Modi Car Agencies Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 24.00 Cr
- Company Age 14 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 97.92 Cr
- Satisfied Charges ₹ 28.50 Cr
- Revenue Growth -0.63%
- Profit Growth -8.73%
- Ebitda 3.76%
- Net Worth 6.52%
- Total Assets -6.42%
About Modi Car Agencies
Modi Car Agencies Private Limited (MCAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 July 2010 and has a history of 14 years and seven months. Its registered office is in Mumbai, Maharashtra.
The Company is engaged in the Automotive 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 25.00 Cr and a paid-up capital of Rs 24.00 Cr.
The company currently has active open charges totaling ₹97.92 Cr. The company has closed loans amounting to ₹28.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varsha Modi, Vikram Modi, Vivek Modi, and One other member serve as directors at the Company.
Company Details
- Location Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50102MH2010PTC205471
- Company No.
205471
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Jul 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Modi Car Agencies Private Limited offer?
Modi Car Agencies Private Limited offers a wide range of products and services, including Cars, Hyundai Car, Motorcycles and Cars.
Who are the key members and board of directors at Modi Car Agencies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikram Modi  | Managing Director | 14-Jul-2010 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varsha Modi | Director | 07-Sep-2013 | Current |
| Vivek Modi | Director | 24-Oct-2012 | Current |
| Swapna Shelar | Director | 01-Dec-2022 | Current |
Financial Performance of Modi Car Agencies.
Modi Car Agencies Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.63% decrease. The company also saw a slight decrease in profitability, with a 8.73% decrease in profit. The company's net worth moved up by a moderate rise of 6.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modi Car Agencies?
In 2023, Modi Car Agencies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vcm Agencies Private LimitedVikram Modi, Vivek Modi and 1 more are mutual person
Asset Cars Private LimitedVikram Modi, Vivek Modi and 1 more are mutual person
- Vcm Motors Agencies Private Limited
Vikram Modi, Vivek Modi and 1 more are mutual person
Mialtus Insurance Broking Private LimitedVarsha Modi is a mutual person
Acumen Cars Private LimitedVarsha Modi, Vikram Modi and 2 more are mutual person
- Sanskruti Cars Private Limited
Varsha Modi, Vikram Modi and 1 more are mutual person
Charges (Loans)
₹97.92 Cr
₹28.50 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 66.45 Cr
- Hdfc Bank Limited : 21.97 Cr
- Others : 9.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 2023 | Axis Bank Limited | ₹24.45 Cr | Open |
| 21 Dec 2022 | Others | ₹5.00 M | Open |
| 21 Jun 2022 | Axis Bank Limited | ₹4.00 Cr | Open |
| 25 Mar 2021 | Hdfc Bank Limited | ₹21.97 Cr | Open |
| 06 Jan 2018 | Axis Bank Limited | ₹38.00 Cr | Open |
How Many Employees Work at Modi Car Agencies?
Modi Car Agencies has a workforce of 71 employees as of Apr 07, 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 Modi Car Agencies, 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 Modi Car Agencies'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.
