Modern Solar Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 16 Year, 19 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 40.20 Cr
- Revenue Growth -91.26%
- Profit Growth 23.16%
- Ebitda 38.91%
- Net Worth -8.31%
- Total Assets -22.77%
About Modern Solar
Modern Solar Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 March 2009 and has a history of 16 years. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Consumer Electronics & Durables 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 6.00 M and a paid-up capital of Rs 5.00 M.
The company has closed loans amounting to ₹40.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ripple Doshi, Konal Doshi, Jigar Avalani, and Two other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29296WB2009PTC134237
- Company No.
134237
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Consumer Electronics & Durables
Energy and Power
What products or services does Modern Solar Private Limited offer?
Modern Solar Private Limited offers a wide range of products and services, including Solar Pumps, Solar Water Pump, Solar & Renewable Energy Products, Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Solar Panels, Solar Module, Solar EPC Service, Street Lights, Solar Street Lights.
Modern Solar Private Limited
Explore comprehensive data for Modern Solar Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Modern Solar?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Divyen Doshi  | Director | 01-Apr-2019 | Current |
| Ripple Doshi | Director | 25-Mar-2009 | Current |
| Konal Doshi | Director | 25-Mar-2009 | Current |
| Jigar Avalani | Director | 25-Mar-2009 | Current |
| Rupen Avalani | Director | 25-Mar-2009 | Current |
Financial Performance of Modern Solar.
Modern Solar Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.26% decrease. The company also saw a substantial improvement in profitability, with a 23.16% increase in profit. The company's net worth dipped by a decrease of 8.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Solar?
In 2023, Modern Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
All India Solar Industries AssociationJigar Avalani is a mutual person
Avco Power Private LimitedJigar Avalani and Rupen Avalani are mutual person
- Avco Energy Private Limited
Jigar Avalani and Rupen Avalani are mutual person
Doshi Infracon LlpRipple Doshi is a mutual person
- Modern Gold Arts Pvt Ltd
Ripple Doshi and Konal Doshi are mutual person
- Chokshi Estate Private Limited
Ripple Doshi and Konal Doshi are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹402.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 22.00 Cr
- State Bank Of India : 14.20 Cr
- Yes Bank Limited : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jan 2018 | Axis Bank Limited | ₹22.00 Cr | Satisfied |
| 29 Sep 2014 | Yes Bank Limited | ₹4.00 Cr | Satisfied |
| 13 Jul 2010 | State Bank Of India | ₹14.20 Cr | Satisfied |
How Many Employees Work at Modern Solar?
Modern Solar has a workforce of 34 employees as of Apr 07, 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 Solar, 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 Solar'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 Solar
Recent activity within the organization
- Annual General Meeting
Modern Solar Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Modern Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge registered on 04 Jan 2018 via Charge ID 100195476 with Axis Bank Limited was fully satisfied on 07 May 2022.
- Charges
A charge with Axis Bank Limited of Rs. 220.00 M registered on 04 Jan 2018 with Charge ID 100195476 was modified on 10 Jan 2020.
- Director Appointment
Divyen Ketan Doshi was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 6 years 13 days .
- Charges
A charge with Axis Bank Limited amounted to Rs. 220.00 M with Charge ID 100195476 was registered on 04 Jan 2018.
Frequently asked questions
What is the Incorporation or founding date of Modern Solar Private Limited?
Modern Solar Private Limited was incorporated on 25 Mar 2009.
What is authorized share capital and paid-up capital of Modern Solar Private Limited?
The authorized share capital of Modern Solar Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Modern Solar Private Limited?
Currently 5 directors are associated with Modern Solar Private Limited.
- Ripple Piyush Doshi
- Konal K Doshi
- Jigar Ramniklal Avalani
- Rupen Ramniklal Avalani
- Divyen Ketan Doshi
What is the registered address of Modern Solar Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Solar Private Limited is 2/5 Sarat Bose Road Sukhsagar, 2Nd Floor India, Kolkata, West Bengal, 700020.
What is the corporate identification number (CIN) and company number of Modern Solar Private Limited?
The corporate identification number (CIN) of Modern Solar Private Limited is U29296WB2009PTC134237 and the company number is 134237 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modern Solar Private Limited?
The Official website of Modern Solar Private Limited is https://www.modernsolar.in
What has been the recent revenue trend for Modern Solar Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modern Solar Private Limited has fallen by -91.26%.
How many employees does Modern Solar Private Limited currently have?
As Per 2023 financial reports, 34 employees are currently employed by Modern Solar Private Limited.
What change has been observed in the net worth of Modern Solar Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modern Solar Private Limited has experienced an downturn of -8.31%.
When was the last Balance Sheet of Modern Solar Private Limited filed with the ROC?
The most recent Balance Sheet for Modern Solar Private Limited was filed with the ROC on 31 Mar 2023.
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