Midas Diamonds Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 12 Year, 8 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 eight 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U36912MH2012PTC231683
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Company No.
231683
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 May 2012
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
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
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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%.
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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)
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Satkar Ornaments Private LimitedNavin Sampatlal and Vikas Jain are mutual person
Charges (Loans)
₹61.50 M
₹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.
