Midas Group

What Midas Group does

Midas Group is a Nepal-based, privately held importer and distributor of batteries, automotive products, and industrial lubricants, headquartered in Kathmandu and operating with a workforce in the 11-50 range. Founded in 2014, the company sits within Nepal's import-dependent supply chain for energy storage and industrial consumables, channeling foreign-manufactured goods to downstream automotive, retail, and industrial buyers across the domestic market. Its functional role is classic trade intermediation: sourcing product from overseas principals, holding inventory domestically, and distributing through dealer and direct channels to end users.

The company's product portfolio spans three adjacent categories — batteries (likely including automotive SLI and possibly industrial standby cells), automotive aftermarket goods, and industrial lubricants (oils, greases, and process fluids) — which together serve both mobility and heavy-industry demand. Business model mechanics typical of this segment are margin-on-resale plus brand-authorization economics: revenue is generated by selling imported inventory at markup over landed cost, with profitability sensitive to foreign-exchange movements, customs duties, principal pricing, and freight costs. The firm does not operate a disclosed software or platform layer; its core assets are its supplier relationships, inventory, and customer reach in Nepal.

The available source material is notably thin. The corporate website (midasgroup.com.np) returns only a loading/verification screen, and no press, regulatory filings, ownership disclosures, leadership bios, customer lists, or product-level pricing information were accessible. As a result, while the company's sector positioning and operating status are clear, granular revenue, customer mix, funding history, and strategic intent cannot be evidenced from public sources at this time.

Name

Midas Group

Website

https://midasgroup.com.np

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Midas Group is a Kathmandu-based importer and distributor of batteries, automotive products, and industrial lubricants, serving Nepal's domestic automotive aftermarket and industrial buyers since its founding in 2014.

Ownership category

akta.pro rank

Product category

Automotive Parts & Lubricant Distribution

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Lubricants, Fluids & Chemical Products Distribution (Oils, Coolants, AdBlue/DEF, Cleaners) (TLAKAOAL)

Keywords

• Battery distribution
• Automotive lubricants
• Industrial lubricants
• Auto parts import
• Lubricant supply

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations

Core offering

Midas Group is an importer and distributor of batteries, automotive lubricants, and industrial lubricants serving the Nepali market. The company procures products from upstream/foreign suppliers and resells them to downstream automotive and industrial customers based in Kathmandu, Nepal.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Broad incumbents

• Indian Oil Corporation: Largest Indian PSU oil company with extensive Servo lubricants brand distribution across South Asia, including Nepal. Comparable as a multi-category lubricant and petroleum-products distributor.
• TotalEnergies Lubricants: Global lubricants player with South Asia distribution of automotive and industrial lubricants, including partnerships with regional importers in markets like Nepal.
• BPCL (Bharat Petroleum Corporation): Major Indian state-owned oil marketer with lubricant and battery-adjacent distribution across South Asia, including cross-border supply into Nepal. Comparable as a lubricant/automotive fluid distributor serving similar downstream channels.
• Shell Lubricants (South Asia): Global lubricant major with established South Asia distribution networks for automotive and industrial oils, including presence in Nepal. Comparable in the same product category and channel structure.

Direct peers

• Castrol India: Leading automotive and industrial lubricant brand distributed widely across South Asia, including Nepal via local partners. Comparable as a lubricant distribution/import business serving automotive workshops and industrial buyers.
• Gulf Oil International: Global lubricant brand with significant South Asia distribution through local importers in India and adjacent markets including Nepal. Comparable as a lubricant distribution/import business.
• Exide Industries: India's largest battery manufacturer and distributor with significant export and Nepal presence. Comparable as a battery distribution business serving automotive aftermarket channels in the same regional market.
• Tide Water Oil Co. (Veedol): Indian-headquartered lubricant manufacturer and distributor with strong presence in Nepal and other South Asian markets. Comparable as an automotive and industrial lubricant distributor in the same regional ecosystem.

Regional players

• Amara Raja Energy & Mobility: Indian battery major (Amaron brand) with South Asia distribution including Nepal. Comparable as a battery importer-distributor serving automotive and industrial replacement markets.
• Savita Oil Technologies: Indian specialty lubricant manufacturer and distributor with South Asia footprint. Comparable in industrial and automotive lubricant distribution, primarily serving India-adjacent markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Midas Group