Modi Chemicals Private Limited

This company manufactures and trades welding materials, gases, and other industrial products.

2002 | Gorakhpur, Uttar Pradesh (India) | Active
Last Updated: October 23, 2024

Modi Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.07 Cr
  • Satisfied Charges ₹ 5.28 Cr
  • Revenue Growth -37.54%
  • Profit Growth 55.20%
  • Ebitda -16.60%
  • Net Worth 16.12%
  • Total Assets -5.30%

About Modi Chemicals

Modi Chemicals Private Limited (MCPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 November 2002 and has a history of 22 years and three months. Its registered office is in Gorakhpur, Uttar Pradesh, India.

The Company is engaged in the Chemicals And Materials 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 3.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹2.07 Cr. The company has closed loans amounting to ₹5.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

Praveen Modi and Vaibhav Modi serve as directors at the Company.

Company Details

  • Location

    Gorakhpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    modichemicals.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24111UP2002PTC027068

  • Company No.

    027068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Chemicals and Materials
FMCG

What products or services does Modi Chemicals Private Limited offer?

Modi Chemicals Private Limited offers a wide range of products and services, including Hand Sanitizer & Disinfectant, Alcohol Based Hand Sanitizer.

Who are the key members and board of directors at Modi Chemicals?

Board Members (2)

NameDesignationAppointment DateStatus
Praveen Modi Country flag representing In Director 18-Nov-2002Current
Vaibhav Modi Additional Director 20-Jul-2024Current

Financial Performance of Modi Chemicals.

Modi Chemicals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.54% decrease. The company also saw a substantial improvement in profitability, with a 55.2% increase in profit. The company's net worth Soared by an impressive increase of 16.12%.

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
-37.54%
Revenue from Operations
-37.76%
Total Assets
-5.30%
Profit or Loss
55.20%
Net Worth
16.12%
EBITDA
-16.60%

What is the Ownership and Shareholding Structure of Modi Chemicals?

In 2023, Modi Chemicals 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

₹20.67 M

Satisfied Charges

₹52.80 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.07 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2023State Bank Of India₹2.07 CrOpen
28 Dec 2022Others₹6.00 MSatisfied
31 Jul 2020Others₹2.80 MSatisfied
31 Dec 2018Others₹3.00 MSatisfied
31 Dec 2018Others₹3.00 CrSatisfied

How Many Employees Work at Modi Chemicals?

Unlock and access historical data on people associated with Modi Chemicals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modi Chemicals, 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 Chemicals'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 Modi Chemicals

Recent activity within the organization

  • Director Appointment

    Vaibhav Modi was appointed as a Additional Director was appointed as a Additional Director on 20 Jul 2024 & has been associated with this company since 7 months 9 days .

    20 Jul 2024

  • Annual General Meeting

    Modi Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 31 Dec 2018 via Charge ID 100250270 with Others was fully satisfied on 27 Apr 2023.

    27 Apr 2023

  • Charges

    A charge registered on 28 Dec 2022 via Charge ID 100686372 with Others was fully satisfied on 19 Apr 2023.

    19 Apr 2023

  • Charges

    A charge registered on 31 Jul 2020 via Charge ID 100372165 with Others was fully satisfied on 19 Apr 2023.

    19 Apr 2023

  • Charges

    A charge registered on 31 Dec 2018 via Charge ID 100250271 with Others was fully satisfied on 19 Apr 2023.

    19 Apr 2023

Frequently asked questions

  • What is the Incorporation or founding date of Modi Chemicals Private Limited?

    Modi Chemicals Private Limited was incorporated on 18 Nov 2002.

  • What is authorized share capital and paid-up capital of Modi Chemicals Private Limited?

    The authorized share capital of Modi Chemicals Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Modi Chemicals Private Limited?

    Currently 2 directors are associated with Modi Chemicals Private Limited.

    • Praveen Modi
    • Vaibhav Modi
  • What is the registered address of Modi Chemicals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modi Chemicals Private Limited is Modi Niwas Kharaditola Ppandey Hataroad India, Gorakhpur, Uttar Pradesh, 273001.

  • What is the corporate identification number (CIN) and company number of Modi Chemicals Private Limited?

    The corporate identification number (CIN) of Modi Chemicals Private Limited is U24111UP2002PTC027068 and the company number is 027068 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Modi Chemicals Private Limited?

    The Official website of Modi Chemicals Private Limited is https://www.modichemicals.com

  • What has been the recent revenue trend for Modi Chemicals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Modi Chemicals Private Limited has fallen by -37.54%.

  • What change has been observed in the net worth of Modi Chemicals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Modi Chemicals Private Limited has experienced an upsurge of 16.12%.

  • What are the total open charges for Modi Chemicals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Modi Chemicals Private Limited amount to ₹ 2.07 Cr.

  • When was the last Balance Sheet of Modi Chemicals Private Limited filed with the ROC?

    The most recent Balance Sheet for Modi Chemicals Private Limited was filed with the ROC on 31 Mar 2023.

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