About Midas
Midas is a company based in Kottayam (India) founded in 1969 by George Varughese. It operates as a Reseller / Distribution. The company has 151 employees as of September 30, 2024. Midas offers products and services including Precured Tread Rubber, Conventional (Hot) Rubber, and Bonding Gum. Midas operates in a competitive market with competitors including Elgi Rubber, INDAG Rubber, Manjunath Rubber, MRL Tyres and Vamshi Rubber, among others.
- Headquarter Kottayam, India
- Employees 151 as on 30 Sep, 2024
- Founders George Varughese
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Sectors
Transportation, Automotive & LogisticsEnvironment
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Email
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Phone
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Website
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Social
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- Legal Name Midas Mileage
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Annual Revenue
$11.5 M (USD)33as on Mar 31, 2023
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Net Profit
-$36.1 K (USD)89as on Mar 31, 2023
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EBITDA
$218.71 K (USD)1374as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
151
as on Sep 30, 2024
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Products & Services of Midas
Midas offers a comprehensive portfolio of products and services, including Precured Tread Rubber, Conventional (Hot) Rubber, and Bonding Gum.
Used for retreading tyres with durable rubber material.
Applied in traditional hot retreading of vehicle tyres.
Utilized for bonding layers during tyre retreading process.
Funding Insights of Midas
Detailed funding history for Midas
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Investments & Acquisitions by Midas
Investment portfolio details for Midas
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Financial Statements - Midas
Detailed financials for Midas
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Midas Comparisons
Peer comparison for Midas
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Competitors of Midas
Midas operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Elgi Rubber, INDAG Rubber, Manjunath Rubber, MRL Tyres and Vamshi Rubber, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of raw material, equipment, tools and accessories for rubber industries
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Tread rubber, strip gum, and spray cement are manufactured.
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Offers tyre retreading services and rubber products for industrial use in Mangalore.
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Manufactures agricultural, industrial, and commercial tires for worldwide distribution.
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Automotive rubber components are manufactured and supplied globally.
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Detailed competitors of Midas
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Latest news on Midas
Complete news archive for Midas
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Frequently Asked Questions about Midas
Midas was founded in 1969.
Midas is headquartered in Kottayam, India. It is registered at Kottayam, Kerala, India.
As of Sep 30, 2024, the latest employee count at Midas is 151.
Annual revenue of Midas is $11.5M as on Mar 31, 2023.
Midas, established in 1969, is engaged in the supply of tyre retreading materials, including precured tread rubber and bonding gum. The company serves a global market spanning South America, Africa, Europe, and Australia. Based in India, Midas is known for its extensive range of products used in the automotive tyre retreading sector. Solutions are provided to enhance tyre durability and performance for various vehicle types. Customer satisfaction is reported across diverse regions with consistent product quality.
Midas's top competitors include INDAG Rubber, Elgi Rubber and MRL Tyres.
Midas offers Precured Tread Rubber, Conventional (Hot) Rubber, and Bonding Gum.