Midas Polypack Private Limited - Due diligence report

A 360° intelligence report on Midas Polypack Private Limited: trust score, financial health, credit view, compliance, directors, growth and …

2013-01-14 Delhi, Delhi Amalgamated Unlisted Active Compliant
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MP Midas Polypack Private Limited
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Midas Polypack Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
66/100
Trust Score
Moderate

Midas Polypack Private Limited is assessed as Moderate with a Trust Score of 66/100. Midas Polypack Private Limited is a private limited indian non-government company incorporated in 2013, operating in the Packaging sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Midas Polypack Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
66/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
23/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 3 satisfied (7.10 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Sidbi3 48.0 cr
Compliance Score: 23/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Litigation present in 1 court forum(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
GAURAV DAGA 01234567 Director 01/04/2018 6 yrs Approved
NEERAJ MAHESHWARI 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
6 allotment(s) · 0 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 45
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 13+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Outside liabilities up 61% in a year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (23/100).
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence42/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment77/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view86/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
15 Jun 2021
Charge satisfied
Sidbi
31 May 2020
Director ceased
AKSHAT DAGA
21 Dec 2017
Charge created
Sidbi - 1.00 cr
07 Jul 2017
Charge created
Sidbi - 2.50 cr
01 Apr 2015
Securities allotted
510000 Equity Shares Without Differential Rights - 51.00 Lakh raised
30 Mar 2015
Securities allotted
510000 Equity Shares Without Differential Rights - 51.00 Lakh raised
28 Oct 2013
Charge created
Sidbi - 3.60 cr
17 Oct 2013
Securities allotted
282500 Equity Shares Without Differential Rights - 28.25 Lakh raised
15 Oct 2013
Securities allotted
282500 Equity Shares Without Differential Rights - 28.25 Lakh raised
19 Jun 2013
Securities allotted
212500 Equity Shares Without Differential Rights - 21.25 Lakh raised
29 Mar 2013
Securities allotted
212500 Equity Shares Without Differential Rights - 21.25 Lakh raised
14 Jan 2013
Incorporated
Registered with Roc Delhi
Director appointed
GAURAV DAGA (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - manageable leverage.
Net worth is positive.
2 active director(s) / partner(s); board looks stable and experienced.
All 3 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Hmsu Rollers (India) Private Limited U29130GJ2012PTC068828 Ahmedabad, Gujarat, India
Vasupujya Pvc Private Limited U25209GJ2021PTC120194 Surat, Gujarat, India
Shell Graphics Pvt. Ltd. U21015MP1991PTC006817 Indore, Madhya Pradesh, India
Sanskar Tradex Private Limited U51909DL2008PTC179803 New Delhi, Delhi, India
Areca Polyfilm Private Limited U25209GJ2020PTC113168 Tankara, Gujarat, India
Vedha Entech India Private Limited U29110AP2014PTC097808 Ananthapur, Andhra Pradesh, India
Bothra Poly Films Private Limited U25209WB2019PTC233870 Howrah, West Bengal, India
Pranagraf Materials & Technologies Private Limited U26994MH2018PTC308347 Dadar (W) Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Midas Polypack Private Limited before audits and certifications: compliance score 23/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Midas Polypack Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Midas Polypack Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 66/100, distress signals and MSME payment-delay disclosures - know whether Midas Polypack Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Midas Polypack Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Midas Polypack Private Limited an active company?

Midas Polypack Private Limited has MCA status “Amalgamated” with a compliance score of 23/100 (Caution Indicated).

Is Midas Polypack Private Limited financially healthy?

Midas Polypack Private Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Midas Polypack Private Limited?

Its overall Trust Score is 66/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Midas Polypack Private Limited?

Promoters hold a majority stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Midas Polypack Private Limited have loans or charges against its assets?

No open charges - all 3 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Midas Polypack Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 23/100 (Caution Indicated).

Is it risky to lend to Midas Polypack Private Limited?

Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.