Modern Roadways Private Limited

Provides road freight transport, clearing and forwarding services for goods, passengers, and merchandise.

2008 | Sundergarh, Odisha (India) | Active
Last Updated:

Modern Roadways Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 1.38 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.62 Cr
  • Revenue Growth 34.63%
  • Profit Growth 857.75%
  • Ebitda 23.18%
  • Net Worth 10.00%
  • Total Assets 13.99%

About Modern Roadways

Modern Roadways Private Limited (MRPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 April 2008 and has a history of 16 years and ten months. Its registered office is in Sundergarh, Odisha, India.

The Company is engaged in the Transport And Logistics 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 2.40 M and a paid-up capital of Rs 1.38 M.

The company currently has active open charges totaling ₹1.62 Cr.

Roopa Shah and Ankit Shah serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60200OR2008PTC009945

  • Company No.

    009945

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Transport and Logistics

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

Board Members (2)

NameDesignationAppointment DateStatus
Roopa Shah Country flag representing In Director 16-Apr-2008Current
Ankit Shah Country flag representing In Director 04-Nov-2022Current

Financial Performance of Modern Roadways.

Modern Roadways Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.63% increase. The company also saw a substantial improvement in profitability, with a 857.75% increase in profit. The company's net worth by .

Modern Roadways revenue growth over time
Modern Roadways 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
34.63%
Revenue from Operations
34.28%
Total Assets
13.99%
Profit or Loss
857.75%
Net Worth
10.00%
EBITDA
23.18%

What is the Ownership and Shareholding Structure of Modern Roadways?

In 2019, Modern Roadways had a promoter holding of 36.36% and a public holding of 63.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.17 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr
  • State Bank Of India : 0.30 Cr
  • Hdfc Bank Limited : 0.18 Cr
  • Bank Of Baroda : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2024State Bank Of India₹3.00 MOpen
21 Nov 2023Others₹3.00 MOpen
15 Oct 2022Others₹3.50 MOpen
24 Mar 2022Others₹3.50 MOpen
28 Sep 2011Hdfc Bank Limited₹1.75 MOpen

How Many Employees Work at Modern Roadways?

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

Employee growth trends for Modern Roadways Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Modern Roadways Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Modern Roadways Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

  • Charges

    A charge with State Bank Of India amounted to Rs. 3.00 M with Charge ID 100887588 was registered on 21 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100829161 was registered on 21 Nov 2023.

  • Director Appointment

    Ankit Aswin Shah was appointed as a Director was appointed as a Director on 04 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Charges

    A charge with Others amounted to Rs. 3.50 M with Charge ID 100618004 was registered on 15 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Modern Roadways Private Limited?

    Modern Roadways Private Limited was incorporated on 16 Apr 2008.

  • What is authorized share capital and paid-up capital of Modern Roadways Private Limited?

    The authorized share capital of Modern Roadways Private Limited is ₹ 2.40 M and paid-up capital is ₹ 1.38 M.

  • Who are the current board members & directors of Modern Roadways Private Limited?

    Currently 2 directors are associated with Modern Roadways Private Limited.

    • Roopa Aswin Shah
    • Ankit Aswin Shah

  • What is the registered address of Modern Roadways Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modern Roadways Private Limited is Aa-3 Civil Township P.O.Rourkela, Raghunathpalli India, Sundargarh, Orissa, 769004.

  • What is the corporate identification number (CIN) and company number of Modern Roadways Private Limited?

    The corporate identification number (CIN) of Modern Roadways Private Limited is U60200OR2008PTC009945 and the company number is 009945 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Modern Roadways Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Modern Roadways Private Limited has risen by 34.63%.

  • What change has been observed in the net worth of Modern Roadways Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Modern Roadways Private Limited has experienced an upsurge of 10.00%.

  • What are the total open charges for Modern Roadways Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Modern Roadways Private Limited amount to ₹ 1.62 Cr.

  • When was the last Balance Sheet of Modern Roadways Private Limited filed with the ROC?

    The most recent Balance Sheet for Modern Roadways Private Limited was filed with the ROC on 31 Mar 2024.

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