Midland Polymers Profile
Key Indicators
- Authorised Capital ₹ 13.60 Cr
- Paid Up Capital ₹ 6.69 M
- Company Age 32 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 4.36 Cr
- Revenue Growth -100.00%
- Profit Growth -279.53%
- Ebitda -105.88%
- Net Worth -1.99%
- Total Assets -4.39%
About Midland Polymers
Midland Polymers Limited (MPL) is a Public Limited Indian Non-Government Company incorporated in India on 01 September 1992 and has a history of 32 years and five months. Its registered office is in Hyderabad, Telangana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531597.
The Company is engaged in the Information Technology 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 13.60 Cr and a paid-up capital of Rs 6.69 M.
The company has closed loans amounting to ₹4.36 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Midland Polymers Limited India are Praneeth Thota as CFO and Lakshmi Naraharisetty as Company Secretary. Jhansi Sanivarapu, Vanaja Veeramreddy, Shivashankar Gopavarapu, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
L62013TS1992PLC178971
- Company No.
007293
- Stock Symbol
BSE : 531597
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1992
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Midland Polymers?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vanaja Veeramreddy  | Managing Director | 06-Sep-2023 | Current |
| Praneeth Thota | CFO | 20-Mar-2024 | Current |
| Lakshmi Naraharisetty | Company Secretary | 21-Nov-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jhansi Sanivarapu | Director | 15-Sep-2023 | Current |
| Shivashankar Gopavarapu | Director | 15-Sep-2023 | Current |
| Praneeth Thota | Whole-Time Director | 15-Sep-2023 | Current |
| Priyanka Agarwal | Director | 15-Sep-2023 | Current |
Financial Performance of Midland Polymers.
Midland Polymers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 279.53% decrease in profit. The company's net worth dipped by a decrease of 1.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Midland Polymers?
In 2019, Midland Polymers had a promoter holding of 9.02% and a public holding of 90.97%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nexgile Technologies Private LimitedVanaja Veeramreddy is a mutual person
Bandaram Pharma Packtech LimitedPriyanka Agarwal is a mutual person
Cura Technologies LimitedPriyanka Agarwal is a mutual person
Jyothi Infraventures LimitedJhansi Sanivarapu, Shivashankar Gopavarapu and 1 more are mutual person
Soma Papers And Industries LimitedShivashankar Gopavarapu is a mutual person
Akhil Avenues Private LimitedJhansi Sanivarapu is a mutual person
Charges (Loans)
₹0
₹4.36 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.25 Cr
- Rajasthan State Industrial Development & Investment Cor. Ltd : 2.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 1996 | State Bank Of India | ₹2.25 Cr | Satisfied |
| 31 Jul 1995 | Rajasthan State Industrial Development & Investment Cor. Ltd | ₹3.50 M | Satisfied |
| 31 Jul 1995 | Rajasthan State Industrial Development & Investment Cor. Ltd | ₹3.50 M | Satisfied |
| 25 Jan 1995 | Rajasthan State Industrial Development & Investment Cor. Ltd | ₹1.41 Cr | Satisfied |
How Many Employees Work at Midland Polymers?
Unlock and access historical data on people associated with Midland 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 Midland 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 Midland 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.
