Modem Vyapaar Private Limited
About Modem Vyapaar Private Limited
Data last updated:
Modem Vyapaar Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 26 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2007PTC114654.
The company has an authorised share capital of ₹88 Lakh and a paid-up capital of ₹87.5 Lakh. It is led by directors Bikash Adhikary and Ramen Chatterjee.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Fe – 83 Sector – III Salt – Lake City, Kolkata, West Bengal, India – 700106.
As per the financials filed for FY 2021, the company reported a revenue of ₹22,995, a growth of 125% compared to the previous year. For the same year it recorded a net loss of ₹82.85 Lakh and EBITDA of -₹82.85 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 55% over five years.
Its group structure includes 2 subsidiaries.
Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Modem Vyapaar Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFe – 83 Sector – III Salt – Lake City, Kolkata, West Bengal, India – 700106
- IndustryFinancial Services, Financial Activities
To see the full contact details of Modem Vyapaar Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Modem Vyapaar is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Modem Vyapaar Private Limited, buy the company report.
Financials of Modem Vyapaar Private Limited
FY 2021 filings availableModem Vyapaar Private Limited reported revenue of ₹22,995 (up 125% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 125% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 55%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹82.85 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹82.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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To see the full financial statements and ratios of Modem Vyapaar Private Limited, buy the company report.
Board of directors of Modem Vyapaar Private Limited
Modem Vyapaar has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bikash Adhikary Also directs: A T N International Limited, Shambhu Agencies Private Limited, Damodar Distributers Private Limited and 3 more | Director | 08 Sep 2016 | 10 Years 2 Months | Current |
| Ramen Chatterjee | Director | 01 Jun 2013 | 13 Years 5 Months | Current |
Peer comparison
Modem Vyapaar Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yadhukulam Chits Private Limited | ₹23,102 (FY 2025) | 20168.0% | Kozhikode, Kerala, India | |||
| Right Choice Vinimay Pvt Ltd | ₹23,050 (FY 2016) | 13.0% | Kolkata, West Bengal, India | |||
| Richwell Financiers Limited | ₹23,003 (FY 2021) | Paota, Rajasthan, India | ||||
| Movefast Corporate Services Private Limited | ₹23,001 (FY 2016) | 77.0% | Mumbai, Maharashtra, India | |||
| Kavalayil Chit Private Limited | ₹23,000 (FY 2019) | -8.0% | Elamannoor, Kerala, India | |||
| Modem Vyapaar Private Limitedthis company | ₹22,995 (FY 2021) | -₹82.85 Lakh | 125.0% | Kolkata, West Bengal, India | ||
| Ferm Institute Private Limited | ₹22,984 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Isewa Business Solution Private Limited | ₹22,952 (FY 2018) | 18.0% | Jamui, Bihar, India | |||
| Onesta Business Services Private Limited | ₹22,924 (FY 2019) | New Delhi, Delhi, India | ||||
| Kotfin Nidhi Limited | ₹22,900 (FY 2022) | -68.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Modem Vyapaar Private Limited, buy the company report.
Auditor
Modem Vyapaar Private Limited is audited by Barkha & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Barkha & Associates | FY 2017 | 327573E |
Shareholding
The shareholding of Modem Vyapaar Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Modem Vyapaar Private Limited, buy the company report.
Legal cases
Modem Vyapaar Private Limited has 4 court cases on record: 4 filed by Modem Vyapaar. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against R.M. Bhuther and Company Limited and 4 others | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against M.B. Development Corporation | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against M B Development Corporation and Ors. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M B Development Corporation and 2 others | Disposed |
To see the full case history of Modem Vyapaar Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modem Vyapaar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Modem Vyapaar has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rishi Distributors Private Limited | U51101WB2010PTC148733 | |
| Jumbo Vinimay Private Limited | U52100WB2010PTC148185 |
To see the full group structure of Modem Vyapaar Private Limited, buy the company report.
GST
No GST registration is on our record for Modem Vyapaar Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Modem Vyapaar Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Bikash Adhikary ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Modem Vyapaar is an active private limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 26 March 2007 (19+ years old) and is registered under CIN U51109WB2007PTC114654.
Modem Vyapaar has 2 current directors:
- Bikash Adhikary - Director
- Ramen Chatterjee - Director
The latest financial statements of Modem Vyapaar on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Modem Vyapaar is U51109WB2007PTC114654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modem Vyapaar has 4 court cases on record: 4 filed by the company. 2 are pending.
Modem Vyapaar was incorporated on 26 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Modem Vyapaar by revenue are Yadhukulam Chits Private Limited, Right Choice Vinimay Pvt Ltd, Richwell Financiers Limited, Movefast Corporate Services Private Limited, Kavalayil Chit Private Limited and 4 more, all in the same principal business activity (other financial activities).
Bikash Adhikary ceased to be Additional Director on 29 Sep 2017. Bikash Adhikary was appointed as Director on 08 Sep 2016. Tarashankar Chatterjee ceased to be Director on 08 Sep 2016. Modem Vyapaar has 8 board changes on record in total.
The registered office of Modem Vyapaar is at Fe – 83 Sector – III Salt – Lake City, Kolkata, West Bengal, India – 700106.
Modem Vyapaar operates in the financial services industry, in the financial activities segment.
The compliance status of Modem Vyapaar is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
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