Modern Growth Technologies Private Limited

Founded in 2008 and headquartered in Delhi, India.

2008 | Delhi (India) | Active
Last Updated: December 13, 2024

Modern Growth Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.48 M
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth -29.31%
  • Profit Growth -35.17%
  • Ebitda -56.14%
  • Net Worth 21.57%
  • Total Assets -1.36%

About Modern Growth Technologies

Modern Growth Technologies Private Limited (MGTPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 November 2008 and has a history of 16 years and two months. Its registered office is in Delhi, India.

The Corporate was formerly known as Modern Living Hospitality Private Limited. The Company is engaged in the Business Services 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.48 M. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Sunidhi Sharma, Prateek Tandon, and Sidharth Narang serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900DL2008PTC185131

  • Company No.

    185131

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Services

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

Board Members (3)

Name Designation Appointment Date Status
Sunidhi Sharma Additional Director 20-Nov-2024 Current
Prateek Tandon Country flag representing In Director 07-Jan-2022 Current
Sidharth Narang Country flag representing In Director 16-Mar-2021 Current

Financial Performance of Modern Growth Technologies.

Modern Growth Technologies Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 29.31% decrease. The company also saw a substantial fall in profitability, with a 35.17% decrease in profit. The company's net worth Soared by an impressive increase of 21.57%.

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
-29.31%
Revenue from Operations
-33.09%
Total Assets
-1.36%
Profit or Loss
-35.17%
Net Worth
21.57%
EBITDA
-56.14%

What is the Ownership and Shareholding Structure of Modern Growth Technologies?

In 2021, Modern Growth Technologies 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)

Open Charges

₹1.48 M

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
12 Jun 2023 Others ₹0.59 M Open
27 Feb 2020 Others ₹0.89 M Open
28 Jul 2011 Union Bank Of India ₹2.00 M Satisfied

How Many Employees Work at Modern Growth Technologies?

Modern Growth Technologies has a workforce of 60 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Sunidhi Sharma was appointed as a Additional Director was appointed as a Additional Director on 20 Nov 2024 & has been associated with this company since 2 months 21 days .

    20 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Modern Growth Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.59 M with Charge ID 100731472 was registered on 12 Jun 2023.

    12 Jun 2023

  • Director Appointment

    Prateek Tandon was appointed as a Director was appointed as a Director on 07 Jan 2022 & has been associated with this company since 3 years 1 month .

    07 Jan 2022

  • Director Appointment

    Sidharth Narang was appointed as a Director was appointed as a Director on 16 Mar 2021 & has been associated with this company since 3 years 10 months .

    16 Mar 2021

Frequently asked questions

  • Modern Growth Technologies Private Limited was incorporated on 21 Nov 2008.

  • The authorized share capital of Modern Growth Technologies Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Modern Growth Technologies Private Limited.

    • Sunidhi Sharma
    • Prateek Tandon
    • Sidharth Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Growth Technologies Private Limited is 203 Devika Tower 6, Nehru Place India, New Delhi, 110019.

  • The corporate identification number (CIN) of Modern Growth Technologies Private Limited is U74900DL2008PTC185131 and the company number is 185131 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Modern Growth Technologies Private Limited has fallen by -29.31%.

  • As Per 2021 financial reports, 60 employees are currently employed by Modern Growth Technologies Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Modern Growth Technologies Private Limited has experienced an upsurge of 21.57%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Modern Growth Technologies Private Limited amount to ₹ 1.48 M.

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

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