

Modern Credit Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.66 Cr
- Company Age 28 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -48.17%
- Profit Growth 505.34%
- Ebitda 95.95%
- Net Worth 11.13%
- Total Assets -16.53%
About Modern Credit
Modern Credit Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 May 1996 and has a history of 28 years and nine months. Its registered office is in Delhi, India.
The Corporate was formerly known as Viru Fincap Pvt. Ltd.. The Company is engaged in the Financial Services 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 4.00 Cr and a paid-up capital of Rs 3.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajiv Garg and Pranav Goel serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120DL1996PTC078846
- Company No.
078846
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 May 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Modern Credit?
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rajiv Garg ![]() | Director | 25-Nov-2015 | Current |
Pranav Goel ![]() | Director | 15-May-2021 | Current |
Financial Performance of Modern Credit.
Modern Credit Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 48.17% decrease. The company also saw a substantial improvement in profitability, with a 505.34% increase in profit. The company's net worth Soared by an impressive increase of 11.13%.


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What is the Ownership and Shareholding Structure of Modern Credit?
In 2022, Modern Credit had a promoter holding of 27.99% and a public holding of 72.01%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Spectacle Advisory Solutions Private Limited
Rajiv Garg is a mutual person
- Topline Plastic Components Private Limited
Rajiv Garg is a mutual person
- Dhrupra Services Private Limited
Pranav Goel is a mutual person
Charges (Loans)

There are no open charges registered against the company as per our records.
How Many Employees Work at Modern Credit?
Unlock and access historical data on people associated with Modern Credit, 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 Credit, 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 Credit'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 Credit
Recent activity within the organization
- Annual General Meeting
Modern Credit Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Modern Credit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Pranav Goel was appointed as a Director was appointed as a Director on 15 May 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Rajiv Garg was appointed as a Director was appointed as a Director on 25 Nov 2015 & has been associated with this company since 9 years 3 months .
- Company Incorporation
Modern Credit Private Limited was registered on 14 May 1996 with Roc Delhi & aged 28 years 9 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Modern Credit Private Limited?
Modern Credit Private Limited was incorporated on 14 May 1996.
What is authorized share capital and paid-up capital of Modern Credit Private Limited?
The authorized share capital of Modern Credit Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.66 Cr.
Who are the current board members & directors of Modern Credit Private Limited?
Currently 2 directors are associated with Modern Credit Private Limited.
- Rajiv Garg
- Pranav Goel
What is the registered address of Modern Credit Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Credit Private Limited is 708 7Th Floor Manjusha Building 57 Nehru Place South, Near Mark Et India, Delhi, 110019.
What is the corporate identification number (CIN) and company number of Modern Credit Private Limited?
The corporate identification number (CIN) of Modern Credit Private Limited is U67120DL1996PTC078846 and the company number is 078846 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modern Credit Private Limited?
The Official website of Modern Credit Private Limited is https://www.capitalstreet.in
What has been the recent revenue trend for Modern Credit Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Modern Credit Private Limited has fallen by -48.17%.
What change has been observed in the net worth of Modern Credit Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Modern Credit Private Limited has experienced an upsurge of 11.13%.
When was the last Balance Sheet of Modern Credit Private Limited filed with the ROC?
The most recent Balance Sheet for Modern Credit Private Limited was filed with the ROC on 31 Mar 2024.
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