Midas Impex Private Limited

Imports, exports, and trades various goods and acts as agent and distributor.

2008 | Jamnagar, Gujarat (India) | Active
Last Updated:

Midas Impex Profile

Key Indicators

  • Authorised Capital ₹ 2.10 M
  • Paid Up Capital ₹ 0.41 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.98 Cr
  • Satisfied Charges ₹ 2.15 Cr
  • Revenue Growth -16.44%
  • Profit Growth 14.57%
  • Ebitda -478.69%
  • Net Worth 0.64%
  • Total Assets 1.65%

About Midas Impex

Midas Impex Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 2008 and has a history of 16 years and four months. Its registered office is in Jamnagar, Gujarat, India.

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 2024. 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.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109GJ2008PTC055473

  • Company No.

    055473

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture
Metals and Minerals
Company report

Midas Impex Private Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Kush Morzaria Country flag representing In Director 01-Feb-2020Current
Raman Morzaria Country flag representing In Director 19-Nov-2008Current
Jay Morzaria Country flag representing In Director 19-Nov-2008Current

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%.

Midas Impex revenue growth over time
Midas Impex 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
-16.44%
Revenue from Operations
-18.00%
Total Assets
1.65%
Profit or Loss
14.57%
Net Worth
0.64%
EBITDA
-478.69%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.80 M

Satisfied Charges

₹21.50 M

Charges Breakdown by Lending Institutions

  • Others : 4.98 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2021Others₹4.98 CrOpen
27 Jun 2019Others₹2.15 CrSatisfied

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.

Employee growth trends for Midas Impex Private Limited

Deals i

Graph showing company valuation over time

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

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 Impex

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 27 Jun 2019 via Charge ID 100274557 with Others was fully satisfied on 04 Jun 2021.

  • Charges

    A charge with Others amounted to Rs. 49.80 M with Charge ID 100449806 was registered on 17 May 2021.

  • Director Appointment

    Kush Ramanbhai Morzaria was appointed as a Director was appointed as a Director on 01 Feb 2020 & has been associated with this company since 5 years 2 months .

  • Charges

    A charge with Others amounted to Rs. 21.50 M with Charge ID 100274557 was registered on 27 Jun 2019.

Frequently asked questions

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

    Midas Impex Private Limited was incorporated on 19 Nov 2008.

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

    The authorized share capital of Midas Impex Private Limited is ₹ 2.10 M and paid-up capital is ₹ 0.41 M.

  • Who are the current board members & directors of Midas Impex Private Limited?

    Currently 3 directors are associated with Midas Impex Private Limited.

    • Raman Pragjibhai Morzaria
    • Jay Ramanbhai Morzaria
    • Kush Ramanbhai Morzaria

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Midas Impex Private Limited is Vraj 1Stflooropp.Hotelpresident, Limdalanecorner India, Jamnagar, Gujarat, 361001.

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

    The corporate identification number (CIN) of Midas Impex Private Limited is U51109GJ2008PTC055473 and the company number is 055473 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Midas Impex Private Limited?

    The Official website of Midas Impex Private Limited is https://www.midasimpex.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Midas Impex Private Limited has fallen by -16.44%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Midas Impex Private Limited has experienced an upsurge of 0.64%.

  • What are the total open charges for Midas Impex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Midas Impex Private Limited amount to ₹ 4.98 Cr.

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

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

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