Modeka Chemicals Pvt Ltd
About Modeka Chemicals Pvt Ltd
Data last updated:
Modeka Chemicals Pvt Ltd was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 01 December 1980.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U24231MH1980PTC023514. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.81 Lakh. It was led by directors Anand Sharad Kagal and Jyoti Sharad Kagal.
Its last annual general meeting (AGM) was held on 20 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 103/3 Errandvanabhonde Colony, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2019, the company reported a revenue of ₹10,587, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹7.15 Lakh and EBITDA of -₹6.79 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
As per MCA filings, the company had satisfied charges of ₹42.08 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Company details
Contact details
Modeka Chemicals Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address103/3 Errandvanabhonde Colony, Pune, Maharashtra, India – 411004
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Modeka Chemicals Pvt Ltd, 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 Modeka Chemicals 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 |
Financials of Modeka Chemicals Pvt Ltd
FY 2019 filings availableModeka Chemicals Pvt Ltd reported revenue of ₹10,587 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years. EBITDA fell 102% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹6.79 Lakh | ||||
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| Net Profit (PAT) | -₹7.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Modeka Chemicals Pvt Ltd, buy the company report.
Board of directors of Modeka Chemicals Pvt Ltd
Modeka Chemicals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Sharad Kagal | Director | 20 Oct 2015 | 11 Years 0 Months | As last reported |
| Jyoti Sharad Kagal | Director | 24 Feb 2016 | 10 Years 8 Months | As last reported |
Peer comparison
Modeka Chemicals Pvt Ltd is compared with the 3 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chlorina Specialty Chemicals Private Limited | ₹13,750 (FY 2024) | 38.0% | Mumbai, Maharashtra, India | |||
| Synecos Organics Private Limited | ₹13,161 (FY 2024) | Pune, Maharashtra, India | ||||
| Modeka Chemicals Pvt Ltdthis company | ₹10,587 (FY 2019) | -₹7.15 Lakh | -100.0% | Pune, Maharashtra, India | ||
| Ich Infrastructure Private Limited | ₹8,000 (FY 2025) | -100.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Modeka Chemicals Pvt Ltd, buy the company report.
Auditor
Modeka Chemicals Pvt Ltd is audited by M S GODBOLE & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S GODBOLE & ASSOCIATES | FY 2016 | 103236W |
Shareholding
The shareholding of Modeka Chemicals Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Modeka Chemicals Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 1995 | 80037072 | Bank of Baroda | ₹8 Lakh | Satisfied | |
| 19 Jun 1995 | 90090154 | Bank of Baroda | ₹8 Lakh | Satisfied | |
| 19 Jun 1995 | 80037073 | Bank of Baroda | ₹11.23 Lakh | Satisfied | |
| 14 Sep 1993 | 90087801 | Bank of Baroda | ₹1 Lakh | Satisfied | |
| 14 Sep 1993 | 90089874 | Bank of Baroda | ₹3.5 Lakh | Satisfied |
To see the full charge records of Modeka Chemicals Pvt Ltd, buy the company report.
Total charge records: 12 View all charges
Legal cases
Modeka Chemicals Pvt Ltd has 4 court cases on record: 3 filed by Modeka Chemicals, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (AO) | Filed by the company against Bank of Baroda | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Bank of Baroda | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Bank of Baroda | Disposed |
| District court, Pune, Maharashtra | Court case (Munci. Appeal) | Filed by the company against Pimpri Chinchwad Municipal Corporation and 2 others | Disposed |
To see the full case history of Modeka Chemicals Pvt Ltd, 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 Modeka Chemicals Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modeka Chemicals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Modeka Chemicals Pvt Ltd, buy the company report.
Recent activity
Modeka Chemicals Pvt Ltd has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Anand Sharad Kagal ceased to be Additional Director on 30 Sep 2016.
21 earlier events are in the company report.
Frequently asked questions
Modeka Chemicals has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Modeka Chemicals was a private limited company based in Pune, Maharashtra, India. The company worked in specialty chemicals, within the chemicals and materials industry. It was incorporated on 01 December 1980 and is registered under CIN U24231MH1980PTC023514. The company has been struck off by the Registrar of Companies and is no longer operational.
Modeka Chemicals had 2 directors:
- Anand Sharad Kagal - Director
- Jyoti Sharad Kagal - Director
The CIN (Corporate Identification Number) of Modeka Chemicals is U24231MH1980PTC023514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Modeka Chemicals is at 1033 Errandvanabhonde Colony, Pune, Maharashtra, India – 411004.
Modeka Chemicals was incorporated on 01 December 1980. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Modeka Chemicals on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 20 September 2019. Year-wise statements from 2015 are in the company report.
No. Modeka Chemicals has 1 GST registration on record and it is cancelled or inactive.
Modeka Chemicals operated in the chemicals and materials industry, in the specialty chemicals segment. It worked in this industry before it was struck off.
The peers of Modeka Chemicals by revenue are Chlorina Specialty Chemicals Private Limited, Synecos Organics Private Limited, Ich Infrastructure Private Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Modeka Chemicals has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.