Modern Jute Machiney Co Pvt Ltd

Exporter of books and machinery for jute, textiles, tea, coffee, rubber, and other industries.

1972 | North 24 Parganas, West Bengal (India) | Active
Last Updated: February 01, 2025

Modern Jute Machiney Co Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 52 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.80 M
  • Satisfied Charges ₹ 1.72 Cr
  • Revenue Growth 36.50%
  • Profit Growth 31.99%
  • Ebitda 23.48%
  • Net Worth 6.65%
  • Total Assets -1.88%

About Modern Jute Machiney Co

Modern Jute Machiney Co Pvt Ltd (MJMCPL) was founded in India on 18 September 1972 and has a glorious history of 52 years and five months.Its registered office is in North 24 Parganas, West Bengal, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹9.80 M. The company has closed loans amounting to ₹1.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shri Jagnani, Sidhartha Jagnani, Sudarshan Jagnani, and One other member serve as directors at the Company.

Company Details

  • Location

    North 24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909WB1972PTC028524

  • Company No.

    028524

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 1972

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment
Education

Who are the key members and board of directors at Modern Jute Machiney Co?

Board Members (4)

NameDesignationAppointment DateStatus
Shri Jagnani Country flag representing In Director 18-Sep-1972Current
Sidhartha Jagnani Country flag representing In Director 28-Jul-2014Current
Sudarshan Jagnani Country flag representing In Additional Director Current
Neha Jagnani Country flag representing In Director 30-Nov-2021Current

Financial Performance of Modern Jute Machiney Co.

Modern Jute Machiney Co Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 36.5% increase. The company also saw a substantial improvement in profitability, with a 31.99% increase in profit. The company's net worth moved up by a moderate rise of 6.65%.

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
36.50%
Revenue from Operations
39.11%
Total Assets
-1.88%
Profit or Loss
31.99%
Net Worth
6.65%
EBITDA
23.48%

What is the Ownership and Shareholding Structure of Modern Jute Machiney Co?

In 2023, Modern Jute Machiney Co had a public holding of 27.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.80 M

Satisfied Charges

₹17.20 M

Charges Breakdown by Lending Institutions

  • United Bank Of India : 0.98 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2012United Bank Of India₹9.80 MOpen
16 Dec 2020Others₹2.70 MSatisfied
28 Jul 2017Others₹1.45 CrSatisfied

How Many Employees Work at Modern Jute Machiney Co?

Unlock and access historical data on people associated with Modern Jute Machiney Co, 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 Jute Machiney Co, 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 Jute Machiney Co'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 Jute Machiney Co

Recent activity within the organization

  • Annual General Meeting

    Modern Jute Machiney Co Pvt Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Modern Jute Machiney Co Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Neha Jagnani was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 2 months .

    30 Nov 2021

  • Charges

    A charge registered on 16 Dec 2020 via Charge ID 100405882 with Others was fully satisfied on 16 Nov 2021.

    16 Nov 2021

  • Charges

    A charge registered on 28 Jul 2017 via Charge ID 100131028 with Others was fully satisfied on 16 Nov 2021.

    16 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 2.70 M with Charge ID 100405882 was registered on 16 Dec 2020.

    16 Dec 2020

Frequently asked questions

  • Modern Jute Machiney Co Pvt Ltd was incorporated on 18 Sep 1972.

  • The authorized share capital of Modern Jute Machiney Co Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Modern Jute Machiney Co Pvt Ltd.

    • Shri Narain Jagnani
    • Sidhartha Jagnani
    • Sudarshan Jagnani
    • Neha Jagnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Jute Machiney Co Pvt Ltd is Stesalit Building, Room No-704 7Th Floor Block Ep Gp Plot No E2 Sector 5 Salt Lak E City India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of Modern Jute Machiney Co Pvt Ltd is U51909WB1972PTC028524 and the company number is 028524 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modern Jute Machiney Co Pvt Ltd has risen by 36.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modern Jute Machiney Co Pvt Ltd has experienced an upsurge of 6.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modern Jute Machiney Co Pvt Ltd amount to ₹ 9.80 M.

  • The most recent Balance Sheet for Modern Jute Machiney Co Pvt Ltd was filed with the ROC on 31 Mar 2023.

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