Mid-East Petrochemicals Limited - Company Profile

It is a chemicals and materials public limited company based in Bangalore, Karnataka, India, established in 1996.
1996 Bangalore, Karnataka, India Active
Last Updated:
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About Mid-East Petrochemicals Limited

Mid-East Petrochemicals Limited, a active public limited company, was established on 02 September 1996 in Bangalore, Karnataka, India. Engaging in petrochemicals & derivatives within the chemicals and materials sector, it holds CIN: U85110KA1996PLC021077. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.97 M.

It upholds a compliant status. Its leadership includes Vineet Daga (Director), Vikas Kumar Daga (Director), Vimal Chand Daga (Director). Past directors included Dhiraj Kumar Daga, Rakesh Kumar Daga, Dhanraj Daga. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 519, 4Th Block, 12Th Main, 1St Cross, Koramangala, Bangalore, Karnataka, 560034.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA1996PLC021077

  • Registration Number

    021077

  • Incorporation Date

    02 September 1996

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.97 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.97 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** %
  • Profit Growth **** 73.34%
  • Ebitda **** -35.66%
  • Net Worth -0.46%
  • Total Assets -0.01%
Company report

Mid-East Petrochemicals Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mid-East Petrochemicals Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mid-East Petrochemicals Limited?
Current Directors
Name Designation Appointment Date Status
Vineet Daga Director 05 Nov 2008 Current
Vikas Kumar Daga Director 02 Jul 2008 Current
Vimal Chand Daga Director 05 Nov 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Nov 2008 Past
Pramod Abcsdd Director 06 Nov 2008 Past
Pramod Abcsdd Director 06 Nov 2008 Past

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Financial Performance of Mid-East Petrochemicals.

Mid-East Petrochemicals Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 73.34% increase in profit. The company's net worth dipped by a decrease of 0.46%.

Mid-East Petrochemicals revenue growth over time
Mid-East Petrochemicals profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -0.01%
*******
*******
*******
*******
Profit or Loss
*******
 73.34%
*******
*******
*******
*******
Net Worth
*******
 -0.46%
*******
*******
*******
*******
EBITDA
*******
 -35.66%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mid-East Petrochemicals?

In 2017, Mid-East Petrochemicals had a promoter holding of 76.78% and a public holding of 23.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Mid-East Petrochemicals?

Unlock and access historical data on people associated with Mid-East Petrochemicals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mid-East Petrochemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mid-East Petrochemicals's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mid-East Petrochemicals
Recent Activity within the Organization
  • Annual General Meeting

    Mid-East Petrochemicals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Mid-East Petrochemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Vineet Daga was appointed as a Director was appointed as a Director on 05 Nov 2008 & has been associated with this company since 17 years 3 months . was documented.

  • Director Appointment

    Progress on Vimal Chand Daga was appointed as a Director was appointed as a Director on 05 Nov 2008 & has been associated with this company since 17 years 3 months . was documented.

  • Director Appointment

    The activity Vikas Kumar Daga was appointed as a Director was appointed as a Director on 02 Jul 2008 & has been associated with this company since 17 years 7 months . was completed.

  • Company Incorporation

    Progress on Mid-East Petrochemicals Limited was registered on 02 Sep 1996 with Roc Bangalore & aged 29 years 5 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Mid-East Petrochemicals Limited?

The CIN of Mid-East Petrochemicals Limited is U85110KA1996PLC021077.

Where is Mid-East Petrochemicals Limited headquartered?

Mid-East Petrochemicals Limited is headquartered at 519, 4Th Block, 12Th Main, 1St Cross, Koramangala, Bangalore, Karnataka, 560034.

When was Mid-East Petrochemicals Limited incorporated?

Mid-East Petrochemicals Limited was incorporated on 02 September 1996.

Who are the current directors of Mid-East Petrochemicals Limited?

The current directors of Mid-East Petrochemicals Limited are

What is the primary industry of Mid-East Petrochemicals Limited?

The primary industry of Mid-East Petrochemicals Limited is Chemicals And Materials.

Is Mid-East Petrochemicals Limited a listed company?

Mid-East Petrochemicals Limited is unlisted.

What is the capital structure of Mid-East Petrochemicals Limited?

The authorized capital of Mid-East Petrochemicals Limited is ₹1.00 Cr, and the paid-up capital is ₹3.97 M.

What is the compliance status of Mid-East Petrochemicals Limited?

The compliance status of Mid-East Petrochemicals Limited is Compliant.

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