Modison Limited

Manufactures electrical contacts for LV and HV switch gears in India.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated:

Modison Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.25 Cr
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 109.80 Cr
  • Satisfied Charges ₹ 302.80 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 ten 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 2024. 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 ₹109.80 Cr. The company has closed loans amounting to ₹302.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modison Limited India are Pooja Sinha as Company Secretary, Ramesh Kothari as Cfo, and Murlidhar Narayan as Ceo. Rajkumar Modi, Ashok Jatia, Jayant Kulkarni, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    modison.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51900MH1983PLC029783

  • Company No.

    029783

  • Stock Symbol

    BSE : 506261 NSE : MODISNME

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 1983

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

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)

NameDesignationAppointment DateStatus
Rajkumar Modi Country flag representing In Managing Director09-Jun-1998Current
Pooja Sinha Company Secretary28-Feb-2025Current
Ramesh Kothari Country flag representing In CFO26-May-2014Current
Murlidhar Narayan CEO24-Feb-2023Current
Kumar Modi Country flag representing In Managing Director01-Apr-2012Current
Girdhari Modi Country flag representing In Managing Director09-Jul-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Jatia Country flag representing In Director 02-Nov-2015Current
Jayant Kulkarni Country flag representing In Director 09-Nov-2022Current
Preeti Shah Country flag representing In Director 13-Aug-2024Current

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%.

Modison revenue growth over time
Modison 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
-1.46%
Revenue from Operations
-1.42%
Total Assets
3.41%
Profit or Loss
-23.57%
Net Worth
6.43%
EBITDA
-19.39%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹109.80 Cr

Satisfied Charges

₹302.80 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 107.50 Cr
  • Bank Of India : 1.74 Cr
  • Gujarat Indsutries Investment Corp. Ltd. : 0.56 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jun 2017Hdfc Bank Limited₹107.50 CrOpen
25 Mar 1998Bank Of India₹1.74 CrOpen
17 Oct 1994Gujarat Indsutries Investment Corp. Ltd.₹5.60 MOpen
18 Nov 2021Others₹20.00 CrSatisfied
11 Sep 2013Bank Of India₹3.87 CrSatisfied

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.

Employee growth trends for Modison Limited

Deals i

Graph showing company valuation over time

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

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 Modison

Recent activity within the organization

  • Director Appointment

    Pooja Birendra Sinha was appointed as a Company Secretary was appointed as a Company Secretary on 28 Feb 2025 & has been associated with this company since 4 days .

  • Charges

    A charge registered on 18 Nov 2021 via Charge ID 100504063 with Others was fully satisfied on 21 Oct 2024.

  • Director Appointment

    Preeti Arvind Shah was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 6 months 22 days .

  • Annual General Meeting

    Modison Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 107.50 Cr registered on 06 Jun 2017 with Charge ID 100107164 was modified on 22 Jul 2024.

  • Balance Sheet

    Modison Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Modison Limited?

    Modison Limited was incorporated on 13 Apr 1983.

  • What is authorized share capital and paid-up capital of Modison Limited?

    The authorized share capital of Modison Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.25 Cr.

  • Who are the current board members & directors of Modison Limited?

    Currently 9 directors are associated with Modison Limited.

    • Rajkumar Mohanlal Modi
    • Pooja Birendra Sinha
    • Ramesh Mangilal Kothari
    • Murlidhar Nikam Narayan
    • Ashok Shantilal Jatia
    • Jayant Govindrao Kulkarni
    • Kumar Jay Modi
    • Girdhari Lal Modi
    • Preeti Arvind Shah
  • What is the registered address of Modison Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modison Limited is 33 Nariman Bhavan 227 Nariman Point, India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Modison Limited?

    The corporate identification number (CIN) of Modison Limited is L51900MH1983PLC029783 and the company number is 029783 as per Ministry of Corporate Affairs (MCA).

  • Is Modison Limited registered with any stock exchange in India?

    Yes, Modison Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MODISNME.

  • What is the official website of Modison Limited?

    The Official website of Modison Limited is https://www.modison.com

  • What has been the recent revenue trend for Modison Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Modison Limited has fallen by -1.46%.

  • What change has been observed in the net worth of Modison Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Modison Limited has experienced an upsurge of 6.43%.

  • What are the total open charges for Modison Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Modison Limited amount to ₹ 109.80 Cr.

  • When was the last Balance Sheet of Modison Limited filed with the ROC?

    The most recent Balance Sheet for Modison Limited was filed with the ROC on 31 Mar 2024.

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