Modern Home Appliances Private Limited logo

Modern Home Appliances Private Limited

Manufacturer and exporter of aluminum sheets and cookware, based in Punjab since 2020.
2020 | Kapurthala, Punjab (India) | Active

Last Updated:

July 18, 2024
HomeCompanyModern Home Appliances Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Raghav Gupta InManaging Director24-Aug-2020Current

Board Members(3)

NameDesignationAppointment DateStatus
Rahul Gupta In Director 24-Aug-2020Current
Ruchira Gupta In Director 24-Aug-2020Current
Shikha Gupta In Director 24-Aug-2020Current

Financial Performance of Modern Home Appliances.

Modern Home Appliances Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 80.37% decrease. The company also saw a substantial fall in profitability, with a 136.61% decrease in profit. The company's net worth dipped by a decrease of 2.6%.

Revenue Growth Graph
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  • 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
-80.37%
Revenue from Operations
Total Assets
420.39%
Profit or Loss
-136.61%
Net Worth
-2.60%
EBITDA
50.42%

Charges (Loans)

Open Charges

₹44.08 M

LenderAmountStatus

Sidbi

Creation Date: 12 Mar 2024
₹9.50 MOpen

Others

Creation Date: 29 Dec 2021
₹3.46 CrOpen

How Many Employees Work at Modern Home Appliances?

Modern Home Appliances has a workforce of 38 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.

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Latest Updates, News, and FAQs on Modern Home Appliances

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 9.50 M with Charge ID 100899182 was registered on 12 Mar 2024.

    12 Mar 2024

  • Charges

    A charge with Others of Rs. 34.58 M registered on 29 Dec 2021 with Charge ID 100537013 was modified on 31 Jan 2024.

    31 Jan 2024

  • Annual General Meeting

    Modern Home Appliances 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 Home Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 34.58 M with Charge ID 100537013 was registered on 29 Dec 2021.

    29 Dec 2021

  • Director Appointment

    Raghav Gupta was appointed as a Managing Director was appointed as a Managing Director on 24 Aug 2020 & has been associated with this company since 4 years 4 months .

    24 Aug 2020

Frequently asked questions

  • Modern Home Appliances Private Limited was incorporated on 24 Aug 2020.

  • The authorized share capital of Modern Home Appliances Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Modern Home Appliances Private Limited.

    • Raghav Gupta
    • Rahul Gupta
    • Ruchira Gupta
    • Shikha Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Home Appliances Private Limited is Modern Home Appliances Private LimitedAujla Road Opp. Choice Bread Factory, Kapurthala, Punjab, India, 144601.

  • The corporate identification number (CIN) of Modern Home Appliances Private Limited is U52609PB2020PTC051707 and the company number is 051707 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modern Home Appliances Private Limited is https://www.modernhomeappliances.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Modern Home Appliances Private Limited has fallen by -80.37%.

  • As Per 2022 financial reports, 38 employees are currently employed by Modern Home Appliances Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Modern Home Appliances Private Limited has experienced an downturn of -2.60%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Modern Home Appliances Private Limited amount to ₹ 4.41 Cr.

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

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