Midas Microtech Engineering Private Limited

Manufacturer of air jet mills and micronization equipment for pharmaceutical industry in India.

2020 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Midas Microtech Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.86 M
  • Company Age 4 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.33 Cr
  • Satisfied Charges ₹ 1.70 Cr
  • Revenue Growth -5.53%
  • Profit Growth -7.29%
  • Ebitda -4.76%
  • Net Worth 63.94%
  • Total Assets 6.04%

About Midas Microtech Engineering

Midas Microtech Engineering Private Limited (MMEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 September 2020 (Four years and five months 11 days old ). Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 1.00 Cr and a paid-up capital of Rs 3.86 M.

The company currently has active open charges totaling ₹1.33 Cr. The company has closed loans amounting to ₹1.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhir Nayak and Saurabh Nayak serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    midasmicrotech.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299MH2020PTC345858

  • Company No.

    345858

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

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

Board Members (2)

NameDesignationAppointment DateStatus
Sudhir Nayak Country flag representing In Director 11-Sep-2020Current
Saurabh Nayak Country flag representing In Director 11-Sep-2020Current

Financial Performance of Midas Microtech Engineering.

Midas Microtech Engineering Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.53% decrease. The company also saw a slight decrease in profitability, with a 7.29% decrease in profit. The company's net worth Soared by an impressive increase of 63.94%.

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
-5.53%
Revenue from Operations
-5.51%
Total Assets
6.04%
Profit or Loss
-7.29%
Net Worth
63.94%
EBITDA
-4.76%

What is the Ownership and Shareholding Structure of Midas Microtech Engineering?

Unlock access to Midas Microtech Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.33 Cr

Satisfied Charges

₹1.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.33 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Others₹1.33 CrOpen
19 Aug 2021Axis Bank Limited₹1.70 CrSatisfied

How Many Employees Work at Midas Microtech Engineering?

Midas Microtech Engineering has a workforce of 9 employees as of Apr 08, 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 Microtech Engineering, 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 Microtech Engineering'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 Microtech Engineering

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Midas Microtech Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.33 Cr with Charge ID 100890154 was registered on 27 Mar 2024.

    27 Mar 2024

  • Charges

    A charge registered on 19 Aug 2021 via Charge ID 100500184 with Axis Bank Limited was fully satisfied on 03 Nov 2023.

    03 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.70 Cr with Charge ID 100500184 was registered on 19 Aug 2021.

    19 Aug 2021

  • Director Appointment

    Sudhir Laxman Nayak was appointed as a Director was appointed as a Director on 11 Sep 2020 & has been associated with this company since 4 years 5 months .

    11 Sep 2020

Frequently asked questions

  • Midas Microtech Engineering Private Limited was incorporated on 11 Sep 2020.

  • The authorized share capital of Midas Microtech Engineering Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.86 M.

  • Currently 2 directors are associated with Midas Microtech Engineering Private Limited.

    • Sudhir Laxman Nayak
    • Saurabh Sudhir Nayak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Microtech Engineering Private Limited is 34 35 36 Subodh Sagar Industrial Complex, Chinchpada India, Vasai East Palghar, Maharashtra, 401208.

  • The corporate identification number (CIN) of Midas Microtech Engineering Private Limited is U29299MH2020PTC345858 and the company number is 345858 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midas Microtech Engineering Private Limited is https://www.midasmicrotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Midas Microtech Engineering Private Limited has fallen by -5.53%.

  • As Per 2023 financial reports, 9 employees are currently employed by Midas Microtech Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Midas Microtech Engineering Private Limited has experienced an upsurge of 63.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Midas Microtech Engineering Private Limited amount to ₹ 1.33 Cr.

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