Midas Jewels Pvt Ltd

Jewelry trading and manufacturing company specializing in gold, silver, gems, diamonds, and pearls.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Midas Jewels Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.10 M
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.33 Cr
  • Revenue Growth -44.44%
  • Profit Growth -105.18%
  • Ebitda -26.43%
  • Net Worth -0.22%
  • Total Assets -0.22%

About Midas Jewels

Midas Jewels Pvt Ltd (MJPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 February 1993 and has a history of 32 years and one month. Its registered office is in Mumbai, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.10 M.

The company has closed loans amounting to ₹2.33 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajesh Bhogilal and Aditi Nair serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52393MH1993PTC070634

  • Company No.

    070634

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods
Company report

Midas Jewels Pvt Ltd

Explore comprehensive data for Midas Jewels Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Rajesh Bhogilal Country flag representing In Director 04-Feb-1993Current
Aditi Nair Country flag representing In Director 01-Apr-2022Current

Financial Performance of Midas Jewels.

Midas Jewels Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 44.44% decrease. The company also saw a substantial fall in profitability, with a 105.18% decrease in profit. The company's net worth dipped by a decrease of 0.22%.

Midas Jewels revenue growth over time
Midas Jewels 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
-44.44%
Revenue from Operations
-34.96%
Total Assets
-0.22%
Profit or Loss
-105.18%
Net Worth
-0.22%
EBITDA
-26.43%

What is the Ownership and Shareholding Structure of Midas Jewels?

In 2021, Midas Jewels 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

₹23.30 M

Charges Breakdown by Lending Institutions

  • Dena Bank : 2.33 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2005Dena Bank₹1.73 CrSatisfied
08 Feb 2002Dena Bank₹3.50 MSatisfied
09 Sep 1998Dena Bank₹2.50 MSatisfied

How Many Employees Work at Midas Jewels?

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

Employee growth trends for Midas Jewels Pvt Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Midas Jewels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Midas Jewels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Aditi Ramchandran Nair was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge registered on 08 Feb 2002 via Charge ID 90164217 with Dena Bank was fully satisfied on 18 Jul 2013.

  • Charges

    A charge registered on 09 Sep 1998 via Charge ID 90163764 with Dena Bank was fully satisfied on 18 Jul 2013.

  • Charges

    A charge registered on 25 May 2005 via Charge ID 90161118 with Dena Bank was fully satisfied on 28 Jun 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Midas Jewels Pvt Ltd?

    Midas Jewels Pvt Ltd was incorporated on 03 Feb 1993.

  • What is authorized share capital and paid-up capital of Midas Jewels Pvt Ltd?

    The authorized share capital of Midas Jewels Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.10 M.

  • Who are the current board members & directors of Midas Jewels Pvt Ltd?

    Currently 2 directors are associated with Midas Jewels Pvt Ltd.

    • Rajesh Vora Bhogilal
    • Aditi Ramchandran Nair
  • What is the registered address of Midas Jewels Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midas Jewels Pvt Ltd is 302 Madhuvan 9 Jvpd Schemeroad No 1 Vile Parle West India, Mumbai, Maharashtra, 400056.

  • What is the corporate identification number (CIN) and company number of Midas Jewels Pvt Ltd?

    The corporate identification number (CIN) of Midas Jewels Pvt Ltd is U52393MH1993PTC070634 and the company number is 070634 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Midas Jewels Pvt Ltd?

    According to the financial reports for the fiscal year 2021, the revenue trend for Midas Jewels Pvt Ltd has fallen by -44.44%.

  • What change has been observed in the net worth of Midas Jewels Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Midas Jewels Pvt Ltd has experienced an downturn of -0.22%.

  • When was the last Balance Sheet of Midas Jewels Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Midas Jewels Pvt Ltd was filed with the ROC on 31 Mar 2024.

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