

Modern Automotives Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.42 Cr
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 93.07 Cr
- Satisfied Charges ₹ 145.89 Cr
- Revenue Growth -1.83%
- Profit Growth -12.58%
- Ebitda 1.01%
- Net Worth 6.02%
- Total Assets 8.20%
About Modern Automotives
Modern Automotives Limited (MAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 February 2005 and has a history of 20 years and three months. Its registered office is in Delhi, India.
The Corporate was formerly known as Modern Automotives Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 9.42 Cr.
The company currently has active open charges totaling ₹93.07 Cr. The company has closed loans amounting to ₹145.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Aditya Goyal, Job Varghese, Amit Mshiraguppi, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300DL2005PLC132722
- Company No.
132722
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Feb 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Modern Automotives?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Aditya Goyal ![]() | Managing Director | 10-Aug-2005 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Priyavrat Thareja ![]() | Director | 07-Sep-2022 | Current |
Bajinder Jolly ![]() | Director | 23-Nov-2019 | Current |
Job Varghese ![]() | Whole-Time Director | 01-Jun-2022 | Current |
Amit Mshiraguppi ![]() | Additional Director | 18-May-2024 | Current |
Bhuvnesh Gulati ![]() | Director | 02-Nov-2020 | Current |
Financial Performance of Modern Automotives.
Modern Automotives Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.83% decrease. The company also saw a substantial fall in profitability, with a 12.58% decrease in profit. The company's net worth moved up by a moderate rise of 6.02%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Automotives?
In 2023, Modern Automotives had a promoter holding of 33.01% and a public holding of 66.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Aditya Goyal is a mutual person
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Aditya Goyal and Amit Mshiraguppi are mutual person
- Pro Sportify Holding Private Limited
Aditya Goyal is a mutual person
Charges (Loans)
₹93.07 Cr
₹145.89 Cr
Charges Breakdown by Lending Institutions
- Others : 90.00 Cr
- Indian Bank : 3.00 Cr
- Axis Bank Limited : 0.07 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
31 Dec 2024 | Others | ₹17.00 Cr | Open |
28 Aug 2024 | Others | ₹3.00 Cr | Open |
09 Jul 2024 | Indian Bank | ₹3.00 Cr | Open |
17 Nov 2023 | Others | ₹32.00 Cr | Open |
17 Nov 2023 | Others | ₹8.00 Cr | Open |
How Many Employees Work at Modern Automotives?
Modern Automotives has a workforce of 799 employees as of Apr 01, 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 Automotives, 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 Automotives'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 Automotives
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 101040597 was registered on 31 Dec 2024.
- Annual General Meeting
Modern Automotives Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100968682 was registered on 28 Aug 2024.
- Charges
A charge registered on 30 Mar 2024 via Charge ID 100907789 with Indian Bank was fully satisfied on 16 Aug 2024.
- Charges
A charge with Indian Bank amounted to Rs. 3.00 Cr with Charge ID 100969113 was registered on 09 Jul 2024.
- Director Appointment
Amit Mshiraguppi was appointed as a Additional Director was appointed as a Additional Director on 18 May 2024 & has been associated with this company since 11 months 27 days .
Frequently asked questions
What is the Incorporation or founding date of Modern Automotives Limited?
Modern Automotives Limited was incorporated on 07 Feb 2005.
What is authorized share capital and paid-up capital of Modern Automotives Limited?
The authorized share capital of Modern Automotives Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.42 Cr.
Who are the current board members & directors of Modern Automotives Limited?
Currently 6 directors are associated with Modern Automotives Limited.
- Aditya Goyal
- Job Vadakkecham Panayil Varghese
- Amit Mshiraguppi
- Bajinder Singh Jolly
- Bhuvnesh Gulati
- Priyavrat Thareja
What is the registered address of Modern Automotives Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Automotives Limited is 215-216 2Nd Floor Hemkunt Chambers 89 Nehru Place, India, New Delhi, 110019.
What is the corporate identification number (CIN) and company number of Modern Automotives Limited?
The corporate identification number (CIN) of Modern Automotives Limited is U34300DL2005PLC132722 and the company number is 132722 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modern Automotives Limited?
The Official website of Modern Automotives Limited is https://www.modernautomotives.com
What has been the recent revenue trend for Modern Automotives Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modern Automotives Limited has fallen by -1.83%.
How many employees does Modern Automotives Limited currently have?
As Per 2023 financial reports, 799 employees are currently employed by Modern Automotives Limited.
What change has been observed in the net worth of Modern Automotives Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modern Automotives Limited has experienced an upsurge of 6.02%.
What are the total open charges for Modern Automotives Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Modern Automotives Limited amount to ₹ 93.07 Cr.
When was the last Balance Sheet of Modern Automotives Limited filed with the ROC?
The most recent Balance Sheet for Modern Automotives Limited was filed with the ROC on 31 Mar 2024.
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