Midas Touch Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.75 M
- Satisfied Charges ₹ 5.00 M
- Revenue Growth 171.23%
- Profit Growth 127.07%
- Ebitda 155.69%
- Net Worth 0.51%
- Total Assets -15.24%
About Midas Touch
Midas Touch Limited (MTL) is a Public Limited Indian Non-Government Company incorporated in India on 30 November 1995 and has a history of 29 years and two months. Its registered office is in Jaipur, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹1.75 M. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.
Purushottam Poddar, Ashwani Poddar, and Anirudh Poddar serve as directors at the Company.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U36911RJ1995PLC011161
- Company No.
011161
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Nov 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at Midas Touch?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Purushottam Poddar  | Director | 30-Nov-1995 | Current |
| Ashwani Poddar | Whole-Time Director | 15-Dec-1997 | Current |
| Anirudh Poddar | Director | 05-May-2021 | Current |
Financial Performance of Midas Touch.
Midas Touch Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 171.23% increase. The company also saw a substantial improvement in profitability, with a 127.07% increase in profit. The company's net worth moved up by a moderate rise of 0.51%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Midas Touch?
In 2023, Midas Touch had a promoter holding of 96.92% and a public holding of 3.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
A G Solitaires Designings LlpAshwani Poddar is a mutual person
- Afrra Fashionware Llp
Anirudh Poddar is a mutual person
Charges (Loans)
₹0.18 Cr
₹0.50 Cr
Charges Breakdown by Lending Institutions
- Bank Of Rajasthan Ltd. : 0.15 Cr
- Au Financiers (India) Limited : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2013 | Au Financiers (India) Limited | ₹0.25 M | Open |
| 17 Sep 1997 | Bank Of Rajasthan Ltd. | ₹1.50 M | Open |
| 10 Feb 1997 | Bank Of Rajasthan Limited | ₹5.00 M | Satisfied |
How Many Employees Work at Midas Touch?
Midas Touch has a workforce of 6 employees as of Mar 29, 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 Touch, 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'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.
