Midas Polymer Compounds Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 28 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- 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 four months. Its registered office is in Kottayam, Kerala.
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 2024. 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.
John Abraham, Divya Varughese, and Abraham Mathew serve as directors at the Company.
Company Details
- Location Kottayam, Kerala
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24134KL1996PTC010876
- Company No.
010876
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Oct 1996
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Manufacturing
Midas Polymer Compounds Private Limited
Explore comprehensive data for Midas Polymer Compounds Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Midas Polymer Compounds?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Divya Varughese  | Director | 03-Apr-2023 | Current |
| Abraham Mathew | Director | 20-Feb-2001 | Current |
| John Abraham | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Midas Pre Cured Treads Pvt LtdDivya Varughese is a mutual person
Peopleserve Outsourcing Private LimitedJohn Abraham and Divya Varughese are mutual person
- Midas Guardian Private Limited
Divya Varughese is a mutual person
- Midas Bonding Products Private Limited
Divya Varughese is a mutual person
- P John Zachariah And Co Pvt Ltd
Divya Varughese is a mutual person
- Midas Butyl Products India Private Limited
Divya Varughese is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Midas Polymer Compounds
Recent activity within the organization
- Annual General Meeting
Midas Polymer Compounds Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
- Balance Sheet
Midas Polymer Compounds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
- Director Appointment
Divya Varughese was appointed as a Director was appointed as a Director on 03 Apr 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge registered on 08 Aug 2011 via Charge ID 10306200 with Hdfc Bank Limited was fully satisfied on 28 Dec 2022.
- Charges
A charge registered on 07 Nov 2014 via Charge ID 10534941 with The Federal Bank Ltd was fully satisfied on 04 Aug 2021.
- Charges
A charge registered on 07 Nov 2014 via Charge ID 10534965 with The Federal Bank Ltd was fully satisfied on 04 Aug 2021.
Frequently asked questions
What is the Incorporation or founding date of Midas Polymer Compounds Private Limited?
Midas Polymer Compounds Private Limited was incorporated on 23 Oct 1996.
What is authorized share capital and paid-up capital of Midas Polymer Compounds Private Limited?
The authorized share capital of Midas Polymer Compounds Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.00 Cr.
Who are the current board members & directors of Midas Polymer Compounds Private Limited?
Currently 3 directors are associated with Midas Polymer Compounds Private Limited.
- John Kurudamannil Abraham
- Divya Varughese
- Abraham Mathew
What is the registered address of Midas Polymer Compounds Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Midas Polymer Compounds Private Limited is Midas Marketing Building Varisserry, Mariathuruthu P.O. India, Kottayam, Kerala, 686027.
What is the corporate identification number (CIN) and company number of Midas Polymer Compounds Private Limited?
The corporate identification number (CIN) of Midas Polymer Compounds Private Limited is U24134KL1996PTC010876 and the company number is 010876 as per Ministry of Corporate Affairs (MCA).
What is the official website of Midas Polymer Compounds Private Limited?
The Official website of Midas Polymer Compounds Private Limited is https://www.midas.ind.in
What has been the recent revenue trend for Midas Polymer Compounds Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Midas Polymer Compounds Private Limited has risen by 61.88%.
How many employees does Midas Polymer Compounds Private Limited currently have?
As Per 2023 financial reports, 69 employees are currently employed by Midas Polymer Compounds Private Limited.
What change has been observed in the net worth of Midas Polymer Compounds Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Midas Polymer Compounds Private Limited has experienced an upsurge of 2.97%.
When was the last Balance Sheet of Midas Polymer Compounds Private Limited filed with the ROC?
The most recent Balance Sheet for Midas Polymer Compounds Private Limited was filed with the ROC on 31 Mar 2024.
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