Midas Rubber Pvt Ltd - Company Profile

It is a manufacturing private limited company based in Kottayam, Kerala, India, established in 1950.
1950 Kottayam, Kerala, India Active
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About Midas Rubber Pvt Ltd

Midas Rubber Pvt Ltd, a active private limited company, was established on 28 March 1950 in Kottayam, Kerala, India. Engaging in rubber-based products within the manufacturing sector, it holds CIN: U25191KL1951PTC000278. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹5.60 M.

Formerly known as Chandisons Ltd, Chandisons P Ltd. It upholds a compliant status. Employing 153 professional, Its leadership includes Varkey Varughese (Director), Malini Mathew Varughese (Director), Paulose Verghese (Director). Past directors included George Varughese, Mariam Varughese. It holds ₹3.16 Cr open charges and ₹3.49 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Midas Marketing Building Varisserry, Mariathuruthu P.O., Kottayam, Kerala, 686027.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U25191KL1951PTC000278

  • Registration Number

    000278

  • Incorporation Date

    28 March 1950

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹5.60 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.60 M
  • Company Age 75 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.16 Cr
  • Satisfied Charges ₹ 3.49 Cr
Company report

Midas Rubber Pvt Ltd

Company Report FY 2025-2026

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Who are the key members and board of directors at Midas Rubber Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Varkey Varughese Director 15 Oct 1999 Current
Malini Mathew Varughese Director 28 Aug 2025 Current
Paulose Verghese Director 04 Jan 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Aug 2025 Past
Pramod Abcsdd Director 04 Jan 2013 Past

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Financial Performance of Midas Rubber.
Midas Rubber revenue growth over time
Midas Rubber 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
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(FY 2022) (FY 2021) (FY 2020) (FY 2019)
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What is the Ownership and Shareholding Structure of Midas Rubber?

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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

₹31,571,932.00

Satisfied Charges

₹34,900,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 2.70 Cr
  • Bank Of Cochin Ltd. : 0.25 Cr
  • State Bank Of Travancore : 0.21 Cr
Latest Charge Details
Date Lender Amount Status
29 Jul 2024 State Bank Of India ₹9.00 M Open
29 Jul 2024 State Bank Of India ₹9.00 M Open
29 Jul 2024 State Bank Of India ₹9.00 M Open
25 Aug 2016 State Bank Of Travancore ₹0.11 M Open
23 Mar 2016 State Bank Of Travancore ₹1.08 M Open

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How Many Employees Work at Midas Rubber?

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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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Midas Rubber
Recent Activity within the Organization
  • Director Appointment

    Progress on Malini Mathew Varughese was appointed as a Director was appointed as a Director on 28 Aug 2025 & has been associated with this company since 5 months 15 days . was documented.

  • Annual General Meeting

    Midas Rubber Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 9.00 M with Charge ID 100961631 was registered on 29 Jul 2024. was completed.

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.00 M with Charge ID 100961686 was registered on 29 Jul 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 9.00 M with Charge ID 100961725 was registered on 29 Jul 2024. was documented.

  • Balance Sheet

    The activity Midas Rubber Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam. was completed.

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Frequently Asked Questions
What is the CIN of Midas Rubber Pvt Ltd?

The CIN of Midas Rubber Pvt Ltd is U25191KL1951PTC000278.

Where is Midas Rubber Pvt Ltd headquartered?

Midas Rubber Pvt Ltd is headquartered at Midas Marketing Building Varisserry, Mariathuruthu P.O., Kottayam, Kerala, 686027.

When was Midas Rubber Pvt Ltd incorporated?

Midas Rubber Pvt Ltd was incorporated on 28 March 1950.

Who are the current directors of Midas Rubber Pvt Ltd?

The current directors of Midas Rubber Pvt Ltd are

What is the primary industry of Midas Rubber Pvt Ltd?

The primary industry of Midas Rubber Pvt Ltd is Manufacturing.

Is Midas Rubber Pvt Ltd a listed company?

Midas Rubber Pvt Ltd is unlisted.

What is the capital structure of Midas Rubber Pvt Ltd?

The authorized capital of Midas Rubber Pvt Ltd is ₹7.50 M, and the paid-up capital is ₹5.60 M.

What is the compliance status of Midas Rubber Pvt Ltd?

The compliance status of Midas Rubber Pvt Ltd is Compliant.

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