Midas Granites Private Limited - Company Profile

It is a metals and minerals private limited company based in Mysore, Karnataka, India, established in 1993.
1993 Mysore, Karnataka, India Converted to LLP
Last Updated:
Access Report
About Midas Granites Private Limited

Midas Granites Private Limited, a converted to llp private limited company, was established on 02 September 1993 in Mysore, Karnataka, India. Engaging in mining & mineral extraction within the mining and quarrying sector, it holds CIN: U85110KA1993PTC014704. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.52 M.

It upholds a compliant status. Past directors included Manjunath Mysore Cheluve Urs, Anupama Urs. It holds no open charges and ₹0.91 M settled loans. Its latest AGM occurred on 31 July 2021, with the balance sheet filed on 31 March 2021. It is based at No.875 Ch 26 Mohan Sadhan Apartment, Apt G1 Vani Vilas Road Lakshmipuram, Mysore, Karnataka, 570004.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U85110KA1993PTC014704

  • Registration Number

    014704

  • Incorporation Date

    02 September 1993

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.52 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Converted to LLP

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.52 M
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 0.91 M
  • Revenue Growth **** -0.24%
  • Profit Growth **** 198.92%
  • Ebitda **** 51.13%
  • Net Worth 6.86%
  • Total Assets **** 3.15%
Company report

Midas Granites Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report
Who are the key members and board of directors at Midas Granites Private Limited?
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 22 Nov 2021 Past
Pramod Abcsdd Director 22 Nov 2021 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Midas Granites.

Midas Granites Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 0.24% decrease. The company also saw a substantial improvement in profitability, with a 198.92% increase in profit. The company's net worth moved up by a moderate rise of 6.86%.

Midas Granites revenue growth over time
Midas Granites 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
********
 -0.24%
*******
*******
*******
*******
Revenue from Operations
*******
 -30.42%
*******
*******
*******
*******
Total Assets
*******
 3.15%
*******
*******
*******
*******
Profit or Loss
*******
 198.92%
*******
*******
*******
*******
Net Worth
*******
 6.86%
*******
*******
*******
*******
EBITDA
*******
 51.13%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Midas Granites?

In 2021, Midas Granites had a promoter holding of 100.00%. 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹910,000.00

Charges Breakdown by Lending Institutions
  • Vijaya Bank : 0.09 Cr
Latest Charge Details
Date Lender Amount Status
16 Aug 1996 Vijaya Bank ₹0.30 M Satisfied
20 Apr 1996 Vijaya Bank ₹0.61 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Midas Granites?

Unlock and access historical data on people associated with Midas Granites, 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 Granites, 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 Granites'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.

Explore deal ratings and alerts - Get instant access now!

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

    The activity Midas Granites Private Limited last Annual general meeting of members was held on 31 Jul 2021 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Midas Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge registered on 16 Aug 1996 via Charge ID 90198913 with Vijaya Bank was fully satisfied on 02 Jul 2020. was documented.

  • Charges

    Progress on A charge registered on 20 Apr 1996 via Charge ID 90197019 with Vijaya Bank was fully satisfied on 02 Jul 2020. was documented.

  • Charges

    The activity A charge with Vijaya Bank amounted to Rs. 0.30 M with Charge ID 90198913 was registered on 16 Aug 1996. was completed.

  • Charges

    The activity A charge with Vijaya Bank amounted to Rs. 0.61 M with Charge ID 90197019 was registered on 20 Apr 1996. was completed.

Explore recent activity and updates - View Recent Activity

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

The CIN of Midas Granites Private Limited is U85110KA1993PTC014704.

Where is Midas Granites Private Limited headquartered?

Midas Granites Private Limited is headquartered at No.875 Ch 26 Mohan Sadhan Apartment, Apt G1 Vani Vilas Road Lakshmipuram, Mysore, Karnataka, 570004.

When was Midas Granites Private Limited incorporated?

Midas Granites Private Limited was incorporated on 02 September 1993.

What is the primary industry of Midas Granites Private Limited?

The primary industry of Midas Granites Private Limited is Mining And Quarrying.

Is Midas Granites Private Limited a listed company?

Midas Granites Private Limited is unlisted.

What is the capital structure of Midas Granites Private Limited?

The authorized capital of Midas Granites Private Limited is ₹1.00 M, and the paid-up capital is ₹0.52 M.

What is the compliance status of Midas Granites Private Limited?

The compliance status of Midas Granites Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available