Modernizing Trends Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.80 M
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.86 Cr
- Satisfied Charges ₹ 31.35 Cr
- Revenue Growth 3.86%
- Profit Growth 179.22%
- Ebitda 509.47%
- Net Worth 20.74%
- Total Assets 0.21%
About Modernizing Trends
Modernizing Trends Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 2005 and has a history of 19 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Modern Sales Agency (India) Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.80 M.
The company currently has active open charges totaling ₹23.86 Cr. The company has closed loans amounting to ₹31.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nilesh Mehta, Samir Mehta, Rupesh Mehta, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29120MH2005PTC155324
- Company No.
155324
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Aug 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Modernizing Trends Private Limited offer?
Modernizing Trends Private Limited offers a wide range of products and services, including Security & Inspection Devices, Car Parking System, Industrial Valves & Valve Fittings, Ball Valves, Steel & Stainless Steel Products, Industrial Steel, Switches & Switch Boxes, Flow Switches, Industrial Valves, Motorized Valve.
Who are the key members and board of directors at Modernizing Trends?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samir Mehta  | Director | 12-Aug-2005 | Current |
| Nilesh Mehta | Director | 12-Aug-2005 | Current |
| Rupesh Mehta | Director | 13-Aug-2005 | Current |
| Jayshree Mehta | Director | 04-Dec-2014 | Current |
| Dipali Mehta | Director | 04-Dec-2014 | Current |
| Mita Mehta | Director | 04-Dec-2014 | Current |
Financial Performance of Modernizing Trends.
Modernizing Trends Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 3.86% increase. The company also saw a substantial improvement in profitability, with a 179.22% increase in profit. The company's net worth Soared by an impressive increase of 20.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Modernizing Trends?
In 2024, Modernizing Trends had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tece India Private LimitedNilesh Mehta is a mutual person
Giacomini India Private LimitedNilesh Mehta, Samir Mehta and 1 more are mutual person
- Giacoklima Systems Private Limited
Nilesh Mehta, Samir Mehta and 1 more are mutual person
- Bongio India Private Limited
Nilesh Mehta, Samir Mehta and 1 more are mutual person
- Giacoqest Systems Private Limited
Jayshree Mehta, Dipali Mehta and 1 more are mutual person
- Ms Cube Systems Private Limited
Mita Mehta is a mutual person
Charges (Loans)
Open Charges
₹23.86 Cr
Satisfied Charges
₹31.35 Cr
Charges Breakdown by Lending Institutions
- Others : 23.66 Cr
- Axis Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2023 | Axis Bank Limited | ₹2.00 M | Open |
| 27 Apr 2022 | Others | ₹2.29 Cr | Open |
| 27 Apr 2022 | Others | ₹1.37 Cr | Open |
| 27 Apr 2022 | Others | ₹20.00 Cr | Open |
| 29 Mar 2022 | Others | ₹1.38 Cr | Satisfied |
How Many Employees Work at Modernizing Trends?
Modernizing Trends has a workforce of 132 employees as of Jan 17, 2025. 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 Modernizing Trends, 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 Modernizing Trends'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
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