Midas Polymer Compounds Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 5.62 Cr
- Revenue Growth 61.88%
- Profit Growth -47.86%
- Ebitda 203.64%
- Net Worth 2.97%
- Total Assets 6.76%
About Midas Polymer Compounds
Midas Polymer Compounds Private Limited (MPCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 1996 and has a history of 28 years and three months. Its registered office is in Kottayam, Kerala, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.00 Cr.
The company has closed loans amounting to ₹5.62 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Abraham Mathew, Divya Varughese, and John Abraham serve as directors at the Company.
Company Details
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Location
Kottayam, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24134KL1996PTC010876
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Company No.
010876
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Oct 1996
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Date of AGM
15 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Midas Polymer Compounds?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Divya Varughese
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Director | 03-Apr-2023 | Current |
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Abraham Mathew
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Director | 20-Feb-2001 | Current |
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John Abraham
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Director | 01-Sep-2010 | Current |
Financial Performance of Midas Polymer Compounds.
Midas Polymer Compounds Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.88% increase. The company also saw a substantial fall in profitability, with a 47.86% decrease in profit. The company's net worth moved up by a moderate rise of 2.97%.
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What is the Ownership and Shareholding Structure of Midas Polymer Compounds?
In 2023, Midas Polymer Compounds 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)
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Midas Pre Cured Treads Pvt LtdDivya Varughese is a mutual person
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Anchor Treads Pvt LtdAbraham Mathew is a mutual person
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Prudential Rubber Pvt Ltd
Abraham Mathew is a mutual person
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Peopleserve Outsourcing Private Limited
Divya Varughese and John Abraham are mutual person
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Midas Guardian Private Limited
Divya Varughese is a mutual person
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Midas Bonding Products Private Limited
Divya Varughese is a mutual person
Charges (Loans)
₹0
₹5.62 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.00 Cr
- The Federal Bank Ltd : 0.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2014 | The Federal Bank Ltd | ₹6.00 M | Satisfied |
| 07 Nov 2014 | The Federal Bank Ltd | ₹0.18 M | Satisfied |
| 08 Aug 2011 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Midas Polymer Compounds?
Midas Polymer Compounds has a workforce of 69 employees as of Apr 04, 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 Polymer Compounds, 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 Polymer Compounds'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.
