- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0003457

About Midday Infomedia Limited
Data last updated:
Midday Infomedia Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Jagran Prakashan Limited. It operates in the media and content distribution segment of the media and publishing sector. It was incorporated on 16 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22130MH2008PLC177808. Its GSTIN is 27AAFCM4778H1Z2 (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹29.87 Cr. It is led by directors including Vikas Joshi (Managing Director) and Vikram Sakhuja.
Its last annual general meeting (AGM) was held on 26 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor Rna Corporate Park Kalanagar Near Chetana College Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.6 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹1.68 Cr (net margin -2.4%) and EBITDA of ₹3.43 Cr (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 4% over five years.
The company has about 344 employees on its provident fund (EPFO) records.
The company is associated with 4 brands: Mid-Day Infomedia, Inquilab, Midday Infomedia and MiD DAY. As per MCA filings, the company has open charges of ₹9.2 Cr and satisfied charges of ₹133.44 Cr on record. Court records list 68 cases involving the company, including 14 filed by the company and 54 filed against it; 24 cases are pending. The company has 7 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹16.81 Cr; the latest was in October 2020. The company has 5 MSME Form 1 returns on record between 2020 and 2022, listing 80 overdue payments to 19 micro and small suppliers.
Midday Infomedia Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0003457). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mid-day.com.
Company details
Recognitions & Rankings of Midday Infomedia
Contact details
Midday Infomedia Limited's registered office is in Mumbai, Maharashtra. Its website is mid-day.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address6th Floor Rna Corporate Park Kalanagar Near Chetana College Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryMedia and Publishing, Media & Content Distribution
To see the full contact details of Midday Infomedia 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
Brands
Midday Infomedia operates multiple associated brands including Mid-Day Infomedia, Inquilab, and Midday Infomedia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| News publication offering local, national, and entertainment updates. | gujaratimidday.com | |
| News publishing and digital media services in India. | inquilab.com | |
| News publishing, digital content, and media services in India. | mid-day.com | |
| Provider of daily newspaper | middayinfomedia.com |
Business activity
The main business activity of Midday Infomedia is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Midday Infomedia Limited, buy the company report.
Financials of Midday Infomedia Limited
FY 2025 filings availableMidday Infomedia Limited reported revenue of ₹68.6 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 3% fall in the latest year. EBITDA fell 49% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | 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 | ₹3.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.68 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | -2.4% | ||||
| 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 Midday Infomedia Limited, buy the company report.
Board of directors and KMP of Midday Infomedia Limited
Midday Infomedia Limited currently reports 5 directors and 1 key managerial person. 24 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Sakhuja Also directs: Audit Bureau of Circulations, Media Research Users Council India, Platinum Communications Private Limited and 5 more | Director | 28 Jan 2025 | 1 Years 8 Months | Current |
| Shailesh Gupta Also directs: Jagran Prakashan Limited, Mmi Online Limited, The Indian Newspaper Society. and 5 more | Director | 31 Mar 2011 | 15 Years 6 Months | Current |
| Rajeshri Jaywant Bolaikar | Cfo | 20 Oct 2022 | 4 Years 0 Months | Current |
| Sanjay Gupta Also directs: Sanjay Dhruv Mohan Investment Consultants LLP, Multiples Private Equity Fund II LLP, Jagran Prakashan Limited and 4 more | Director | 31 Mar 2011 | 15 Years 6 Months | Current |
| Anita Nayyar Also directs: Jagran Prakashan Limited, Music Broadcast Limited | Director | 22 Jul 2021 | 5 Years 3 Months | Current |
| Vikas Joshi | Managing Director | 26 Jul 2022 | 4 Years 2 Months | Current |
Auditor
Midday Infomedia Limited is audited by S. P. CHOPRA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. P. CHOPRA & CO. | FY 2024 | 000346N |
Shareholding
The shareholding of Midday Infomedia Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Midday Infomedia Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2024 | 100987689 | Others | ₹9.2 Cr | Open | |
