Midas Eastern Machine Tools Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.00 M
- Company Age 21 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.82 Cr
- Satisfied Charges ₹ 6.96 M
- Revenue Growth 47.70%
- Profit Growth 454.81%
- Ebitda 58.98%
- Net Worth 22.06%
- Total Assets 6.72%
About Midas Eastern Machine Tools
Midas Eastern Machine Tools Private Limited (MEMTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 2004 and has a history of 21 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 8.00 M.
The company currently has active open charges totaling ₹5.82 Cr. The company has closed loans amounting to ₹6.96 M, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Rane and Seema Rane 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
U29200MH2004PTC145351
- Company No.
145351
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Mar 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Midas Eastern Machine Tools Private Limited offer?
Midas Eastern Machine Tools Private Limited offers a wide range of products and services, including Cutting Machines & Equipment, Cutting Machine, Drilling & Boring Equipment, Drilling Machine Parts, Milling & Grinding Tools, Milling Machines, Stamping Machine, Key Cutting Machines, Automatic Milling Machine.
Midas Eastern Machine Tools Private Limited
Explore comprehensive data for Midas Eastern Machine Tools Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Midas Eastern Machine Tools?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Rane  | Managing Director | 26-Mar-2004 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Seema Rane | Director | 29-May-2014 | Current |
Financial Performance of Midas Eastern Machine Tools.
Midas Eastern Machine Tools Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.7% increase. The company also saw a substantial improvement in profitability, with a 454.81% increase in profit. The company's net worth Soared by an impressive increase of 22.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Midas Eastern Machine Tools?
In 2022, Midas Eastern Machine Tools 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)
Open Charges
₹5.82 Cr
Satisfied Charges
₹0.70 Cr
Charges Breakdown by Lending Institutions
- Others : 5.82 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2017 | Others | ₹1.08 Cr | Open |
| 30 May 2016 | Others | ₹4.60 M | Open |
| 03 Oct 2005 | Others | ₹1.85 Cr | Open |
| 29 Apr 2004 | Others | ₹2.43 Cr | Open |
| 16 Feb 2023 | Others | ₹6.96 M | Satisfied |
How Many Employees Work at Midas Eastern Machine Tools?
Midas Eastern Machine Tools has a workforce of 14 employees as of Apr 08, 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 Eastern Machine Tools, 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 Eastern Machine Tools'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 Eastern Machine Tools
Recent activity within the organization
- Annual General Meeting
Midas Eastern Machine Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Midas Eastern Machine Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 16 Feb 2023 via Charge ID 100679714 with Others was fully satisfied on 01 Dec 2023.
- Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100679714 was registered on 16 Feb 2023.
- Charges
A charge with Others of Rs. 1.85 Cr registered on 03 Oct 2005 with Charge ID 80051501 was modified on 18 Feb 2022.
- Charges
A charge with Others of Rs. 2.43 Cr registered on 29 Apr 2004 with Charge ID 90225338 was modified on 08 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Midas Eastern Machine Tools Private Limited?
Midas Eastern Machine Tools Private Limited was incorporated on 26 Mar 2004.
What is authorized share capital and paid-up capital of Midas Eastern Machine Tools Private Limited?
The authorized share capital of Midas Eastern Machine Tools Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.00 M.
Who are the current board members & directors of Midas Eastern Machine Tools Private Limited?
Currently 2 directors are associated with Midas Eastern Machine Tools Private Limited.
- Sanjay Sitaram Rane
- Seema Sanjay Rane
What is the registered address of Midas Eastern Machine Tools Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Midas Eastern Machine Tools Private Limited is D-24 Ansa Ind Estatesaki-Vihar Road Sakinaka, Andheri (E) India, Mumbai, Maharashtra, 400072.
What is the corporate identification number (CIN) and company number of Midas Eastern Machine Tools Private Limited?
The corporate identification number (CIN) of Midas Eastern Machine Tools Private Limited is U29200MH2004PTC145351 and the company number is 145351 as per Ministry of Corporate Affairs (MCA).
What is the official website of Midas Eastern Machine Tools Private Limited?
The Official website of Midas Eastern Machine Tools Private Limited is https://www.midaseastern.com
What has been the recent revenue trend for Midas Eastern Machine Tools Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Midas Eastern Machine Tools Private Limited has risen by 47.70%.
How many employees does Midas Eastern Machine Tools Private Limited currently have?
As Per 2022 financial reports, 14 employees are currently employed by Midas Eastern Machine Tools Private Limited.
What change has been observed in the net worth of Midas Eastern Machine Tools Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Midas Eastern Machine Tools Private Limited has experienced an upsurge of 22.06%.
What are the total open charges for Midas Eastern Machine Tools Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Midas Eastern Machine Tools Private Limited amount to ₹ 5.82 Cr.
When was the last Balance Sheet of Midas Eastern Machine Tools Private Limited filed with the ROC?
The most recent Balance Sheet for Midas Eastern Machine Tools Private Limited was filed with the ROC on 31 Mar 2024.
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