About Midas Projects Private Limited
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Midas Projects Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Nsl Infratech Private Limited. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 01 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45400TG2007PTC054254. Its GSTIN is 36AAFCM1004N1ZL (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹44.05 Cr. It is led by directors including Narayana Rao Gadupudi and Yesu Das Chintamaneni.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No.66/1 Raidurgam Village Serilingampally Mandal, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2025, the company reported a revenue of ₹334.57 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹89.44 Cr (net margin 26.7%) and EBITDA of ₹268.79 Cr (EBITDA margin 80.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,481 Cr and satisfied charges of ₹881.9 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 6 deals on record (2 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹104.36 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nslgroup.co.in.
Company details
CIN history
Midas Projects has one previous CIN (Corporate Identification Number): U45400AP2007PTC054254. The current CIN is U45400TG2007PTC054254, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400TG2007PTC054254 | Current |
| U45400AP2007PTC054254 | Previous |
Contact details
Midas Projects Private Limited's registered office is in Hyderabad, Telangana. Its website is nslgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No.66/1 Raidurgam Village Serilingampally Mandal, Hyderabad, Telangana, India – 500032
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Midas Projects 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 Projects is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Midas Projects Private Limited, buy the company report.
Financials of Midas Projects Private Limited
FY 2024 filings availableMidas Projects Private Limited reported revenue of ₹334.57 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 2% growth in the latest year. EBITDA fell 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹268.79 Cr | ||||
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| Net Profit (PAT) | ₹89.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.3% | ||||
| Net Profit Margin | 26.7% | ||||
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To see the full financial statements and ratios of Midas Projects Private Limited, buy the company report.
Board of directors of Midas Projects Private Limited
Midas Projects has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayana Rao Gadupudi Also directs: Chennai Cybercity Private Limited, Golden Tower Infratech Private Limited, Apple Avenues Private Limited and 4 more | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
| Yesu Das Chintamaneni | Director | 26 Jun 2020 | 6 Years 4 Months | Current |
| Sumeet Chawla Also directs: Divyasree R.O.W. Projects LLP, Divyasree Holdings Private Limited, Divyasree Real Estate Developers Private Limited and 5 more | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
| Shaifali Singh Also directs: Divyasree R.O.W. Projects LLP, Denali Management Services Private Limited, White Box Venture LLP and 3 more | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Midas Projects Private Limited is audited by N Madhu Sai Sankaram for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N Madhu Sai Sankaram | FY 2023 | 007405S |
Shareholding
The shareholding of Midas Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Midas Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2024 | 100998797 | Idbi Trusteeship Services Limited | ₹1,016 Cr | Open | |
| 11 Oct 2021 | 100493092 | Hdfc Bank Limited | ₹465 Cr | Open | |
| 31 May 2022 | 100591187 | Idbi Trusteeship Services Limited | ₹801.09 Cr | Satisfied | |
| 05 May 2022 | 100575177 | Others | ₹80.81 Cr | Satisfied |
To see the full charge records of Midas Projects Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Midas Projects Private Limited has 6 deals on record (2 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹104.36 Cr; the latest was in March 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Debt financing | ₹50 Cr | Investors: Shyamaraju & Company Private Limited |
| Sep 2020 | Funding round | ₹44 Cr | Investors: Mandava Holdings Private Limited , Shyamaraju & Company Private Limited |
| Jul 2017 | Acquisition | Undisclosed | Buyer: Mandava Holdings Private Limited Seller: Nsl Infratech Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Shyamaraju & Company Private Limited Seller: NSL Infratech Private Limited & K Ramana Reddy, Nsl Infratech Private Limited |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: NSL Infratech Private Limited & P Hare Ram, Nsl Infratech Private Limited Seller: 3 individuals |
To see the full deal history of Midas Projects Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Midas Projects Private Limited has 3 court cases on record: 2 filed by Midas Projects, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed against the company by Sunera Technologies Private Limited | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The District Registrar and 1 other | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Southern Power Distribution Company Limited and 2 others | Disposed |
To see the full case history of Midas Projects 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.
Credit ratings & regulatory alerts
Midas Projects Private Limited was last rated by Indiarating on 18 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 18 Jun 2021 |
To see the full credit ratings and regulatory alerts of Midas Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midas Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midas Projects Private Limited has a workforce of 6 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Midas Projects Private Limited, buy the company report.
GST
Midas Projects has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCM1004N1ZL | Telangana | Active | 01 Nov 2018 |
| 36AAFCM1004N2ZK | Telangana | Active | 17 Jan 2019 |
To see the full GST registrations and return filing status of Midas Projects Private Limited, buy the company report.
Recent activity
Midas Projects Private Limited has 14 board changes on record since 2008: 4 appointments and 10 cessations. The latest: Narayana Rao Gadupudi ceased to be Additional Director on 31 Dec 2021.
12 earlier events are in the company report.
Frequently asked questions
Midas Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 01 June 2007 (19+ years old) and is registered under CIN U45400TG2007PTC054254.
Midas Projects has 4 current directors:
- Narayana Rao Gadupudi - Director
- Yesu Das Chintamaneni - Director
- Sumeet Chawla - Director
- Shaifali Singh - Director
The latest financial statements of Midas Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Midas Projects is 36AAFCM1004N1ZL, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAFCM1004N2ZK (Telangana).
The CIN (Corporate Identification Number) of Midas Projects is U45400TG2007PTC054254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Projects has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Midas Projects was incorporated on 01 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Midas Projects has 6 deals on record (2 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹104.36 Cr; the latest was in March 2021.
Narayana Rao Gadupudi ceased to be Additional Director on 31 Dec 2021. Narayana Rao Gadupudi was appointed as Director on 30 Sep 2021. Nelluri Bapuji ceased to be Director on 30 Sep 2021. Midas Projects has 14 board changes on record in total.
Midas Projects can be reached through the website nslgroup.co.in. Its registered office is in Hyderabad, Telangana, India.
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