Modern Terry Towels Profile
Key Indicators
- Authorised Capital ₹ 65.00 Cr
- Paid Up Capital ₹ 38.10 Cr
- Company Age 48 Year, 8 Months
- Last Filing with ROC 31 Mar 2016
- Satisfied Charges ₹ 110.55 Cr
- Revenue Growth 90.12%
- Profit Growth -132.97%
- Ebitda 131.00%
- Net Worth -27.29%
- Total Assets 25.98%
About Modern Terry Towels
Modern Terry Towels Limited (MTTL) is Amalgamated company established on 13 Aug 1976 with its office registered at Jaipur, Rajasthan, India and has been running since 48 Year, 8 Months with a paid up capital of 38.10 Cr. According to MCA records, 6 Directors and 2 Signatories are linked to this company as of 17 Jan 2025.
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17124RJ1976PLC001869
- Company No.
001869
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Aug 1976
- Date of AGM
22 Sep 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Listed
- ROC Code
Roc Jaipur
Industry
Manufacturing
Modern Terry Towels Limited
Explore comprehensive data for Modern Terry Towels Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Modern Terry Towels?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishna Tela | Company Secretary | 01-Oct-2008 | Current |
Vishnu Mangal  | CFO | 01-Jul-2014 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Baijal | Whole-Time Director | 01-Jul-2013 | Current |
| Meenu Sacheti | Director | 31-Mar-2015 | Current |
| Sureshkumar Sharma | Director | 31-Mar-2008 | Current |
| Prabhakar Rao | Director | 31-Mar-2000 | Current |
| Hiralal Sharma | Director | 24-Mar-2001 | Current |
| Sachin Ranka | Director | 25-Sep-1992 | Current |
Financial Performance of Modern Terry Towels.
Modern Terry Towels Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 90.12% increase. The company also saw a substantial fall in profitability, with a 132.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modern Terry Towels?
In 2016, Modern Terry Towels had a promoter holding of 41.91% and a public holding of 58.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Kuest Business Excellence Services Llp
Hiralal Sharma is a mutual person
- Freeee.In Online Solutions Llp
Hiralal Sharma is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹110.55 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 29.80 Cr
- Punjab & Sind Bank : 28.38 Cr
- Asian Finance & Investment Corporation Ltd. : 26.24 Cr
- Oriental Bank Of Commerce : 10.36 Cr
- Indian Overseas Bank : 10.00 Cr
- Others : 5.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 1998 | Bank Of India | ₹4.75 Cr | Satisfied |
| 26 Aug 1995 | Punjab & Sind Bank | ₹2.50 Cr | Satisfied |
| 12 May 1995 | Indian Overseas Bank | ₹10.00 Cr | Satisfied |
| 04 May 1995 | Punjab & Sind Bank | ₹5.53 Cr | Satisfied |
| 04 May 1995 | Punjab & Sind Bank | ₹4.13 Cr | Satisfied |
How Many Employees Work at Modern Terry Towels?
Modern Terry Towels has a workforce of 84 employees as of Apr 02, 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 Terry Towels, 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 Terry Towels'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 Terry Towels
Recent activity within the organization
- Annual General Meeting
Modern Terry Towels Limited last Annual general meeting of members was held on 22 Sep 2016 as per latest MCA records.
- Balance Sheet
Modern Terry Towels Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Jaipur.
- Director Appointment
Meenu Alok Sacheti was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 10 years 15 days .
- Director Appointment
Vishnu Kant Mangal was appointed as a Cfo was appointed as a Cfo on 01 Jul 2014 & has been associated with this company since 10 years 9 months .
- Director Appointment
Sanjay Baijal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jul 2013 & has been associated with this company since 11 years 9 months .
- Charges
A charge registered on 26 Aug 1995 via Charge ID 80062567 with Punjab & Sind Bank was fully satisfied on 05 Sep 2012.
Frequently asked questions
What is the Incorporation or founding date of Modern Terry Towels Limited?
Modern Terry Towels Limited was incorporated on 13 Aug 1976.
What is authorized share capital and paid-up capital of Modern Terry Towels Limited?
The authorized share capital of Modern Terry Towels Limited is ₹ 65.00 Cr and paid-up capital is ₹ 38.10 Cr.
Who are the current board members & directors of Modern Terry Towels Limited?
Currently 8 directors are associated with Modern Terry Towels Limited.
- Krishna Tela
- Vishnu Kant Mangal
- Sanjay Baijal
- Meenu Alok Sacheti
- Sureshkumar Mohanlal Sharma
- Prabhakar Krishna Rao
- Hiralal Sharma
- Sachin Ranka
What is the registered address of Modern Terry Towels Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modern Terry Towels Limited is A-4 Vijay Path Tilak Nagar, India, Jaipur, Rajasthan, 302004.
What is the corporate identification number (CIN) and company number of Modern Terry Towels Limited?
The corporate identification number (CIN) of Modern Terry Towels Limited is L17124RJ1976PLC001869 and the company number is 001869 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modern Terry Towels Limited?
The Official website of Modern Terry Towels Limited is https://www.modernterrytowels.com
What has been the recent revenue trend for Modern Terry Towels Limited?
According to the financial reports for the fiscal year 2015, the revenue trend for Modern Terry Towels Limited has risen by 90.12%.
How many employees does Modern Terry Towels Limited currently have?
As Per 2015 financial reports, 84 employees are currently employed by Modern Terry Towels Limited.
What change has been observed in the net worth of Modern Terry Towels Limited, and by what percentage?
The financial reports for the fiscal year 2015 indicates that The net worth of Modern Terry Towels Limited has experienced an downturn of -27.29%.
When was the last Balance Sheet of Modern Terry Towels Limited filed with the ROC?
The most recent Balance Sheet for Modern Terry Towels Limited was filed with the ROC on 31 Mar 2016.
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