Modi Car Agencies Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 24.00 Cr
- Company Age 14 Year, 10 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 ten 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
Automotive
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.
Modi Car Agencies Private Limited
Explore comprehensive data for Modi Car Agencies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
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- Asset Cars Private Limited
Vikram 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
- Autospace Cars Private Limited
Varsha Modi, Vikram Modi and 2 more are mutual person
Charges (Loans)
Open Charges
₹97.92 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Modi Car Agencies
Recent activity within the organization
- Annual General Meeting
Modi Car Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 24.45 Cr with Charge ID 100791890 was registered on 14 Sep 2023.
- Balance Sheet
Modi Car Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100659032 was registered on 21 Dec 2022.
- Charges
A charge with Hdfc Bank Limited of Rs. 21.97 Cr registered on 25 Mar 2021 with Charge ID 100432399 was modified on 20 Dec 2022.
- Director Appointment
Swapna Prakash Shelar was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 2 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Modi Car Agencies Private Limited?
Modi Car Agencies Private Limited was incorporated on 14 Jul 2010.
What is authorized share capital and paid-up capital of Modi Car Agencies Private Limited?
The authorized share capital of Modi Car Agencies Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 24.00 Cr.
Who are the current board members & directors of Modi Car Agencies Private Limited?
Currently 4 directors are associated with Modi Car Agencies Private Limited.
- Varsha Vikram Modi
- Vikram Chimanlal Modi
- Vivek Vikram Modi
- Swapna Prakash Shelar
What is the registered address of Modi Car Agencies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modi Car Agencies Private Limited is Autoland Excel Estate S. V. Road Opp. Patel Petrol Pump, Goregaon (W) India, Mumbai, Maharashtra, 400062.
What is the corporate identification number (CIN) and company number of Modi Car Agencies Private Limited?
The corporate identification number (CIN) of Modi Car Agencies Private Limited is U50102MH2010PTC205471 and the company number is 205471 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modi Car Agencies Private Limited?
The Official website of Modi Car Agencies Private Limited is https://www.modihyundai.co.in
What has been the recent revenue trend for Modi Car Agencies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modi Car Agencies Private Limited has fallen by -0.63%.
How many employees does Modi Car Agencies Private Limited currently have?
As Per 2023 financial reports, 71 employees are currently employed by Modi Car Agencies Private Limited.
What change has been observed in the net worth of Modi Car Agencies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modi Car Agencies Private Limited has experienced an upsurge of 6.52%.
What are the total open charges for Modi Car Agencies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Modi Car Agencies Private Limited amount to ₹ 97.92 Cr.
When was the last Balance Sheet of Modi Car Agencies Private Limited filed with the ROC?
The most recent Balance Sheet for Modi Car Agencies Private Limited was filed with the ROC on 31 Mar 2023.
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