Modway Suiting Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 38 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 300.58 Cr
- Satisfied Charges ₹ 16.26 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 four 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 2024. 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 ₹300.58 Cr. The company has closed loans amounting to ₹16.26 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
- Website
- 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
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- 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  | Director | 15-Jan-2018 | Current |
| Mohammed Khan | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Swaraj Suiting Limited
Nasir Khan and Mohammed Khan are mutual person
- Jamuna Synthetics Private Limited
Nasir Khan is a mutual person
- Divine Suiting Private Limited
Mohammed Khan is a mutual person
- Sakina Textile Private Limited
Mohammed Khan is a mutual person
- Gomoto Textiles Private Limited
Mohammed Khan is a mutual person
Charges (Loans)
Open Charges
₹300.58 Cr
Satisfied Charges
₹16.26 Cr
Charges Breakdown by Lending Institutions
- Others : 283.96 Cr
- State Bank Of India : 15.62 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 |
| 31 Mar 2018 | State Bank Of India | ₹7.70 Cr | Open |
| 31 Mar 2018 | State Bank Of India | ₹6.00 Cr | Open |
| 12 Jan 1996 | Rajasthan State Industrial Development And Investment Corporation Ltd | ₹1.00 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.
Deals i
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
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.
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 27 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 23 Jul 2020 via Charge ID 100354828 with State Bank Of India was fully satisfied on 08 Jul 2024.
- Balance Sheet
Modway Suiting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
- 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.
- Charges
A charge registered on 15 Apr 2020 via Charge ID 100335211 with State Bank Of India was fully satisfied on 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.
Frequently asked questions
What is the Incorporation or founding date of Modway Suiting Private Limited?
Modway Suiting Private Limited was incorporated on 11 Nov 1986.
What is authorized share capital and paid-up capital of Modway Suiting Private Limited?
The authorized share capital of Modway Suiting Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Modway Suiting Private Limited?
Currently 2 directors are associated with Modway Suiting Private Limited.
- Nasir Khan
- Mohammed Sabir Khan
What is the registered address of Modway Suiting Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Modway Suiting Private Limited is 470 Industrial Area Biliya Khurd Pur Road, India, Bhilwara, Rajasthan, 311001.
What is the corporate identification number (CIN) and company number of Modway Suiting Private Limited?
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).
What is the official website of Modway Suiting Private Limited?
The Official website of Modway Suiting Private Limited is https://www.modwaysuiting.com
What has been the recent revenue trend for Modway Suiting Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Modway Suiting Private Limited has risen by 8.00%.
How many employees does Modway Suiting Private Limited currently have?
As Per 2023 financial reports, 51 employees are currently employed by Modway Suiting Private Limited.
What change has been observed in the net worth of Modway Suiting Private Limited, and by what percentage?
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%.
What are the total open charges for Modway Suiting Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Modway Suiting Private Limited amount to ₹ 300.58 Cr.
When was the last Balance Sheet of Modway Suiting Private Limited filed with the ROC?
The most recent Balance Sheet for Modway Suiting Private Limited was filed with the ROC on 31 Mar 2024.
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