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Company Information

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MILESTONE FURNITURE LTD.

22 November 2024 | 12:00

Industry >> Furniture, Furnishing & Flooring

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ISIN No INE424Z01011 BSE Code / NSE Code 541337 / MILEFUR Book Value (Rs.) 26.84 Face Value 10.00
Bookclosure 13/08/2024 52Week High 11 EPS 0.00 P/E 0.00
Market Cap. 8.01 Cr. 52Week Low 4 P/BV / Div Yield (%) 0.32 / 0.00 Market Lot 3,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The company was originally incorporated as Milestone Furniture Private Limited on March 12, 2014 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Mumbai. the company was subsequently converted in to a public company and consequently name was changed to Milestone Furniture Limited (MFL) vide fresh certificate of incorporation dated July5th, 2016 issued by Registrar of Companies, Mumbai. The CIN of the Company is U36912MH2014PLC254131.

The company was incorporated by our Promoters- Mr. Ganeshkumar S. Patalikadan and Mr. Digambar S. Songhare with an aim of running manufacturing and marketing of furniture business. As a part of business growth, the Company registered with the Registrar of Companies, Mumbai on 12th March, 2014 as Milestone Furniture Private Limited.

Currently, we have a head office and a sales office located in Mumbai, Maharashtra. Both the promoters of the company are having more than 10 years of experience in furniture making and designing interiors. The Company has fully equipped Factory and warehouse at Chandivali, Andheri. The total manufacturing facility of the company amounts to 8,000 Sq feet. The company provides the right kind of furniture that is practical and affordable as well as attractive and enduring. It can be tailored as per unique needs. The company is using latest machineries and technology. The company keeps on up-grading its Manufacturing set-up, design capabilities and workmanship to deliver superior quality products with on-time deliveries and without any compromise on quality.

The company establishes a long-term relationship with their clients by providing good quality product, which will surely go a long way and benefit the company. The company is backed by a team of highly creative and experienced professionals who have an affinity for creating innovative designs. The company`s team has been a major strength as it understands the varied needs of the clients and works accordingly. From processing to finish, the company tries its best to ensure the quality of every single product delivered by the company.

Milestone Furniture Ltd is rapidly growing Company in manufacturing of furnitures.based in Mumbai, Maharashtra, in the field of Interior, Builders and Developers, Furniture, Turnkey Solutions and Related Domains. In Turnkey Solutions we cater Electrical Civil, Ceilings , Paintings , POP, Plumbing, Furniture (Fix Furniture and Modular Furniture), Wall Papers, Blinds, Curtains, Films, etc.

Our Promoters, Mr. Ganeshkumar S. Patalikadan and Mr. Digambar S. Songhare with their rich experience of more than 10 years, have been prominent is growing the furniture business in a more organized manner thereby expanding their horizon to various sectors. For further information on our business.

Our Revenues have grown from Rs. 551.76 Lakhs in fiscal 2016 to Rs. 894.68 Lakhs in fiscal 2017. Our net profit after tax was Rs.19.89 Lakhs in fiscal 2016 and Rs. 32.48 Lakhs in fiscal 2017. For further details pertaining to our financial performance.