Modern Hitech Products Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 06-07-2024
- Paid Up Capital ₹ 1.35 M
as on 06-07-2024
- Company Age 16 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.01 Cr
as on 06-07-2024
- Satisfied Charges ₹ 5.00 Cr
as on 06-07-2024
- Revenue 53.28%
(FY 2023)
- Profit 97.24%
(FY 2023)
- Ebitda 85.16%
(FY 2023)
- Net Worth 19.72%
(FY 2023)
- Total Assets 25.57%
(FY 2023)
About Modern Hitech Products
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.35 M.
The company currently has active open charges totaling ₹9.01 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Om Singh, Sumit Singh, and Mina Singh serve as directors at the Company.
- CIN/LLPIN
U27100WB2008PTC130193
- Company No.
130193
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Oct 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Modern Hitech Products?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Om Singh  | Director | 29-Oct-2008 | Current |
| Sumit Singh | Additional Director | 15-Jun-2010 | Current |
| Mina Singh | Director | 29-Oct-2008 | Current |
Financial Performance of Modern Hitech Products.
Modern Hitech Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.28% increase. The company also saw a substantial improvement in profitability, with a 97.24% increase in profit. The company's net worth Soared by an impressive increase of 19.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Hitech Products?
In 2023, Modern Hitech Products 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)
Kamala Construction Private LimitedActive 15 years 4 monthsOm Singh, Sumit Singh and 1 more are mutual person
Charges (Loans)
₹9.01 Cr
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.60 Cr
- Bank Of India : 4.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2023 | Axis Bank Limited | ₹4.60 Cr | Open |
| 03 Aug 2020 | Bank Of India | ₹2.10 M | Open |
| 08 Jun 2020 | Bank Of India | ₹2.00 M | Open |
| 18 Dec 2019 | Bank Of India | ₹4.00 Cr | Open |
| 28 Dec 2016 | Axis Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Modern Hitech Products?
Modern Hitech Products has a workforce of 50 employees as of Apr 07, 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 Hitech Products, 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 Hitech Products'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.
