Modi Granites Private Limited

Manufacturer and exporter of high-quality granite slabs and tiles, equipped with advanced machinery.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated:

Modi Granites Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.38 Cr
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.08 Cr
  • Revenue Growth 16.47%
  • Profit Growth 105.31%
  • Ebitda 8.06%
  • Net Worth 15.84%
  • Total Assets 0.33%

About Modi Granites

Modi Granites Private Limited (MGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 February 2012 and has a history of 13 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing 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 4.00 Cr and a paid-up capital of Rs 3.38 Cr.

The company currently has active open charges totaling ₹40.08 Cr.

Ritesh Modi, Satish Modi, and Gaurav Modi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U14102KA2012PTC062521

  • Company No.

    062521

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing
Company report

Modi Granites Private Limited

Explore comprehensive data for Modi Granites Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Satish Modi Country flag representing In Managing Director14-Feb-2012Current

Board Members (2)

NameDesignationAppointment DateStatus
Ritesh Modi Country flag representing In Director 14-Feb-2012Current
Gaurav Modi Country flag representing In Director 14-Feb-2012Current

Financial Performance of Modi Granites.

Modi Granites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.47% increase. The company also saw a substantial improvement in profitability, with a 105.31% increase in profit. The company's net worth Soared by an impressive increase of 15.84%.

Modi Granites revenue growth over time
Modi Granites 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
16.47%
Revenue from Operations
14.81%
Total Assets
0.33%
Profit or Loss
105.31%
Net Worth
15.84%
EBITDA
8.06%

What is the Ownership and Shareholding Structure of Modi Granites?

In 2023, Modi Granites had a promoter holding of 94.00% and a public holding of 6.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.08 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 39.92 Cr
  • Others : 0.09 Cr
  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jan 2024Indian Overseas Bank₹0.96 MOpen
11 Aug 2023Indian Overseas Bank₹1.00 CrOpen
16 Mar 2023Indian Overseas Bank₹2.81 CrOpen
29 Mar 2022Indian Overseas Bank₹1.50 CrOpen
27 Apr 2021Hdfc Bank Limited₹0.64 MOpen

How Many Employees Work at Modi Granites?

Modi Granites has a workforce of 113 employees as of Apr 05, 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 Modi Granites Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Indian Overseas Bank of Rs. 34.18 Cr registered on 28 Nov 2014 with Charge ID 10549654 was modified on 04 Apr 2024.

  • Balance Sheet

    Modi Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.10 Cr with Charge ID 100856414 was registered on 03 Jan 2024.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.00 Cr with Charge ID 100805591 was registered on 11 Aug 2023.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 2.81 Cr with Charge ID 100731214 was registered on 16 Mar 2023.

Frequently asked questions

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

    Modi Granites Private Limited was incorporated on 14 Feb 2012.

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

    The authorized share capital of Modi Granites Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.38 Cr.

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

    Currently 3 directors are associated with Modi Granites Private Limited.

    • Ritesh Kumar Modi
    • Satish Kumar Modi
    • Gaurav Modi

  • What is the registered address of Modi Granites Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modi Granites Private Limited is No.38, 1St Floor N. R. Road India, Bangalore, Karnataka, 560002.

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

    The corporate identification number (CIN) of Modi Granites Private Limited is U14102KA2012PTC062521 and the company number is 062521 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Modi Granites Private Limited is https://www.modigranites.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Modi Granites Private Limited has risen by 16.47%.

  • How many employees does Modi Granites Private Limited currently have?

    As Per 2023 financial reports, 113 employees are currently employed by Modi Granites Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Modi Granites Private Limited has experienced an upsurge of 15.84%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Modi Granites Private Limited amount to ₹ 40.08 Cr.

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

    The most recent Balance Sheet for Modi Granites Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Ceramics