Midas Portal Services Private Limited
About Midas Portal Services Private Limited
Data last updated:
Midas Portal Services Private Limited is a private limited company based in Manesar, Haryana, India. It operates in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 10 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72900HR2011PTC042376. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors Manoj Yadav and Anil Kumar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at H.No. 265 Vill – Shikohpur, Manesar, Haryana, India – 122050.
As per the financials filed for FY 2017, the company reported a revenue of ₹28,290, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹1,921 (net margin -6.8%) and EBITDA of -₹2,075 (EBITDA margin -7.3%).
As per MCA filings, the company has satisfied charges of ₹87.37 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Midas Portal Services Private Limited's registered office is in Manesar, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No. 265 Vill – Shikohpur, Manesar, Haryana, India – 122050
- IndustryInformation Technology, Data Processing, Hosting And Related Activities
To see the full contact details of Midas Portal Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Midas Portal Services is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Midas Portal Services Private Limited, buy the company report.
Financials of Midas Portal Services Private Limited
FY 2017 filings availableMidas Portal Services Private Limited reported revenue of ₹28,290 (down 59% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year. EBITDA fell 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹28,290 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2,075 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1,921 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -7.3% | ||
| Net Profit Margin | -6.8% | ||
| 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 Portal Services Private Limited, buy the company report.
Board of directors of Midas Portal Services Private Limited
Midas Portal Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Yadav | Additional Director | 09 Oct 2017 | 9 Years 0 Months | Current |
| Anil Kumar | Additional Director | 03 Jan 2018 | 8 Years 10 Months | Current |
Peer comparison
Midas Portal Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mozartskull Private Limited | ₹29,500 (FY 2025) | -51.0% | Hyderabad, Telangana, India | |||
| Tridashay Private Limited | ₹29,500 (FY 2024) | Tonk, Rajasthan, India | ||||
| Nirala Vintrade Private Limited | ₹29,450 (FY 2017) | -16.0% | Kolkata, West Bengal, India | |||
| Angels Nursing Home and Research Centre Private Limited | ₹29,250 (FY 2020) | -19.0% | New Delhi, Delhi, India | |||
| Jhaiho Private Limited | ₹29,070 (FY 2022) | -65.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Midas Portal Services Private Limitedthis company | ₹28,290 (FY 2017) | -₹1,921 | -6.8% | -59.0% | Manesar, Haryana, India | |
| Valuefirst Mobility Vision Technologies Private Limited | ₹28,222 (FY 2017) | -99.0% | New Delhi, Delhi, India | |||
| Sixty Technologies Private Limited | ₹28,191 (FY 2021) | 5.0% | Gurugram, Haryana, India | |||
| Idea Vintrade Private Limited | ₹28,100 (FY 2019) | -21.0% | Howrah, West Bengal, India | |||
| Palpit Vinimoy Pvt Ltd | ₹28,000 (FY 2025) | -24.0% | Kolkata, West Bengal, India | |||
| Denovia Digital Private Limited | ₹28,000 (FY 2025) | Gurgaon, Haryana, India |
To see the full peer comparison of Midas Portal Services Private Limited, buy the company report.
Auditor
Midas Portal Services Private Limited is audited by TAMANNA SANDUJA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TAMANNA SANDUJA | FY 2017 | 534275 |
Shareholding
The shareholding of Midas Portal Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Midas Portal Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2012 | 10342638 | Indian Overseas Bank | ₹15 Lakh | Satisfied | |
| 11 Aug 2011 | 10305216 | Indian Overseas Bank | ₹72.37 Lakh | Satisfied |
To see the full charge records of Midas Portal Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Midas Portal Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rewari, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Midas Portal Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midas Portal Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midas Portal Services Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Midas Portal Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Midas Portal Services Private Limited, buy the company report.
Recent activity
Midas Portal Services Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Anil Kumar was appointed as Additional Director on 03 Jan 2018.
3 earlier events are in the company report.
Frequently asked questions
Midas Portal Services is an active private limited company based in Manesar, Haryana, India. The company works in data processing, within the information technology industry. It was incorporated on 10 March 2011 (15+ years old) and is registered under CIN U72900HR2011PTC042376.
Midas Portal Services has 2 current directors:
- Manoj Yadav - Additional Director
- Anil Kumar - Additional Director
The latest financial statements of Midas Portal Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Midas Portal Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Midas Portal Services is U72900HR2011PTC042376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Portal Services has 1 court case on record: 1 filed against it.
Midas Portal Services was incorporated on 10 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Midas Portal Services by revenue are Mozartskull Private Limited, Tridashay Private Limited, Nirala Vintrade Private Limited, Angels Nursing Home and Research Centre Private Limited, Jhaiho Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Anil Kumar was appointed as Additional Director on 03 Jan 2018. Ravinder Yadav ceased to be Additional Director on 03 Jan 2018. Dinesh Arora ceased to be Director on 14 Oct 2017. Midas Portal Services has 8 board changes on record in total.
The registered office of Midas Portal Services is at H.No. 265 Vill – Shikohpur, Manesar, Haryana, India – 122050.
Midas Portal Services operates in the information technology industry, in the data processing segment.
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