Midas Flexipacks Private Limited - Company Profile

It is a financial services private limited company based in Ahmedabad, Gujarat, India, established in 1997.
1997 Ahmedabad, Gujarat, India Active
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About Midas Flexipacks Private Limited

Midas Flexipacks Private Limited, a active private limited company, was established on 20 February 1997 in Ahmedabad, Gujarat, India. Engaging in financial activities within the financial services sector, it holds CIN: U25200GJ1997PTC031767. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.93 M.

It upholds a compliant status. Its leadership includes Hiteshbhai Rathod (Director), Devang Mahendrabhai Shah (Director). Past directors included Vijaykumar Ganpatrav Tebhukar, Sushila Vijaykumar Tebhukar, Paresh Madhusudan Joshi. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 107, Anjani Complex Opp. Russian Flats Choice Gali Dr. Wadi Bunglows Navrangpur, A, Ahmedabad, Gujarat, 380009.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U25200GJ1997PTC031767

  • Registration Number

    031767

  • Incorporation Date

    20 February 1997

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.93 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.93 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -82.23%
  • Profit Growth **** 96.32%
  • Ebitda **** 101.81%
  • Net Worth -0.07%
  • Total Assets -5.98%
Company report

Midas Flexipacks Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Midas Flexipacks 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 Flexipacks Private Limited?
Current Directors
Name Designation Appointment Date Status
Hiteshbhai Rathod Director 02 Dec 2024 Current
Devang Mahendrabhai Shah Director 02 Dec 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 May 2019 Past
Pramod Abcsdd Director 18 Jul 2017 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 30 May 2012 Past
Pramod Abcsdd Director 30 May 2012 Past
Pramod Abcsdd Director 27 Jan 2009 Past

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Financial Performance of Midas Flexipacks.

Midas Flexipacks Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 82.23% decrease. The company also saw a substantial improvement in profitability, with a 96.32% increase in profit. The company's net worth dipped by a decrease of 0.07%.

Midas Flexipacks revenue growth over time
Midas Flexipacks 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
********
 -82.23%
*******
*******
*******
*******
Revenue from Operations
*******
 -82.23%
*******
*******
*******
*******
Total Assets
*******
 -5.98%
*******
*******
*******
*******
Profit or Loss
*******
 96.32%
*******
*******
*******
*******
Net Worth
*******
 -0.07%
*******
*******
*******
*******
EBITDA
*******
 101.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Midas Flexipacks?

In 2016, Midas Flexipacks had a promoter holding of 68.03% and a public holding of 31.97%. 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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How Many Employees Work at Midas Flexipacks?

Unlock and access historical data on people associated with Midas Flexipacks, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Flexipacks, 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 Flexipacks's trajectory.

Rating
Graph displaying rating trends over time

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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 Flexipacks
Recent Activity within the Organization
  • Director Appointment

    The activity Hiteshbhai Rathod was appointed as a Director was appointed as a Director on 02 Dec 2024 & has been associated with this company since 1 year 2 months . was completed.

  • Director Appointment

    Devang Mahendrabhai Shah was appointed as a Director was appointed as a Director on 02 Dec 2024 & has been associated with this company since 1 year 2 months . was recorded as a recent event.

  • Annual General Meeting

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

  • Balance Sheet

    Progress on Midas Flexipacks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Company Incorporation

    Progress on Midas Flexipacks Private Limited was registered on 20 Feb 1997 with Roc Ahmedabad & aged 28 years 11 months as per MCA records. was documented.

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

The CIN of Midas Flexipacks Private Limited is U25200GJ1997PTC031767.

Where is Midas Flexipacks Private Limited headquartered?

Midas Flexipacks Private Limited is headquartered at 107, Anjani Complex Opp. Russian Flats Choice Gali Dr. Wadi Bunglows Navrangpur, A, Ahmedabad, Gujarat, 380009.

When was Midas Flexipacks Private Limited incorporated?

Midas Flexipacks Private Limited was incorporated on 20 February 1997.

Who are the current directors of Midas Flexipacks Private Limited?

The current directors of Midas Flexipacks Private Limited are

What is the primary industry of Midas Flexipacks Private Limited?

The primary industry of Midas Flexipacks Private Limited is Financial Services.

Is Midas Flexipacks Private Limited a listed company?

Midas Flexipacks Private Limited is unlisted.

What is the capital structure of Midas Flexipacks Private Limited?

The authorized capital of Midas Flexipacks Private Limited is ₹1.00 M, and the paid-up capital is ₹0.93 M.

What is the compliance status of Midas Flexipacks Private Limited?

The compliance status of Midas Flexipacks Private Limited is Compliant.

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