Midas Homes Private Limited
Develops and constructs residential buildings in Chennai, Tamil Nadu since 1996.
1996 | Chennai, Tamil Nadu (India) | Active
Midas Homes Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.50 M
- Company Age 28 Year, 11 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%
About Midas Homes
Midas Homes Private Limited (MHPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 June 1996 and has a history of 28 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Midas Homes Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹0.79 M.
Madhavan Shashidharan and Padmaja Shashi serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101TN1996PTC035642
- Company No.
035642
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Real Estate and Construction
Midas Homes Private Limited
Explore comprehensive data for Midas Homes Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Midas Homes?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhavan Shashidharan  | Managing Director | 03-Jun-1996 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Padmaja Shashi | Director | 25-Aug-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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
₹0.79 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2021 | Hdfc Bank Limited | ₹0.79 M | Open |
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.
Deals i
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
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
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
- Annual General Meeting
Midas Homes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Midas Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.79 M with Charge ID 100519369 was registered on 09 Dec 2021.
- Director Appointment
Padmaja Shashi was appointed as a Director was appointed as a Director on 25 Aug 2017 & has been associated with this company since 7 years 9 months .
- 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 28 years 11 months .
- Company Incorporation
Midas Homes Private Limited was registered on 03 Jun 1996 with Roc Chennai & aged 28 years 11 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Midas Homes Private Limited?
Midas Homes Private Limited was incorporated on 03 Jun 1996.
What is authorized share capital and paid-up capital of Midas Homes Private Limited?
The authorized share capital of Midas Homes Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Midas Homes Private Limited?
Currently 2 directors are associated with Midas Homes Private Limited.
- Madhavan Pillai Shashidharan
- Padmaja Shashi
What is the registered address of Midas Homes Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Midas Homes Private Limited is No.Ah-55 New No.Ah-42 Ground Floor-B 5Th Street, Anna Nagar India, Chennai, Tamil Nadu, 600040.
What is the corporate identification number (CIN) and company number of Midas Homes Private Limited?
The corporate identification number (CIN) of Midas Homes Private Limited is U55101TN1996PTC035642 and the company number is 035642 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Midas Homes Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Midas Homes Private Limited has risen by 138.67%.
What change has been observed in the net worth of Midas Homes Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Midas Homes Private Limited has experienced an upsurge of 69.20%.
What are the total open charges for Midas Homes Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Midas Homes Private Limited amount to ₹ 0.79 M.
When was the last Balance Sheet of Midas Homes Private Limited filed with the ROC?
The most recent Balance Sheet for Midas Homes Private Limited was filed with the ROC on 31 Mar 2024.
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