Midas IT Solutions Private Limited
About Midas IT Solutions Private Limited
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Midas IT Solutions Private Limited is a private limited company based in Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 January 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2022PTC392656. Its GSTIN is 07AAPCM3801M1Z5 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mishra Archit and Kislaya Mishra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 26 S/F Kh No.167 – 168 Street No.02 New Modern Shahdara Nr Shashi Pub School, Delhi, India – 110032.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.5 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹64.7 Lakh and EBITDA of -₹60.97 Lakh.
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- Registered AddressA – 26 S/F Kh No.167 – 168 Street No.02 New Modern Shahdara Nr Shashi Pub School, Delhi, India – 110032
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Midas IT Solutions Private Limited
The main business activity of Midas IT Solutions is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Midas IT Solutions Private Limited FY 2025 filings available
Midas IT Solutions Private Limited reported revenue of ₹2.5 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Midas IT Solutions Private Limited
Revenue fell 99% in the latest year. EBITDA fell 563% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Midas IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹60.97 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹64.7 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Midas IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Midas IT Solutions are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Midas IT Solutions Private Limited
Midas IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Midas IT Solutions Private Limited this company | ₹2.5 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Delhi, India |
| Revdatum Private Limited | ₹2.5 Lakh (FY 2021) | •••• | •••• | -52.0% | •••• | Bangalore, Karnataka, India |
| Ranks Winner Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | 43.0% | •••• | Bangalore, Karnataka, India |
| Koreth Consulting Private Limited | ₹2.5 Lakh (FY 2019) | •••• | •••• | 56.0% | •••• | New Delhi, Delhi, India |
| Sod IT Services Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Ernakulam, Kerala, India |
| Elecsoft-Systems (OPC) Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Chirag Finlease Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Delhi, India |
| Satwin Estates and Properties Private Limited | ₹2.5 Lakh (FY 2022) | •••• | •••• | -81.0% | •••• | Mohali, Punjab, India |
| Ssska Inovation Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| KSG Software Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Delhi, India |
| Giftomania International Private Limited | ₹2.5 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Midas IT Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Midas IT Solutions Private Limited
Midas IT Solutions Private Limited is audited by NIKHILVERMA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKHILVERMA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Midas IT Solutions Private Limited
Midas IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mishra Archit | Director | 19 Jan 2022 | 4 Years 8 Months | Current |
| Kislaya Mishra | Director | 19 Jan 2022 | 4 Years 8 Months | Current |
Ownership and Shareholding of Midas IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Midas IT Solutions Private Limited
Midas IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Midas IT Solutions Private Limited
Midas IT Solutions Private Limited has a workforce of 0 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Midas IT Solutions Private Limited
Midas IT Solutions Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Kislaya Mishra was appointed as Director on 19 Jan 2022.
Credit Ratings, Litigation & Regulatory Alerts for Midas IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Midas IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Midas IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Midas IT Solutions Private Limited
Midas IT Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAPCM3801M1Z5 | Delhi | Active | 08 Mar 2022 |
| 09AAPCM3801M1Z1 | Uttar Pradesh | Active | 12 Jul 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Midas IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Midas IT Solutions Private Limited
Midas IT Solutions is an active private limited company based in Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 January 2022 (4+ years old) and is registered under CIN U72200DL2022PTC392656.
Midas IT Solutions reported revenue of ₹2.5 Lakh for FY 2025 (down 99% YoY).
Midas IT Solutions has 2 current directors:
- Mishra Archit - Director
- Kislaya Mishra - Director
Midas IT Solutions reported a net loss of ₹64.7 Lakh and EBITDA of -₹60.97 Lakh for FY 2025, as per its filed financial statements.
The GSTIN of Midas IT Solutions is 07AAPCM3801M1Z5, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAPCM3801M1Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Midas IT Solutions is U72200DL2022PTC392656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas IT Solutions was incorporated on 19 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Midas IT Solutions by revenue are Revdatum Private Limited, Ranks Winner Private Limited, Koreth Consulting Private Limited, Sod IT Services Private Limited, Elecsoft-Systems (OPC) Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Kislaya Mishra was appointed as Director on 19 Jan 2022. Mishra Archit was appointed as Director on 19 Jan 2022.
The registered office of Midas IT Solutions is at A – 26 SF Kh No.167 – 168 Street No.02 New Modern Shahdara Nr Shashi Pub School, Delhi, India – 110032.
Midas IT Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.