About MODI SPRINGS
MODI SPRINGS is an Industrial Goods & Manufacturing company based in Chandigarh (India) by Anil Kumar. It manufactures and supplies spring leaves and assemblies for industrial use. It operates on a B2B model. The company has 20 employees. Its Indian entity Modi Springs Private Limited reported revenue of ₹25.65 Cr. Its focus areas include Manufacturing, Industrial Manufacturing, Components Manufacturing and Spring Assemblies. Its competitors include Jamna Auto Industries, Omega Bright Steel and Gabriel India; 1 of its 3 listed competitors has raised funding.
Company details
MODI SPRINGS, based in Chandigarh, focuses on producing manufactured goods, industrial manufacturing, components manufacturing, and spring assemblies. Manufactures and supplies spring leaves and assemblies for industrial use. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chandigarh, India
- Employees 20
- Founders Anil Kumar
- SectorsIndustrial Goods & Manufacturing
- Website modisprings.com
- Legal Name Modi Springs Private Limited
- Date of Incorporation 28 Apr, 1987
- Jurisdiction Sangrur, Punjab, India
- Annual Revenue₹25.65 Cr
FY 2024 · +24% YoY
- Net Profit₹47.4 Lakh
FY 2024 · 2% margin
- EBITDA₹84.7 Lakh
FY 2024 · 3% margin
- Employee Count20
Associated legal entities of MODI SPRINGS
MODI SPRINGS operates through Modi Springs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Modi Springs Private Limited CIN U34300PB1987PTC007442 | Active | 28 Apr 1987 | Sangrur, Punjab | ₹25.7 Cr | 20 | 5 | View details |
Board of directors of Modi Springs Private Limited (MODI SPRINGS)
Modi Springs Private Limited is the primary company behind MODI SPRINGS. The board of Modi Springs Private Limited currently have 5 directors; the longest-serving is Sanjay Kumar Goyal, appointed in 1987. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Kumar Goyal DIN 01046915 | Director | 28 Apr 1987 | 39 yrs 6 mo | Modi Springs Private Limited |
| Ajay Kumar Goyal DIN 01046932 | Director | 28 Apr 1987 | 39 yrs 6 mo | Modi Springs Private Limited |
| Anil Kumar Goyal DIN 01046889 | Director | 28 Apr 1987 | 39 yrs 6 mo | Modi Springs Private Limited |
| Abhinav Goyal DIN 10661821 | Director | 10 Jun 2024 | 2 yrs 4 mo | Modi Springs Private Limited |
| Arnav Goyal DIN 10661822 | Director | 10 Jun 2024 | 2 yrs 4 mo | Modi Springs Private Limited |
People of MODI SPRINGS
1 people are tracked at MODI SPRINGS (1 in leadership); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for MODI SPRINGS
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 MODI SPRINGS
Figures of Modi Springs Private Limited, the primary company behind MODI SPRINGS, for FY 2024. Revenue was ₹25.65 Cr (+24% year on year). Net profit was ₹47.4 Lakh (2% margin). EBITDA was ₹84.7 Lakh (3% margin). Revenue has grown at a compounded annual rate of +36% over three years and +12% over five years.
- ₹25.65 CrRevenue · FY 2024 · +24% YoY
- ₹47.4 LakhNet profit · 2% margin
- ₹84.7 LakhEBITDA · 3% margin
- ₹50 LakhPaid-up capital
- 20Employees (provident fund records)
- +36%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Modi Springs Private Limited are on its company page.
Detailed financial statements for MODI SPRINGS
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.
Competitors of MODI SPRINGS
MODI SPRINGS has 3 listed competitors in our database, 1 of them funded. They include Jamna Auto Industries, Omega Bright Steel and Gabriel India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jaispring.com | 1954 | Delhi, India | $3.2M | 1,166 | Tapered leaf and parabolic springs are manufactured for automobiles. | |
| omegabrightsteel.com | 1971 | Delhi, India | 441 | Steel bars and related components are designed and manufactured. | ||
| gabrielindia.com | 1961 | Pune, India | 698 | Shock absorbers and dampers are manufactured for automotive applications. |
Detailed competitors of MODI SPRINGS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in PCB & Electronic Components
3 companies that operate in the same segment as MODI SPRINGS (PCB & Electronic Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufactures energy meters, monitors, and switchgear for power management and industrial applications. | 2004 | Bengaluru, Karnataka, India | ||||
Gala Precision Engineering is engaged in manufacturing precision components. | 2009 | Thane, Maharashtra, India | USD 33.25 M | 335 | ||
Electronic safety embedded systems are manufactured for railway transport. | 2002 | Bengaluru, Karnataka, India | 383 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about MODI SPRINGS
MODI SPRINGS is headquartered in Chandigarh, India.
MODI SPRINGS has 20 employees.
The primary company behind MODI SPRINGS, Modi Springs Private Limited, reported revenue of ₹25.65 Cr for FY 2024, up 24% year on year.
MODI SPRINGS, based in Chandigarh, focuses on producing manufactured goods, industrial manufacturing, components manufacturing, and spring assemblies. Manufactures and supplies spring leaves and assemblies for industrial use. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
MODI SPRINGS's top competitors include Jamna Auto Industries, Gabriel India and Omega Bright Steel.
MODI SPRINGS operates through Modi Springs Private Limited.
The legal entities of MODI SPRINGS currently have 5 directors, including Abhinav Goyal, Arnav Goyal, Sanjay Kumar Goyal and others.