Midas Naturals Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 12.00 Cr
- Company Age 10 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 37.28 Cr
- Satisfied Charges ₹ 46.85 Cr
- Revenue Growth 63.79%
- Profit Growth -29.28%
- Ebitda -13.98%
- Net Worth 29.45%
- Total Assets 4.89%
About Midas Naturals
Midas Naturals Private Limited (MNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 2014 and has a history of Ten years and five months. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Food And Beverages 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 12.00 Cr and a paid-up capital of Rs 12.00 Cr.
The company currently has active open charges totaling ₹37.28 Cr. The company has closed loans amounting to ₹46.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Midas Naturals Private Limited India is Raghav Agarwal as COMPANY SECRETARY. Siddharth Chowdhary, Bhuwan Goyal, Ishant Goyal, and One other member serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U15400PB2014PTC038909
- Company No.
038909
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Sep 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Midas Naturals Private Limited offer?
Midas Naturals Private Limited offers a wide range of products and services, including Flavours & Aromatics, Sweetener, Natural Sweetener, Bird Food, Poultry & Animal Food, Animal Feed, Weight Gain Nutrition, Maltodextrin Powder, Corn Syrup, Liquid Glucose.
Who are the key members and board of directors at Midas Naturals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raghav Agarwal | Company Secretary | 21-Aug-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siddharth Chowdhary  | Director | 20-Jan-2023 | Current |
| Bhuwan Goyal | Director | 24-Nov-2022 | Current |
| Ishant Goyal | Director | 12-Sep-2014 | Current |
| Subhash Patil | Director | 20-Jan-2023 | Current |
Financial Performance of Midas Naturals.
Midas Naturals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.79% increase. The company also saw a substantial fall in profitability, with a 29.28% decrease in profit. The company's net worth Soared by an impressive increase of 29.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Midas Naturals?
In 2023, Midas Naturals 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)
Shree Rama Newsprint LimitedSiddharth Chowdhary is a mutual person
Greenchem Energies Private LimitedBhuwan Goyal and Ishant Goyal are mutual person
Bluecraft Agro Private LimitedSiddharth Chowdhary and Subhash Patil are mutual person
Orange Etokri India Private LimitedBhuwan Goyal and Ishant Goyal are mutual person
A P Refinery Private LimitedBhuwan Goyal is a mutual person
Riddhi Siddhi Estate Creator LlpSiddharth Chowdhary is a mutual person
Charges (Loans)
₹37.28 Cr
₹46.85 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 33.89 Cr
- Sidbi : 3.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2024 | Sidbi | ₹3.39 Cr | Open |
| 15 Sep 2023 | Axis Bank Limited | ₹10.00 Cr | Open |
| 29 Mar 2023 | Axis Bank Limited | ₹23.89 Cr | Open |
| 22 Oct 2020 | Hdfc Bank Limited | ₹8.50 M | Satisfied |
| 29 Jun 2020 | Others | ₹15.00 Cr | Satisfied |
How Many Employees Work at Midas Naturals?
Midas Naturals has a workforce of 44 employees as of Mar 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Midas Naturals, 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 Naturals'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.
