Midway Textiles India Private Limited

Manufactures and trades cotton yarn and grey cloths.

2007 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Midway Textiles India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 16.93 Cr
  • Satisfied Charges ₹ 17.84 Cr
  • Revenue Growth %
  • Profit Growth -279.56%
  • Net Worth 89.71%
  • Total Assets -22.54%

About Midway Textiles India

Midway Textiles India Private Limited (MTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 April 2007 and has a history of 17 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 Cr.

The company currently has active open charges totaling ₹16.93 Cr. The company has closed loans amounting to ₹17.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subrayagounder Ravichandran and Rangasamy Manonmani serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    midway.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2007PTC013622

  • Company No.

    013622

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2007

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Subrayagounder Ravichandran Country flag representing In Director 11-Apr-2007Current
Rangasamy Manonmani Country flag representing In Director 16-Sep-2010Current

Financial Performance of Midway Textiles India.

Midway Textiles India Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 279.56% decrease in profit. The company's net worth Soared by an impressive increase of 89.71%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
-22.54%
Profit or Loss
-279.56%
Net Worth
89.71%
EBITDA

What is the Ownership and Shareholding Structure of Midway Textiles India?

In 2020, Midway Textiles India 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

₹16.93 Cr

Satisfied Charges

₹17.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.93 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2015Others₹16.93 CrOpen
20 Feb 2012Axis Bank Limited₹17.84 CrSatisfied

How Many Employees Work at Midway Textiles India?

Unlock and access historical data on people associated with Midway Textiles India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Midway Textiles India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Midway Textiles India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.

    31 Mar 2022

  • Charges

    A charge with Others of Rs. 16.93 Cr registered on 26 Aug 2015 with Charge ID 10597666 was modified on 19 Dec 2016.

    19 Dec 2016

  • Charges

    A charge with Others amounted to Rs. 16.93 Cr with Charge ID 10597666 was registered on 26 Aug 2015.

    26 Aug 2015

  • Charges

    A charge registered on 20 Feb 2012 via Charge ID 10339675 with Axis Bank Limited was fully satisfied on 30 Jun 2015.

    30 Jun 2015

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 17.84 Cr with Charge ID 10339675 was registered on 20 Feb 2012.

    20 Feb 2012

Frequently asked questions

  • Midway Textiles India Private Limited was incorporated on 11 Apr 2007.

  • The authorized share capital of Midway Textiles India Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 2 directors are associated with Midway Textiles India Private Limited.

    • Subrayagounder Ravichandran
    • Rangasamy Manonmani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midway Textiles India Private Limited is 518 V.S.S Garden, Sidco East Cross Kangayam Road India, Tirupur, Tamil Nadu, 641606.

  • The corporate identification number (CIN) of Midway Textiles India Private Limited is U17111TZ2007PTC013622 and the company number is 013622 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midway Textiles India Private Limited is https://www.midway.in

  • The financial reports for the fiscal year 2020 indicates that The net worth of Midway Textiles India Private Limited has experienced an upsurge of 89.71%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Midway Textiles India Private Limited amount to ₹ 16.93 Cr.

  • The most recent Balance Sheet for Midway Textiles India Private Limited was filed with the ROC on 31 Mar 2022.

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