Modern Living Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 5.10 M
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.10 Cr
- Revenue Growth -2.98%
- Profit Growth 260.19%
- Ebitda 145.77%
- Net Worth 26.85%
- Total Assets 22.86%
About Modern Living Solutions
Modern Living Solutions Private Limited (MLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 2011 and has a history of 13 years and six months. Its registered office is in Nagpur, Maharashtra, India.
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.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Consumer Electronics & Durables
Modern Living Solutions Private Limited
Explore comprehensive data for Modern Living Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 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
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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)
Vnit Nagpur Alumni AssociationVivek Deshpande is a mutual person
Spacewood Office Solutions Private LimitedVivek Deshpande and Kirit Joshi are mutual person
- Space Wood Furnishers Private Limited.
Vivek Deshpande and Kirit Joshi are mutual person
Dolphin Hume Pipe Industries Private LimitedVivek Deshpande and Kirit Joshi are mutual person
- Green Meadows Realities Private Limited
Vivek Deshpande and Kirit Joshi are mutual person
- Vnit Ventures Vault Foundation
Vivek Deshpande is a mutual person
Charges (Loans)
Open Charges
₹10.10 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 10.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2021 | Indian Overseas Bank | ₹2.10 M | Open |
| 13 Dec 2012 | Indian Overseas Bank | ₹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.
Latest Updates, News, and FAQs on Modern Living Solutions
Recent activity within the organization
- Annual General Meeting
Modern Living Solutions Private Limited last Annual general meeting of members was held on 11 Aug 2023 as per latest MCA records.
- Balance Sheet
Modern Living Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 0.21 Cr with Charge ID 100514256 was registered on 09 Dec 2021.
- Charges
A charge with Indian Overseas Bank of Rs. 9.89 Cr registered on 13 Dec 2012 with Charge ID 10399682 was modified on 31 Aug 2020.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 9.89 Cr with Charge ID 10399682 was registered on 13 Dec 2012.
- Director Appointment
Vivek Moreshwar Deshpande was appointed as a Director was appointed as a Director on 20 Mar 2012 & has been associated with this company since 13 years 1 month .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Modern Living Solutions Private Limited?
Modern Living Solutions Private Limited was incorporated on 21 Oct 2011.
What is authorized share capital and paid-up capital of Modern Living Solutions Private Limited?
The authorized share capital of Modern Living Solutions Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 5.10 M.
Who are the current board members & directors of Modern Living Solutions Private Limited?
Currently 2 directors are associated with Modern Living Solutions Private Limited.
- Vivek Moreshwar Deshpande
- Kirit Sharad Joshi
What is the registered address of Modern Living Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Living Solutions Private Limited is T-48 Midc, Hingna Road India, Nagpur, Maharashtra, 440016.
What is the corporate identification number (CIN) and company number of Modern Living Solutions Private Limited?
The corporate identification number (CIN) of Modern Living Solutions Private Limited is U20299MH2011PTC223350 and the company number is 223350 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modern Living Solutions Private Limited?
The Official website of Modern Living Solutions Private Limited is https://www.spacewood.in
What has been the recent revenue trend for Modern Living Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modern Living Solutions Private Limited has fallen by -2.98%.
How many employees does Modern Living Solutions Private Limited currently have?
As Per 2023 financial reports, 66 employees are currently employed by Modern Living Solutions Private Limited.
What change has been observed in the net worth of Modern Living Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modern Living Solutions Private Limited has experienced an upsurge of 26.85%.
What are the total open charges for Modern Living Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Modern Living Solutions Private Limited amount to ₹ 10.10 Cr.
When was the last Balance Sheet of Modern Living Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Modern Living Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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