Midas Safety Products Private Limited - Company Profile

It is a manufacturing private limited company based in Coimbatore, Tamil Nadu, India, established in 2011.
2011 Coimbatore, Tamil Nadu, India Amalgamated
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About Midas Safety Products Private Limited

Midas Safety Products Private Limited, a amalgamated private limited company, was established on 12 May 2011 in Coimbatore, Tamil Nadu, India. Engaging in security products within the manufacturing sector, it holds CIN: U18100TZ2011PTC017056. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹7.45 Cr and a paid-up capital of ₹5.18 Cr.

Employing 65 professional, Its leadership includes Mohamed Kassam (Director), Pudukkaraipudur Srinivasan Balaji (Director), Meenaz Kassam (Director). Past directors included Jaseel K Puthiyapurayil, Mohamed Kassam, Sunny Antony. It holds no open charges and ₹5.50 Cr settled loans. Its latest AGM occurred on 28 September 2017, with the balance sheet filed on 31 March 2017. It is based at 2/31A, Thennampalayam, Annur Road, Arasur, Coimbatore, Tamil Nadu, 641407.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U18100TZ2011PTC017056

  • Registration Number

    017056

  • Incorporation Date

    12 May 2011

  • Authorized Capital

    ₹7.45 Cr

  • Paid-Up Capital

    ₹5.18 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 7.45 Cr
  • Paid Up Capital ₹ 5.18 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth **** 59.90%
  • Profit Growth **** -358.37%
  • Ebitda **** 85.72%
  • Net Worth -94.23%
  • Total Assets -51.59%
Company report

Midas Safety Products Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Midas Safety Products 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 Safety Products Private Limited?
Current Directors
Name Designation Appointment Date Status
Mohamed Kassam Director 02 May 2013 Current
Pudukkaraipudur Srinivasan Balaji Director 19 Aug 2013 Current
Meenaz Kassam Director 02 May 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Alternate Director 02 Sep 2013 Past
Pramod Abcsdd Additional Director 27 Sep 2013 Past
Pramod Abcsdd Director 14 Jun 2013 Past
Pramod Abcsdd Additional Director 27 Sep 2013 Past
Pramod Abcsdd Additional Director 27 Sep 2013 Past
Pramod Abcsdd Director 31 May 2013 Past

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Financial Performance of Midas Safety Products.

Midas Safety Products Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 59.9% increase. The company also saw a substantial fall in profitability, with a 358.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 94.23%.

Midas Safety Products revenue growth over time
Midas Safety Products 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
********
 59.90%
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*******
*******
*******
Revenue from Operations
*******
 60.02%
*******
*******
*******
*******
Total Assets
*******
 -51.59%
*******
*******
*******
*******
Profit or Loss
*******
 -358.37%
*******
*******
*******
*******
Net Worth
*******
 -94.23%
*******
*******
*******
*******
EBITDA
*******
 85.72%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Midas Safety Products?

In 2017, Midas Safety Products 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

₹0

Satisfied Charges

₹55,000,000.00

Charges Breakdown by Lending Institutions
  • The Hongkong And Shanghai Banking Corporation Limited : 5.50 Cr
Latest Charge Details
Date Lender Amount Status
08 Oct 2012 The Hongkong And Shanghai Banking Corporation Limited ₹5.50 Cr Satisfied

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How Many Employees Work at Midas Safety Products?

Midas Safety Products has a workforce of 65 employees as of Apr 07, 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.

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 Safety Products, 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 Products'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 Safety Products
Recent Activity within the Organization
  • Annual General Meeting

    Midas Safety Products Private Limited last Annual general meeting of members was held on 28 Sep 2017 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Midas Safety Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Coimbatore. was documented.

  • Director Appointment

    Progress on Pudukkaraipudur Srinivasan Balaji was appointed as a Director was appointed as a Director on 19 Aug 2013 & has been associated with this company since 12 years 6 months . was documented.

  • Charges

    Progress on A charge registered on 08 Oct 2012 via Charge ID 10379834 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Jun 2013. was documented.

  • Director Appointment

    Mohamed Kassam was appointed as a Director was appointed as a Director on 02 May 2013 & has been associated with this company since 12 years 9 months . was recorded as a recent event.

  • Director Appointment

    The activity Meenaz Kassam was appointed as a Director was appointed as a Director on 02 May 2013 & has been associated with this company since 12 years 9 months . was completed.

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Frequently Asked Questions
What is the CIN of Midas Safety Products Private Limited?

The CIN of Midas Safety Products Private Limited is U18100TZ2011PTC017056.

Where is Midas Safety Products Private Limited headquartered?

Midas Safety Products Private Limited is headquartered at 2/31A, Thennampalayam, Annur Road, Arasur, Coimbatore, Tamil Nadu, 641407.

When was Midas Safety Products Private Limited incorporated?

Midas Safety Products Private Limited was incorporated on 12 May 2011.

Who are the current directors of Midas Safety Products Private Limited?

The current directors of Midas Safety Products Private Limited are

What is the primary industry of Midas Safety Products Private Limited?

The primary industry of Midas Safety Products Private Limited is Manufacturing.

Is Midas Safety Products Private Limited a listed company?

Midas Safety Products Private Limited is unlisted.

What is the capital structure of Midas Safety Products Private Limited?

The authorized capital of Midas Safety Products Private Limited is ₹7.45 Cr, and the paid-up capital is ₹5.18 Cr.

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