Modest Maritime Services Private Limited

Maritime company providing barge hiring, shipping agent, vessel clearance, and crew management services.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated:

Modest Maritime Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.90 Cr
  • Revenue Growth -72.87%
  • Profit Growth -123.44%
  • Ebitda 52.96%
  • Net Worth -8.40%
  • Total Assets -58.90%

About Modest Maritime Services

Modest Maritime Services Private Limited (MMSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 1996 and has a history of 28 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹11.90 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kishor Gambani and Prakash Sadhwani 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

    U63032MH1996PTC103505

  • Company No.

    103505

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Modest Maritime Services Private Limited offer?

Modest Maritime Services Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Marine Service.

Company report

Modest Maritime Services Private Limited

Explore comprehensive data for Modest Maritime Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Modest Maritime Services?

Board Members (2)

NameDesignationAppointment DateStatus
Kishor Gambani Country flag representing In Director 01-Jan-2008Current
Prakash Sadhwani Country flag representing In Director 02-May-2022Current

Financial Performance of Modest Maritime Services.

Modest Maritime Services Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 72.87% decrease. The company also saw a substantial fall in profitability, with a 123.44% decrease in profit. The company's net worth dipped by a decrease of 8.4%.

Modest Maritime Services revenue growth over time
Modest Maritime Services 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
-72.87%
Revenue from Operations
Total Assets
-58.90%
Profit or Loss
-123.44%
Net Worth
-8.40%
EBITDA
52.96%

What is the Ownership and Shareholding Structure of Modest Maritime Services?

In 2019, Modest Maritime Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹119.00 M

Charges Breakdown by Lending Institutions

  • Janakalyan Sahakari Bank Limited : 11.90 Cr

Latest Charge Details

DateLenderAmountStatus
02 May 2013Janakalyan Sahakari Bank Limited₹5.00 MSatisfied
16 Dec 2010Janakalyan Sahakari Bank Limited₹5.45 CrSatisfied
16 Sep 2005Janakalyan Sahakari Bank Limited₹5.95 CrSatisfied

How Many Employees Work at Modest Maritime Services?

Modest Maritime Services has a workforce of 7 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.

Employee growth trends for Modest Maritime Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modest Maritime Services, 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 Modest Maritime Services'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 Modest Maritime Services

Recent activity within the organization

  • Annual General Meeting

    Modest Maritime Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Modest Maritime Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Prakash Sadhwani was appointed as a Director was appointed as a Director on 02 May 2022 & has been associated with this company since 3 years 2 days .

  • Charges

    A charge registered on 02 May 2013 via Charge ID 10428729 with Janakalyan Sahakari Bank Limited was fully satisfied on 22 Dec 2016.

  • Charges

    A charge registered on 16 Sep 2005 via Charge ID 90348876 with Janakalyan Sahakari Bank Limited was fully satisfied on 22 Dec 2016.

  • Charges

    A charge registered on 16 Dec 2010 via Charge ID 10257395 with Janakalyan Sahakari Bank Limited was fully satisfied on 13 May 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Modest Maritime Services Private Limited?

    Modest Maritime Services Private Limited was incorporated on 25 Oct 1996.

  • What is authorized share capital and paid-up capital of Modest Maritime Services Private Limited?

    The authorized share capital of Modest Maritime Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Modest Maritime Services Private Limited?

    Currently 2 directors are associated with Modest Maritime Services Private Limited.

    • Kishor Deomal Gambani
    • Prakash Sadhwani

  • What is the registered address of Modest Maritime Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modest Maritime Services Private Limited is B/604 Shastri Nagar Swiss Corner 4 Bunglows Andheri (West), India, Mumbai, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Modest Maritime Services Private Limited?

    The corporate identification number (CIN) of Modest Maritime Services Private Limited is U63032MH1996PTC103505 and the company number is 103505 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Modest Maritime Services Private Limited?

    The Official website of Modest Maritime Services Private Limited is https://www.modestmaritime.com

  • What has been the recent revenue trend for Modest Maritime Services Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Modest Maritime Services Private Limited has fallen by -72.87%.

  • How many employees does Modest Maritime Services Private Limited currently have?

    As Per 2021 financial reports, 7 employees are currently employed by Modest Maritime Services Private Limited.

  • What change has been observed in the net worth of Modest Maritime Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Modest Maritime Services Private Limited has experienced an downturn of -8.40%.

  • When was the last Balance Sheet of Modest Maritime Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Modest Maritime Services Private Limited was filed with the ROC on 31 Mar 2024.

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