Modern Automotives Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.42 Cr
- Company Age 20 Year, 2 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 62.07 Cr
- Satisfied Charges ₹ 142.89 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. Its registered office is in New Delhi, 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 2023. 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 ₹62.07 Cr. The company has closed loans amounting to ₹142.89 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
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Location
New Delhi, Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U34300DL2005PLC132722
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Company No.
132722
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
07 Feb 2005
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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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 |
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Bajinder Jolly
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Director | 23-Nov-2019 | Current |
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Job Varghese
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Whole-Time Director | 01-Jun-2022 | Current |
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Basavaraj Patil
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Director | 05-Oct-2021 | Current |
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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
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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.
Related Corporates (Common Directorship)
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Phi Business Solutions LimitedAditya Goyal and Bhuvnesh Gulati are mutual person
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Bhago Mobility Solutions Private LimitedAditya Goyal is a mutual person
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Shaheen Spirit Motoring Private LimitedAditya Goyal is a mutual person
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Suryakavach Metal Recycling Private Limited
Aditya Goyal is a mutual person
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Pro Sportify Holding Private Limited
Aditya Goyal is a mutual person
Charges (Loans)
₹62.07 Cr
₹142.89 Cr
Charges Breakdown by Lending Institutions
- Others : 62.00 Cr
- Axis Bank Limited : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2023 | Others | ₹32.00 Cr | Open |
| 11 Jun 2021 | Axis Bank Limited | ₹0.70 M | Open |
| 30 Oct 2019 | Others | ₹30.00 Cr | Open |
| 30 Dec 2022 | Indian Bank | ₹32.00 Cr | Satisfied |
| 01 Sep 2020 | State Bank Of India | ₹1.28 Cr | Satisfied |
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.
