About Midas Electricals Private Limited
Data last updated: 10 January 2026
Midas Electricals Private Limited is a private limited company based in Choolai, Tamil Nadu, India. It specialises in electronics retail and distribution, a part of the broader consumer electronics and durables sector. Incorporated on 02 September 2010, the company has been in operation for over 16 years.
Registered with ROC Chennai under CIN U52500TN2010PTC077200.
Capital: an authorised share capital of ₹55 Lakh and a paid-up capital of ₹42.28 Lakh. Formerly known as Southern Home Automation Private Limited. It is led by directors Kunal Chowdhari and Mahendra Chowdhari.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No. 196 D Mellows Road, Choolai, Tamil Nadu, India – 600112.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.58 Cr, a growth of 60% compared to the previous year.
The company has a workforce of approximately 12 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹31.97 Cr and satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midaselectricals.com.
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Registered AddressNo. 196 D Mellows Road, Choolai, Tamil Nadu, India – 600112
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IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Midas Electricals Private Limited
Midas Electricals Private Limited has one previous CIN (Corporate Identification Number): U52500TN2010PTC077200. The current CIN is U31900TN2010PTC077200, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31900TN2010PTC077200 | Current |
| U52500TN2010PTC077200 | Previous |
Business Activity of Midas Electricals Private Limited
Midas Electricals Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Midas Electricals Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Midas Electricals Private Limited
Midas Electricals Private Limited is currently managed by 2 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Kunal Chowdhari
Also directs:
Midas Distributors India Private Limited
|
Director | 23 Mar 2012 | 14 Years 4 Months | Current |
|
Mahendra Chowdhari
Also directs:
Midas Distributors India Private Limited
|
Director | 23 Mar 2012 | 14 Years 4 Months | Current |
Financials of Midas Electricals Private Limited FY 2025 filings available
Midas Electricals Private Limited reported revenue of ₹67.58 Cr (up 60.00% YoY) for FY 2024.
Ten-year financial statements for Midas Electricals Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Charges & Borrowings of Midas Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2025 | Others | ₹4.95 Cr | Open |
| 08 Apr 2024 | Others | ₹3.5 Cr | Open |
| 29 Mar 2024 | Others | ₹5 Cr | Open |
| 18 Nov 2022 | Yes Bank Limited | ₹7.22 Cr | Open |
| 29 Sep 2014 | Yes Bank Limited | ₹6.8 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Midas Electricals Private Limited
View historical data on people associated with Midas Electricals Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Midas Electricals Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Midas Electricals Private Limited
GST registrations and filing compliance for Midas Electricals Private Limited
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- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Midas Electricals Private Limited
Credit ratings, litigation, and regulatory alerts for Midas Electricals Private Limited
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- Rating history
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MSME Payment Delays by Midas Electricals Private Limited
MSME payment history for Midas Electricals Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Midas Electricals Private Limited
Corporate group structure for Midas Electricals Private Limited
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MCA Filings & Documents of Midas Electricals Private Limited
MCA filings and documents for Midas Electricals Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Midas Electricals Private Limited
Frequently Asked Questions about Midas Electricals Private Limited
Midas Electricals Private Limited is an active private limited company in the consumer electronics and durables sector based in Choolai, Tamil Nadu, India. It was incorporated on 02 September 2010 (16+ years old) and is registered under CIN U31900TN2010PTC077200. The company has 12 employees.
Midas Electricals Private Limited reported revenue of ₹67.58 Cr for FY 2024 (up 60.00% YoY).
The current directors of Midas Electricals Private Limited are:
- Kunal Chowdhari - Director
- Mahendra Chowdhari - Director
The primary industry of Midas Electricals Private Limited is consumer electronics and durables. The company specifically operates in electronic appliances retail and distribution. The company is currently active in this sector.
Midas Electricals Private Limited can be reached at the registered office: No. 196 D Mellows Road, Choolai, Tamil Nadu, India – 600112, or through the website midaselectricals.com.
The authorised capital is ₹55 Lakh, and the paid-up capital is ₹42.28 Lakh.