Modern Ispat Private Limited

Manufactures rolled steel sections, angles, channels, and Z bars in West Bengal.

2006 | Kolkata, West Bengal (India) | Active
Last Updated:

Modern Ispat Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.72 Cr
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.06 Cr
  • Satisfied Charges ₹ 14.06 Cr
  • Revenue Growth 25.10%
  • Profit Growth 7.09%
  • Ebitda 3.27%
  • Net Worth 3.63%
  • Total Assets -18.61%

About Modern Ispat

Modern Ispat Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 November 2006 and has a history of 18 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 2.72 Cr.

The company currently has active open charges totaling ₹8.06 Cr. The company has closed loans amounting to ₹14.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mandeep Singh, Jatin Sainii, and Arvinder Saini serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2006PTC111808

  • Company No.

    111808

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing
Company report

Modern Ispat Private Limited

Explore comprehensive data for Modern Ispat Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Mandeep Singh Country flag representing In Director 30-Mar-2019Current
Jatin Sainii Country flag representing In Director 19-Apr-2019Current
Arvinder Saini Country flag representing In Director 02-Apr-2021Current

Financial Performance of Modern Ispat.

Modern Ispat Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.1% increase. The company also saw a slight improvement in profitability, with a 7.09% increase in profit. The company's net worth moved up by a moderate rise of 3.63%.

Modern Ispat revenue growth over time
Modern Ispat 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
25.10%
Revenue from Operations
24.53%
Total Assets
-18.61%
Profit or Loss
7.09%
Net Worth
3.63%
EBITDA
3.27%

What is the Ownership and Shareholding Structure of Modern Ispat?

In 2023, Modern Ispat had a promoter holding of 14.69% and a public holding of 85.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.06 Cr

Satisfied Charges

₹14.06 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 8.06 Cr

Latest Charge Details

DateLenderAmountStatus
26 Nov 2021Idbi Bank Limited₹8.06 CrOpen
28 Jan 2021Others₹5.50 CrSatisfied
18 Sep 2020Others₹5.60 MSatisfied
02 May 2008Others₹4.00 CrSatisfied
11 Jun 2007West Bengal Financial Corporation₹4.00 CrSatisfied

How Many Employees Work at Modern Ispat?

Modern Ispat has a workforce of 14 employees as of Mar 31, 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.

Employee growth trends for Modern Ispat Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Ispat, 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 Ispat'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 Ispat

Recent activity within the organization

  • Annual General Meeting

    Modern Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Modern Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Idbi Bank Limited of Rs. 8.06 Cr registered on 26 Nov 2021 with Charge ID 100513827 was modified on 18 Aug 2022.

  • Charges

    A charge registered on 28 Jan 2021 via Charge ID 100411493 with Others was fully satisfied on 04 Jan 2022.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 8.06 Cr with Charge ID 100513827 was registered on 26 Nov 2021.

  • Charges

    A charge with Others of Rs. 5.50 Cr registered on 28 Jan 2021 with Charge ID 100411493 was modified on 31 May 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Modern Ispat Private Limited?

    Modern Ispat Private Limited was incorporated on 15 Nov 2006.

  • What is authorized share capital and paid-up capital of Modern Ispat Private Limited?

    The authorized share capital of Modern Ispat Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.72 Cr.

  • Who are the current board members & directors of Modern Ispat Private Limited?

    Currently 3 directors are associated with Modern Ispat Private Limited.

    • Mandeep Singh
    • Jatin Sainii
    • Arvinder Singh Saini

  • What is the registered address of Modern Ispat Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modern Ispat Private Limited is 18-D Everest 46C, J. L. Nehru Road India, Kolkata, West Bengal, 700071.

  • What is the corporate identification number (CIN) and company number of Modern Ispat Private Limited?

    The corporate identification number (CIN) of Modern Ispat Private Limited is U27109WB2006PTC111808 and the company number is 111808 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Modern Ispat Private Limited?

    The Official website of Modern Ispat Private Limited is https://www.gayson.co.in

  • What has been the recent revenue trend for Modern Ispat Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Modern Ispat Private Limited has risen by 25.10%.

  • How many employees does Modern Ispat Private Limited currently have?

    As Per 2023 financial reports, 14 employees are currently employed by Modern Ispat Private Limited.

  • What change has been observed in the net worth of Modern Ispat Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Modern Ispat Private Limited has experienced an upsurge of 3.63%.

  • What are the total open charges for Modern Ispat Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Modern Ispat Private Limited amount to ₹ 8.06 Cr.

  • When was the last Balance Sheet of Modern Ispat Private Limited filed with the ROC?

    The most recent Balance Sheet for Modern Ispat Private Limited was filed with the ROC on 31 Mar 2024.

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