Ry Midas Alluminiums Private Limited

This company manufactures aluminum ingots from non-ferrous scrap for use in steel manufacturing.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Ry Midas Alluminiums Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 34.00 Cr
  • Revenue Growth -95.13%
  • Profit Growth 12.33%
  • Ebitda 21.95%
  • Net Worth -456.55%
  • Total Assets -25.56%

About Ry Midas Alluminiums

Ry Midas Alluminiums Private Limited (RMAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 October 2006 and has a history of 18 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Midas Alluminiums Private 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 7.00 Cr.

The company currently has active open charges totaling ₹34.00 Cr.

Jagdiishchandra Shah and Ashaben Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27203GJ2006PTC049228

  • Company No.

    049228

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Ry Midas Alluminiums Private Limited offer?

Ry Midas Alluminiums Private Limited offers a wide range of products and services, including Baking Tray, Pans and Bakeware, Baking Tools, Aluminum Sheets, Aluminum Circles.

Company report

Ry Midas Alluminiums Private Limited

Explore comprehensive data for Ry Midas Alluminiums Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ry Midas Alluminiums?

Executive Team (1)

NameDesignationAppointment DateStatus
Jagdiishchandra Shah Country flag representing In Managing Director13-Oct-2006Current

Board Members (1)

NameDesignationAppointment DateStatus
Ashaben Shah Country flag representing In Whole-Time Director 13-Oct-2006Current

Financial Performance of Ry Midas Alluminiums.

Ry Midas Alluminiums Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 95.13% decrease. The company also saw a substantial improvement in profitability, with a 12.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 456.55%.

Ry Midas Alluminiums revenue growth over time
Ry Midas Alluminiums 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
-95.13%
Revenue from Operations
-95.67%
Total Assets
-25.56%
Profit or Loss
12.33%
Net Worth
-456.55%
EBITDA
21.95%

What is the Ownership and Shareholding Structure of Ry Midas Alluminiums?

In 2021, Ry Midas Alluminiums had a promoter holding of 61.21% and a public holding of 38.79%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 34.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2018Canara Bank₹1.00 CrOpen
18 Nov 2009Canara Bank₹33.00 CrOpen

How Many Employees Work at Ry Midas Alluminiums?

Ry Midas Alluminiums has a workforce of 1 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.

Employee growth trends for Ry Midas Alluminiums Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ry Midas Alluminiums, 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 Ry Midas Alluminiums'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 Ry Midas Alluminiums

Recent activity within the organization

  • Annual General Meeting

    Ry Midas Alluminiums Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ry Midas Alluminiums Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Canara Bank of Rs. 33.00 Cr registered on 18 Nov 2009 with Charge ID 10231881 was modified on 04 Sep 2019.

  • Charges

    A charge with Canara Bank amounted to Rs. 1.00 Cr with Charge ID 100208747 was registered on 01 Aug 2018.

  • Charges

    A charge with Canara Bank amounted to Rs. 33.00 Cr with Charge ID 10231881 was registered on 18 Nov 2009.

  • Director Appointment

    Jagdiishchandra Baluramji Shah was appointed as a Managing Director was appointed as a Managing Director on 13 Oct 2006 & has been associated with this company since 18 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ry Midas Alluminiums Private Limited?

    Ry Midas Alluminiums Private Limited was incorporated on 13 Oct 2006.

  • What is authorized share capital and paid-up capital of Ry Midas Alluminiums Private Limited?

    The authorized share capital of Ry Midas Alluminiums Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 7.00 Cr.

  • Who are the current board members & directors of Ry Midas Alluminiums Private Limited?

    Currently 2 directors are associated with Ry Midas Alluminiums Private Limited.

    • Jagdiishchandra Baluramji Shah
    • Ashaben Jagdishchandra Shah
  • What is the registered address of Ry Midas Alluminiums Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ry Midas Alluminiums Private Limited is Plot No. 117 Tribhuvan Industrial Estate Kathwada-Singarva Road Kathwada, India, Ahmedabad, Gujarat, 382430.

  • What is the corporate identification number (CIN) and company number of Ry Midas Alluminiums Private Limited?

    The corporate identification number (CIN) of Ry Midas Alluminiums Private Limited is U27203GJ2006PTC049228 and the company number is 049228 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ry Midas Alluminiums Private Limited?

    The Official website of Ry Midas Alluminiums Private Limited is https://www.rymidasagro.com

  • What has been the recent revenue trend for Ry Midas Alluminiums Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Ry Midas Alluminiums Private Limited has fallen by -95.13%.

  • How many employees does Ry Midas Alluminiums Private Limited currently have?

    As Per 2021 financial reports, 1 employees are currently employed by Ry Midas Alluminiums Private Limited.

  • What change has been observed in the net worth of Ry Midas Alluminiums Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Ry Midas Alluminiums Private Limited has experienced an downturn of -456.55%.

  • What are the total open charges for Ry Midas Alluminiums Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Ry Midas Alluminiums Private Limited amount to ₹ 34.00 Cr.

  • When was the last Balance Sheet of Ry Midas Alluminiums Private Limited filed with the ROC?

    The most recent Balance Sheet for Ry Midas Alluminiums Private Limited was filed with the ROC on 31 Mar 2024.

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