Midway Motors Private Limited

Trading and booking services for Mahindra cars, established in 2015 in Orissa.

2015 | Cuttack, Odisha (India) | Active
Last Updated:

Midway Motors Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.65 Cr
  • Satisfied Charges ₹ 9.45 Cr
  • Revenue Growth -26.65%
  • Profit Growth -136.01%
  • Ebitda -23.67%
  • Net Worth -19.56%
  • Total Assets -7.93%

About Midway Motors

Midway Motors Private Limited (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 July 2015 (Nine years and ten months 23 days old ). Its registered office is in Cuttack, Odisha, India.

The Company is engaged in the Automotive 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹13.65 Cr. The company has closed loans amounting to ₹9.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Swati Swain and Sunil Swain serve as directors at the Company.

Company Details

  • Location

    Cuttack, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50100OR2015PTC019137

  • Company No.

    019137

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Automotive
Company report

Midway Motors Private Limited

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

Who are the key members and board of directors at Midway Motors?

Board Members (2)

NameDesignationAppointment DateStatus
Swati Swain Country flag representing In Director 27-May-2019Current
Sunil Swain Country flag representing In Director 01-Jan-2016Current

Financial Performance of Midway Motors.

Midway Motors Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.65% decrease. The company also saw a substantial fall in profitability, with a 136.01% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.56%.

Midway Motors revenue growth over time
Midway Motors 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
-26.65%
Revenue from Operations
-26.39%
Total Assets
-7.93%
Profit or Loss
-136.01%
Net Worth
-19.56%
EBITDA
-23.67%

What is the Ownership and Shareholding Structure of Midway Motors?

In 2023, Midway Motors 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

₹13.65 Cr

Satisfied Charges

₹9.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.65 Cr

Latest Charge Details

DateLenderAmountStatus
02 Aug 2022Others₹3.15 CrOpen
18 Mar 2019Others₹10.50 CrOpen
23 Sep 2016Others₹9.45 CrSatisfied

How Many Employees Work at Midway Motors?

Midway Motors has a workforce of 36 employees as of Mar 31, 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 Midway Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midway Motors, 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 Midway Motors'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 Midway Motors

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Midway Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Charges

    A charge with Others amounted to Rs. 3.15 Cr with Charge ID 100634155 was registered on 02 Aug 2022.

  • Charges

    A charge registered on 23 Sep 2016 via Charge ID 100055819 with Others was fully satisfied on 27 Apr 2020.

  • Director Appointment

    Swati Swain was appointed as a Director was appointed as a Director on 27 May 2019 & has been associated with this company since 5 years 11 months .

  • Charges

    A charge with Others amounted to Rs. 10.50 Cr with Charge ID 100251770 was registered on 18 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Midway Motors Private Limited?

    Midway Motors Private Limited was incorporated on 02 Jul 2015.

  • What is authorized share capital and paid-up capital of Midway Motors Private Limited?

    The authorized share capital of Midway Motors Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Who are the current board members & directors of Midway Motors Private Limited?

    Currently 2 directors are associated with Midway Motors Private Limited.

    • Swati Swain
    • Sunil Kumar Swain

  • What is the registered address of Midway Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midway Motors Private Limited is Plot No 554, Nuapada Chhak Madhupatana India, Cuttack, Orissa, 753010.

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

    The corporate identification number (CIN) of Midway Motors Private Limited is U50100OR2015PTC019137 and the company number is 019137 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Midway Motors Private Limited?

    The Official website of Midway Motors Private Limited is https://www.midwaymotors.in

  • What has been the recent revenue trend for Midway Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Midway Motors Private Limited has fallen by -26.65%.

  • How many employees does Midway Motors Private Limited currently have?

    As Per 2023 financial reports, 36 employees are currently employed by Midway Motors Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Midway Motors Private Limited has experienced an downturn of -19.56%.

  • What are the total open charges for Midway Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Midway Motors Private Limited amount to ₹ 13.65 Cr.

  • When was the last Balance Sheet of Midway Motors Private Limited filed with the ROC?

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Auto Dealership & Trading