Midas Communication Technologies Private Limited Company Logo

Midas Communication Technologies Private Limited - Company Profile

It is a telecom private limited company based in Chennai, Tamil Nadu, India, established in 1994.

1994 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Midas Communication Technologies Private Limited

Midas Communication Technologies Private Limited, a active private limited company, was established on 12 April 1994 in Chennai, Tamil Nadu, India. Engaging in telecom network support within the information and communication sector, it holds CIN: U30007TN1994PTC027281. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹97.09 Cr.

It upholds a active non-compliant status. Its leadership includes Rene Abraham (Director), Shirish Bhalchandra Purohit (Director). Past directors included Bhaskar Ramamurthi, Prasad Gopalan, Subramaniam Guhan. It holds ₹73.05 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at No. 1, Nesamani Street, Thanthai Periyar Nagar, Kaiveli, Pallikaranai,, Chennai, Tamil Nadu, 600100.

Company Details

  • CIN/LLPIN

    U30007TN1994PTC027281

  • Registration Number

    027281

  • Incorporation Date

    12 April 1994

  • Authorized Capital

    ₹100.00 Cr

  • Paid-Up Capital

    ₹97.09 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 97.09 Cr
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 73.05 Cr
  • Revenue Growth %
  • Profit Growth -34.51%
  • Ebitda -24.01%
  • Net Worth -0.09%
  • Total Assets -1.35%
Company report

Midas Communication Technologies Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Midas Communication Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Midas Communication Technologies Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Rene AbrahamDirector12 Apr 1994Current
Shirish Bhalchandra PurohitDirector12 Apr 1994Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 May 2007Past
Pramod AbcsddNominee Director01 Jun 2009Past
Pramod AbcsddDirector29 May 2007Past
Pramod AbcsddDirector01 Jun 2009Past
Pramod AbcsddDirector24 Jul 2007Past
Pramod AbcsddDirector07 Aug 2009Past

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Financial Performance of Midas Communication Technologies.

Midas Communication Technologies Private Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 34.51% decrease in profit. The company's net worth dipped by a decrease of 0.09%.

Midas Communication Technologies revenue growth over time
Midas Communication Technologies 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
-1.35%
Profit or Loss
-34.51%
Net Worth
-0.09%
EBITDA
-24.01%

What is the Ownership and Shareholding Structure of Midas Communication Technologies?

In 2016, Midas Communication Technologies had a promoter holding of 27.31% and a public holding of 72.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹730,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Asset Reconstruction Company (India) Limited : 28.75 Cr
  • Uti Bank Limited : 27.50 Cr
  • State Bank Of Bikaner And Jaipur : 10.00 Cr
  • Axis Bank Limited : 4.75 Cr
  • Citibank N.A. : 2.05 Cr

Latest Charge Details

DateLenderAmountStatus
19 Nov 2007Axis Bank Limited₹4.75 CrOpen
21 Feb 2007Uti Bank Limited₹8.50 CrOpen
15 Dec 2006Uti Bank Limited₹4.00 CrOpen
11 Feb 2006State Bank Of Bikaner And Jaipur₹10.00 CrOpen
28 Feb 2005Uti Bank Limited₹15.00 CrOpen

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How Many Employees Work at Midas Communication Technologies?

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Employee growth trends for Midas Communication Technologies Private Limited

Deals i

Graph showing company valuation over time

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Rating

Graph displaying rating trends over time

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Alerts

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Latest Updates, News, and FAQs on Midas Communication Technologies

Recent Activity within the Organization

  • Annual General Meeting

    Midas Communication Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Midas Communication Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai. was documented.

  • Charges

    A charge with Asset Reconstruction Company (India) Limited of Rs. 10.00 Cr registered on 28 Feb 2005 with Charge ID 90295147 was modified on 28 Mar 2014. was recorded as a recent event.

  • Charges

    A charge with Asset Reconstruction Company (India) Limited of Rs. 14.25 Cr registered on 09 May 2002 with Charge ID 90287727 was modified on 28 Mar 2014. was recorded as a recent event.

  • Charges

    A charge with Asset Reconstruction Company (India) Limited of Rs. 4.50 Cr registered on 09 May 2002 with Charge ID 90294887 was modified on 28 Mar 2014. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 4.75 Cr with Charge ID 10082758 was registered on 19 Nov 2007. was documented.

Frequently Asked Questions

  • What is the CIN of Midas Communication Technologies Private Limited?

    The CIN of Midas Communication Technologies Private Limited is U30007TN1994PTC027281.

  • Where is Midas Communication Technologies Private Limited headquartered?

    Midas Communication Technologies Private Limited is headquartered at No. 1, Nesamani Street, Thanthai Periyar Nagar, Kaiveli, Pallikaranai,, Chennai, Tamil Nadu, 600100.

  • When was Midas Communication Technologies Private Limited incorporated?

    Midas Communication Technologies Private Limited was incorporated on 12 April 1994.

  • Who are the current directors of Midas Communication Technologies Private Limited?

    The current directors of Midas Communication Technologies Private Limited are

  • What is the primary industry of Midas Communication Technologies Private Limited?

    The primary industry of Midas Communication Technologies Private Limited is Information And Communication.

  • Is Midas Communication Technologies Private Limited a listed company?

    Midas Communication Technologies Private Limited is unlisted.

  • What is the capital structure of Midas Communication Technologies Private Limited?

    The authorized capital of Midas Communication Technologies Private Limited is ₹100.00 Cr, and the paid-up capital is ₹97.09 Cr.

  • What is the compliance status of Midas Communication Technologies Private Limited?

    The compliance status of Midas Communication Technologies Private Limited is Active Non-Compliant.

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