Midcon Polymers Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 07-12-2024
- Paid Up Capital ₹ 1.32 Cr
as on 07-12-2024
- Company Age 23 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 170.39 Cr
as on 07-12-2024
- Satisfied Charges ₹ 34.62 Cr
as on 07-12-2024
- Revenue -81.51%
(FY 2022)
- Profit -89.48%
(FY 2022)
- Ebitda -485.70%
(FY 2022)
- Net Worth -22.14%
(FY 2022)
- Total Assets -28.54%
(FY 2022)
About Midcon Polymers
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Midcon Polymers?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manoj Ramsisaria  | Director | 14-Feb-2014 | Current |
| Jayanti Ramsisaria | Director | 08-Mar-2021 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Mar 2019 | ₹48.05 Cr | Open |
State Bank Of India Creation Date: 16 Oct 2014 | ₹68.62 Cr | Open |
State Bank Of India Creation Date: 20 Jul 2007 | ₹53.72 Cr | Open |
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.
Deals i
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
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.
