Modweave International Private Limited

Manufacturer of polypropylene bags and woven fabrics for various industries.

2020 | Gorakhpur, Uttar Pradesh (India) | Active
Last Updated: November 16, 2024

Modweave International Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.60 Cr
  • Revenue Growth -4.84%
  • Profit Growth 10.02%
  • Ebitda -3.20%
  • Net Worth 8.41%
  • Total Assets -8.64%

About Modweave International

Modweave International Private Limited (MIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 August 2020 (Four years and six months 0 days old ). Its registered office is in Gorakhpur, Uttar Pradesh, India.

The Company is engaged in the Packaging 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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹24.60 Cr.

Vikash Agrawal and Varun Bathwal serve as directors at the Company.

Company Details

  • Location

    Gorakhpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    modernsacks.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209UP2020PTC133397

  • Company No.

    133397

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Packaging

Who are the key members and board of directors at Modweave International?

Board Members (2)

NameDesignationAppointment DateStatus
Vikash Agrawal Country flag representing In Director 17-Jan-2022Current
Varun Bathwal Country flag representing In Director 26-Aug-2020Current

Financial Performance of Modweave International.

Modweave International Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.84% decrease. The company also saw a substantial improvement in profitability, with a 10.02% increase in profit. The company's net worth moved up by a moderate rise of 8.41%.

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
-4.84%
Revenue from Operations
-4.84%
Total Assets
-8.64%
Profit or Loss
10.02%
Net Worth
8.41%
EBITDA
-3.20%

What is the Ownership and Shareholding Structure of Modweave International?

In 2023, Modweave International had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.60 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.60 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jan 2021State Bank Of India₹24.60 CrOpen

How Many Employees Work at Modweave International?

Modweave International has a workforce of 32 employees as of Apr 07, 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 Modweave International, 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 Modweave International'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 Modweave International

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Modweave International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Director Appointment

    Vikash Kailashchandra Agrawal was appointed as a Director was appointed as a Director on 17 Jan 2022 & has been associated with this company since 3 years 1 month .

    17 Jan 2022

  • Charges

    A charge with State Bank Of India of Rs. 24.60 Cr registered on 08 Jan 2021 with Charge ID 100409573 was modified on 23 Dec 2021.

    23 Dec 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 24.60 Cr with Charge ID 100409573 was registered on 08 Jan 2021.

    08 Jan 2021

  • Director Appointment

    Varun Bathwal was appointed as a Director was appointed as a Director on 26 Aug 2020 & has been associated with this company since 4 years 6 months .

    26 Aug 2020

Frequently asked questions

  • Modweave International Private Limited was incorporated on 26 Aug 2020.

  • The authorized share capital of Modweave International Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 2 directors are associated with Modweave International Private Limited.

    • Vikash Kailashchandra Agrawal
    • Varun Bathwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modweave International Private Limited is Hotel Clark Grand 6 Park Road India, Gorakhpur, Uttar Pradesh, 273001.

  • The corporate identification number (CIN) of Modweave International Private Limited is U25209UP2020PTC133397 and the company number is 133397 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Modweave International Private Limited is https://www.modernsacks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Modweave International Private Limited has fallen by -4.84%.

  • As Per 2023 financial reports, 32 employees are currently employed by Modweave International Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Modweave International Private Limited has experienced an upsurge of 8.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Modweave International Private Limited amount to ₹ 24.60 Cr.

  • The most recent Balance Sheet for Modweave International Private Limited was filed with the ROC on 31 Mar 2024.

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