Modern Ispat Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.72 Cr
as on 16-11-2024
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.06 Cr
as on 16-11-2024
- Satisfied Charges ₹ 14.06 Cr
as on 16-11-2024
- Revenue 25.10%
(FY 2023)
- Profit 7.09%
(FY 2023)
- Ebitda 3.27%
(FY 2023)
- Net Worth 3.63%
(FY 2023)
- Total Assets -18.61%
(FY 2023)
About Modern Ispat
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.
- 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
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Modern Ispat?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mandeep Singh  | Director | 30-Mar-2019 | Current |
| Jatin Sainii | Director | 19-Apr-2019 | Current |
| Arvinder Saini | Director | 02-Apr-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Bank Limited Creation Date: 26 Nov 2021 | ₹8.06 Cr | Open |
Others Creation Date: 28 Jan 2021 | ₹5.50 Cr | Satisfied |
Others Creation Date: 18 Sep 2020 | ₹5.60 M | Satisfied |
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.
Deals i
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
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.
