Modern Business Equipments And Services Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.18 M
- Company Age 38 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.40 Cr
- Satisfied Charges ₹ 2.78 Cr
- Revenue Growth 14.69%
- Profit Growth 28.07%
- Ebitda 1.99%
- Net Worth 16.45%
- Total Assets 15.74%
About Modern Business Equipments And Services
Modern Business Equipments And Services Pvt. Ltd. (MBEASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 December 1986 and has a history of 38 years and two months. Its registered office is in Rupnagar, Punjab, India.
The Company is engaged in the Information Technology 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 2.50 M and a paid-up capital of Rs 2.18 M.
The company currently has active open charges totaling ₹3.40 Cr. The company has closed loans amounting to ₹2.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravinder Virk, Avninder Virk, and Aman Virk serve as directors at the Company.
Company Details
- Location
Rupnagar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U64200PB1986PTC056436
- Company No.
007181
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Dec 1986
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Information Technology
What products or services does Modern Business Equipments And Services Pvt. Ltd. offer?
Modern Business Equipments And Services Pvt. Ltd. offers a wide range of products and services, including Weighing Scales & Measuring Tapes, Platform Balance, Jewellery Making Tools & Machines, Jewellery Making Tools, Industrial Scale, Weighing Machines, Personal Weighing Scale.
Who are the key members and board of directors at Modern Business Equipments And Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravinder Virk  | Director | 12-Dec-1992 | Current |
| Avninder Virk | Director | 12-Dec-1992 | Current |
| Aman Virk | Director | 01-Oct-2005 | Current |
Financial Performance of Modern Business Equipments And Services.
Modern Business Equipments And Services Pvt. Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 14.69% increase. The company also saw a substantial improvement in profitability, with a 28.07% increase in profit. The company's net worth Soared by an impressive increase of 16.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Business Equipments And Services?
Unlock access to Modern Business Equipments And Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Charges (Loans)
Open Charges
₹34.01 M
Satisfied Charges
₹27.80 M
Charges Breakdown by Lending Institutions
- Others : 2.85 Cr
- Hdfc Bank Limited : 0.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2024 | Hdfc Bank Limited | ₹2.50 M | Open |
| 13 Sep 2023 | Hdfc Bank Limited | ₹1.60 M | Open |
| 25 Apr 2023 | Hdfc Bank Limited | ₹0.80 M | Open |
| 30 Jan 2023 | Hdfc Bank Limited | ₹0.61 M | Open |
| 27 Jun 2022 | Others | ₹2.85 Cr | Open |
How Many Employees Work at Modern Business Equipments And Services?
Unlock and access historical data on people associated with Modern Business Equipments And Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Modern Business Equipments And Services, 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 Business Equipments And Services'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 Business Equipments And Services
Recent activity within the organization
- Annual General Meeting
Modern Business Equipments And Services Pvt. Ltd. last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.50 M with Charge ID 100960947 was registered on 11 Jun 2024.
- Balance Sheet
Modern Business Equipments And Services Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.60 M with Charge ID 100809458 was registered on 13 Sep 2023.
- Charges
A charge with Others of Rs. 28.50 M registered on 27 Jun 2022 with Charge ID 100616845 was modified on 23 Aug 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 M with Charge ID 100743914 was registered on 25 Apr 2023.
Frequently asked questions
What is the Incorporation or founding date of Modern Business Equipments And Services Pvt. Ltd.?
Modern Business Equipments And Services Pvt. Ltd. was incorporated on 12 Dec 1986.
What is authorized share capital and paid-up capital of Modern Business Equipments And Services Pvt. Ltd.?
The authorized share capital of Modern Business Equipments And Services Pvt. Ltd. is ₹ 2.50 M and paid-up capital is ₹ 2.18 M.
Who are the current board members & directors of Modern Business Equipments And Services Pvt. Ltd.?
Currently 3 directors are associated with Modern Business Equipments And Services Pvt. Ltd..
- Ravinder Singh Virk
- Avninder Virk
- Aman Deep Virk
What is the registered address of Modern Business Equipments And Services Pvt. Ltd.?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Business Equipments And Services Pvt. Ltd. is Plot No El. 646 Phase 9 Industrial Area, Sas Nagar India, Mohali, Punjab, 160062.
What is the corporate identification number (CIN) and company number of Modern Business Equipments And Services Pvt. Ltd.?
The corporate identification number (CIN) of Modern Business Equipments And Services Pvt. Ltd. is U64200PB1986PTC056436 and the company number is 007181 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modern Business Equipments And Services Pvt. Ltd.?
The Official website of Modern Business Equipments And Services Pvt. Ltd. is https://www.lakshmisamson.in
What has been the recent revenue trend for Modern Business Equipments And Services Pvt. Ltd.?
According to the financial reports for the fiscal year 2023, the revenue trend for Modern Business Equipments And Services Pvt. Ltd. has risen by 14.69%.
What change has been observed in the net worth of Modern Business Equipments And Services Pvt. Ltd., and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modern Business Equipments And Services Pvt. Ltd. has experienced an upsurge of 16.45%.
What are the total open charges for Modern Business Equipments And Services Pvt. Ltd.?
As per the financial statements for fiscal Year 2023, The total open charges for Modern Business Equipments And Services Pvt. Ltd. amount to ₹ 3.40 Cr.
When was the last Balance Sheet of Modern Business Equipments And Services Pvt. Ltd. filed with the ROC?
The most recent Balance Sheet for Modern Business Equipments And Services Pvt. Ltd. was filed with the ROC on 31 Mar 2024.