Midastouch Power Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 10 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,593.35 Cr
- Satisfied Charges ₹ 597.40 Cr
- Revenue Growth 0.86%
- Profit Growth -9.70%
- Ebitda 43.24%
- Net Worth 29.95%
- Total Assets -0.52%
About Midastouch Power
Midastouch Power Private Limited (MPPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 March 2014 and has a history of Ten years and 11 months. Its registered office is in Balangir, Odisha, India.
The Company is engaged in the Energy And Power 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 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1,593.35 Cr. The company has closed loans amounting to ₹597.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satyendra Tiwari and Ajay Pradhan serve as directors at the Company.
Company Details
- Location
Balangir, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U40102OR2014PTC017938
- Company No.
017938
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Mar 2014
- Date of AGM
27 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Midastouch Power?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satyendra Tiwari  | Director | 16-May-2018 | Current |
| Ajay Pradhan | Director | 01-Dec-2022 | Current |
Financial Performance of Midastouch Power.
Midastouch Power Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 0.86% increase. The company also saw a slight decrease in profitability, with a 9.7% decrease in profit. The company's net worth Soared by an impressive increase of 29.95%.
- 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 Midastouch Power?
In 2021, Midastouch Power 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)
Acme Aklera Power Technology Private LimitedSatyendra Tiwari and Ajay Pradhan are mutual person
- Acme Heergarh Powertech Private Limited
Satyendra Tiwari is a mutual person
- Acme Urja Private Limited
Satyendra Tiwari is a mutual person
- Acme Deoghar Solar Power Private Limited
Satyendra Tiwari is a mutual person
- Acme Phalodi Solar Energy Private Limited
Satyendra Tiwari and Ajay Pradhan are mutual person
- Acme Jaisalmer Solar Power Private Limited
Ajay Pradhan is a mutual person
Charges (Loans)
₹15,933.50 M
₹5,974.00 M
Charges Breakdown by Lending Institutions
- Others : 1593.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jul 2024 | Others | ₹1,350.00 Cr | Open |
| 18 May 2023 | Others | ₹243.35 Cr | Open |
| 06 Nov 2018 | Others | ₹226.20 Cr | Satisfied |
| 25 Oct 2016 | Others | ₹226.20 Cr | Satisfied |
| 06 May 2015 | Ptc India Financial Services Limited | ₹145.00 Cr | Satisfied |
How Many Employees Work at Midastouch Power?
Unlock and access historical data on people associated with Midastouch Power, 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 Midastouch Power, 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 Midastouch Power'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.
