Model Economic Township Limited

Develops industrial model township in Jhajjar and Gurgaon, owned by Reliance Ventures Limited.

2006 | Gurugram, Haryana (India) | Active
Last Updated:

Model Economic Township Profile

Key Indicators

  • Authorised Capital ₹ 571.10 Cr
  • Paid Up Capital ₹ 97.00 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 77.70%
  • Profit Growth 15.42%
  • Ebitda 127.63%
  • Net Worth -96.27%
  • Total Assets 1.34%

About Model Economic Township

Model Economic Township Limited (METL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 October 2006 and has a history of 18 years and four months. Its registered office is in Gurugram, Haryana, India.

The Corporate was formerly known as Reliance Haryana Sez Limited. The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 571.10 Cr and a paid-up capital of Rs 97.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Model Economic Township Limited India are Sudhir Jain as CFO and Ankita Bajaj as Company Secretary. Shrivallabh Goyal, Ramesh Damani, Shanker Adawal, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U70109HR2006PLC036416

  • Company No.

    036416

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 2006

  • Date of AGM

    07 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Model Economic Township?

Executive Team (2)

NameDesignationAppointment DateStatus
Sudhir Jain Country flag representing In CFO12-Oct-2015Current
Ankita Bajaj Company Secretary20-Mar-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Shanker Adawal Country flag representing In Director 09-Oct-2006Current
Naresh Jain Country flag representing In Director 13-Aug-2019Current
Shrivallabh Goyal Country flag representing In Whole-Time Director 08-Oct-2012Current
Ramesh Damani Country flag representing In Director 06-Sep-2014Current
Basant Parasramka Country flag representing In Director 07-Oct-2022Current
Sudhir Jain Country flag representing In Whole-Time Director and Cfo 07-Sep-2023Current

Financial Performance of Model Economic Township.

Model Economic Township Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.7% increase. The company also saw a substantial improvement in profitability, with a 15.42% increase in profit. The company's net worth observed a substantial decline by a decrease of 96.27%.

Model Economic Township revenue growth over time
Model Economic Township 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
77.70%
Revenue from Operations
79.73%
Total Assets
1.34%
Profit or Loss
15.42%
Net Worth
-96.27%
EBITDA
127.63%

What is the Ownership and Shareholding Structure of Model Economic Township?

In 2023, Model Economic Township had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Model Economic Township?

Model Economic Township has a workforce of 63 employees as of Apr 02, 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 growth trends for Model Economic Township Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Model Economic Township, 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 Model Economic Township'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 Model Economic Township

Recent activity within the organization

  • Annual General Meeting

    Model Economic Township Limited last Annual general meeting of members was held on 07 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Model Economic Township Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Ankita Bajaj was appointed as a Company Secretary was appointed as a Company Secretary on 20 Mar 2024 & has been associated with this company since 11 months 15 days .

  • Director Appointment

    Ritu Bhojak was appointed as a Director was appointed as a Director on 11 Oct 2023 & has been associated with this company since 1 year 4 months .

  • Director Appointment

    Sudhir Kumar Jain was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Basant Kumar Parasramka was appointed as a Director was appointed as a Director on 07 Oct 2022 & has been associated with this company since 2 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Model Economic Township Limited?

    Model Economic Township Limited was incorporated on 09 Oct 2006.

  • What is authorized share capital and paid-up capital of Model Economic Township Limited?

    The authorized share capital of Model Economic Township Limited is ₹ 571.10 Cr and paid-up capital is ₹ 97.00 Cr.

  • Who are the current board members & directors of Model Economic Township Limited?

    Currently 9 directors are associated with Model Economic Township Limited.

    • Shrivallabh Goyal
    • Ramesh Kumar Damani
    • Shanker Adawal
    • Naresh Kumar Jain
    • Basant Kumar Parasramka
    • Sudhir Kumar Jain
    • Ritu Bhojak
    • Sudhir Kumar Jain
    • Ankita Bajaj

  • What is the registered address of Model Economic Township Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Model Economic Township Limited is 3Rd Floor 77-B Iffco Road, Sector-18 India, Gurgaon, Haryana, 122015.

  • What is the corporate identification number (CIN) and company number of Model Economic Township Limited?

    The corporate identification number (CIN) of Model Economic Township Limited is U70109HR2006PLC036416 and the company number is 036416 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Model Economic Township Limited?

    The Official website of Model Economic Township Limited is https://www.modeleconomictownship.com

  • What has been the recent revenue trend for Model Economic Township Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Model Economic Township Limited has risen by 77.70%.

  • How many employees does Model Economic Township Limited currently have?

    As Per 2023 financial reports, 63 employees are currently employed by Model Economic Township Limited.

  • What change has been observed in the net worth of Model Economic Township Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Model Economic Township Limited has experienced an downturn of -96.27%.

  • When was the last Balance Sheet of Model Economic Township Limited filed with the ROC?

    The most recent Balance Sheet for Model Economic Township Limited was filed with the ROC on 31 Mar 2024.

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