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:
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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 2025, with the balance sheet filed on 31 March 2025. It is based at No.Ah-55, New No.Ah-42, Ground Floor-B 5Th Street, Anna Nagar, Chennai, Tamil Nadu, 600040.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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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 Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 30 Year, 27 Days
  • Last Filing with ROC 31 Mar 2025
  • 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 2026-2027

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Padmaja Shashi Director 25 Aug 2017 Current
Ashwin Shashi Director 10 Jul 2025 Current
Madhavan Pillai Shashidharan Managing Director 03 Jun 1996 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 Jul 2013 Past
Pramod Abcsdd Director Appointed In Casual Vacancy 08 Jul 2013 Past
Pramod Abcsdd Whole-Time Director 11 Nov 2017 Past
Pramod Abcsdd Director 28 Mar 2008 Past
Pramod Abcsdd Managing Director 31 Mar 2019 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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%
*******
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*******
*******
Revenue from Operations
*******
 147.25%
*******
*******
*******
*******
Total Assets
*******
 7.54%
*******
*******
*******
*******
Profit or Loss
*******
 825.47%
*******
*******
*******
*******
Net Worth
*******
 69.20%
*******
*******
*******
*******
EBITDA
*******
 1247.38%
*******
*******
*******
*******

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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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
09 Dec 2021 Hdfc Bank Limited ₹0.79 M Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Midas Homes
Recent Activity within the Organization
  • Annual General Meeting

    The activity Midas Homes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Ashwin Shashi was appointed as a Director was appointed as a Director on 10 Jul 2025 & has been associated with this company since 11 months 21 days . was documented.

  • Balance Sheet

    Progress on Midas Homes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.79 M with Charge ID 100519369 was registered on 09 Dec 2021. was completed.

  • 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 10 months . was documented.

  • Director Appointment

    The activity 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 30 years 27 days . was completed.

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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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