Modi Motors Agencies Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.01 Cr
- Company Age 22 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 410.91 Cr
- Satisfied Charges ₹ 291.66 Cr
- Revenue Growth 8.45%
- Profit Growth 37.90%
- Ebitda 4.59%
- Net Worth 10.38%
- Total Assets 1.73%
About Modi Motors Agencies
Modi Motors Agencies Private Limited (MMAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 2002 and has a history of 22 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.01 Cr.
The company currently has active open charges totaling ₹410.91 Cr. The company has closed loans amounting to ₹291.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhakti Modi and Gautam Modi serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50103MH2002PTC137243
- Company No.
137243
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Sep 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
What products or services does Modi Motors Agencies Private Limited offer?
Modi Motors Agencies Private Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Searchlight, Car Exterior Accessories, Car Spoiler, Automotive Tail Lamps, Used Machinery & Tools, Second Hand Cars.
Who are the key members and board of directors at Modi Motors Agencies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gautam Modi  | Managing Director | 17-Sep-2002 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhakti Modi | Whole-Time Director | 22-Jan-2003 | Current |
Financial Performance of Modi Motors Agencies.
Modi Motors Agencies Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.45% increase. The company also saw a substantial improvement in profitability, with a 37.9% increase in profit. The company's net worth Soared by an impressive increase of 10.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modi Motors Agencies?
In 2022, Modi Motors Agencies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹410.91 Cr
Satisfied Charges
₹291.66 Cr
Charges Breakdown by Lending Institutions
- Others : 293.44 Cr
- Hdfc Bank Limited : 53.72 Cr
- State Bank Of India : 27.05 Cr
- Bassein Catholic Co-Operative Bank Limited : 18.00 Cr
- Small Industrial Development Bank Of India : 10.00 Cr
- Others : 8.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2024 | Others | ₹10.00 Cr | Open |
| 30 Apr 2024 | Others | ₹20.00 Cr | Open |
| 28 Mar 2024 | Others | ₹20.00 Cr | Open |
| 15 Feb 2024 | Others | ₹18.00 Cr | Open |
| 08 Dec 2023 | Others | ₹17.50 Cr | Open |
How Many Employees Work at Modi Motors Agencies?
Modi Motors Agencies has a workforce of 307 employees as of Mar 31, 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 Motors Agencies, 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 Motors Agencies'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.
Latest Updates, News, and FAQs on Modi Motors Agencies
Recent activity within the organization
- Charges
A charge with Others of Rs. 42.40 Cr registered on 31 Jul 2012 with Charge ID 10374999 was modified on 01 Oct 2024.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100950541 was registered on 10 Jul 2024.
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100923533 was registered on 30 Apr 2024.
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100907979 was registered on 28 Mar 2024.
- Charges
A charge with Others amounted to Rs. 18.00 Cr with Charge ID 100875659 was registered on 15 Feb 2024.
- Charges
A charge registered on 22 Mar 2019 via Charge ID 100254106 with Axis Bank Limited was fully satisfied on 13 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Modi Motors Agencies Private Limited?
Modi Motors Agencies Private Limited was incorporated on 17 Sep 2002.
What is authorized share capital and paid-up capital of Modi Motors Agencies Private Limited?
The authorized share capital of Modi Motors Agencies Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.01 Cr.
Who are the current board members & directors of Modi Motors Agencies Private Limited?
Currently 2 directors are associated with Modi Motors Agencies Private Limited.
- Bhakti Gautam Modi
- Gautam Chimanlal Modi
What is the registered address of Modi Motors Agencies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modi Motors Agencies Private Limited is Office No. 2 (Audi Showroom) Neo Vikram Chsl Sahakar Nagar Opp. Star Bazaar, Andheri West India, Mumbai, Maharashtra, 400058.
What is the corporate identification number (CIN) and company number of Modi Motors Agencies Private Limited?
The corporate identification number (CIN) of Modi Motors Agencies Private Limited is U50103MH2002PTC137243 and the company number is 137243 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modi Motors Agencies Private Limited?
The Official website of Modi Motors Agencies Private Limited is https://www.modihyundai.com
What has been the recent revenue trend for Modi Motors Agencies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modi Motors Agencies Private Limited has risen by 8.45%.
How many employees does Modi Motors Agencies Private Limited currently have?
As Per 2023 financial reports, 307 employees are currently employed by Modi Motors Agencies Private Limited.
What change has been observed in the net worth of Modi Motors Agencies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modi Motors Agencies Private Limited has experienced an upsurge of 10.38%.
What are the total open charges for Modi Motors Agencies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Modi Motors Agencies Private Limited amount to ₹ 410.91 Cr.
When was the last Balance Sheet of Modi Motors Agencies Private Limited filed with the ROC?
The most recent Balance Sheet for Modi Motors Agencies Private Limited was filed with the ROC on 31 Mar 2023.
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