About Milestone Devprojects Private Limited
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Milestone Devprojects Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 May 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2008PTC322526.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.11 Lakh. It was led by directors Sanjay Singhal and Anita Singhal.
Its last annual general meeting (AGM) was held on 14 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Ground Floor 8 Todermal Lane Bengali Market, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2017, the company reported a revenue of ₹13,032, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹12,548 (net margin -96.3%) and EBITDA of -₹25,580 (EBITDA margin -196.3%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
As per MCA filings, the company had satisfied charges of ₹58.36 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The last known website on record is milestonecapital.in.
Company details
CIN history
Milestone Devprojects has one previous CIN (Corporate Identification Number): U45200MH2008PTC182606. The current CIN is U45200DL2008PTC322526, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200DL2008PTC322526 | Current |
| U45200MH2008PTC182606 | Previous |
Contact details
Milestone Devprojects Private Limited's registered office is in New Delhi, Delhi. Its website is milestonecapital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor 8 Todermal Lane Bengali Market, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Milestone Devprojects 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 Milestone Devprojects Private Limited
FY 2018 filings availableMilestone Devprojects Private Limited reported revenue of ₹13,032 (down 22% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 22% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹13,032 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹25,580 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12,548 | ||
| 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 | -196.3% | ||
| Net Profit Margin | -96.3% | ||
| 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 Milestone Devprojects Private Limited, buy the company report.
Board of directors of Milestone Devprojects Private Limited
Milestone Devprojects has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Singhal | Director | 12 Jul 2016 | 10 Years 3 Months | As last reported |
| Anita Singhal Also directs: Agroha Stock Broking LLP, Sheffield Marketing LLP, Milestone Mega City Private Limited and 5 more | Director | 12 Jul 2016 | 10 Years 3 Months | As last reported |
Auditor
Milestone Devprojects Private Limited is audited by SUSHIL RENU & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHIL RENU & COMPANY | FY 2017 | 011533N |
Shareholding
The shareholding of Milestone Devprojects Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Milestone Devprojects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2016 | 100045608 | Others | ₹25 Cr | Satisfied | |
| 24 Dec 2009 | 10197857 | Punjab National Bank | ₹33.36 Cr | Satisfied |
To see the full charge records of Milestone Devprojects Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Milestone Devprojects Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Appeal | Filed against the company by M/S Mile Stone Mega City Pvt. Ltd. and Others | Disposed |
| District court, Rewari, Haryana | Court case (LAC) | Filed against the company by M/S Mile Stone Mega City Pvt Ltd | Disposed |
| District court, Rewari, Haryana | Civil miscellaneous application | Filed against the company | Disposed |
To see the full case history of Milestone Devprojects 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 Milestone Devprojects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Milestone Devprojects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milestone Devprojects Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Anita Singhal ceased to be Additional Director on 29 Sep 2016.
4 earlier events are in the company report.
News
Frequently asked questions
Milestone Devprojects 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.
Milestone Devprojects was a private limited company based in New Delhi, Delhi, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 May 2008 and is registered under CIN U45200DL2008PTC322526. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Milestone Devprojects was incorporated on 23 May 2008. It is registered with the Registrar of Companies, Delhi.
Milestone Devprojects had 2 directors:
- Sanjay Singhal - Director
- Anita Singhal - Director
The CIN (Corporate Identification Number) of Milestone Devprojects is U45200DL2008PTC322526. 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 Milestone Devprojects is at Ground Floor 8 Todermal Lane Bengali Market, New Delhi, Delhi, India – 110001.
Milestone Devprojects can be reached through the website milestonecapital.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Milestone Devprojects on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 14 September 2018. Year-wise statements from 2015 are in the company report.
Milestone Devprojects operated in the real estate and construction industry, in the real estate builders and developers segment.
Milestone Devprojects has 3 court cases on record: 3 filed against it. Most are in the district courts.