Midas Biotek Private Limited

Manufactures and sells medicines, according to annual filings.

2001 | Hyderabad, Telangana (India) | Active
Last Updated: December 23, 2024

Midas Biotek Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 23 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.01 Cr
  • Revenue Growth -5.72%
  • Profit Growth -31.13%
  • Ebitda 506.44%
  • Net Worth 2.67%
  • Total Assets 5.79%

About Midas Biotek

Midas Biotek Private Limited (MBPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 November 2001 and has a history of 23 years and three months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Pharma 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹1.01 Cr.

Krishna Pulluri, Giri Areti, Hari Chikoti, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01119TG2001PTC038042

  • Company No.

    038042

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

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

Board Members (4)

NameDesignationAppointment DateStatus
Krishna Pulluri Country flag representing In Director 09-Nov-2001Current
Giri Areti Country flag representing In Director 08-Mar-2004Current
Hari Chikoti Country flag representing In Director 09-Nov-2001Current
Srinivas Mukka Country flag representing In Director 09-Nov-2001Current

Financial Performance of Midas Biotek.

Midas Biotek Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 5.72% decrease. The company also saw a substantial fall in profitability, with a 31.13% decrease in profit. The company's net worth moved up by a moderate rise of 2.67%.

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
-5.72%
Revenue from Operations
-1.80%
Total Assets
5.79%
Profit or Loss
-31.13%
Net Worth
2.67%
EBITDA
506.44%

What is the Ownership and Shareholding Structure of Midas Biotek?

In 2019, Midas Biotek 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

₹10.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Small Industries Development Bank Of India : 0.80 Cr
  • Oriental Bank Of Commerce : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2014Oriental Bank Of Commerce₹2.10 MOpen
25 Mar 2009Small Industries Development Bank Of India₹8.00 MOpen

How Many Employees Work at Midas Biotek?

Unlock and access historical data on people associated with Midas Biotek, 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 Midas Biotek, 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 Biotek'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 Biotek

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Midas Biotek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 2.10 M with Charge ID 10488803 was registered on 07 Mar 2014.

    07 Mar 2014

  • Charges

    A charge with Small Industries Development Bank Of India amounted to Rs. 8.00 M with Charge ID 10152696 was registered on 25 Mar 2009.

    25 Mar 2009

  • Director Appointment

    Giri Babu Areti was appointed as a Director was appointed as a Director on 08 Mar 2004 & has been associated with this company since 20 years 11 months .

    08 Mar 2004

  • Director Appointment

    Krishna Pulluri was appointed as a Director was appointed as a Director on 09 Nov 2001 & has been associated with this company since 23 years 3 months .

    09 Nov 2001

Frequently asked questions

  • Midas Biotek Private Limited was incorporated on 09 Nov 2001.

  • The authorized share capital of Midas Biotek Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 4 directors are associated with Midas Biotek Private Limited.

    • Krishna Pulluri
    • Giri Babu Areti
    • Hari Krishna Chikoti
    • Srinivas Mukka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Biotek Private Limited is 12-13-561 Nagarjuna Nagar Tarnaka, India, Tarnaka Sec-Bad-17., Telangana, 500017.

  • The corporate identification number (CIN) of Midas Biotek Private Limited is U01119TG2001PTC038042 and the company number is 038042 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Midas Biotek Private Limited has fallen by -5.72%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Midas Biotek Private Limited has experienced an upsurge of 2.67%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Midas Biotek Private Limited amount to ₹ 1.01 Cr.

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