Midas Electricals Private Limited, a active private limited company, was established on 02 September 2010 in Choolai, Tamil Nadu, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U31900TN2010PTC077200. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.50 M and a paid-up capital of ₹4.23 M.
Formerly known as Southern Home Automation Private Limited. It upholds a compliant status. Employing 12 professional, Its leadership includes Kunal Chowdhari (Director), Mahendra Chowdhari (Director). Past directors included Vikram Chowdhari, Surendra Chowdhari, Manish Chowdhari. It holds ₹31.97 Cr open charges and ₹5.00 M settled loans. Its latest AGM occurred on 29 August 2024, with the balance sheet filed on 31 March 2024. It is based at No. 196 D Mellows Road, Choolai, Tamil Nadu, 600112.
U31900TN2010PTC077200
077200
02 September 2010
₹5.50 M
₹4.23 M
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kunal Chowdhari | Director | 23 Mar 2012 | Current |
| Mahendra Chowdhari | Director | 23 Mar 2012 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 31 Aug 2021 | Past |
| Pramod Abcsdd | Director | 31 Aug 2021 | Past |
| Pramod Abcsdd | Director | 01 Nov 2015 | Past |
| Pramod Abcsdd | Director | 01 Nov 2015 | Past |
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Midas Electricals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 91.69% increase. The company also saw a substantial improvement in profitability, with a 95.65% increase in profit. The company's net worth Soared by an impressive increase of 44.43%.
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In 2023, Midas Electricals had a promoter holding of 81.08% and a public holding of 18.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹319,711,111.24
₹5,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2025 | Others | ₹4.95 Cr | Open |
| 08 Apr 2024 | Others | ₹3.50 Cr | Open |
| 29 Mar 2024 | Others | ₹5.00 Cr | Open |
| 18 Nov 2022 | Yes Bank Limited | ₹7.22 Cr | Open |
| 29 Sep 2014 | Yes Bank Limited | ₹6.80 Cr | Open |
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Midas Electricals has a workforce of 12 employees as of Mar 29, 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.
Gain comprehensive insights into the Deals and Valuation data of Midas Electricals, 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 Electricals's trajectory.
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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.
The activity A charge with Others amounted to Rs. 49.50 M with Charge ID 101061152 was registered on 26 Feb 2025. was completed.
A charge with Others of Rs. 45.00 M registered on 27 Sep 2014 with Charge ID 10566068 was modified on 16 Sep 2024. was recorded as a recent event.
Midas Electricals Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records. was recorded as a recent event.
A charge with Yes Bank Limited of Rs. 72.20 M registered on 18 Nov 2022 with Charge ID 100662029 was modified on 19 Aug 2024. was recorded as a recent event.
Progress on A charge with Yes Bank Limited of Rs. 68.01 M registered on 29 Sep 2014 with Charge ID 10537641 was modified on 16 Aug 2024. was documented.
A charge with Others amounted to Rs. 35.00 M with Charge ID 100914423 was registered on 08 Apr 2024. was recorded as a recent event.
The CIN of Midas Electricals Private Limited is U31900TN2010PTC077200.
Midas Electricals Private Limited is headquartered at No. 196 D Mellows Road, Choolai, Tamil Nadu, 600112.
Midas Electricals Private Limited was incorporated on 02 September 2010.
The current directors of Midas Electricals Private Limited are
The primary industry of Midas Electricals Private Limited is Trade.
Midas Electricals Private Limited is unlisted.
The authorized capital of Midas Electricals Private Limited is ₹5.50 M, and the paid-up capital is ₹4.23 M.
The compliance status of Midas Electricals Private Limited is Compliant.
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