About Midfield Industries Limited
Data last updated:
Midfield Industries Limited is a public limited company based in Hyderabad, Telangana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 08 June 1990.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27109TG1990PLC011353. Its GSTIN is 27AAACM9490M3ZR (Maharashtra). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹12.82 Cr. It was formerly known as Midfield Industries Private Limited and Midfield Steels Pvt. Ltd. It is led by directors including Maramreddy Madhu Mohan Reddy (Managing Director) and Uriti Srikanth (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office is at Plot No.6 Phase IV Extn Ida Jeedimetla, Hyderabad, Telangana, India – 500055.
The company is associated with 1 brand: Midfield Industries. As per MCA filings, the company has open charges of ₹71.83 Cr and satisfied charges of ₹22.01 Cr on record. Court records list 115 cases involving the company, including 81 filed by the company and 34 filed against it; 25 cases are pending. The company has 67 deals on record (66 market trades, 1 ipo); the latest was in February 2013.
The last known website on record is midfieldindustries.com.
Company details
Name history
Midfield Industries has undergone 2 name changes throughout its history. The company was previously known as Midfield Industries Private Limited, and Midfield Steels Pvt. Ltd.. The current legal name is Midfield Industries Limited.
| Company Name | Status |
|---|---|
| Midfield Industries Limited | Current |
| Midfield Industries Private Limited | Previous |
| Midfield Steels Pvt. Ltd. | Previous |
CIN history
Midfield Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27109TG1990PLC011353, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109TG1990PLC011353 | Current |
| U27109AP1990PTC011353 | Previous |
| U27109AP1990PLC011353 | Previous |
Contact details
Midfield Industries Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPlot No.6 Phase IV Extn Ida Jeedimetla, Hyderabad, Telangana, India – 500055
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
Midfield Industries operates one associated brand: Midfield Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of steel products | midfieldindustries.com |
Financials of Midfield Industries Limited
FY 2011 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Midfield Industries Limited, buy the company report.
Board of directors of Midfield Industries Limited
Midfield Industries has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uriti Srikanth | Whole-Time Director | 19 Mar 2012 | 14 Years 7 Months | As last reported |
| Rajaraju Kothapalli | Director | 15 Feb 2007 | 19 Years 8 Months | As last reported |
| Ashok Kolla Kumar | Director | 25 Jul 2007 | 19 Years 2 Months | As last reported |
| Kumar Madasa | Irp/Rp/Liquidator | 24 May 2024 | 2 Years 5 Months | As last reported |
| Maramreddy Madhu Mohan Reddy | Managing Director | 01 Jul 1998 | 28 Years 3 Months | As last reported |
| Kannuri Naidu Rajesh | Additional Director | 10 Jul 2013 | 13 Years 3 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2010 | 10258590 | State Bank of Hyderabad | ₹15.87 Cr | Open | |
| 22 Jun 2005 | 90139524 | Axis Bank Limited | ₹15 Cr | Open | |
| 13 Aug 1999 | 90138141 | State Bank of India | ₹97.5 Lakh | Open | |
| 28 Jan 1999 | 90138096 | State Bank of India | ₹39.98 Cr | Open | |
| 16 May 2009 | 10157626 | S. E. Investments Limited | ₹3.5 Cr | Satisfied |
To see the full charge records of Midfield Industries Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Midfield Industries Limited has 67 deals on record (66 market trades, 1 ipo); the latest was in February 2013.
Deals on record (5 of 67)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2012 | Market trade | ₹28.1 Lakh | Buyer: an individual Seller: Paisalo Digital Limited |
| Dec 2012 | Market trade | ₹27.2 Lakh | Seller: Paisalo Digital Limited |
| Oct 2012 | Market trade | ₹23.4 Lakh | Seller: Paisalo Digital Limited |
| Mar 2012 | Market trade | ₹42.5 Lakh | Buyer: an individual Seller: Blue Square Corporate Services Private Limited |
| Nov 2011 | Market trade | ₹1.19 Cr | Buyer: Elcon Investment Seller: Avichal Securities Private Limited , Elcon Investment |
To see the full deal history of Midfield Industries 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
Midfield Industries Limited has 115 court cases on record: 81 filed by Midfield Industries, 34 filed against it. 25 cases are pending and 90 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 85 | 25 | 7 |
| High courts | 28 | 8 | 17 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 115)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Appeal | Filed against the company by M/S.Pennar Industries Limited., Hyd., | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Innoventive Industries Ltd.Through Sharad Jambhale | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Saicon Steels Private Limited Through Mr. Kamlesh Yadav | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms. Viraj Impex Private Ltd Th. Mr. Jasmin Lalit Sheth | Pending |
| High Court | Civil suit | Filed against the company by Shri Bihariji Cold Rollers Pvt. Ltd. & Anr. | Pending |
To see the full case history of Midfield Industries 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 Midfield Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midfield Industries has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM9490M3ZR | Maharashtra | Active | 09 Jan 2018 |
To see the full GST registrations and return filing status of Midfield Industries Limited, buy the company report.
Recent activity
Midfield Industries Limited has 15 board changes on record since 1998: 7 appointments and 8 cessations. The latest: Kumar Madasa was appointed as Irp/Rp/Liquidator on 24 May 2024.
23 earlier events are in the company report.
Frequently asked questions
Midfield Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Midfield Industries is a company under insolvency, formerly operating as a public limited company based in Hyderabad, Telangana, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 08 June 1990 and is registered under CIN U27109TG1990PLC011353. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Midfield Industries has 7 current directors:
- Maramreddy Madhu Mohan Reddy - Managing Director
- Uriti Srikanth - Whole-Time Director
- Rajaraju Kothapalli - Director
- Ashok Kolla Kumar - Director
- Kannuri Naidu Rajesh - Additional Director
- Sridhar Reddy Gaddam - Additional Director
- Kumar Madasa - Irp/Rp/Liquidator
The latest financial statements of Midfield Industries on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 23 September 2011. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Midfield Industries is U27109TG1990PLC011353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midfield Industries has open charges of ₹71.83 Cr and satisfied charges of ₹22.01 Cr as per latest MCA filings.
Midfield Industries has 115 court cases on record: 81 filed by the company and 34 filed against it. 25 are pending. Most are in the district courts.
Midfield Industries was incorporated on 08 June 1990. It is registered with the Registrar of Companies, Hyderabad.
Midfield Industries has 67 deals on record (66 market trades, 1 ipo); the latest was in February 2013.
Kumar Madasa was appointed as Irp/Rp/Liquidator on 24 May 2024. Kannuri Naidu Rajesh was appointed as Additional Director on 10 Jul 2013. Sridhar Reddy Gaddam was appointed as Additional Director on 10 Jul 2013. Midfield Industries has 15 board changes on record in total.