Modern Gears Private Limited
Art trading company established in 1972 with registered office in West Bengal.
1972 | Active
Modern Gears Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.98 M
- Company Age 52 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth -8.50%
- Profit Growth 63.40%
- Ebitda -3630.62%
- Net Worth -0.29%
- Total Assets -11.70%
About Modern Gears
Modern Gears Private Limited (MGPL) was founded in India on 25 July 1972 and has a glorious history of 52 years and eight months.Its registered office is in Na, West Bengal.
The Company is engaged in the Trading 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 Cr and a paid-up capital of Rs 8.98 M.
The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Jugal Saraff and Suman Kanoi serve as directors at the Company.
Company Details
- Location Na, West Bengal
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51109WB1972PTC090974
- Company No.
090974
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jul 1972
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Trading
Modern Gears Private Limited
Explore comprehensive data for Modern Gears Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Modern Gears?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jugal Saraff  | Director | 12-Nov-2019 | Current |
| Suman Kanoi | Director | 22-Jan-2021 | Current |
Financial Performance of Modern Gears.
Modern Gears Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 8.5% decrease. The company also saw a substantial improvement in profitability, with a 63.4% increase in profit. The company's net worth dipped by a decrease of 0.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Gears?
In 2018, Modern Gears 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)
- Gorica Auto Ltd.
Jugal Saraff and Suman Kanoi are mutual person
- Motijug Agencies Ltd
Jugal Saraff and Suman Kanoi are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1.00 Cr
Charges Breakdown by Lending Institutions
- Allahabad Bank : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2013 | Allahabad Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at Modern Gears?
Unlock and access historical data on people associated with Modern Gears, 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 Gears, 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 Gears's trajectory.
Rating
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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 Gears
Recent activity within the organization
- Annual General Meeting
Modern Gears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Modern Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Suman Kanoi was appointed as a Director was appointed as a Director on 22 Jan 2021 & has been associated with this company since 4 years 2 months .
- Director Appointment
Jugal Kishore Saraff was appointed as a Director was appointed as a Director on 12 Nov 2019 & has been associated with this company since 5 years 5 months .
- Charges
A charge registered on 20 Sep 2013 via Charge ID 10508668 with Allahabad Bank was fully satisfied on 31 Jul 2018.
- Charges
A charge with Allahabad Bank amounted to Rs. 1.00 Cr with Charge ID 10508668 was registered on 20 Sep 2013.
Frequently asked questions
What is the Incorporation or founding date of Modern Gears Private Limited?
Modern Gears Private Limited was incorporated on 25 Jul 1972.
What is authorized share capital and paid-up capital of Modern Gears Private Limited?
The authorized share capital of Modern Gears Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.98 M.
Who are the current board members & directors of Modern Gears Private Limited?
Currently 2 directors are associated with Modern Gears Private Limited.
- Jugal Kishore Saraff
- Suman Kanoi
What is the registered address of Modern Gears Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Gears Private Limited is Motijug House, 1 Auckland Placecal-17 W.E.F.20.01.2000 P.S.Park Street India, Na, West Bengal.
What is the corporate identification number (CIN) and company number of Modern Gears Private Limited?
The corporate identification number (CIN) of Modern Gears Private Limited is U51109WB1972PTC090974 and the company number is 090974 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Modern Gears Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Modern Gears Private Limited has fallen by -8.50%.
What change has been observed in the net worth of Modern Gears Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Modern Gears Private Limited has experienced an downturn of -0.29%.
When was the last Balance Sheet of Modern Gears Private Limited filed with the ROC?
The most recent Balance Sheet for Modern Gears Private Limited was filed with the ROC on 31 Mar 2024.
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