MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-33-0044138
Midas Tankers Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹32.61 Cr
▲ 3% YoY
Net loss · FY 2025
₹3.04 Cr
Net margin -9.3%
EBITDA · FY 2025
-₹2.33 Cr
EBITDA margin -7.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹26.5 Lakh
Issued & subscribed
Open charges
₹4.75 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Midas Tankers Private Limited
Data last updated:
Midas Tankers Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the shipping and maritime services segment of the transport and logistics sector. It was incorporated on 30 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC295548. Its GSTIN is 27AALCM1038L1Z8 (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.5 Lakh. It is led by directors including Vijay Kumar Yadav and Pradeep Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 702 Wing D – 6 Plot No. 38 Sagar Darshan Chsl Sector – 18 Nerul, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.61 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr (net margin -9.3%) and EBITDA of -₹2.33 Cr (EBITDA margin -7.1%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹4.75 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Midas Tankers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0044138). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midasship.com.
Company details
CIN U74999MH2017PTC295548
Registration Number 295548
Incorporation Date 30 May 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0044138
Recognitions & Rankings of Midas Tankers
Contact details
Midas Tankers Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is midasship.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 702 Wing D – 6 Plot No. 38 Sagar Darshan Chsl Sector – 18 Nerul, Navi Mumbai, Maharashtra, India – 400706
- IndustryTransport and Logistics, Shipping & Maritime Services
To see the full contact details of Midas Tankers Private Limited, buy the company report.
Comprehensive company report
Midas Tankers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Midas Tankers is transport and storage. In detail, this covers water transport.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H3 | Water transport |
To see the full business activity and turnover split of Midas Tankers Private Limited, buy the company report.
Financials of Midas Tankers Private Limited
FY 2025 filings availableMidas Tankers Private Limited reported revenue of ₹32.61 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹32.61 Cr ▲ 3%
Net loss · FY 2025
₹3.04 Cr margin -9.3%
EBITDA · FY 2025
-₹2.33 Cr margin -7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 30%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 200%
3 years · compounded
▼ 44%
5 years · compounded
▼ 22%
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 200% 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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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.04 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | -7.1% | ||||
| Net Profit Margin | -9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Tankers Private Limited, buy the company report.
Board of directors of Midas Tankers Private Limited
Midas Tankers has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Yadav | Director | 30 May 2017 | 9 Years 5 Months | Current |
| Pradeep Kumar Singh Also directs: Midas Shipping Ventures Private Limited | Director | 30 May 2017 | 9 Years 5 Months | Current |
| Jay Prakash Gupta Also directs: Midas Shipping Ventures Private Limited | Director | 30 May 2017 | 9 Years 5 Months | Current |
Auditor
Midas Tankers Private Limited is audited by S. V. Kedia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. V. Kedia & Associates | FY 2023 | 141245W |
Shareholding
The shareholding of Midas Tankers 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Midas Tankers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2021 | 100498142 | Others | ₹4.75 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Midas Tankers Private Limited has 2 court cases on record: 2 filed by Midas Tankers. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India Thro. the Secretary Ministry of Finance Dept. | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India Throu. the Sec. Ministry of Finance Dept of Revenue and Ors | Disposed |
To see the full case history of Midas Tankers 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 Tankers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midas Tankers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCM1038L1Z8 | Maharashtra | Active | 15 Jul 2018 |
To see the full GST registrations and return filing status of Midas Tankers Private Limited, buy the company report.
Recent activity
Midas Tankers Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Jay Prakash Gupta was appointed as Director on 30 May 2017.
AGM
Midas Tankers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Midas Tankers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 475.00 Lakh with Charge ID 100498142 was registered on 26 Jul 2021.
Appointed
Jay Prakash Gupta was appointed as Director.
Appointed
Pradeep Kumar Singh was appointed as Director.
Appointed
Vijay Kumar Yadav was appointed as Director.
Incorporation
30 May 2017
Midas Tankers Private Limited was registered on 30 May 2017 with Roc Mumbai & aged 9 years 5 months as per MCA records.
Frequently asked questions
Midas Tankers is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in shipping and maritime services, within the transport and logistics industry. It was incorporated on 30 May 2017 (9+ years old) and is registered under CIN U74999MH2017PTC295548.
Midas Tankers has 3 current directors:
- Vijay Kumar Yadav - Director
- Pradeep Kumar Singh - Director
- Jay Prakash Gupta - Director
The latest financial statements of Midas Tankers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Midas Tankers is 27AALCM1038L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Midas Tankers is U74999MH2017PTC295548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Tankers has 2 court cases on record: 2 filed by the company. 1 is pending.
Midas Tankers was incorporated on 30 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Jay Prakash Gupta was appointed as Director on 30 May 2017. Pradeep Kumar Singh was appointed as Director on 30 May 2017. Vijay Kumar Yadav was appointed as Director on 30 May 2017.
Yes, Midas Tankers is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0044138).
Midas Tankers can be reached through the website midasship.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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