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.
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)
| 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 LimitedMohammed Samsi, Tasneem Samsi and 1 more are mutual person
Midwest Infotech Private LimitedMohammed Samsi, Tasneem Samsi and 1 more are mutual person
Sidvin Core-Tech (India) Private LimitedMohammed Samsi is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2024 | Hdfc Bank Limited | ₹2.70 M | Open |
| 16 Oct 2023 | Others | ₹2.50 Cr | Open |
| 17 Mar 2023 | Hdfc Bank Limited | ₹9.17 M | Open |
| 15 Feb 2023 | Others | ₹3.04 M | Open |
| 17 Dec 2022 | Others | ₹5.00 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.
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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