Modern Growth Technologies Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 02-07-2024
- Paid Up Capital ₹ 0.10 M
as on 02-07-2024
- Company Age 15 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.48 M
as on 02-07-2024
- Satisfied Charges ₹ 2.00 M
as on 02-07-2024
- Revenue -29.31%
(FY 2021)
- Profit -35.17%
(FY 2021)
- Ebitda -56.14%
(FY 2021)
- Net Worth 21.57%
(FY 2021)
- Total Assets -1.36%
(FY 2021)
About Modern Growth Technologies
The Corporate was formerly known as Thesqua.Re India Private Limited. The Company is engaged in the Service 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1.48 M. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Sidharth Narang, Kusum Narang, and Prateek Tandon serve as directors at the Company.
- CIN/LLPIN
U74900DL2008PTC185131
- Company No.
185131
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Nov 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
South Delhi, Delhi, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Modern Growth Technologies?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sidharth Narang  | Director | 16-Mar-2021 | Current |
| Kusum Narang | Director | 04-Oct-2021 | Current |
| Prateek Tandon | Director | 07-Jan-2022 | Current |
Financial Performance and Corporate Structure Insights of Modern Growth Technologies.
Modern Growth Technologies Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 29.31% decrease. The company also saw a substantial fall in profitability, with a 35.17% decrease in profit. The company's net worth Soared by an impressive increase of 21.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Modern Growth Technologies?
In 2021, Modern Growth Technologies 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)
Crowdsource Technologies Private Limited
Active
12 years 4 months Sidharth Narang and Kusum Narang are mutual person
Ovington Asset Management Private Limited
Active 15 years 2 months Sidharth Narang and Kusum Narang are mutual person
Shri Veni Madhav Equity Advisors Private Limited.
Active 18 years 8 months Kusum Narang is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 12 Jun 2023 | ₹0.59 M | Open |
Others Creation Date: 27 Feb 2020 | ₹0.89 M | Open |
Union Bank Of India Creation Date: 28 Jul 2011 | ₹2.00 M | Satisfied |
How Many Employees Work at Modern Growth Technologies?
Modern Growth Technologies has a workforce of 60 employees as of Apr 08, 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 Growth Technologies, 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 Growth Technologies'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
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.
