Midas Electronics Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Delhi, Delhi, India, established in 2010.
2010 Delhi, Delhi, India Active
Last Updated:
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About Midas Electronics Private Limited

Midas Electronics Private Limited, a active private limited company, was established on 11 March 2010 in Delhi, Delhi, India. Engaging in electronics manufacturing within the trade sector, it holds CIN: U31501DL2010PTC199929. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.93 M.

It upholds a compliant status. Employing 53 professional, Its leadership includes Ankit Agarwal (Director), Sanchit Agarwal (Director), Prateek Agarwal (Director). Past directors included Renu Agarwal, Ravi Agarwal. It holds ₹5.54 M open charges and ₹1.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 39G Pocket A-1 Mayur Vihar Ph-Iii, Delhi, Delhi, 110096.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U31501DL2010PTC199929

  • Registration Number

    199929

  • Incorporation Date

    11 March 2010

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.93 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.93 M
  • Company Age 15 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.54 M
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth **** -1.70%
  • Profit Growth **** 5.76%
  • Ebitda **** -45.25%
  • Net Worth 10.21%
  • Total Assets -12.19%
Company report

Midas Electronics Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Midas Electronics 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 Electronics Private Limited?
Current Directors
Name Designation Appointment Date Status
Ankit Agarwal Director 23 Mar 2015 Current
Sanchit Agarwal Director 11 Mar 2010 Current
Prateek Agarwal Director 23 Mar 2015 Current
Ravi Agarwal Additional Director 15 Jan 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 May 2019 Past
Pramod Abcsdd Director 13 May 2019 Past

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Financial Performance of Midas Electronics.

Midas Electronics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.7% decrease. The company also saw a slight improvement in profitability, with a 5.76% increase in profit. The company's net worth Soared by an impressive increase of 10.21%.

Midas Electronics revenue growth over time
Midas Electronics profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -1.70%
*******
*******
*******
*******
Revenue from Operations
*******
 -1.71%
*******
*******
*******
*******
Total Assets
*******
 -12.19%
*******
*******
*******
*******
Profit or Loss
*******
 5.76%
*******
*******
*******
*******
Net Worth
*******
 10.21%
*******
*******
*******
*******
EBITDA
*******
 -45.25%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Midas Electronics?

In 2023, Midas Electronics had a public holding of 81.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,543,800.00

Satisfied Charges

₹10,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 0.38 Cr
  • Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
Date Lender Amount Status
29 Nov 2023 Axis Bank Limited ₹3.76 M Open
22 Oct 2020 Hdfc Bank Limited ₹1.79 M Open
28 Oct 2013 Dena Bank ₹1.00 Cr Satisfied

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How Many Employees Work at Midas Electronics?

Midas Electronics has a workforce of 53 employees as of Apr 08, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Electronics, 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 Midas Electronics'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.

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Latest Updates, News, and FAQs on Midas Electronics
Recent Activity within the Organization
  • Annual General Meeting

    The activity Midas Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Midas Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100852153 was registered on 29 Nov 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100407258 was registered on 22 Oct 2020. was completed.

  • Director Appointment

    Progress on Ravi Agarwal was appointed as a Additional Director was appointed as a Additional Director on 15 Jan 2020 & has been associated with this company since 6 years 22 days . was documented.

  • Charges

    The activity A charge registered on 28 Oct 2013 via Charge ID 10502923 with Dena Bank was fully satisfied on 28 Feb 2019. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Midas Electronics Private Limited?

The CIN of Midas Electronics Private Limited is U31501DL2010PTC199929.

Where is Midas Electronics Private Limited headquartered?

Midas Electronics Private Limited is headquartered at 39G Pocket A-1 Mayur Vihar Ph-Iii, Delhi, Delhi, 110096.

When was Midas Electronics Private Limited incorporated?

Midas Electronics Private Limited was incorporated on 11 March 2010.

Who are the current directors of Midas Electronics Private Limited?

The current directors of Midas Electronics Private Limited are

What is the primary industry of Midas Electronics Private Limited?

The primary industry of Midas Electronics Private Limited is Trade.

Is Midas Electronics Private Limited a listed company?

Midas Electronics Private Limited is unlisted.

What is the capital structure of Midas Electronics Private Limited?

The authorized capital of Midas Electronics Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.93 M.

What is the compliance status of Midas Electronics Private Limited?

The compliance status of Midas Electronics Private Limited is Compliant.

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