Midas Retreads India Private Limited

Supplies retreading materials and products for tires.

1990 | Kottayam, Kerala (India) | Merged
Last Updated: January 18, 2025

Midas Retreads India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth 22.47%
  • Profit Growth -86.94%
  • Ebitda -109.06%
  • Net Worth 2.13%
  • Total Assets 1.17%

About Midas Retreads India

Midas Retreads India Private Limited (MRIPL) is Amalgamated company established on 05 Sep 1990 with its office registered at and has been running since 34 Year, 5 Months with a paid up capital of 0.50 M. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location Kottayam, Kerala
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    midas.ind.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25119KL1990PTC005794

  • Company No.

    005794

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 1990

  • Date of AGM

    27 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Machinery and Equipment

Who are the key members and board of directors at Midas Retreads India?

Board Members (2)

NameDesignationAppointment DateStatus
Paulose Verghese Country flag representing In Director 04-Oct-2001Current
Koshi John Country flag representing In Director 02-Dec-1991Current

Financial Performance of Midas Retreads India.

Midas Retreads India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.47% increase. The company also saw a substantial fall in profitability, with a 86.94% decrease in profit. The company's net worth moved up by a moderate rise of 2.13%.

Graph illustrating revenue growth over time
Graph showing 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
22.47%
Revenue from Operations
22.97%
Total Assets
1.17%
Profit or Loss
-86.94%
Net Worth
2.13%
EBITDA
-109.06%

What is the Ownership and Shareholding Structure of Midas Retreads India?

In 2020, Midas Retreads India 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

₹0

Satisfied Charges

₹4.50 M

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2015State Bank Of Travancore₹4.50 MSatisfied

How Many Employees Work at Midas Retreads India?

Midas Retreads India has a workforce of 19 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Retreads India, 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 Retreads India'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 Retreads India

Recent activity within the organization

  • Annual General Meeting

    Midas Retreads India Private Limited last Annual general meeting of members was held on 27 Sep 2022 as per latest MCA records.

    27 Sep 2022

  • Balance Sheet

    Midas Retreads India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.

    31 Mar 2022

  • Charges

    A charge registered on 06 Jul 2015 via Charge ID 10580809 with State Bank Of Travancore was fully satisfied on 18 Mar 2022.

    18 Mar 2022

  • Charges

    A charge with State Bank Of Travancore amounted to Rs. 4.50 M with Charge ID 10580809 was registered on 06 Jul 2015.

    06 Jul 2015

  • Director Appointment

    Paulose Verghese was appointed as a Director was appointed as a Director on 04 Oct 2001 & has been associated with this company since 23 years 4 months .

    04 Oct 2001

  • Director Appointment

    Koshi John was appointed as a Director was appointed as a Director on 02 Dec 1991 & has been associated with this company since 33 years 2 months .

    02 Dec 1991

Frequently asked questions

  • Midas Retreads India Private Limited was incorporated on 05 Sep 1990.

  • The authorized share capital of Midas Retreads India Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Midas Retreads India Private Limited.

    • Paulose Verghese
    • Koshi John
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Retreads India Private Limited is Midas Marketing Building Varisserry, Mariathuruthu P.O. India, Kottayam, Kerala, 686027.

  • The corporate identification number (CIN) of Midas Retreads India Private Limited is U25119KL1990PTC005794 and the company number is 005794 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midas Retreads India Private Limited is https://www.midas.ind.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Midas Retreads India Private Limited has risen by 22.47%.

  • As Per 2022 financial reports, 19 employees are currently employed by Midas Retreads India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Midas Retreads India Private Limited has experienced an upsurge of 2.13%.

  • The most recent Balance Sheet for Midas Retreads India Private Limited was filed with the ROC on 31 Mar 2022.

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