Modular Rack Systems Private Limited

Designs and supplies enclosures for IT, telecom, and industrial electronics sectors.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: January 23, 2025

Modular Rack Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.30 Cr
  • Satisfied Charges ₹ 1.56 Cr
  • Revenue Growth 23.26%
  • Profit Growth 23.24%
  • Ebitda 9.42%
  • Net Worth 18.97%
  • Total Assets 20.18%

About Modular Rack Systems

Modular Rack Systems Private Limited (MRSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 June 2013 and has a history of 11 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹1.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hulipura Rangaswamy and Sheela serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mrsrack.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2013PTC069783

  • Company No.

    069783

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Modular Rack Systems Private Limited offer?

Modular Rack Systems Private Limited offers a wide range of products and services, including Electric Circuit Components & Spares, Telecom Rack, Computer Stationery Products, Keyboard Accessories, Laboratory Tables, Cabling Service, Cable Organizers, Earthing Equipment, Grounding Kit, Electrical & Signaling Contractors.

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

Financial Performance of Modular Rack Systems.

Modular Rack Systems Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 23.26% increase. The company also saw a substantial improvement in profitability, with a 23.24% increase in profit. The company's net worth Soared by an impressive increase of 18.97%.

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
23.26%
Revenue from Operations
23.26%
Total Assets
20.18%
Profit or Loss
23.24%
Net Worth
18.97%
EBITDA
9.42%

What is the Ownership and Shareholding Structure of Modular Rack Systems?

Unlock access to Modular Rack Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.02 M

Satisfied Charges

₹15.55 M

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 0.73 Cr
  • Canara Bank : 0.58 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2023Canara Bank₹5.75 MOpen
17 Feb 2022Tata Capital Financial Services Limited₹7.27 MOpen
27 Mar 2018Canara Bank₹1.35 CrSatisfied
15 Sep 2017Canara Bank₹0.40 MSatisfied
22 Sep 2016Canara Bank₹1.65 MSatisfied

How Many Employees Work at Modular Rack Systems?

Modular Rack Systems has a workforce of 126 employees as of Jan 22, 2025. 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modular Rack Systems, 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 Modular Rack Systems'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 Modular Rack Systems

Recent activity within the organization

  • Annual General Meeting

    Modular Rack Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Modular Rack Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • 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

  • 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

  • What is the Incorporation or founding date of Modular Rack Systems Private Limited?

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

  • What is authorized share capital and paid-up capital of Modular Rack Systems Private Limited?

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

  • Who are the current board members & directors of Modular Rack Systems Private Limited?

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

    • Hulipura Lingaiah Rangaswamy
    • Sheela
  • What is the registered address of Modular Rack Systems Private Limited?

    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, India, Bangalore, Karnataka, 560091.

  • What is the corporate identification number (CIN) and company number of Modular Rack Systems Private Limited?

    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).

  • What is the official website of Modular Rack Systems Private Limited?

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

  • What has been the recent revenue trend for Modular Rack Systems Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Modular Rack Systems Private Limited has risen by 23.26%.

  • How many employees does Modular Rack Systems Private Limited currently have?

    As Per 2024 financial reports, 126 employees are currently employed by Modular Rack Systems Private Limited.

  • What change has been observed in the net worth of Modular Rack Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Modular Rack Systems Private Limited has experienced an upsurge of 18.97%.

  • What are the total open charges for Modular Rack Systems Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Modular Rack Systems Private Limited amount to ₹ 1.30 Cr.

  • When was the last Balance Sheet of Modular Rack Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Modular Rack Systems Private Limited was filed with the ROC on 31 Mar 2024.