Midas Golden Distilleries Private Limited

Produces and sells a variety of alcoholic beverages to a state-owned corporation in India.

2002 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 21, 2024

Midas Golden Distilleries Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 3.12 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.00 Cr
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth 3.57%
  • Profit Growth -14.34%
  • Ebitda -17.06%
  • Net Worth -115.48%
  • Total Assets -17.56%

About Midas Golden Distilleries

Midas Golden Distilleries Private Limited (MGDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 October 2002 and has a history of 22 years and three months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 3.12 Cr.

The company currently has active open charges totaling ₹12.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sivakumaar and Karthikeyan Kaliaperumal serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15511TN2002PTC049805

  • Company No.

    049805

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages

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

Board Members (2)

Name Designation Appointment Date Status
Sivakumaar Country flag representing In Director 14-Jun-2004 Current
Karthikeyan Kaliaperumal Country flag representing In Director 23-Jan-2012 Current

Financial Performance of Midas Golden Distilleries.

Midas Golden Distilleries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.57% increase. The company also saw a substantial fall in profitability, with a 14.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 115.48%.

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
3.57%
Revenue from Operations
2.74%
Total Assets
-17.56%
Profit or Loss
-14.34%
Net Worth
-115.48%
EBITDA
-17.06%

What is the Ownership and Shareholding Structure of Midas Golden Distilleries?

In 2023, Midas Golden Distilleries had a promoter holding of 3.26% and a public holding of 96.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.00 Cr

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 12.00 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2022 Canara Bank ₹12.00 Cr Open
14 Dec 2005 State Bank Of India ₹30.00 Cr Satisfied

How Many Employees Work at Midas Golden Distilleries?

Midas Golden Distilleries has a workforce of 136 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Golden Distilleries, 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 Golden Distilleries'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 Golden Distilleries

Recent activity within the organization

  • Annual General Meeting

    Midas Golden Distilleries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Midas Golden Distilleries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 12.00 Cr with Charge ID 100616976 was registered on 25 Aug 2022.

    25 Aug 2022

  • Charges

    A charge registered on 14 Dec 2005 via Charge ID 90289864 with State Bank Of India was fully satisfied on 20 May 2022.

    20 May 2022

  • Charges

    A charge with State Bank Of India of Rs. 30.00 Cr registered on 14 Dec 2005 with Charge ID 90289864 was modified on 29 Mar 2012.

    29 Mar 2012

  • Director Appointment

    Karthikeyan Kaliaperumal was appointed as a Director was appointed as a Director on 23 Jan 2012 & has been associated with this company since 13 years 9 days .

    23 Jan 2012

Frequently asked questions

  • Midas Golden Distilleries Private Limited was incorporated on 28 Oct 2002.

  • The authorized share capital of Midas Golden Distilleries Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 3.12 Cr.

  • Currently 2 directors are associated with Midas Golden Distilleries Private Limited.

    • Sivakumaar
    • Karthikeyan Kaliaperumal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Golden Distilleries Private Limited is Sirumathur Village Padappai-Pushpagiri Road Sriperumbudur Taluk, India, Kancheepuram District 601 301, Tamil Nadu, 601301.

  • The corporate identification number (CIN) of Midas Golden Distilleries Private Limited is U15511TN2002PTC049805 and the company number is 049805 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Midas Golden Distilleries Private Limited has risen by 3.57%.

  • As Per 2023 financial reports, 136 employees are currently employed by Midas Golden Distilleries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Midas Golden Distilleries Private Limited has experienced an downturn of -115.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Midas Golden Distilleries Private Limited amount to ₹ 12.00 Cr.

  • The most recent Balance Sheet for Midas Golden Distilleries Private Limited was filed with the ROC on 31 Mar 2023.

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