Modern Home Appliances Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.00 M
- Company Age 4 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.41 Cr
- Revenue Growth -80.37%
- Profit Growth -136.61%
- Ebitda 50.42%
- Net Worth -2.60%
- Total Assets 420.39%
About Modern Home Appliances
Modern Home Appliances Private Limited (MHAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 August 2020 (Four years and six months 2 days old ). Its registered office is in Kapurthala, Punjab, India.
The Company is engaged in the Consumer Electronics & Durables 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 2.50 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹4.41 Cr.
Raghav Gupta, Rahul Gupta, Ruchira Gupta, and One other member serve as directors at the Company.
Company Details
- Location
Kapurthala, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U52609PB2020PTC051707
- Company No.
051707
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Aug 2020
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Modern Home Appliances?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghav Gupta  | Managing Director | 24-Aug-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Gupta | Director | 24-Aug-2020 | Current |
| Ruchira Gupta | Director | 24-Aug-2020 | Current |
| Shikha Gupta | Director | 24-Aug-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Home Appliances?
In 2022, Modern Home Appliances had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹44.08 M
₹0
Charges Breakdown by Lending Institutions
- Others : 3.46 Cr
- Sidbi : 0.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2024 | Sidbi | ₹9.50 M | Open |
| 29 Dec 2021 | Others | ₹3.46 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Modern Home Appliances, 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 Home Appliances'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.
