Midas Communication Technologies Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 97.09 Cr
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 73.05 Cr
- Revenue Growth %
- Profit Growth -34.51%
- Ebitda -24.01%
- Net Worth -0.09%
- Total Assets -1.35%
About Midas Communication Technologies
Midas Communication Technologies Private Limited (MCTPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 1994 and has a history of 30 years and ten months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Company is engaged in the Telecom Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 97.09 Cr.
The company currently has active open charges totaling ₹73.05 Cr.
Rene Abraham and Shirish Purohit serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U30007TN1994PTC027281
- Company No.
027281
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Apr 1994
- Date of AGM
30 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Midas Communication Technologies?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shirish Purohit  | Director | 12-Apr-1994 | Current |
| Rene Abraham | Director | 12-Apr-1994 | Current |
Financial Performance of Midas Communication Technologies.
Midas Communication Technologies Private Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 34.51% decrease in profit. The company's net worth dipped by a decrease of 0.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Midas Communication Technologies?
In 2016, Midas Communication Technologies had a promoter holding of 27.31% and a public holding of 72.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹73.05 Cr
₹0
Charges Breakdown by Lending Institutions
- Asset Reconstruction Company (India) Limited : 28.75 Cr
- Uti Bank Limited : 27.50 Cr
- State Bank Of Bikaner And Jaipur : 10.00 Cr
- Axis Bank Limited : 4.75 Cr
- Citibank N.A. : 2.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2007 | Axis Bank Limited | ₹4.75 Cr | Open |
| 21 Feb 2007 | Uti Bank Limited | ₹8.50 Cr | Open |
| 15 Dec 2006 | Uti Bank Limited | ₹4.00 Cr | Open |
| 11 Feb 2006 | State Bank Of Bikaner And Jaipur | ₹10.00 Cr | Open |
| 28 Feb 2005 | Uti Bank Limited | ₹15.00 Cr | Open |
How Many Employees Work at Midas Communication Technologies?
Unlock and access historical data on people associated with Midas Communication Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Midas Communication Technologies, 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 Communication Technologies'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
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