Midas Touch Gems Private Limited

Jewelry trading company established in 2002 with registered office in Surat, Gujarat.

2002 | Surat, Gujarat (India) | Active
Last Updated: January 13, 2025

Midas Touch Gems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 23 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 79.03%
  • Profit Growth 145.23%
  • Ebitda 1020.23%
  • Net Worth 0.06%
  • Total Assets 3.49%

About Midas Touch Gems

Midas Touch Gems Private Limited (MTGPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 January 2002 and has a history of 23 years and one month. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Consumer Goods 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 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Shruti Mehta, Bela Mehta, Dhiren Mehta, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911GJ2002PTC040328

  • Company No.

    040328

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jan 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

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

Board Members (4)

NameDesignationAppointment DateStatus
Shruti Mehta Country flag representing In Director 12-Sep-2020Current
Bela Mehta Country flag representing In Director 12-Sep-2020Current
Dhiren Mehta Country flag representing In Director 02-Jan-2002Current
Amit Mehta Country flag representing In Director 02-Jan-2002Current

Financial Performance of Midas Touch Gems.

Midas Touch Gems Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 79.03% increase. The company also saw a substantial improvement in profitability, with a 145.23% increase in profit. The company's net worth moved up by a moderate rise of 0.06%.

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
79.03%
Revenue from Operations
75.59%
Total Assets
3.49%
Profit or Loss
145.23%
Net Worth
0.06%
EBITDA
1020.23%

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

In 2019, Midas Touch Gems 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 Touch Gems?

Unlock and access historical data on people associated with Midas Touch Gems, 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 Touch Gems, 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 Gems'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 Gems

Recent activity within the organization

  • Annual General Meeting

    Midas Touch Gems 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 Touch Gems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Shruti Dhiren Mehta was appointed as a Director was appointed as a Director on 12 Sep 2020 & has been associated with this company since 4 years 5 months .

    12 Sep 2020

  • Director Appointment

    Bela Amit Mehta was appointed as a Director was appointed as a Director on 12 Sep 2020 & has been associated with this company since 4 years 5 months .

    12 Sep 2020

  • Director Appointment

    Dhiren Vanubhai Mehta was appointed as a Director was appointed as a Director on 02 Jan 2002 & has been associated with this company since 23 years 1 month .

    02 Jan 2002

  • Director Appointment

    Amit Vanubhai Mehta was appointed as a Director was appointed as a Director on 02 Jan 2002 & has been associated with this company since 23 years 1 month .

    02 Jan 2002

Frequently asked questions

  • Midas Touch Gems Private Limited was incorporated on 02 Jan 2002.

  • The authorized share capital of Midas Touch Gems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Midas Touch Gems Private Limited.

    • Shruti Dhiren Mehta
    • Bela Amit Mehta
    • Dhiren Vanubhai Mehta
    • Amit Vanubhai Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Touch Gems Private Limited is 712 7Th Flr Shri Ram Apart Co-Op. H. Soc. Ltd Rajeshwar Apt Athugar Maholla Nanpura, India, Surat, Gujarat, 395001.

  • The corporate identification number (CIN) of Midas Touch Gems Private Limited is U36911GJ2002PTC040328 and the company number is 040328 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Midas Touch Gems Private Limited has risen by 79.03%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Midas Touch Gems Private Limited has experienced an upsurge of 0.06%.

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