Modern Insecticides Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 2.20 Cr
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.40 Cr
- Satisfied Charges ₹ 30.59 Cr
- Revenue Growth 47.31%
- Profit Growth -13.77%
- Ebitda -10.40%
- Net Worth 4.10%
- Total Assets 82.81%
About Modern Insecticides
Modern Insecticides Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 October 1990 and has a history of 34 years and three months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Modern Insecticides Private Limited. The Company is engaged in the Agriculture 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 4.00 Cr and a paid-up capital of Rs 2.20 Cr.
The company currently has active open charges totaling ₹36.40 Cr. The company has closed loans amounting to ₹30.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amandeep Singh, Tarlochan Singh, and Surendra Kumar serve as directors at the Company.
Company Details
-
Location
Ludhiana, Punjab, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U24211PB1990PLC010771
-
Company No.
010771
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
22 Oct 1990
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
What products or services does Modern Insecticides Limited offer?
Modern Insecticides Limited offers a wide range of products and services, including Insecticides and Pesticides, Plant Growth Regulators, Gibberellic Acid, Selective Herbicide, Non Selective Herbicide, Agro Chemicals, Herbicides.
Who are the key members and board of directors at Modern Insecticides?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amandeep Singh
|
Director | 10-Apr-2021 | Current |
|
Tarlochan Singh
|
Director | 13-Aug-2022 | Current |
|
Surendra Kumar
|
Director | 13-Aug-2022 | Current |
Financial Performance of Modern Insecticides.
Modern Insecticides Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.31% increase. The company also saw a substantial fall in profitability, with a 13.77% decrease in profit. The company's net worth moved up by a moderate rise of 4.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(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 Insecticides?
In 2023, Modern Insecticides had a promoter holding of 99.27% and a public holding of 0.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹36.40 Cr
₹30.59 Cr
Charges Breakdown by Lending Institutions
- Others : 36.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2022 | Others | ₹4.00 Cr | Open |
| 04 Jun 2022 | Others | ₹4.50 Cr | Open |
| 29 Oct 2020 | Others | ₹2.90 Cr | Open |
| 28 Jul 2016 | Others | ₹25.00 Cr | Open |
| 27 Jun 2013 | Reliance Home Finance Limited | ₹2.50 Cr | Satisfied |
How Many Employees Work at Modern Insecticides?
Modern Insecticides has a workforce of 21 employees as of Apr 04, 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 Insecticides, 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 Insecticides'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.
