Modern Acrylics Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.93 M
- Company Age 21 Year, 1 Month
- 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 one month. 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
-
LocationLudhiana, 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
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
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
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)
₹4.65 Cr
₹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.