Modern Syntex (India) Limited

Manufactures and sells various types of yarn since 1976.

1976 | Jaipur, Rajasthan (India) | Active
Last Updated:

Modern Syntex (India) Profile

Key Indicators

  • Authorised Capital ₹ 160.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 48 Year, 6 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 86.07 Cr
  • Satisfied Charges ₹ 740.86 Cr
  • Revenue Growth -93.89%
  • Profit Growth 33.16%
  • Ebitda 70.16%
  • Net Worth -2.88%
  • Total Assets -2.34%

About Modern Syntex (India)

Modern Syntex (India) Limited (MSIL) is a Public Limited Indian Non-Government Company incorporated in India on 12 November 1976 and has a history of 48 years and six months. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 160.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹86.07 Cr. The company has closed loans amounting to ₹740.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modern Syntex (India) Limited India is Rajendra Agarwal as CFO. Sanjaykumar Patel, Satishbhai Patel, and Asmitaben Sanjaykumar serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24302RJ1976PLC001780

  • Company No.

    001780

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 1976

  • Date of AGM

    30 Jun 2021

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Listed

  • ROC Code

    Roc Jaipur

Industry

Manufacturing
Company report

Modern Syntex (India) Limited

Explore comprehensive data for Modern Syntex (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Modern Syntex (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajendra Agarwal Country flag representing In CFO01-Oct-2016Current

Board Members (3)

NameDesignationAppointment DateStatus
Sanjaykumar Patel Country flag representing In Director 15-Apr-2024Current
Satishbhai Patel Country flag representing In Director 20-Apr-2024Current
Asmitaben Sanjaykumar Country flag representing In Director 20-Apr-2024Current

Financial Performance of Modern Syntex (India).

Modern Syntex (India) Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 93.89% decrease. The company also saw a substantial improvement in profitability, with a 33.16% increase in profit. The company's net worth dipped by a decrease of 2.88%.

Modern Syntex (India) revenue growth over time
Modern Syntex (India) 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
-93.89%
Revenue from Operations
-99.85%
Total Assets
-2.34%
Profit or Loss
33.16%
Net Worth
-2.88%
EBITDA
70.16%

What is the Ownership and Shareholding Structure of Modern Syntex (India)?

In 2018, Modern Syntex (India) had a promoter holding of 29.82% and a public holding of 70.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹86.07 Cr

Satisfied Charges

₹740.86 Cr

Charges Breakdown by Lending Institutions

  • Icici Limited : 83.62 Cr
  • Industrial Finance Corporation Of India : 1.00 Cr
  • The Industrial Credit & Investment Corporation Of India Limited : 1.00 Cr
  • Rajasthan Financial Corporation : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 1996Icici Limited₹69.00 CrOpen
28 Sep 1994The Industrial Credit & Investment Corporation Of India Limited₹1.00 CrOpen
28 Sep 1994Icici Limited₹5.00 MOpen
28 Sep 1994Icici Limited₹1.00 CrOpen
28 Sep 1994Icici Limited₹3.00 CrOpen

How Many Employees Work at Modern Syntex (India)?

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

Employee growth trends for Modern Syntex (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Syntex (India), 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 Syntex (India)'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 Syntex (India)

Recent activity within the organization

  • Director Appointment

    Satishbhai Vallabhbhai Patel was appointed as a Director was appointed as a Director on 20 Apr 2024 & has been associated with this company since 1 year 23 days .

  • Director Appointment

    Asmitaben Patel Sanjaykumar was appointed as a Director was appointed as a Director on 20 Apr 2024 & has been associated with this company since 1 year 23 days .

  • Director Appointment

    Sanjaykumar Vallabh Bhai Patel was appointed as a Director was appointed as a Director on 15 Apr 2024 & has been associated with this company since 1 year 28 days .

  • Annual General Meeting

    Modern Syntex (India) Limited last Annual general meeting of members was held on 30 Jun 2021 as per latest MCA records.

  • Balance Sheet

    Modern Syntex (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Jaipur.

  • Charges

    A charge registered on 08 Jun 2012 via Charge ID 100065977 with Bank Of India was fully satisfied on 22 Dec 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Modern Syntex (India) Limited?

    Modern Syntex (India) Limited was incorporated on 12 Nov 1976.

  • What is authorized share capital and paid-up capital of Modern Syntex (India) Limited?

    The authorized share capital of Modern Syntex (India) Limited is ₹ 160.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Modern Syntex (India) Limited?

    Currently 4 directors are associated with Modern Syntex (India) Limited.

    • Sanjaykumar Vallabh Bhai Patel
    • Rajendra Prasad Agarwal
    • Satishbhai Vallabhbhai Patel
    • Asmitaben Patel Sanjaykumar
  • What is the registered address of Modern Syntex (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modern Syntex (India) Limited is Cabin No. 2 First Floor E-251, Vardhman Marg Lal Kothi Scheme India, Jaipur, Rajasthan, 302005.

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

    The corporate identification number (CIN) of Modern Syntex (India) Limited is L24302RJ1976PLC001780 and the company number is 001780 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Modern Syntex (India) Limited?

    The Official website of Modern Syntex (India) Limited is https://www.modernpetrofils.in

  • What has been the recent revenue trend for Modern Syntex (India) Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Modern Syntex (India) Limited has fallen by -93.89%.

  • What change has been observed in the net worth of Modern Syntex (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Modern Syntex (India) Limited has experienced an downturn of -2.88%.

  • What are the total open charges for Modern Syntex (India) Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Modern Syntex (India) Limited amount to ₹ 86.07 Cr.

  • When was the last Balance Sheet of Modern Syntex (India) Limited filed with the ROC?

    The most recent Balance Sheet for Modern Syntex (India) Limited was filed with the ROC on 31 Mar 2020.

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