Midas Diamonds Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 12 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.15 Cr
- Satisfied Charges ₹ 4.60 Cr
- Revenue Growth 108.59%
- Profit Growth 64.40%
- Ebitda 36.03%
- Net Worth 41.26%
- Total Assets 17.79%
About Midas Diamonds
Midas Diamonds Private Limited (MDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 2012 and has a history of 12 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Consumer Goods 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 2.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹6.15 Cr. The company has closed loans amounting to ₹4.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Navin Sampatlal and Vikas Jain serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36912MH2012PTC231683
- Company No.
231683
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 May 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Goods
Midas Diamonds Private Limited
Explore comprehensive data for Midas Diamonds Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Midas Diamonds?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navin Sampatlal  | Director | 30-May-2012 | Current |
| Vikas Jain | Director | 30-May-2012 | Current |
Financial Performance of Midas Diamonds.
Midas Diamonds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 108.59% increase. The company also saw a substantial improvement in profitability, with a 64.4% increase in profit. The company's net worth Soared by an impressive increase of 41.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Midas Diamonds?
In 2022, Midas Diamonds had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Satkar Ornaments Private Limited
Navin Sampatlal and Vikas Jain are mutual person
Charges (Loans)
Open Charges
₹61.50 M
Satisfied Charges
₹46.00 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 6.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2022 | City Union Bank Limited | ₹6.15 Cr | Open |
| 27 Jul 2023 | City Union Bank Limited | ₹8.00 M | Satisfied |
| 12 Jun 2018 | Yes Bank Limited | ₹3.80 Cr | Satisfied |
How Many Employees Work at Midas Diamonds?
Unlock and access historical data on people associated with Midas Diamonds, 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 Diamonds, 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 Diamonds'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.
Latest Updates, News, and FAQs on Midas Diamonds
Recent activity within the organization
- Annual General Meeting
Midas Diamonds Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with City Union Bank Limited of Rs. 61.50 M registered on 05 Jan 2022 with Charge ID 100542118 was modified on 12 Sep 2024.
- Balance Sheet
Midas Diamonds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 27 Jul 2023 via Charge ID 100777568 with City Union Bank Limited was fully satisfied on 01 Feb 2024.
- Charges
A charge with City Union Bank Limited amounted to Rs. 8.00 M with Charge ID 100777568 was registered on 27 Jul 2023.
- Charges
A charge with City Union Bank Limited amounted to Rs. 61.50 M with Charge ID 100542118 was registered on 05 Jan 2022.
Frequently asked questions
What is the Incorporation or founding date of Midas Diamonds Private Limited?
Midas Diamonds Private Limited was incorporated on 30 May 2012.
What is authorized share capital and paid-up capital of Midas Diamonds Private Limited?
The authorized share capital of Midas Diamonds Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Midas Diamonds Private Limited?
Currently 2 directors are associated with Midas Diamonds Private Limited.
- Navin Jain Sampatlal
- Vikas Sampatlal Jain
What is the registered address of Midas Diamonds Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Midas Diamonds Private Limited is 210 Keyto Ind Estate Near Pidilite Industries 220 Kondivita Village, Andheri (East) India, Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Midas Diamonds Private Limited?
The corporate identification number (CIN) of Midas Diamonds Private Limited is U36912MH2012PTC231683 and the company number is 231683 as per Ministry of Corporate Affairs (MCA).
What is the official website of Midas Diamonds Private Limited?
The Official website of Midas Diamonds Private Limited is https://www.midasdiamond.com
What has been the recent revenue trend for Midas Diamonds Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Midas Diamonds Private Limited has risen by 108.59%.
What change has been observed in the net worth of Midas Diamonds Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Midas Diamonds Private Limited has experienced an upsurge of 41.26%.
What are the total open charges for Midas Diamonds Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Midas Diamonds Private Limited amount to ₹ 6.15 Cr.
When was the last Balance Sheet of Midas Diamonds Private Limited filed with the ROC?
The most recent Balance Sheet for Midas Diamonds Private Limited was filed with the ROC on 31 Mar 2024.
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