Midas Pre Cured Treads Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.00 Cr
as on 16-11-2024
- Company Age 39 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.20 Cr
as on 16-11-2024
- Satisfied Charges ₹ 35.51 Cr
as on 16-11-2024
- Revenue 13.86%
(FY 2023)
- Profit -80.31%
(FY 2023)
- Ebitda -82.55%
(FY 2023)
- Net Worth 1.47%
(FY 2023)
- Total Assets 4.33%
(FY 2023)
About Midas Pre Cured Treads
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.
- 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
Company Details
- LocationKottayam, Kerala
- Telephone
- Email Address
- Website
- Social Media-
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Divya Varughese  | Director | 28-Jul-2015 | Current |
| George Varughese | Director | 03-Sep-1997 | Current |
| Paulose Verghese | Director | 01-Jun-2000 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED.webp)
Midas Treads (India) Private LimitedActive 27 years 11 monthsGeorge Varughese and Paulose Verghese are mutual person
Midas Rubber Pvt LtdActive 74 years 9 monthsGeorge Varughese and Paulose Verghese are mutual person
Panampunna Estates Private LimitedActive 67 years 8 monthsGeorge Varughese and Paulose Verghese are mutual person
- Midas Guardian Private LimitedActive 3 years 7 months
George Varughese, Paulose Verghese and 1 more are mutual person
- Midas Bonding Products Private LimitedActive 3 years 7 months
George Varughese, Paulose Verghese and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 25 Feb 2015 | ₹6.00 M | Open |
Hdfc Bank Limited Creation Date: 25 Feb 2015 | ₹6.00 M | Open |
Hdfc Bank Limited Creation Date: 05 Oct 2017 | ₹8.50 Cr | Satisfied |
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.
Deals i
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
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
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.
