Modi Projects Ltd.

Constructs non-residential buildings since 1983, based in Kolkata, West Bengal.

1983 | Kolkata, West Bengal (India) | Active
Last Updated:

Modi Projects Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.27 Cr
  • Company Age 41 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.71 Cr
  • Satisfied Charges ₹ 51.50 Cr
  • Revenue Growth -4.98%
  • Profit Growth -63.81%
  • Ebitda 304.67%
  • Net Worth 3.54%
  • Total Assets -0.46%

About Modi Projects

Modi Projects Ltd. (MPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 April 1983 and has a history of 41 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Modi Projects Private Ltd. The Company is engaged in the Infrastructure And Utilities 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 3.27 Cr.

The company currently has active open charges totaling ₹20.71 Cr. The company has closed loans amounting to ₹51.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitesh Modi, Navin Modi, and Akshit Modi serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140WB1983PLC036220

  • Company No.

    036220

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Infrastructure and Utilities
Company report

Modi Projects Ltd.

Explore comprehensive data for Modi Projects Ltd., including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Nitesh Modi Country flag representing In Director 15-Mar-1994Current
Navin Modi Country flag representing In Director 15-Mar-1994Current
Akshit Modi Country flag representing In Director 05-Jan-2024Current

Financial Performance of Modi Projects.

Modi Projects Ltd., for the financial year ended 2023, experienced Minor drop in revenue, with a 4.98% decrease. The company also saw a substantial fall in profitability, with a 63.81% decrease in profit. The company's net worth moved up by a moderate rise of 3.54%.

Modi Projects revenue growth over time
Modi Projects 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
-4.98%
Revenue from Operations
17.79%
Total Assets
-0.46%
Profit or Loss
-63.81%
Net Worth
3.54%
EBITDA
304.67%

What is the Ownership and Shareholding Structure of Modi Projects?

In 2023, Modi Projects had a promoter holding of 40.09% and a public holding of 59.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.71 Cr

Satisfied Charges

₹51.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.66 Cr
  • Icici Bank Limited : 0.81 Cr
  • Hdfc Bank Limited : 0.18 Cr
  • Citicorp Finance (India) Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2022Others₹1.60 MOpen
15 Dec 2021Others₹1.00 MOpen
15 Dec 2021Others₹4.00 MOpen
27 Aug 2021Hdfc Bank Limited₹1.78 MOpen
22 Sep 2017Others₹19.00 CrOpen

How Many Employees Work at Modi Projects?

Modi Projects has a workforce of 30 employees as of Apr 02, 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 Projects Ltd.

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 15 Sep 2021 via Charge ID 100477907 with Others was fully satisfied on 05 Aug 2024.

  • Charges

    A charge registered on 02 Sep 2021 via Charge ID 100475833 with Others was fully satisfied on 05 Aug 2024.

  • Charges

    A charge registered on 06 Sep 2021 via Charge ID 100475831 with Others was fully satisfied on 15 May 2024.

  • Director Appointment

    Akshit Modi was appointed as a Director was appointed as a Director on 05 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Annual General Meeting

    Modi Projects Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Modi Projects Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

Frequently asked questions

  • What is the Incorporation or founding date of Modi Projects Ltd.?

    Modi Projects Ltd. was incorporated on 21 Apr 1983.

  • What is authorized share capital and paid-up capital of Modi Projects Ltd.?

    The authorized share capital of Modi Projects Ltd. is ₹ 5.00 Cr and paid-up capital is ₹ 3.27 Cr.

  • Who are the current board members & directors of Modi Projects Ltd.?

    Currently 3 directors are associated with Modi Projects Ltd..

    • Nitesh Kumar Modi
    • Navin Kumar Modi
    • Akshit Modi

  • What is the registered address of Modi Projects Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modi Projects Ltd. is 3Rd Floor Shivani Apartment 23, Landsdown Terrace India, Kolkata, West Bengal, 700026.

  • What is the corporate identification number (CIN) and company number of Modi Projects Ltd.?

    The corporate identification number (CIN) of Modi Projects Ltd. is U74140WB1983PLC036220 and the company number is 036220 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Modi Projects Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Modi Projects Ltd. has fallen by -4.98%.

  • How many employees does Modi Projects Ltd. currently have?

    As Per 2023 financial reports, 30 employees are currently employed by Modi Projects Ltd..

  • What change has been observed in the net worth of Modi Projects Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Modi Projects Ltd. has experienced an upsurge of 3.54%.

  • What are the total open charges for Modi Projects Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Modi Projects Ltd. amount to ₹ 20.71 Cr.

  • When was the last Balance Sheet of Modi Projects Ltd. filed with the ROC?

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

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