About Modex India
Modex India is a publicly listed company based in Delhi (India) founded in 1995. Multi-asset trading platform for equities, derivatives, and commodities is operated. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Similar companies include Groww, Angel One and Upstox; 3 of its 3 listed similar companies have raised funding.
Company details
Modex was established in 1995 in Delhi, India, within the financial services sector. An online platform is maintained for trading in equities and derivatives, alongside investments in currencies, IPOs, mutual funds, and commodities. Analytical tools including EMI calculators, Fibonacci calculators, research reports, and pivot point calculators are integrated. Partnership programs are extended to affiliates for collaborative opportunities.
- Headquarters Delhi, India
- Stage Public
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website modexindia.com
- Social LinkedIn
- Annual Revenue$3.55 M (USD)-3as on Mar 31, 2019
- Net Profit$183.17 K (USD)84as on Mar 31, 2019
- EBITDA$917.88 K (USD)178as on Mar 31, 2019
Associated legal entities of Modex India
Modex India is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Modex Investments Private Limited CIN U74899DL1995PTC073943 | Active | 17 Nov 1995 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details | |
| Modex International Securities Limited Listed CIN L74899DL1995PLC065153 | Under Cirp | 07 Feb 1995 | Delhi, Delhi | ₹21.1 Cr | 3 | View details |
Board of directors of Modex India
The boards of the 2 registered companies of Modex India currently have 4 directors; the longest-serving is Dharmendra Kumar Arora, appointed in 1995. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dharmendra Kumar Arora DIN 00234555 | Whole-time director | 07 Feb 1995 | 31 yrs 8 mo | Modex International Securities Limited |
| Pavan Sachdeva DIN 00257402 | Whole-time director | 01 Jun 2009 | 17 yrs 4 mo | Modex International Securities Limited, Modex Investments Private Limited |
| Sarika Chawla DIN 08097785 | Director | 28 Mar 2018 | 8 yrs 6 mo | Modex International Securities Limited |
| Sanchit Khosla DIN 09225490 | Director | 05 Aug 2021 | 5 yrs 2 mo | Modex Investments Private Limited |
Financials of Modex India
Figures of Modex International Securities Limited, the primary company behind Modex India, for FY 2019. Revenue was ₹21.15 Cr (-3% year on year). Net profit was ₹1.28 Cr (5% margin). EBITDA was ₹6.41 Cr (26% margin). Revenue has grown at a compounded annual rate of +19% over three years and +25% over five years.
- ₹21.15 CrRevenue · FY 2019 · -3% YoY
- ₹1.28 CrNet profit · 5% margin
- ₹6.41 CrEBITDA · 26% margin
- ₹12.00 CrPaid-up capital
- +19%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Modex International Securities Limited are on its company page.
Detailed financial statements for Modex India
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Similar companies to Modex India
Modex India has 3 listed similar companies in our database, 3 of them funded. They include Groww, Angel One and Upstox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| groww.in | 2016 | Bengaluru, India | $595.76M | 933 | An online platform for investments and trading services is offered. | |
| angelone.in | 1996 | Mumbai, India | $38.41M | 2,974 | App-based brokerage stock trading platform | |
| upstox.com | 2009 | Mumbai, India | $219.86M | 582 | Tech-driven trading platform is offered for low-cost brokerage services. |
Detailed similar companies of Modex India
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Modex India (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Modex India
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Frequently Asked Questions about Modex India
Modex India was founded in 1995.
Modex India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Annual revenue of Modex India is $3.55M as on Mar 31, 2019.
Modex was established in 1995 in Delhi, India, within the financial services sector. An online platform is maintained for trading in equities and derivatives, alongside investments in currencies, IPOs, mutual funds, and commodities. Analytical tools including EMI calculators, Fibonacci calculators, research reports, and pivot point calculators are integrated. Partnership programs are extended to affiliates for collaborative opportunities.
Modex India is associated with 2 legal entities: Modex International Securities Limited, Modex Investments Private Limited.
The legal entities of Modex India currently have 4 directors, including Sarika Chawla, Dharmendra Kumar Arora, Pavan Sachdeva and others.