Midas Syndicate Private Limited

Midas Syndicate Private Limited - consumer goods in Cuttack, Odisha, India. Directors, charges & compliance details.
CIN U52393OR2011PTC014081 Incorporated 23 August 2011 ROC Cuttack HQ Cuttack, Odisha, India
Active Private Limited Company consumer goods
Data last updated
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2019
Balance sheet date
Last AGM
25 Jul 2019
Annual general meeting
Company status
Active
MCA master data

About Midas Syndicate Private Limited

Data last updated:

Midas Syndicate Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 23 August 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U52393OR2011PTC014081. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2 Lakh. It is led by directors Jayesh Manilal Mehta and Chandrika Seth.

Its last annual general meeting (AGM) was held on 25 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Nayasarak, Cuttack, Odisha, India – 753002.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of Midas Syndicate Private Limited
CIN U52393OR2011PTC014081
Registration Number 014081
Incorporation Date 23 August 2011
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 July 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
Key People
Jayesh Manilal Mehta Director Chandrika Seth Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Nayasarak, Cuttack, Odisha, India – 753002
  • Industry
    Consumer Goods, Watches & Jewelry Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Midas Syndicate Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Midas Syndicate Private Limited FY 2019 filings available

Financial Statement Summary of Midas Syndicate Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 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 Syndicate Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 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 Syndicate are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Midas Syndicate Private Limited

Midas Syndicate has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jayesh Manilal MehtaDirector23 Aug 201115 Years 1 MonthsCurrent
Chandrika SethDirector30 Mar 201313 Years 6 MonthsCurrent
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Charges & Borrowings of Midas Syndicate Private Limited

Midas Syndicate Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Midas Syndicate Private Limited

Employment history and EPFO contributions of people linked to Midas Syndicate.

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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

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Recent Activity on Midas Syndicate Private Limited

Midas Syndicate Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Chandrika Seth was appointed as Director on 30 Mar 2013.

AGM
Midas Syndicate Private Limited last Annual general meeting of members was held on 25 Jul 2019 as per latest MCA records.
Filing
Midas Syndicate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Cuttack.
Appointed
Chandrika Seth was appointed as Director.
Ceased
Sunil Kumar Gupta ceased to be Director.
Appointed
Jayesh Manilal Mehta was appointed as Director.
Incorporation
23 Aug 2011
Midas Syndicate Private Limited was registered on 23 Aug 2011 with Roc Cuttack & aged 15 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Midas Syndicate Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Midas Syndicate Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Midas Syndicate Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Midas Syndicate Private Limited

Midas Syndicate has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Midas Syndicate Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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  • Annual returns and statements
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Frequently Asked Questions about Midas Syndicate Private Limited

Midas Syndicate is an active private limited company based in Cuttack, Odisha, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 23 August 2011 (15+ years old) and is registered under CIN U52393OR2011PTC014081.

Midas Syndicate has 2 current directors:

No. Midas Syndicate has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Midas Syndicate is U52393OR2011PTC014081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Midas Syndicate was incorporated on 23 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Cuttack.

Chandrika Seth was appointed as Director on 30 Mar 2013. Sunil Kumar Gupta ceased to be Director on 30 Mar 2013. Jayesh Manilal Mehta was appointed as Director on 23 Aug 2011.

The registered office of Midas Syndicate is at Nayasarak, Cuttack, Odisha, India – 753002.

Midas Syndicate has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2 Lakh.

Midas Syndicate operates in the consumer goods industry, in the watches and jewelry manufacturing segment.

No. Midas Syndicate is not listed on any stock exchange. It is an unlisted company.

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