MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0012780
Midas Aircon Solutions Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.37 Cr
▲ 8% YoY
Net profit · FY 2025
₹12.66 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹68.47 Lakh
EBITDA margin 3.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹4.91 Cr
Satisfied ₹5.29 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
21
Provident fund records
About Midas Aircon Solutions Private Limited
Data last updated:
Midas Aircon Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 23 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120DL2008PTC177107. Its GSTIN is 07AAFCM5370B1ZQ (Delhi). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sushil Dutt Sharma (Managing Director) and Renu Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor Dsidc Shed No. 65 New Okhla Industrial Complex Phase – I, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.37 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹12.66 Lakh (net margin 0.7%) and EBITDA of ₹68.47 Lakh (EBITDA margin 3.9%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.91 Cr and satisfied charges of ₹5.29 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Midas Aircon Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0012780). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midasaircon.com.
Company details
CIN U74120DL2008PTC177107
Registration Number 177107
Incorporation Date 23 April 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0012780
Key People
Sushil Dutt Sharma Managing Director Renu Sharma Whole-Time Director Shashank Sharma Director Recognitions & Rankings of Midas Aircon Solutions
Contact details
Midas Aircon Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is midasaircon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor Dsidc Shed No. 65 New Okhla Industrial Complex Phase – I, New Delhi, Delhi, India – 110020
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Midas Aircon Solutions Private Limited, buy the company report.
Comprehensive company report
Midas Aircon Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Financials of Midas Aircon Solutions Private Limited
FY 2025 filings availableMidas Aircon Solutions Private Limited reported revenue of ₹17.37 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹17.37 Cr ▲ 8%
Net profit · FY 2025
₹12.66 Lakh margin 0.7%
EBITDA · FY 2025
₹68.47 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 3%
5 years · compounded
▼ 15%
Revenue rose 8% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹68.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Midas Aircon Solutions Private Limited, buy the company report.
Board of directors of Midas Aircon Solutions Private Limited
Midas Aircon Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Sharma | Whole-Time Director | 23 Apr 2008 | 18 Years 6 Months | Current |
| Shashank Sharma | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Sushil Dutt Sharma | Managing Director | 23 Apr 2008 | 18 Years 6 Months | Current |
| Chetan Kumar | Director | 02 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Midas Aircon Solutions Private Limited is audited by Kumar Chopra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kumar Chopra & Associates | FY 2023 | 000131N |
Shareholding
The shareholding of Midas Aircon Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Midas Aircon Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.91 Cr
Satisfied charges
₹5.29 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2025 | 101185276 | Axis Bank Limited | ₹20 Lakh | Open | |
| 30 Apr 2022 | 100585569 | Hdfc Bank Limited | ₹23.08 Lakh | Open | |
| 21 Aug 2017 | 100131737 | Axis Bank Limited | ₹4.48 Cr | Open | |
| 15 Dec 2023 | 100836349 | Others | ₹50 Lakh | Satisfied | |
| 16 Nov 2018 | 100222829 | Axis Bank Limited | ₹1.18 Cr | Satisfied |
To see the full charge records of Midas Aircon Solutions Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Midas Aircon Solutions Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (TRAFFIC) | Filed against the company by State of Haryana | Disposed |
| District court, Bilaspur, Himachal Pradesh | Court case (Motor Vehc Act) | Filed against the company by State of HP | Disposed |
To see the full case history of Midas Aircon Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Midas Aircon Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 13 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| D.S. Ductofab Systems Private Limited | |||
| Rapid Cool |
To see the full MSME payment records of Midas Aircon Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Midas Aircon Solutions Private Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-16%
GST
Midas Aircon Solutions has 9 GST registrations: 4 active and 5 cancelled or inactive.
Total GSTINs
9
Active
4
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCM5370B1ZQ | Delhi | Active | 01 Jul 2017 |
| 06AAFCM5370B1ZS | Haryana | Active | 01 Jul 2017 |
| 08AAFCM5370B1ZO | Rajasthan | Active | 01 Jul 2017 |
| 09AAFCM5370B3ZK | Uttar Pradesh | Active | 16 Aug 2017 |
To see the full GST registrations and return filing status of Midas Aircon Solutions Private Limited, buy the company report.
Recent activity
Midas Aircon Solutions Private Limited has 8 board changes on record since 2008: 4 appointments and 4 cessations. The latest: Chetan Kumar ceased to be Additional Director on 29 Sep 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 101185276 was registered on 27 Oct 2025.
AGM
Midas Aircon Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Chetan Kumar ceased to be Additional Director.
Charges
A charge with Axis Bank Limited of Rs. 448.00 Lakh registered on 21 Aug 2017 with Charge ID 100131737 was modified on 23 Jul 2025.
Charges
A charge registered on 15 Dec 2023 via Charge ID 100836349 with Others was fully satisfied on 03 Jul 2025.
Filing
Midas Aircon Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Chetan Kumar was appointed as Director.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100836349 was registered on 15 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.08 Lakh with Charge ID 100585569 was registered on 30 Apr 2022.
Charges
A charge registered on 16 Nov 2018 via Charge ID 100222829 with Axis Bank Limited was fully satisfied on 30 Nov 2021.
Appointed
Shashank Sharma was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 117.74 Lakh with Charge ID 100222829 was registered on 16 Nov 2018.
18 earlier events are in the company report.
Frequently asked questions
Midas Aircon Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 23 April 2008 (18+ years old) and is registered under CIN U74120DL2008PTC177107.
Midas Aircon Solutions has 4 current directors:
- Sushil Dutt Sharma - Managing Director
- Renu Sharma - Whole-Time Director
- Shashank Sharma - Director
- Chetan Kumar - Director
The latest financial statements of Midas Aircon Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Midas Aircon Solutions is 07AAFCM5370B1ZQ, registered in Delhi. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 06AAFCM5370B1ZS (Haryana), 08AAFCM5370B1ZO (Rajasthan), 09AAFCM5370B3ZK (Uttar Pradesh).
The CIN (Corporate Identification Number) of Midas Aircon Solutions is U74120DL2008PTC177107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Aircon Solutions has 3 court cases on record: 3 filed against it.
Midas Aircon Solutions was incorporated on 23 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Chetan Kumar ceased to be Additional Director on 29 Sep 2025. Chetan Kumar was appointed as Director on 02 Jan 2025. Shashank Sharma was appointed as Director on 12 Feb 2020. Midas Aircon Solutions has 8 board changes on record in total.
Yes, Midas Aircon Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0012780).
Midas Aircon Solutions has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 13 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jun 2021.
Midas Aircon Solutions can be reached through the website midasaircon.com. Its registered office is in New Delhi, Delhi, India.