Midas Tankers Private Limited

Provides ship management and related services, incorporated in 2017 with registered office in Navi Mumbai.

2017 | Thane, Maharashtra (India) | Active
Last Updated: February 05, 2025

Midas Tankers Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.65 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.75 Cr
  • Revenue Growth -70.50%
  • Profit Growth 258.39%
  • Ebitda 100.74%
  • Net Worth 45.44%
  • Total Assets -19.80%

About Midas Tankers

Midas Tankers Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 May 2017 (Seven years and eight months 10 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 3.00 M and a paid-up capital of Rs 2.65 M.

The company currently has active open charges totaling ₹4.75 Cr.

Vijay Yadav, Jay Gupta, and Pradeep Singh serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2017PTC295548

  • Company No.

    295548

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 May 2017

  • 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 Tankers?

Board Members (3)

Name Designation Appointment Date Status
Vijay Yadav Country flag representing In Director 30-May-2017 Current
Jay Gupta Country flag representing In Director 30-May-2017 Current
Pradeep Singh Country flag representing In Director 30-May-2017 Current

Financial Performance of Midas Tankers.

Midas Tankers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.5% decrease. The company also saw a substantial improvement in profitability, with a 258.39% increase in profit. The company's net worth Soared by an impressive increase of 45.44%.

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
-70.50%
Revenue from Operations
-61.19%
Total Assets
-19.80%
Profit or Loss
258.39%
Net Worth
45.44%
EBITDA
100.74%

What is the Ownership and Shareholding Structure of Midas Tankers?

In 2023, Midas Tankers 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

₹47.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.75 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2021 Others ₹4.75 Cr Open

How Many Employees Work at Midas Tankers?

Unlock and access historical data on people associated with Midas Tankers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Tankers, 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 Tankers'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 Tankers

Recent activity within the organization

  • Annual General Meeting

    Midas Tankers 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 Tankers 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. 47.50 M with Charge ID 100498142 was registered on 26 Jul 2021.

    26 Jul 2021

  • Director Appointment

    Vijay Kumar Yadav was appointed as a Director was appointed as a Director on 30 May 2017 & has been associated with this company since 7 years 8 months .

    30 May 2017

  • Director Appointment

    Jay Prakash Gupta was appointed as a Director was appointed as a Director on 30 May 2017 & has been associated with this company since 7 years 8 months .

    30 May 2017

  • Director Appointment

    Pradeep Kumar Singh was appointed as a Director was appointed as a Director on 30 May 2017 & has been associated with this company since 7 years 8 months .

    30 May 2017

Frequently asked questions

  • Midas Tankers Private Limited was incorporated on 30 May 2017.

  • The authorized share capital of Midas Tankers Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.65 M.

  • Currently 3 directors are associated with Midas Tankers Private Limited.

    • Vijay Kumar Yadav
    • Jay Prakash Gupta
    • Pradeep Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Tankers Private Limited is Flat No. 702 Wing D-6 Plot 38 Sagar Darshan Chsl Sector-18, Nerul India, Navi Mumbai, Maharashtra, 400706.

  • The corporate identification number (CIN) of Midas Tankers Private Limited is U74999MH2017PTC295548 and the company number is 295548 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midas Tankers Private Limited is https://www.midasship.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Midas Tankers Private Limited has fallen by -70.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Midas Tankers Private Limited has experienced an upsurge of 45.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Midas Tankers Private Limited amount to ₹ 4.75 Cr.

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