Midas Safety Private Limited, a active private limited company, was established on 11 May 2006 in Kancheepuram, Tamil Nadu, India. Engaging in security products within the manufacturing sector, it holds CIN: U74999TN2006PTC114802. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹28.45 Cr and a paid-up capital of ₹7.64 Cr.
Formerly known as Frontier Safety Products Pvt Ltd. It upholds a compliant status. Employing 140 professional, Its leadership includes Abhijit Anand Gosavi (Director), Pudukkaraipudur Srinivasan Balaji (Director), Krithivasan Sivakumar (Director). Past directors included Jaseel K Puthiyapurayil, Anirudh Singh, Mohamed Kassam. It holds ₹1.75 M open charges and ₹67.97 Cr settled loans. Its latest AGM occurred on 30 November 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No B-45, Sipcot Industrial Park Thandalam, Sriperumbudur, Kancheepuram, Tamil Nadu, 602105.
U74999TN2006PTC114802
114802
11 May 2006
₹28.45 Cr
₹7.64 Cr
Roc Chennai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abhijit Anand Gosavi | Director | 31 Oct 2019 | Current |
| Pudukkaraipudur Srinivasan Balaji | Director | 27 Dec 2014 | Current |
| Krithivasan Sivakumar | Director | 10 Mar 2022 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Alternate Director | 02 Sep 2013 | Past |
| Pramod Abcsdd | Director | 10 Sep 2007 | Past |
| Pramod Abcsdd | Director | 31 Oct 2019 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Director | 14 Jun 2013 | Past |
| Pramod Abcsdd | Additional Director | 20 Jan 2020 | Past |
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Midas Safety Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.83% decrease. The company also saw a substantial improvement in profitability, with a 44.38% increase in profit. The company's net worth observed a substantial decline by a decrease of 28.86%.
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In 2023, Midas Safety 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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₹1,747,000.00
₹679,710,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2020 | Hdfc Bank Limited | ₹1.75 M | Open |
| 18 Aug 2021 | Hdfc Bank Limited | ₹2.79 Cr | Satisfied |
| 26 Mar 2021 | Hdfc Bank Limited | ₹21.74 Cr | Satisfied |
| 28 May 2013 | The South Indian Bank Ltd | ₹5.00 Cr | Satisfied |
| 21 Feb 2012 | Axis Bank Limited | ₹4.50 M | Satisfied |
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Midas Safety has a workforce of 140 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Midas Safety, 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 Safety's trajectory.
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The activity Midas Safety Private Limited last Annual general meeting of members was held on 30 Nov 2024 as per latest MCA records. was completed.
The activity A charge registered on 18 Aug 2021 via Charge ID 100477798 with Hdfc Bank Limited was fully satisfied on 25 Jun 2024. was completed.
Progress on A charge registered on 26 Mar 2021 via Charge ID 100449498 with Hdfc Bank Limited was fully satisfied on 25 Jun 2024. was documented.
Midas Safety Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.
Progress on A charge with Hdfc Bank Limited of Rs. 21.74 Cr registered on 26 Mar 2021 with Charge ID 100449498 was modified on 17 Mar 2022. was documented.
Krithivasan Sivakumar was appointed as a Director was appointed as a Director on 10 Mar 2022 & has been associated with this company since 3 years 8 months . was recorded as a recent event.
The CIN of Midas Safety Private Limited is U74999TN2006PTC114802.
Midas Safety Private Limited is headquartered at Plot No B-45, Sipcot Industrial Park Thandalam, Sriperumbudur, Kancheepuram, Tamil Nadu, 602105.
Midas Safety Private Limited was incorporated on 11 May 2006.
The current directors of Midas Safety Private Limited are
The primary industry of Midas Safety Private Limited is Manufacturing.
Midas Safety Private Limited is unlisted.
The authorized capital of Midas Safety Private Limited is ₹28.45 Cr, and the paid-up capital is ₹7.64 Cr.
The compliance status of Midas Safety Private Limited is Compliant.
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