About Modern India
Modern India is a publicly listed company based in Mumbai (India) founded in 1933. Provider of real estate development, renewable energy, global sourcing, and HR services. The company has 46 employees. Modern India has completed 1 acquisition, including Verifacts. Its Indian entity Modern India Limited reported revenue of ₹590 Cr. Its focus areas include Conglomerates and Traditional Conglomerates.
Company details
Founded in 1933 and based in Mumbai, India, operations are conducted in real estate and infrastructure development, including commercial and residential structures and business centers. Renewable energy sources are developed, alongside power generation. Global sourcing and commodities trading are handled, with international procurement solutions provided. HR services encompass background verification and vocational training for various industries.
- Headquarters Mumbai, India
- Employees 46
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website modernindia.co.in
- Social LinkedIn
- Legal Name Modern India Limited
- Date of Incorporation 24 Oct, 1933
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹590 Cr
FY 2025 · +5% YoY
- Net Profit₹240 Cr
FY 2025 · 41% margin
- EBITDA₹319 Cr
FY 2025 · 54% margin
- Employee Count46
- Investments & Acquisitions
Associated legal entities of Modern India
Modern India operates through Modern India Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Modern India Limited CIN U17120MH1933PLC002031 | Active | 24 Oct 1933 | Mumbai, Maharashtra | ₹590 Cr | 46 | 11 | View details |
Board of directors of Modern India Limited (Modern India)
Modern India Limited is the primary company behind Modern India. The board of Modern India Limited currently have 9 directors; the longest-serving is Vijaykumar Mahabirprasad Jatia, appointed in 1994. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijaykumar Mahabirprasad Jatia DIN 00096977 | Managing Director | 30 Dec 1994 | 31 yrs 10 mo | Modern India Limited |
| Pradip Kumar Bubna DIN 00135014 | Director | 29 Apr 2002 | 24 yrs 6 mo | Modern India Limited |
| Gauri Jatia DIN 00096766 | Director | 30 Jun 2003 | 23 yrs 4 mo | Modern India Limited |
| Kaiwan Dossabhoy Kalyaniwalla DIN 00060776 | Director | 16 May 2014 | 12 yrs 5 mo | Modern India Limited |
| Mudit Vijay Kumar Jatia DIN 00192012 | Whole-time director | 17 Jun 2021 | 5 yrs 4 mo | Modern India Limited |
| Satyan Shivkumar Israni DIN 01174081 | Director | 08 Nov 2023 | 3 yrs | Modern India Limited |
| Sidhant Vijaykumar Jatia DIN 00097177 | Whole-time director | 17 Jun 2024 | 2 yrs 4 mo | Modern India Limited |
| Rajas Ratanchand Doshi DIN 00050594 | Director | 01 Aug 2024 | 2 yrs 3 mo | Modern India Limited |
| Anuj Anand Didwania DIN 00022601 | Director | 01 Aug 2024 | 2 yrs 3 mo | Modern India Limited |
People of Modern India
1 people are tracked at Modern India (1 in leadership); the tracked headcount is 46.
| Name | Role | Group |
|---|---|---|
| Owner & Managing Director | Leadership |
Complete people profiles for Modern India
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Modern India
Figures of Modern India Limited, the primary company behind Modern India, for FY 2025. Revenue was ₹590 Cr (+5% year on year). Net profit was ₹240 Cr (41% margin). EBITDA was ₹319 Cr (54% margin). Revenue has grown at a compounded annual rate of +52% over three years.
- ₹590 CrRevenue · FY 2025 · +5% YoY
- ₹240 CrNet profit · 41% margin
- ₹319 CrEBITDA · 54% margin
- ₹6.96 CrPaid-up capital
- 46Employees (provident fund records)
- +52%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Modern India Limited are on its company page.
Detailed financial statements for Modern India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Modern India
Modern India has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Verifacts.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Background verification services for employee and business screening are offered. | verifacts.co.in | Bengaluru, India | 2003 | Feb 2014 | •••• |
Complete acquisition details for Modern India
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Modern India
3 dated milestones of Modern India across 88 years, from founding to its latest funding, stage changes and deals.
- Founded Modern India is founded.
- Acquisition Acquires Verifacts.
- IPO Lists on the stock exchange (IPO).
Web traffic of Modern India
The website of Modern India (modernindia.co.in) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 19.4% vs previous month
Top companies in Metals & Minerals
3 companies that operate in the same segment as Modern India (Metals & Minerals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.74 M | 6,934 | ||
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 576.61 M | USD 1.43 B | 180 | |
Diversified operations span automotive, agriculture, and financial services. | 1945 | Mumbai, Maharashtra, India | USD 45.15 M | USD 21.54 B | 78,760 |
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Frequently Asked Questions about Modern India
Modern India was founded in 1933.
Modern India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Modern India has 46 employees.
The primary company behind Modern India, Modern India Limited, reported revenue of ₹590 Cr for FY 2025, up 5% year on year.
Founded in 1933 and based in Mumbai, India, operations are conducted in real estate and infrastructure development, including commercial and residential structures and business centers. Renewable energy sources are developed, alongside power generation. Global sourcing and commodities trading are handled, with international procurement solutions provided. HR services encompass background verification and vocational training for various industries.
Modern India has made 1 acquisition, including Verifacts.
Modern India operates through Modern India Limited.
The legal entities of Modern India currently have 11 directors, including Rajas Ratanchand Doshi, Kaiwan Dossabhoy Kalyaniwalla, Sidhant Vijaykumar Jatia and others.