Midas Autosoft Engineers Private Limited

Provides total automation solutions for process industries, including field devices, instrumentation, and turnkey projects.

2005 | Bhor, Maharashtra (India) | Active
Last Updated:

Midas Autosoft Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.55 Cr
  • Paid Up Capital ₹ 1.55 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.69 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 86.10%
  • Profit Growth 139.95%
  • Ebitda 138.15%
  • Net Worth 130.89%
  • Total Assets 136.59%

About Midas Autosoft Engineers

Midas Autosoft Engineers Private Limited (MAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 April 2005 and has a history of 19 years and ten months. Its registered office is in Bhor, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.55 Cr and a paid-up capital of Rs 1.55 Cr.

The company currently has active open charges totaling ₹4.69 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Girish Latne and Navnath Thite serve as directors at the Company.

Company Details

  • Location

    Bhor, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    midasautosoft.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29196PN2005PTC020578

  • Company No.

    020578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Midas Autosoft Engineers Private Limited offer?

Midas Autosoft Engineers Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Turnkey Projects, VFD, PLC, HMI & Control Equipments, Industrial Automation Systems, Software Development & IT Consultant, Software Development Services, Material Handling Machines & Systems, Vibratory Feeders, Conveyor Systems & Components, Conveyor Feeders.

Who are the key members and board of directors at Midas Autosoft Engineers?

Board Members (2)

NameDesignationAppointment DateStatus
Girish Latne Country flag representing In Whole-Time Director 18-Apr-2005Current
Navnath Thite Country flag representing In Whole-Time Director 18-Apr-2005Current

Financial Performance of Midas Autosoft Engineers.

Midas Autosoft Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.1% increase. The company also saw a substantial improvement in profitability, with a 139.95% increase in profit. The company's net worth Soared by an impressive increase of 130.89%.

Midas Autosoft Engineers revenue growth over time
Midas Autosoft Engineers 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
86.10%
Revenue from Operations
85.76%
Total Assets
136.59%
Profit or Loss
139.95%
Net Worth
130.89%
EBITDA
138.15%

What is the Ownership and Shareholding Structure of Midas Autosoft Engineers?

In 2023, Midas Autosoft Engineers 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

₹4.69 Cr

Satisfied Charges

₹0.20 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.50 Cr
  • Others : 1.19 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2020Others₹3.70 MOpen
08 Jun 2020Others₹5.70 MOpen
27 Nov 2019Others₹2.50 MOpen
20 Mar 2007State Bank Of India₹3.50 CrOpen
09 Sep 2021Others₹2.00 MSatisfied

How Many Employees Work at Midas Autosoft Engineers?

Midas Autosoft Engineers has a workforce of 53 employees as of Apr 05, 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 Midas Autosoft Engineers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Autosoft Engineers, 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 Autosoft Engineers'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 Midas Autosoft Engineers

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 09 Sep 2021 via Charge ID 100484662 with Others was fully satisfied on 12 Jul 2023.

  • Balance Sheet

    Midas Autosoft Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

    A charge with State Bank Of India of Rs. 3.50 Cr registered on 20 Mar 2007 with Charge ID 10047502 was modified on 15 Apr 2022.

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100484662 was registered on 09 Sep 2021.

  • Charges

    A charge with Others of Rs. 0.37 Cr registered on 25 Sep 2020 with Charge ID 100389549 was modified on 02 Dec 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Midas Autosoft Engineers Private Limited?

    Midas Autosoft Engineers Private Limited was incorporated on 18 Apr 2005.

  • What is authorized share capital and paid-up capital of Midas Autosoft Engineers Private Limited?

    The authorized share capital of Midas Autosoft Engineers Private Limited is ₹ 1.55 Cr and paid-up capital is ₹ 1.55 Cr.

  • Who are the current board members & directors of Midas Autosoft Engineers Private Limited?

    Currently 2 directors are associated with Midas Autosoft Engineers Private Limited.

    • Girish Ganpatrao Latne
    • Navnath Babanrao Thite

  • What is the registered address of Midas Autosoft Engineers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midas Autosoft Engineers Private Limited is Gat No. 677/B Behind, Siddhivinayak Hospital At/P Velu Velu, Bhor, Maharashtra, India, 412205.

  • What is the corporate identification number (CIN) and company number of Midas Autosoft Engineers Private Limited?

    The corporate identification number (CIN) of Midas Autosoft Engineers Private Limited is U29196PN2005PTC020578 and the company number is 020578 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Midas Autosoft Engineers Private Limited?

    The Official website of Midas Autosoft Engineers Private Limited is https://www.midasautosoft.com

  • What has been the recent revenue trend for Midas Autosoft Engineers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Midas Autosoft Engineers Private Limited has risen by 86.10%.

  • How many employees does Midas Autosoft Engineers Private Limited currently have?

    As Per 2023 financial reports, 53 employees are currently employed by Midas Autosoft Engineers Private Limited.

  • What change has been observed in the net worth of Midas Autosoft Engineers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Midas Autosoft Engineers Private Limited has experienced an upsurge of 130.89%.

  • What are the total open charges for Midas Autosoft Engineers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Midas Autosoft Engineers Private Limited amount to ₹ 4.69 Cr.

  • When was the last Balance Sheet of Midas Autosoft Engineers Private Limited filed with the ROC?

    The most recent Balance Sheet for Midas Autosoft Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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