Midas Infra Trade Limited

This company manufactures and trades jewelry products under the brand name 'Sunar'.

1994 | Delhi (India) | Active
Last Updated: December 09, 2024

Midas Infra Trade Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 12.20 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -25.81%
  • Profit Growth -74.64%
  • Ebitda -60.62%
  • Net Worth 2.18%
  • Total Assets -3.86%

About Midas Infra Trade

Midas Infra Trade Limited (MITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 October 1994 and has a history of 30 years and three months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531192.

The Corporate was formerly known as Associated Fin Lease Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 12.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Midas Infra Trade Limited India is Murari Lal as CFO. Shyam Sundar, Rajnish Chopra, and Bhagat Ram serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mitl.org.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65910DL1994PLC062379

  • Company No.

    062379

  • Stock Symbol

    BSE : 531192

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 1994

  • Date of AGM

    30 Jan 2021

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

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

Executive Team (2)

NameDesignationAppointment DateStatus
Rajnish Chopra Country flag representing In Managing Director01-Aug-2017Current
Murari Lal CFO28-May-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Shyam Sundar Country flag representing In Additional Director 28-May-2020Current
Bhagat Ram Country flag representing In Director 13-Aug-2018Current

Financial Performance of Midas Infra Trade.

Midas Infra Trade Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 25.81% decrease. The company also saw a substantial fall in profitability, with a 74.64% decrease in profit. The company's net worth moved up by a moderate rise of 2.18%.

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
-25.81%
Revenue from Operations
-25.83%
Total Assets
-3.86%
Profit or Loss
-74.64%
Net Worth
2.18%
EBITDA
-60.62%

What is the Ownership and Shareholding Structure of Midas Infra Trade?

In 2020, Midas Infra Trade had a promoter holding of 1.82% and a public holding of 98.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Midas Infra Trade?

Midas Infra Trade has a workforce of 26 employees as of Apr 07, 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 Infra Trade, 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 Infra Trade'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 Infra Trade

Recent activity within the organization

  • Annual General Meeting

    Midas Infra Trade Limited last Annual general meeting of members was held on 30 Jan 2021 as per latest MCA records.

    30 Jan 2021

  • Director Appointment

    Shyam Sundar was appointed as a Additional Director was appointed as a Additional Director on 28 May 2020 & has been associated with this company since 4 years 8 months .

    28 May 2020

  • Director Appointment

    Murari Lal was appointed as a Cfo was appointed as a Cfo on 28 May 2020 & has been associated with this company since 4 years 8 months .

    28 May 2020

  • Balance Sheet

    Midas Infra Trade Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.

    31 Mar 2020

  • Director Appointment

    Bhagat Ram was appointed as a Director was appointed as a Director on 13 Aug 2018 & has been associated with this company since 6 years 6 months .

    13 Aug 2018

  • Director Appointment

    Rajnish Chopra was appointed as a Managing Director was appointed as a Managing Director on 01 Aug 2017 & has been associated with this company since 7 years 6 months .

    01 Aug 2017

Frequently asked questions

  • Midas Infra Trade Limited was incorporated on 26 Oct 1994.

  • The authorized share capital of Midas Infra Trade Limited is ₹ 12.50 Cr and paid-up capital is ₹ 12.20 Cr.

  • Currently 4 directors are associated with Midas Infra Trade Limited.

    • Shyam Sundar
    • Rajnish Chopra
    • Bhagat Ram
    • Murari Lal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Infra Trade Limited is 301 2633-2634, Bank Street Karol Bagh India, New Delhi, 110005.

  • The corporate identification number (CIN) of Midas Infra Trade Limited is L65910DL1994PLC062379 and the company number is 062379 as per Ministry of Corporate Affairs (MCA).

  • Yes, Midas Infra Trade Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Midas Infra Trade Limited is https://www.mitl.org.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Midas Infra Trade Limited has fallen by -25.81%.

  • As Per 2020 financial reports, 26 employees are currently employed by Midas Infra Trade Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Midas Infra Trade Limited has experienced an upsurge of 2.18%.

  • The most recent Balance Sheet for Midas Infra Trade Limited was filed with the ROC on 31 Mar 2020.

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