Modular Rack Systems Private Limited logo

Modular Rack Systems Private Limited

Designs and supplies enclosures for IT, telecom, and industrial electronics sectors.
2013 | Bangalore, Karnataka (India) | Active

Last Updated:

July 03, 2024
HomeCompanyModular Rack Systems Private Limited

Who are the key members and board of directors at Modular Rack Systems?

Board Members(2)

NameDesignationAppointment DateStatus
Hulipura Rangaswamy In Director 20-Jun-2013Current
Sheela In Director 20-Jun-2013Current

Financial Performance of Modular Rack Systems.

Modular Rack Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.37% increase. The company also saw a slight improvement in profitability, with a 6.83% increase in profit. The company's net worth Soared by an impressive increase of 18.19%.

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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
28.37%
Revenue from Operations
28.37%
Total Assets
-16.78%
Profit or Loss
6.83%
Net Worth
18.19%
EBITDA
51.79%

Charges (Loans)

Open Charges Satisfied Charges

₹13.02 M

₹15.55 M

LenderAmountStatus

Canara Bank

Creation Date: 12 Dec 2023
₹5.75 MOpen

Tata Capital Financial Services Limited

Creation Date: 17 Feb 2022
₹7.27 MOpen

Canara Bank

Creation Date: 27 Mar 2018
₹1.35 CrSatisfied

How Many Employees Work at Modular Rack Systems?

Modular Rack Systems has a workforce of 108 employees as of Apr 06, 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 Modular Rack Systems

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 5.75 M with Charge ID 100829522 was registered on 12 Dec 2023.

    12 Dec 2023

  • Annual General Meeting

    Modular Rack Systems Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Modular Rack Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 7.27 M with Charge ID 100543419 was registered on 17 Feb 2022.

    17 Feb 2022

  • Charges

    A charge registered on 27 Mar 2018 via Charge ID 100197240 with Canara Bank was fully satisfied on 05 Nov 2020.

    05 Nov 2020

  • Charges

    A charge registered on 15 Sep 2017 via Charge ID 100126104 with Canara Bank was fully satisfied on 05 Nov 2020.

    05 Nov 2020

Frequently asked questions

  • Modular Rack Systems Private Limited was incorporated on 20 Jun 2013.

  • The authorized share capital of Modular Rack Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Modular Rack Systems Private Limited.

    • Sheela
    • Hulipura Lingaiah Rangaswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modular Rack Systems Private Limited is No.189 & 190 Nadikerappa Industrial Estate Heganahalli Vishwaneedam Post, Bangalore, Karnataka, India, 560091.

  • The corporate identification number (CIN) of Modular Rack Systems Private Limited is U74900KA2013PTC069783 and the company number is 069783 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modular Rack Systems Private Limited is https://www.mrsrack.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modular Rack Systems Private Limited has risen by 28.37%.

  • As Per 2023 financial reports, 108 employees are currently employed by Modular Rack Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modular Rack Systems Private Limited has experienced an upsurge of 18.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modular Rack Systems Private Limited amount to ₹ 1.30 Cr.

  • The most recent Balance Sheet for Modular Rack Systems Private Limited was filed with the ROC on 31 Mar 2023.

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