Modella Woollens Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 9.10 M
- Company Age 63 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- 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 seven 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 2024. 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 Chaitali Shah as Cfo, Devang Parikh as Ceo, and Sneha Shukla as Company Secretary. Mehul Trivedi, Sandeep Shah, Nirav Shah, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Manufacturing
Who are the key members and board of directors at Modella Woollens?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chaitali Shah | CFO | 10-Aug-2020 | Current |
| Devang Parikh | CEO | 25-Apr-2024 | Current |
Sneha Shukla  | Company Secretary | 19-Mar-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mehul Trivedi | Director | 20-Oct-2023 | Current |
| Sandeep Shah | Director | 07-Feb-2018 | Current |
| Nirav Shah | Director | 30-May-2018 | Current |
| Alpa Shah | Director | 03-Nov-2021 | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
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Sunder Suvidha LlpSandeep Shah is a mutual person
- Sks M&A Consultancy Llp
Sandeep Shah is a mutual person
- Sps Business Advisory Llp
Sandeep Shah is a mutual person
- Sps Consultants Insurance Brokers Llp
Sandeep Shah is a mutual person
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.
Deals i
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
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.
Latest Updates, News, and FAQs on Modella Woollens
Recent activity within the organization
- Annual General Meeting
Modella Woollens Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Devang Jasvant Parikh was appointed as a Ceo was appointed as a Ceo on 25 Apr 2024 & has been associated with this company since 10 months 11 days .
- Balance Sheet
Modella Woollens Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 11 months 18 days .
- Director Appointment
Mehul Shashivadan Trivedi was appointed as a Director was appointed as a Director on 20 Oct 2023 & has been associated with this company since 1 year 4 months .
- 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 4 months .
Recent News, Updates & Announcement
Modella Woollens all directors resings.Intimation of Resignation of (i) Mr. Vinod Kumar Grover; (ii) Mrs. Gopee Grover; (iii) Mr. Binod Kumar Khemka and (iv) Mr. Rajendra Kumar Chaudhary as the Directors of the Company with effect from close of business hours of February 07, 2018..
- Company Welcomes New Directors: Mr. Sandeep Shah, Mr. Pramod Shah, and Mrs. Kalpana Shah #BossMoves #BSEannouncement.
When your squad gets new members: Mr. Sandeep Shah, Mr. Pramod Shah, and Mrs. Kalpana Shah as Additional Directors of the Company. #BossMoves #NewAdditions #BSEannouncement.
Frequently asked questions
What is the Incorporation or founding date of Modella Woollens Limited?
Modella Woollens Limited was incorporated on 28 Jul 1961.
What is authorized share capital and paid-up capital of Modella Woollens Limited?
The authorized share capital of Modella Woollens Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.10 M.
Who are the current board members & directors of Modella Woollens Limited?
Currently 7 directors are associated with Modella Woollens Limited.
- Mehul Shashivadan Trivedi
- Sandeep Pramod Shah
- Chaitali Viral Shah
- Nirav Vilas Shah
- Alpa Vinesh Shah
- Devang Jasvant Parikh
- Sneha Upendra Shukla
What is the registered address of Modella Woollens Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modella Woollens Limited is 4C Vulcan Insurance Bldgnariman Road India, Mumbai, Maharashtra, 400020.
What is the corporate identification number (CIN) and company number of Modella Woollens Limited?
The corporate identification number (CIN) of Modella Woollens Limited is L17120MH1961PLC012080 and the company number is 012080 as per Ministry of Corporate Affairs (MCA).
Is Modella Woollens Limited registered with any stock exchange in India?
Yes, Modella Woollens Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Modella Woollens Limited?
The Official website of Modella Woollens Limited is https://www.modellawoollens.com
What has been the recent revenue trend for Modella Woollens Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modella Woollens Limited has fallen by -70.55%.
How many employees does Modella Woollens Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Modella Woollens Limited.
What change has been observed in the net worth of Modella Woollens Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modella Woollens Limited has experienced an upsurge of 97.95%.
When was the last Balance Sheet of Modella Woollens Limited filed with the ROC?
The most recent Balance Sheet for Modella Woollens Limited was filed with the ROC on 31 Mar 2024.
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