Midas Twisters Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 24 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.16 M
- Satisfied Charges ₹ 2.39 Cr
- Revenue Growth -31.96%
- Profit Growth 60.47%
- Ebitda 301.98%
- Net Worth -28.12%
- Total Assets -15.61%
About Midas Twisters
Midas Twisters Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 September 2000 and has a history of 24 years and five months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹1.16 M. The company has closed loans amounting to ₹2.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Naran Ravat and Anup Mittal serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17110GJ2000PTC038579
- Company No.
038579
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Sep 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Midas Twisters?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naran Ravat  | Additional Director | 01-Dec-2022 | Current |
| Anup Mittal | Director | 15-Jun-2006 | Current |
Financial Performance of Midas Twisters.
Midas Twisters Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 31.96% decrease. The company also saw a substantial improvement in profitability, with a 60.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 28.12%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Midas Twisters?
In 2019, Midas Twisters had a promoter holding of 96.08% and a public holding of 3.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Midas Yarn Processors Private LimitedNaran Ravat and Anup Mittal are mutual person
Charges (Loans)
₹1.16 M
₹23.90 M
Charges Breakdown by Lending Institutions
- Others : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Apr 2021 | Others | ₹1.16 M | Open |
| 27 Jun 2012 | Bank Of Baroda | ₹2.00 Cr | Satisfied |
| 17 Oct 2005 | Punjab National Bank | ₹3.90 M | Satisfied |
How Many Employees Work at Midas Twisters?
Unlock and access historical data on people associated with Midas Twisters, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Midas Twisters, 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 Twisters'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.
