Midas Aircon Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 24-10-2024
- Paid Up Capital ₹ 1.00 M
as on 24-10-2024
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.06 Cr
as on 24-10-2024
- Satisfied Charges ₹ 4.79 Cr
as on 24-10-2024
- Revenue 31.70%
(FY 2023)
- Profit 223.81%
(FY 2023)
- Ebitda 93.28%
(FY 2023)
- Net Worth 17.24%
(FY 2023)
- Total Assets -2.28%
(FY 2023)
About Midas Aircon Solutions
The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹4.06 Cr. The company has closed loans amounting to ₹4.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sushil Sharma, Renu Sharma, and Shashank Sharma serve as directors at the Company.
- CIN/LLPIN
U74120DL2008PTC177107
- Company No.
177107
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Apr 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Midas Aircon Solutions Private Limited offer?
Midas Aircon Solutions Private Limited offers a wide range of products and services, including Water Chillers, Water Cooled Chillers, VRF System, VRV Systems, Industrial Control Systems, Electronic Control Systems, Air Purifier, Indoor Air Purifier, Industrial Air Conditioning System.
Who are the key members and board of directors at Midas Aircon Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sushil Sharma  | Managing Director | 23-Apr-2008 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Renu Sharma | Whole-Time Director | 23-Apr-2008 | Current |
| Shashank Sharma | Director | 01-Jun-2010 | Current |
Financial Performance of Midas Aircon Solutions.
Midas Aircon Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.7% increase. The company also saw a substantial improvement in profitability, with a 223.81% increase in profit. The company's net worth Soared by an impressive increase of 17.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Midas Aircon Solutions?
In 2023, Midas Aircon Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Dec 2023 | ₹5.00 M | Open |
Hdfc Bank Limited Creation Date: 30 Apr 2022 | ₹2.31 M | Open |
Axis Bank Limited Creation Date: 21 Aug 2017 | ₹3.33 Cr | Open |
How Many Employees Work at Midas Aircon Solutions?
Midas Aircon Solutions has a workforce of 21 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Midas Aircon Solutions, 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 Midas Aircon Solutions's trajectory.
Rating
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
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.
