Modella Woollens Limited

Established wool combing unit in Chandigarh with collaboration from UK company, incorporated in 1961.

1961 | Mumbai, Maharashtra (India) | Active
Last Updated: June 23, 2024

Modella Woollens Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.10 M
  • Company Age 63 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.20 M
  • Revenue Growth -70.55%
  • Profit Growth 235.85%
  • Ebitda 6.90%
  • Net Worth 97.95%
  • Total Assets 0.92%

About Modella Woollens

Modella Woollens Limited (MWL) was founded in India on 28 July 1961 and has a glorious history of 63 years and six months.Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 503772.

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 9.10 M.

The company has closed loans amounting to ₹1.20 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modella Woollens Limited India are Sneha Shukla as COMPANY SECRETARY and Chaitali Shah as Cfo. Alpa Shah, Sandeep Shah, and Nirav Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17120MH1961PLC012080

  • Company No.

    012080

  • Stock Symbol

    BSE : 503772

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1961

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Modella Woollens?

Executive Team (2)

Name Designation Appointment Date Status
Sneha Shukla Country flag representing In Company Secretary 19-Mar-2024 Current
Chaitali Shah CFO 10-Aug-2020 Current

Board Members (3)

Name Designation Appointment Date Status
Alpa Shah Country flag representing In Director 03-Nov-2021 Current
Sandeep Shah Country flag representing In Director 07-Feb-2018 Current
Nirav Shah Country flag representing In Director 30-May-2018 Current

Financial Performance of Modella Woollens.

Modella Woollens Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.55% decrease. The company also saw a substantial improvement in profitability, with a 235.85% increase in profit. The company's net worth Soared by an impressive increase of 97.95%.

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
-70.55%
Revenue from Operations
Total Assets
0.92%
Profit or Loss
235.85%
Net Worth
97.95%
EBITDA
6.90%

What is the Ownership and Shareholding Structure of Modella Woollens?

In 2022, Modella Woollens had a promoter holding of 45.83% and a public holding of 54.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.12 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 1982 Punjab National Bank ₹1.20 M Satisfied

How Many Employees Work at Modella Woollens?

Modella Woollens has a workforce of 2 employees as of Mar 31, 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 Modella Woollens, 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 Woollens'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 Modella Woollens

Recent activity within the organization

  • Director Appointment

    Sneha Upendra Shukla was appointed as a Company Secretary was appointed as a Company Secretary on 19 Mar 2024 & has been associated with this company since 10 months 15 days .

    19 Mar 2024

  • Annual General Meeting

    Modella Woollens Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Modella Woollens Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Alpa Vinesh Shah was appointed as a Director was appointed as a Director on 03 Nov 2021 & has been associated with this company since 3 years 3 months .

    03 Nov 2021

  • Director Appointment

    Chaitali Viral Shah was appointed as a Cfo was appointed as a Cfo on 10 Aug 2020 & has been associated with this company since 4 years 5 months .

    10 Aug 2020

  • Director Appointment

    Nirav Vilas Shah was appointed as a Director was appointed as a Director on 30 May 2018 & has been associated with this company since 6 years 8 months .

    30 May 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Modella Woollens Limited was incorporated on 28 Jul 1961.

  • The authorized share capital of Modella Woollens Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.10 M.

  • Currently 5 directors are associated with Modella Woollens Limited.

    • Sneha Upendra Shukla
    • Chaitali Viral Shah
    • Alpa Vinesh Shah
    • Sandeep Pramod Shah
    • Nirav Vilas Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modella Woollens Limited is 4C Vulcan Insurance Bldgnariman Road, Mumbai, Maharashtra, India, 400020.

  • The corporate identification number (CIN) of Modella Woollens Limited is L17120MH1961PLC012080 and the company number is 012080 as per Ministry of Corporate Affairs (MCA).

  • Yes, Modella Woollens Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Modella Woollens Limited is https://www.modellawoollens.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modella Woollens Limited has fallen by -70.55%.

  • As Per 2023 financial reports, 2 employees are currently employed by Modella Woollens Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modella Woollens Limited has experienced an upsurge of 97.95%.

  • The most recent Balance Sheet for Modella Woollens Limited was filed with the ROC on 31 Mar 2023.

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