Midas Touch Export Private Limited

Manufacturer and exporter of apparel with 5 units, 600 machines, and global customers.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Midas Touch Export Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 25.00 Cr
  • Revenue Growth -99.97%
  • Profit Growth 88.99%
  • Ebitda 87.30%
  • Net Worth -3.98%
  • Total Assets -53.65%

About Midas Touch Export

Midas Touch Export Private Limited (MTEPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 July 1993 and has a history of 31 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Midas Touch Apparel Private Limited. 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 2018. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 Cr.

The company currently has active open charges totaling ₹25.00 Cr.

Ashok Rajani and Suresh Rajan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    midastouchapparel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18109MH1993PTC072666

  • Company No.

    072666

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1993

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Midas Touch Export Private Limited offer?

Midas Touch Export Private Limited offers a wide range of products and services, including Ladies Dresses, Apparels & Clothings, Ladies Wear, Kids Casual, Ethnic & Western Wear, Kids Fashion Clothing.

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

Board Members (2)

NameDesignationAppointment DateStatus
Ashok Rajani Country flag representing In Director 02-Jul-1993Current
Suresh Rajan Country flag representing In Director 02-Jul-1993Current

Financial Performance of Midas Touch Export.

Midas Touch Export Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.97% decrease. The company also saw a substantial improvement in profitability, with a 88.99% increase in profit. The company's net worth dipped by a decrease of 3.98%.

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
-99.97%
Revenue from Operations
Total Assets
-53.65%
Profit or Loss
88.99%
Net Worth
-3.98%
EBITDA
87.30%

What is the Ownership and Shareholding Structure of Midas Touch Export?

In 2018, Midas Touch Export 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

₹25.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2013Vijaya Bank₹25.00 CrOpen

How Many Employees Work at Midas Touch Export?

Midas Touch Export has a workforce of 0 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Midas Touch Export Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Midas Touch Export Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Charges

    A charge with Vijaya Bank of Rs. 25.00 Cr registered on 11 Sep 2013 with Charge ID 10452816 was modified on 07 Oct 2014.

    07 Oct 2014

  • Charges

    A charge with Vijaya Bank amounted to Rs. 25.00 Cr with Charge ID 10452816 was registered on 11 Sep 2013.

    11 Sep 2013

  • Director Appointment

    Ashok Girdharidas Rajani was appointed as a Director was appointed as a Director on 02 Jul 1993 & has been associated with this company since 31 years 7 months .

    02 Jul 1993

  • Director Appointment

    Suresh Girdhardas Rajan was appointed as a Director was appointed as a Director on 02 Jul 1993 & has been associated with this company since 31 years 7 months .

    02 Jul 1993

Frequently asked questions

  • Midas Touch Export Private Limited was incorporated on 02 Jul 1993.

  • The authorized share capital of Midas Touch Export Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 2 directors are associated with Midas Touch Export Private Limited.

    • Ashok Girdharidas Rajani
    • Suresh Girdhardas Rajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Touch Export Private Limited is Parvati Indl Estatesun Mill Compound Lower Parel India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Midas Touch Export Private Limited is U18109MH1993PTC072666 and the company number is 072666 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midas Touch Export Private Limited is https://www.midastouchapparel.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Midas Touch Export Private Limited has fallen by -99.97%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Midas Touch Export Private Limited has experienced an downturn of -3.98%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Midas Touch Export Private Limited amount to ₹ 25.00 Cr.

  • The most recent Balance Sheet for Midas Touch Export Private Limited was filed with the ROC on 31 Mar 2018.