Milltec Machinery Limited - Company overview

Milltec Machinery is shown as "Amalgamated" in MCA records.

1998-08-28 Karnataka, Karnataka Amalgamated Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▲ 15.0%
FY 2019
PROFIT / LOSS
₹10–25 Cr
▼ -40.8%
FY 2019
EBITDA
₹50–100 Cr
▲ 9.7%
FY 2019
NET WORTH
₹100–500 Cr
▲ 5.5%
FY 2019
TOTAL ASSETS
₹100–500 Cr
▲ 6.1%
FY 2019
EMPLOYEE COUNT
411–420
OPEN CHARGES
3
-
PAID-UP CAPITAL
10.00 cr
AUTHORISED CAPITAL
15.00 cr
COMPANY AGE
28 Years 2 Months
since 1998-08-28
LAST FILING WITH ROC
2019-03-31
Last AGM: 2019-08-03
ACTIVE GST
2
Updated: 2023-02-27 00:22:50
TOTAL MONEY RAISED
₹5–10 Cr
SATISFIED CHARGES
6
80.44 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Milltec Machinery covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
62/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (23), financial health (95), director (55) and company-foundation signals.
  • Operating for 28+ years.
Compliance Score High risk
23/100
Statutory filings, status and regulatory flags.
  • Company status is "Amalgamated" (not Active).
  • Last balance sheet filed for Mar 2019 - filings look overdue.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2019.
  • Positive net worth.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 14 directors on the board.
  • Director NICOLLE PARKER has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Milltec Machinery Company identity, industry, contact, and registration details from MCA and company records.

Milltec Machinery is shown as "Amalgamated" in MCA records. It was registered with ROC Bangalore on 28 August 1998 as a public limited company. The registered office is at No 51/A Phas1 Kiadbe Indl Areabommasandra Bangalore, Karnataka. It was earlier known as Milltec Machinery Private Limited.

In its MCA filings the main business is listed as electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment, which made up 96% of turnover.

It has 14 directors: Rajendran Joghee, Avijit Mishra, Rajan Agarwal and 11 others. The longest-serving is Rajendran Joghee, on the board since 1998; the most recent to join is Avijit Mishra, appointed in February 2020. Rajendran Joghee is the managing director. The board changed around March 2019, when Prakash Kulathu Iyer, Sridhar Sankararaman, Saravanan Arumugam and Rajasekhara Reddy stepped down and new directors joined. Between them, the directors also sit on the boards of 12 other companies, including Milltec Machinery Private Limited and Apit Machinery Private Limited.

₹10 crore of its ₹15 crore authorised capital is paid up (about 67%). Its latest balance sheet on MCA is for the year ending 31 March 2019, and the last AGM was on 3 August 2019. All six charges registered against it have been satisfied, so no secured loan is open.

Machinery and Equipment ••••••••
  • Location No 51/A Phas1 Kiadbe Indl Areabommasandra Bangalore, Karnataka, Karnataka - 560099
  • Website milltecmachinery.com
Name History
Legal NameMilltec Machinery Limited
CIN / LLPINU85110KA1998PLC024139
Company No.024139
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1998-08-28
Date of AGM2019-08-03
Date of Balance Sheet2019-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
Credit RatingA (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Milltec Machinery (14) Current board members from MCA filings, including designation and appointment details.

R
Rajendran Joghee
Managing Director | Since 1998-08-28 | DIN: 02505486
A
Avijit Mishra
Company Secretary | Since 2020-02-27
R
Rajan Agarwal
CEO
G
Ganapathy Subramaniam
CFO | Since 2018-04-05
R
Ryan Gordon Kipp
Director | Since 2019-07-31 | DIN: 08504133
N
Noam Silberstein
Director | Since 2019-07-31 | DIN: 08504115

Financial Performance of Milltec Machinery Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2019
Revenue ₹100–500 Cr ▲ 15.0%
P&L ₹10–25 Cr ▼ -40.8%
EBITDA ₹50–100 Cr ▲ 9.7%
Net worth ₹100–500 Cr ▲ 5.5%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Milltec Machinery Open and satisfied charges registered against the company with MCA.

