About Milestone Aluminium Company Private Limited
Data last updated:
Milestone Aluminium Company Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 February 1997.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1997PTC021857. Its GSTIN is 29AABCM1495M1ZZ (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.52 Cr. It is led by directors including Javed Anwar (Managing Director) and Zeba Anwar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. B – 171/202 4th Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.09 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 12.4%) and EBITDA of ₹3.28 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 13% over five years.
The company is associated with 1 brand: Milestone Aluminium. As per MCA filings, the company has satisfied charges of ₹18.82 Cr on record. Court records list 44 cases involving the company, including 3 filed by the company and 41 filed against it.
The last known website on record is milestonealuminium.com.
Company details
CIN history
Milestone Aluminium Company has one previous CIN (Corporate Identification Number): U27203KA1997PTC021857. The current CIN is U85110KA1997PTC021857, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1997PTC021857 | Current |
| U27203KA1997PTC021857 | Previous |
Contact details
Milestone Aluminium Company Private Limited's registered office is in Bangalore, Karnataka. Its website is milestonealuminium.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. B – 171/202 4th Main 2nd Stage Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Milestone Aluminium Company 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
Brands
Milestone Aluminium Company operates one associated brand: Milestone Aluminium. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in offering high-quality aluminium cladding sheets. | milestonealuminium.com |
Business activity
The main business activity of Milestone Aluminium Company is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Milestone Aluminium Company Private Limited, buy the company report.
Financials of Milestone Aluminium Company Private Limited
FY 2024 filings availableMilestone Aluminium Company Private Limited reported revenue of ₹23.09 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 16% growth in the latest year. EBITDA fell 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.28 Cr | ||||
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| Net Profit (PAT) | ₹2.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 12.4% | ||||
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To see the full financial statements and ratios of Milestone Aluminium Company Private Limited, buy the company report.
Board of directors of Milestone Aluminium Company Private Limited
Milestone Aluminium Company has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Thatikonda | Irp/Rp/Liquidator | 04 Feb 2026 | 0 Years 9 Months | As last reported |
| Shanthakumar Malagi Also directs: Square Feet Legal Services Private Limited | Additional Director | 03 Nov 2009 | 17 Years 0 Months | As last reported |
| Javed Anwar | Managing Director | 24 Feb 1997 | 29 Years 8 Months | As last reported |
| Zeba Anwar | Whole-Time Director | 01 Jul 1999 | 27 Years 4 Months | As last reported |
Peer comparison
Milestone Aluminium Company Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Aluminium, Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panda Infratech Limited | ₹23.11 Cr (FY 2025) | 44.0% | Bhubaneswar, Odisha, India | |||
| Oorjita Projects Private Limited | ₹23.09 Cr (FY 2024) | -39.0% | Hyderabad, Telangana, India | |||
| Milestone Aluminium Company Private Limitedthis company | ₹23.09 Cr (FY 2024) | ₹2.87 Cr | 12.4% | 16.0% | Bangalore, Karnataka, India | |
| Vedass Global Infrastructure & Projects Private Limited | ₹23.07 Cr (FY 2025) | 112.0% | Chennai, Tamil Nadu, India | |||
| Vital Developers Private Limited | ₹23.07 Cr (FY 2025) | 132.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Milestone Aluminium Company Private Limited, buy the company report.
Auditor
Milestone Aluminium Company Private Limited is audited by G D & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D & ASSOCIATES | FY 2022 | 011187S |
Shareholding
The shareholding of Milestone Aluminium Company Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Milestone Aluminium Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2006 | 10023087 | State Bank of India | ₹8.93 Cr | Satisfied | |
| 24 May 2006 | 10004202 | Syndicate Bank | ₹1.5 Cr | Satisfied | |
| 02 Mar 2006 | 80059199 | Syndicate Bank | ₹1 Cr | Satisfied | |
| 19 Oct 2005 | 80059198 | Syndicate Bank | ₹4.8 Cr | Satisfied | |
| 19 Nov 2003 | 90192774 | Syndicate Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Milestone Aluminium Company Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Milestone Aluminium Company Private Limited has 44 court cases on record: 3 filed by Milestone Aluminium Company, 41 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 34 | 0 |
| NCLAT | 5 | 5 | 0 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Archintex Architecturals Pvt. Ltd. Through Rakesh Sushilkumar Ghai | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Archintex Architecturals Pvt. Ltd. Through Its Director Mr. Rakesh Sushilkumar Ghai | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Osaka Rubber Pvt Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by M/S Osaka Rubber Pvt Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S Osaka Rubber Pvt Ltd. | Disposed |
To see the full case history of Milestone Aluminium Company 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 Aluminium Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Milestone Aluminium Company has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM1495M1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Milestone Aluminium Company Private Limited, buy the company report.
Recent activity
Milestone Aluminium Company Private Limited has 7 board changes on record since 1997: 4 appointments and 3 cessations. The latest: Srinivas Thatikonda was appointed as Irp/Rp/Liquidator on 04 Feb 2026.
30 earlier events are in the company report.
Frequently asked questions
Milestone Aluminium Company is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Milestone Aluminium Company is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 February 1997 and is registered under CIN U85110KA1997PTC021857. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Milestone Aluminium Company has 4 current directors:
- Javed Anwar - Managing Director
- Zeba Anwar - Whole-Time Director
- Shanthakumar Malagi - Additional Director
- Srinivas Thatikonda - Irp/Rp/Liquidator
The latest financial statements of Milestone Aluminium Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Milestone Aluminium Company is U85110KA1997PTC021857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milestone Aluminium Company has no open charges and satisfied charges of ₹18.82 Cr as per latest MCA filings.
Milestone Aluminium Company has 44 court cases on record: 3 filed by the company and 41 filed against it. Most are in the district courts.
Milestone Aluminium Company was incorporated on 24 February 1997. It is registered with the Registrar of Companies, Bangalore.
The peers of Milestone Aluminium Company by revenue are Panda Infratech Limited, Oorjita Projects Private Limited, Vedass Global Infrastructure & Projects Private Limited, Vital Developers Private Limited, all in the Real Estate industry (Aluminium, Builders and Developers), with the same principal business activity (buildings).
Srinivas Thatikonda was appointed as Irp/Rp/Liquidator on 04 Feb 2026. Mahmooda Begum ceased to be Director on 29 Mar 2019. Shanthakumar Malagi ceased to be Additional Director on 31 Mar 2014. Milestone Aluminium Company has 7 board changes on record in total.
Milestone Aluminium Company can be reached through the website milestonealuminium.com. Its registered office is in Bangalore, Karnataka, India.
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