Modicon Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 4.66 M
- Company Age 40 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.50 Cr
- Satisfied Charges ₹ 80.25 Cr
- Revenue Growth 7.36%
- Profit Growth 109.15%
- Ebitda 33.28%
- Net Worth 8.56%
- Total Assets 7.02%
About Modicon
Modicon Private Limited (MPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 1984 and has a history of 40 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Modison Oxides Private Limited. The Company is engaged in the Energy And Power 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 6.00 M and a paid-up capital of Rs 4.66 M.
The company currently has active open charges totaling ₹25.50 Cr. The company has closed loans amounting to ₹80.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanwarmal Mody, Anandkumar Modi, and Amitkumar 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
U24110MH1984PTC032895
- Company No.
032895
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 May 1984
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Energy and Power
What products or services does Modicon Private Limited offer?
Modicon Private Limited offers a wide range of products and services, including Electrical & Electronic Connectors, Power Connectors, Iron & Copper Alloys, Brazing Alloys, Chemical Reagents & Catalysts, Catalysts, Alloys, Master Alloys, Precious Metals, Air Conditioning Recovery Machine.
Modicon Private Limited
Explore comprehensive data for Modicon Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Modicon?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anandkumar Modi  | Whole-Time Director | 01-Nov-2001 | Current |
| Sanwarmal Mody | Whole-Time Director | 16-May-1984 | Current |
| Amitkumar Modi | Whole-Time Director | 01-Apr-2012 | Current |
Financial Performance of Modicon.
Modicon Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.36% increase. The company also saw a substantial improvement in profitability, with a 109.15% increase in profit. The company's net worth moved up by a moderate rise of 8.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Modicon?
In 2023, Modicon had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
North Vector LlpAmitkumar Modi is a mutual person
Charges (Loans)
Open Charges
₹255.00 M
Satisfied Charges
₹802.50 M
Charges Breakdown by Lending Institutions
- Bank Of India : 19.50 Cr
- Others : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2018 | Others | ₹6.00 Cr | Open |
| 28 Jan 2008 | Bank Of India | ₹19.50 Cr | Open |
| 16 Jun 2008 | Bank Of India | ₹2.73 Cr | Satisfied |
| 03 Feb 1999 | Bank Of India | ₹4.75 Cr | Satisfied |
| 12 Aug 1996 | Bank Of India | ₹7.22 Cr | Satisfied |
How Many Employees Work at Modicon?
Modicon has a workforce of 113 employees as of Apr 09, 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 Modicon, 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 Modicon'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 Modicon
Recent activity within the organization
- Annual General Meeting
Modicon Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
- Balance Sheet
Modicon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 16 Jun 2008 via Charge ID 10115473 with Bank Of India was fully satisfied on 19 Aug 2019.
- Charges
A charge registered on 03 Feb 1999 via Charge ID 90215629 with Bank Of India was fully satisfied on 19 Aug 2019.
- Charges
A charge registered on 12 Aug 1996 via Charge ID 90215510 with Bank Of India was fully satisfied on 19 Aug 2019.
- Charges
A charge registered on 12 Aug 1994 via Charge ID 90215405 with Bank Of India was fully satisfied on 19 Aug 2019.
Frequently asked questions
What is the Incorporation or founding date of Modicon Private Limited?
Modicon Private Limited was incorporated on 16 May 1984.
What is authorized share capital and paid-up capital of Modicon Private Limited?
The authorized share capital of Modicon Private Limited is ₹ 6.00 M and paid-up capital is ₹ 4.66 M.
Who are the current board members & directors of Modicon Private Limited?
Currently 3 directors are associated with Modicon Private Limited.
- Sanwarmal Mody
- Anandkumar Sanwarmal Modi
- Amitkumar Sanwarmal Modi
What is the registered address of Modicon Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modicon Private Limited is 63 Nariman Bhavan 227 Point India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Modicon Private Limited?
The corporate identification number (CIN) of Modicon Private Limited is U24110MH1984PTC032895 and the company number is 032895 as per Ministry of Corporate Affairs (MCA).
What is the official website of Modicon Private Limited?
The Official website of Modicon Private Limited is https://www.modicon.net.in
What has been the recent revenue trend for Modicon Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modicon Private Limited has risen by 7.36%.
How many employees does Modicon Private Limited currently have?
As Per 2023 financial reports, 113 employees are currently employed by Modicon Private Limited.
What change has been observed in the net worth of Modicon Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Modicon Private Limited has experienced an upsurge of 8.56%.
What are the total open charges for Modicon Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Modicon Private Limited amount to ₹ 25.50 Cr.
When was the last Balance Sheet of Modicon Private Limited filed with the ROC?
The most recent Balance Sheet for Modicon Private Limited was filed with the ROC on 31 Mar 2024.
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