Modi Rubber Limited

Produces rubber-based products such as tires, tubes, and flaps for automobiles.

1971 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated: December 18, 2024

Modi Rubber Profile

Key Indicators

  • Authorised Capital ₹ 52.00 Cr
  • Paid Up Capital ₹ 25.04 Cr
  • Company Age 53 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 112.47 Cr
  • Satisfied Charges ₹ 431.54 Cr
  • Revenue Growth -2.06%
  • Profit Growth -32.14%
  • Ebitda -58.99%
  • Net Worth 86.52%
  • Total Assets 96.27%

About Modi Rubber

Modi Rubber Limited (MRL) was founded in India on 27 February 1971 and has a glorious history of 53 years and 11 months. Its registered office is in Ghaziabad, Uttar Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500890 and on the National Stock Exchange(NSE) under BE : MODIRUBBER.

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 52.00 Cr and a paid-up capital of Rs 25.04 Cr.

The company currently has active open charges totaling ₹112.47 Cr. The company has closed loans amounting to ₹431.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modi Rubber Limited India are Kamal Gupta as CFO and Sanjeev Bajpai as Company Secretary. Alok Modi, Nadira Hamid, Vinay Modi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    modirubberlimited.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L25199UP1971PLC003392

  • Company No.

    003392

  • Stock Symbol

    BSE : 500890 NSE : BE : MODIRUBBER

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 1971

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kanpur

Industry

Automotive

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjeev Bajpai Country flag representing In Company Secretary01-May-2008Current
Kamal Gupta Country flag representing In CFO01-Apr-2014Current
Alok Modi Country flag representing In Managing Director14-Jun-2008Current

Board Members (5)

NameDesignationAppointment DateStatus
Nadira Hamid Country flag representing In Director 14-Nov-2023Current
Vinay Modi Country flag representing In Director 27-Feb-1971Current
Amrit Kapur Country flag representing In Director 29-May-2018Current
Umesh Khaitan Country flag representing In Director 28-May-2019Current
Piya Modi Country flag representing In Whole-Time Director 08-Aug-2014Current

Financial Performance of Modi Rubber.

Modi Rubber Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.06% decrease. The company also saw a substantial fall in profitability, with a 32.14% decrease in profit. The company's net worth Soared by an impressive increase of 86.52%.

Graph illustrating revenue growth over time
Graph showing 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
-2.06%
Revenue from Operations
-28.42%
Total Assets
96.27%
Profit or Loss
-32.14%
Net Worth
86.52%
EBITDA
-58.99%

What is the Ownership and Shareholding Structure of Modi Rubber?

In 2021, Modi Rubber had a promoter holding of 62.69% and a public holding of 37.30%. The company had 2 Subsidiaries, 3 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹112.47 Cr

Satisfied Charges

₹431.54 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 29.80 Cr
  • Citibank N.A. : 21.25 Cr
  • Yes Bank Limited : 20.00 Cr
  • Punjab National Bank : 10.96 Cr
  • State Bank Of Travancore : 10.25 Cr
  • Others : 20.21 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2021Axis Bank Limited₹9.98 MOpen
21 Oct 2019Others₹5.40 MOpen
15 Jul 2011Yes Bank Limited₹20.00 CrOpen
24 Nov 1997Punjab National Bank₹3.46 CrOpen
06 May 1994State Bank Of Travancore₹10.25 CrOpen

How Many Employees Work at Modi Rubber?

Modi Rubber has a workforce of 17 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 30 Jun 1995 via Charge ID 90270236 with Stressed Assets Stabilisation Fund was fully satisfied on 16 Aug 2024.

    16 Aug 2024

  • Director Appointment

    Nadira Faraz Hamid was appointed as a Director was appointed as a Director on 14 Nov 2023 & has been associated with this company since 1 year 3 months .

    14 Nov 2023

  • Annual General Meeting

    Modi Rubber Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100451416 was registered on 19 Mar 2021.

    19 Mar 2021

  • Charges

    A charge registered on 26 Dec 2014 via Charge ID 10580386 with Bmw India Financial Services Private Limited was fully satisfied on 17 Dec 2019.

    17 Dec 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Modi Rubber Limited was incorporated on 27 Feb 1971.

  • The authorized share capital of Modi Rubber Limited is ₹ 52.00 Cr and paid-up capital is ₹ 25.04 Cr.

  • Currently 8 directors are associated with Modi Rubber Limited.

    • Alok Kumar Modi
    • Nadira Faraz Hamid
    • Vinay Kumar Modi
    • Amrit Kapur
    • Umesh Kumar Khaitan
    • Piya Modi
    • Kamal Gupta
    • Sanjeev Kumar Bajpai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modi Rubber Limited is Modi Nagarmodi Nagar India, Uttar Pradesh, 201204.

  • The corporate identification number (CIN) of Modi Rubber Limited is L25199UP1971PLC003392 and the company number is 003392 as per Ministry of Corporate Affairs (MCA).

  • Yes, Modi Rubber Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : MODIRUBBER.

  • The Official website of Modi Rubber Limited is https://www.modirubberlimited.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Modi Rubber Limited has fallen by -2.06%.

  • As Per 2022 financial reports, 17 employees are currently employed by Modi Rubber Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Modi Rubber Limited has experienced an upsurge of 86.52%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Modi Rubber Limited amount to ₹ 112.47 Cr.

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

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