Modern Living Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 5.10 M
as on 24-10-2024
- Company Age 13 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.10 Cr
as on 24-10-2024
- Revenue -2.98%
(FY 2023)
- Profit 260.19%
(FY 2023)
- Ebitda 145.77%
(FY 2023)
- Net Worth 26.85%
(FY 2023)
- Total Assets 22.86%
(FY 2023)
About Modern Living Solutions
The Company is engaged in the Consumer Electronics & Durables 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 2.00 Cr and a paid-up capital of Rs 5.10 M.
The company currently has active open charges totaling ₹10.10 Cr.
Vivek Deshpande and Kirit Joshi serve as directors at the Company.
- CIN/LLPIN
U20299MH2011PTC223350
- Company No.
223350
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Oct 2011
- Date of AGM
11 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Modern Living Solutions?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Deshpande  | Director | 20-Mar-2012 | Current |
| Kirit Joshi | Director | 20-Mar-2012 | Current |
Financial Performance and Corporate Structure Insights of Modern Living Solutions.
Modern Living Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.98% decrease. The company also saw a substantial improvement in profitability, with a 260.19% increase in profit. The company's net worth Soared by an impressive increase of 26.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Modern Living Solutions?
In 2023, Modern Living Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Spacewood Office Solutions Private LimitedActive 16 years 10 monthsVivek Deshpande and Kirit Joshi are mutual person
Space Wood Furnishers Private Limited.Active 28 years 6 monthsVivek Deshpande and Kirit Joshi are mutual person
Dolphin Hume Pipe Industries Private LimitedActive 41 years 6 monthsVivek Deshpande and Kirit Joshi are mutual person
- Green Meadows Realities Private LimitedActive 17 years 7 months
Vivek Deshpande and Kirit Joshi are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Overseas Bank Creation Date: 09 Dec 2021 | ₹2.10 M | Open |
Indian Overseas Bank Creation Date: 13 Dec 2012 | ₹9.89 Cr | Open |
How Many Employees Work at Modern Living Solutions?
Modern Living Solutions has a workforce of 66 employees as of Sep 06, 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 Living Solutions, 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 Living Solutions'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.
