Midastech Orbit Private Limited

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2018 | Meerut, Uttar Pradesh (India) | Active
Last Updated:

Midastech Orbit Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.41 Cr
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 59.42%
  • Profit Growth 39.45%
  • Ebitda 69.13%
  • Net Worth 27.48%
  • Total Assets 33.35%

About Midastech Orbit

Midastech Orbit Private Limited (MOPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 March 2018 (Six years and 11 months 13 days old ). Its registered office is in Meerut, Uttar Pradesh, India.

The Company is engaged in the Internet 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 10.00 Cr and a paid-up capital of Rs 9.41 Cr.

The company currently has active open charges totaling ₹1.00 Cr.

Tejinder Khurana, Manmeet Khurana, and Bhupinder Khurana serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999UP2018PTC102574

  • Company No.

    102574

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Internet

Who are the key members and board of directors at Midastech Orbit?

Board Members (3)

NameDesignationAppointment DateStatus
Tejinder Khurana Country flag representing In Director 27-Mar-2018Current
Manmeet Khurana Country flag representing In Director 27-Mar-2018Current
Bhupinder Khurana Country flag representing In Director 27-Mar-2018Current

Financial Performance of Midastech Orbit.

Midastech Orbit Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.42% increase. The company also saw a substantial improvement in profitability, with a 39.45% increase in profit. The company's net worth Soared by an impressive increase of 27.48%.

Midastech Orbit revenue growth over time
Midastech Orbit 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
59.42%
Revenue from Operations
59.41%
Total Assets
33.35%
Profit or Loss
39.45%
Net Worth
27.48%
EBITDA
69.13%

What is the Ownership and Shareholding Structure of Midastech Orbit?

In 2023, Midastech Orbit 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

₹1.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2024Axis Bank Limited₹1.00 CrOpen

How Many Employees Work at Midastech Orbit?

Midastech Orbit has a workforce of 33 employees as of Apr 01, 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.

Employee growth trends for Midastech Orbit Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midastech Orbit, 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 Midastech Orbit'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 Midastech Orbit

Recent activity within the organization

  • Annual General Meeting

    Midastech Orbit Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Midastech Orbit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100895048 was registered on 21 Mar 2024.

  • Director Appointment

    Tejinder Singh Khurana was appointed as a Director was appointed as a Director on 27 Mar 2018 & has been associated with this company since 6 years 11 months .

  • Director Appointment

    Manmeet Khurana was appointed as a Director was appointed as a Director on 27 Mar 2018 & has been associated with this company since 6 years 11 months .

  • Director Appointment

    Bhupinder Kaur Khurana was appointed as a Director was appointed as a Director on 27 Mar 2018 & has been associated with this company since 6 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Midastech Orbit Private Limited?

    Midastech Orbit Private Limited was incorporated on 27 Mar 2018.

  • What is authorized share capital and paid-up capital of Midastech Orbit Private Limited?

    The authorized share capital of Midastech Orbit Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.41 Cr.

  • Who are the current board members & directors of Midastech Orbit Private Limited?

    Currently 3 directors are associated with Midastech Orbit Private Limited.

    • Tejinder Singh Khurana
    • Manmeet Khurana
    • Bhupinder Kaur Khurana
  • What is the registered address of Midastech Orbit Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midastech Orbit Private Limited is B-57, Taxila Colony Garh Road India, Meerut, Uttar Pradesh, 250004.

  • What is the corporate identification number (CIN) and company number of Midastech Orbit Private Limited?

    The corporate identification number (CIN) of Midastech Orbit Private Limited is U74999UP2018PTC102574 and the company number is 102574 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Midastech Orbit Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Midastech Orbit Private Limited has risen by 59.42%.

  • How many employees does Midastech Orbit Private Limited currently have?

    As Per 2023 financial reports, 33 employees are currently employed by Midastech Orbit Private Limited.

  • What change has been observed in the net worth of Midastech Orbit Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Midastech Orbit Private Limited has experienced an upsurge of 27.48%.

  • What are the total open charges for Midastech Orbit Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Midastech Orbit Private Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Midastech Orbit Private Limited filed with the ROC?

    The most recent Balance Sheet for Midastech Orbit Private Limited was filed with the ROC on 31 Mar 2024.