Modern Shares And Stockbrokers Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 2.93 Cr
- Company Age 85 Year, 7 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 seven 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L45200MH1939PLC002958
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Company No.
002958
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Stock Symbol
BSE : 509760
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
01 Jul 1939
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
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 |
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Mr Rnshenvi
|
CFO | 18-Feb-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narendra Advani
|
Director | 30-May-2011 | Current |
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Pankaj Ved
|
Director | 01-Apr-2019 | Current |
|
Ghansham Shewakramani
|
Director | 25-Jan-1995 | Current |
Roshan Patheria
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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%.
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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)
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Ved Brothers Securities Private LimitedPankaj Ved is a mutual person
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.webp)
Hotel And Restaurant Association (Western India)Ghansham Shewakramani is a mutual person
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Bombay Cycle And Motor Agency LimitedAshok Kukreja is a mutual person
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Gibbs Realty Private LimitedPankaj Ved is a mutual person
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Automans Finance Pvt Ltd
Pankaj Ved is a mutual person
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Viprakaj Securities Private Limited
Pankaj Ved is a mutual person
Charges (Loans)
₹1.74 Cr
₹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.
