About Miditech Private Limited
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Miditech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 31 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U92112DL1997PTC088847. Its GSTIN is 07AABCM0134B2Z9 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹9.96 Cr. It is led by directors Niret Alva and Nikhil Alva.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 261/1 Main Road Chattarpur New Delhi 110074, Delhi, India – 110074.
As per the financials filed for FY 2018, the company reported a revenue of ₹40.96 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹58.42 Lakh (net margin -142.6%) and EBITDA of -₹55.86 Lakh (EBITDA margin -136.4%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹14.11 Cr and satisfied charges of ₹13 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹13.01 Cr; the latest was in September 2017.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website miditech.tv.
Company details
Contact details
Miditech Private Limited's registered office is in New Delhi, Delhi. Its website is miditech.tv. Its e-mail address is in the company report.
- Email
- Website
- Registered Address261/1 Main Road Chattarpur New Delhi 110074, Delhi, India – 110074
- IndustryMedia and Publishing, Film & Digital Content Production
To see the full contact details of Miditech 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
Business activity
The main business activity of Miditech is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Miditech Private Limited, buy the company report.
Financials of Miditech Private Limited
FY 2018 filings availableMiditech Private Limited reported revenue of ₹40.96 Lakh (down 78% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over three years, including a 78% fall in the latest year. EBITDA fell 259% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹40.96 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹55.86 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹58.42 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -136.4% | |||
| Net Profit Margin | -142.6% | |||
| 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 Miditech Private Limited, buy the company report.
Board of directors of Miditech Private Limited
Miditech has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niret Alva Also directs: Alva Brothers Entertainment Private Limited, Miditech Studios Private Limited, Matchbox Films Private Limited and 1 more | Director | 31 Jul 1997 | 29 Years 2 Months | Current |
| Nikhil Alva | Director | 31 Jul 1997 | 29 Years 2 Months | Current |
Auditor
Miditech Private Limited is audited by SURI & SUDHIR for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURI & SUDHIR | FY 2018 | 000601N |
Shareholding
The shareholding of Miditech Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Miditech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2006 | 10006455 | Icici Bank Ltd | ₹11.38 Lakh | Open | |
| 28 May 2002 | 80032462 | Canara Bank | ₹14 Cr | Open | |
| 28 Dec 2007 | 10084822 | Kotak Mahindra Bank Limited | ₹13 Cr | Satisfied |
To see the full charge records of Miditech Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Miditech Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹13.01 Cr; the latest was in September 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Alva Brothers Entertainment Private Limited |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Alva Brothers Entertainment Private Limited Seller: an individual |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Alva Brothers Entertainment Private Limited , an individual Seller: Turner Asia Pacific Venture Inc., Alva Brothers Entertainment Private Limited |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Alva Brothers Entertainment Private Limited , Turner Asia Pacific Venture Inc. Seller: ICICI Trusteeship Services Limted, 2 individuals |
| Mar 2008 | Funding round | ₹13.01 Cr | Investors: Turner Asia Pacific Venture Inc. |
To see the full deal history of Miditech Private 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
Miditech Private Limited has 6 court cases on record: 1 filed by Miditech, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by Unicorn Infosolutions Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Unicorn Infosolutions Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Unicorn Infosolutions Pvt.Ltd. | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Canara Bank & Ors | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Fidelis Management Consultants (P) Ltd. | Disposed |
To see the full case history of Miditech Private 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 Miditech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Miditech has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Seyon Productions Private Limited | U74900DL2010PTC210381 |
To see the full group structure of Miditech Private Limited, buy the company report.
Employees & EPFO
Miditech Private Limited has a workforce of 2 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Miditech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCM0134B2Z9 | Delhi | Active | 03 Aug 2017 |
To see the full GST registrations and return filing status of Miditech Private Limited, buy the company report.
Recent activity
Miditech Private Limited has 15 board changes on record since 1997: 2 appointments and 13 cessations. The latest: Manira Alva Pinto ceased to be Whole-Time Director on 23 Jan 2015.
11 earlier events are in the company report.
Frequently asked questions
Miditech is an active private limited company based in New Delhi, Delhi, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 31 July 1997 (29+ years old) and is registered under CIN U92112DL1997PTC088847.
Miditech has 2 current directors:
- Niret Alva - Director
- Nikhil Alva - Director
The latest financial statements of Miditech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Miditech is 07AABCM0134B2Z9, registered in Delhi. 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 Miditech is U92112DL1997PTC088847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miditech has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the district courts.
Miditech was incorporated on 31 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Miditech has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹13.01 Cr; the latest was in September 2017.
Manira Alva Pinto ceased to be Whole-Time Director on 23 Jan 2015. Pria Somiah Alva ceased to be Whole-Time Director on 01 Oct 2014. Nikhil Alva ceased to be Additional Director on 30 Sep 2014. Miditech has 15 board changes on record in total.
Miditech can be reached through the website miditech.tv. Its registered office is in New Delhi, Delhi, India.