Modern Colours Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
as on 16-11-2024
- Paid Up Capital ₹ 1.50 M
as on 16-11-2024
- Company Age 26 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.52 Cr
as on 16-11-2024
- Satisfied Charges ₹ 3.50 Cr
as on 16-11-2024
- Revenue 64.76%
(FY 2023)
- Profit 67.03%
(FY 2023)
- Ebitda 86.83%
(FY 2023)
- Net Worth 26.12%
(FY 2023)
- Total Assets 50.28%
(FY 2023)
About Modern Colours
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.
- 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
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
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.
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
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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)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 15 Jul 2024 | ₹4.95 Cr | Open |
Hdfc Bank Limited Creation Date: 31 Jan 2023 | ₹1.00 M | Open |
Hdfc Bank Limited Creation Date: 21 May 2022 | ₹1.00 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.
