Modern Road Makers P Profile
Key Indicators
- Authorised Capital ₹ 31.10 Cr
- Paid Up Capital ₹ 31.10 Cr
- Company Age 30 Year, 11 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 11 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tushar Kawedia  | CFO | 26-Mar-2021 | Current |
| Sudhir Hoshing | Managing Director | 29-Dec-2021 | Current |
| Mehulkumar Patel | Company Secretary | 16-Aug-2016 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arati Taskar | Director | 25-Feb-2020 | Current |
| Sandeep Shah | Director | 25-Feb-2020 | Current |
| Rajpaul Sharma | Director | 31-Mar-2016 | Current |
| Dhananjay Joshi | Director | 28-Jun-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Phd Chamber Of Commerce And IndustrySudhir Hoshing is a mutual person
- Irb Ps Highway Private Limited
Sudhir Hoshing is a mutual person
- Irb Sindhudurg Airport Private Limited
Sudhir Hoshing and Dhananjay Joshi are mutual person
- Irb Goa Tollway Private Limited
Sudhir Hoshing, Tushar Kawedia and 3 more are mutual person
- Ge1 Expressway Private Limited
Sudhir Hoshing is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2024 | Hdfc Bank Limited | ₹17.11 Cr | Open |
| 15 Mar 2024 | Axis Bank Limited | ₹1.65 Cr | Open |
| 08 Feb 2024 | Axis Bank Limited | ₹1.51 Cr | Open |
| 16 Dec 2023 | Axis Bank Limited | ₹1.36 M | Open |
| 05 Oct 2023 | Axis Bank Limited | ₹2.34 M | Open |
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.
Deals i
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
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 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.
- Charges
A charge registered on 31 Mar 2021 via Charge ID 100435435 with Others was fully satisfied on 08 Apr 2024.
- Charges
A charge registered on 15 Mar 2021 via Charge ID 100430446 with Others was fully satisfied on 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.
- Charges
A charge registered on 27 Feb 2021 via Charge ID 100425288 with Others was fully satisfied on 07 Mar 2024.
- Charges
A charge registered on 16 Dec 2020 via Charge ID 100403196 with Others was fully satisfied on 07 Mar 2024.
Recent News, Updates & Announcement
- IRB Infra well-placed to ride NHAI’s monetization plan | Mint.
Investors are excited about the December toll collections where the road and highway developer saw nearly 26% year-on-year growth to ₹488 crore..
- Adani, Cube, IRB Infra, Canada’s CPPIB in race for 9 NHAI roads | Mint.
NHAI has put up the road stretches in UP, Jharkhand, Bihar and TN for toll-operate-transfer auctions.NHAI sets the initial estimated concession value (IECV) for the third TOT at ₹4,995.48 cr.
- IRB Infrastructure Q4 net profit dips 13% to ₹208 crore | Mint.
Total income for January-March quarter rises to ₹1,998.91 crore from ₹1,432.10 crore in the year-ago period.For FY19, IRB posts a consolidated net profit of ₹849.96 crore as against ₹919.65 crore in the previous fiscal.
Frequently asked questions
What is the Incorporation or founding date of Modern Road Makers P Ltd?
Modern Road Makers P Ltd was incorporated on 15 Mar 1994.
What is authorized share capital and paid-up capital of Modern Road Makers P Ltd?
The authorized share capital of Modern Road Makers P Ltd is ₹ 31.10 Cr and paid-up capital is ₹ 31.10 Cr.
Who are the current board members & directors of Modern Road Makers P Ltd?
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
What is the registered address of Modern Road Makers P Ltd?
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.
What is the corporate identification number (CIN) and company number of Modern Road Makers P Ltd?
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).
What is the official website of Modern Road Makers P Ltd?
The Official website of Modern Road Makers P Ltd is https://www.irb.co.in
What has been the recent revenue trend for Modern Road Makers P Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Modern Road Makers P Ltd has risen by 17.51%.
How many employees does Modern Road Makers P Ltd currently have?
As Per 2023 financial reports, 6068 employees are currently employed by Modern Road Makers P Ltd.
What change has been observed in the net worth of Modern Road Makers P Ltd, and by what percentage?
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%.
What are the total open charges for Modern Road Makers P Ltd?
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.
When was the last Balance Sheet of Modern Road Makers P Ltd filed with the ROC?
The most recent Balance Sheet for Modern Road Makers P Ltd was filed with the ROC on 31 Mar 2023.
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