Mid India Industries Limited

Textile company processing cotton and other fibers into yarn.

1991 | Mandsaur, Madhya Pradesh (India) | Active
Last Updated:

Mid India Industries Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 16.30 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 51.02 Cr
  • Revenue Growth -22.72%
  • Profit Growth -13.42%
  • Ebitda 33.07%
  • Net Worth 14.57%
  • Total Assets -28.41%

About Mid India Industries

Mid India Industries Limited (MIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 March 1991 and has a history of 33 years and 11 months. Its registered office is in Mandsaur, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500277.

The Corporate was formerly known as Mid India Spinning Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 16.30 Cr.

The company has closed loans amounting to ₹51.02 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mid India Industries Limited India are Shailendra Agrawal as COMPANY SECRETARY and Om Dhanotiya as Cfo. Sanjay Singh, Bhawani Soni, Deepika Gandhi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mandsaur, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    midindiaindustries.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17124MP1991PLC006324

  • Company No.

    006324

  • Stock Symbol

    BSE : 500277

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1991

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Manufacturing
Real Estate and Construction

What products or services does Mid India Industries Limited offer?

Mid India Industries Limited offers a wide range of products and services, including Coconut Oil, Coconut Cooking Oil, Cotton.

Who are the key members and board of directors at Mid India Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Shailendra Agrawal Country flag representing In Company Secretary30-May-2014Current
Sanjay Singh Country flag representing In Managing Director14-Nov-2014Current
Om Dhanotiya Country flag representing In CFO12-Aug-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Bhawani Soni Country flag representing In Whole-Time Director 24-May-2019Current
Deepika Gandhi Country flag representing In Director 14-Nov-2014Current
Dhawal Bagmar Country flag representing In Director 29-Aug-2024Current
Awani Kothari Country flag representing In Director 11-Aug-2023Current
Bhushan Tambe Country flag representing In Director 11-Aug-2023Current

Financial Performance of Mid India Industries.

Mid India Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.72% decrease. The company also saw a substantial fall in profitability, with a 13.42% decrease in profit. The company's net worth Soared by an impressive increase of 14.57%.

Mid India Industries revenue growth over time
Mid India Industries 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
-22.72%
Revenue from Operations
-22.67%
Total Assets
-28.41%
Profit or Loss
-13.42%
Net Worth
14.57%
EBITDA
33.07%

What is the Ownership and Shareholding Structure of Mid India Industries?

In 2022, Mid India Industries had a promoter holding of 50.92% and a public holding of 49.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹51.02 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 28.94 Cr
  • State Bank Of Indore : 22.08 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jun 1998Dena Bank₹1.50 CrSatisfied
04 Jun 1998Dena Bank₹7.00 CrSatisfied
10 Jul 1997Dena Bank₹2.50 MSatisfied
10 Jul 1997Dena Bank₹8.40 CrSatisfied
10 Jul 1997Dena Bank₹2.74 CrSatisfied

How Many Employees Work at Mid India Industries?

Mid India Industries has a workforce of 1 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mid India Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mid India Industries, 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 Mid India Industries'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 Mid India Industries

Recent activity within the organization

  • Annual General Meeting

    Mid India Industries Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Director Appointment

    Dhawal Bagmar was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 6 months 5 days .

  • Balance Sheet

    Mid India Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Director Appointment

    Awani Kothari was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Bhawani Shankar Soni was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 May 2019 & has been associated with this company since 5 years 9 months .

  • Director Appointment

    Sanjay Singh was appointed as a Managing Director was appointed as a Managing Director on 14 Nov 2014 & has been associated with this company since 10 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mid India Industries Limited?

    Mid India Industries Limited was incorporated on 19 Mar 1991.

  • What is authorized share capital and paid-up capital of Mid India Industries Limited?

    The authorized share capital of Mid India Industries Limited is ₹ 30.00 Cr and paid-up capital is ₹ 16.30 Cr.

  • Who are the current board members & directors of Mid India Industries Limited?

    Currently 8 directors are associated with Mid India Industries Limited.

    • Sanjay Singh
    • Bhawani Shankar Soni
    • Deepika Gandhi
    • Dhawal Bagmar
    • Awani Kothari
    • Bhushan Tambe
    • Shailendra Agrawal
    • Om Prakash Dhanotiya

  • What is the registered address of Mid India Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mid India Industries Limited is Textile Mill Area Station Road, India, Mandsaur, Madhya Pradesh, 458001.

  • What is the corporate identification number (CIN) and company number of Mid India Industries Limited?

    The corporate identification number (CIN) of Mid India Industries Limited is L17124MP1991PLC006324 and the company number is 006324 as per Ministry of Corporate Affairs (MCA).

  • Is Mid India Industries Limited registered with any stock exchange in India?

    Yes, Mid India Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Mid India Industries Limited?

    The Official website of Mid India Industries Limited is https://www.midindiaindustries.com

  • What has been the recent revenue trend for Mid India Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mid India Industries Limited has fallen by -22.72%.

  • How many employees does Mid India Industries Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Mid India Industries Limited.

  • What change has been observed in the net worth of Mid India Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mid India Industries Limited has experienced an upsurge of 14.57%.

  • When was the last Balance Sheet of Mid India Industries Limited filed with the ROC?

    The most recent Balance Sheet for Mid India Industries Limited was filed with the ROC on 31 Mar 2024.

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