Midax Tech Solutions Private Limited
About Midax Tech Solutions Private Limited
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Midax Tech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC141150. Its GSTIN is 29AAOCM0334J1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ambale Sheshegowda Harish and Banavara Kasthurappa Shobha.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 150/1 Infantry Road Corporation Division No 72 Civil Station Bengaluru, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.73 Lakh. For the same year it recorded a net loss of ₹2.55 Lakh (net margin -93.6%) and EBITDA of -₹2.55 Lakh (EBITDA margin -93.6%).
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- Registered Address150/1 Infantry Road Corporation Division No 72 Civil Station Bengaluru, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, IT Consulting & Support 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 Midax Tech Solutions Private Limited
The main business activity of Midax Tech Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Midax Tech Solutions Private Limited FY 2021 filings available
Midax Tech Solutions Private Limited reported revenue of ₹2.73 Lakh for FY 2021.
Financial Statement Summary of Midax Tech Solutions Private Limited
| Metrics | FY 2020-21 |
|---|---|
| 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 | -₹2.55 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹2.55 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 Midax Tech Solutions Private Limited
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | -93.6% |
| Net Profit Margin | -93.6% |
| 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 Midax Tech Solutions are in the company report.
Financial statements from FY 2021
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 Midax Tech Solutions Private Limited
Midax Tech Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gotarneaasa Technologies (OPC) Private Limited | ₹2.73 Lakh (FY 2022) | •••• | •••• | 1206.0% | •••• | Pune, Maharashtra, India |
| Insynergy India Private Limited | ₹2.73 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Genaxis Software Solutions Private Limited | ₹2.73 Lakh (FY 2017) | •••• | •••• | •••• | Guntur, Andhra Pradesh, India | |
| Talkto Suraksha Private Limited | ₹2.73 Lakh (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Hydera Technologies Private Limited | ₹2.73 Lakh (FY 2024) | •••• | •••• | -54.0% | •••• | Hyderabad, Telangana, India |
| Midax Tech Solutions Private Limited this company | ₹2.73 Lakh (FY 2021) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Rajam Codemachine Technology Private Limited | ₹2.73 Lakh (FY 2023) | •••• | •••• | •••• | Thiruvannamalai, Tamil Nadu, India | |
| Jmohit Cable Vision Private Limited | ₹2.72 Lakh (FY 2023) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Peachblack Technologies Private Limited | ₹2.72 Lakh (FY 2022) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Techratna IT Solutions Private Limited | ₹2.72 Lakh (FY 2016) | •••• | •••• | -46.0% | •••• | Pune, Maharashtra, India |
| Taxina Mobility Private Limited | ₹2.72 Lakh (FY 2024) | •••• | •••• | •••• | Dharmapuri, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Midax Tech Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Midax Tech Solutions Private Limited
Midax Tech Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Banavara Kasthurappa Shobha | Additional Director | 20 Jun 2024 | 2 Years 3 Months | Current |
| Ambale Sheshegowda Harish Also directs: Antworks Worldwide Private Limited | Director | 18 Nov 2020 | 5 Years 10 Months | Current |
Charges & Borrowings of Midax Tech Solutions Private Limited
Midax Tech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Midax Tech Solutions Private Limited
Employment history and EPFO contributions of people linked to Midax Tech Solutions.
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 Midax Tech Solutions Private Limited
Midax Tech Solutions Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Banavara Kasthurappa Shobha was appointed as Additional Director on 20 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Midax Tech Solutions 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 Midax Tech Solutions 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 Midax Tech Solutions 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 Midax Tech Solutions Private Limited
Midax Tech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM0334J1Z8 | Karnataka | Active | 04 Dec 2020 |
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 Midax Tech Solutions 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 Midax Tech Solutions Private Limited
Midax Tech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 November 2020 (6+ years old) and is registered under CIN U72900KA2020PTC141150.
Midax Tech Solutions reported revenue of ₹2.73 Lakh for FY 2021.
Midax Tech Solutions has 2 current directors:
- Banavara Kasthurappa Shobha - Additional Director
- Ambale Sheshegowda Harish - Director
Midax Tech Solutions reported a net loss of ₹2.55 Lakh (net margin -93.6%) and EBITDA of -₹2.55 Lakh (EBITDA margin -93.6%) for FY 2021, as per its filed financial statements.
The GSTIN of Midax Tech Solutions is 29AAOCM0334J1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Midax Tech Solutions is U72900KA2020PTC141150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midax Tech Solutions was incorporated on 18 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Midax Tech Solutions by revenue are Gotarneaasa Technologies (OPC) Private Limited, Insynergy India Private Limited, Genaxis Software Solutions Private Limited, Talkto Suraksha Private Limited, Hydera Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Banavara Kasthurappa Shobha was appointed as Additional Director on 20 Jun 2024. Rajendra Ganpati Hegde ceased to be Director on 20 Jun 2024. Ambale Sheshegowda Harish was appointed as Director on 18 Nov 2020.
The registered office of Midax Tech Solutions is at 1501 Infantry Road Corporation Division No 72 Civil Station Bengaluru, Bangalore, Karnataka, India – 560001.
Midax Tech Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh.