Modern Cargo Services Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.25 M
- Company Age 37 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 M
- Satisfied Charges ₹ 24.10 Cr
- Revenue Growth -11.76%
- Profit Growth -84.55%
- Ebitda -20.52%
- Net Worth 0.87%
- Total Assets -9.12%
About Modern Cargo Services
Modern Cargo Services Pvt Ltd (MCSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 August 1987 and has a history of 37 years and six months. Its registered office is in Mumbai, Maharashtra.
The Company is engaged in the Transport And Logistics 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 2.50 M and a paid-up capital of Rs 2.25 M.
The company currently has active open charges totaling ₹4.00 M. The company has closed loans amounting to ₹24.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Parma Swaroop and Ashish Fanibanda serve as directors at the Company.
Company Details
- Location Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63010MH1987PTC044299
- Company No.
044299
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Aug 1987
- Date of AGM
26 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Modern Cargo Services Pvt Ltd offer?
Modern Cargo Services Pvt Ltd offers a wide range of products and services, including Forwarding & Custom Clearing, Freight Forwarding Services, Cargo Transportation Services, Air Cargo Service, International Cargo Services, Sea Freight Forwarding, Transportation Services, Insurance Agents and Services, Insurance Claim Service, Custom Clearing Service.
Who are the key members and board of directors at Modern Cargo Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Fanibanda  | Managing Director | 14-Jul-2023 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parma Swaroop | Director | 25-Feb-2019 | Current |
Financial Performance of Modern Cargo Services.
Modern Cargo Services Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.76% decrease. The company also saw a substantial fall in profitability, with a 84.55% decrease in profit. The company's net worth moved up by a moderate rise of 0.87%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Modern Cargo Services?
In 2023, Modern Cargo Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Modern Dairymaid Private LimitedParma Swaroop and Ashish Fanibanda are mutual person
Mcs Assets Private LimitedAshish Fanibanda is a mutual person
Charges (Loans)
₹4.00 M
₹241.03 M
Charges Breakdown by Lending Institutions
- Others : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2022 | Others | ₹4.00 M | Open |
| 24 Nov 2016 | Yes Bank Limited | ₹8.00 Cr | Satisfied |
| 06 Aug 2013 | Citi Bank N.A. | ₹6.00 Cr | Satisfied |
| 09 Aug 2010 | Citi Bank N.A. | ₹6.00 Cr | Satisfied |
| 06 May 2010 | Tata Capital Limited | ₹0.79 M | Satisfied |
How Many Employees Work at Modern Cargo Services?
Unlock and access historical data on people associated with Modern Cargo 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 Cargo 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 Cargo 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
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