Modern Fastners Pvt Ltd

Founded in 1989 and headquartered in Chandigarh, India.

1989 | Active
Last Updated: December 24, 2024

Modern Fastners Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.00 Cr
  • Satisfied Charges ₹ 29.50 Cr
  • Revenue Growth %
  • Net Worth -0.34%
  • Total Assets -3.72%

About Modern Fastners

Modern Fastners Pvt Ltd (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 September 1989 and has a history of 35 years and four months. Its registered office is in Na, Chandigarh.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹29.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ankush Singla and Ankit Singla serve as directors at the Company.

Company Details

  • Location
    Na, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U46497CH1989PTC009721

  • Company No.

    009721

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

Who are the key members and board of directors at Modern Fastners?

Board Members (2)

Name Designation Appointment Date Status
Ankush Singla Country flag representing In Director 01-Dec-2021 Current
Ankit Singla Country flag representing In Director 01-Dec-2021 Current

Financial Performance of Modern Fastners.

Modern Fastners Pvt Ltd, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth dipped by a decrease of 0.34%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-3.72%
Profit or Loss
Net Worth
-0.34%
EBITDA

What is the Ownership and Shareholding Structure of Modern Fastners?

In 2022, Modern Fastners had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹350.00 M

Satisfied Charges

₹295.00 M

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 35.00 Cr

Latest Charge Details

Date Lender Amount Status
20 May 2023 Citi Bank N.A. ₹35.00 Cr Open
30 Mar 2022 Hdfc Bank Limited ₹29.50 Cr Satisfied

How Many Employees Work at Modern Fastners?

Unlock and access historical data on people associated with Modern Fastners, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Fastners, 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 Fastners's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Fastners

Recent activity within the organization

  • Charges

    A charge registered on 30 Mar 2022 via Charge ID 100563517 with Hdfc Bank Limited was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Modern Fastners Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Modern Fastners Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 350.00 M with Charge ID 100741433 was registered on 20 May 2023.

    20 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 295.00 M with Charge ID 100563517 was registered on 30 Mar 2022.

    30 Mar 2022

  • Director Appointment

    Ankush Singla was appointed as a Director was appointed as a Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

Frequently asked questions

  • Modern Fastners Pvt Ltd was incorporated on 21 Sep 1989.

  • The authorized share capital of Modern Fastners Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Modern Fastners Pvt Ltd.

    • Ankush Singla
    • Ankit Singla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Fastners Pvt Ltd is 143-C Shivalik Enclave, Manimajra India, Na, Chandigarh.

  • The corporate identification number (CIN) of Modern Fastners Pvt Ltd is U46497CH1989PTC009721 and the company number is 009721 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Modern Fastners Pvt Ltd has experienced an downturn of -0.34%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Modern Fastners Pvt Ltd amount to ₹ 35.00 Cr.

  • The most recent Balance Sheet for Modern Fastners Pvt Ltd was filed with the ROC on 31 Mar 2024.

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