Midas Flexipacks Private Limited

Founded in 1997 and headquartered in Gujarat, India.

1997 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 03, 2025

Midas Flexipacks Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.93 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -82.23%
  • Profit Growth 96.32%
  • Ebitda 101.81%
  • Net Worth -0.07%
  • Total Assets -5.98%

About Midas Flexipacks

Midas Flexipacks Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 February 1997 and has a history of 27 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Financial Services 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 M and a paid-up capital of Rs 0.93 M, as per Ministry of Corporate Affairs (MCA) records.

Devang Shah and Hiteshbhai Rathod serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ1997PTC031767

  • Company No.

    031767

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Midas Flexipacks?

Board Members (2)

Name Designation Appointment Date Status
Devang Shah Country flag representing In Director 02-Dec-2024 Current
Hiteshbhai Rathod Director 02-Dec-2024 Current

Financial Performance of Midas Flexipacks.

Midas Flexipacks Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 82.23% decrease. The company also saw a substantial improvement in profitability, with a 96.32% increase in profit. The company's net worth dipped by a decrease of 0.07%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-82.23%
Revenue from Operations
-82.23%
Total Assets
-5.98%
Profit or Loss
96.32%
Net Worth
-0.07%
EBITDA
101.81%

What is the Ownership and Shareholding Structure of Midas Flexipacks?

In 2016, Midas Flexipacks had a promoter holding of 68.03% and a public holding of 31.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Midas Flexipacks?

Unlock and access historical data on people associated with Midas Flexipacks, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Flexipacks, 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 Flexipacks's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Flexipacks

Recent activity within the organization

  • Director Appointment

    Devang Mahendrabhai Shah was appointed as a Director was appointed as a Director on 02 Dec 2024 & has been associated with this company since 2 months 1 day .

    02 Dec 2024

  • Director Appointment

    Hiteshbhai Rathod was appointed as a Director was appointed as a Director on 02 Dec 2024 & has been associated with this company since 2 months 1 day .

    02 Dec 2024

  • Annual General Meeting

    Midas Flexipacks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Midas Flexipacks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Company Incorporation

    Midas Flexipacks Private Limited was registered on 20 Feb 1997 with Roc Ahmedabad & aged 27 years 11 months as per MCA records.

    20 Feb 1997

Frequently asked questions

  • Midas Flexipacks Private Limited was incorporated on 20 Feb 1997.

  • The authorized share capital of Midas Flexipacks Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.93 M.

  • Currently 2 directors are associated with Midas Flexipacks Private Limited.

    • Devang Mahendrabhai Shah
    • Hiteshbhai Rathod
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Flexipacks Private Limited is 107, Anjani Complex Opp. Russian Flats Choice Gali Dr. Wadi Bunglows Navrangpur A India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Midas Flexipacks Private Limited is U25200GJ1997PTC031767 and the company number is 031767 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Midas Flexipacks Private Limited has fallen by -82.23%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Midas Flexipacks Private Limited has experienced an downturn of -0.07%.

  • The most recent Balance Sheet for Midas Flexipacks Private Limited was filed with the ROC on 31 Mar 2024.

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