Midwest Gold Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 3.27 Cr
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 51.22 Cr
- Satisfied Charges ₹ 17.70 Cr
- Revenue Growth 606.76%
- Profit Growth -493.24%
- Ebitda -272.82%
- Net Worth -85.64%
- Total Assets -43.94%
About Midwest Gold
Midwest Gold Limited (MGL) is a Public Limited Indian Non-Government Company incorporated in India on 20 November 1990 and has a history of 34 years and three months. Its registered office is in Hyderabad, Telangana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526570.
The Corporate was formerly known as Nova Granites (India) Limited. The Company is engaged in the Metals And Minerals 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 20.00 Cr and a paid-up capital of Rs 3.27 Cr.
The company currently has active open charges totaling ₹51.22 Cr. The company has closed loans amounting to ₹17.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Midwest Gold Limited India are Srinivasappa Reddy as CFO and Anant Patwari as Company Secretary. Satyanarayana Baladari, Deepak Kukreti, Rao Sasikanth, and Three other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L13200TG1990PLC163511
- Company No.
011396
- Stock Symbol
BSE : 526570
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Nov 1990
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Midwest Gold?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasappa Reddy  | CFO | 04-Jul-2014 | Current |
| Anant Patwari | Company Secretary | 04-Jan-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Kukreti  | Whole-Time Director | 15-Oct-2010 | Current |
| Satyanarayana Baladari | Whole-Time Director | 18-Oct-2008 | Current |
| Rao Sasikanth | Director | 23-May-2019 | Current |
Bhaskararao Gadipudi  | Director | 12-Feb-2022 | Current |
| Rajyalakshmi Ankireddy | Director | 27-Nov-2020 | Current |
| Kothamasu Pratap | Director | 14-Nov-2022 | Current |
Financial Performance of Midwest Gold.
Midwest Gold Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 606.76% increase. The company also saw a substantial fall in profitability, with a 493.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 85.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Midwest Gold?
In 2023, Midwest Gold had a promoter holding of 72.03% and a public holding of 27.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Orange Koi Private LimitedDeepak Kukreti is a mutual person
Silicon Energy Ventures Private LimitedDeepak Kukreti is a mutual person
Smw Granites LlpSatyanarayana Baladari is a mutual person
- S.C.R. Agro Tech Private Limited
Satyanarayana Baladari is a mutual person
- Sakhamuri Infratech Private Limited
Deepak Kukreti is a mutual person
Charges (Loans)
₹51.22 Cr
₹17.70 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 50.12 Cr
- Idbi Bank Ltd. : 0.60 Cr
- State Bank Of India : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2012 | Hdfc Bank Limited | ₹50.12 Cr | Open |
| 29 Mar 1998 | Idbi Bank Ltd. | ₹6.00 M | Open |
| 26 Mar 1993 | State Bank Of India | ₹5.00 M | Open |
| 26 Dec 2009 | Kotak Mahindra Bank Limited | ₹12.75 Cr | Satisfied |
| 14 Aug 2003 | Uti Bank Ltd | ₹4.95 Cr | Satisfied |
How Many Employees Work at Midwest Gold?
Unlock and access historical data on people associated with Midwest Gold, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Midwest Gold, 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 Midwest Gold'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
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