Modern Shares And Stockbrokers Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 2.93 Cr
- Company Age 85 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.74 Cr
- Revenue Growth -9.01%
- Profit Growth -35.04%
- Ebitda -26.45%
- Net Worth 1.33%
- Total Assets 14.21%
About Modern Shares And Stockbrokers
Modern Shares And Stockbrokers Limited (MSASL) was founded in India on 01 July 1939 and has a glorious history of 85 years and eight months.Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509760.
The Company is engaged in the Financial Services 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 6.00 Cr and a paid-up capital of Rs 2.93 Cr.
The company currently has active open charges totaling ₹1.74 Cr.
The Key Managerial Personnel (KMP) at Modern Shares And Stockbrokers Limited India are Vibha Mehta as COMPANY SECRETARY and Mr Rnshenvi as Cfo. Pankaj Ved, Ghansham Shewakramani, Roshan Patheria, and Four 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
L45200MH1939PLC002958
- Company No.
002958
- Stock Symbol
BSE : 509760
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Jul 1939
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Modern Shares And Stockbrokers Limited offer?
Modern Shares And Stockbrokers Limited offers a wide range of products and services, including Stock Trading/Money Market, Commodities Trading Service.
Who are the key members and board of directors at Modern Shares And Stockbrokers?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vibha Mehta  | Company Secretary | 19-Nov-2018 | Current |
| Mr Rnshenvi | CFO | 18-Feb-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narendra Advani  | Director | 30-May-2011 | Current |
| Pankaj Ved | Director | 01-Apr-2019 | Current |
| Ghansham Shewakramani | Director | 25-Jan-1995 | Current |
Roshan Patheria  | Director | 31-Jan-2007 | Current |
| Ramesh Narang | Director | 09-Aug-2024 | Current |
| Ashok Kukreja | Director | 18-Feb-2015 | Current |
Financial Performance of Modern Shares And Stockbrokers.
Modern Shares And Stockbrokers Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.01% decrease. The company also saw a substantial fall in profitability, with a 35.04% decrease in profit. The company's net worth moved up by a moderate rise of 1.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Modern Shares And Stockbrokers?
In 2023, Modern Shares And Stockbrokers had a promoter holding of 72.83% and a public holding of 27.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ved Brothers Securities Private LimitedPankaj Ved is a mutual person
.webp)
Hotel And Restaurant Association (Western India)Ghansham Shewakramani is a mutual person
Bombay Cycle And Motor Agency LimitedAshok Kukreja is a mutual person
Gibbs Realty Private LimitedPankaj Ved is a mutual person
- Automans Finance Pvt Ltd
Pankaj Ved is a mutual person
- Viprakaj Securities Private Limited
Pankaj Ved is a mutual person
Charges (Loans)
Open Charges
₹1.74 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.50 Cr
- The Sarawat Co-Op Bank Ltd : 0.15 Cr
- New India Co-Op Bank Ltd : 0.05 Cr
- The Saraewat Co-Op Bank Ltd : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2021 | Axis Bank Limited | ₹1.50 Cr | Open |
| 17 Feb 1997 | New India Co-Op Bank Ltd | ₹0.50 M | Open |
| 01 Jul 1989 | The Saraewat Co-Op Bank Ltd | ₹0.43 M | Open |
| 22 Jun 1985 | The Sarawat Co-Op Bank Ltd | ₹1.50 M | Open |
How Many Employees Work at Modern Shares And Stockbrokers?
Modern Shares And Stockbrokers has a workforce of 18 employees as of Apr 06, 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 Shares And Stockbrokers, 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 Shares And Stockbrokers'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 Shares And Stockbrokers
Recent activity within the organization
- Annual General Meeting
Modern Shares And Stockbrokers Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Ramesh Ramchand Narang was appointed as a Director was appointed as a Director on 09 Aug 2024 & has been associated with this company since 6 months 26 days .
- Balance Sheet
Modern Shares And Stockbrokers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100447064 was registered on 25 May 2021.
- Director Appointment
Pankaj Rajnikant Ved was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 11 months .
- Director Appointment
Ashok Tikamdas Kukreja was appointed as a Director was appointed as a Director on 18 Feb 2015 & has been associated with this company since 10 years 15 days .
Frequently asked questions
What is the Incorporation or founding date of Modern Shares And Stockbrokers Limited?
Modern Shares And Stockbrokers Limited was incorporated on 01 Jul 1939.
What is authorized share capital and paid-up capital of Modern Shares And Stockbrokers Limited?
The authorized share capital of Modern Shares And Stockbrokers Limited is ₹ 6.00 Cr and paid-up capital is ₹ 2.93 Cr.
Who are the current board members & directors of Modern Shares And Stockbrokers Limited?
Currently 9 directors are associated with Modern Shares And Stockbrokers Limited.
- Pankaj Rajnikant Ved
- Ghansham Shewakramani
- Roshan Advani Patheria
- Narendra Hira Advani
- Ramesh Ramchand Narang
- Vibha Dinesh Mehta
- Mr RNShenvi
- Ashok Tikamdas Kukreja
- Anil Sugno Manghnani
What is the registered address of Modern Shares And Stockbrokers Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Shares And Stockbrokers Limited is Wankhede Stadium North Standl And M Wings D Road, Churchgate, Mumbai, Maharashtra, India, 400020.
What is the corporate identification number (CIN) and company number of Modern Shares And Stockbrokers Limited?
The corporate identification number (CIN) of Modern Shares And Stockbrokers Limited is L45200MH1939PLC002958 and the company number is 002958 as per Ministry of Corporate Affairs (MCA).
Is Modern Shares And Stockbrokers Limited registered with any stock exchange in India?
Yes, Modern Shares And Stockbrokers Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Modern Shares And Stockbrokers Limited?
The Official website of Modern Shares And Stockbrokers Limited is https://www.modernshares.com
What has been the recent revenue trend for Modern Shares And Stockbrokers Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modern Shares And Stockbrokers Limited has fallen by -9.01%.
How many employees does Modern Shares And Stockbrokers Limited currently have?
As Per 2023 financial reports, 18 employees are currently employed by Modern Shares And Stockbrokers Limited.
What change has been observed in the net worth of Modern Shares And Stockbrokers Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modern Shares And Stockbrokers Limited has experienced an upsurge of 1.33%.
What are the total open charges for Modern Shares And Stockbrokers Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Modern Shares And Stockbrokers Limited amount to ₹ 1.74 Cr.
When was the last Balance Sheet of Modern Shares And Stockbrokers Limited filed with the ROC?
The most recent Balance Sheet for Modern Shares And Stockbrokers Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
HA
Hira AdvaniDirectorUM
Uday MallikDirectorYP
Yeshwant PatkiDirectorMS
Monish ShewakramaniDirectorRS
Radhakrishna ShenviDirector
Similar Companies Based on Portfolio Management Services
Aditya Birla Sun Life Amc Limited Mumbai, Maharashtra, India
Dezerv Investments Private Limited Mumbai, Maharashtra, India
Sbi Funds Management Limited Mumbai, Maharashtra, India
Taurus Corporate Advisory Services Limited Mumbai, Maharashtra, India
Trust Investment Advisors Private Limited Mumbai, Maharashtra, India
Nuvama Wealth And Investment Limited Mumbai, Maharashtra, India
Plutus Wealth Management Llp Ahmedabad, Gujarat, India
Sharekhan Limited Mumbai, Maharashtra, India