Midwest Hire Purchase Limitd

Provides financial services such as loans, deposits, hire purchase, and leasing, as well as merchant banking and loan syndication.

1986 | Hyderabad, Telangana (India) | Active
Last Updated: December 22, 2024

Midwest Hire Purchase Limitd Profile

Key Indicators

  • Authorised Capital ₹ 2.05 Cr
  • Paid Up Capital ₹ 1.72 Cr
  • Company Age 38 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 7.00 M
  • Revenue Growth %
  • Profit Growth 53.07%
  • Ebitda 53.07%
  • Net Worth -0.10%
  • Total Assets -10.98%

About Midwest Hire Purchase Limitd

Midwest Hire Purchase Limitd (MHPL) is a Public Limited Indian Non-Government Company incorporated in India on 27 February 1986 and has a history of 38 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Mid-West Hire Purchase Finance Limited. The Company is engaged in the Financial Services 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 2.05 Cr and a paid-up capital of Rs 1.72 Cr.

The company currently has active open charges totaling ₹7.00 M.

Nageswara Pinnaa, Merugumala Kumar, and Loya Kumar 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

    U65921TG1986PLC006208

  • Company No.

    006208

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 1986

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Nageswara Pinnaa Country flag representing In Director 27-Feb-1986Current
Merugumala Kumar Country flag representing In Director 30-Dec-1992Current
Loya Kumar Country flag representing In Director 30-Jun-2017Current

Financial Performance of Midwest Hire Purchase Limitd.

Midwest Hire Purchase Limitd, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 53.07% increase in profit. The company's net worth dipped by a decrease of 0.1%.

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
-10.98%
Profit or Loss
53.07%
Net Worth
-0.10%
EBITDA
53.07%

What is the Ownership and Shareholding Structure of Midwest Hire Purchase Limitd?

In 2018, Midwest Hire Purchase Limitd 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

₹0.70 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Saurashtra : 0.25 Cr
  • Bank Of India : 0.25 Cr
  • The Karur Vysya Bank Ltd. : 0.10 Cr
  • Bank Of Madura Ltd. : 0.05 Cr
  • Bharat Overseas Bank Ltd. : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
19 Oct 1989Bank Of India₹2.50 MOpen
21 Sep 1989State Bank Of Saurashtra₹2.50 MOpen
02 Jan 1989Bharat Overseas Bank Ltd.₹0.50 MOpen
08 Sep 1988Bank Of Madura Ltd.₹0.50 MOpen
05 Jan 1987The Karur Vysya Bank Ltd.₹1.00 MOpen

How Many Employees Work at Midwest Hire Purchase Limitd?

Unlock and access historical data on people associated with Midwest Hire Purchase Limitd, 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 Midwest Hire Purchase Limitd, 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 Hire Purchase Limitd'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 Hire Purchase Limitd

Recent activity within the organization

  • Annual General Meeting

    Midwest Hire Purchase Limitd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Midwest Hire Purchase Limitd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

    31 Mar 2022

  • Director Appointment

    Loya Basava Kumar was appointed as a Director was appointed as a Director on 30 Jun 2017 & has been associated with this company since 7 years 7 months .

    30 Jun 2017

  • Director Appointment

    Merugumala Venkata Siva Kumar was appointed as a Director was appointed as a Director on 30 Dec 1992 & has been associated with this company since 32 years 1 month .

    30 Dec 1992

  • Charges

    A charge with Bank Of India amounted to Rs. 0.25 Cr with Charge ID 90135155 was registered on 19 Oct 1989.

    19 Oct 1989

  • Charges

    A charge with Bank Of Madura Ltd. of Rs. 0.05 Cr registered on 08 Sep 1988 with Charge ID 90135110 was modified on 03 Oct 1989.

    03 Oct 1989

Frequently asked questions

  • Midwest Hire Purchase Limitd was incorporated on 27 Feb 1986.

  • The authorized share capital of Midwest Hire Purchase Limitd is ₹ 2.05 Cr and paid-up capital is ₹ 1.72 Cr.

  • Currently 3 directors are associated with Midwest Hire Purchase Limitd.

    • Nageswara Rao Pinnaa
    • Merugumala Venkata Siva Kumar
    • Loya Basava Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midwest Hire Purchase Limitd is Plot No.8 Aurora Colony Road No.3, Banjara Hills India, Hyderabad, Telangana, 500034.

  • The corporate identification number (CIN) of Midwest Hire Purchase Limitd is U65921TG1986PLC006208 and the company number is 006208 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Midwest Hire Purchase Limitd has experienced an downturn of -0.10%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Midwest Hire Purchase Limitd amount to ₹ 7.00 M.

  • The most recent Balance Sheet for Midwest Hire Purchase Limitd was filed with the ROC on 31 Mar 2022.

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