Medas Impex Private Limited

Manufactures and supplies natural stone products for various projects.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Medas Impex Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.78 M
  • Revenue Growth -43.45%
  • Profit Growth -57.29%
  • Ebitda -41.90%
  • Net Worth 11.34%
  • Total Assets 13.25%

About Medas Impex

Medas Impex Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 October 2010 and has a history of 14 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Mining Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹7.78 M.

Suresh Pareek, Shoba Pareek, and Nitesh Pareek serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    medasstones.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52520KA2010PTC055604

  • Company No.

    055604

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Mining

Who are the key members and board of directors at Medas Impex?

Board Members (3)

NameDesignationAppointment DateStatus
Nitesh Pareek Country flag representing In Director 10-May-2012Current
Suresh Pareek Country flag representing In Director 21-Oct-2010Current
Shoba Pareek Country flag representing In Director 21-Oct-2010Current

Financial Performance of Medas Impex.

Medas Impex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.45% decrease. The company also saw a substantial fall in profitability, with a 57.29% decrease in profit. The company's net worth Soared by an impressive increase of 11.34%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-43.45%
Revenue from Operations
-43.56%
Total Assets
13.25%
Profit or Loss
-57.29%
Net Worth
11.34%
EBITDA
-41.90%

What is the Ownership and Shareholding Structure of Medas Impex?

In 2023, Medas Impex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.78 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.78 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2015Others₹7.78 MOpen

How Many Employees Work at Medas Impex?

Unlock and access historical data on people associated with Medas Impex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Medas Impex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Medas Impex's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Medas Impex

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 7.78 M registered on 23 Dec 2015 with Charge ID 10614364 was modified on 02 Dec 2023.

    02 Dec 2023

  • Annual General Meeting

    Medas Impex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Medas Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.78 M with Charge ID 10614364 was registered on 23 Dec 2015.

    23 Dec 2015

  • Director Appointment

    Nitesh Pareek was appointed as a Director was appointed as a Director on 10 May 2012 & has been associated with this company since 12 years 9 months .

    10 May 2012

  • Director Appointment

    Suresh Chand Pareek was appointed as a Director was appointed as a Director on 21 Oct 2010 & has been associated with this company since 14 years 4 months .

    21 Oct 2010

Frequently asked questions

  • Medas Impex Private Limited was incorporated on 21 Oct 2010.

  • The authorized share capital of Medas Impex Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Medas Impex Private Limited.

    • Suresh Chand Pareek
    • Shoba Pareek
    • Nitesh Pareek
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medas Impex Private Limited is Shop No.95 Bda Complex Block No.2 Hsr Layout Hosur Sarjapur Road, India, Bangalore, Karnataka, 560034.

  • The corporate identification number (CIN) of Medas Impex Private Limited is U52520KA2010PTC055604 and the company number is 055604 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medas Impex Private Limited is https://www.medasstones.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Medas Impex Private Limited has fallen by -43.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Medas Impex Private Limited has experienced an upsurge of 11.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Medas Impex Private Limited amount to ₹ 7.78 M.

  • The most recent Balance Sheet for Medas Impex Private Limited was filed with the ROC on 31 Mar 2023.

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