Midas Global Securities Limited

Provides financial services such as stock and commodity broking, incorporated in 1995.

1995 | Delhi (India) | Active
Last Updated: December 23, 2024

Midas Global Securities Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -29.77%
  • Profit Growth -1103.22%
  • Ebitda -197.85%
  • Net Worth -30.50%
  • Total Assets -58.03%

About Midas Global Securities

Midas Global Securities Limited (MGSL) is a Public Limited Indian Non-Government Company incorporated in India on 09 June 1995 and has a history of 29 years and eight months. Its registered office is in Delhi, India.

The Corporate was formerly known as S And S Securities Ltd.. 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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Atul Agarwal, Mamta Agarwal, and Ishu Agarwal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    midasonline.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PLC069607

  • Company No.

    069607

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Ishu Agarwal Country flag representing In Director 28-May-2019Current
Atul Agarwal Country flag representing In Whole-Time Director 12-Jul-2005Current
Mamta Agarwal Country flag representing In Director 15-Dec-2008Current

Financial Performance of Midas Global Securities.

Midas Global Securities Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.77% decrease. The company also saw a substantial fall in profitability, with a 1103.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.5%.

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
-29.77%
Revenue from Operations
-31.00%
Total Assets
-58.03%
Profit or Loss
-1103.22%
Net Worth
-30.50%
EBITDA
-197.85%

What is the Ownership and Shareholding Structure of Midas Global Securities?

In 2023, Midas Global Securities had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2000Canara Bank₹1.00 CrSatisfied

How Many Employees Work at Midas Global Securities?

Unlock and access historical data on people associated with Midas Global Securities, 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 Global Securities, 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 Global Securities'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 Global Securities

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Midas Global Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Ishu Agarwal was appointed as a Director was appointed as a Director on 28 May 2019 & has been associated with this company since 5 years 8 months .

    28 May 2019

  • Director Appointment

    Mamta Agarwal was appointed as a Director was appointed as a Director on 15 Dec 2008 & has been associated with this company since 16 years 2 months .

    15 Dec 2008

  • Charges

    A charge registered on 17 Oct 2000 via Charge ID 90036151 with Canara Bank was fully satisfied on 07 Feb 2007.

    07 Feb 2007

  • Director Appointment

    Atul Kumar Agarwal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jul 2005 & has been associated with this company since 19 years 7 months .

    12 Jul 2005

Frequently asked questions

  • Midas Global Securities Limited was incorporated on 09 Jun 1995.

  • The authorized share capital of Midas Global Securities Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 3 directors are associated with Midas Global Securities Limited.

    • Atul Kumar Agarwal
    • Mamta Agarwal
    • Ishu Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Global Securities Limited is S-524, Ist Floor Vikas Marg Shakarpur India, New Delhi, 110092.

  • The corporate identification number (CIN) of Midas Global Securities Limited is U74899DL1995PLC069607 and the company number is 069607 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midas Global Securities Limited is https://www.midasonline.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Midas Global Securities Limited has fallen by -29.77%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Midas Global Securities Limited has experienced an downturn of -30.50%.

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

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