Modern Shares And Stockbrokers Limited logo

Modern Shares And Stockbrokers Limited

Portfolio management and retail broking for Indian and NRI investors.
1939 | Mumbai, Maharashtra (India) | Active

Last Updated:

October 04, 2024
HomeCompanyModern Shares And Stockbrokers Limited

Who are the key members and board of directors at Modern Shares And Stockbrokers?

Executive Team (2)

NameDesignationAppointment DateStatus
Vibha Mehta InCompany Secretary19-Nov-2018Current
Mr Rnshenvi InCFO18-Feb-2015Current

Board Members(7)

NameDesignationAppointment DateStatus
Narendra Advani Us Director 30-May-2011Current
Pankaj Ved In Director 01-Apr-2019Current
Ghansham Shewakramani In Director 25-Jan-1995Current
Roshan Patheria Ie Director 31-Jan-2007Current
Ramesh Narang Director 09-Aug-2024Current
Ashok Kukreja In Director 18-Feb-2015Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-9.01%
Revenue from Operations
-8.84%
Total Assets
14.21%
Profit or Loss
-35.04%
Net Worth
1.33%
EBITDA
-26.45%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹1.74 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 25 May 2021
₹1.50 CrOpen

New India Co-Op Bank Ltd

Creation Date: 17 Feb 1997
₹0.50 MOpen

The Saraewat Co-Op Bank Ltd

Creation Date: 01 Jul 1989
₹0.43 MOpen

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.

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Rating

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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.

    27 Sep 2024

  • 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 4 months 13 days .

    09 Aug 2024

  • Balance Sheet

    Modern Shares And Stockbrokers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100447064 was registered on 25 May 2021.

    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 8 months .

    01 Apr 2019

  • 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 9 years 10 months .

    18 Feb 2015

Frequently asked questions

  • Modern Shares And Stockbrokers Limited was incorporated on 01 Jul 1939.

  • The authorized share capital of Modern Shares And Stockbrokers Limited is ₹ 6.00 Cr and paid-up capital is ₹ 2.93 Cr.

  • 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
  • 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.

  • 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).

  • Yes, Modern Shares And Stockbrokers Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Modern Shares And Stockbrokers Limited is https://www.modernshares.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modern Shares And Stockbrokers Limited has fallen by -9.01%.

  • As Per 2023 financial reports, 18 employees are currently employed by Modern Shares And Stockbrokers Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modern Shares And Stockbrokers Limited amount to ₹ 1.74 Cr.

  • The most recent Balance Sheet for Modern Shares And Stockbrokers Limited was filed with the ROC on 31 Mar 2024.

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