Modern Threads (India) Limited logo

Modern Threads (India) Limited

Manufactures and sells yarn and wool products, exports globally.
1980 | Bhilwara, Rajasthan (India) | Active

Last Updated:

July 12, 2024
HomeCompanyModern Threads (India) Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Banwari Saini InCompany Secretary28-May-2020Current
Rajesh Ranka InManaging Director01-Feb-2011Current
Prabodh Nahar InCFO01-Jul-2014Current

Board Members(5)

NameDesignationAppointment DateStatus
Ram Kabra In Whole-Time Director 19-Nov-2021Current
Veena Jain In Director 18-Jun-2015Current
Ankita Jain In Director 01-Jul-2022Current
Chhitar Jain In Director 01-Jul-2022Current
Jagdishnarayan Sharma In Director 01-Jul-2016Current

Financial Performance and Corporate Structure Insights of Modern Threads (India).

Modern Threads (India) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 33.38% decrease. The company also saw a substantial fall in profitability, with a 93.22% decrease in profit. The company's net worth moved up by a moderate rise of 1.69%.

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
-33.38%
Revenue from Operations
-26.65%
Total Assets
-3.14%
Profit or Loss
-93.22%
Net Worth
1.69%
EBITDA
17.62%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹899.19 Cr

LenderAmountStatus

Industrial Investment Bank Of India Limited

Creation Date: 09 Feb 2000
₹6.71 MSatisfied

Industrial Investment Bank Of India Limited

Creation Date: 09 Feb 2000
₹1.65 CrSatisfied

Sumurai Commercials Private Limited

Creation Date: 09 Dec 1999
₹51.01 CrSatisfied

How Many Employees Work at Modern Threads (India)?

Modern Threads (India) has a workforce of 267 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.

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Latest Updates, News, and FAQs on Modern Threads (India)

Recent activity within the organization

  • Annual General Meeting

    Modern Threads (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 24 Sep 1996 via Charge ID 80062520 with Others was fully satisfied on 29 Jun 2023.

    29 Jun 2023

  • Charges

    A charge registered on 19 Dec 1995 via Charge ID 80062519 with Others was fully satisfied on 29 Jun 2023.

    29 Jun 2023

  • Charges

    A charge registered on 24 Jan 1995 via Charge ID 80062518 with Others was fully satisfied on 29 Jun 2023.

    29 Jun 2023

  • Charges

    A charge registered on 10 Jan 1992 via Charge ID 80062517 with Others was fully satisfied on 29 Jun 2023.

    29 Jun 2023

  • Charges

    A charge registered on 27 Nov 1991 via Charge ID 80062516 with Others was fully satisfied on 29 Jun 2023.

    29 Jun 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Modern Threads (India) Limited was incorporated on 28 Aug 1980.

  • The authorized share capital of Modern Threads (India) Limited is ₹ 205.00 Cr and paid-up capital is ₹ 37.03 Cr.

  • Currently 8 directors are associated with Modern Threads (India) Limited.

    • Veena Jain
    • Banwari Lal Saini
    • Ankita Jain
    • Chhitar Mal Jain
    • Jagdishnarayan Sharma
    • Rajesh Ranka
    • Ram Awatar Kabra
    • Prabodh Kumar Nahar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Threads (India) Limited is Unit : Modern Woollens, Hamirgarh Road Near Transport Nagar Pragati Path, Bhilwara, Rajasthan, India, 311001.

  • The corporate identification number (CIN) of Modern Threads (India) Limited is L17115RJ1980PLC002075 and the company number is 002075 as per Ministry of Corporate Affairs (MCA).

  • Yes, Modern Threads (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Modern Threads (India) Limited is https://www.modernwoollens.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Modern Threads (India) Limited has fallen by -33.38%.

  • As Per 2021 financial reports, 267 employees are currently employed by Modern Threads (India) Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Modern Threads (India) Limited has experienced an upsurge of 1.69%.

  • The most recent Balance Sheet for Modern Threads (India) Limited was filed with the ROC on 31 Mar 2023.

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