Midmac Developers Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 5.00 Cr
as on 15-11-2024
- Company Age 19 Year, 15 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 39.18 Cr
as on 15-11-2024
- Satisfied Charges ₹ 14.29 Cr
as on 15-11-2024
- Revenue -15.46%
(FY 2023)
- Profit 28.89%
(FY 2023)
- Ebitda 51.95%
(FY 2023)
- Net Worth 7.70%
(FY 2023)
- Total Assets 9.67%
(FY 2023)
About Midmac Developers
The Company is engaged in the Real Estate And Construction 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹39.18 Cr. The company has closed loans amounting to ₹14.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohammed Samsi, Tasneem Samsi, and Arbaz Samsi serve as directors at the Company.
- CIN/LLPIN
U70102KA2005PTC037883
- Company No.
037883
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Dec 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Midmac Developers Private Limited offer?
Midmac Developers Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Real Estate Services, Commercial Property, Residential Property Rentals, Architectural Designing Services, Residential Layout Service, Gardening Service, Garden Design, Residential Property, Architectural & Civil Engineering.
Who are the key members and board of directors at Midmac Developers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohammed Samsi  | Managing Director | 08-Dec-2005 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tasneem Samsi | Director | 08-Dec-2005 | Current |
| Arbaz Samsi | Director | 25-Sep-2021 | Current |
Financial Performance of Midmac Developers.
Midmac Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.46% decrease. The company also saw a substantial improvement in profitability, with a 28.89% increase in profit. The company's net worth moved up by a moderate rise of 7.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Midmac Developers?
In 2023, Midmac Developers 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)
Midmac Infrastructure Private LimitedActive 16 years 5 monthsMohammed Samsi, Tasneem Samsi and 1 more are mutual person
Midwest Infotech Private LimitedActive 24 years 4 monthsMohammed Samsi, Tasneem Samsi and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 15 Jul 2024 | ₹2.70 M | Open |
Others Creation Date: 16 Oct 2023 | ₹2.50 Cr | Open |
Hdfc Bank Limited Creation Date: 17 Mar 2023 | ₹9.17 M | Open |
How Many Employees Work at Midmac Developers?
Midmac Developers has a workforce of 12 employees as of Mar 22, 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 Midmac Developers, 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 Midmac Developers'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.
