Midas Granites Private Limited

Quarrying and selling granites since 1993, based in Mysore, Karnataka.

1993 | Mysore, Karnataka (India) | Converted to LLP
Last Updated:

Midas Granites Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.52 M
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 0.91 M
  • Revenue Growth -0.24%
  • Profit Growth 198.92%
  • Ebitda 51.13%
  • Net Worth 6.86%
  • Total Assets 3.15%

About Midas Granites

Midas Granites Private Limited (MGPL) is Converted To Llp company established on 02 Sep 1993 with its office registered at Mysore, Karnataka, India and has been running since 31 Year, 6 Months with a paid up capital of 0.52 M. According to MCA records, 0 Directors are linked to this company as of 02 May 2024.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1993PTC014704

  • Company No.

    014704

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 1993

  • Date of AGM

    31 Jul 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Bangalore

Industry

Metals and Minerals
Company report

Midas Granites Private Limited

Explore comprehensive data for Midas Granites Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Midas Granites.

Midas Granites Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.24% decrease. The company also saw a substantial improvement in profitability, with a 198.92% increase in profit. The company's net worth moved up by a moderate rise of 6.86%.

Midas Granites revenue growth over time
Midas Granites 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
-0.24%
Revenue from Operations
-30.42%
Total Assets
3.15%
Profit or Loss
198.92%
Net Worth
6.86%
EBITDA
51.13%

What is the Ownership and Shareholding Structure of Midas Granites?

In 2021, Midas Granites 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

₹0.91 M

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 1996Vijaya Bank₹0.30 MSatisfied
20 Apr 1996Vijaya Bank₹0.61 MSatisfied

How Many Employees Work at Midas Granites?

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

Employee growth trends for Midas Granites Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Midas Granites Private Limited last Annual general meeting of members was held on 31 Jul 2021 as per latest MCA records.

  • Balance Sheet

    Midas Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with RoC-Bangalore.

  • Charges

    A charge registered on 16 Aug 1996 via Charge ID 90198913 with Vijaya Bank was fully satisfied on 02 Jul 2020.

  • Charges

    A charge registered on 20 Apr 1996 via Charge ID 90197019 with Vijaya Bank was fully satisfied on 02 Jul 2020.

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.30 M with Charge ID 90198913 was registered on 16 Aug 1996.

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.61 M with Charge ID 90197019 was registered on 20 Apr 1996.

Frequently asked questions

  • What is the Incorporation or founding date of Midas Granites Private Limited?

    Midas Granites Private Limited was incorporated on 02 Sep 1993.

  • What is authorized share capital and paid-up capital of Midas Granites Private Limited?

    The authorized share capital of Midas Granites Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.52 M.

  • What is the registered address of Midas Granites Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midas Granites Private Limited is No.346Hebbal Industrial AreaMysore., Karnataka, India, 570016.

  • What is the corporate identification number (CIN) and company number of Midas Granites Private Limited?

    The corporate identification number (CIN) of Midas Granites Private Limited is U85110KA1993PTC014704 and the company number is 014704 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Midas Granites Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Midas Granites Private Limited has fallen by -0.24%.

  • What change has been observed in the net worth of Midas Granites Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Midas Granites Private Limited has experienced an upsurge of 6.86%.

  • When was the last Balance Sheet of Midas Granites Private Limited filed with the ROC?

    The most recent Balance Sheet for Midas Granites Private Limited was filed with the ROC on 31 Mar 2021.

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