Midas Developers Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
as on 08-01-2025
- Paid Up Capital ₹ 0.10 M
as on 08-01-2025
- Company Age 21 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.00 Cr
as on 08-01-2025
- Revenue -99.96%
(FY 2020)
- Profit -219.19%
(FY 2020)
- Ebitda -31.65%
(FY 2020)
- Net Worth -0.89%
(FY 2020)
- Total Assets -4.33%
(FY 2020)
About Midas Developers
The Company is engaged in the Real Estate And Construction 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 6.00 Cr and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹8.00 Cr.
Edwyn Dmello, Irene Dmello, and Oliver Dmello serve as directors at the Company.
- CIN/LLPIN
U51900MH2003PTC053374
- Company No.
053374
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Sep 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Midas Developers?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Edwyn Dmello  | Director | 29-Sep-2003 | Current |
| Irene Dmello | Director | 22-Apr-2016 | Current |
| Oliver Dmello | Additional Director | 18-Oct-2021 | Current |
Financial Performance of Midas Developers.
Midas Developers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 99.96% decrease. The company also saw a substantial fall in profitability, with a 219.19% decrease in profit. The company's net worth dipped by a decrease of 0.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Midas Developers?
In 2020, Midas Developers 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 |
|---|---|---|
Abhyudaya Co-Op. Bank Ltd. Creation Date: 09 Apr 2010 | ₹8.00 Cr | Open |
How Many Employees Work at Midas Developers?
Midas Developers has a workforce of 1 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Midas Developers, 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 Developers'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.
