Midas Polychem Llp - Company Profile

It is a business services limited liability partnership based in Ahmedabad, Gujarat, India, established in 2014.
2014 Ahmedabad, Gujarat, India Active
Last Updated:
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About Midas Polychem Llp

Midas Polychem Llp, a active limited liability partnership, was established on 09 July 2014 in Ahmedabad, Gujarat, India. Engaging in wholesale within the business services sector, it holds LLPIN: AAC-4489. Registered under ROC Roc Ahmedabad. It has total obligation of contribution of ₹0.20 M.

Its leadership includes Renuka Pankaj Totla (Designated Partner), Sajani Bhaumik Shah (Designated Partner), Srujal Sanjaybhai Shah (Designated Partner). Past directors included Neha Niraj Shah, Manisha Vipul Shah, Sajani Bhaumik Shah. It holds ₹86.90 Cr open charges and no settled loans. Its latest date of accounts and solvency statement 31 March 2025. It is based at 8, Ularia, Sanathal, Nr Pasoli Motors,, Ahmedabad, Gujarat, 382210.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    AAC-4489

  • Incorporation Date

    09 July 2014

  • Total Obligation of Contribution

    ₹0.20 M

  • ROC Code

    Roc Ahmedabad

  • Company Status

    Active

Key Metrics
  • Obligation of Contribution ₹ 0.20 M
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 86.90 Cr
  • Revenue Growth **** -18.65%
  • Profit Growth **** -98.13%
  • Ebitda **** -5.62%
  • Total Assets -20.87%
Company report

Midas Polychem Llp

Company Report FY 2025-2026

Comprehensive Company Insights

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

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Who are the key members and board of directors at Midas Polychem Llp?
Current Designated Partners
Name Designation Appointment Date Status
Renuka Pankaj Totla Designated Partner 06 Jan 2022 Current
Sajani Bhaumik Shah Designated Partner 25 Jul 2023 Current
Srujal Sanjaybhai Shah Designated Partner 01 Apr 2024 Current
Past Designated Partners
Name Designation Cessation Status
Pramod Abcsdd Designated Partner 25 Jul 2023 Past
Pramod Abcsdd Designated Partner 25 Jul 2023 Past
Pramod Abcsdd Designated Partner 01 Apr 2024 Past
Pramod Abcsdd Designated Partner 19 Jan 2022 Past
Pramod Abcsdd Designated Partner 19 Jan 2022 Past
Pramod Abcsdd Designated Partner 19 Jan 2022 Past

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Financial Performance of Midas Polychem Llp.

Midas Polychem Llp, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.65% decrease. The company also saw a substantial fall in profitability, with a 98.13% decrease in profit. The company's net worth witnessed no change by increase of 0%.

Midas Polychem Llp revenue growth over time
Midas Polychem Llp 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
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 -18.65%
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Revenue from Operations
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 -18.15%
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*******
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Total Assets
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 -20.87%
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Profit or Loss
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 -98.13%
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*******
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Net Worth
*******
*******
*******
*******
*******
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EBITDA
*******
 -5.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Midas Polychem Llp?

Unlock access to Midas Polychem Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

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Charges (Loans)
Open Charges

₹869,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 77.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 9.90 Cr
Latest Charge Details
Date Lender Amount Status
13 May 2024 The Hongkong And Shanghai Banking Corporation Limited ₹9.90 Cr Open
05 May 2023 Hdfc Bank Limited ₹5.00 Cr Open
31 Mar 2022 Hdfc Bank Limited ₹10.00 Cr Open
30 Sep 2014 Hdfc Bank Limited ₹62.00 Cr Open

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How Many Employees Work at Midas Polychem Llp?

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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 Polychem Llp, 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 Polychem Llp's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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

    Midas Polychem Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records. was recorded as a recent event.

  • Statement of Assets & Liabilities

    Midas Polychem Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 99.00 M with Charge ID 100923156 was registered on 13 May 2024. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 620.00 M registered on 30 Sep 2014 with Charge ID 10524045 was modified on 29 Apr 2024. was completed.

  • Director Appointment

    Progress on Srujal Sanjaybhai Shah was appointed as a Designated Partner was appointed as a Designated Partner on 01 Apr 2024 & has been associated with this company since 1 year 11 months . was documented.

  • Director Appointment

    The activity Sajani Bhaumik Shah was appointed as a Designated Partner was appointed as a Designated Partner on 25 Jul 2023 & has been associated with this company since 2 years 7 months . was completed.

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Frequently Asked Questions
What is the LLPIN of Midas Polychem Llp?

The LLPIN of Midas Polychem Llp is AAC-4489.

Where is Midas Polychem Llp headquartered?

Midas Polychem Llp is headquartered at 8, Ularia, Sanathal, Nr Pasoli Motors,, Ahmedabad, Gujarat, 382210.

When was Midas Polychem Llp incorporated?

Midas Polychem Llp was incorporated on 09 July 2014.

Who are the current directors of Midas Polychem Llp?

The current directors of Midas Polychem Llp are

What is the primary industry of Midas Polychem Llp?

The primary industry of Midas Polychem Llp is Business Services.

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