Midas Netcom Limited - business services in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U74899DL1988PLC030794 Incorporated 29 February 1988 ROC Delhi HQ New Delhi, Delhi, India
Under Liquidation Public Limited Company
Data last updated
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.72 Cr
Issued & subscribed
Company age
38 yrs
Est. 1988
Directors on board
3
As per MCA filings
Last financials
Mar 2013
Balance sheet date
Last AGM
30 Aug 2013
Annual general meeting
Company status
Under Liquidation
MCA master data
Registrar
Delhi
ROC office

About Midas Netcom Limited

Data last updated:

Midas Netcom Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It was incorporated on 29 February 1988.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PLC030794.

The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.72 Cr. It is led by directors including Dhiraj Jain and Pawan Kumar Jain.

Its last annual general meeting (AGM) was held on 30 August 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at B – 66 First Floor Vivek Vihar, New Delhi, Delhi, India – 110001.

Court records list 1 case involving the company, including 1 filed by the company.

Company details

CIN U74899DL1988PLC030794
Registration Number 030794
Incorporation Date 29 February 1988
ROC Delhi
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 August 2013
Date of Balance Sheet 31 March 2013

Contact details

Midas Netcom Limited's registered office is in New Delhi, Delhi.

  • Registered Address
    B – 66 First Floor Vivek Vihar, New Delhi, Delhi, India – 110001
Comprehensive company report
Midas Netcom Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Midas Netcom Limited

FY 2013 filings available

Financial Statement Summary

MetricsFY 2012-13
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

MetricsFY 2012-13
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

To see the full financial statements and ratios of Midas Netcom Limited, buy the company report.

Board of directors of Midas Netcom Limited

Midas Netcom has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Dhiraj JainDirector29 Mar 201412 Years 6 MonthsAs last reported
Pawan Kumar JainDirector26 Feb 200521 Years 7 MonthsAs last reported
Amit JainDirector01 Nov 201114 Years 11 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Midas Netcom 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 Netcom Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Midas Netcom Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Dhiraj Jain was appointed as Director on 29 Mar 2014.

Appointed
Dhiraj Jain was appointed as Director.
Ceased
Nidhi Arora ceased to be Director.
AGM
Midas Netcom Limited last Annual general meeting of members was held on 30 Aug 2013 as per latest MCA records.
Filing
Midas Netcom Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Delhi.
Ceased
Amit Jain ceased to be Additional Director.
Ceased
Darshan Lal Jain ceased to be Director.
Appointed
Amit Jain was appointed as Director.
Appointed
Pawan Kumar Jain was appointed as Director.
Incorporation
29 Feb 1988
Midas Netcom Limited was registered on 29 Feb 1988 with Roc Delhi & aged 38 years 7 months as per MCA records.

Frequently asked questions

Midas Netcom is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Midas Netcom is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. It was incorporated on 29 February 1988 and is registered under CIN U74899DL1988PLC030794. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Midas Netcom has 3 current directors:

The latest financial statements of Midas Netcom on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 August 2013. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Midas Netcom is U74899DL1988PLC030794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Midas Netcom has 1 court case on record: 1 filed by the company.

Midas Netcom was incorporated on 29 February 1988. It is registered with the Registrar of Companies, Delhi.

Dhiraj Jain was appointed as Director on 29 Mar 2014. Nidhi Arora ceased to be Director on 29 Mar 2014. Amit Jain ceased to be Additional Director on 27 Sep 2012. Midas Netcom has 6 board changes on record in total.

The registered office of Midas Netcom is at B – 66 First Floor Vivek Vihar, New Delhi, Delhi, India – 110001.

Midas Netcom can be reached at its registered office: B – 66 First Floor Vivek Vihar, New Delhi, Delhi, India – 110001.