002 via Charge ID 90175271 with Oriental Bank Of Commerce was fully satisfied on 16 Mar 2010.
Charges
A charge registered on 15 Feb 2002 via Charge ID 90311693 with Oriental Bank Of Commerce was fully satisfied on 16 Mar 2010.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 0.98 Cr with Charge ID 10181755 was registered on 24 Sep 2009.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 0.60 Cr with Charge ID 10150289 was registered on 16 Feb 2009.

8 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Millennium Wires Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Millennium Wires Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Millennium Wires Private Limited

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Corporate group structure

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GST Compliance of Millennium Wires Private Limited

Millennium Wires has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Millennium Wires Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

  • Incorporation documents
  • Annual returns and statements
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Frequently Asked Questions about Millennium Wires Private Limited

Millennium Wires 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 Wires is a company under liquidation, formerly operating as a private limited company based in Jalandhar, Punjab, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 16 April 2001 and is registered under CIN U31300PB2001PTC024339. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Millennium Wires reported revenue of ₹8.38 Cr for FY 2016 (down 53% YoY).

Millennium Wires has 2 current directors:

Millennium Wires reported a net loss of ₹4.8 Cr (net margin -57.2%) and EBITDA of -₹1.15 Cr (EBITDA margin -13.7%) for FY 2016, as per its filed financial statements.

The CIN (Corporate Identification Number) of Millennium Wires is U31300PB2001PTC024339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Millennium Wires has open charges of ₹42.95 Cr and satisfied charges of ₹3.9 Cr as per latest MCA filings.

Millennium Wires has 20 court cases on record: 6 filed by the company and 14 filed against it. 2 are pending. Most are in the district courts.

Millennium Wires was incorporated on 16 April 2001. It is registered with the Registrar of Companies, Chandigarh.

Divyanshu Khanna ceased to be Director on 31 Dec 2011. Rakesh Khanna was appointed as Director on 21 Sep 2005. Sarita Khanna was appointed as Director on 21 Nov 2001.

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