Modi Salts Private Limited

This company refines and manufactures iodized and industrial salt, certified by FSSAI, and markets through dealers.

2007 | Nagaur, Rajasthan (India) | Active
Last Updated: November 16, 2024

Modi Salts Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.17 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.53 Cr
  • Satisfied Charges ₹ 14.09 Cr
  • Revenue Growth 10.46%
  • Profit Growth 579.94%
  • Ebitda 4.10%
  • Net Worth 13.43%
  • Total Assets -12.16%

About Modi Salts

Modi Salts Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 January 2007 and has a history of 18 years and one month. Its registered office is in Nagaur, Rajasthan, India.

The Company is engaged in the Food And Beverages Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.17 Cr.

The company currently has active open charges totaling ₹17.53 Cr. The company has closed loans amounting to ₹14.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishnu Modi and Govind Modi serve as directors at the Company.

Company Details

  • Location

    Nagaur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14220RJ2007PTC023729

  • Company No.

    023729

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Food and Beverages

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

Board Members (2)

NameDesignationAppointment DateStatus
Vishnu Modi Country flag representing In Director 25-Jan-2007Current
Govind Modi Country flag representing In Director 09-Jan-2013Current

Financial Performance of Modi Salts.

Modi Salts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.46% increase. The company also saw a substantial improvement in profitability, with a 579.94% increase in profit. The company's net worth Soared by an impressive increase of 13.43%.

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
10.46%
Revenue from Operations
10.43%
Total Assets
-12.16%
Profit or Loss
579.94%
Net Worth
13.43%
EBITDA
4.10%

What is the Ownership and Shareholding Structure of Modi Salts?

In 2023, Modi Salts had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.53 Cr

Satisfied Charges

₹14.09 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.00 Cr
  • Axis Bank Limited : 3.53 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 2021Axis Bank Limited₹1.67 CrOpen
02 Jul 2020Axis Bank Limited₹1.86 CrOpen
19 Mar 2018Others₹14.00 CrOpen
08 Apr 2021Axis Bank Limited₹1.50 CrSatisfied
19 Mar 2018Others₹5.00 MSatisfied

How Many Employees Work at Modi Salts?

Modi Salts has a workforce of 6 employees as of Mar 24, 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 Salts, 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 Salts'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 Salts

Recent activity within the organization

  • Annual General Meeting

    Modi Salts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 19 Mar 2018 via Charge ID 100169033 with Others was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Balance Sheet

    Modi Salts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 1.86 Cr registered on 02 Jul 2020 with Charge ID 100365505 was modified on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge registered on 19 Mar 2018 via Charge ID 100169034 with Others was fully satisfied on 27 Mar 2023.

    27 Mar 2023

  • Charges

    A charge registered on 19 Mar 2018 via Charge ID 100169036 with Others was fully satisfied on 27 Mar 2023.

    27 Mar 2023

Frequently asked questions

  • Modi Salts Private Limited was incorporated on 25 Jan 2007.

  • The authorized share capital of Modi Salts Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.17 Cr.

  • Currently 2 directors are associated with Modi Salts Private Limited.

    • Vishnu Modi
    • Govind Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modi Salts Private Limited is Jaipur Road India, Nawa City, Rajasthan, 341509.

  • The corporate identification number (CIN) of Modi Salts Private Limited is U14220RJ2007PTC023729 and the company number is 023729 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modi Salts Private Limited has risen by 10.46%.

  • As Per 2023 financial reports, 6 employees are currently employed by Modi Salts Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modi Salts Private Limited has experienced an upsurge of 13.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modi Salts Private Limited amount to ₹ 17.53 Cr.

  • The most recent Balance Sheet for Modi Salts Private Limited was filed with the ROC on 31 Mar 2024.

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