Modern Road Makers P Ltd

EPC company specializing in road and highway construction and maintenance, with a focus on renewable energy.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: July 03, 2024

Modern Road Makers P Profile

Key Indicators

  • Authorised Capital ₹ 31.10 Cr
  • Paid Up Capital ₹ 31.10 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,440.06 Cr
  • Satisfied Charges ₹ 1,666.41 Cr
  • Revenue Growth 17.51%
  • Profit Growth 140.98%
  • Ebitda 79.52%
  • Net Worth 19.43%
  • Total Assets 20.17%

About Modern Road Makers P

Modern Road Makers P Ltd (MRMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 1994 and has a history of 30 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Engineering 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 31.10 Cr and a paid-up capital of Rs 31.10 Cr.

The company currently has active open charges totaling ₹1,440.06 Cr. The company has closed loans amounting to ₹1,666.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modern Road Makers P Ltd India are Tushar Kawedia as Cfo, Mehulkumar Patel as Company Secretary, and Sudhir Hoshing as Ceo. Sudhir Hoshing, Arati Taskar, Sandeep Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45203MH1994PTC077075

  • Company No.

    077075

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1994

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering
Infrastructure and Utilities

What products or services does Modern Road Makers P Ltd offer?

Modern Road Makers P Ltd offers a wide range of products and services, including Road Construction, Turnkey Solutions, Turnkey Projects.

Who are the key members and board of directors at Modern Road Makers P?

Executive Team (3)

NameDesignationAppointment DateStatus
Tushar Kawedia Country flag representing In CFO26-Mar-2021Current
Sudhir Hoshing Country flag representing In Managing Director29-Dec-2021Current
Mehulkumar Patel Company Secretary16-Aug-2016Current

Board Members (4)

NameDesignationAppointment DateStatus
Arati Taskar Country flag representing In Director 25-Feb-2020Current
Sandeep Shah Country flag representing In Director 25-Feb-2020Current
Rajpaul Sharma Country flag representing In Director 31-Mar-2016Current
Dhananjay Joshi Country flag representing In Director 28-Jun-2012Current

Financial Performance of Modern Road Makers P.

Modern Road Makers P Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 17.51% increase. The company also saw a substantial improvement in profitability, with a 140.98% increase in profit. The company's net worth Soared by an impressive increase of 19.43%.

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
17.51%
Revenue from Operations
16.65%
Total Assets
20.17%
Profit or Loss
140.98%
Net Worth
19.43%
EBITDA
79.52%

What is the Ownership and Shareholding Structure of Modern Road Makers P?

In 2022, Modern Road Makers P had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,440.06 Cr

Satisfied Charges

₹1,666.41 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 1176.98 Cr
  • Others : 109.94 Cr
  • Hdfc Bank Limited : 103.49 Cr
  • Axis Bank Limited : 36.26 Cr
  • Srei Equipment Finance Limited : 10.73 Cr
  • Others : 2.65 Cr

Latest Charge Details

DateLenderAmountStatus
10 Apr 2024Hdfc Bank Limited₹17.11 CrOpen
15 Mar 2024Axis Bank Limited₹1.65 CrOpen
08 Feb 2024Axis Bank Limited₹1.51 CrOpen
16 Dec 2023Axis Bank Limited₹1.36 MOpen
05 Oct 2023Axis Bank Limited₹2.34 MOpen

How Many Employees Work at Modern Road Makers P?

Modern Road Makers P has a workforce of 6068 employees as of Apr 09, 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 Road Makers P, 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 Road Makers P'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 Road Makers P

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 17.11 Cr with Charge ID 100900349 was registered on 10 Apr 2024.

    10 Apr 2024

  • Charges

    A charge registered on 31 Mar 2021 via Charge ID 100435435 with Others was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Charges

    A charge registered on 15 Mar 2021 via Charge ID 100430446 with Others was fully satisfied on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.65 Cr with Charge ID 100887398 was registered on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge registered on 27 Feb 2021 via Charge ID 100425288 with Others was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge registered on 16 Dec 2020 via Charge ID 100403196 with Others was fully satisfied on 07 Mar 2024.

    07 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Modern Road Makers P Ltd was incorporated on 15 Mar 1994.

  • The authorized share capital of Modern Road Makers P Ltd is ₹ 31.10 Cr and paid-up capital is ₹ 31.10 Cr.

  • Currently 8 directors are associated with Modern Road Makers P Ltd.

    • Sudhir Rao Hoshing
    • Tushar Kantilal Kawedia
    • Arati Nikhil Taskar
    • Sandeep Jasvantlal Shah
    • Mehulkumar Natwarlal Patel
    • Sudhir Rao Hoshing
    • Rajpaul Satyapaul Sharma
    • Dhananjay Krishnaji Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Road Makers P Ltd is Off No-11Th Floor/1101 Hiranandani Knowledge Park, Technology Street Hill Side Avenue Powai, Mumbai, Maharashtra, India, 400076.

  • The corporate identification number (CIN) of Modern Road Makers P Ltd is U45203MH1994PTC077075 and the company number is 077075 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modern Road Makers P Ltd is https://www.irb.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modern Road Makers P Ltd has risen by 17.51%.

  • As Per 2023 financial reports, 6068 employees are currently employed by Modern Road Makers P Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modern Road Makers P Ltd has experienced an upsurge of 19.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modern Road Makers P Ltd amount to ₹ 1,440.06 Cr.

  • The most recent Balance Sheet for Modern Road Makers P Ltd was filed with the ROC on 31 Mar 2023.

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