Modern Foundtry (Ahmedabad ) Private Limited
About Modern Foundtry (Ahmedabad ) Private Limited
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Modern Foundtry (Ahmedabad ) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 11 January 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1988PTC010261. Its GSTIN is 24AABCM4602N1ZK (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Modern Foundtry Ahmedabad Pvt Ltd and Ahmedabad. It is led by directors Alpaben Rakeshbhai Pandya and Rakeshkumar Manubhai Pandya.
Its last annual general meeting (AGM) was held on 21 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18 Hitendra Industrial Estateopp T B Hospital Naroda, Ahmedabad, Gujarat, India – 382345.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.39 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹3.69 Lakh (net margin -2.6%) and EBITDA of ₹3.97 Lakh (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over five years.
As per MCA filings, the company has open charges of ₹33.15 Lakh on record. Court records list 710 cases involving the company, including 66 filed by the company and 645 filed against it; 110 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Modern Foundtry (Ahmedabad ) has undergone 2 name changes throughout its history. The company was previously known as Modern Foundtry Ahmedabad Pvt Ltd, and Ahmedabad. The current legal name is Modern Foundtry (Ahmedabad ) Private Limited.
| Company Name | Status |
|---|---|
| Modern Foundtry (Ahmedabad ) Private Limited | Current |
| Modern Foundtry Ahmedabad Pvt Ltd | Previous |
| Ahmedabad | Previous |
Contact details
Modern Foundtry (Ahmedabad ) Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address18 Hitendra Industrial Estateopp T B Hospital Naroda, Ahmedabad, Gujarat, India – 382345
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Modern Foundtry (Ahmedabad ) 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 Modern Foundtry (Ahmedabad ) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Modern Foundtry (Ahmedabad ) Private Limited, buy the company report.
Financials of Modern Foundtry (Ahmedabad ) Private Limited
FY 2024 filings availableModern Foundtry (Ahmedabad ) Private Limited reported revenue of ₹1.39 Cr (up 34% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 34% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 34% in the latest year. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.39 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.69 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | -2.6% | ||||
| 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 Foundtry (Ahmedabad ) Private Limited, buy the company report.
Board of directors of Modern Foundtry (Ahmedabad ) Private Limited
Modern Foundtry (Ahmedabad ) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpaben Rakeshbhai Pandya | Director | 04 Jan 1991 | 35 Years 9 Months | Current |
| Rakeshkumar Manubhai Pandya | Director | 01 Nov 1988 | 37 Years 11 Months | Current |
Auditor
Modern Foundtry (Ahmedabad ) Private Limited is audited by GATHA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GATHA & CO | FY 2020 | 103095W |
Shareholding
The shareholding of Modern Foundtry (Ahmedabad ) Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Modern Foundtry (Ahmedabad ) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2009 | 10149439 | Canara Bank | ₹1.25 Lakh | Open | |
| 09 Mar 2009 | 10149437 | Canara Bank | ₹25 Lakh | Open | |
| 08 Feb 1993 | 90112138 | Canara Bank | ₹1.9 Lakh | Open | |
| 24 Jul 1990 | 90112042 | Canara Bank | ₹5 Lakh | Open |
To see the full charge records of Modern Foundtry (Ahmedabad ) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Modern Foundtry (Ahmedabad ) Private Limited has 710 court cases on record: 66 filed by Modern Foundtry (Ahmedabad ), 645 filed against it. 110 cases are pending and 600 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 632 | 628 | 105 |
| Supreme Court | 66 | 8 | 4 |
| District courts | 10 | 7 | 0 |
| NCLT | 2 | 2 | 1 |
Cases on record (5 of 710)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed by the company against N.K. Industries Ltd. | Disposed |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed by the company against Aculife Heath Care Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Ananya Finance for Inclusive Growth Pvt. Ltd. | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by M/S. Sadbhav Engineering Limited | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Haresh Acids and Chemicals Pvt Ltd and 3 others | Pending |
To see the full case history of Modern Foundtry (Ahmedabad ) 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 Foundtry (Ahmedabad ) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Foundtry (Ahmedabad ) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM4602N1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Foundtry (Ahmedabad ) Private Limited, buy the company report.
Recent activity
Modern Foundtry (Ahmedabad ) Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Alpaben Rakeshbhai Pandya was appointed as Director on 04 Jan 1991.
Frequently asked questions
Modern Foundtry (Ahmedabad ) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 11 January 1988 (38+ years old) and is registered under CIN U27109GJ1988PTC010261.
Modern Foundtry (Ahmedabad ) has 2 current directors:
- Alpaben Rakeshbhai Pandya - Director
- Rakeshkumar Manubhai Pandya - Director
The latest financial statements of Modern Foundtry (Ahmedabad ) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Modern Foundtry (Ahmedabad ) is 24AABCM4602N1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Modern Foundtry (Ahmedabad ) is U27109GJ1988PTC010261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Foundtry (Ahmedabad ) has 710 court cases on record: 66 filed by the company and 645 filed against it. 110 are pending. Most are in the high courts.
Modern Foundtry (Ahmedabad ) was incorporated on 11 January 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alpaben Rakeshbhai Pandya was appointed as Director on 04 Jan 1991. Rakeshkumar Manubhai Pandya was appointed as Director on 01 Nov 1988.
The registered office of Modern Foundtry (Ahmedabad ) is at 18 Hitendra Industrial Estateopp T B Hospital Naroda, Ahmedabad, Gujarat, India – 382345.
Modern Foundtry (Ahmedabad ) operates in the engineering industry, in the metal foundry and fabrication services segment.
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