Modenik Lifestyle Private Limited

Manufactures and sells innerwear garments for all ages, including licensed brand.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated: December 21, 2024

Modenik Lifestyle Profile

Key Indicators

  • Authorised Capital ₹ 89.25 Cr
  • Paid Up Capital ₹ 34.43 Cr
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 219.00 Cr
  • Satisfied Charges ₹ 339.34 Cr
  • Revenue Growth 16.00%
  • Profit Growth 232.52%
  • Ebitda 58.51%
  • Net Worth 132.23%
  • Total Assets 15.08%

About Modenik Lifestyle

Modenik Lifestyle Private Limited (MLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 February 2004 and has a history of 20 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Modenik Lifestyle Private Limited. The Company is engaged in the Fashion And Textile 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 89.25 Cr and a paid-up capital of Rs 34.43 Cr.

The company currently has active open charges totaling ₹219.00 Cr. The company has closed loans amounting to ₹339.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modenik Lifestyle Private Limited India are Manish Daga as Cfo, Nisha Jain as Company Secretary, and Shekhar Tewari as Ceo. Shantanu Khosla, Shweta Jalan, Girish Paranjape, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111KA2004PTC133522

  • Company No.

    010996

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 2004

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile

What products or services does Modenik Lifestyle Private Limited offer?

Modenik Lifestyle Private Limited offers a wide range of products and services, including Unisex Clothing, T Shirts, Winter Wear & Accessories, Winter Hoodies, Kids Casual, Ethnic & Western Wear, Kids Capri, Audio Mixer, Recorder & Transmitter, DJ Equipment, Audio Devices, Men Wear.

Who are the key members and board of directors at Modenik Lifestyle?

Executive Team (3)

NameDesignationAppointment DateStatus
Manish Daga Country flag representing In CFO30-Apr-2024Current
Nisha Jain Company Secretary29-Mar-2024Current
Shekhar Tewari CEO23-May-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Girish Paranjape Country flag representing In Director 20-Sep-2017Current
Shantanu Khosla Country flag representing In Director 20-Sep-2017Current
Shweta Jalan Country flag representing In Director 20-Sep-2017Current
Shekhar Tewari Country flag representing In Whole-Time Director 02-Apr-2024Current
Manish Daga Country flag representing In Whole-Time Director and Cfo 02-Apr-2024Current
Sahil Dalal Country flag representing In Director 20-Sep-2017Current

Financial Performance of Modenik Lifestyle.

Modenik Lifestyle Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16% increase. The company also saw a substantial improvement in profitability, with a 232.52% increase in profit. The company's net worth Soared by an impressive increase of 132.23%.

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
16.00%
Revenue from Operations
16.16%
Total Assets
15.08%
Profit or Loss
232.52%
Net Worth
132.23%
EBITDA
58.51%

What is the Ownership and Shareholding Structure of Modenik Lifestyle?

In 2022, Modenik Lifestyle had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹219.00 Cr

Satisfied Charges

₹339.34 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 130.00 Cr
  • Others : 45.00 Cr
  • Citi Bank N.A. : 44.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Apr 2022Others₹45.00 CrOpen
24 Nov 2021Citi Bank N.A.₹44.00 CrOpen
09 Dec 2015Hdfc Bank Limited₹130.00 CrOpen
18 Jul 2020Others₹30.00 CrSatisfied
03 Jan 2020Others₹20.00 CrSatisfied

How Many Employees Work at Modenik Lifestyle?

Modenik Lifestyle has a workforce of 3528 employees as of Apr 07, 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 Modenik Lifestyle, 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 Modenik Lifestyle'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 Modenik Lifestyle

Recent activity within the organization

  • Annual General Meeting

    Modenik Lifestyle Private Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

    16 Aug 2024

  • Director Appointment

    Vaidyanathan Viswanathan Lalgudi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jul 2024 & has been associated with this company since 6 months 21 days .

    12 Jul 2024

  • Director Appointment

    Shekhar Tewari was appointed as a Ceo was appointed as a Ceo on 23 May 2024 & has been associated with this company since 8 months 9 days .

    23 May 2024

  • Director Appointment

    Manish Daga was appointed as a Cfo was appointed as a Cfo on 30 Apr 2024 & has been associated with this company since 9 months 2 days .

    30 Apr 2024

  • Director Appointment

    Shekhar Tewari was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Apr 2024 & has been associated with this company since 9 months 30 days .

    02 Apr 2024

  • Director Appointment

    Manish Daga was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Apr 2024 & has been associated with this company since 9 months 30 days .

    02 Apr 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Modenik Lifestyle Private Limited was incorporated on 20 Feb 2004.

  • The authorized share capital of Modenik Lifestyle Private Limited is ₹ 89.25 Cr and paid-up capital is ₹ 34.43 Cr.

  • Currently 11 directors are associated with Modenik Lifestyle Private Limited.

    • Shantanu Maharaj Khosla
    • Shweta Jalan
    • Girish Shrikrishna Paranjape
    • Shekhar Tewari
    • Manish Daga
    • Sahil Dilip Dalal
    • Sunil Sethi
    • Vaidyanathan Viswanathan Lalgudi
    • Manish Daga
    • Nisha Jain
    • Shekhar Tewari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modenik Lifestyle Private Limited is No 28 36/5 Ferns Icon 4Th Floor Doddanekundi, Marathahalli Outer Ring Road India, Bangalore North, Karnataka, 560037.

  • The corporate identification number (CIN) of Modenik Lifestyle Private Limited is U17111KA2004PTC133522 and the company number is 010996 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modenik Lifestyle Private Limited is https://www.modenik.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Modenik Lifestyle Private Limited has risen by 16.00%.

  • As Per 2022 financial reports, 3528 employees are currently employed by Modenik Lifestyle Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Modenik Lifestyle Private Limited has experienced an upsurge of 132.23%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Modenik Lifestyle Private Limited amount to ₹ 219.00 Cr.

  • The most recent Balance Sheet for Modenik Lifestyle Private Limited was filed with the ROC on 31 Mar 2024.

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