About Middleway Markets Private Limited
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Middleway Markets Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial auxiliary services segment of the financial services sector. It was incorporated on 07 September 2018.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2018PTC116167. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors including Vivek Vasudevan (Managing Director) and Arjun Narsipur.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No. 1192 22nd Cross 24th Main Road 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.59 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹29,088 (net margin -18.3%) and EBITDA of -₹24,588 (EBITDA margin -15.4%).
The last known website on record is middlewaymarkets.com.
Company details
Contact details
Middleway Markets Private Limited's registered office is in Bangalore, Karnataka. Its website is middlewaymarkets.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 1192 22nd Cross 24th Main Road 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Middleway Markets Private 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
Financials of Middleway Markets Private Limited
FY 2023 filings availableMiddleway Markets Private Limited reported revenue of ₹1.59 Lakh (up 33% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.59 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹24,588 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹29,088 | |
| 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -15.4% | |
| Net Profit Margin | -18.3% | |
| 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 Middleway Markets Private Limited, buy the company report.
Board of directors of Middleway Markets Private Limited
Middleway Markets has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Narsipur Also directs: Agreya Capital Advisors LLP, Fat Tail Ventures LLP | Director | 07 Sep 2018 | 8 Years 1 Months | As last reported |
| Vivek Vasudevan Also directs: Agreya Capital Advisors LLP, Fat Tail Ventures LLP, Factorlab Capital Services Private Limited and 1 more | Managing Director | 07 Sep 2018 | 8 Years 1 Months | As last reported |
| Mahadanapuram Venkatachalam Krishnan | Director | 07 Sep 2018 | 8 Years 1 Months | As last reported |
Legal cases
No court or tribunal cases involving Middleway Markets Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Middleway Markets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Middleway Markets has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Middleway Markets Private Limited, buy the company report.
Recent activity
Middleway Markets Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Vivek Vasudevan ceased to be Director on 01 Oct 2018.
Frequently asked questions
Middleway Markets has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Middleway Markets was a private limited company based in Bangalore, Karnataka, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 07 September 2018 and is registered under CIN U67190KA2018PTC116167. The company has been struck off by the Registrar of Companies and is no longer operational.
Middleway Markets had 3 directors:
- Vivek Vasudevan - Managing Director
- Arjun Narsipur - Director
- Mahadanapuram Venkatachalam Krishnan - Director
The CIN (Corporate Identification Number) of Middleway Markets is U67190KA2018PTC116167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Middleway Markets is at No. 1192 22nd Cross 24th Main Road 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
Middleway Markets was incorporated on 07 September 2018. It is registered with the Registrar of Companies, Bangalore.
Middleway Markets can be reached through the website middlewaymarkets.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Middleway Markets on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
No. Middleway Markets has 1 GST registration on record and it is cancelled or inactive.
Middleway Markets operated in the financial services industry, in the auxiliary to financial intermediatory segment. It worked in this industry before it was struck off.
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