Modern Automotives Limited

Manufacturer of forged and machined automotive components with certified facilities and tier-1 clients.

2005 | Delhi (India) | Active
Last Updated:

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 1.74%
  • 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, Priyavrat Thareja, Job Varghese, 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

Automotive
Company report

Modern Automotives Limited

Explore comprehensive data for Modern Automotives Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Aditya Goyal Country flag representing In Managing Director10-Aug-2005Current

Board Members (5)

NameDesignationAppointment DateStatus
Priyavrat Thareja Country flag representing In Director 07-Sep-2022Current
Bajinder Jolly Country flag representing In Director 23-Nov-2019Current
Job Varghese Country flag representing In Whole-Time Director 01-Jun-2022Current
Bhuvnesh Gulati Country flag representing In Director 02-Nov-2020Current
Amit Mshiraguppi Country flag representing In Additional Director 18-May-2024Current

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%.

Modern Automotives revenue growth over time
Modern Automotives 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
-1.83%
Revenue from Operations
-1.73%
Total Assets
8.20%
Profit or Loss
-12.58%
Net Worth
6.02%
EBITDA
1.74%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.07 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
31 Dec 2024Others₹17.00 CrOpen
28 Aug 2024Others₹3.00 CrOpen
09 Jul 2024Indian Bank₹3.00 CrOpen
17 Nov 2023Others₹32.00 CrOpen
17 Nov 2023Others₹8.00 CrOpen

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.

Employee growth trends for Modern Automotives Limited

Deals i

Graph showing company valuation over time

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

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 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 1 year 7 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
    • Priyavrat Thareja
    • Job Vadakkecham Panayil Varghese
    • Bajinder Singh Jolly
    • Bhuvnesh Gulati
    • Amit Mshiraguppi

  • 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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