Modern Matches Private Limited

Produces safety matches since 1980, based in Tamil Nadu.

1980 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Modern Matches Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 9.00 M
  • Company Age 44 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 1.55 M
  • Revenue Growth 13.02%
  • Profit Growth 29.89%
  • Ebitda 8.94%
  • Net Worth 5.02%
  • Total Assets -5.94%

About Modern Matches

Modern Matches Private Limited (MMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 1980 and has a history of 44 years and nine months. Its registered office is in Virudhunagar, Tamil Nadu, India.

The Corporate was formerly known as Modern Matches Limited. The Company is engaged in the Fmcg 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 9.00 M and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹1.55 M, as per Ministry of Corporate Affairs (MCA) records.

Annamalai Pramodsankar, Sankaralingam Maheswaran, Aruna Ashok, and Two other members serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24290TN1980PTC008210

  • Company No.

    008210

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1980

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

FMCG

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

Executive Team (1)

Name Designation Appointment Date Status
Annamalai Pramodsankar Country flag representing In Managing Director 06-Jan-2012 Current

Board Members (4)

Name Designation Appointment Date Status
Sankaralingam Maheswaran Country flag representing In Director 04-Dec-1987 Current
Aruna Ashok Country flag representing In Director 24-Mar-2015 Current
Pradeep Maheswaran Country flag representing In Director 29-Jun-2019 Current
Sethuramalingam Sankar Country flag representing In Director 28-Jun-2022 Current

Financial Performance of Modern Matches.

Modern Matches Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.02% increase. The company also saw a substantial improvement in profitability, with a 29.89% increase in profit. The company's net worth moved up by a moderate rise of 5.02%.

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
13.02%
Revenue from Operations
12.88%
Total Assets
-5.94%
Profit or Loss
29.89%
Net Worth
5.02%
EBITDA
8.94%

What is the Ownership and Shareholding Structure of Modern Matches?

In 2023, Modern Matches 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

₹80.00 M

Satisfied Charges

₹1.55 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 8.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Mar 2007 State Bank Of India ₹8.00 Cr Open
27 Apr 1987 Indian Overseas Bank ₹0.70 M Satisfied
29 Aug 1983 Indian Overseas Bank ₹0.03 M Satisfied
29 Aug 1983 Indian Overseas Bank ₹8,910.00 Satisfied
05 Oct 1981 Indian Overseas Bank ₹0.09 M Satisfied

How Many Employees Work at Modern Matches?

Modern Matches has a workforce of 404 employees as of Apr 07, 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 Matches, 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 Matches'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 Matches

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 80.00 M registered on 01 Mar 2007 with Charge ID 10048227 was modified on 27 Oct 2023.

    27 Oct 2023

  • Annual General Meeting

    Modern Matches Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Modern Matches Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Sethuramalingam Karthi Sankar was appointed as a Director was appointed as a Director on 28 Jun 2022 & has been associated with this company since 2 years 7 months .

    28 Jun 2022

  • Director Appointment

    Pradeep Sankar Maheswaran was appointed as a Director was appointed as a Director on 29 Jun 2019 & has been associated with this company since 5 years 7 months .

    29 Jun 2019

  • Director Appointment

    Aruna Ashok was appointed as a Director was appointed as a Director on 24 Mar 2015 & has been associated with this company since 9 years 10 months .

    24 Mar 2015

Frequently asked questions

  • Modern Matches Private Limited was incorporated on 07 Apr 1980.

  • The authorized share capital of Modern Matches Private Limited is ₹ 9.00 M and paid-up capital is ₹ 9.00 M.

  • Currently 5 directors are associated with Modern Matches Private Limited.

    • Annamalai Pramodsankar
    • Sankaralingam Maheswaran
    • Aruna Ashok
    • Pradeep Sankar Maheswaran
    • Sethuramalingam Karthi Sankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Matches Private Limited is 4 Bye-Pass Road, Virudhunagar17-A Viruthunagar Road Sivakasi India, Chennai-123, Tamil Nadu, 626123.

  • The corporate identification number (CIN) of Modern Matches Private Limited is U24290TN1980PTC008210 and the company number is 008210 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modern Matches Private Limited is https://www.asiamatch.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modern Matches Private Limited has risen by 13.02%.

  • As Per 2023 financial reports, 404 employees are currently employed by Modern Matches Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modern Matches Private Limited has experienced an upsurge of 5.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modern Matches Private Limited amount to ₹ 8.00 Cr.

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

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