Modi Industries Limited

Manufacturer and seller of various products including sugar, gases, liquors, paints, and welding electrodes.

1932 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated:

Modi Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.72 Cr
  • Company Age 92 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.35 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 18.10%
  • Profit Growth 140.78%
  • Ebitda 114.27%
  • Net Worth 4.55%
  • Total Assets 31.13%

About Modi Industries

Modi Industries Limited (MIL) was founded in India on 18 November 1932 and has a glorious history of 92 years and three months. Its registered office is in Uttar Pradesh, Uttar Pradesh, India.

The Corporate was formerly known as The Modi Sugar Mills Ltd. The Company is engaged in the Agriculture 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 5.00 Cr and a paid-up capital of Rs 3.72 Cr.

The company currently has active open charges totaling ₹43.35 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modi Industries Limited India is Shobit Nehra as COMPANY SECRETARY. Umesh Modi, Abhishek Modi, Vinay Modi, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Uttar Pradesh, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    modiindustries.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15429UP1932PLC000469

  • Company No.

    000469

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 1932

  • Date of AGM

    16 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Agriculture
Chemicals and Materials
Food and Beverages
Manufacturing

What products or services does Modi Industries Limited offer?

Modi Industries Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Primer.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Umesh Modi Country flag representing In Managing Director12-Feb-1976Current
Shobit Nehra Company Secretary03-Mar-2020Current

Board Members (9)

NameDesignationAppointment DateStatus
Rahul Chaudhary Country flag representing In Nominee Director 05-Oct-2020Current
Abhishek Modi Country flag representing In Director 08-Dec-2006Current
Vinay Modi Country flag representing In Director 29-Apr-1967Current
Kumkum Modi Country flag representing In Director 11-Sep-2020Current
Jayesh Modi Country flag representing In Director 11-Sep-2020Current
Anand Modi Country flag representing In Director 09-Sep-2020Current

Financial Performance of Modi Industries.

Modi Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.1% increase. The company also saw a substantial improvement in profitability, with a 140.78% increase in profit. The company's net worth moved up by a moderate rise of 4.55%.

Modi Industries revenue growth over time
Modi Industries 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
18.10%
Revenue from Operations
18.91%
Total Assets
31.13%
Profit or Loss
140.78%
Net Worth
4.55%
EBITDA
114.27%

What is the Ownership and Shareholding Structure of Modi Industries?

In 2023, Modi Industries had a promoter holding of 60.06% and a public holding of 39.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.35 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.21 Cr
  • Allahabad Bank : 7.05 Cr
  • The Industrial Credit And Investment Corpn Of India Ltd : 1.00 Cr
  • Icici : 1.00 Cr
  • Allahabad Nank : 0.75 Cr
  • Others : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2022Axis Bank Limited₹3.40 MOpen
04 Jan 1991Allahabad Nank₹7.50 MOpen
10 Apr 1990Others₹8.60 MOpen
16 Mar 1990Others₹8.70 MOpen
17 Oct 1989Others₹1.75 CrOpen

How Many Employees Work at Modi Industries?

Modi Industries has a workforce of 609 employees as of Apr 08, 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 Industries Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Modi Industries Limited last Annual general meeting of members was held on 16 Dec 2023 as per latest MCA records.

  • Balance Sheet

    Modi Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100663484 was registered on 20 Dec 2022.

  • Director Appointment

    Vivek Singh was appointed as a Nominee Director was appointed as a Nominee Director on 05 Oct 2020 & has been associated with this company since 4 years 4 months .

  • Director Appointment

    Kumkum Modi was appointed as a Director was appointed as a Director on 11 Sep 2020 & has been associated with this company since 4 years 5 months .

  • Director Appointment

    Jayesh Modi was appointed as a Director was appointed as a Director on 11 Sep 2020 & has been associated with this company since 4 years 5 months .

Frequently asked questions

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

    Modi Industries Limited was incorporated on 18 Nov 1932.

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

    The authorized share capital of Modi Industries Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.72 Cr.

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

    Currently 11 directors are associated with Modi Industries Limited.

    • Umesh Kumar Modi
    • Abhishek Modi
    • Vinay Kumar Modi
    • Kumkum Modi
    • Jayesh Modi
    • Shobit Nehra
    • Rahul Chaudhary
    • Anand Parkash Modi
    • Jagdish Chander Chawla
    • Vivek Singh
    • Rakesh Kumar Modi

  • What is the registered address of Modi Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modi Industries Limited is P O Modi Nagarmodi Nagar Modi Nagar, Uttar Pradesh, India, 201204.

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

    The corporate identification number (CIN) of Modi Industries Limited is U15429UP1932PLC000469 and the company number is 000469 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Modi Industries Limited?

    The Official website of Modi Industries Limited is https://www.modiindustries.net

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Modi Industries Limited has risen by 18.10%.

  • How many employees does Modi Industries Limited currently have?

    As Per 2023 financial reports, 609 employees are currently employed by Modi Industries Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Modi Industries Limited has experienced an upsurge of 4.55%.

  • What are the total open charges for Modi Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Modi Industries Limited amount to ₹ 43.35 Cr.

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

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

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