Midwest Gold Limited Company Logo

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:

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 ₹11.05 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 2024, with the balance sheet filed on 31 March 2024. It is based at 1St Floor, H.No.8-2-684/3/25 & 26 Road No.12, Banjara Hills, Hyderabad, Telangana, 500034.

Company Details

  • CIN/LLPIN

    L13200TG1990PLC163511

  • Registration Number

    163511

  • Incorporation Date

    20 November 1990

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹11.05 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Listed (BSE: 526570)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 11.05 Cr
  • Company Age 35 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • 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

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.

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Who are the key members and board of directors at Midwest Gold Limited?

Current Directors

NameDesignationAppointment DateStatus
Deepak KukretiWhole-Time Director15 Oct 2010Current
Rajyalakshmi AnkireddyDirector27 Nov 2020Current
Bhaskararao GadipudiDirector12 Feb 2022Current
Rao SasikanthDirector23 May 2019Current
Kothamasu Sri Surya PratapDirector14 Nov 2022Current
Satyanarayana Raju BaladariWhole-Time Director18 Oct 2008Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector27 Nov 2020Past
Pramod AbcsddDirector28 Sep 2014Past
Pramod AbcsddDirector28 Oct 2016Past
Pramod AbcsddAdditional Director17 Sep 2021Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector01 Apr 2010Past

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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
  • 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%

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 Indicator graph

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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

DateLenderAmountStatus
01 Sep 2025Canara Bank₹53.50 CrOpen
29 Mar 1998Idbi Bank Ltd.₹6.00 MOpen
26 Mar 1993State Bank Of India₹5.00 MOpen
06 Jun 2012Hdfc Bank Limited₹50.12 CrSatisfied
26 Dec 2009Kotak Mahindra Bank Limited₹12.75 CrSatisfied

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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 growth trends for Midwest Gold Limited

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.

Latest Updates, News, and FAQs on Midwest Gold

Recent Activity within the Organization

  • Charges

    A charge with Canara Bank amounted to Rs. 53.50 Cr with Charge ID 101156768 was registered on 01 Sep 2025. was recorded as a recent event.

  • Charges

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

  • 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 7 months 18 days . was recorded as a recent event.

  • Director Appointment

    Somasekhar Reddy Bhimavarapu was appointed as a Director was appointed as a Director on 10 Apr 2025 & has been associated with this company since 7 months 19 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Midwest Gold Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Midwest Gold Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was completed.

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 ₹11.05 Cr.

  • What is the compliance status of Midwest Gold Limited?

    The compliance status of Midwest Gold Limited is Compliant.

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