Midmac Developers Private Limited

Real estate development and infrastructure projects in Karnataka since 2005.

2005 | Dharwad, Karnataka (India) | Active
Last Updated:

Midmac Developers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.18 Cr
  • Satisfied Charges ₹ 14.29 Cr
  • Revenue Growth -15.46%
  • Profit Growth 28.89%
  • Ebitda 51.95%
  • Net Worth 7.70%
  • Total Assets 9.67%

About Midmac Developers

Midmac Developers Private Limited (MDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 December 2005 and has a history of 19 years and three months. Its registered office is in Dharwad, Karnataka, India.

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.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Real Estate and Construction

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.

Company report

Midmac Developers Private Limited

Explore comprehensive data for Midmac Developers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Midmac Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohammed Samsi Country flag representing In Managing Director08-Dec-2005Current

Board Members (2)

NameDesignationAppointment DateStatus
Tasneem Samsi Country flag representing In Director 08-Dec-2005Current
Arbaz Samsi Country flag representing In Director 25-Sep-2021Current

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%.

Midmac Developers revenue growth over time
Midmac Developers 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
-15.46%
Revenue from Operations
-15.46%
Total Assets
9.67%
Profit or Loss
28.89%
Net Worth
7.70%
EBITDA
51.95%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.18 Cr

Satisfied Charges

₹14.29 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 25.00 Cr
  • Housing And Urban Development Corporation Limited : 6.94 Cr
  • Others : 5.30 Cr
  • Hdfc Bank Limited : 1.94 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2024Hdfc Bank Limited₹2.70 MOpen
16 Oct 2023Others₹2.50 CrOpen
17 Mar 2023Hdfc Bank Limited₹9.17 MOpen
15 Feb 2023Others₹3.04 MOpen
17 Dec 2022Others₹5.00 MOpen

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.

Employee growth trends for Midmac Developers Private Limited

Deals i

Graph showing company valuation over time

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

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 Midmac Developers

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100976389 was registered on 15 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100829278 was registered on 16 Oct 2023.

  • Annual General Meeting

    Midmac Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Midmac Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.92 Cr with Charge ID 100748082 was registered on 17 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100696021 was registered on 15 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Midmac Developers Private Limited?

    Midmac Developers Private Limited was incorporated on 08 Dec 2005.

  • What is authorized share capital and paid-up capital of Midmac Developers Private Limited?

    The authorized share capital of Midmac Developers Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Midmac Developers Private Limited?

    Currently 3 directors are associated with Midmac Developers Private Limited.

    • Mohammed Ismail Samsi
    • Tasneem Ismail Samsi
    • Arbaz Samsi
  • What is the registered address of Midmac Developers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midmac Developers Private Limited is Cts No. 3552/2931 Ground Floor Shirur Park Vidyanagar U Nkal, India, Hubli, Karnataka, 580021.

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

    The corporate identification number (CIN) of Midmac Developers Private Limited is U70102KA2005PTC037883 and the company number is 037883 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Midmac Developers Private Limited?

    The Official website of Midmac Developers Private Limited is https://www.midmac.in

  • What has been the recent revenue trend for Midmac Developers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Midmac Developers Private Limited has fallen by -15.46%.

  • How many employees does Midmac Developers Private Limited currently have?

    As Per 2023 financial reports, 12 employees are currently employed by Midmac Developers Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Midmac Developers Private Limited has experienced an upsurge of 7.70%.

  • What are the total open charges for Midmac Developers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Midmac Developers Private Limited amount to ₹ 39.18 Cr.

  • When was the last Balance Sheet of Midmac Developers Private Limited filed with the ROC?

    The most recent Balance Sheet for Midmac Developers Private Limited was filed with the ROC on 31 Mar 2023.

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