Midas Mining Private Limited
About Midas Mining Private Limited
Data last updated:
Midas Mining Private Limited was a private limited company based in Mehaboob Nagar, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the other mining and quarrying segment of the mining sector. It was incorporated on 01 December 2010.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U14200TG2010PTC071482.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.5 Lakh. It was led by directors Ashok Hasthimul and Padam Chordia Hasthimull.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Sy No 454 Kodukutla Village Wanaparthy Mandal (Near Kothakota), Mehaboob Nagar, Telangana, India – 509381.
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- Registered AddressSy No 454 Kodukutla Village Wanaparthy Mandal (Near Kothakota), Mehaboob Nagar, Telangana, India – 509381
- IndustryMining, Other Mining & Quarrying
- 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 Mining Private Limited
The main business activity of Midas Mining is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying 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 Mining Private Limited FY 2018 filings available
Midas Mining Private Limited reported revenue of ₹6,627 for FY 2018.
Financial Statement Summary of Midas Mining Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• |
| 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 Mining Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 Mining are in the company report.
Financial statements from 2015
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 Mining Private Limited
Midas Mining Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Mining). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 3M Mining Services Private Limited | •••• | •••• | •••• | •••• | - | Raniganj, West Bengal, India |
| Jagannath Universal Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Aramco Greens Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Aryadeep Mining Suppliers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ram Infra Mines Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Midas Mining Private Limited this company | •••• | •••• | •••• | •••• | - | Mehaboob Nagar, Telangana, India |
| Shaping Dream Projects Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Punnad Granites Private Limited | •••• | •••• | •••• | •••• | - | Kannur, Kerala, India |
| Blue Sky Mining Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Padmavat Minerals and Mining Private Limited | •••• | •••• | •••• | •••• | - | Burdwan, West Bengal, India |
| Koira Steels Private Limited | •••• | •••• | •••• | •••• | - | Rourkela, Orissa, India |
Peers are the five companies nearest above and the five nearest below Midas Mining by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Midas Mining Private Limited
Midas Mining Private Limited is audited by PMCHORDIA& CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PMCHORDIA& CO. | 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 Mining Private Limited
Midas Mining has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Hasthimul Also directs: Midas Fabri-Com Technologies Private Limited | Director | 01 Dec 2010 | 15 Years 10 Months | As last reported |
| Padam Chordia Hasthimull Also directs: Midas Fabri-Com Technologies Private Limited | Director | 01 Dec 2010 | 15 Years 10 Months | As last reported |
Ownership and Shareholding of Midas Mining 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 Mining Private Limited
Midas Mining Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Midas Mining Private Limited
Employment history and EPFO contributions of people linked to Midas Mining.
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.
CIN History of Midas Mining Private Limited
Midas Mining has one previous CIN (Corporate Identification Number): U14200AP2010PTC071482. The current CIN is U14200TG2010PTC071482, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14200TG2010PTC071482 | Current |
| U14200AP2010PTC071482 | Previous |
Recent Activity on Midas Mining Private Limited
Midas Mining Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Ashok Hasthimul was appointed as Director on 01 Dec 2010.
Credit Ratings, Litigation & Regulatory Alerts for Midas Mining 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 Mining 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 Mining 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 Mining Private Limited
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 Mining 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 Mining Private Limited
Midas Mining has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Midas Mining was a private limited company based in Mehaboob Nagar, Telangana, India. The company worked in other mining and quarrying, within the mining industry. It was incorporated on 01 December 2010 and is registered under CIN U14200TG2010PTC071482. The company has been struck off by the Registrar of Companies and is no longer operational.
Midas Mining had 2 directors:
- Ashok Hasthimul - Director
- Padam Chordia Hasthimull - Director
The CIN (Corporate Identification Number) of Midas Mining is U14200TG2010PTC071482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Midas Mining is at Sy No 454 Kodukutla Village Wanaparthy Mandal Near Kothakota, Mehaboob Nagar, Telangana, India – 509381.
Midas Mining was incorporated on 01 December 2010. It is registered with the Registrar of Companies, Hyderabad.
Midas Mining has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.5 Lakh.
Midas Mining operated in the mining industry, in the other mining and quarrying segment. It worked in this industry before it was struck off.
No. Midas Mining is not listed on any stock exchange. It is an unlisted company.
The peers of Midas Mining by revenue are 3M Mining Services Private Limited, Jagannath Universal Private Limited, Aramco Greens Private Limited, Aryadeep Mining Suppliers Private Limited, Ram Infra Mines Limited and 5 more, all in the Metals and Minerals industry (Mining).
Ashok Hasthimul was appointed as Director on 01 Dec 2010. Padam Chordia Hasthimull was appointed as Director on 01 Dec 2010.