Midas Impex Profile
Key Indicators
- Authorised Capital ₹ 2.10 M
as on 30-07-2024
- Paid Up Capital ₹ 0.41 M
as on 30-07-2024
- Company Age 16 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.98 Cr
as on 30-07-2024
- Satisfied Charges ₹ 2.15 Cr
as on 30-07-2024
- Revenue -16.44%
(FY 2023)
- Profit 14.57%
(FY 2023)
- Ebitda -478.69%
(FY 2023)
- Net Worth 0.64%
(FY 2023)
- Total Assets 1.65%
(FY 2023)
About Midas Impex
The Company is engaged in the Agriculture 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 2.10 M and a paid-up capital of Rs 0.41 M.
The company currently has active open charges totaling ₹4.98 Cr. The company has closed loans amounting to ₹2.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raman Morzaria, Jay Morzaria, and Kush Morzaria serve as directors at the Company.
- CIN/LLPIN
U51109GJ2008PTC055473
- Company No.
055473
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Nov 2008
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Jamnagar, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Midas Impex?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kush Morzaria  | Director | 01-Feb-2020 | Current |
| Raman Morzaria | Director | 19-Nov-2008 | Current |
| Jay Morzaria | Director | 19-Nov-2008 | Current |
Financial Performance of Midas Impex.
Midas Impex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.44% decrease. The company also saw a substantial improvement in profitability, with a 14.57% increase in profit. The company's net worth moved up by a moderate rise of 0.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Midas Impex?
In 2022, Midas Impex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vraj Construction Private LimitedActive 16 years 6 monthsRaman Morzaria and Jay Morzaria are mutual person
Vrajlegacy Infratech Private LimitedActive 4 years 11 monthsRaman Morzaria and Kush Morzaria are mutual person
- Vraj Karan Real Estate Developers Private LimitedActive 4 years 5 months
Raman Morzaria, Jay Morzaria and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 May 2021 | ₹4.98 Cr | Open |
Others Creation Date: 27 Jun 2019 | ₹2.15 Cr | Satisfied |
How Many Employees Work at Midas Impex?
Unlock and access historical data on people associated with Midas Impex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Midas Impex, 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 Impex'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.
