Modern Retailing Concepts Private Limited

Retail company selling clothing and accessories, founded in 2006 and located in Pune, Maharashtra.

2006 | Pune, Maharashtra (India) | Active
Last Updated: January 16, 2025

Modern Retailing Concepts Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.66 Cr
  • Revenue Growth -99.95%
  • Profit Growth -428.55%
  • Ebitda 99.52%
  • Net Worth -15.76%
  • Total Assets 8.09%

About Modern Retailing Concepts

Modern Retailing Concepts Private Limited (MRCPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 May 2006 and has a history of 18 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Fashion And Textile 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 0.20 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.66 Cr.

Chetan Parakh and Neeta Parakh serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52322PN2006PTC128514

  • Company No.

    128514

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 May 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Fashion and Textile

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

Board Members (2)

Name Designation Appointment Date Status
Neeta Parakh Country flag representing In Director 26-May-2006 Current
Chetan Parakh Country flag representing In Director 26-May-2006 Current

Financial Performance of Modern Retailing Concepts.

Modern Retailing Concepts Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.95% decrease. The company also saw a substantial fall in profitability, with a 428.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.76%.

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
-99.95%
Revenue from Operations
Total Assets
8.09%
Profit or Loss
-428.55%
Net Worth
-15.76%
EBITDA
99.52%

What is the Ownership and Shareholding Structure of Modern Retailing Concepts?

Unlock access to Modern Retailing Concepts's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.61 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Janata Sahakari Bank Limited Pune : 1.00 Cr
  • Janata Sahakari Bank Limited Pune : 0.60 Cr
  • Janata Sahakari Bank Limited : 0.40 Cr
  • Janata Sahakari Bank Ltd : 0.36 Cr
  • Janata Sahakari Bank Limited. Pune : 0.30 Cr
  • Others : 0.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Jul 2022 Others ₹9,500.00 Open
22 Mar 2011 Janata Sahakari Bank Limited Pune ₹6.00 M Open
10 Mar 2010 Janata Sahakari Bank Limited ₹4.00 M Open
18 Mar 2009 Janata Sahakari Bank Limited. Pune ₹3.00 M Open
30 Mar 2007 The Janata Sahakari Bank Limited Pune ₹1.00 Cr Open

How Many Employees Work at Modern Retailing Concepts?

Unlock and access historical data on people associated with Modern Retailing Concepts, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Retailing Concepts, 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 Retailing Concepts'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 Retailing Concepts

Recent activity within the organization

  • Annual General Meeting

    Modern Retailing Concepts Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Modern Retailing Concepts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.01 M with Charge ID 100602440 was registered on 22 Jul 2022.

    22 Jul 2022

  • Charges

    A charge with The Janata Sahakari Bank Limited Pune of Rs. 10.00 M registered on 30 Mar 2007 with Charge ID 10044853 was modified on 20 May 2014.

    20 May 2014

  • Charges

    A charge with Janata Sahakari Bank Limited Pune of Rs. 6.00 M registered on 22 Mar 2011 with Charge ID 10285321 was modified on 31 Mar 2011.

    31 Mar 2011

  • Charges

    A charge with Janata Sahakari Bank Limited Pune amounted to Rs. 6.00 M with Charge ID 10285321 was registered on 22 Mar 2011.

    22 Mar 2011

Frequently asked questions

  • Modern Retailing Concepts Private Limited was incorporated on 26 May 2006.

  • The authorized share capital of Modern Retailing Concepts Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Modern Retailing Concepts Private Limited.

    • Chetan Kantilal Parakh
    • Neeta Chetan Parakh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Retailing Concepts Private Limited is Shop No. 1 Times Square S. 699, -Satara Road India, Pune, Maharashtra, 411037.

  • The corporate identification number (CIN) of Modern Retailing Concepts Private Limited is U52322PN2006PTC128514 and the company number is 128514 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modern Retailing Concepts Private Limited has fallen by -99.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modern Retailing Concepts Private Limited has experienced an downturn of -15.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modern Retailing Concepts Private Limited amount to ₹ 2.66 Cr.

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