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About Mideast (India) Limited
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Mideast (India) Limited is a public limited company based in New Delhi, Delhi, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 28 July 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L63090DL1977PLC008684. Its GSTIN is 07AAACM0319F1Z0 (Delhi). The company holds 2 GST registrations, all of them active. It is recorded as listed by MCA, but its shares were delisted from BSE on 24 Feb 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹50.26 Cr. It is led by directors including Hawa Singh Chahar and Rita Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No. 158 Defence Colony Flyover Market (North Of Railway Line), New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2021, the company reported a revenue of ₹37.65 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹19.9 Cr and EBITDA of ₹31.81 Lakh (EBITDA margin 84.5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 5% over five years.
The company is associated with 1 brand: Mideastindialtd. Court records list 46 cases involving the company, including 11 filed by the company and 35 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mideastindialtd.com.
Company details
Contact details
Mideast (India) Limited's registered office is in New Delhi, Delhi. Its website is mideastindialtd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 158 Defence Colony Flyover Market (North Of Railway Line), New Delhi, Delhi, India – 110024
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Mideast (India) 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
Mideast (India) operates one associated brand: Mideastindialtd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engages in shipping business and trading operations in India as a limited company. | mideastindialtd.com |
Financials of Mideast (India) Limited
FY 2023 filings availableMideast (India) Limited reported revenue of ₹37.65 Lakh (down 92% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 92% fall in the latest year. EBITDA fell 93% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.65 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.9 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.5% | ||||
| Net Profit Margin | |||||
| 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 Mideast (India) Limited, buy the company report.
Board of directors of Mideast (India) Limited
Mideast (India) has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hawa Singh Chahar Also directs: Mesco Pharmaceuticals Limited | Director | 29 Sep 2016 | 10 Years 0 Months | Current |
| Rita Singh Also directs: Mideast Integrated Steels Limited, Mesco India Limited, Mesco Steels Limited and 5 more | Director | 28 Jul 1977 | 49 Years 2 Months | Current |
| Santram | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Manoj Kumar Pandey Also directs: M&M Aerospace Private Limited, Mesco GJD Aerospace Private Limited, Avika Airlines Private Limited and 1 more | Director | 18 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Mideast (India) Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B.N. Vijay Garments Private Limited | ₹40.02 Lakh (FY 2024) | 23.0% | Delhi, India | |||
| Citizen Shoes Private Limited | ₹39.93 Lakh (FY 2024) | 20.0% | New Delhi, Delhi, India | |||
| Lederwaren Fashion House Private Limited | ₹39.56 Lakh (FY 2024) | 63.0% | Kolkata, West Bengal, India | |||
| Hidecart Exim Private Limited | ₹39.33 Lakh (FY 2024) | -79.0% | Kolkata, West Bengal, India | |||
| Dhankuti Fashion Private Limited | ₹38.05 Lakh (FY 2023) | -5.0% | Mumbai, Maharashtra, India | |||
| Mideast (India) Limitedthis company | ₹37.65 Lakh (FY 2021) | -₹19.9 Cr | -92.0% | New Delhi, Delhi, India | ||
| Brumario Leather Company Private Limited | ₹37.57 Lakh (FY 2016) | -89.0% | New Delhi, Delhi, India | |||
| Kaurub Exports Limited | ₹36.99 Lakh (FY 2024) | 5989.0% | New Delhi, Delhi, India | |||
| Kash Goldfilled Wallets & Bags Private Limited | ₹36.31 Lakh (FY 2021) | -48.0% | Mumbai, Maharashtra, India | |||
| Skin and Tex Private Limited | ₹36.2 Lakh (FY 2025) | 18000.0% | New Delhi, Delhi, India | |||
| Cordobano Private Limited | ₹35.72 Lakh (FY 2025) | 3479.0% | North 24 Parganas, West Bengal, India |
To see the full peer comparison of Mideast (India) Limited, buy the company report.
Auditor
Mideast (India) Limited is audited by N Dhawan & Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N Dhawan & Co | FY 2021 | 007095N |
Shareholding
The shareholding of Mideast (India) Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mideast (India) Limited, buy the company report.
Legal cases
Mideast (India) Limited has 46 court cases on record: 11 filed by Mideast (India), 35 filed against it. 3 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 23 | 0 |
| High courts | 22 | 12 | 3 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against CFM Asset Reconstruction Pvt. Ltd. and 2 others | Pending |
| High Court of Orissa | Writ petition | Filed against the company by CFM Asset Reconstruction Pvt. Ltd., Kolkata | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Gujarat Gas Financial Services Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Gujarat Gas Financial Services Ltd. | Disposed |
| High Court of Delhi | Appeal | Filed against the company by Lintas India P. Ltd. | Disposed |
To see the full case history of Mideast (India) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mideast (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mideast (India) has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
Mideast (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM0319F1Z0 | Delhi | Active | 29 Jul 2017 |
| 09AAACM0319F1ZW | Uttar Pradesh | Active | 26 May 2018 |
To see the full GST registrations and return filing status of Mideast (India) Limited, buy the company report.
Recent activity
Mideast (India) Limited has 14 board changes on record since 1977: 9 appointments and 5 cessations. The latest: Sameer Singh ceased to be Director on 06 Jan 2025.
5 earlier events are in the company report.
Frequently asked questions
Mideast (India) is an active public limited company based in New Delhi, Delhi, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 28 July 1977 (49+ years old) and is registered under CIN L63090DL1977PLC008684.
Mideast (India) has 4 current directors:
- Hawa Singh Chahar - Director
- Rita Singh - Director
- Santram - Director
- Manoj Kumar Pandey - Director
The latest financial statements of Mideast (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mideast (India) is 07AAACM0319F1Z0, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAACM0319F1ZW (Uttar Pradesh).
The CIN (Corporate Identification Number) of Mideast (India) is L63090DL1977PLC008684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mideast (India) is recorded as a listed company by MCA, but its shares were delisted from BSE on 24 Feb 2023 · compulsory delisting, and no longer trade on a stock exchange.
Mideast (India) has 46 court cases on record: 11 filed by the company and 35 filed against it. 3 are pending. Most are in the district courts.
Mideast (India) was incorporated on 28 July 1977, making it 49+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mideast (India) by revenue are B.N. Vijay Garments Private Limited, Citizen Shoes Private Limited, Lederwaren Fashion House Private Limited, Hidecart Exim Private Limited, Dhankuti Fashion Private Limited and 5 more, all in the Consumer Products industry (Leather Goods Manufacturers).
Sameer Singh ceased to be Director on 06 Jan 2025. Dushyant Kumar Singh was appointed as Additional Director on 20 Nov 2024. Rajesh Tibrewal ceased to be Director on 21 Aug 2024. Mideast (India) has 14 board changes on record in total.
Mideast (India) can be reached through the website mideastindialtd.com. Its registered office is in New Delhi, Delhi, India.