Modtech Machines Private Limited logo

Modtech Machines Private Limited

Manufactures industrial machinery and equipment for investment casting foundry units.
1990 | Ahmedabad, Gujarat (India) | Active

Last Updated:

June 26, 2024
HomeCompanyModtech Machines Private Limited

Who are the key members and board of directors at Modtech Machines?

Board Members(3)

NameDesignationAppointment DateStatus
Varun Gajjar In Director 24-May-2023Current
Dilipkumar Thakkar In Director 24-May-2023Current
Kishansinh Gohil In Director 12-Apr-2004Current

Financial Performance and Corporate Structure Insights of Modtech Machines.

Modtech Machines Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.94% decrease. The company also saw a substantial fall in profitability, with a 860.84% decrease in profit. The company's net worth observed a substantial decline by a decrease of 94.85%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.94%
Revenue from Operations
-33.46%
Total Assets
-19.93%
Profit or Loss
-860.84%
Net Worth
-94.85%
EBITDA
-1559.83%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹6.49 Cr

₹5.71 Cr

LenderAmountStatus

Others

Creation Date: 05 Jan 2018
₹4.35 MOpen

Others

Creation Date: 20 Dec 2016
₹6.06 CrOpen

Dena Bank

Creation Date: 19 Mar 2009
₹1.35 CrSatisfied

How Many Employees Work at Modtech Machines?

Modtech Machines has a workforce of 93 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Modtech Machines

Recent activity within the organization

  • Annual General Meeting

    Modtech Machines Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 6.06 Cr registered on 20 Dec 2016 with Charge ID 100068273 was modified on 19 Jul 2023.

    19 Jul 2023

  • Director Appointment

    Dilipkumar Vijaykumar Thakkar was appointed as a Director was appointed as a Director on 24 May 2023 & has been associated with this company since 1 year 5 months .

    24 May 2023

  • Director Appointment

    Varun Udayanbhai Gajjar was appointed as a Director was appointed as a Director on 24 May 2023 & has been associated with this company since 1 year 5 months .

    24 May 2023

  • Balance Sheet

    Modtech Machines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100172064 was registered on 05 Jan 2018.

    05 Jan 2018

Frequently asked questions

  • Modtech Machines Private Limited was incorporated on 14 Nov 1990.

  • The authorized share capital of Modtech Machines Private Limited is ₹ 3.25 Cr and paid-up capital is ₹ 3.06 Cr.

  • Currently 3 directors are associated with Modtech Machines Private Limited.

    • Dilipkumar Vijaykumar Thakkar
    • Varun Udayanbhai Gajjar
    • Kishansinh Hardevsinh Gohil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modtech Machines Private Limited is Survey No. 396. Plot No 73 P New Ahmedabad, Industrial Estate Sarkhej-Bavla Highway Ta: Sanand, Moraiya, Gujarat, India, 382213.

  • The corporate identification number (CIN) of Modtech Machines Private Limited is U17110GJ1990PTC014642 and the company number is 014642 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modtech Machines Private Limited is https://www.modtechworld.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Modtech Machines Private Limited has fallen by -32.94%.

  • As Per 2022 financial reports, 93 employees are currently employed by Modtech Machines Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Modtech Machines Private Limited has experienced an downturn of -94.85%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Modtech Machines Private Limited amount to ₹ 6.49 Cr.

  • The most recent Balance Sheet for Modtech Machines Private Limited was filed with the ROC on 31 Mar 2023.

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