Mod Ceramic Industries Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 28 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 7.19 Cr
- Revenue Growth -52.62%
- Profit Growth -334.17%
- Ebitda -457.23%
- Net Worth -159.18%
- Total Assets -26.50%
About Mod Ceramic Industries
Mod Ceramic Industries Limited (MCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 December 1996 and has a history of 28 years and one month. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company has closed loans amounting to ₹7.19 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Mahadevbhai Varneshiya, Ramesh Varneshiya, Chandrikaben Varneshiya, and Three other members serve as directors at the Company.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
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Apps
Corporate Identity Details
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CIN/LLPIN
U26914GJ1996PLC031255
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Company No.
031255
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
09 Dec 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Mod Ceramic Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahadevbhai Varneshiya
|
Managing Director | 09-Jan-1997 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Ramesh Varneshiya
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Whole-Time Director | 01-Jun-2008 | Current |
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Chandrikaben Varneshiya
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Director | 09-Jan-1997 | Current |
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Heenaben Varneshiya
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Director | 09-Jan-1997 | Current |
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Nilay Varneshiya
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Whole-Time Director | 24-Apr-2003 | Current |
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Kushal Varneshiya
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Whole-Time Director | 01-Jun-2008 | Current |
Financial Performance of Mod Ceramic Industries.
Mod Ceramic Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.62% decrease. The company also saw a substantial fall in profitability, with a 334.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 159.18%.
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What is the Ownership and Shareholding Structure of Mod Ceramic Industries?
In 2023, Mod Ceramic Industries had a promoter holding of 67.17% and a public holding of 32.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tieic LlpNilay Varneshiya and Kushal Varneshiya are mutual person
Charges (Loans)
₹0
₹7.19 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 7.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2004 | Indian Overseas Bank | ₹7.19 Cr | Satisfied |
How Many Employees Work at Mod Ceramic Industries?
Unlock and access historical data on people associated with Mod Ceramic Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mod Ceramic Industries, 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 Mod Ceramic Industries's trajectory.
Rating
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
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.
