Modison Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 3.25 Cr
- Company Age 41 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 84.80 Cr
- Satisfied Charges ₹ 282.80 Cr
- Revenue Growth -1.46%
- Profit Growth -23.57%
- Ebitda -19.39%
- Net Worth 6.43%
- Total Assets 3.41%
About Modison
Modison Limited (ML) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 April 1983 and has a history of 41 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506261 and on the National Stock Exchange(NSE) under MODISNME.
The Corporate was formerly known as Anuj Commercial 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 3.25 Cr.
The company currently has active open charges totaling ₹84.80 Cr. The company has closed loans amounting to ₹282.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Modison Limited India are Murlidhar Narayan as Ceo, Ramesh Kothari as Cfo, and Reema Solanki as Company Secretary. Girdhari Modi, Rajkumar Modi, Kumar Modi, and Three other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
What products or services does Modison Limited offer?
Modison Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Silver Compounds, Cufflink, Buttons, Zippers & Buckles, Metal Buttons, Welding, Rods, Electrodes & Wires, Welding Electrodes, Copper & Brass Products, Industrial Copper, Iron & Copper Alloys, Precious Metal Alloys.
Who are the key members and board of directors at Modison?
Executive Team (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajkumar Modi
|
Managing Director | 09-Jun-1998 | Current |
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Girdhari Modi
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Managing Director | 09-Jul-2015 | Current |
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Kumar Modi
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Managing Director | 01-Apr-2012 | Current |
| Murlidhar Narayan | CEO | 24-Feb-2023 | Current |
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Ramesh Kothari
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CFO | 26-May-2014 | Current |
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Reema Solanki
|
Company Secretary | 28-Feb-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Jayant Kulkarni
|
Director | 09-Nov-2022 | Current |
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Rita Bhatia
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Director | 27-Oct-2014 | Current |
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Ashok Jatia
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Director | 10-Aug-2015 | Current |
Financial Performance of Modison.
Modison Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.46% decrease. The company also saw a substantial fall in profitability, with a 23.57% decrease in profit. The company's net worth moved up by a moderate rise of 6.43%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Modison?
In 2023, Modison had a promoter holding of 52.11% and a public holding of 47.89%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hydrogenium Plus Technology Private LimitedGirdhari Modi and Rajkumar Modi are mutual person
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Skipperseil LimitedJayant Kulkarni is a mutual person
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Dishah Innovative Solutions Private LimitedGirdhari Modi is a mutual person
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Associated Hospitality Private LimitedReema Solanki is a mutual person
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Kryfs Power Components LimitedJayant Kulkarni is a mutual person
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Modison Chemtech Private LimitedGirdhari Modi, Rajkumar Modi and 1 more are mutual person
Charges (Loans)
₹84.80 Cr
₹282.80 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 62.50 Cr
- Others : 20.00 Cr
- Bank Of India : 1.74 Cr
- Gujarat Indsutries Investment Corp. Ltd. : 0.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2021 | Others | ₹20.00 Cr | Open |
| 06 Jun 2017 | Hdfc Bank Limited | ₹62.50 Cr | Open |
| 25 Mar 1998 | Bank Of India | ₹1.74 Cr | Open |
| 17 Oct 1994 | Gujarat Indsutries Investment Corp. Ltd. | ₹5.60 M | Open |
| 11 Sep 2013 | Bank Of India | ₹3.87 Cr | Satisfied |
How Many Employees Work at Modison?
Unlock and access historical data on people associated with Modison, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Modison, 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 Modison'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.
