Modi Welding Electrodes Private Limited

Manufactures and trades welding and cutting electrodes, fluxes, and equipment.

1981 | Kota, Rajasthan (India) | Active
Last Updated: December 15, 2024

Modi Welding Electrodes Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.45 M
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.49 M
  • Revenue Growth 53.35%
  • Profit Growth 82.68%
  • Ebitda 59.36%
  • Net Worth -5.06%
  • Total Assets -12.75%

About Modi Welding Electrodes

Modi Welding Electrodes Private Limited (MWEPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 June 1981 and has a history of 43 years and seven months. Its registered office is in Kota, Rajasthan.

The Company is engaged in the Machinery And Equipment 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 1.50 M and a paid-up capital of Rs 1.45 M.

The company currently has active open charges totaling ₹3.49 M.

Sushil Modi, Bimla Modi, and Raghav Modi serve as directors at the Company.

Company Details

  • Location
    Kota, Rajasthan
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31908RJ1981PTC002251

  • Company No.

    002251

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Machinery and Equipment

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

Board Members (3)

Name Designation Appointment Date Status
Sushil Modi Country flag representing In Director 01-Sep-1990 Current
Bimla Modi Country flag representing In Director 25-Oct-2014 Current
Raghav Modi Country flag representing In Additional Director 10-Oct-2024 Current

Financial Performance of Modi Welding Electrodes.

Modi Welding Electrodes Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 53.35% increase. The company also saw a substantial improvement in profitability, with a 82.68% increase in profit. The company's net worth dipped by a decrease of 5.06%.

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
53.35%
Revenue from Operations
Total Assets
-12.75%
Profit or Loss
82.68%
Net Worth
-5.06%
EBITDA
59.36%

What is the Ownership and Shareholding Structure of Modi Welding Electrodes?

In 2022, Modi Welding Electrodes had a public 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

₹3.49 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.24 Cr
  • Hdfc Bank Limited : 0.07 Cr
  • State Bank Of India : 0.03 Cr
  • State Bank Of Baroda : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
31 May 2024 Hdfc Bank Limited ₹0.65 M Open
11 Jun 1993 Bank Of Baroda ₹2.30 M Open
28 Dec 1987 Bank Of Baroda ₹0.09 M Open
17 Jun 1987 State Bank Of Baroda ₹0.15 M Open
02 May 1986 State Bank Of India ₹0.30 M Open

How Many Employees Work at Modi Welding Electrodes?

Unlock and access historical data on people associated with Modi Welding Electrodes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Raghav Modi was appointed as a Additional Director was appointed as a Additional Director on 10 Oct 2024 & has been associated with this company since 4 months .

    10 Oct 2024

  • Annual General Meeting

    Modi Welding Electrodes 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 with Hdfc Bank Limited amounted to Rs. 0.65 M with Charge ID 100950718 was registered on 31 May 2024.

    31 May 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Bimla Devi Modi was appointed as a Director was appointed as a Director on 25 Oct 2014 & has been associated with this company since 10 years 3 months .

    25 Oct 2014

  • Charges

    A charge with Bank Of Baroda of Rs. 2.30 M registered on 11 Jun 1993 with Charge ID 90069709 was modified on 02 May 1997.

    02 May 1997

Frequently asked questions

  • Modi Welding Electrodes Private Limited was incorporated on 15 Jun 1981.

  • The authorized share capital of Modi Welding Electrodes Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.45 M.

  • Currently 3 directors are associated with Modi Welding Electrodes Private Limited.

    • Sushil Kumar Modi
    • Bimla Devi Modi
    • Raghav Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modi Welding Electrodes Private Limited is Modi House Gumanpura, India, Kota, Rajasthan.

  • The corporate identification number (CIN) of Modi Welding Electrodes Private Limited is U31908RJ1981PTC002251 and the company number is 002251 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Modi Welding Electrodes Private Limited has risen by 53.35%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Modi Welding Electrodes Private Limited has experienced an downturn of -5.06%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Modi Welding Electrodes Private Limited amount to ₹ 3.49 M.

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

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