Modi Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.72 Cr
- Company Age 92 Year, 2 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 two 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
- 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Umesh Modi  | Managing Director | 12-Feb-1976 | Current |
| Shobit Nehra | Company Secretary | 03-Mar-2020 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Chaudhary | Nominee Director | 05-Oct-2020 | Current |
| Abhishek Modi | Director | 08-Dec-2006 | Current |
| Vinay Modi | Director | 29-Apr-1967 | Current |
| Kumkum Modi | Director | 11-Sep-2020 | Current |
| Jayesh Modi | Director | 11-Sep-2020 | Current |
| Anand Modi | Director | 09-Sep-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
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Sbec Systems (India) LimitedJagdish Chawla is a mutual person
Roots Air Systems Private LimitedRakesh Modi is a mutual person
Phd Chamber Of Commerce And IndustryAbhishek Modi is a mutual person
Modi Illva India Private LimitedUmesh Modi and Abhishek Modi are mutual person
Modi Hitech India LimitedUmesh Modi, Abhishek Modi and 2 more are mutual person
Jayesh Tradex Private LimitedKumkum Modi and Jayesh Modi are mutual person
Charges (Loans)
₹43.35 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2022 | Axis Bank Limited | ₹3.40 M | Open |
| 04 Jan 1991 | Allahabad Nank | ₹7.50 M | Open |
| 10 Apr 1990 | Others | ₹8.60 M | Open |
| 16 Mar 1990 | Others | ₹8.70 M | Open |
| 17 Oct 1989 | Others | ₹1.75 Cr | Open |
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.
Deals i
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
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.
