Midas Granites Private Limited
About Midas Granites Private Limited
Data last updated:
Midas Granites Private Limited was a private limited company based in Mysore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 02 September 1993.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1993PTC014704.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.22 Lakh.
Its last annual general meeting (AGM) was held on 31 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.875 Ch 26 Mohan Sadhan Apartment Apt G1 Vani Vilas Road Lakshmipuram, Mysore, Karnataka, India – 570004.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.66 Lakh. For the same year it recorded a net profit of ₹33,931 (net margin 20.4%) and EBITDA of ₹70,997 (EBITDA margin 42.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over five years.
As per MCA filings, the company has satisfied charges of ₹9.1 Lakh on record.
Company details
CIN history
Midas Granites has one previous CIN (Corporate Identification Number): U14293KA1993PTC014704. The current CIN is U85110KA1993PTC014704, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1993PTC014704 | Current |
| U14293KA1993PTC014704 | Previous |
Contact details
Midas Granites Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.875 Ch 26 Mohan Sadhan Apartment Apt G1 Vani Vilas Road Lakshmipuram, Mysore, Karnataka, India – 570004
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Midas Granites Private Limited, buy the company report.
- 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
Business activity
The main business activity of Midas Granites is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Midas Granites Private Limited, buy the company report.
Financials of Midas Granites Private Limited
FY 2021 filings availableMidas Granites Private Limited reported revenue of ₹1.66 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years. EBITDA rose 473% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.66 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70,997 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33,931 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.8% | ||||
| Net Profit Margin | 20.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Midas Granites Private Limited, buy the company report.
Board of directors of Midas Granites Private Limited
Midas Granites has 2 former directors on record and no current directors listed.
Auditor
Midas Granites Private Limited is audited by A N K H & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N K H & ASSOCIATES | FY 2021 | 015330S |
Shareholding
The shareholding of Midas Granites Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Midas Granites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 1996 | 90198913 | Vijaya Bank | ₹3 Lakh | Satisfied | |
| 20 Apr 1996 | 90197019 | Vijaya Bank | ₹6.1 Lakh | Satisfied |
To see the full charge records of Midas Granites Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Midas Granites Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midas Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Midas Granites Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Midas Granites Private Limited has 2 board changes on record since 2021: 0 appointments and 2 cessations. The latest: Anupama Urs ceased to be Director on 22 Nov 2021.
Frequently asked questions
Midas Granites has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Midas Granites was a private limited company based in Mysore, Karnataka, India. The company worked in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 02 September 1993 and is registered under CIN U85110KA1993PTC014704. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Midas Granites is U85110KA1993PTC014704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Granites was incorporated on 02 September 1993. It is registered with the Registrar of Companies, Bangalore.
The registered office of Midas Granites is at No.875 Ch 26 Mohan Sadhan Apartment Apt G1 Vani Vilas Road Lakshmipuram, Mysore, Karnataka, India – 570004.
The latest financial statements of Midas Granites on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 July 2021. Year-wise statements from 2015 are in the company report.
Midas Granites operated in the metals and minerals industry, in the mining and mineral extraction segment.
Anupama Urs ceased to be Director on 22 Nov 2021. Manjunath Mysore Cheluve Urs ceased to be Managing Director on 22 Nov 2021.
Midas Granites has no open charges and satisfied charges of ₹9.1 Lakh as per latest MCA filings.
The compliance status of Midas Granites is compliant as of 08 September 2026.