| 16 Mar 2022 | 100566214 | Standard Chartered Bank | ₹8 Cr | Satisfied | |
| 24 Jan 2020 | 100319692 | Others | ₹35 Cr | Satisfied | |
| 30 Nov 2019 | 100312322 | Hdfc Bank Limited | ₹15 Cr | Satisfied | |
| 09 Oct 2015 | 10600680 | Yes Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Midday Infomedia Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Midday Infomedia Limited has 7 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹16.81 Cr; the latest was in October 2020.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Rights issue | ₹20 Cr | Investors: Jagran Prakashan Limited |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: Jagran Prakashan Limited Seller: Ferari Investments and Trading Company Private Limited |
| Feb 2013 | Rights issue | ₹15 Cr | Investors: Jagran Prakashan Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Jagran Prakashan Limited Seller: Mid-day Multimedia Limited |
| Jul 2010 | Acquisition | ₹25 Cr | Buyer: Jagran Prakashan Limited |
To see the full deal history of Midday Infomedia Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Midday Infomedia Limited has 68 court cases on record: 14 filed by Midday Infomedia, 54 filed against it. 24 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 25 | 13 |
| High courts | 33 | 29 | 11 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 68)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RES) | Filed by the company against Maharashtra Theatres Private Limited and 5 others | Pending |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Dharma Productions Pvt.Ltd. and Anr. and 1 other | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Pooja Piyush Kabra the Official Liquidator of Noble Publicity Services Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Crown Veterinary Services Pvt. Ltd. and 2 Ors. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Noble Publicity Service Pvt Ltd | Disposed |
To see the full case history of Midday Infomedia 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.
Credit ratings & regulatory alerts
Midday Infomedia Limited was last rated by Crisil on 22 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Apr 2020 |
To see the full credit ratings and regulatory alerts of Midday Infomedia Limited, buy the company report.
MSME payment delays
Midday Infomedia Limited has 5 MSME Form 1 returns on record between 2020 and 2022, listing 80 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Genxai Analytics Limited | |||
| an individual supplier |
To see the full MSME payment records of Midday Infomedia Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Midday Infomedia Limited has a workforce of 344 employees on its EPFO records as of Mar 30, 2024, across 2 active EPFO establishments.
GST
Midday Infomedia has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM4778H1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midday Infomedia Limited, buy the company report.
Recent activity
Midday Infomedia Limited has 27 board changes on record since 2011: 6 appointments and 21 cessations. The latest: Vikram Sakhuja ceased to be Additional Director on 25 Jun 2025.
34 earlier events are in the company report.
Frequently asked questions
Midday Infomedia is an active public limited company based in Mumbai, Maharashtra, India. The company works in media and content distribution, within the media and publishing industry. It was incorporated on 16 January 2008 (18+ years old) and is registered under CIN U22130MH2008PLC177808.
Midday Infomedia has 6 current directors and KMP:
- Vikas Joshi - Managing Director
- Vikram Sakhuja - Director
- Shailesh Gupta - Director
- Sanjay Gupta - Director
- Anita Nayyar - Director
- Rajeshri Jaywant Bolaikar - Cfo
The latest financial statements of Midday Infomedia on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Midday Infomedia is 27AAFCM4778H1Z2, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Midday Infomedia is U22130MH2008PLC177808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midday Infomedia has 68 court cases on record: 14 filed by the company and 54 filed against it. 24 are pending. Most are in the district courts.
Midday Infomedia was incorporated on 16 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Midday Infomedia has 7 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹16.81 Cr; the latest was in October 2020.
Vikram Sakhuja ceased to be Additional Director on 25 Jun 2025. Vikram Sakhuja was appointed as Director on 28 Jan 2025. Rajeshri Jaywant Bolaikar was appointed as CFO on 20 Oct 2022. Midday Infomedia has 27 board changes on record in total.
Yes, Midday Infomedia is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0003457).
Midday Infomedia has 5 MSME Form 1 returns on record between 2020 and 2022, listing 80 overdue payments to 19 micro and small suppliers. The latest return was filed on 13 Nov 2022.