Midas Technosystem Private Limited

This company provides a wide range of software, hardware, and IT services, as well as infrastructure development and construction.

2008 | Kolkata, West Bengal (India) | Active
Last Updated:

Midas Technosystem Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.80 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -92.78%
  • Profit Growth -102.17%
  • Ebitda -29.92%
  • Net Worth -0.58%
  • Total Assets -7.45%

About Midas Technosystem

Midas Technosystem Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 2008 and has a history of 17 years and two months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services 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 1.00 Cr and a paid-up capital of Rs 9.80 M, as per Ministry of Corporate Affairs (MCA) records.

Prateek Garodia, Krishna Garodia, Ravish Garodia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200WB2008PTC121504

  • Company No.

    121504

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Midas Technosystem?

Board Members (5)

NameDesignationAppointment DateStatus
Prateek Garodia Country flag representing In Director 10-Aug-2022Current
Krishna Garodia Country flag representing In Additional Director 16-Jan-2025Current
Ravish Garodia Country flag representing In Director 18-May-2018Current
Anju Garodia Additional Director 03-Feb-2025Current
Sushila Garodia Country flag representing In Director 15-Feb-2010Current

Financial Performance of Midas Technosystem.

Midas Technosystem Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 92.78% decrease. The company also saw a substantial fall in profitability, with a 102.17% decrease in profit. The company's net worth dipped by a decrease of 0.58%.

Midas Technosystem revenue growth over time
Midas Technosystem 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
-92.78%
Revenue from Operations
-50.00%
Total Assets
-7.45%
Profit or Loss
-102.17%
Net Worth
-0.58%
EBITDA
-29.92%

What is the Ownership and Shareholding Structure of Midas Technosystem?

In 2023, Midas Technosystem 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Midas Technosystem?

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

Employee growth trends for Midas Technosystem Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Anju Garodia was appointed as a Additional Director was appointed as a Additional Director on 03 Feb 2025 & has been associated with this company since 1 month 25 days .

  • Director Appointment

    Krishna Mohan Garodia was appointed as a Additional Director was appointed as a Additional Director on 16 Jan 2025 & has been associated with this company since 2 months 15 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Prateek Garodia was appointed as a Director was appointed as a Director on 10 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Ravish Garodia was appointed as a Director was appointed as a Director on 18 May 2018 & has been associated with this company since 6 years 10 months .

Frequently asked questions

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

    Midas Technosystem Private Limited was incorporated on 07 Jan 2008.

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

    The authorized share capital of Midas Technosystem Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.80 M.

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

    Currently 5 directors are associated with Midas Technosystem Private Limited.

    • Prateek Garodia
    • Krishna Mohan Garodia
    • Ravish Garodia
    • Anju Garodia
    • Sushila Garodia
  • What is the registered address of Midas Technosystem Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midas Technosystem Private Limited is 102 Central Plaza 1St Floor 2/6, Sarat Bose Road India, Kolkata, West Bengal, 700020.

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

    The corporate identification number (CIN) of Midas Technosystem Private Limited is U72200WB2008PTC121504 and the company number is 121504 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Midas Technosystem Private Limited has fallen by -92.78%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Midas Technosystem Private Limited has experienced an downturn of -0.58%.

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

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

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