Midaas Construction Company Private Limited

Supplies construction material and undertakes construction projects for government and private entities.

2010 | Kolkata, West Bengal (India) | Active
Last Updated: June 15, 2024

Midaas Construction Company Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 3.58 Cr
  • Company Age 15 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.04 Cr
  • Satisfied Charges ₹ 15.47 Cr
  • Revenue Growth 93.78%
  • Profit Growth 100.26%
  • Ebitda 26.02%
  • Net Worth 10.10%
  • Total Assets 5.63%

About Midaas Construction Company

Midaas Construction Company Private Limited (MCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 January 2010 and has a history of 15 years. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Infrastructure And Utilities 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 4.50 Cr and a paid-up capital of Rs 3.58 Cr.

The company currently has active open charges totaling ₹30.04 Cr. The company has closed loans amounting to ₹15.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitesh Badlani, Lakhmi Lalwani, and Preetam Thakur serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45400WB2010PTC140737

  • Company No.

    140737

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Infrastructure and Utilities
Metals and Minerals

Who are the key members and board of directors at Midaas Construction Company?

Executive Team (1)

Name Designation Appointment Date Status
Nitesh Badlani Country flag representing In Managing Director 07-Jan-2010 Current

Board Members (2)

Name Designation Appointment Date Status
Lakhmi Lalwani Country flag representing In Additional Director 30-Aug-2022 Current
Preetam Thakur Country flag representing In Director 19-Jun-2013 Current

Financial Performance of Midaas Construction Company.

Midaas Construction Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 93.78% increase. The company also saw a substantial improvement in profitability, with a 100.26% increase in profit. The company's net worth Soared by an impressive increase of 10.1%.

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
93.78%
Revenue from Operations
101.80%
Total Assets
5.63%
Profit or Loss
100.26%
Net Worth
10.10%
EBITDA
26.02%

What is the Ownership and Shareholding Structure of Midaas Construction Company?

In 2023, Midaas Construction Company had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.04 Cr

Satisfied Charges

₹15.47 Cr

Charges Breakdown by Lending Institutions

  • Hindustan Construction Company Limited : 11.55 Cr
  • Hdfc Bank Limited : 11.07 Cr
  • Icici Bank Limited : 4.59 Cr
  • Tata Capital Financial Services Limited : 2.60 Cr
  • Others : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
12 Apr 2022 Others ₹0.70 M Open
29 Nov 2021 Tata Capital Financial Services Limited ₹2.00 M Open
27 Nov 2020 Tata Capital Financial Services Limited ₹4.00 M Open
29 Feb 2020 Tata Capital Financial Services Limited ₹2.00 Cr Open
18 Nov 2019 Others ₹1.61 M Open

How Many Employees Work at Midaas Construction Company?

Midaas Construction Company has a workforce of 2 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midaas Construction Company, 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 Midaas Construction Company'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 Midaas Construction Company

Recent activity within the organization

  • Charges

    A charge registered on 10 Jul 2019 via Charge ID 100288768 with Others was fully satisfied on 12 Oct 2023.

    12 Oct 2023

  • Charges

    A charge registered on 10 Jul 2019 via Charge ID 100288769 with Others was fully satisfied on 12 Oct 2023.

    12 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 18 Nov 2019 via Charge ID 100304036 with Others was fully satisfied on 19 Aug 2023.

    19 Aug 2023

  • Charges

    A charge registered on 18 Nov 2019 via Charge ID 100304037 with Others was fully satisfied on 19 Aug 2023.

    19 Aug 2023

  • Charges

    A charge registered on 18 Nov 2019 via Charge ID 100304038 with Others was fully satisfied on 19 Aug 2023.

    19 Aug 2023

Frequently asked questions

  • Midaas Construction Company Private Limited was incorporated on 07 Jan 2010.

  • The authorized share capital of Midaas Construction Company Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.58 Cr.

  • Currently 3 directors are associated with Midaas Construction Company Private Limited.

    • Nitesh Badlani
    • Lakhmi Chand Lalwani
    • Preetam Kumar Thakur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midaas Construction Company Private Limited is P-74 Ramswaroop Khettri Road New Alipore, Kolkata, West Bengal, India, 700053.

  • The corporate identification number (CIN) of Midaas Construction Company Private Limited is U45400WB2010PTC140737 and the company number is 140737 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midaas Construction Company Private Limited is https://www.midaasconstruction.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Midaas Construction Company Private Limited has risen by 93.78%.

  • As Per 2023 financial reports, 2 employees are currently employed by Midaas Construction Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Midaas Construction Company Private Limited has experienced an upsurge of 10.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Midaas Construction Company Private Limited amount to ₹ 30.04 Cr.

  • The most recent Balance Sheet for Midaas Construction Company Private Limited was filed with the ROC on 31 Mar 2023.

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