Modtech Machines Private Limited

Manufactures industrial machinery and equipment for investment casting foundry units.

1990 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 31, 2024

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

Board Members (3)

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

Financial Performance 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%.

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
-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

₹15.00 Cr

Satisfied Charges

₹12.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2024Others₹15.00 CrOpen
05 Jan 2018Others₹4.35 MSatisfied
20 Dec 2016Others₹6.06 CrSatisfied
19 Mar 2009Dena Bank₹1.35 CrSatisfied
05 Mar 2009Dena Bank₹3.56 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.

Graph showing employee growth trends

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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 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 20 Jan 2024 with Charge ID 100877512 was modified on 08 Aug 2024.

    08 Aug 2024

  • Balance Sheet

    Modtech Machines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 05 Jan 2018 via Charge ID 100172064 with Others was fully satisfied on 06 Feb 2024.

    06 Feb 2024

  • Charges

    A charge registered on 20 Dec 2016 via Charge ID 100068273 with Others was fully satisfied on 06 Feb 2024.

    06 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100877512 was registered on 20 Jan 2024.

    20 Jan 2024

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.

    • Kishansinh Hardevsinh Gohil
    • Dilipkumar Vijaykumar Thakkar
    • Varun Udayanbhai Gajjar
  • 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 India, Moraiya, Gujarat, 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 ₹ 15.00 Cr.

  • The most recent Balance Sheet for Modtech Machines Private Limited was filed with the ROC on 31 Mar 2024.

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