Modern Metaalics Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 16-11-2024
- Paid Up Capital ₹ 1.01 M
as on 16-11-2024
- Company Age 13 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 24.43 Cr
as on 16-11-2024
- Satisfied Charges ₹ 7.40 Cr
as on 16-11-2024
- Revenue 17.05%
(FY 2023)
- Profit 24.68%
(FY 2023)
- Ebitda 45.53%
(FY 2023)
- Net Worth 12.28%
(FY 2023)
- Total Assets 54.42%
(FY 2023)
About Modern Metaalics
The Company is engaged in the Manufacturing 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 2.50 M and a paid-up capital of Rs 1.01 M.
The company currently has active open charges totaling ₹24.43 Cr. The company has closed loans amounting to ₹7.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pariean Kotecha, Karan Kotecha, and Nitin Kotecha serve as directors at the Company.
- CIN/LLPIN
U17291GJ2011PTC065984
- Company No.
065984
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jun 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Modern Metaalics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pariean Kotecha  | Managing Director | 20-Jun-2011 | Current |
| Nitin Kotecha | Managing Director | 06-Sep-2018 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Karan Kotecha | Whole-Time Director | 20-Jun-2011 | Current |
Financial Performance of Modern Metaalics.
Modern Metaalics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.05% increase. The company also saw a substantial improvement in profitability, with a 24.68% increase in profit. The company's net worth Soared by an impressive increase of 12.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Metaalics?
In 2023, Modern Metaalics had a promoter holding of 99.78% and a public holding of 0.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Oct 2024 | ₹7.80 M | Open |
Others Creation Date: 22 Apr 2024 | ₹1.56 Cr | Open |
Standard Chartered Bank Creation Date: 27 Jun 2022 | ₹1.37 Cr | Open |
How Many Employees Work at Modern Metaalics?
Modern Metaalics has a workforce of 14 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Modern Metaalics, 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 Metaalics'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.
