Modern Knit Works Private Limited

Exports embroideries, garments, and home furnishings to various clients.

2019 | Delhi (India) | Active
Last Updated: December 20, 2024

Modern Knit Works Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 25.07%
  • Profit Growth 28.08%
  • Ebitda 147.97%
  • Net Worth 17.39%
  • Total Assets 33.70%

About Modern Knit Works

Modern Knit Works Private Limited (MKWPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 January 2019 (Six years 28 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Consumer Goods 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Uma Astir and Keshav Astir serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    modernlace.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2019PTC344850

  • Company No.

    344850

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods
Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Uma Astir Country flag representing In Director 23-Jan-2019Current
Keshav Astir Country flag representing In Additional Director 15-Jan-2024Current

Financial Performance of Modern Knit Works.

Modern Knit Works Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.07% increase. The company also saw a substantial improvement in profitability, with a 28.08% increase in profit. The company's net worth Soared by an impressive increase of 17.39%.

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
25.07%
Revenue from Operations
27.73%
Total Assets
33.70%
Profit or Loss
28.08%
Net Worth
17.39%
EBITDA
147.97%

What is the Ownership and Shareholding Structure of Modern Knit Works?

In 2022, Modern Knit Works 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Modern Knit Works?

Unlock and access historical data on people associated with Modern Knit Works, 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 Knit Works, 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 Knit Works'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 Knit Works

Recent activity within the organization

  • Director Appointment

    Keshav Astir was appointed as a Additional Director was appointed as a Additional Director on 15 Jan 2024 & has been associated with this company since 1 year 1 month .

    15 Jan 2024

  • Annual General Meeting

    Modern Knit Works Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Modern Knit Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Uma Astir was appointed as a Director was appointed as a Director on 23 Jan 2019 & has been associated with this company since 6 years 28 days .

    23 Jan 2019

  • Company Incorporation

    Modern Knit Works Private Limited was registered on 23 Jan 2019 with Roc Delhi & aged 6 years 28 days as per MCA records.

    23 Jan 2019

Frequently asked questions

  • Modern Knit Works Private Limited was incorporated on 23 Jan 2019.

  • The authorized share capital of Modern Knit Works Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Modern Knit Works Private Limited.

    • Uma Astir
    • Keshav Astir
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Knit Works Private Limited is D/E-115, Tagore Garden India, New Delhi, 110027.

  • The corporate identification number (CIN) of Modern Knit Works Private Limited is U51909DL2019PTC344850 and the company number is 344850 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modern Knit Works Private Limited is https://www.modernlace.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Modern Knit Works Private Limited has risen by 25.07%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Modern Knit Works Private Limited has experienced an upsurge of 17.39%.

  • The most recent Balance Sheet for Modern Knit Works Private Limited was filed with the ROC on 31 Mar 2023.

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