L & T Finance Limited : 70.00 cr
State Bank Of India : 2.54 cr
Sundaram Home Finance Limited : 1.30 cr
Open Charges: 3 Satisfied Charges: 6
Open -
Satisfied 80.44 cr
LenderAmountStatus
L & T Finance Limited
Creation Date: 30 May 2013
 35.00 cr Closed
L & T Finance Limited
Creation Date: 30 May 2013
 35.00 cr Closed
State Bank Of India
Creation Date: 28 Jan 2009
 1.50 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingElectrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment96

Companies With Common Directors Of Milltec Machinery Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Milltec Machinery Private Limited 2 Shared Directors
Apit Machinery Private Limited 1 Shared Director
Bhojan Microfinance Private Limited 1 Shared Director
July Ventures Llp 1 Shared Director
Juuuno Adtech Solutions Private Limited 1 Shared Director
M.S.Sorters Private Limited 1 Shared Director
Milltec Industries And Power Solutions Private Limited 1 Shared Director
Milltec Industries Bangalore Private Limited 1 Shared Director
Milltec Outsourcing Private Limited 1 Shared Director
Mts Industries Private Limited 1 Shared Director
Nals Outdoors India Private Limited 1 Shared Director
Natura Agro Fuels Private Limited 1 Shared Director

Financial Ratios of Milltec Machinery Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Milltec Machinery Ownership and contribution detail from filings. Full breakdown unlocks with your report.

3 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Milltec Machinery EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Milltec Machinery GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Milltec Machinery Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Milltec Machinery MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Milltec Machinery Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Milltec Machinery Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Milltec Machinery?
MCA does not publish an "owner" field. Milltec Machinery is run by its directors, Rajendran Joghee, Avijit Mishra, Rajan Agarwal and 11 others, with Rajendran Joghee as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Milltec Machinery?
Milltec Machinery has 14 current directors: Rajendran Joghee (since August 1998), Avijit Mishra (since February 2020), Rajan Agarwal, Ganapathy Subramaniam (since April 2018), Ryan Gordon Kipp (since July 2019) and Noam Silberstein (since July 2019), plus 8 more. Rajendran Joghee is the managing director.
What is CIN of Milltec Machinery?
The CIN of Milltec Machinery is U85110KA1998PLC024139. Reading it left to right: U means it is not listed, 85110 is the industry code it registered under, KA is Karnataka, 1998 is the year it was registered, PLC is the company type and 024139 is its registration number.
When was Milltec Machinery incorporated?
Milltec Machinery was incorporated on 28 August 1998 with ROC Bangalore. That makes it more than 28 years old.
What is the registered address of Milltec Machinery?
The registered office on MCA records is No 51/A Phas1 Kiadbe Indl Areabommasandra Bangalore, Karnataka - 560099.
What is the current status of Milltec Machinery?
MCA shows Milltec Machinery as "Amalgamated". It has been merged into another company and no longer exists on its own.
What is the contact number or email for Milltec Machinery?
You can post to its registered office at No 51/A Phas1 Kiadbe Indl Areabommasandra Bangalore, Karnataka, Karnataka - 560099 and use its website, https://milltecmachinery.com.
What industry or business activity is Milltec Machinery associated with?
Its MCA filings list the main business as electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment (96% of turnover).
What is paid-up capital and authorised share capital of Milltec Machinery?
Paid-up capital is ₹10 crore and authorised capital is ₹15 crore, so about 67% of the authorised amount has been issued.
When did Milltec Machinery last file accounts and hold an AGM?
The last AGM on record was on 3 August 2019, and the latest balance sheet is for the year ending 31 March 2019.
Where can I see charges and lenders for Milltec Machinery?
No charge is open. All six charges registered against Milltec Machinery have been satisfied. Lenders named in the filings include L & T Finance Limited, State Bank Of India and Sundaram Home Finance Limited.
Have any directors left Milltec Machinery?
Yes, seven former directors are on record. The most recent to leave were Prakash Kulathu Iyer (March 2019), Sridhar Sankararaman (March 2019) and Saravanan Arumugam (March 2019).
Which companies share directors with Milltec Machinery?
12 companies share directors with Milltec Machinery. Among them are Milltec Machinery Private Limited, Apit Machinery Private Limited, Bhojan Microfinance Private Limited and 9 more.
What is the turnover or revenue of Milltec Machinery?
Based on filed financial statements, the revenue of Milltec Machinery for FY 2019 was in the ₹100–500 Cr range. That is up 15.0% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Milltec Machinery?
For FY 2019, the net worth of Milltec Machinery was in the ₹100–500 Cr range.
How can I get the financial details of Milltec Machinery?
The latest accounts on record are for FY 2019. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Milltec Machinery?
The website on record for Milltec Machinery is https://milltecmachinery.com.
Which company owns milltecmachinery.com?
milltecmachinery.com is the website listed for Milltec Machinery Limited in its company records.
Milltec Machinery - is it listed or unlisted?
Milltec Machinery is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Milltec Machinery?
Milltec Machinery is registered with ROC Bangalore.
What is the company classification of Milltec Machinery?
MCA classifies Milltec Machinery as: Public Limited Indian Non-Government Company.
Does Milltec Machinery have GST registrations on file?
Yes, 2 active GST registrations are linked to Milltec Machinery, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.