Midas Safety Products Profile
Key Indicators
- Authorised Capital ₹ 7.45 Cr
as on 09-05-2024
- Paid Up Capital ₹ 5.18 Cr
as on 09-05-2024
- Company Age 13 Year, 7 Months
- Last Filing with ROC 31 Mar 2017
- Satisfied Charges ₹ 5.50 Cr
as on 09-05-2024
- Revenue 59.90%
(FY 2017)
- Profit -358.37%
(FY 2017)
- Ebitda 85.72%
(FY 2017)
- Net Worth -94.23%
(FY 2017)
- Total Assets -51.59%
(FY 2017)
About Midas Safety Products
- CIN/LLPIN
U18100TZ2011PTC017056
- Company No.
017056
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 May 2011
- Date of AGM
28 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Midas Safety Products?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meenaz Kassam  | Director | 02-May-2013 | Current |
| Pudukkaraipudur Balaji | Director | 19-Aug-2013 | Current |
Mohamed Kassam  | Director | 02-May-2013 | Current |
Financial Performance of Midas Safety Products.
Midas Safety Products Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 59.9% increase. The company also saw a substantial fall in profitability, with a 358.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 94.23%.
- 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 Safety Products?
In 2017, Midas Safety Products 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 08 Oct 2012 | ₹5.50 Cr | Satisfied |
How Many Employees Work at Midas Safety Products?
Midas Safety Products has a workforce of 65 employees as of Apr 07, 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 Safety Products, 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 Safety Products'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.
