Midwest Innovative Solutions Private Limited
About Midwest Innovative Solutions Private Limited
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Midwest Innovative Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC121731.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mirza Viquar Ahmed Baig and Mujtaba Ahmed Siddiqui.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 10 – 3 – 277/2 Flat No. 301 Manpreet Enclave Masab Tank, Hyderabad, Telangana, India – 500028.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.28 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹2.77 Lakh (net margin -2.2%) and EBITDA of -₹2.66 Lakh (EBITDA margin -2.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
Company details
Contact details
Midwest Innovative Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address10 – 3 – 277/2 Flat No. 301 Manpreet Enclave Masab Tank, Hyderabad, Telangana, India – 500028
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Midwest Innovative Solutions 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 Midwest Innovative Solutions is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Midwest Innovative Solutions Private Limited, buy the company report.
Financials of Midwest Innovative Solutions Private Limited
FY 2024 filings availableMidwest Innovative Solutions Private Limited reported revenue of ₹1.28 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 21% growth 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
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| EBITDA | -₹2.66 Lakh | ||||
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| Net Profit (PAT) | -₹2.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -2.1% | ||||
| Net Profit Margin | -2.2% | ||||
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To see the full financial statements and ratios of Midwest Innovative Solutions Private Limited, buy the company report.
Board of directors of Midwest Innovative Solutions Private Limited
Midwest Innovative Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mirza Viquar Ahmed Baig Also directs: Nemix Farms Limited, Vantech Synthesis Private Limited, Telangana Properties Private Limited and 5 more | Director | 04 Nov 2022 | 3 Years 11 Months | Current |
| Mujtaba Ahmed Siddiqui | Director | 04 Nov 2022 | 3 Years 11 Months | Current |
| Mohd Amanul Haq | Director | 19 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Midwest Innovative Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fountain Hill Systems Private Limited | ₹1.29 Cr (FY 2024) | -26.0% | Thane, Maharashtra, India | |||
| Reyne Solutions (OPC) Private Limited | ₹1.29 Cr (FY 2025) | 22.0% | Shimla, Himachal Pradesh, India | |||
| Lotzap Solutions Private Limited | ₹1.29 Cr (FY 2024) | 61.0% | Indore, Madhya Pradesh, India | |||
| Buckeye Global IT India Private Limited | ₹1.29 Cr (FY 2024) | Hosakote, Karnataka, India | ||||
| Arcaidea Services (OPC) Private Limited | ₹1.28 Cr (FY 2025) | -13.0% | Pune, Maharashtra, India | |||
| Midwest Innovative Solutions Private Limitedthis company | ₹1.28 Cr (FY 2024) | -₹2.77 Lakh | -2.2% | 21.0% | Hyderabad, Telangana, India | |
| Ssii Shipconstructor Software Solutions Private Limited | ₹1.28 Cr (FY 2024) | 21.0% | Navi Mumbai, Maharashtra, India | |||
| Zeliant Infoserve Private Limited | ₹1.28 Cr (FY 2024) | 87.0% | Mumbai, Maharashtra, India | |||
| Spori Private Limited | ₹1.28 Cr (FY 2025) | 14.0% | Bangalore, Karnataka, India | |||
| Varpas Concepts Private Limited | ₹1.28 Cr (FY 2025) | -9.0% | Pune, Maharashtra, India | |||
| Skynetrix Interactive Private Limited | ₹1.28 Cr (FY 2024) | Aurangabad, Maharashtra, India |
To see the full peer comparison of Midwest Innovative Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Midwest Innovative Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midwest Innovative Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Midwest Innovative Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Midwest Innovative Solutions Private Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Mohd Amanul Haq was appointed as Director on 19 May 2023.
Frequently asked questions
Midwest Innovative Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 January 2018 (8+ years old) and is registered under CIN U72900TG2018PTC121731.
Midwest Innovative Solutions has 3 current directors:
- Mirza Viquar Ahmed Baig - Director
- Mujtaba Ahmed Siddiqui - Director
- Mohd Amanul Haq - Director
The latest financial statements of Midwest Innovative Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Midwest Innovative Solutions is U72900TG2018PTC121731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midwest Innovative Solutions was incorporated on 09 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Midwest Innovative Solutions by revenue are Fountain Hill Systems Private Limited, Reyne Solutions (OPC) Private Limited, Lotzap Solutions Private Limited, Buckeye Global IT India Private Limited, Arcaidea Services (OPC) Private Limited and 5 more, all in the same principal business activity (information service activities).
Mohd Amanul Haq was appointed as Director on 19 May 2023. Rubina Begum ceased to be Director on 09 Nov 2022. Wajahat Abdul Mohammed Siddiqui ceased to be Director on 09 Nov 2022. Midwest Innovative Solutions has 5 board changes on record in total.
The registered office of Midwest Innovative Solutions is at 10 – 3 – 2772 Flat No. 301 Manpreet Enclave Masab Tank, Hyderabad, Telangana, India – 500028.
Midwest Innovative Solutions operates in the information technology industry, in the IT consulting and support services segment.
Midwest Innovative Solutions can be reached at its registered office: 10 – 3 – 2772 Flat No. 301 Manpreet Enclave Masab Tank, Hyderabad, Telangana, India – 500028.
Midwest Innovative Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.