Modern Autocars Private Limited

Manufacturer of motor vehicles and stainless steel products.

2016 | Alwar, Rajasthan (India) | Active
Last Updated: January 03, 2025

Modern Autocars Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.64 Cr
  • Satisfied Charges ₹ 3.50 Cr
  • Revenue Growth 26.02%
  • Profit Growth 7.95%
  • Ebitda -659.88%
  • Net Worth 6.68%
  • Total Assets -6.72%

About Modern Autocars

Modern Autocars Private Limited (MAPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 April 2016 (Eight years and nine months 12 days old ). Its registered office is in Alwar, Rajasthan, India.

The Company is engaged in the Automotive 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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹33.64 Cr. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhruv Gupta, Vishesha Chaturvedi, and Alka Gupta serve as directors at the Company.

Company Details

  • Location

    Alwar, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50404RJ2016PTC054724

  • Company No.

    054724

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Automotive
Metals and Minerals

Who are the key members and board of directors at Modern Autocars?

Board Members (3)

Name Designation Appointment Date Status
Vishesha Chaturvedi Country flag representing In Director 04-Sep-2020 Current
Dhruv Gupta Country flag representing In Whole-Time Director 21-Apr-2016 Current
Alka Gupta Country flag representing In Director 04-Sep-2020 Current

Financial Performance of Modern Autocars.

Modern Autocars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.02% increase. The company also saw a slight improvement in profitability, with a 7.95% increase in profit. The company's net worth moved up by a moderate rise of 6.68%.

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
26.02%
Revenue from Operations
25.73%
Total Assets
-6.72%
Profit or Loss
7.95%
Net Worth
6.68%
EBITDA
-659.88%

What is the Ownership and Shareholding Structure of Modern Autocars?

In 2023, Modern Autocars 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

₹33.64 Cr

Satisfied Charges

₹3.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 16.64 Cr
  • Others : 9.25 Cr
  • Axis Bank Limited : 7.75 Cr

Latest Charge Details

Date Lender Amount Status
15 Apr 2023 Others ₹7.50 M Open
08 Dec 2021 Axis Bank Limited ₹7.75 Cr Open
09 Oct 2019 Others ₹8.50 Cr Open
27 Jul 2016 State Bank Of India ₹16.64 Cr Open
27 Jul 2016 Tata Capital Financial Services Limited ₹1.00 Cr Satisfied

How Many Employees Work at Modern Autocars?

Modern Autocars has a workforce of 55 employees as of Apr 04, 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 Modern Autocars, 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 Autocars'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 Modern Autocars

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 16.64 Cr registered on 27 Jul 2016 with Charge ID 100044746 was modified on 31 May 2024.

    31 May 2024

  • Annual General Meeting

    Modern Autocars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100701334 was registered on 15 Apr 2023.

    15 Apr 2023

  • Balance Sheet

    Modern Autocars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.75 Cr with Charge ID 100516432 was registered on 08 Dec 2021.

    08 Dec 2021

  • Charges

    A charge with Axis Bank Limited of Rs. 7.75 Cr registered on 08 Dec 2021 with Charge ID 100516432 was modified on 08 Dec 2021.

    08 Dec 2021

Frequently asked questions

  • Modern Autocars Private Limited was incorporated on 21 Apr 2016.

  • The authorized share capital of Modern Autocars Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 3 directors are associated with Modern Autocars Private Limited.

    • Dhruv Satya Gupta
    • Vishesha Chaturvedi
    • Alka Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Autocars Private Limited is Baraf Khana Road Station India, Alwar, Rajasthan, 301001.

  • The corporate identification number (CIN) of Modern Autocars Private Limited is U50404RJ2016PTC054724 and the company number is 054724 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modern Autocars Private Limited has risen by 26.02%.

  • As Per 2023 financial reports, 55 employees are currently employed by Modern Autocars Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modern Autocars Private Limited has experienced an upsurge of 6.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modern Autocars Private Limited amount to ₹ 33.64 Cr.

  • The most recent Balance Sheet for Modern Autocars Private Limited was filed with the ROC on 31 Mar 2023.

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