Midcon Polymers Private Limited

Provides parking income services since 2001, based in Bangalore, Karnataka.

2001 | Bangaluru, Karnataka (India) | Active
Last Updated:

Midcon Polymers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.32 Cr
  • Company Age 23 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 170.39 Cr
  • Satisfied Charges ₹ 34.62 Cr
  • Revenue Growth -81.51%
  • Profit Growth -89.48%
  • Ebitda -485.70%
  • Net Worth -22.14%
  • Total Assets -28.54%

About Midcon Polymers

Midcon Polymers Private Limited (MPPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 July 2001 and has a history of 23 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Services 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 2.00 Cr and a paid-up capital of Rs 1.32 Cr.

The company currently has active open charges totaling ₹170.39 Cr. The company has closed loans amounting to ₹34.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manoj Ramsisaria and Jayanti Ramsisaria serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24132KA2001PTC061131

  • Company No.

    061131

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services

Who are the key members and board of directors at Midcon Polymers?

Board Members (2)

NameDesignationAppointment DateStatus
Manoj Ramsisaria Country flag representing In Director 14-Feb-2014Current
Jayanti Ramsisaria Country flag representing In Director 08-Mar-2021Current

Financial Performance of Midcon Polymers.

Midcon Polymers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 81.51% decrease. The company also saw a substantial fall in profitability, with a 89.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.14%.

Midcon Polymers revenue growth over time
Midcon Polymers 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
-81.51%
Revenue from Operations
Total Assets
-28.54%
Profit or Loss
-89.48%
Net Worth
-22.14%
EBITDA
-485.70%

What is the Ownership and Shareholding Structure of Midcon Polymers?

In 2021, Midcon Polymers 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

₹170.39 Cr

Satisfied Charges

₹34.62 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 122.34 Cr
  • Others : 48.05 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2019Others₹48.05 CrOpen
16 Oct 2014State Bank Of India₹68.62 CrOpen
20 Jul 2007State Bank Of India₹53.72 CrOpen
13 Dec 2007State Bank Of Travancore (Commercial Branch)₹34.62 CrSatisfied

How Many Employees Work at Midcon Polymers?

Unlock and access historical data on people associated with Midcon Polymers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Midcon Polymers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midcon Polymers, 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 Midcon Polymers'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 Midcon Polymers

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Midcon Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others of Rs. 48.05 Cr registered on 28 Mar 2019 with Charge ID 100270588 was modified on 11 Aug 2022.

  • Charges

    A charge with State Bank Of India of Rs. 53.72 Cr registered on 20 Jul 2007 with Charge ID 10084680 was modified on 05 Aug 2022.

  • Director Appointment

    Jayanti Ramsisaria was appointed as a Director was appointed as a Director on 08 Mar 2021 & has been associated with this company since 4 years 20 days .

  • Charges

    A charge with Others amounted to Rs. 48.05 Cr with Charge ID 100270588 was registered on 28 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Midcon Polymers Private Limited?

    Midcon Polymers Private Limited was incorporated on 25 Jul 2001.

  • What is authorized share capital and paid-up capital of Midcon Polymers Private Limited?

    The authorized share capital of Midcon Polymers Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.32 Cr.

  • Who are the current board members & directors of Midcon Polymers Private Limited?

    Currently 2 directors are associated with Midcon Polymers Private Limited.

    • Manoj Ramsisaria
    • Jayanti Ramsisaria

  • What is the registered address of Midcon Polymers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midcon Polymers Private Limited is Flat No 83 Dadlani'S Mansion 3Rd Floor Site No. 69 Kh Road, India, Bangalore, Karnataka, 560027.

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

    The corporate identification number (CIN) of Midcon Polymers Private Limited is U24132KA2001PTC061131 and the company number is 061131 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Midcon Polymers Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Midcon Polymers Private Limited has fallen by -81.51%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Midcon Polymers Private Limited has experienced an downturn of -22.14%.

  • What are the total open charges for Midcon Polymers Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Midcon Polymers Private Limited amount to ₹ 170.39 Cr.

  • When was the last Balance Sheet of Midcon Polymers Private Limited filed with the ROC?

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

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