Midas Ventures Private Limited
About Midas Ventures Private Limited
Data last updated:
Midas Ventures Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 28 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC164297. Its GSTIN is 19AAHCM2868C1ZC (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹25 Lakh. It is led by directors Mukesh Soni and Ajay Kumar Jain.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.88 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹21.27 Lakh (net margin 30.9%) and EBITDA of ₹46.76 Lakh (EBITDA margin 67.9%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
As per MCA filings, the company has open charges of ₹4.16 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressMartin Burn House 1 R N Mukherjee Road 2nd Floor Room No, 234, Kolkata, West Bengal, India – 700001
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Business Activity of Midas Ventures Private Limited
The main business activity of Midas Ventures is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Midas Ventures Private Limited FY 2025 filings available
Midas Ventures Private Limited reported revenue of ₹68.88 Lakh (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Midas Ventures Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 57% fall in the latest year. EBITDA rose 179% 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 of Midas Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹46.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.27 Lakh | •••• | •••• | •••• | •••• |
| 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 Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 30.9% | •••• | •••• | •••• | •••• |
| 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 Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Midas Ventures Private Limited
Midas Ventures Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VSD Engineering Private Limited | ₹69.05 Lakh (FY 2022) | •••• | •••• | 90.0% | •••• | Delhi, India |
| Omm Estcon Private Limited | ₹69.02 Lakh (FY 2025) | •••• | •••• | 137.0% | •••• | Bhubaneswar, Odisha, India |
| Yapaganti Oils and Minerals Private Limited | ₹68.97 Lakh (FY 2018) | •••• | •••• | •••• | Tirupati, Andhra Pradesh, India | |
| Span Erectors Private Limited | ₹68.94 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Naya Nagar Developers Private Limited | ₹68.89 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Patna, Bihar, India |
| Midas Ventures Private Limited this company | ₹68.88 Lakh (FY 2024) | •••• | •••• | -57.0% | •••• | Kolkata, West Bengal, India |
| Ibuilt Technology Private Limited | ₹68.85 Lakh (FY 2024) | •••• | •••• | 149.0% | •••• | Bengaluru, Karnataka, India |
| Ranchi Buildcon Private Limited | ₹68.82 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Ranchi, Jharkhand, India |
| Ramsyn Private Limited | ₹68.8 Lakh (FY 2023) | •••• | •••• | -27.0% | •••• | Tada, Andhra Pradesh, India |
| Feacon Constructions and Industries Private Limited | ₹68.74 Lakh (FY 2025) | •••• | •••• | 4582.0% | •••• | Ranchi, Jharkhand, India |
| Aviry Properties Private Limited | ₹68.69 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Midas Ventures by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Midas Ventures Private Limited
Midas Ventures Private Limited is audited by P K C & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P K C & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Midas Ventures Private Limited
Midas Ventures has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Soni Also directs: Masscon Ventures LLP, Eco Stone Contractor India Limited, RSJ Dealers Pvt Ltd and 3 more | Director | 11 Mar 2014 | 12 Years 7 Months | Current |
| Ajay Kumar Jain | Director | 11 Mar 2014 | 12 Years 7 Months | Current |
Ownership and Shareholding of Midas Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Midas Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2023 | Hdfc Bank Limited | ₹4 Cr | Open |
| 30 Jul 2022 | Hdfc Bank Limited | ₹15.86 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Midas Ventures Private Limited
Employment history and EPFO contributions of people linked to Midas Ventures.
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
Verified entity values are shown only after access is granted.
Recent Activity on Midas Ventures Private Limited
Midas Ventures Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Ajay Kumar Jain ceased to be Additional Director on 30 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for Midas Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Midas Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Midas Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Midas Ventures Private Limited
Midas Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAHCM2868C1ZC | West Bengal | Active | 08 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Midas Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Midas Ventures Private Limited
Midas Ventures is an active private limited company based in Kolkata, West Bengal, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 28 June 2011 (15+ years old) and is registered under CIN U51909WB2011PTC164297.
Midas Ventures reported revenue of ₹68.88 Lakh for FY 2024 (down 57% YoY).
Midas Ventures has 2 current directors:
- Mukesh Soni - Director
- Ajay Kumar Jain - Director
Midas Ventures reported a net profit of ₹21.27 Lakh (net margin 30.9%) and EBITDA of ₹46.76 Lakh (EBITDA margin 67.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midas Ventures is -24% over three years. In the latest year (FY 2024) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midas Ventures is 19AAHCM2868C1ZC, registered in West Bengal.
The CIN (Corporate Identification Number) of Midas Ventures is U51909WB2011PTC164297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Ventures was incorporated on 28 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Midas Ventures by revenue are VSD Engineering Private Limited, Omm Estcon Private Limited, Yapaganti Oils and Minerals Private Limited, Span Erectors Private Limited, Naya Nagar Developers Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Ajay Kumar Jain ceased to be Additional Director on 30 Sep 2014. Vikash Dhandhania ceased to be Director on 12 Mar 2014. Ajay Kumar Jain was appointed as Director on 11 Mar 2014. Midas Ventures has 7 board changes on record in total.
The registered office of Midas Ventures is at Martin Burn House 1 R N Mukherjee Road 2nd Floor Room No, 234, Kolkata, West Bengal, India – 700001.