About Moda Elementi India Private Limited
Data last updated:
Moda Elementi India Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 15 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74994PB1996PTC018019. Its GSTIN is 03AABCT1554G1ZR (Punjab). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It was formerly known as Turbo Forgings Private Limited. It is led by directors including Hargun Singh and Bisman Kaur.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Near Sua Road Industrial Area – C Dhandari Kalan, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹86.72 Lakh (net margin 85.1%) and EBITDA of ₹1.09 Cr (EBITDA margin 107.1%). Revenue has declined at a compounded annual rate (CAGR) of 179% over three years and 17% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Moda Elementi. As per MCA filings, the company has satisfied charges of ₹41.36 Cr on record. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹40.8 Lakh; the latest was in January 2018. Its 10 peer companies in the Consumer Products industry (Footwear Retail and Distribution, Textile Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Run Tailors Fashion Private Limited with revenue of ₹1.03 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modaelementi.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNear Sua Road Industrial Area – C Dhandari Kalan, Ludhiana, Punjab, India – 141010
- IndustryConsumer Goods, Footwear Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Moda Elementi India Private Limited
The main business activity of Moda Elementi India is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Moda Elementi India Private Limited FY 2025 filings available
Moda Elementi India Private Limited reported revenue of ₹1.02 Cr (down 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Moda Elementi India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 66% fall in the latest year. EBITDA fell 49% 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 of Moda Elementi India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.09 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹86.72 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 of Moda Elementi India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 107.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 85.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Moda Elementi India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Moda Elementi India Private Limited
Moda Elementi India Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Footwear Retail and Distribution, Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Run Tailors Fashion Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | •••• | Serilingampally, Telangana, India | |
| Putchi Nexus Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | •••• | Coimbatore South, Tamil Nadu, India | |
| Bell and Company Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Ramgopal Synthetics Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Badiberi Trading Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 658.0% | •••• | Kolkata, West Bengal, India |
| Moda Elementi India Private Limited this company | ₹1.02 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Ludhiana, Punjab, India |
| Devani Industries Private Limited | ₹1.02 Cr (FY 2021) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Dyuti Enterprise Private Limited | ₹1.01 Cr (FY 2025) | •••• | •••• | -55.0% | •••• | Paschim Medinipur, West Bengal, India |
| Shri Krushna Hometex Private Limited | ₹1.01 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Jalgaon, Maharashtra, India |
| Anb Sports Private Limited | ₹1.01 Cr (FY 2023) | •••• | •••• | 506.0% | •••• | Bangalore North, Karnataka, India |
| Shishang Designs Private Limited | ₹1.01 Cr (FY 2024) | •••• | •••• | 22425.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Moda Elementi India by revenue in the Consumer Products industry (Footwear Retail and Distribution, Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Moda Elementi India Private Limited
Moda Elementi India Private Limited is audited by Y.K. Bhushan & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y.K. Bhushan & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Moda Elementi India Private Limited
Moda Elementi India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hargun Singh Also directs: Turbo Tools Private Limited, Turbo Industries Private Limited | Director | 22 Jul 2022 | 4 Years 2 Months | Current |
| Bisman Kaur Also directs: Turbo Tools Private Limited, Turbo Industries Private Limited | Director | 29 Oct 2015 | 10 Years 11 Months | Current |
| Inder Mohan Singh Also directs: Turbo Tools Private Limited, Turbo Technik Private Limited, Turbo Industries Private Limited and 1 more | Director | 15 Apr 1996 | 30 Years 5 Months | Current |
| Ravinder Pal Singh Also directs: Turbo Tools Private Limited, Turbo Technik Private Limited, Turbo Industries Private Limited and 1 more | Director | 15 Apr 1996 | 30 Years 5 Months | Current |
Ownership and Shareholding of Moda Elementi India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Moda Elementi India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2016 | Others | ₹1.05 Cr | Satisfied |
| 02 Jul 2016 | Others | ₹1.26 Cr | Satisfied |
| 21 Nov 2003 | State Bank of India | ₹3.5 Cr | Satisfied |
| 16 Jul 2002 | State Bank of India | ₹35.05 Cr | Satisfied |
| 19 Jun 1998 | State Bank of India | ₹50 Lakh | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Moda Elementi India Private Limited
Moda Elementi India Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹40.8 Lakh; the latest was in January 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Funding round | ₹26 Lakh | Investors: 4 individuals |
| Oct 2015 | Funding round | ₹14.8 Lakh | Investors: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Moda Elementi India Private Limited
Moda Elementi India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Y.K.Bhushan & Associates | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Moda Elementi India Private Limited
Moda Elementi India operates one associated brand: Moda Elementi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Casual apparel for men and women is designed and retailed. | modaelementi.com |
Employees and EPFO Compliance at Moda Elementi India Private Limited
Moda Elementi India Private Limited has a workforce of 1 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Moda Elementi India Private Limited
Moda Elementi India has one previous CIN (Corporate Identification Number): U27109PB1996PTC018019. The current CIN is U74994PB1996PTC018019, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74994PB1996PTC018019 | Current |
| U27109PB1996PTC018019 | Previous |
Recent Activity on Moda Elementi India Private Limited
Moda Elementi India Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Hargun Singh ceased to be Additional Director on 30 Sep 2022.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Moda Elementi India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Moda Elementi India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Moda Elementi India Private Limited
Moda Elementi India has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCT1554G1ZR | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Moda Elementi India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Moda Elementi India Private Limited
Moda Elementi India is an active private limited company based in Ludhiana, Punjab, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 15 April 1996 (30+ years old) and is registered under CIN U74994PB1996PTC018019.
Moda Elementi India reported revenue of ₹1.02 Cr for FY 2024 (down 66% YoY).
Moda Elementi India has 4 current directors:
- Hargun Singh - Director
- Bisman Kaur - Director
- Inder Mohan Singh - Director
- Ravinder Pal Singh - Director
Moda Elementi India reported a net profit of ₹86.72 Lakh (net margin 85.1%) and EBITDA of ₹1.09 Cr (EBITDA margin 107.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Moda Elementi India is 179% over three years and -17% over five years. In the latest year (FY 2024) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Moda Elementi India is 03AABCT1554G1ZR, registered in Punjab. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Moda Elementi India is U74994PB1996PTC018019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Moda Elementi India was incorporated on 15 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Moda Elementi India has 2 deals on record (2 funding rounds), with disclosed funding of ₹40.8 Lakh; the latest was in January 2018.
The peers of Moda Elementi India by revenue are Run Tailors Fashion Private Limited, Putchi Nexus Private Limited, Bell and Company Private Limited, Ramgopal Synthetics Limited, Badiberi Trading Private Limited and 5 more, all in the Consumer Products industry (Footwear Retail and Distribution, Textile Retail and Distribution).
Hargun Singh ceased to be Additional Director on 30 Sep 2022. Hargun Singh was appointed as Director on 22 Jul 2022. Manohar Singh ceased to be Director on 12 Oct 2020. Moda Elementi India has 7 board changes on record in total.
Moda Elementi India has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 28 Oct 2021.