Midas Treads (India) Private Limited - Company Profile

It is a machinery and equipment private limited company based in Kottayam, Kerala, India, established in 1997.
1997 Kottayam, Kerala, India Active
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About Midas Treads (India) Private Limited

Midas Treads (India) Private Limited, a active private limited company, was established on 18 February 1997 in Kottayam, Kerala, India. Engaging in industrial products retail & distribution within the manufacturing sector, it holds CIN: U25199KL1997PTC024585. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹6.10 M.

It upholds a compliant status. Employing 84 professional, Its leadership includes Varkey Varughese (Director), Paulose Verghese (Director). Past directors included Varkey Varughese, George Varughese, Mariam Varughese. It holds ₹5.98 Cr open charges and ₹39.57 Cr settled loans. Its latest AGM occurred on 20 September 2025, with the balance sheet filed on 31 March 2025. It is based at Midas Marketing Building Varissery, Mariathuruthu P.O, Kottayam, Kerala, 686027.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U25199KL1997PTC024585

  • Registration Number

    024585

  • Incorporation Date

    18 February 1997

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹6.10 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.10 M
  • Company Age 29 Year, 9 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.98 Cr
  • Satisfied Charges ₹ 39.57 Cr
  • Revenue Growth **** 32.61%
  • Profit Growth **** 89.20%
  • Ebitda **** 148.06%
  • Net Worth -0.58%
  • Total Assets -3.60%
Company report

Midas Treads (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Midas Treads (India) 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 Treads (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Varkey Varughese Director 01 Nov 2010 Current
Paulose Verghese Director 26 Jul 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 27 Mar 2019 Past
Pramod Abcsdd Director 28 Aug 2025 Past
Pramod Abcsdd Director 04 Jan 2013 Past

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Financial Performance of Midas Treads (India).

Midas Treads (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.61% increase. The company also saw a substantial improvement in profitability, with a 89.2% increase in profit. The company's net worth dipped by a decrease of 0.58%.

Midas Treads (India) revenue growth over time
Midas Treads (India) 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
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 32.61%
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*******
*******
Revenue from Operations
*******
 34.06%
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*******
*******
Total Assets
*******
 -3.60%
*******
*******
*******
*******
Profit or Loss
*******
 89.20%
*******
*******
*******
*******
Net Worth
*******
 -0.58%
*******
*******
*******
*******
EBITDA
*******
 148.06%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Midas Treads (India)?

In 2023, Midas Treads (India) 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

₹59,751,020.00

Satisfied Charges

₹395,655,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 4.86 Cr
  • Hdfc Bank Limited : 1.09 Cr
  • State Bank Of Travancore : 0.02 Cr
Latest Charge Details
Date Lender Amount Status
12 Jun 2025 Hdfc Bank Limited ₹1.09 Cr Open
28 Nov 2024 State Bank Of India ₹4.86 Cr Open
07 Jul 2016 State Bank Of Travancore ₹0.07 M Open
21 Jul 2015 State Bank Of Travancore ₹0.11 M Open
14 Jul 2014 State Bank Of Travancore ₹0.04 M Open

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How Many Employees Work at Midas Treads (India)?

Midas Treads (India) has a workforce of 84 employees as of Apr 09, 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 Treads (India), 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 Treads (India)'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 Treads (India)
Recent Activity within the Organization
  • Annual General Meeting

    The activity Midas Treads (India) Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.93 M with Charge ID 101119400 was registered on 12 Jun 2025. was recorded as a recent event.

  • Balance Sheet

    The activity Midas Treads (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam. was completed.

  • Charges

    The activity A charge registered on 05 Aug 2024 via Charge ID 100963695 with State Bank Of India was fully satisfied on 04 Dec 2024. was completed.

  • Charges

    The activity A charge registered on 01 Jul 2023 via Charge ID 100806532 with State Bank Of India was fully satisfied on 04 Dec 2024. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 48.60 M with Charge ID 101013198 was registered on 28 Nov 2024. was documented.

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Frequently Asked Questions
What is the CIN of Midas Treads (India) Private Limited?

The CIN of Midas Treads (India) Private Limited is U25199KL1997PTC024585.

Where is Midas Treads (India) Private Limited headquartered?

Midas Treads (India) Private Limited is headquartered at Midas Marketing Building Varissery, Mariathuruthu P.O, Kottayam, Kerala, 686027.

When was Midas Treads (India) Private Limited incorporated?

Midas Treads (India) Private Limited was incorporated on 18 February 1997.

Who are the current directors of Midas Treads (India) Private Limited?

The current directors of Midas Treads (India) Private Limited are

What is the primary industry of Midas Treads (India) Private Limited?

The primary industry of Midas Treads (India) Private Limited is Manufacturing.

Is Midas Treads (India) Private Limited a listed company?

Midas Treads (India) Private Limited is unlisted.

What is the capital structure of Midas Treads (India) Private Limited?

The authorized capital of Midas Treads (India) Private Limited is ₹7.50 M, and the paid-up capital is ₹6.10 M.

What is the compliance status of Midas Treads (India) Private Limited?

The compliance status of Midas Treads (India) Private Limited is Compliant.

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