Modern Merchandise Private Limited
About Modern Merchandise Private Limited
Data last updated:
Modern Merchandise Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 02 March 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN2011PTC136690.
The company had an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹2.77 Cr. It was led by directors including Rohit Malladi and Parvathi Malladi.
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹37.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.06 Cr (net margin 82.7%) and EBITDA of ₹37.5 Cr (EBITDA margin 99.8%). Revenue has grown at a compounded annual rate (CAGR) of 597% over three years.
Court records list 2 cases involving the company, including 2 filed by the company. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹24.38 Cr; the latest was in March 2014.
Company details
CIN history
Modern Merchandise has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909TN2011PTC136690, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909TN2011PTC136690 | Current |
| U51909MH2011PTC295802 | Previous |
| U51909WB2011PTC160071 | Previous |
Contact details
Modern Merchandise Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8th Floor Skcl Tech Square Plot No.Sp14 Thiru VI Ka Industrial Est, Ate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Modern Merchandise 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
Financials of Modern Merchandise Private Limited
FY 2023 filings availableModern Merchandise Private Limited reported revenue of ₹37.57 Cr (up 24517% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 597% over three years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.06 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.8% | ||||
| Net Profit Margin | 82.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Modern Merchandise Private Limited, buy the company report.
Board of directors of Modern Merchandise Private Limited
Modern Merchandise has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Malladi | Director | 30 Mar 2015 | 11 Years 6 Months | As last reported |
| Parvathi Malladi | Director | 22 Feb 2022 | 4 Years 8 Months | As last reported |
| Prashant Malladi | Director | 16 May 2022 | 4 Years 5 Months | As last reported |
Auditor
Modern Merchandise Private Limited is audited by H L SAINI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H L SAINI & CO. | FY 2023 | 136961W |
Shareholding
The shareholding of Modern Merchandise Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Merchandise Private Limited, buy the company report.
Deals & funding
Modern Merchandise Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹24.38 Cr; the latest was in March 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Shivrashi Mercantile Limited , an individual Seller: Rising Iron Merchants Private Limited , Rising Cloth Marketing Private Limited , Charming Distributors Private Limited |
| Mar 2011 | Funding round | ₹24.38 Cr | Investors: Dream Iron Merchants Private Limited , Omsai Saree Sales Private Limited , Rising Cloth Marketing Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Modern Merchandise Private Limited has 2 court cases on record: 2 filed by Modern Merchandise. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Modern Merchandise 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 Modern Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Modern Merchandise has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Modern Merchandise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Modern Merchandise Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Parvathi Malladi ceased to be Additional Director on 27 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Modern Merchandise has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Modern Merchandise was a private limited company based in Chennai, Tamil Nadu, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 02 March 2011 and is registered under CIN U51909TN2011PTC136690. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Modern Merchandise was incorporated on 02 March 2011. It is registered with the Registrar of Companies, Chennai.
Modern Merchandise had 3 directors:
- Rohit Malladi - Director
- Parvathi Malladi - Director
- Prashant Malladi - Director
The CIN (Corporate Identification Number) of Modern Merchandise is U51909TN2011PTC136690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Modern Merchandise is at 8th Floor Skcl Tech Square Plot No.Sp14 Thiru VI Ka Industrial Est, Ate Guindy, Chennai, Tamil Nadu, India – 600032.
The latest financial statements of Modern Merchandise on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from 2015 are in the company report.
Modern Merchandise operated in the financial services industry, in the brokerage and trading services segment.
Modern Merchandise has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹24.38 Cr; the latest was in March 2014.
Modern Merchandise has 2 court cases on record: 2 filed by the company.