Midwest Hire Purchase Limitd - Company Profile

It is a financial services public limited company based in Hyderabad, Telangana, India, established in 1986.
1986 Hyderabad, Telangana, India Active
Last Updated:
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About Midwest Hire Purchase Limitd

Midwest Hire Purchase Limitd, a active public limited company, was established on 27 February 1986 in Hyderabad, Telangana, India. Engaging in diversified financial services within the financial services sector, it holds CIN: U65921TG1986PLC006208. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹2.05 Cr and a paid-up capital of ₹1.72 Cr.

Formerly known as Mid-West Hire Purchase Finance Limited. It upholds a compliant status. Its leadership includes Merugumala Venkata Siva Kumar (Director), Nageswara Rao Pinnaa (Director), Loya Basava Kumar (Director). Past directors included Pinnaboina Rama Rao, Loya Basava Kumar. It holds ₹7.00 M open charges and no settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Plot No.8, Aurora Colony Road No.3, Banjara Hills, Hyderabad, Telangana, 500034.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65921TG1986PLC006208

  • Registration Number

    006208

  • Incorporation Date

    27 February 1986

  • Authorized Capital

    ₹2.05 Cr

  • Paid-Up Capital

    ₹1.72 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.05 Cr
  • Paid Up Capital ₹ 1.72 Cr
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 7.00 M
  • Revenue Growth **** %
  • Profit Growth **** 53.07%
  • Ebitda **** 53.07%
  • Net Worth -0.10%
  • Total Assets -10.98%
Company report

Midwest Hire Purchase Limitd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Midwest Hire Purchase Limitd — 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 Hire Purchase Limitd?
Current Directors
Name Designation Appointment Date Status
Merugumala Venkata Siva Kumar Director 30 Dec 1992 Current
Nageswara Rao Pinnaa Director 27 Feb 1986 Current
Loya Basava Kumar Director 30 Jun 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 22 Jul 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past

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Financial Performance of Midwest Hire Purchase Limitd.

Midwest Hire Purchase Limitd, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 53.07% increase in profit. The company's net worth dipped by a decrease of 0.1%.

Midwest Hire Purchase Limitd revenue growth over time
Midwest Hire Purchase Limitd 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
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*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -10.98%
*******
*******
*******
*******
Profit or Loss
*******
 53.07%
*******
*******
*******
*******
Net Worth
*******
 -0.10%
*******
*******
*******
*******
EBITDA
*******
 53.07%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Midwest Hire Purchase Limitd?

In 2018, Midwest Hire Purchase Limitd had a promoter holding of 100.00%. 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

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Charges (Loans)
Open Charges

₹7,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of Saurashtra : 0.25 Cr
  • Bank Of India : 0.25 Cr
  • The Karur Vysya Bank Ltd. : 0.10 Cr
  • Bank Of Madura Ltd. : 0.05 Cr
  • Bharat Overseas Bank Ltd. : 0.05 Cr
Latest Charge Details
Date Lender Amount Status
19 Oct 1989 Bank Of India ₹2.50 M Open
21 Sep 1989 State Bank Of Saurashtra ₹2.50 M Open
02 Jan 1989 Bharat Overseas Bank Ltd. ₹0.50 M Open
08 Sep 1988 Bank Of Madura Ltd. ₹0.50 M Open
05 Jan 1987 The Karur Vysya Bank Ltd. ₹1.00 M Open

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How Many Employees Work at Midwest Hire Purchase Limitd?

Unlock and access historical data on people associated with Midwest Hire Purchase Limitd, 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 Hire Purchase Limitd, 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 Hire Purchase Limitd'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.

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

    Midwest Hire Purchase Limitd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Midwest Hire Purchase Limitd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad. was documented.

  • Director Appointment

    Loya Basava Kumar was appointed as a Director was appointed as a Director on 30 Jun 2017 & has been associated with this company since 8 years 9 months . was recorded as a recent event.

  • Director Appointment

    Merugumala Venkata Siva Kumar was appointed as a Director was appointed as a Director on 30 Dec 1992 & has been associated with this company since 33 years 3 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Bank Of India amounted to Rs. 0.25 Cr with Charge ID 90135155 was registered on 19 Oct 1989. was documented.

  • Charges

    Progress on A charge with Bank Of Madura Ltd. of Rs. 0.05 Cr registered on 08 Sep 1988 with Charge ID 90135110 was modified on 03 Oct 1989. was documented.

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Frequently Asked Questions
What is the CIN of Midwest Hire Purchase Limitd?

The CIN of Midwest Hire Purchase Limitd is U65921TG1986PLC006208.

Where is Midwest Hire Purchase Limitd headquartered?

Midwest Hire Purchase Limitd is headquartered at Plot No.8, Aurora Colony Road No.3, Banjara Hills, Hyderabad, Telangana, 500034.

When was Midwest Hire Purchase Limitd incorporated?

Midwest Hire Purchase Limitd was incorporated on 27 February 1986.

Who are the current directors of Midwest Hire Purchase Limitd?

The current directors of Midwest Hire Purchase Limitd are

What is the primary industry of Midwest Hire Purchase Limitd?

The primary industry of Midwest Hire Purchase Limitd is Financial Services.

Is Midwest Hire Purchase Limitd a listed company?

Midwest Hire Purchase Limitd is unlisted.

What is the capital structure of Midwest Hire Purchase Limitd?

The authorized capital of Midwest Hire Purchase Limitd is ₹2.05 Cr, and the paid-up capital is ₹1.72 Cr.

What is the compliance status of Midwest Hire Purchase Limitd?

The compliance status of Midwest Hire Purchase Limitd is Compliant.

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