Modutec Ready Panels Profile
Key Indicators
- Authorised Capital ₹ 2.40 M
- Paid Up Capital ₹ 0.11 M
- Company Age 18 Year, 6 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.96 Cr
- Satisfied Charges ₹ 1.71 Cr
- Revenue Growth 32.53%
- Profit Growth 106.33%
- Ebitda 128.59%
- Net Worth 289.41%
- Total Assets 21.28%
About Modutec Ready Panels
Modutec Ready Panels Private Limited (MRPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 February 2007 and has a history of 18 years. Its registered office is in Bangalore, Karnataka.
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 2023. It's a company limited by shares with an authorized capital of Rs 2.40 M and a paid-up capital of Rs 0.11 M.
The company currently has active open charges totaling ₹1.96 Cr. The company has closed loans amounting to ₹1.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mani Ramani, Sukanya Ramani, and Srivathsala Nandagopal serve as directors at the Company.
Company Details
- Location Bangalore, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31200KA2007PTC041803
- Company No.
041803
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Feb 2007
- Date of AGM
05 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Modutec Ready Panels Private Limited offer?
Modutec Ready Panels Private Limited offers a wide range of products and services, including Enclosures & Cabinets, Metal Enclosures, Electrical Panels & Distribution Box, Electric Control Panel.
Who are the key members and board of directors at Modutec Ready Panels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mani Ramani  | Managing Director | 16-Feb-2007 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sukanya Ramani | Director | 16-Feb-2007 | Current |
| Srivathsala Nandagopal | Director | 18-Aug-2020 | Current |
Financial Performance of Modutec Ready Panels.
Modutec Ready Panels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.53% increase. The company also saw a substantial improvement in profitability, with a 106.33% increase in profit. The company's net worth Soared by an impressive increase of 289.41%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Modutec Ready Panels?
In 2023, Modutec Ready Panels had a promoter holding of 87.49% and a public holding of 12.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Wintrans Consultancy Private LimitedSrivathsala Nandagopal is a mutual person
Vandyam Sattvik Bliss Private LimitedSrivathsala Nandagopal is a mutual person
Vandyam FoundationSrivathsala Nandagopal is a mutual person
Sampurna Reliability Excellence Private LimitedSrivathsala Nandagopal is a mutual person
Load Controls India Private LimitedMani Ramani, Sukanya Ramani and 1 more are mutual person
Fintrans Investment Services Private LimitedSrivathsala Nandagopal is a mutual person
Charges (Loans)
₹19.60 M
₹17.08 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2023 | Hdfc Bank Limited | ₹1.96 Cr | Open |
| 17 Feb 2021 | Canara Bank | ₹1.60 Cr | Satisfied |
| 24 Jul 2020 | Canara Bank | ₹0.68 M | Satisfied |
| 07 May 2020 | Canara Bank | ₹0.40 M | Satisfied |
How Many Employees Work at Modutec Ready Panels?
Modutec Ready Panels has a workforce of 75 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Modutec Ready Panels, 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 Modutec Ready Panels's trajectory.
Rating
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
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.