Midas Naturals Private Limited

Produces starch-based sweeteners and allied products, including by-products for animal feed.

2014 | Ludhiana, Punjab (India) | Active
Last Updated:

Midas Naturals Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 10 Year, 6 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 six 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

Food and Beverages

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)

NameDesignationAppointment DateStatus
Raghav Agarwal Company Secretary21-Aug-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Siddharth Chowdhary Country flag representing In Director 20-Jan-2023Current
Bhuwan Goyal Country flag representing In Director 24-Nov-2022Current
Ishant Goyal Country flag representing In Director 12-Sep-2014Current
Subhash Patil Country flag representing In Director 20-Jan-2023Current

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%.

Midas Naturals revenue growth over time
Midas Naturals 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
63.79%
Revenue from Operations
65.53%
Total Assets
4.89%
Profit or Loss
-29.28%
Net Worth
29.45%
EBITDA
-13.98%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.28 Cr

Satisfied Charges

₹46.85 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 33.89 Cr
  • Sidbi : 3.39 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2024Sidbi₹3.39 CrOpen
15 Sep 2023Axis Bank Limited₹10.00 CrOpen
29 Mar 2023Axis Bank Limited₹23.89 CrOpen
22 Oct 2020Hdfc Bank Limited₹8.50 MSatisfied
29 Jun 2020Others₹15.00 CrSatisfied

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.

Employee growth trends for Midas Naturals Private Limited

Deals i

Graph showing company valuation over time

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

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 Naturals

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Sidbi amounted to Rs. 3.39 Cr with Charge ID 100851135 was registered on 18 Jan 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 23.89 Cr registered on 29 Mar 2023 with Charge ID 100714021 was modified on 06 Oct 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100784073 was registered on 15 Sep 2023.

  • Director Appointment

    Raghav Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 21 Aug 2023 & has been associated with this company since 1 year 7 months .

Frequently asked questions

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

    Midas Naturals Private Limited was incorporated on 12 Sep 2014.

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

    The authorized share capital of Midas Naturals Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 12.00 Cr.

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

    Currently 5 directors are associated with Midas Naturals Private Limited.

    • Siddharth Chowdhary
    • Bhuwan Goyal
    • Ishant Goyal
    • Subhash Shyamu Patil
    • Raghav Agarwal

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Midas Naturals Private Limited is Village Ramgarh, Nakodar Road Jagraon India, Ludhiana, Punjab, 141001.

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

    The corporate identification number (CIN) of Midas Naturals Private Limited is U15400PB2014PTC038909 and the company number is 038909 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Midas Naturals Private Limited is https://www.midasnaturals.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Midas Naturals Private Limited has risen by 63.79%.

  • How many employees does Midas Naturals Private Limited currently have?

    As Per 2023 financial reports, 44 employees are currently employed by Midas Naturals Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Midas Naturals Private Limited has experienced an upsurge of 29.45%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Midas Naturals Private Limited amount to ₹ 37.28 Cr.

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

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

People also Viewed