Midwest Private Limited

Natural stone exploration, mining, processing, and export with registered office in Hyderabad, Telangana.

1981 | Hyderabad, Telangana (India) | Active
Last Updated: July 18, 2024

Midwest Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 16.91 Cr
  • Company Age 43 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 254.96 Cr
  • Satisfied Charges ₹ 187.68 Cr
  • Revenue Growth -3.25%
  • Profit Growth -11.19%
  • Ebitda -18.42%
  • Net Worth 15.11%
  • Total Assets 4.61%

About Midwest

Midwest Private Limited (MPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 1981 and has a history of 43 years and two months. Its registered office is in Hyderabad, Telangana, India.

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 25.00 Cr and a paid-up capital of Rs 16.91 Cr.

The company currently has active open charges totaling ₹254.96 Cr. The company has closed loans amounting to ₹187.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Midwest Private Limited India is Rohit Tibrewal as COMPANY SECRETARY. Kollareddy Ramachandra, Ravindra Guntaka, Kukreti Soumya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    midwestgranite.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14102TG1981PTC003317

  • Company No.

    003317

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

Who are the key members and board of directors at Midwest?

Executive Team (1)

Name Designation Appointment Date Status
Rohit Tibrewal Country flag representing In Company Secretary 16-Feb-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Kukreti Soumya Country flag representing In Director 01-Apr-2004 Current
Kollareddy Ramachandra Country flag representing In Director 01-Apr-2004 Current
Ravindra Guntaka Country flag representing In Director 15-Dec-2004 Current
Kollareddy Priyadarshini Country flag representing In Director 01-Dec-2022 Current
Ranganayakamma Kollareddy Country flag representing In Director 14-Jun-2012 Current

Financial Performance of Midwest.

Midwest Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.25% decrease. The company also saw a substantial fall in profitability, with a 11.19% decrease in profit. The company's net worth Soared by an impressive increase of 15.11%.

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
-3.25%
Revenue from Operations
-6.31%
Total Assets
4.61%
Profit or Loss
-11.19%
Net Worth
15.11%
EBITDA
-18.42%

What is the Ownership and Shareholding Structure of Midwest?

In 2023, Midwest had a promoter holding of 100.00%. The company had 10 Subsidiaries and 3 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹254.96 Cr

Satisfied Charges

₹187.68 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 102.44 Cr
  • Others : 91.00 Cr
  • Axis Bank Limited : 21.70 Cr
  • Yes Bank Limited : 17.30 Cr
  • Tata Capital Financial Services Limited : 8.27 Cr
  • Others : 14.25 Cr

Latest Charge Details

Date Lender Amount Status
29 Feb 2024 Hdfc Bank Limited ₹5.00 Cr Open
26 Feb 2024 Yes Bank Limited ₹3.00 Cr Open
20 Nov 2023 Others ₹2.90 Cr Open
02 Nov 2023 Others ₹1.74 M Open
29 Jun 2023 Yes Bank Limited ₹1.57 Cr Open

How Many Employees Work at Midwest?

Midwest has a workforce of 324 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 18 Nov 2020 via Charge ID 100392981 with Axis Bank Limited was fully satisfied on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100878815 was registered on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100871725 was registered on 26 Feb 2024.

    26 Feb 2024

  • Director Appointment

    Rohit Tibrewal was appointed as a Company Secretary was appointed as a Company Secretary on 16 Feb 2024 & has been associated with this company since 11 months 28 days .

    16 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 2.90 Cr with Charge ID 100824478 was registered on 20 Nov 2023.

    20 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100832525 was registered on 02 Nov 2023.

    02 Nov 2023

Frequently asked questions

  • Midwest Private Limited was incorporated on 11 Dec 1981.

  • The authorized share capital of Midwest Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 16.91 Cr.

  • Currently 6 directors are associated with Midwest Private Limited.

    • Kollareddy Ramachandra
    • Ravindra Reddy Guntaka
    • Kukreti Soumya
    • Kollareddy Uma Priyadarshini
    • Rohit Tibrewal
    • Ranganayakamma Kollareddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midwest Private Limited is 8-2-684/3/25 & 26 Road No.12 Banjara Hills, Hyderabad, Telangana, India, 500032.

  • The corporate identification number (CIN) of Midwest Private Limited is U14102TG1981PTC003317 and the company number is 003317 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midwest Private Limited is https://www.midwestgranite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Midwest Private Limited has fallen by -3.25%.

  • As Per 2023 financial reports, 324 employees are currently employed by Midwest Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Midwest Private Limited has experienced an upsurge of 15.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Midwest Private Limited amount to ₹ 254.96 Cr.

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

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