Midastech Orbit Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.41 Cr
- Company Age 6 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- 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 ten months 28 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 2023. 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.
Manmeet Khurana, Bhupinder Khurana, and Tejinder 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Who are the key members and board of directors at Midastech Orbit?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manmeet Khurana  | Director | 27-Mar-2018 | Current |
| Bhupinder Khurana | Director | 27-Mar-2018 | Current |
| Tejinder Khurana | Director | 27-Mar-2018 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Bonne Sante Solutions Private LimitedManmeet Khurana is a mutual person
- Lamba Traders And Engineers Pvt Ltd
Bhupinder Khurana and Tejinder Khurana are mutual person
Charges (Loans)
₹1.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Axis Bank Limited | ₹1.00 Cr | Open |
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.
Deals i
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
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.