Modella Textile Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 53 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 275.50 Cr
- Satisfied Charges ₹ 837.85 Cr
- Revenue Growth %
- Profit Growth -100.82%
- Ebitda -112.37%
- Net Worth -0.30%
- Total Assets -0.03%
About Modella Textile Industries
Modella Textile Industries Limited (MTIL) was founded in India on 30 March 1971 and has a glorious history of 53 years and ten months.Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Modella Textile Industries Private Limited. The Company is engaged in the Real Estate And Construction 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 1.00 Cr.
The company currently has active open charges totaling ₹275.50 Cr. The company has closed loans amounting to ₹837.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajay Ashar, Umesh Mehta, and Leena Desai serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U45201MH1971PLC015082
- Company No.
015082
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Mar 1971
- Date of AGM
23 Apr 2024
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Modella Textile Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Ashar  | Director | Current | |
| Umesh Mehta | Director | Current | |
| Leena Desai | Director | Current |
Financial Performance of Modella Textile Industries.
Modella Textile Industries Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 100.82% decrease in profit. The company's net worth dipped by a decrease of 0.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modella Textile Industries?
In 2023, Modella Textile Industries had a promoter holding of 99.74% and a public holding of 0.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ashar Realty Private LimitedAjay Ashar is a mutual person
Ashar Developers Private LimitedAjay Ashar is a mutual person
Ashar Construction Private LimitedAjay Ashar is a mutual person
Arunis Abode LimitedLeena Desai is a mutual person
Toscano Infracon Private LimitedAjay Ashar is a mutual person
- Shelter Realty Private Limited
Ajay Ashar is a mutual person
Charges (Loans)
₹275.50 Cr
₹837.85 Cr
Charges Breakdown by Lending Institutions
- Others : 275.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2023 | Others | ₹275.50 Cr | Open |
| 17 Nov 2017 | Others | ₹140.00 Cr | Satisfied |
| 17 Nov 2017 | Others | ₹310.00 Cr | Satisfied |
| 29 Sep 2016 | Others | ₹50.00 Cr | Satisfied |
| 22 Mar 2016 | Idbi Trusteeship Services Limited | ₹176.00 Cr | Satisfied |
How Many Employees Work at Modella Textile Industries?
Unlock and access historical data on people associated with Modella Textile 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 Modella Textile 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 Modella Textile 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.
