About Midilan India Private Limited
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Midilan India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Chipita India Cyprus Limited. It operates in the bakery and confectionery products segment of the food and beverages sector. It was incorporated on 22 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U15400HR2012FTC046317. Its GSTIN is 27AAECC8840P1Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹107.1 Cr and a paid-up capital of ₹65.33 Cr. It is led by directors including Panagiotis Petros Filoxenidis and Mahesh Balkrishna Shenoy.
Its last annual general meeting (AGM) was held on 28 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 335 Udyog Vihar Phase – IV, Gurgaon, Haryana, India – 122015.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.29 Lakh (net margin 1.5%) and EBITDA of -₹1.71 Cr (EBITDA margin -79.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 33% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Chipita. As per MCA filings, the company has open charges of ₹6.2 Lakh and satisfied charges of ₹2.4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chipita.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address335 Udyog Vihar Phase – IV, Gurgaon, Haryana, India – 122015
- IndustryFood and Beverages, Bakery & Confectionery Products
- 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
- One PDF report, delivered after checkout
Associated Brands with Midilan India Private Limited
Midilan India operates one associated brand: Chipita. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Producing and marketing savoury snacks | chipita.com |
Financials of Midilan India Private Limited FY 2024 filings available
Midilan India Private Limited reported revenue of ₹2.16 Cr (up 5152% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Midilan India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years. 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 of Midilan India Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.16 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.29 Lakh | •••• | •••• | •••• | •••• |
| 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 of Midilan India Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -79.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Midilan India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Midilan India Private Limited
Midilan India has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Panagiotis Petros Filoxenidis | Director | 28 Mar 2016 | 10 Years 6 Months | Current |
| Mahesh Balkrishna Shenoy Also directs: Lubrimetal India Private Limited, Las Dholera Private Limited, Las Goldair Handling (Bagdogra) Private Limited and 5 more | Director | 10 Dec 2019 | 6 Years 10 Months | Current |
| Antonios Pouftis | Director | 17 Jun 2014 | 12 Years 4 Months | Current |
| Spyridon Theodoropoulos Also directs: Britchip Foods Limited | Director | 28 Mar 2016 | 10 Years 6 Months | Current |
Auditor Details of Midilan India Private Limited
Midilan India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Midilan India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Midilan India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2016 | Others | ₹5 Lakh | Open |
| 29 Jul 2015 | Others | ₹1.2 Lakh | Open |
| 11 May 2015 | Kotak Mahindra Bank Ltd | ₹1.2 Lakh | Satisfied |
| 03 Mar 2015 | Ing Vysya Bank Limited | ₹1.2 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Midilan India Private Limited
Midilan India Private Limited has a workforce of 1 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Midilan India Private Limited
Midilan India Private Limited has 15 board changes on record since 2014: 5 appointments and 10 cessations. The latest: Shifan Altaf Halai was appointed as Company Secretary on 03 Dec 2024.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Midilan India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Midilan India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Midilan India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Midilan India Private Limited
Midilan India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC8840P1Z1 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Midilan India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Midilan India Private Limited
Frequently Asked Questions about Midilan India Private Limited
Midilan India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in bakery and confectionery products, within the food and beverages industry. It was incorporated on 22 June 2012 (14+ years old) and is registered under CIN U15400HR2012FTC046317.
Midilan India reported revenue of ₹2.16 Cr for FY 2020 (up 5152% YoY).
Midilan India has 4 current directors:
- Panagiotis Petros Filoxenidis - Director
- Mahesh Balkrishna Shenoy - Director
- Antonios Pouftis - Director
- Spyridon Theodoropoulos - Director
Midilan India reported a net profit of ₹3.29 Lakh (net margin 1.5%) and EBITDA of -₹1.71 Cr (EBITDA margin -79.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midilan India is -19% over three years and -33% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midilan India is 27AAECC8840P1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Midilan India is U15400HR2012FTC046317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midilan India was incorporated on 22 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Haryana.
Shifan Altaf Halai was appointed as Company Secretary on 03 Dec 2024. Theodoros Fourlas ceased to be Director on 18 May 2022. Mahesh Balkrishna Shenoy ceased to be Additional Director on 30 Sep 2020. Midilan India has 15 board changes on record in total.
Midilan India can be reached through the website chipita.com. Its registered office is in Gurgaon, Haryana, India.