Midwest Gold Limited - Company Profile

It is a metals and minerals public limited company based in Hyderabad, Telangana, India, established in 1990.
1990 Hyderabad, Telangana, India Active
Last Updated:
Access Report
About Midwest Gold Limited

Midwest Gold Limited, a active public limited company, was established on 20 November 1990 in Hyderabad, Telangana, India. Engaging in mining & mineral extraction within the mining and quarrying sector, it holds CIN: L13200TG1990PLC163511. Registered under ROC Roc Hyderabad. it is listed on BSE: 526570. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹12.05 Cr.

Formerly known as Nova Granites (India) Limited. It upholds a compliant status. Its leadership includes Deepak Kukreti (Whole-Time Director), Rajyalakshmi Ankireddy (Director), Bhaskararao Gadipudi (Director). Past directors included Kukreti Soumya, Radhakrishnan Subiramanian, Deepak Kukreti. It holds ₹54.60 Cr open charges and ₹67.82 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1St Floor, H.No.8-2-684/3/25 & 26 Road No.12, Banjara Hills, Hyderabad, Telangana, 500034.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L13200TG1990PLC163511

  • Registration Number

    163511

  • Incorporation Date

    20 November 1990

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹12.05 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Listed (BSE: 526570)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 12.05 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 54.60 Cr
  • Satisfied Charges ₹ 67.82 Cr
  • Revenue Growth **** 606.76%
  • Profit Growth **** -493.24%
  • Ebitda **** -272.82%
  • Net Worth -85.64%
  • Total Assets -43.94%
Company report

Midwest Gold Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

Access Report Banner Element
Who are the key members and board of directors at Midwest Gold Limited?
Current Directors
Name Designation Appointment Date Status
Deepak Kukreti Whole-Time Director 15 Oct 2010 Current
Rajyalakshmi Ankireddy Director 27 Nov 2020 Current
Bhaskararao Gadipudi Director 12 Feb 2022 Current
Rao Sasikanth Director 23 May 2019 Current
Kothamasu Sri Surya Pratap Director 14 Nov 2022 Current
Satyanarayana Raju Baladari Whole-Time Director 18 Oct 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Nov 2020 Past
Pramod Abcsdd Director 28 Sep 2014 Past
Pramod Abcsdd Director 28 Oct 2016 Past
Pramod Abcsdd Additional Director 17 Sep 2021 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 01 Apr 2010 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Midwest Gold.

Midwest Gold Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 606.76% increase. The company also saw a substantial fall in profitability, with a 493.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 85.64%.

Midwest Gold revenue growth over time
Midwest Gold 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
********
 606.76%
*******
*******
*******
*******
Revenue from Operations
*******
 1317.25%
*******
*******
*******
*******
Total Assets
*******
 -43.94%
*******
*******
*******
*******
Profit or Loss
*******
 -493.24%
*******
*******
*******
*******
Net Worth
*******
 -85.64%
*******
*******
*******
*******
EBITDA
*******
 -272.82%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Midwest Gold?

In 2023, Midwest Gold had a promoter holding of 72.03% and a public holding of 27.97%. 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹546,000,000.00

Satisfied Charges

₹678,200,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 53.50 Cr
  • Idbi Bank Ltd. : 0.60 Cr
  • State Bank Of India : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
01 Sep 2025 Canara Bank ₹53.50 Cr Open
29 Mar 1998 Idbi Bank Ltd. ₹6.00 M Open
26 Mar 1993 State Bank Of India ₹5.00 M Open
06 Jun 2012 Hdfc Bank Limited ₹50.12 Cr Satisfied
26 Dec 2009 Kotak Mahindra Bank Limited ₹12.75 Cr Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Midwest Gold?

Unlock and access historical data on people associated with Midwest Gold, 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 Midwest Gold, 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 Midwest Gold'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Midwest Gold
Recent Activity within the Organization
  • Annual General Meeting

    The activity Midwest Gold Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 53.50 Cr with Charge ID 101156768 was registered on 01 Sep 2025. was completed.

  • Charges

    Progress on A charge registered on 06 Jun 2012 via Charge ID 10359037 with Hdfc Bank Limited was fully satisfied on 04 Jun 2025. was documented.

  • Director Appointment

    Palepu Ramakrishna Venkatachala was appointed as a CFO was appointed as a CFO on 11 Apr 2025 & has been associated with this company since 10 months 2 days . was recorded as a recent event.

  • Director Appointment

    The activity Somasekhar Reddy Bhimavarapu was appointed as a Director was appointed as a Director on 10 Apr 2025 & has been associated with this company since 10 months 3 days . was completed.

  • Balance Sheet

    The activity Midwest Gold Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Midwest Gold Limited?

The CIN of Midwest Gold Limited is L13200TG1990PLC163511.

Where is Midwest Gold Limited headquartered?

Midwest Gold Limited is headquartered at 1St Floor, H.No.8-2-684/3/25 & 26 Road No.12, Banjara Hills, Hyderabad, Telangana, 500034.

When was Midwest Gold Limited incorporated?

Midwest Gold Limited was incorporated on 20 November 1990.

Who are the current directors of Midwest Gold Limited?

The current directors of Midwest Gold Limited are

What is the primary industry of Midwest Gold Limited?

The primary industry of Midwest Gold Limited is Mining And Quarrying.

Is Midwest Gold Limited a listed company?

Midwest Gold Limited is listed. It is listed on BSE: 526570.

What is the capital structure of Midwest Gold Limited?

The authorized capital of Midwest Gold Limited is ₹20.00 Cr, and the paid-up capital is ₹12.05 Cr.

What is the compliance status of Midwest Gold Limited?

The compliance status of Midwest Gold Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available