Midcon Polymers Private Limited

Midcon Polymers Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U24132KA2001PTC061131 Incorporated 25 July 2001 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business services MSME · Micro
Revenue · FY 2025
₹1.14 Lakh
▼ 14% YoY
Net profit · FY 2025
₹41,800
Net margin 36.5%
EBITDA · FY 2025
₹50,091
EBITDA margin 43.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.32 Cr
Issued & subscribed
Open charges
₹170.39 Cr
Satisfied ₹34.62 Cr
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings

About Midcon Polymers Private Limited

Data last updated:

Midcon Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the parking management segment of the business services sector. It was incorporated on 25 July 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24132KA2001PTC061131. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.32 Cr. It is led by directors Jayanti Ramsisaria and Manoj Ramsisaria.

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 83 Dadlani'S Mansion 3rd Floor Site No. 69 Kh Road, Bangalore, Karnataka, India – 560027.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.14 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹41,800 (net margin 36.5%) and EBITDA of ₹50,091 (EBITDA margin 43.8%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 10% over five years.

As per MCA filings, the company has open charges of ₹170.39 Cr and satisfied charges of ₹34.62 Cr on record.

Midcon Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0250460). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24132KA2001PTC061131
Registration Number 061131
Incorporation Date 25 July 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0250460

CIN history

Midcon Polymers has one previous CIN (Corporate Identification Number): U24132MP2001PTC014746. The current CIN is U24132KA2001PTC061131, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24132KA2001PTC061131Current
U24132MP2001PTC014746Previous
Key People
Jayanti Ramsisaria Director Manoj Ramsisaria Director

Recognitions & Rankings of Midcon Polymers

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0250460

Contact details

Midcon Polymers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Flat No 83 Dadlani'S Mansion 3rd Floor Site No. 69 Kh Road, Bangalore, Karnataka, India – 560027
  • Industry
    Business Services, Parking Management

To see the full contact details of Midcon Polymers Private Limited, buy the company report.

Comprehensive company report
Midcon Polymers 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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Financials of Midcon Polymers Private Limited

FY 2025 filings available

Midcon Polymers Private Limited reported revenue of ₹1.14 Lakh (down 14% YoY) for FY 2025.

Revenue · FY 2025
₹1.14 Lakh ▼ 14%
Net profit · FY 2025
₹41,800 margin 36.5%
EBITDA · FY 2025
₹50,091 margin 43.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 58%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 136%
3 years · compounded
▼ 63%
5 years · compounded
▲ 37%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 136% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹50,091
Profit Before Tax
Tax Expense
Net Profit (PAT)₹41,800
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin43.8%
Net Profit Margin36.5%
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 Midcon Polymers Private Limited, buy the company report.

Board of directors of Midcon Polymers Private Limited

Midcon Polymers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jayanti Ramsisaria
Also directs: Ramsisaria Brothers LLP, Big Bags International Private Limited, Avyukta Polymers Private Limited and 5 more
Director08 Mar 20215 Years 8 MonthsCurrent
Manoj Ramsisaria
Also directs: Countyestate Developers LLP, Countyconcept Developers LLP, Gopika Technologies LLP and 5 more
Director14 Feb 201412 Years 8 MonthsCurrent
View all directors

Auditor

Midcon Polymers Private Limited is audited by J M NIMODIYA & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
J M NIMODIYA & COFY 2022023205S

Shareholding

The shareholding of Midcon Polymers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Midcon Polymers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹170.39 Cr
Satisfied charges
₹34.62 Cr
Breakdown by lending institutions
State Bank of India₹122.34 Cr
Others₹48.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 2019100270588Others₹48.05 CrOpen
16 Oct 201410530209State Bank of India₹68.62 CrOpen
20 Jul 200710084680State Bank of India₹53.72 CrOpen
13 Dec 200710086009State Bank of Travancore (Commercial Branch)₹34.62 CrSatisfied

To see the full charge records of Midcon Polymers Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Midcon Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Midcon Polymers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Midcon Polymers Private Limited, buy the company report.

Recent activity

Midcon Polymers Private Limited has 12 board changes on record since 2001: 7 appointments and 5 cessations. The latest: Bimla Devi Ramsisaria ceased to be Director on 09 Mar 2021.

AGM
Midcon Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Midcon Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 48.05 Cr registered on 28 Mar 2019 with Charge ID 100270588 was modified on 11 Aug 2022.
Charges
A charge with State Bank Of India of Rs. 53.72 Cr registered on 20 Jul 2007 with Charge ID 10084680 was modified on 05 Aug 2022.
Ceased
Bimla Devi Ramsisaria ceased to be Director.
Appointed
Jayanti Ramsisaria was appointed as Director.
Charges
A charge with Others amounted to Rs. 48.05 Cr with Charge ID 100270588 was registered on 28 Mar 2019.
Charges
A charge with State Bank Of India amounted to Rs. 68.62 Cr with Charge ID 10530209 was registered on 16 Oct 2014.
Charges
A charge registered on 13 Dec 2007 via Charge ID 10086009 with State Bank Of Travancore (Commercial Branch) was fully satisfied on 22 Sep 2014.
Ceased
Chandra Prakash Ramsisaria ceased to be Director.
Appointed
Manoj Ramsisaria was appointed as Director.
Ceased
Manoj Kumar Jain ceased to be Director.

11 earlier events are in the company report.

Frequently asked questions

Midcon Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in parking management, within the business services industry. It was incorporated on 25 July 2001 (25+ years old) and is registered under CIN U24132KA2001PTC061131.

Midcon Polymers has 2 current directors:

The latest financial statements of Midcon Polymers 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 2015 are in the company report.

No. Midcon Polymers has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Midcon Polymers is U24132KA2001PTC061131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Midcon Polymers was incorporated on 25 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.

Bimla Devi Ramsisaria ceased to be Director on 09 Mar 2021. Jayanti Ramsisaria was appointed as Director on 08 Mar 2021. Chandra Prakash Ramsisaria ceased to be Director on 17 Feb 2014. Midcon Polymers has 12 board changes on record in total.

Yes, Midcon Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0250460).

The registered office of Midcon Polymers is at Flat No 83 DadlaniS Mansion 3rd Floor Site No. 69 Kh Road, Bangalore, Karnataka, India – 560027.

Midcon Polymers operates in the business services industry, in the parking management segment.