Mod Furn Systems India Private Limited

Specializes in furniture trading and operates a large showroom, offering a variety of home and office furniture.

1996 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Mod Furn Systems India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 28 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.50 M
  • Satisfied Charges ₹ 17.80 Cr
  • Revenue Growth 9.79%
  • Profit Growth -74.99%
  • Ebitda -15.58%
  • Net Worth 13.37%
  • Total Assets -9.91%

About Mod Furn Systems India

Mod Furn Systems India Private Limited (MFSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 1996 and has a history of 28 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables 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 5.00 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹5.50 M. The company has closed loans amounting to ₹17.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramkumar Rajendran and Vidhyalakshmi Ramkumar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36102TN1996PTC036665

  • Company No.

    036665

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables
E-Commerce

Who are the key members and board of directors at Mod Furn Systems India?

Board Members (2)

Name Designation Appointment Date Status
Ramkumar Rajendran Country flag representing In Director 05-Aug-2016 Current
Vidhyalakshmi Ramkumar Country flag representing In Director 09-Feb-2018 Current

Financial Performance of Mod Furn Systems India.

Mod Furn Systems India Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.79% increase. The company also saw a substantial fall in profitability, with a 74.99% decrease in profit. The company's net worth Soared by an impressive increase of 13.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
9.79%
Revenue from Operations
22.73%
Total Assets
-9.91%
Profit or Loss
-74.99%
Net Worth
13.37%
EBITDA
-15.58%

What is the Ownership and Shareholding Structure of Mod Furn Systems India?

Unlock access to Mod Furn Systems India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.55 Cr

Satisfied Charges

₹17.80 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Ltd : 0.55 Cr

Latest Charge Details

Date Lender Amount Status
26 Oct 2010 Axis Bank Ltd ₹5.50 M Open
31 Jan 2020 Others ₹4.03 Cr Satisfied
15 Mar 2017 Sidbi ₹1.00 Cr Satisfied
02 Jan 2017 Sidbi ₹1.00 Cr Satisfied
09 May 2016 Sidbi ₹1.00 Cr Satisfied

How Many Employees Work at Mod Furn Systems India?

Mod Furn Systems India has a workforce of 1 employees as of Mar 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mod Furn Systems 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 Mod Furn Systems 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.

Latest Updates, News, and FAQs on Mod Furn Systems India

Recent activity within the organization

  • Annual General Meeting

    Mod Furn Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 31 Jan 2020 via Charge ID 100368110 with Others was fully satisfied on 24 Aug 2023.

    24 Aug 2023

  • Balance Sheet

    Mod Furn Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 30 Dec 1998 via Charge ID 90300851 with Karnataka Bank Ltd. was fully satisfied on 09 Sep 2020.

    09 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 4.03 Cr with Charge ID 100368110 was registered on 31 Jan 2020.

    31 Jan 2020

  • Director Appointment

    Vidhyalakshmi Ramkumar was appointed as a Director was appointed as a Director on 09 Feb 2018 & has been associated with this company since 7 years .

    09 Feb 2018

Frequently asked questions

  • Mod Furn Systems India Private Limited was incorporated on 30 Sep 1996.

  • The authorized share capital of Mod Furn Systems India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Mod Furn Systems India Private Limited.

    • Ramkumar Rajendran
    • Vidhyalakshmi Ramkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mod Furn Systems India Private Limited is No. 3 Kalingarayan Street Second Floor Royapettah, India, Chennai, Tamil Nadu, 600014.

  • The corporate identification number (CIN) of Mod Furn Systems India Private Limited is U36102TN1996PTC036665 and the company number is 036665 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mod Furn Systems India Private Limited is https://www.modfurn.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mod Furn Systems India Private Limited has risen by 9.79%.

  • As Per 2022 financial reports, 1 employees are currently employed by Mod Furn Systems India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mod Furn Systems India Private Limited has experienced an upsurge of 13.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mod Furn Systems India Private Limited amount to ₹ 5.50 M.

  • The most recent Balance Sheet for Mod Furn Systems India Private Limited was filed with the ROC on 31 Mar 2023.

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