MIL Industries and Aerospace Unlisted Shares
MIL Industries and Aerospace Ltd.
INE0J1Y01016
Listing Status: DRHP Not Filed
About MIL Industries and Aerospace Unlisted Shares
Overview of MIL Industries and Aerospace Unlisted Shares
The Fluoropolymer business of MIL Industries Ltd. (MIL) comprising of : is now demerged and spun off into an independent standalone company. PREVIOUSLY, THE COMPANY WAS WHOLLY OWNED SUBSIDIARY OF MIL INDUSTRIES LTD, WHICH DEMERGED INTO SEPARATE ENTITY AS A MIL INDUSTRIES AND AEROSPACE LTD IN YEAR 2022
The spinoff company is named MIL Industries and Aerospace Limited (MILIA).
The same Management, same plant locations, same key personnel, and the same culture of excellence, quality on par with international standards, now with enhanced world class facilities, a sharper focus on flexibility in catering to customers’ needs, including the ability to develop bespoke items.
MIL has been India’s largest and best-known industrial lining company (Rubber and Fluoropolymer), internationally renowned, and servicing customers in India and aboard for over 50 years.
MILIA’s manufacturing facilities are located in Gummidipoondi, as well as in Ambattur in Chennai, with in-house testing facilities, fabrication capability, modern machinery, a skilled workforce, and a reliable supply chain, helping us fulfil the needs of our happy customers.
Vision of the Company: To setup process automation and advanced infrastructure and to become global partners in supplying PTFE products worldwide with reduced turnaround time to meet consumer’s specific demand.
Mission of the Company: To be a preferred partner for organizations in the global market of PTFE products and services and meet customer requirements to their satisfaction by taking a cost-effective approach to increasing productivity and profitability.
Insights of MIL Industries and Aerospace Unlisted Shares
Summary of Financial Analysis With Previous Year
OPERATIONS OF THE COMPANY
The company has made a profit in both years, and this year the profit has increased. The company's finance costs have also decreased compared to last year.
There has been an increase in the turnover of the Company from Rs. 2,253.15 lakhs
in the previous year to Rs. 2,309.33 Lakhs in the current year.
There has been an increase in the Profi t After Tax (PAT) of the Company from
Rs. 197.87 lakhs in the previous year to Rs. 217 Lakhs in the current year.
DIVEDEND
Company is also showing consistency in paying dividend to the shareholders.
Dividend fo the current year as well as previous year is Rs 1/Share
Financial Charts of MIL Industries and Aerospace Unlisted Shares
Balance Sheet of MIL Industries and Aerospace Unlisted Shares
Profit and Loss of MIL Industries and Aerospace Unlisted Shares
Ancillary of MIL Industries and Aerospace Unlisted Shares
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of MIL Industries and Aerospace Unlisted Shares
-
How to buy MIL Industries and Aerospace Ltd.?
Below are three ways through which you can purchase MIL Industries and Aerospace Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy MIL Industries and Aerospace Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
How to sell MIL Industries and Aerospace Ltd.?
Below are three ways through which you can sell MIL Industries and Aerospace Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell MIL Industries and Aerospace Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
What is the price of MIL Industries and Aerospace Ltd.?
We provide a two way quote on all the shares we deal in. Your buy price for MIL Industries and Aerospace Ltd. is ₹149 and your sell price for MIL Industries and Aerospace Ltd. is ₹95. The price is based on our estimates and market conditions.
-
What is the lock-in period of MIL Industries and Aerospace Ltd.?
The lock-in period for MIL Industries and Aerospace Ltd. varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of MIL Industries and Aerospace Ltd.
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of MIL Industries and Aerospace Ltd.
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
-
How is the MIL Industries and Aerospace Ltd. price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of MIL Industries and Aerospace Ltd.. The price is also determined from the most recent funding round for MIL Industries and Aerospace Ltd.. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
-
What are the lot sizes of MIL Industries and Aerospace Ltd.?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of MIL Industries and Aerospace Ltd. with us kindly click here.
-
What are the financials of MIL Industries and Aerospace Ltd.?
The financials of MIL Industries and Aerospace Ltd. which includes the P/L of MIL Industries and Aerospace Ltd. and the Balance Sheet of MIL Industries and Aerospace Ltd. is in the financials section (Click on link).
-
Where can I find the annual report of MIL Industries and Aerospace Ltd.?
The annual report of MIL Industries and Aerospace Ltd. is available in the annual report section (Click on link).
-
Is buying MIL Industries and Aerospace Ltd. legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
-
Short-term Capital Gain taxes to be paid on MIL Industries and Aerospace Ltd.?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
-
Long-term Capital Gain taxes to be paid on MIL Industries and Aerospace Ltd. and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
-
Applicability of Taxes on MIL Industries and Aerospace Ltd. once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source MIL Industries and Aerospace Ltd.?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying MIL Industries and Aerospace Ltd. from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
Press of MIL Industries and Aerospace Unlisted Shares
Featured Blogs of MIL Industries and Aerospace Unlisted Shares
Annual Report of MIL Industries and Aerospace Unlisted Shares
Company Information of MIL Industries and Aerospace Unlisted Shares
Stay Connected.
Registered Address
73A, GC Avenue, Kolkata -13Corporate Address
Y-19, 90 DEGREES Magnus, EP Block,Sec V, Kolkata 700091Chennai Office
19/10, Guru Vappa Chetty Street, Chintadripet, Chennai - 600002
Dubai Office
2701, Executive Tower G, Business Bay, Dubai, UAE
Andhra Pradesh & Telangana Office
54-19-25/1, Flat no.101, Sai Residency, Nelson Mandela Park Road, LIC Colony, Vijayawada (Urban), Andhra Pradesh - 520008Altius Investech