About Midas International (India) Limited
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Midas International (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 16 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U60231MH2012PLC227031. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Sagar Chetan Vora and Meena Chetan Vora.
Its last annual general meeting (AGM) was held on 13 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18 Ravi Kiran Plot No. 58B New Link Road Andheri – West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.36 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹1,174 (net margin -0.5%) and EBITDA of -₹1,174 (EBITDA margin -0.5%).
Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
For more details, the company can be reached via its website midas-intl.com.
Company details
Contact details
Midas International (India) Limited's registered office is in Mumbai, Maharashtra. Its website is midas-intl.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address18 Ravi Kiran Plot No. 58B New Link Road Andheri – West, Mumbai, Maharashtra, India – 400053
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Midas International (India) Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Midas International (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Midas International (India) Limited, buy the company report.
Financials of Midas International (India) Limited
FY 2024 filings availableMidas International (India) Limited reported revenue of ₹2.36 Lakh (down 38% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.36 Lakh | ||||
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| EBITDA | -₹1,174 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,174 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Midas International (India) Limited, buy the company report.
Board of directors of Midas International (India) Limited
Midas International (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Chetan Vora | Director | 16 Feb 2012 | 14 Years 8 Months | Current |
| Meena Chetan Vora | Director | 16 Feb 2012 | 14 Years 8 Months | Current |
| Sujeet Kumar | Additional Director | 26 May 2025 | 1 Years 5 Months | Current |
Legal cases
Midas International (India) Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Pushpak Steel Industries Pvt. Limited Through Rajesh Sonraj Oswal | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ms Pushpak Steel Industries Pvt. Ltd. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Cheque dishonour complaint | Filed against the company by Bhavya Inducto Steel Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Pratik Pulp Pvt Ltd | Disposed |
To see the full case history of Midas International (India) Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midas International (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midas International (India) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Midas International (India) Limited, buy the company report.
Recent activity
Midas International (India) Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Karan Chetan Vora ceased to be Director on 26 May 2025.
Frequently asked questions
Midas International (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 16 February 2012 (14+ years old) and is registered under CIN U60231MH2012PLC227031.
Midas International (India) has 3 current directors:
- Sagar Chetan Vora - Director
- Meena Chetan Vora - Director
- Sujeet Kumar - Additional Director
The latest financial statements of Midas International (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 September 2024. Year-wise statements from 2015 are in the company report.
No. Midas International (India) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Midas International (India) is U60231MH2012PLC227031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas International (India) has 6 court cases on record: 6 filed against it. 1 is pending.
Midas International (India) was incorporated on 16 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Karan Chetan Vora ceased to be Director on 26 May 2025. Sujeet Kumar was appointed as Additional Director on 26 May 2025. Chetan Rameshchandra Vora ceased to be Director on 22 May 2024. Midas International (India) has 5 board changes on record in total.
Midas International (India) can be reached through the website midas-intl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Midas International (India) is at 18 Ravi Kiran Plot No. 58B New Link Road Andheri – West, Mumbai, Maharashtra, India – 400053.
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