Modern Financial Services Ltd.

Founded in 1983 and headquartered in West Bengal, India.

1983 | Kolkata, West Bengal (India) | Active
Last Updated:

Modern Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.45 Cr
  • Company Age 42 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -73.36%
  • Profit Growth -89.66%
  • Ebitda -507.48%
  • Net Worth -0.82%
  • Total Assets -0.83%

About Modern Financial Services

Modern Financial Services Ltd. (MFSL) is a Public Limited Indian Non-Government Company incorporated in India on 25 February 1983 and has a history of 42 years and two months. Its registered office is in Kolkata, West Bengal, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 4.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modern Financial Services Ltd. India are Priti Prasad as COMPANY SECRETARY and Amitabha Sarkar as Cfo. Amitabha Sarkar, Probir Koyal, Sushil Mandal, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24139WB1983PLC035932

  • Company No.

    035932

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Company report

Modern Financial Services Ltd.

Explore comprehensive data for Modern Financial Services Ltd., including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Amitabha Sarkar Country flag representing In Managing Director24-Jan-2000Current
Priti Prasad Company Secretary14-May-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Probir Koyal Country flag representing In Director 15-Dec-2005Current
Sushil Mandal Country flag representing In Director 27-Oct-2021Current
Mina Roy Country flag representing In Director 30-Mar-2015Current

Financial Performance of Modern Financial Services.

Modern Financial Services Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 73.36% decrease. The company also saw a substantial fall in profitability, with a 89.66% decrease in profit. The company's net worth dipped by a decrease of 0.82%.

Modern Financial Services revenue growth over time
Modern Financial Services 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
-73.36%
Revenue from Operations
-14.24%
Total Assets
-0.83%
Profit or Loss
-89.66%
Net Worth
-0.82%
EBITDA
-507.48%

What is the Ownership and Shareholding Structure of Modern Financial Services?

In 2022, Modern Financial Services had a promoter holding of 43.04% and a public holding of 56.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Modern Financial Services?

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

Employee growth trends for Modern Financial Services Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Financial Services, 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 Financial Services'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

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Latest Updates, News, and FAQs on Modern Financial Services

Recent activity within the organization

  • Annual General Meeting

    Modern Financial Services Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Modern Financial Services Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Priti Prasad was appointed as a Company Secretary was appointed as a Company Secretary on 14 May 2022 & has been associated with this company since 3 years 1 day .

  • Director Appointment

    Sushil Mandal was appointed as a Director was appointed as a Director on 27 Oct 2021 & has been associated with this company since 3 years 6 months .

  • Director Appointment

    Mina Roy was appointed as a Director was appointed as a Director on 30 Mar 2015 & has been associated with this company since 10 years 1 month .

  • Director Appointment

    Probir Kumar Koyal was appointed as a Director was appointed as a Director on 15 Dec 2005 & has been associated with this company since 19 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Modern Financial Services Ltd.?

    Modern Financial Services Ltd. was incorporated on 25 Feb 1983.

  • What is authorized share capital and paid-up capital of Modern Financial Services Ltd.?

    The authorized share capital of Modern Financial Services Ltd. is ₹ 6.00 Cr and paid-up capital is ₹ 4.45 Cr.

  • Who are the current board members & directors of Modern Financial Services Ltd.?

    Currently 6 directors are associated with Modern Financial Services Ltd..

    • Amitabha Sarkar
    • Probir Kumar Koyal
    • Sushil Mandal
    • Mina Roy
    • Priti Prasad
    • Amitabha Sarkar
  • What is the registered address of Modern Financial Services Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modern Financial Services Ltd. is 53 B Mirza Ghalib Street, Kolkata, West Bengal, India, 700016.

  • What is the corporate identification number (CIN) and company number of Modern Financial Services Ltd.?

    The corporate identification number (CIN) of Modern Financial Services Ltd. is L24139WB1983PLC035932 and the company number is 035932 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Modern Financial Services Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Modern Financial Services Ltd. has fallen by -73.36%.

  • What change has been observed in the net worth of Modern Financial Services Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Modern Financial Services Ltd. has experienced an downturn of -0.82%.

  • When was the last Balance Sheet of Modern Financial Services Ltd. filed with the ROC?

    The most recent Balance Sheet for Modern Financial Services Ltd. was filed with the ROC on 31 Mar 2023.

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