Modern Creation Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.99 M
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.58 Cr
- Satisfied Charges ₹ 3.87 Cr
- Revenue Growth -63.25%
- Profit Growth -37.36%
- Ebitda -88.46%
- Net Worth -72.13%
- Total Assets -55.97%
About Modern Creation
Modern Creation Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 October 2005 and has a history of 19 years and four months. Its registered office is in Darjiling, West Bengal, 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 5.00 M and a paid-up capital of Rs 4.99 M.
The company currently has active open charges totaling ₹6.58 Cr. The company has closed loans amounting to ₹3.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Himanshu Goyel, Kapil Goyal, and Radheshyam Sharma serve as directors at the Company.
Company Details
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Location
Darjiling, West Bengal, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U70101WB2005PTC105768
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Company No.
105768
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Oct 2005
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Modern Creation?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kapil Goyal
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Director | 03-Jan-2024 | Current |
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Himanshu Goyel
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Director | 21-Feb-2013 | Current |
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Radheshyam Sharma
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Director | 20-Jul-2020 | Current |
Financial Performance of Modern Creation.
Modern Creation Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 63.25% decrease. The company also saw a substantial fall in profitability, with a 37.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.13%.
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What is the Ownership and Shareholding Structure of Modern Creation?
In 2021, Modern Creation 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)
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Kalkaji Glasses Private LimitedHimanshu Goyel, Kapil Goyal and 1 more are mutual person
Charges (Loans)
₹65.80 M
₹38.70 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 5.58 Cr
- Magma Fincorp Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2022 | State Bank Of India | ₹6.00 M | Open |
| 29 Sep 2022 | State Bank Of India | ₹4.98 Cr | Open |
| 31 Aug 2014 | Magma Fincorp Limited | ₹1.00 Cr | Open |
| 19 Mar 2019 | Others | ₹8.70 M | Satisfied |
| 01 Feb 2019 | Others | ₹3.00 Cr | Satisfied |
How Many Employees Work at Modern Creation?
Unlock and access historical data on people associated with Modern Creation, 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 Creation, 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 Creation'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.
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