Midas Touch Hospitality Private Limited
About Midas Touch Hospitality Private Limited
Data last updated:
Midas Touch Hospitality Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. The company operated in the hospitality and wellness sector. It was incorporated on 13 August 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2009PTC193190. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hardeep Singh and Harvinder Singh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at The Chalchitra M – 38 First Floor Greater Kailash – II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2018, the company reported a revenue of ₹11,839, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹8,566 (net margin 72.4%) and EBITDA of ₹7,549 (EBITDA margin 63.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Midas Touch Hospitality Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThe Chalchitra M – 38 First Floor Greater Kailash – II, New Delhi, Delhi, India – 110048
- IndustryHospitality & Wellness, Restaurants, Food And Beverage Services By Hotels, Caterers
To see the full contact details of Midas Touch Hospitality 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
Financials of Midas Touch Hospitality Private Limited
FY 2018 filings availableMidas Touch Hospitality Private Limited reported revenue of ₹11,839 (down 4% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 11% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 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 | ₹7,549 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8,566 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
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| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 63.8% | |||
| Net Profit Margin | 72.4% | |||
| 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 Touch Hospitality Private Limited, buy the company report.
Board of directors of Midas Touch Hospitality Private Limited
Midas Touch Hospitality has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harvinder Singh Also directs: Urbanthrive Estates LLP, Lokya Infrastructures Private Limited, Sukh Infrastructure Services Private Limited and 5 more | Additional Director | 01 Oct 2011 | 15 Years 1 Months | As last reported |
| Hardeep Singh Also directs: Urbanthrive Estates LLP, Lokya Infrastructures Private Limited, Sukh Infrastructure Services Private Limited and 5 more | Director | 01 Oct 2012 | 14 Years 1 Months | As last reported |
Peer comparison
Midas Touch Hospitality Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Hospitality), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Full O Dreamz Entertainment & Hospitality Private Limited | ₹12,350 (FY 2024) | -10.0% | New Delhi, Delhi, India | |||
| Yashas Hospitality Private Limited | ₹12,037 (FY 2025) | Udaipur, Rajasthan, India | ||||
| Rida Hospitality Private Limited | ₹12,010 (FY 2023) | -7.0% | Vadodara, Gujarat, India | |||
| Nema Hospitality Private Limited | ₹11,885 (FY 2025) | Kochi, Kerala, India | ||||
| Nandan Cinemas and Hospitality Private Limited | ₹11,883 (FY 2025) | 0.0% | Meerut, Uttar Pradesh, India | |||
| Midas Touch Hospitality Private Limitedthis company | ₹11,839 (FY 2018) | ₹8,566 | 72.4% | -4.0% | New Delhi, Delhi, India | |
| Neerja Education and Hospitality Management Services Private Limited | ₹11,790 (FY 2024) | Jaipur, Rajasthan, India | ||||
| Ig Hospitality (India) Private Limited | ₹11,772 (FY 2025) | New Delhi, Delhi, India | ||||
| Cerberus Hospitality Private Limited | ₹11,590 (FY 2020) | Bangalore, Karnataka, India | ||||
| Kleo Hospitality Private Limited | ₹11,500 (FY 2025) | 3.0% | Delhi, India | |||
| D Mars Hospitality Private Limited | ₹11,406 (FY 2025) | Rajkot, Gujarat, India |
To see the full peer comparison of Midas Touch Hospitality Private Limited, buy the company report.
Auditor
Midas Touch Hospitality Private Limited is audited by S.M.YAMINQURESHI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M.YAMINQURESHI | FY 2017 | 002504N |
Shareholding
The shareholding of Midas Touch Hospitality 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 Touch Hospitality Private Limited, buy the company report.
Legal cases
Midas Touch Hospitality Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Execution petition | Filed against the company by Jain Kiryana Trading Co. | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Jain Kiryana Trading Co. | Disposed |
To see the full case history of Midas Touch Hospitality 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 Touch Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midas Touch Hospitality 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 Touch Hospitality Private Limited, buy the company report.
Recent activity
Midas Touch Hospitality Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Nitin Janwani ceased to be Director on 29 Dec 2018.
Frequently asked questions
Midas Touch Hospitality has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Midas Touch Hospitality was a private limited company based in New Delhi, Delhi, India. The company worked in the hospitality and wellness industry. It was incorporated on 13 August 2009 and is registered under CIN U55101DL2009PTC193190. The company has been struck off by the Registrar of Companies and is no longer operational.
Midas Touch Hospitality had 2 directors:
- Harvinder Singh - Additional Director
- Hardeep Singh - Director
The CIN (Corporate Identification Number) of Midas Touch Hospitality is U55101DL2009PTC193190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Midas Touch Hospitality is at The Chalchitra M – 38 First Floor Greater Kailash – II, New Delhi, Delhi, India – 110048.
Midas Touch Hospitality was incorporated on 13 August 2009. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Midas Touch Hospitality on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Midas Touch Hospitality has 1 GST registration on record and it is cancelled or inactive.
Midas Touch Hospitality operated in the hospitality and wellness industry. It worked in this industry before it was struck off.
The peers of Midas Touch Hospitality by revenue are Full O Dreamz Entertainment & Hospitality Private Limited, Yashas Hospitality Private Limited, Rida Hospitality Private Limited, Nema Hospitality Private Limited, Nandan Cinemas and Hospitality Private Limited and 5 more, all in the Consumer Services industry (Hospitality).
Midas Touch Hospitality has 2 court cases on record: 2 filed against it.
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