Modern Colours Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 1.50 M
- Company Age 27 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.52 Cr
- Satisfied Charges ₹ 3.50 Cr
- Revenue Growth 64.76%
- Profit Growth 67.03%
- Ebitda 86.83%
- Net Worth 26.12%
- Total Assets 50.28%
About Modern Colours
Modern Colours Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 1998 and has a history of 27 years and one month. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Manufacturing 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 3.00 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹5.52 Cr. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muktideep Singh, Parveen Lata, and Pardeep Singh serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51434PB1998PTC021251
- Company No.
021251
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Apr 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
What products or services does Modern Colours Private Limited offer?
Modern Colours Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Industrial Paints and Coatings, Epoxy Paints and Coatings, Paints, Wall Putty & Varnishes, Enamel Paints, PU Paints and Coatings, Paints, Quick Drying Paint, PU Paints, Paint Thinners.
Modern Colours Private Limited
Explore comprehensive data for Modern Colours Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Modern Colours?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muktideep Singh  | Director | 18-Mar-2004 | Current |
| Parveen Lata | Director | 15-Sep-2001 | Current |
| Pardeep Singh | Director | 08-Aug-2011 | Current |
Financial Performance of Modern Colours.
Modern Colours Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.76% increase. The company also saw a substantial improvement in profitability, with a 67.03% increase in profit. The company's net worth Soared by an impressive increase of 26.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Colours?
In 2023, Modern Colours had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹55.20 M
Satisfied Charges
₹35.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.21 Cr
- State Bank Of India : 0.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2024 | Hdfc Bank Limited | ₹4.95 Cr | Open |
| 31 Jan 2023 | Hdfc Bank Limited | ₹1.00 M | Open |
| 21 May 2022 | Hdfc Bank Limited | ₹1.00 M | Open |
| 19 Feb 2021 | Hdfc Bank Limited | ₹0.60 M | Open |
| 07 Jul 2000 | State Bank Of India | ₹2.40 M | Open |
How Many Employees Work at Modern Colours?
Modern Colours has a workforce of 9 employees as of Apr 08, 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 Colours, 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 Colours'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 Colours
Recent activity within the organization
- Annual General Meeting
Modern Colours Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 12 May 2023 via Charge ID 100726006 with Axis Bank Limited was fully satisfied on 04 Sep 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 49.50 M with Charge ID 100976015 was registered on 15 Jul 2024.
- Balance Sheet
Modern Colours Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Axis Bank Limited amounted to Rs. 35.00 M with Charge ID 100726006 was registered on 12 May 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100690555 was registered on 31 Jan 2023.
Frequently asked questions
What is the Incorporation or founding date of Modern Colours Private Limited?
Modern Colours Private Limited was incorporated on 01 Apr 1998.
What is authorized share capital and paid-up capital of Modern Colours Private Limited?
The authorized share capital of Modern Colours Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.50 M.
Who are the current board members & directors of Modern Colours Private Limited?
Currently 3 directors are associated with Modern Colours Private Limited.
- Muktideep Singh
- Parveen Lata
- Pardeep Singh
What is the registered address of Modern Colours Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Colours Private Limited is Plot 3 4 Lakshita Cluster Village Mann Garh Machiwara Road Kohara India, Ludhiana, Punjab, 141112.
What is the corporate identification number (CIN) and company number of Modern Colours Private Limited?
The corporate identification number (CIN) of Modern Colours Private Limited is U51434PB1998PTC021251 and the company number is 021251 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modern Colours Private Limited?
The Official website of Modern Colours Private Limited is https://www.modernpaintindia.com
What has been the recent revenue trend for Modern Colours Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modern Colours Private Limited has risen by 64.76%.
How many employees does Modern Colours Private Limited currently have?
As Per 2023 financial reports, 9 employees are currently employed by Modern Colours Private Limited.
What change has been observed in the net worth of Modern Colours Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modern Colours Private Limited has experienced an upsurge of 26.12%.
What are the total open charges for Modern Colours Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Modern Colours Private Limited amount to ₹ 5.52 Cr.
When was the last Balance Sheet of Modern Colours Private Limited filed with the ROC?
The most recent Balance Sheet for Modern Colours Private Limited was filed with the ROC on 31 Mar 2024.
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