Modern Acrylics Private Limited
Textile manufacturing company incorporated in 2003, based in Ludhiana, Punjab.
2003 | Ludhiana, Punjab (India) | Active
Modern Acrylics Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.93 M
- Company Age 21 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.65 Cr
- Satisfied Charges ₹ 10.52 Cr
- Revenue Growth 17.82%
- Profit Growth 21.25%
- Ebitda 230.78%
- Net Worth 19.17%
- Total Assets -0.38%
About Modern Acrylics
Modern Acrylics Private Limited (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 December 2003 and has a history of 21 years and three months. Its registered office is in Ludhiana, Punjab.
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 1.00 Cr and a paid-up capital of Rs 8.93 M.
The company currently has active open charges totaling ₹4.65 Cr. The company has closed loans amounting to ₹10.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Deepak Aggarwal and Satish Aggarwal serve as directors at the Company.
Company Details
- Location Ludhiana, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17100PB2003PTC026609
- Company No.
026609
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Dec 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
Modern Acrylics Private Limited
Explore comprehensive data for Modern Acrylics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Modern Acrylics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Aggarwal  | Director | 12-Dec-2003 | Current |
| Satish Aggarwal | Director | 12-Dec-2003 | Current |
Financial Performance of Modern Acrylics.
Modern Acrylics Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 17.82% increase. The company also saw a substantial improvement in profitability, with a 21.25% increase in profit. The company's net worth Soared by an impressive increase of 19.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Acrylics?
In 2019, Modern Acrylics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹4.65 Cr
Satisfied Charges
₹10.52 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 2022 | Hdfc Bank Limited | ₹1.50 M | Open |
| 13 Apr 2018 | Hdfc Bank Limited | ₹4.50 Cr | Open |
| 27 May 2019 | Others | ₹2.00 Cr | Satisfied |
| 30 Apr 2019 | State Bank Of India | ₹1.00 M | Satisfied |
| 30 Sep 2016 | Others | ₹2.25 Cr | Satisfied |
How Many Employees Work at Modern Acrylics?
Modern Acrylics has a workforce of 38 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Modern Acrylics, 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 Modern Acrylics'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 Modern Acrylics
Recent activity within the organization
- Annual General Meeting
Modern Acrylics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Modern Acrylics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 4.50 Cr registered on 13 Apr 2018 with Charge ID 100170906 was modified on 28 Jul 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100641929 was registered on 22 Oct 2022.
- Charges
A charge registered on 27 May 2019 via Charge ID 100274503 with Others was fully satisfied on 04 Sep 2020.
- Charges
A charge registered on 30 Apr 2019 via Charge ID 100263472 with State Bank Of India was fully satisfied on 29 May 2020.
Frequently asked questions
What is the Incorporation or founding date of Modern Acrylics Private Limited?
Modern Acrylics Private Limited was incorporated on 12 Dec 2003.
What is authorized share capital and paid-up capital of Modern Acrylics Private Limited?
The authorized share capital of Modern Acrylics Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.93 M.
Who are the current board members & directors of Modern Acrylics Private Limited?
Currently 2 directors are associated with Modern Acrylics Private Limited.
- Deepak Aggarwal
- Satish Kumar Aggarwal
What is the registered address of Modern Acrylics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Acrylics Private Limited is Kakka Roadnear Mahabir Complex Tajpur Road India, Ludhiana, Punjab.
What is the corporate identification number (CIN) and company number of Modern Acrylics Private Limited?
The corporate identification number (CIN) of Modern Acrylics Private Limited is U17100PB2003PTC026609 and the company number is 026609 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Modern Acrylics Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Modern Acrylics Private Limited has risen by 17.82%.
How many employees does Modern Acrylics Private Limited currently have?
As Per 2020 financial reports, 38 employees are currently employed by Modern Acrylics Private Limited.
What change has been observed in the net worth of Modern Acrylics Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Modern Acrylics Private Limited has experienced an upsurge of 19.17%.
What are the total open charges for Modern Acrylics Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Modern Acrylics Private Limited amount to ₹ 4.65 Cr.
When was the last Balance Sheet of Modern Acrylics Private Limited filed with the ROC?
The most recent Balance Sheet for Modern Acrylics Private Limited was filed with the ROC on 31 Mar 2024.
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