Modflex India Limited

Manufactures and trades printed plastic bags, laminated reels, and poly coated paper reels.

1996 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Modflex India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.51 M
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.88 Cr
  • Revenue Growth -18.66%
  • Profit Growth -5553.40%
  • Ebitda -157.85%
  • Net Worth -39.42%
  • Total Assets 0.09%

About Modflex India

Modflex India Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 May 1996 and has a history of 28 years and eight months. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Modflex India Private Limited. The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.51 M.

The company has closed loans amounting to ₹4.88 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anil Chanana, Nayan Chanana, and Poonam Chanana serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209DL1996PLC079093

  • Company No.

    079093

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 May 1996

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Packaging

Who are the key members and board of directors at Modflex India?

Board Members (3)

Name Designation Appointment Date Status
Nayan Chanana Country flag representing In Additional Director 01-Dec-2018 Current
Anil Chanana Country flag representing In Director 22-May-1996 Current
Poonam Chanana Country flag representing In Director 22-Nov-2009 Current

Financial Performance of Modflex India.

Modflex India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.66% decrease. The company also saw a substantial fall in profitability, with a 5553.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.42%.

Graph illustrating revenue growth over time
Graph showing 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
-18.66%
Revenue from Operations
-18.49%
Total Assets
0.09%
Profit or Loss
-5553.40%
Net Worth
-39.42%
EBITDA
-157.85%

What is the Ownership and Shareholding Structure of Modflex India?

In 2023, Modflex India had a promoter holding of 58.14% and a public holding of 41.86%. 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

₹48.75 M

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr
  • Bank Of Baroda : 1.68 Cr
  • The Haryana Financial Corp. : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
06 Apr 2018 Others ₹3.00 Cr Satisfied
29 Jan 2003 Bank Of Baroda ₹1.50 Cr Satisfied
25 Aug 2001 Bank Of Baroda ₹1.50 M Satisfied
31 May 2001 Bank Of Baroda ₹0.25 M Satisfied
26 Jun 1998 The Haryana Financial Corp. ₹2.00 M Satisfied

How Many Employees Work at Modflex India?

Modflex India has a workforce of 37 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modflex 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 Modflex 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 Modflex India

Recent activity within the organization

  • Charges

    A charge registered on 06 Apr 2018 via Charge ID 100168045 with Others was fully satisfied on 07 Nov 2023.

    07 Nov 2023

  • Annual General Meeting

    Modflex India Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Modflex India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 30.00 M registered on 06 Apr 2018 with Charge ID 100168045 was modified on 01 Apr 2021.

    01 Apr 2021

  • Director Appointment

    Nayan Chanana was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2018 & has been associated with this company since 6 years 2 months .

    01 Dec 2018

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100168045 was registered on 06 Apr 2018.

    06 Apr 2018

Frequently asked questions

  • Modflex India Limited was incorporated on 22 May 1996.

  • The authorized share capital of Modflex India Limited is ₹ 2.00 M and paid-up capital is ₹ 1.51 M.

  • Currently 3 directors are associated with Modflex India Limited.

    • Anil Kumar Chanana
    • Nayan Chanana
    • Poonam Chanana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modflex India Limited is G-12 Iind Floor Pushkar Enclave Paschim Vihar, New Delhi, India, 110063.

  • The corporate identification number (CIN) of Modflex India Limited is U25209DL1996PLC079093 and the company number is 079093 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modflex India Limited has fallen by -18.66%.

  • As Per 2023 financial reports, 37 employees are currently employed by Modflex India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modflex India Limited has experienced an downturn of -39.42%.

  • The most recent Balance Sheet for Modflex India Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Paper, Laminated & Corrugated Packaging