Modi Granites Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.38 Cr
- Company Age 12 Year, 11 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 12 years and 11 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
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U14102KA2012PTC062521
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Company No.
062521
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Feb 2012
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Modi Granites?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Modi
|
Managing Director | 14-Feb-2012 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ritesh Modi
|
Director | 14-Feb-2012 | Current |
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Gaurav Modi
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Director | 14-Feb-2012 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Lsquare Eco-Products Private LimitedGaurav Modi is a mutual person
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Xtra - Power Technologies Private LimitedGaurav Modi is a mutual person
Charges (Loans)
₹40.08 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2024 | Indian Overseas Bank | ₹0.96 M | Open |
| 11 Aug 2023 | Indian Overseas Bank | ₹1.00 Cr | Open |
| 16 Mar 2023 | Indian Overseas Bank | ₹2.81 Cr | Open |
| 29 Mar 2022 | Indian Overseas Bank | ₹1.50 Cr | Open |
| 27 Apr 2021 | Hdfc Bank Limited | ₹0.64 M | Open |
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.
Deals i
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
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.
