Midas Yarn Processors Private Limited - Company Profile

It is a manufacturing private limited company based in Ahmedabad, Gujarat, India, established in 1992.
1992 Ahmedabad, Gujarat, India Active
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About Midas Yarn Processors Private Limited

Midas Yarn Processors Private Limited, a active private limited company, was established on 09 March 1992 in Ahmedabad, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17119GJ1992PTC017250. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹3.00 Cr.

Formerly known as Midas Yarn Processors Limited. It upholds a compliant status. Employing 4 professional, Its leadership includes Anup Mittal (Managing Director), Naran Udaylal Ravat (Additional Director). Past directors included Renu Mittal, Rajen Shah Jagdishchandra, Anup Mittal. It holds ₹9.19 M open charges and ₹20.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1-B, Riverview Apptnear Dinesh Hall Ashram Road, Ahmedabad, Gujarat, 380009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17119GJ1992PTC017250

  • Registration Number

    017250

  • Incorporation Date

    09 March 1992

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹3.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.19 M
  • Satisfied Charges ₹ 20.50 Cr
  • Revenue Growth **** -43.10%
  • Profit Growth **** -564.48%
  • Ebitda **** -23311.36%
  • Net Worth -25.79%
  • Total Assets **** 1.00%
Company report

Midas Yarn Processors Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Midas Yarn Processors Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Midas Yarn Processors Private Limited?
Current Directors
Name Designation Appointment Date Status
Anup Mittal Managing Director 23 Jul 1996 Current
Naran Udaylal Ravat Additional Director 01 Dec 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 01 Jun 2019 Past
Pramod Abcsdd Director 01 May 2008 Past
Pramod Abcsdd Director 01 Dec 2022 Past
Pramod Abcsdd Additional Director 27 May 2020 Past

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Financial Performance of Midas Yarn Processors.

Midas Yarn Processors Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.1% decrease. The company also saw a substantial fall in profitability, with a 564.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.79%.

Midas Yarn Processors revenue growth over time
Midas Yarn Processors profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -43.10%
*******
*******
*******
*******
Revenue from Operations
*******
 -42.58%
*******
*******
*******
*******
Total Assets
*******
 1.00%
*******
*******
*******
*******
Profit or Loss
*******
 -564.48%
*******
*******
*******
*******
Net Worth
*******
 -25.79%
*******
*******
*******
*******
EBITDA
*******
 -23311.36%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Midas Yarn Processors?

In 2021, Midas Yarn Processors had a promoter holding of 100.00% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹9,193,000.00

Satisfied Charges

₹205,033,000.00

Charges Breakdown by Lending Institutions
  • Others : 0.92 Cr
Latest Charge Details
Date Lender Amount Status
05 Apr 2021 Others ₹0.73 M Open
19 Feb 2021 Others ₹7.00 M Open
02 Feb 2021 Others ₹0.73 M Open
22 Oct 2020 Others ₹0.73 M Open
24 Feb 2021 Others ₹7.00 M Satisfied

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How Many Employees Work at Midas Yarn Processors?

Midas Yarn Processors has a workforce of 4 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Yarn Processors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Midas Yarn Processors's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Midas Yarn Processors
Recent Activity within the Organization
  • Annual General Meeting

    Midas Yarn Processors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Midas Yarn Processors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Progress on Naran Udaylal Ravat was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2022 & has been associated with this company since 3 years 3 months . was documented.

  • Charges

    The activity A charge registered on 24 Feb 2021 via Charge ID 100431799 with Others was fully satisfied on 09 Jul 2021. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100451461 was registered on 05 Apr 2021. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100431799 was registered on 24 Feb 2021. was completed.

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Frequently Asked Questions
What is the CIN of Midas Yarn Processors Private Limited?

The CIN of Midas Yarn Processors Private Limited is U17119GJ1992PTC017250.

Where is Midas Yarn Processors Private Limited headquartered?

Midas Yarn Processors Private Limited is headquartered at 1-B, Riverview Apptnear Dinesh Hall Ashram Road, Ahmedabad, Gujarat, 380009.

When was Midas Yarn Processors Private Limited incorporated?

Midas Yarn Processors Private Limited was incorporated on 09 March 1992.

Who are the current directors of Midas Yarn Processors Private Limited?

The current directors of Midas Yarn Processors Private Limited are

What is the primary industry of Midas Yarn Processors Private Limited?

The primary industry of Midas Yarn Processors Private Limited is Manufacturing.

Is Midas Yarn Processors Private Limited a listed company?

Midas Yarn Processors Private Limited is unlisted.

What is the capital structure of Midas Yarn Processors Private Limited?

The authorized capital of Midas Yarn Processors Private Limited is ₹3.00 Cr, and the paid-up capital is ₹3.00 Cr.

What is the compliance status of Midas Yarn Processors Private Limited?

The compliance status of Midas Yarn Processors Private Limited is Compliant.

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