Midas Homes Private Limited Company Logo

Midas Homes Private Limited - Company Profile

It is a real estate and construction private limited company based in Chennai, Tamil Nadu, India, established in 1996.

1996 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Midas Homes Private Limited

Midas Homes Private Limited, a active private limited company, was established on 03 June 1996 in Chennai, Tamil Nadu, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U55101TN1996PTC035642. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.50 M.

Formerly known as Midas Homes Limited. It upholds a compliant status. Its leadership includes Padmaja Shashi (Director), Ashwin Shashi (Director), Madhavan Pillai Shashidharan (Managing Director). Past directors included Padmaja Shashi, Shashidharan Arati Shashi, Ashwin Shashi. It holds ₹0.79 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.Ah-55, New No.Ah-42, Ground Floor-B 5Th Street, Anna Nagar, Chennai, Tamil Nadu, 600040.

Company Details

  • CIN/LLPIN

    U55101TN1996PTC035642

  • Registration Number

    035642

  • Incorporation Date

    03 June 1996

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.79 M
  • Revenue Growth 138.67%
  • Profit Growth 825.47%
  • Ebitda 1247.38%
  • Net Worth 69.20%
  • Total Assets 7.54%
Company report

Midas Homes Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Midas Homes Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Midas Homes Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Padmaja ShashiDirector25 Aug 2017Current
Ashwin ShashiDirector10 Jul 2025Current
Madhavan Pillai ShashidharanManaging Director03 Jun 1996Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector08 Jul 2013Past
Pramod AbcsddDirector Appointed In Casual Vacancy08 Jul 2013Past
Pramod AbcsddWhole-Time Director11 Nov 2017Past
Pramod AbcsddDirector28 Mar 2008Past
Pramod AbcsddManaging Director31 Mar 2019Past

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Financial Performance of Midas Homes.

Midas Homes Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 138.67% increase. The company also saw a substantial improvement in profitability, with a 825.47% increase in profit. The company's net worth Soared by an impressive increase of 69.2%.

Midas Homes revenue growth over time
Midas Homes profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
138.67%
Revenue from Operations
147.25%
Total Assets
7.54%
Profit or Loss
825.47%
Net Worth
69.20%
EBITDA
1247.38%

What is the Ownership and Shareholding Structure of Midas Homes?

In 2018, Midas Homes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹787,695.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2021Hdfc Bank Limited₹0.79 MOpen

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How Many Employees Work at Midas Homes?

Unlock and access historical data on people associated with Midas Homes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Midas Homes Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Homes, 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 Homes's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Midas Homes

Recent Activity within the Organization

  • Director Appointment

    Ashwin Shashi was appointed as a Director was appointed as a Director on 10 Jul 2025 & has been associated with this company since 4 months 24 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Midas Homes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Midas Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.79 M with Charge ID 100519369 was registered on 09 Dec 2021. was recorded as a recent event.

  • Director Appointment

    Progress on Padmaja Shashi was appointed as a Director was appointed as a Director on 25 Aug 2017 & has been associated with this company since 8 years 3 months . was documented.

  • Director Appointment

    Madhavan Pillai Shashidharan was appointed as a Managing Director was appointed as a Managing Director on 03 Jun 1996 & has been associated with this company since 29 years 6 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Midas Homes Private Limited?

    The CIN of Midas Homes Private Limited is U55101TN1996PTC035642.

  • Where is Midas Homes Private Limited headquartered?

    Midas Homes Private Limited is headquartered at No.Ah-55, New No.Ah-42, Ground Floor-B 5Th Street, Anna Nagar, Chennai, Tamil Nadu, 600040.

  • When was Midas Homes Private Limited incorporated?

    Midas Homes Private Limited was incorporated on 03 June 1996.

  • Who are the current directors of Midas Homes Private Limited?

    The current directors of Midas Homes Private Limited are

  • What is the primary industry of Midas Homes Private Limited?

    The primary industry of Midas Homes Private Limited is Construction.

  • Is Midas Homes Private Limited a listed company?

    Midas Homes Private Limited is unlisted.

  • What is the capital structure of Midas Homes Private Limited?

    The authorized capital of Midas Homes Private Limited is ₹1.00 M, and the paid-up capital is ₹0.50 M.

  • What is the compliance status of Midas Homes Private Limited?

    The compliance status of Midas Homes Private Limited is Compliant.

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