Modern Denim Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 44.00 Cr
- Company Age 47 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 311.45 Cr
- Revenue Growth 40.19%
- Profit Growth 90.71%
- Ebitda 100.13%
- Net Worth -1.01%
- Total Assets 15.25%
About Modern Denim
Modern Denim Limited (MDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 November 1977 and has a history of 47 years and two months. Its registered office is in Sirohi, Rajasthan, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500451.
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 2023. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 44.00 Cr.
The company has closed loans amounting to ₹311.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Modern Denim Limited India is Chain Jain as CFO. Sachin Ranka, Meenu Sacheti, Suvrat Ranka, and Three other members serve as directors at the Company.
Company Details
- Location
Sirohi, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
L17124RJ1977PLC001758
- Company No.
001758
- Stock Symbol
BSE : 500451
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Nov 1977
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Jaipur
Industry
What products or services does Modern Denim Limited offer?
Modern Denim Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Apparel & Clothing Fabric, Apparel Denim Fabric, Denim Fabric, Jeans Fabric, Twill Denim Fabric.
Who are the key members and board of directors at Modern Denim?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachin Ranka  | Managing Director | 01-Sep-2015 | Current |
| Chain Jain | CFO | 01-Jul-2014 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Meenu Sacheti | Director | 30-Sep-2024 | Current |
| Suvrat Ranka | Whole-Time Director | 01-Apr-2018 | Current |
| Rahul Singhvi | Director | 09-Nov-2020 | Current |
| Kedar Ladha | Director | 25-Mar-2021 | Current |
| Ganpathy Kalpathy | Director | 19-Feb-2024 | Current |
Financial Performance of Modern Denim.
Modern Denim Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.19% increase. The company also saw a substantial improvement in profitability, with a 90.71% increase in profit. The company's net worth dipped by a decrease of 1.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Denim?
In 2022, Modern Denim had a promoter holding of 36.56% and a public holding of 63.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Modern Metalcast Private LimitedKedar Ladha is a mutual person
Modern Insulators LimitedSachin Ranka, Meenu Sacheti and 1 more are mutual person
Sacheti Metals Private LimitedMeenu Sacheti is a mutual person
Charges (Loans)
₹0
₹311.45 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 76.13 Cr
- Bob Bom Indusindbank Iob Sanwabank : 66.83 Cr
- Others : 63.11 Cr
- Asset Reconstruction Company (India) Limited : 33.20 Cr
- Idbi : 33.13 Cr
- Others : 39.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2000 | Bob Bom Indusindbank Iob Sanwabank | ₹66.83 Cr | Satisfied |
| 31 Mar 2000 | Industrial Investment Bank Of India Ltd. | ₹2.34 Cr | Satisfied |
| 31 Mar 2000 | Industrial Investment Bank Of India Ltd. | ₹9.81 M | Satisfied |
| 24 Mar 2000 | Others | ₹21.70 Cr | Satisfied |
| 08 Feb 1999 | Others | ₹17.50 Cr | Satisfied |
How Many Employees Work at Modern Denim?
Modern Denim has a workforce of 36 employees as of Apr 07, 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 Denim, 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 Denim'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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