Modern India Con Cast Ltd

This company manufactures ferroalloys and exports them to global markets.

1987 | Kolkata, West Bengal (India) | Active
Last Updated: July 28, 2024

Modern India Con Cast Profile

Key Indicators

  • Authorised Capital ₹ 68.51 Cr
  • Paid Up Capital ₹ 60.51 Cr
  • Company Age 37 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 186.00 Cr
  • Satisfied Charges ₹ 1,206.31 Cr
  • Revenue Growth %
  • Profit Growth 19700.00%
  • Ebitda 5482.00%
  • Net Worth 2.95%
  • Total Assets 28.53%

About Modern India Con Cast

Modern India Con Cast Ltd (MICCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 April 1987 and has a history of 37 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Metals And Minerals 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 68.51 Cr and a paid-up capital of Rs 60.51 Cr.

The company currently has active open charges totaling ₹186.00 Cr. The company has closed loans amounting to ₹1,206.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modern India Con Cast Ltd India are Sunanda Tarei as Cfo, Hari Naik as Company Secretary, and Ishwar Sharma as Ceo. Debabrata Behera, Susmita Behera, Soumya Panda, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106WB1987PLC042166

  • Company No.

    042166

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

What products or services does Modern India Con Cast Ltd offer?

Modern India Con Cast Ltd offers a wide range of products and services, including Ferro Alloys, Ferro Silicon.

Who are the key members and board of directors at Modern India Con Cast?

Executive Team (4)

NameDesignationAppointment DateStatus
Debabrata Behera Country flag representing In Managing Director30-Sep-2021Current
Sunanda Tarei CFO20-Jun-2022Current
Hari Naik Company Secretary01-Jul-2022Current
Ishwar Sharma CEO19-Jan-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Susmita Behera Country flag representing In Director 30-Sep-2021Current
Soumya Panda Country flag representing In Additional Director 19-Jan-2024Current
Satrujeet Sahoo Country flag representing In Director 05-Jun-2023Current

Financial Performance of Modern India Con Cast.

Modern India Con Cast Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 19700% increase in profit. The company's net worth moved up by a moderate rise of 2.95%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
28.53%
Profit or Loss
19700.00%
Net Worth
2.95%
EBITDA
5482.00%

What is the Ownership and Shareholding Structure of Modern India Con Cast?

In 2023, Modern India Con Cast had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹186.00 Cr

Satisfied Charges

₹1,206.31 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 100.00 Cr
  • State Bank Of India : 86.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2023Indian Bank₹100.00 CrOpen
31 Aug 2023State Bank Of India₹86.00 CrOpen
30 Aug 2023State Bank Of India₹86.00 CrSatisfied
18 Jul 2013Others₹294.92 CrSatisfied
03 Apr 2013Punjab & Sindh Bank₹11.00 CrSatisfied

How Many Employees Work at Modern India Con Cast?

Unlock and access historical data on people associated with Modern India Con Cast, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern India Con Cast, 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 India Con Cast's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Modern India Con Cast

Recent activity within the organization

  • Director Appointment

    Soumya Ranjan Panda was appointed as a Additional Director was appointed as a Additional Director on 19 Jan 2024 & has been associated with this company since 1 year 12 days .

    19 Jan 2024

  • Director Appointment

    Ishwar Chandra Sharma was appointed as a Ceo was appointed as a Ceo on 19 Jan 2024 & has been associated with this company since 1 year 12 days .

    19 Jan 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 100.00 Cr with Charge ID 100829771 was registered on 08 Nov 2023.

    08 Nov 2023

  • Annual General Meeting

    Modern India Con Cast Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 30 Aug 2023 via Charge ID 100771458 with State Bank Of India was fully satisfied on 05 Sep 2023.

    05 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 86.00 Cr with Charge ID 100771717 was registered on 31 Aug 2023.

    31 Aug 2023

Frequently asked questions

  • Modern India Con Cast Ltd was incorporated on 08 Apr 1987.

  • The authorized share capital of Modern India Con Cast Ltd is ₹ 68.51 Cr and paid-up capital is ₹ 60.51 Cr.

  • Currently 7 directors are associated with Modern India Con Cast Ltd.

    • Debabrata Behera
    • Susmita Behera
    • Soumya Ranjan Panda
    • Satrujeet Sahoo
    • Sunanda Tarei
    • Hari Har Naik
    • Ishwar Chandra Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern India Con Cast Ltd is 8B 'Everest' 46C Jawaharlal Nehru Road, Kolkata, West Bengal, India, 700071.

  • The corporate identification number (CIN) of Modern India Con Cast Ltd is U27106WB1987PLC042166 and the company number is 042166 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modern India Con Cast Ltd is https://www.groupkashvi.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modern India Con Cast Ltd has experienced an upsurge of 2.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modern India Con Cast Ltd amount to ₹ 186.00 Cr.

  • The most recent Balance Sheet for Modern India Con Cast Ltd was filed with the ROC on 31 Mar 2023.

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