Modway Suiting Private Limited

Synthetic fabric manufacturing company founded in 1986 in Rajasthan.

1986 | Bhilwara, Rajasthan (India) | Active
Last Updated: July 03, 2024

Modway Suiting Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 38 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 302.58 Cr
  • Satisfied Charges ₹ 14.26 Cr
  • Revenue Growth 8.00%
  • Profit Growth 73.30%
  • Ebitda -7.55%
  • Net Worth 5.94%
  • Total Assets -14.48%

About Modway Suiting

Modway Suiting Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 November 1986 and has a history of 38 years and two months. Its registered office is in Bhilwara, Rajasthan, India.

The Corporate was formerly known as Cyan Textile Private Limited. The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹302.58 Cr. The company has closed loans amounting to ₹14.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nasir Khan and Mohammed Khan serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18108RJ1986PTC003788

  • Company No.

    003788

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

Who are the key members and board of directors at Modway Suiting?

Board Members (2)

Name Designation Appointment Date Status
Nasir Khan Country flag representing In Director 15-Jan-2018 Current
Mohammed Khan Country flag representing In Director 15-Jan-2018 Current

Financial Performance of Modway Suiting.

Modway Suiting Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8% increase. The company also saw a substantial improvement in profitability, with a 73.3% increase in profit. The company's net worth moved up by a moderate rise of 5.94%.

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
8.00%
Revenue from Operations
7.93%
Total Assets
-14.48%
Profit or Loss
73.30%
Net Worth
5.94%
EBITDA
-7.55%

What is the Ownership and Shareholding Structure of Modway Suiting?

In 2023, Modway Suiting had a promoter holding of 83.29% and a public holding of 16.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹302.58 Cr

Satisfied Charges

₹14.26 Cr

Charges Breakdown by Lending Institutions

  • Others : 283.96 Cr
  • State Bank Of India : 17.62 Cr
  • Rajasthan State Industrial Development And Investment Corporation Ltd : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Nov 2021 State Bank Of India ₹1.92 Cr Open
24 Mar 2021 Others ₹283.96 Cr Open
23 Jul 2020 State Bank Of India ₹2.00 Cr Open
31 Mar 2018 State Bank Of India ₹7.70 Cr Open
31 Mar 2018 State Bank Of India ₹6.00 Cr Open

How Many Employees Work at Modway Suiting?

Modway Suiting has a workforce of 51 employees as of Mar 30, 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

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modway Suiting, 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 Modway Suiting'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 Modway Suiting

Recent activity within the organization

  • Annual General Meeting

    Modway Suiting 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. 283.96 Cr registered on 24 Mar 2021 with Charge ID 100444485 was modified on 24 Aug 2023.

    24 Aug 2023

  • Balance Sheet

    Modway Suiting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge registered on 15 Apr 2020 via Charge ID 100335211 with State Bank Of India was fully satisfied on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.92 Cr with Charge ID 100514487 was registered on 15 Nov 2021.

    15 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 283.96 Cr with Charge ID 100444485 was registered on 24 Mar 2021.

    24 Mar 2021

Frequently asked questions

  • Modway Suiting Private Limited was incorporated on 11 Nov 1986.

  • The authorized share capital of Modway Suiting Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Modway Suiting Private Limited.

    • Nasir Khan
    • Mohammed Sabir Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modway Suiting Private Limited is 470 Industrial Area Biliya Khurd Pur Road, Bhilwara, Rajasthan, India, 311001.

  • The corporate identification number (CIN) of Modway Suiting Private Limited is U18108RJ1986PTC003788 and the company number is 003788 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modway Suiting Private Limited is https://www.modwaysuiting.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modway Suiting Private Limited has risen by 8.00%.

  • As Per 2023 financial reports, 51 employees are currently employed by Modway Suiting Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modway Suiting Private Limited has experienced an upsurge of 5.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modway Suiting Private Limited amount to ₹ 302.58 Cr.

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

People also Viewed

Similar Companies Based on Textile & Fabric Production