Midas Twisters Private Limited
Specializes in trading yarn and machinery.
2000 | Ahmedabad, Gujarat (India) | Active
Midas Twisters Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 24 Year, 7 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 seven 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
- 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
Machinery and Equipment
Home & Lifestyle
Midas Twisters Private Limited
Explore comprehensive data for Midas Twisters Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Profit and Loss
- Cash Flow
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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)
Open Charges
₹1.16 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Midas Twisters
Recent activity within the organization
- Annual General Meeting
Midas Twisters Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Midas Twisters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Naran Udaylal Ravat was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2022 & has been associated with this company since 2 years 4 months .
- Charges
A charge with Others amounted to Rs. 1.16 M with Charge ID 100493520 was registered on 27 Apr 2021.
- Charges
A charge registered on 27 Jun 2012 via Charge ID 10366495 with Bank Of Baroda was fully satisfied on 24 Jul 2019.
- Charges
A charge with Bank Of Baroda amounted to Rs. 20.00 M with Charge ID 10366495 was registered on 27 Jun 2012.
Frequently asked questions
What is the Incorporation or founding date of Midas Twisters Private Limited?
Midas Twisters Private Limited was incorporated on 04 Sep 2000.
What is authorized share capital and paid-up capital of Midas Twisters Private Limited?
The authorized share capital of Midas Twisters Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Midas Twisters Private Limited?
Currently 2 directors are associated with Midas Twisters Private Limited.
- Naran Udaylal Ravat
- Anup Mittal
What is the registered address of Midas Twisters Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Midas Twisters Private Limited is 1/B Riverview Apartmentsnr Dinesh Hall Ashram Road India, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Midas Twisters Private Limited?
The corporate identification number (CIN) of Midas Twisters Private Limited is U17110GJ2000PTC038579 and the company number is 038579 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Midas Twisters Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Midas Twisters Private Limited has fallen by -31.96%.
What change has been observed in the net worth of Midas Twisters Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Midas Twisters Private Limited has experienced an downturn of -28.12%.
What are the total open charges for Midas Twisters Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Midas Twisters Private Limited amount to ₹ 1.16 M.
When was the last Balance Sheet of Midas Twisters Private Limited filed with the ROC?
The most recent Balance Sheet for Midas Twisters Private Limited was filed with the ROC on 31 Mar 2024.
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