Midas Treads (India) Private Limited logo

Midas Treads (India) Private Limited

Supplies tread rubber and retreading materials globally.
1997 | Kottayam, Kerala (India) | Active

Last Updated:

October 24, 2024
HomeCompanyMidas Treads (India) Private Limited

Who are the key members and board of directors at Midas Treads (India)?

Board Members(3)

NameDesignationAppointment DateStatus
George Varughese In Director 18-Feb-1997Current
Paulose Verghese In Director 26-Jul-2002Current
Varkey Varughese In Director 01-Nov-2010Current

Financial Performance of Midas Treads (India).

Midas Treads (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.61% increase. The company also saw a substantial improvement in profitability, with a 89.2% increase in profit. The company's net worth dipped by a decrease of 0.58%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
32.61%
Revenue from Operations
34.06%
Total Assets
-3.60%
Profit or Loss
89.20%
Net Worth
-0.58%
EBITDA
148.06%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹30.33 M

₹365.56 M

LenderAmountStatus

State Bank Of India

Creation Date: 05 Aug 2024
₹1.81 CrOpen

State Bank Of India

Creation Date: 01 Jul 2023
₹7.50 MOpen

Yes Bank Limited

Creation Date: 12 Oct 2022
₹4.50 MOpen

How Many Employees Work at Midas Treads (India)?

Midas Treads (India) has a workforce of 84 employees as of Apr 09, 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.

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Latest Updates, News, and FAQs on Midas Treads (India)

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 18.10 M with Charge ID 100963695 was registered on 05 Aug 2024.

    05 Aug 2024

  • Annual General Meeting

    Midas Treads (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.50 M with Charge ID 100806532 was registered on 01 Jul 2023.

    01 Jul 2023

  • Balance Sheet

    Midas Treads (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 4.50 M with Charge ID 100644978 was registered on 12 Oct 2022.

    12 Oct 2022

  • Charges

    A charge registered on 12 Aug 2014 via Charge ID 10556635 with Hdfc Bank Limited was fully satisfied on 07 Oct 2021.

    07 Oct 2021

Frequently asked questions

  • Midas Treads (India) Private Limited was incorporated on 18 Feb 1997.

  • The authorized share capital of Midas Treads (India) Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.10 M.

  • Currently 3 directors are associated with Midas Treads (India) Private Limited.

    • George Varughese
    • Paulose Verghese
    • Varkey Varughese
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Treads (India) Private Limited is Midas Marketing Building Varissery, Mariathuruthu P.O India, Kottayam, Kerala, 686027.

  • The corporate identification number (CIN) of Midas Treads (India) Private Limited is U25199KL1997PTC024585 and the company number is 024585 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Midas Treads (India) Private Limited has risen by 32.61%.

  • As Per 2023 financial reports, 84 employees are currently employed by Midas Treads (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Midas Treads (India) Private Limited has experienced an downturn of -0.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Midas Treads (India) Private Limited amount to ₹ 3.03 Cr.

  • The most recent Balance Sheet for Midas Treads (India) Private Limited was filed with the ROC on 31 Mar 2023.

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