Miltons Private Limited
About Miltons Private Limited
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Miltons Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 30 November 1964 and has been in existence for over 62 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1964PTC013070. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Latika Arvind Amersey and Arvind Purshottam Amersey.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.13 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹2.16 Cr (net margin -191.5%) and EBITDA of -₹3.08 Cr (EBITDA margin -273.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
As per MCA filings, the company has open charges of ₹5.24 Cr and satisfied charges of ₹97.22 Cr on record. Court records list 67 cases involving the company, including 29 filed by the company and 38 filed against it; 8 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Miltons Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressArvind House Quay Street Reay Road Next Sewree Police Station Darukhana M, Azagaon, Mumbai, Maharashtra, India – 400010
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Miltons 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
Financials of Miltons Private Limited
FY 2017 filings availableMiltons Private Limited reported revenue of ₹1.13 Cr (down 30% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.13 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.08 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.16 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -273.9% | ||
| Net Profit Margin | -191.5% | ||
| 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 Miltons Private Limited, buy the company report.
Board of directors of Miltons Private Limited
Miltons has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Latika Arvind Amersey | Director | 11 Mar 2014 | 12 Years 7 Months | Current |
| Arvind Purshottam Amersey Also directs: Hemkiran Packaging Private Limited | Director | 06 Feb 1991 | 35 Years 8 Months | Current |
| Shalini Purshottam Amersey Also directs: Amersey Realtors Private Limited | Additional Director | 11 Mar 2014 | 12 Years 7 Months | Current |
| Harshvadan Purshottam Amersey Also directs: Hemkiran Packaging Private Limited | Director | 27 Jul 2006 | 20 Years 2 Months | Current |
| Purshottam Nandlal Amersey Also directs: Hemkiran Packaging Private Limited | Director | 30 Nov 1964 | 61 Years 10 Months | Current |
| Meher Purshottam Amersey Also directs: Hemkiran Packaging Private Limited | Director | 20 Jan 1975 | 51 Years 9 Months | Current |
Auditor
Miltons Private Limited is audited by RAMESH C SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH C SHAH & ASSOCIATES | FY 2017 | 108532W |
Shareholding
The shareholding of Miltons Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Miltons Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 1997 | 90218101 | Union Bank of India | ₹3.5 Cr | Open | |
| 25 Apr 1990 | 90217399 | Union Bank of India Ltd. | ₹1.5 Cr | Open | |
| 19 Aug 1969 | 90216490 | Union Bank of India Ltd. | ₹24 Lakh | Open | |
| 25 May 2001 | 90218407 | Bank of Baroda | ₹50 Lakh | Satisfied | |
| 01 Mar 2001 | 90219790 | Union Bank of India Ltd. | ₹11.4 Cr | Satisfied |
To see the full charge records of Miltons Private Limited, buy the company report.
Total charge records: 43 View all charges
Legal cases
Miltons Private Limited has 67 court cases on record: 29 filed by Miltons, 38 filed against it. 8 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 27 | 6 |
| High courts | 26 | 10 | 2 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe.Appln.) | Filed against the company by Subham Fabrics LLP Through Its Partner Mr. Amit Ramesh Rishi | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by New Mahalaxmi Silk Mills Pvt Ltd Through Mihir Ramesh Mehta | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by M S Subham Fabrics LLP Through Authorised Person Mr Amit Ramesh Rishi | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against Sound Garden Media Private Limited and 6 others | Pending |
| Supreme Court | Court case (Review Petition (Civil)) | Filed by the company against The New India Assurance Company Ltd | Disposed |
To see the full case history of Miltons 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 Miltons Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Miltons Private Limited has 2 active EPFO establishments as of Apr 08, 2024.
GST
Miltons has 2 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 Miltons Private Limited, buy the company report.
Recent activity
Miltons Private Limited has 6 board changes on record since 1964: 6 appointments. The latest: Latika Arvind Amersey was appointed as Director on 11 Mar 2014.
85 earlier events are in the company report.
Frequently asked questions
Miltons is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 30 November 1964 (62+ years old) and is registered under CIN U99999MH1964PTC013070.
Miltons has 6 current directors:
- Latika Arvind Amersey - Director
- Arvind Purshottam Amersey - Director
- Shalini Purshottam Amersey - Additional Director
- Harshvadan Purshottam Amersey - Director
- Purshottam Nandlal Amersey - Director
- Meher Purshottam Amersey - Director
The latest financial statements of Miltons on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Miltons has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Miltons is U99999MH1964PTC013070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miltons has 67 court cases on record: 29 filed by the company and 38 filed against it. 8 are pending. Most are in the district courts.
Miltons was incorporated on 30 November 1964, making it 62+ years old. It is registered with the Registrar of Companies, Mumbai.
Latika Arvind Amersey was appointed as Director on 11 Mar 2014. Shalini Purshottam Amersey was appointed as Additional Director on 11 Mar 2014. Harshvadan Purshottam Amersey was appointed as Director on 27 Jul 2006. Miltons has 6 board changes on record in total.
The registered office of Miltons is at Arvind House Quay Street Reay Road Next Sewree Police Station Darukhana M, Azagaon, Mumbai, Maharashtra, India – 400010.
Miltons operates in the home and lifestyle industry, in the textile retail and distribution segment.