Midas Touch Limited
About Midas Touch Limited
Data last updated:
Midas Touch Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 30 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U52219RJ1995PLC011161. Its GSTIN is 08AABCM2062J1ZK (Rajasthan).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Ashwani Poddar (Whole-Time Director) and Anirudh Poddar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 102 Meera Marg Bani Park, Jaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.63 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹13,164 (net margin 1%) and EBITDA of ₹13,286 (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 8% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.5 Lakh and satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Midas Touch has one previous CIN (Corporate Identification Number): U36911RJ1995PLC011161. The current CIN is U52219RJ1995PLC011161, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52219RJ1995PLC011161 | Current |
| U36911RJ1995PLC011161 | Previous |
Contact details
Midas Touch Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address204 Green Oak, D – 102 Meera Marg Bani Park, Jaipur, Rajasthan, India – 302016
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Midas Touch 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 Touch is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Midas Touch Limited, buy the company report.
Financials of Midas Touch Limited
FY 2025 filings availableMidas Touch Limited reported revenue of ₹13.63 Lakh (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 34% fall in the latest year. EBITDA fell 31% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13,286 | ||||
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| Net Profit (PAT) | ₹13,164 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Midas Touch Limited, buy the company report.
Board of directors of Midas Touch Limited
Midas Touch has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Poddar Also directs: A G Solitaires Designings LLP | Whole-Time Director | 15 Dec 1997 | 28 Years 10 Months | Current |
| Anirudh Poddar Also directs: Afrra Fashionware LLP | Director | 05 May 2021 | 5 Years 5 Months | Current |
| Purushottam Poddar | Director | 30 Nov 1995 | 30 Years 10 Months | Current |
Auditor
Midas Touch Limited is audited by M K Vaidh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K Vaidh & Associates | FY 2023 | 010332C |
Shareholding
The shareholding of Midas Touch Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Midas Touch Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2013 | 10445392 | Au Financiers (India) Limited | ₹2.5 Lakh | Open | |
| 17 Sep 1997 | 90070108 | Bank of Rajasthan Ltd. | ₹15 Lakh | Open | |
| 10 Feb 1997 | 90070014 | Bank of Rajasthan Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Midas Touch Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Midas Touch Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midas Touch Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Midas Touch Limited has a workforce of 6 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Midas Touch has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCM2062J1ZK | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midas Touch Limited, buy the company report.
Recent activity
Midas Touch Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Anirudh Poddar was appointed as Director on 05 May 2021.
Frequently asked questions
Midas Touch is an active public limited company based in Jaipur, Rajasthan, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 30 November 1995 (31+ years old) and is registered under CIN U52219RJ1995PLC011161.
Midas Touch has 3 current directors:
- Ashwani Poddar - Whole-Time Director
- Anirudh Poddar - Director
- Purushottam Poddar - Director
The latest financial statements of Midas Touch on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Midas Touch is 08AABCM2062J1ZK, registered in Rajasthan.
The CIN (Corporate Identification Number) of Midas Touch is U52219RJ1995PLC011161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midas Touch was incorporated on 30 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
Anirudh Poddar was appointed as Director on 05 May 2021. Ashwani Poddar ceased to be Director on 01 Apr 2014. Ashwani Poddar was appointed as Whole-Time Director on 15 Dec 1997. Midas Touch has 4 board changes on record in total.
The registered office of Midas Touch is at 204 Green Oak, D – 102 Meera Marg Bani Park, Jaipur, Rajasthan, India – 302016.
Midas Touch operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
Midas Touch has open charges of ₹17.5 Lakh and satisfied charges of ₹50 Lakh as per latest MCA filings.