Midwest Growth Fund Limited
About Midwest Growth Fund Limited
Data last updated:
Midwest Growth Fund Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 September 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65993TG1985PLC005815.
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹16.72 Lakh. It is led by directors including Nageswara Rao Pinnaa and Loya Basava Kumar.
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 Plot No.8 Aurora Colony Road No.3 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 27 cases involving the company, including 3 filed by the company and 24 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Midwest Growth Fund has one previous CIN (Corporate Identification Number): U65993AP1985PLC005815. The current CIN is U65993TG1985PLC005815, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993TG1985PLC005815 | Current |
| U65993AP1985PLC005815 | Previous |
Contact details
Midwest Growth Fund Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.8 Aurora Colony Road No.3 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Midwest Growth Fund 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
Financials of Midwest Growth Fund Limited
FY 2024 filings availableFinancial 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 | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ||||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ||||
| 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 | ||||
| Net Profit Margin | ||||
| 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 Midwest Growth Fund Limited, buy the company report.
Board of directors of Midwest Growth Fund Limited
Midwest Growth Fund has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nageswara Rao Pinnaa Also directs: Midwest Hire Purchase Limitd | Director | 20 Sep 1985 | 41 Years 1 Months | Current |
| Loya Basava Kumar Also directs: Midwest Hire Purchase Limitd | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
| Merugumala Venkataramayya | Director | 01 Jun 2005 | 21 Years 5 Months | Current |
Auditor
Midwest Growth Fund Limited is audited by RAMBABU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMBABU & CO | FY 2018 | 002976S |
Shareholding
The shareholding of Midwest Growth Fund Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Midwest Growth Fund Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 1990 | 90129326 | The Karur Vysya Bank Ltd. | ₹10 Lakh | Open |
To see the full charge records of Midwest Growth Fund Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Midwest Growth Fund Limited has 27 court cases on record: 3 filed by Midwest Growth Fund, 24 filed against it. 1 case is pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 21 | 1 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by KLSR Urban Properties Private Limited | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company by KLSR Urban Properties Pvt Ltd., | Disposed |
| High Court, TELANGANA | Court case (OSA) | Filed by the company against Midwest (India) Industries Limited, (in Provisional Liqn.), and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Cosmos Filament Pvt. Ltd | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by The Govt. of Andhra Pradesh and 4 others | Pending |
To see the full case history of Midwest Growth Fund 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 Midwest Growth Fund 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 Growth Fund Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Midwest Growth Fund Limited has 6 board changes on record since 1985: 3 appointments and 3 cessations. The latest: Loya Basava Kumar ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Midwest Growth Fund is an active public limited company based in Hyderabad, Telangana, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 September 1985 (41+ years old) and is registered under CIN U65993TG1985PLC005815.
Midwest Growth Fund has 3 current directors:
- Nageswara Rao Pinnaa - Director
- Loya Basava Kumar - Director
- Merugumala Venkataramayya - Director
The latest financial statements of Midwest Growth Fund 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Midwest Growth Fund is U65993TG1985PLC005815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midwest Growth Fund has 27 court cases on record: 3 filed by the company and 24 filed against it. 1 is pending. Most are in the high courts.
Midwest Growth Fund was incorporated on 20 September 1985, making it 41+ years old. It is registered with the Registrar of Companies, Hyderabad.
Loya Basava Kumar ceased to be Additional Director on 29 Sep 2017. Pinnaboina Rama Rao ceased to be Director on 22 Jul 2017. Loya Basava Kumar was appointed as Director on 30 Jun 2017. Midwest Growth Fund has 6 board changes on record in total.
The registered office of Midwest Growth Fund is at Plot No.8 Aurora Colony Road No.3 Banjara Hills, Hyderabad, Telangana, India – 500034.
Midwest Growth Fund operates in the financial services industry, in the diversified financial services segment.
Midwest Growth Fund has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
