Modi & Modi Financial Services Private Limited

Modi & Modi Financial Services Private Limited - financial services in Secunderabad, Telangana, India. Directors, charges & compliance details.
CIN U70102TG2004PTC042687 Incorporated 18 February 2004 ROC Hyderabad HQ Secunderabad, Telangana, India
Converted to LLP Private Limited Company financial services
Data last updated
Revenue · FY 2015
₹25.74 Lakh
▲ 4% YoY
Net loss · FY 2015
₹4.99 Lakh
Net margin -19.4%
EBITDA · FY 2015
₹15.43 Lakh
EBITDA margin 60%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings
Last financials
Mar 2015
Balance sheet date

About Modi & Modi Financial Services Private Limited

Data last updated:

Modi & Modi Financial Services Private Limited was a private limited company based in Secunderabad, Telangana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 18 February 2004.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70102TG2004PTC042687.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Modi and Modi Real Estates Private Limited. It was led by directors including Kanan Nirav Modi and Nirav Pramod Modi.

Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 5 – 3 – 372 Rashtrapathi Road Secunderabad – 500 003. Secunderabad – 500 003., Telangana, India.

As per the financials filed for FY 2015, the company reported a revenue of ₹25.74 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹4.99 Lakh (net margin -19.4%) and EBITDA of ₹15.43 Lakh (EBITDA margin 60%).

Company details

CIN U70102TG2004PTC042687
Registration Number 042687
Incorporation Date 18 February 2004
ROC Hyderabad
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015

CIN history

Modi & Modi Financial Services has one previous CIN (Corporate Identification Number): U70102AP2004PTC042687. The current CIN is U70102TG2004PTC042687, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U70102TG2004PTC042687Current
U70102AP2004PTC042687Previous

Contact details

Modi & Modi Financial Services Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address is in the company report.

  • Email
  • Registered Address
    5 – 3 – 372 Rashtrapathi Road Secunderabad – 500 003. Secunderabad – 500 003., Telangana, India
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Modi & Modi Financial Services Private Limited, buy the company report.

Comprehensive company report
Modi & Modi Financial Services Private Limited - one report that includes everything
  • 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
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Financials of Modi & Modi Financial Services Private Limited

FY 2015 filings available

Modi & Modi Financial Services Private Limited reported revenue of ₹25.74 Lakh (up 4% YoY) for FY 2015.

Revenue · FY 2015
₹25.74 Lakh ▲ 4%
Net loss · FY 2015
₹4.99 Lakh margin -19.4%
EBITDA · FY 2015
₹15.43 Lakh margin 60%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
EBITDA CAGR growth
1 year
▼ 16%

Revenue rose 4% in the latest year. EBITDA fell 16% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹25.74 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹15.43 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.99 Lakh
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

MetricsFY 2014-15
Profitability
EBITDA Margin60%
Net Profit Margin-19.4%
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 Modi & Modi Financial Services Private Limited, buy the company report.

Board of directors of Modi & Modi Financial Services Private Limited

Modi & Modi Financial Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kanan Nirav ModiDirector16 Mar 200917 Years 7 MonthsAs last reported
Nirav Pramod ModiDirector18 Feb 200422 Years 8 MonthsAs last reported
Ashish Pramod ModiDirector18 Feb 200422 Years 8 MonthsAs last reported
Rupali Ashish ModiDirector16 Mar 200917 Years 7 MonthsAs last reported

Auditor

Modi & Modi Financial Services Private Limited is audited by A P T & CO LLP for the financial year 2015.

Auditor firmFinancial yearFirm registration number
A P T & CO LLPFY 2015014621C

Shareholding

The shareholding of Modi & Modi Financial Services Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2015
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Modi & Modi Financial Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Modi & Modi Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Modi & Modi Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Modi & Modi Financial Services Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Kanan Nirav Modi ceased to be Additional Director on 30 Sep 2009.

AGM
Modi & Modi Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Filing
Modi & Modi Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Hyderabad.
Ceased
Kanan Nirav Modi ceased to be Additional Director.
Ceased
Rupali Ashish Modi ceased to be Additional Director.
Appointed
Kanan Nirav Modi was appointed as Director.
Appointed
Rupali Ashish Modi was appointed as Director.
Appointed
Ashish Pramod Modi was appointed as Director.
Appointed
Nirav Pramod Modi was appointed as Director.
Incorporation
18 Feb 2004
Modi & Modi Financial Services Private Limited was registered on 18 Feb 2004 with Roc Hyderabad & aged 22 years 8 months as per MCA records.

Frequently asked questions

Modi & Modi Financial Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Modi & Modi Financial Services was a private limited company based in Secunderabad, Telangana, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 18 February 2004 and is registered under CIN U70102TG2004PTC042687. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Modi & Modi Financial Services is U70102TG2004PTC042687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Modi & Modi Financial Services had 4 directors:

Modi & Modi Financial Services was incorporated on 18 February 2004. It is registered with the Registrar of Companies, Hyderabad.

The registered office of Modi & Modi Financial Services is at 5 – 3 – 372 Rashtrapathi Road Secunderabad – 500 003. Secunderabad – 500 003., Telangana, India.

The latest financial statements of Modi & Modi Financial Services on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.

Modi & Modi Financial Services operated in the financial services industry, in the diversified financial services segment.

Kanan Nirav Modi ceased to be Additional Director on 30 Sep 2009. Rupali Ashish Modi ceased to be Additional Director on 30 Sep 2009. Kanan Nirav Modi was appointed as Director on 16 Mar 2009. Modi & Modi Financial Services has 6 board changes on record in total.

Yes. Modi & Modi Financial Services was formerly known as Modi And Modi Real Estates Private Limited.