Modern Gears Private Limited

Modern Gears Private Limited

Art trading company established in 1972 with registered office in West Bengal.
1972 | - | Active

Last Updated:

October 04, 2024
HomeCompanyModern Gears Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Jugal Saraff In Director 12-Nov-2019Current
Suman Kanoi In Director 16-Oct-1998Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-8.50%
Revenue from Operations
-85.56%
Total Assets
-11.70%
Profit or Loss
63.40%
Net Worth
-0.29%
EBITDA
-3630.62%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹1.00 Cr

LenderAmountStatus

Allahabad Bank

Creation Date: 20 Sep 2013
₹1.00 CrSatisfied

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.

Employee Graph

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Rating

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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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Modern Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • 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 1 month .

    12 Nov 2019

  • Charges

    A charge registered on 20 Sep 2013 via Charge ID 10508668 with Allahabad Bank was fully satisfied on 31 Jul 2018.

    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.

    20 Sep 2013

  • Director Appointment

    Suman Kanoi was appointed as a Director was appointed as a Director on 16 Oct 1998 & has been associated with this company since 26 years 2 months .

    16 Oct 1998

Frequently asked questions

  • Modern Gears Private Limited was incorporated on 25 Jul 1972.

  • The authorized share capital of Modern Gears Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.98 M.

  • Currently 2 directors are associated with Modern Gears Private Limited.

    • Jugal Kishore Saraff
    • Suman Kanoi
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Modern Gears Private Limited has fallen by -8.50%.

  • 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%.

  • The most recent Balance Sheet for Modern Gears Private Limited was filed with the ROC on 31 Mar 2023.

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