Midas Pre Cured Treads Pvt Ltd

Manufactures and supplies tire retreading materials globally, with 24,000 tons sold annually.

1985 | Kottayam, Kerala (India) | Active
Last Updated:

Midas Pre Cured Treads Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.20 Cr
  • Satisfied Charges ₹ 35.51 Cr
  • Revenue Growth 13.86%
  • Profit Growth -80.31%
  • Ebitda -82.55%
  • Net Worth 1.47%
  • Total Assets 4.33%

About Midas Pre Cured Treads

Midas Pre Cured Treads Pvt Ltd (MPCTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 1985 and has a history of 39 years and seven months. Its registered office is in Kottayam, Kerala.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹1.20 Cr. The company has closed loans amounting to ₹35.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

George Varughese, Paulose Verghese, and Divya Varughese serve as directors at the Company.

Company Details

  • Location Kottayam, Kerala
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25119KL1985PTC004269

  • Company No.

    004269

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1985

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing

What products or services does Midas Pre Cured Treads Pvt Ltd offer?

Midas Pre Cured Treads Pvt Ltd offers a wide range of products and services, including Adhesives, Glue and Sealants, Bonding Agents, Adhesive Chemical.

Who are the key members and board of directors at Midas Pre Cured Treads?

Board Members (3)

NameDesignationAppointment DateStatus
Divya Varughese Country flag representing In Director 28-Jul-2015Current
George Varughese Country flag representing In Director 03-Sep-1997Current
Paulose Verghese Country flag representing In Director 01-Jun-2000Current

Financial Performance of Midas Pre Cured Treads.

Midas Pre Cured Treads Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.86% increase. The company also saw a substantial fall in profitability, with a 80.31% decrease in profit. The company's net worth moved up by a moderate rise of 1.47%.

Midas Pre Cured Treads revenue growth over time
Midas Pre Cured Treads 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
13.86%
Revenue from Operations
13.43%
Total Assets
4.33%
Profit or Loss
-80.31%
Net Worth
1.47%
EBITDA
-82.55%

What is the Ownership and Shareholding Structure of Midas Pre Cured Treads?

In 2023, Midas Pre Cured Treads 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 Indicator graph

Charges (Loans)

Open Charges

₹1.20 Cr

Satisfied Charges

₹35.51 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
25 Feb 2015Hdfc Bank Limited₹6.00 MOpen
25 Feb 2015Hdfc Bank Limited₹6.00 MOpen
05 Oct 2017Hdfc Bank Limited₹8.50 CrSatisfied
23 Jul 2015State Bank Of Travancore₹4.10 MSatisfied
24 Mar 2015Idbi Bank Limited₹1.47 CrSatisfied

How Many Employees Work at Midas Pre Cured Treads?

Midas Pre Cured Treads has a workforce of 41 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Midas Pre Cured Treads Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Pre Cured Treads, 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 Midas Pre Cured Treads'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 Midas Pre Cured Treads

Recent activity within the organization

  • Annual General Meeting

    Midas Pre Cured Treads Pvt Ltd last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Midas Pre Cured Treads Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge registered on 05 Oct 2017 via Charge ID 100130826 with Hdfc Bank Limited was fully satisfied on 26 Dec 2022.

  • Charges

    A charge registered on 23 Jul 2015 via Charge ID 10584341 with State Bank Of Travancore was fully satisfied on 05 Dec 2022.

  • Charges

    A charge registered on 25 Apr 2014 via Charge ID 10503696 with State Bank Of Travancore was fully satisfied on 05 Dec 2022.

  • Charges

    A charge registered on 28 Dec 2014 via Charge ID 10546196 with Hdfc Bank Limited was fully satisfied on 23 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Midas Pre Cured Treads Pvt Ltd?

    Midas Pre Cured Treads Pvt Ltd was incorporated on 31 Jul 1985.

  • What is authorized share capital and paid-up capital of Midas Pre Cured Treads Pvt Ltd?

    The authorized share capital of Midas Pre Cured Treads Pvt Ltd is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Midas Pre Cured Treads Pvt Ltd?

    Currently 3 directors are associated with Midas Pre Cured Treads Pvt Ltd.

    • George Varughese
    • Paulose Verghese
    • Divya Varughese

  • What is the registered address of Midas Pre Cured Treads Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Midas Pre Cured Treads Pvt Ltd is Midas Marketing Building Varisserry, Mariathuruthu P.O. India, Kottayam, Kerala, 686027.

  • What is the corporate identification number (CIN) and company number of Midas Pre Cured Treads Pvt Ltd?

    The corporate identification number (CIN) of Midas Pre Cured Treads Pvt Ltd is U25119KL1985PTC004269 and the company number is 004269 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Midas Pre Cured Treads Pvt Ltd?

    The Official website of Midas Pre Cured Treads Pvt Ltd is https://www.midastreads.com

  • What has been the recent revenue trend for Midas Pre Cured Treads Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Midas Pre Cured Treads Pvt Ltd has risen by 13.86%.

  • How many employees does Midas Pre Cured Treads Pvt Ltd currently have?

    As Per 2023 financial reports, 41 employees are currently employed by Midas Pre Cured Treads Pvt Ltd.

  • What change has been observed in the net worth of Midas Pre Cured Treads Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Midas Pre Cured Treads Pvt Ltd has experienced an upsurge of 1.47%.

  • What are the total open charges for Midas Pre Cured Treads Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Midas Pre Cured Treads Pvt Ltd amount to ₹ 1.20 Cr.

  • When was the last Balance Sheet of Midas Pre Cured Treads Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Midas Pre Cured Treads Pvt Ltd was filed with the ROC on 31 Mar 2024.

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