Model Sales Agency Private Limited
About Model Sales Agency Private Limited
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Model Sales Agency Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 26 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1993PTC070959. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Ashok Kushalraj Kothari and Hukumchand Kushalraj Kothari.
Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 275 Mapla Mahal J.S.S. Road Thakurdwar Corner, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2015, the company reported a revenue of ₹73.72 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹8.11 Lakh (net margin 0.1%) and EBITDA of ₹2.88 Cr (EBITDA margin 3.9%).
As per MCA filings, the company has open charges of ₹20.5 Cr and satisfied charges of ₹25 Lakh on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Model Sales Agency has one previous CIN (Corporate Identification Number): U51900MH2004PTC070959. The current CIN is U51900MH1993PTC070959, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1993PTC070959 | Current |
| U51900MH2004PTC070959 | Previous |
Contact details
Model Sales Agency Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address275 Mapla Mahal J.S.S. Road Thakurdwar Corner, Mumbai, Maharashtra, India – 400004
- IndustryEducation, Office & School Supplies
To see the full contact details of Model Sales Agency Private Limited, 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 Model Sales Agency is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Model Sales Agency Private Limited, buy the company report.
Financials of Model Sales Agency Private Limited
FY 2015 filings availableModel Sales Agency Private Limited reported revenue of ₹73.72 Cr (down 22% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹73.72 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.88 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹8.11 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 3.9% |
| Net Profit Margin | 0.1% |
| 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 | |
To see the full financial statements and ratios of Model Sales Agency Private Limited, buy the company report.
Board of directors of Model Sales Agency Private Limited
Model Sales Agency has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimalkumar Nandlal Jain | Additional Director | 20 Apr 2018 | 8 Years 6 Months | Current |
| Ashok Kushalraj Kothari Also directs: Supreme Pencils Private Limited | Director | 26 Feb 1993 | 33 Years 8 Months | Current |
| Hukumchand Kushalraj Kothari Also directs: V P Enterprises LLP | Director | 26 Feb 1993 | 33 Years 8 Months | Current |
Auditor
Model Sales Agency Private Limited is audited by SAVANT & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAVANT & CO | FY 2015 | 109356W |
Shareholding
The shareholding of Model Sales Agency Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Model Sales Agency Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2014 | 10491492 | Bank of India | ₹1.5 Cr | Open | |
| 17 Mar 2010 | 10211758 | Rupee Co - Operative Bank Limited | ₹9 Cr | Open | |
| 13 Sep 2000 | 90153756 | Rupee Co-Operative Bank Ltd. | ₹8 Cr | Open | |
| 04 Jan 1999 | 90153563 | Rupee Co-Op. Bank Ltd. | ₹2 Cr | Open | |
| 03 Jan 1995 | 90153086 | Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Model Sales Agency Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Model Sales Agency Private Limited has 10 court cases on record: 4 filed by Model Sales Agency, 6 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAER) | Filed against the company by Vasav Enterprises Pvt Ltd | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MARJI) | Filed by the company against Vasav Enterprises Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by HDFC Bank Ltd Through Yogesh Phapale | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by HDFC Bank Ltd | Disposed |
To see the full case history of Model Sales Agency Private Limited, 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 Model Sales Agency Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Model Sales Agency has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Model Sales Agency Private Limited, buy the company report.
Recent activity
Model Sales Agency Private Limited has 6 board changes on record since 1993: 3 appointments and 3 cessations. The latest: Sunny Kothari Ravindra ceased to be Director on 20 Apr 2018.
5 earlier events are in the company report.
Frequently asked questions
Model Sales Agency is an active private limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 26 February 1993 (33+ years old) and is registered under CIN U51900MH1993PTC070959.
Model Sales Agency has 3 current directors:
- Vimalkumar Nandlal Jain - Additional Director
- Ashok Kushalraj Kothari - Director
- Hukumchand Kushalraj Kothari - Director
The latest financial statements of Model Sales Agency on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 29 September 2015. Year-wise statements from 2015 are in the company report.
No. Model Sales Agency has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Model Sales Agency is U51900MH1993PTC070959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Model Sales Agency has 10 court cases on record: 4 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Model Sales Agency was incorporated on 26 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunny Kothari Ravindra ceased to be Director on 20 Apr 2018. Vimalkumar Nandlal Jain was appointed as Additional Director on 20 Apr 2018. Narendra Khushalraj Kothari ceased to be Director on 12 Sep 2016. Model Sales Agency has 6 board changes on record in total.
The registered office of Model Sales Agency is at 275 Mapla Mahal J.S.S. Road Thakurdwar Corner, Mumbai, Maharashtra, India – 400004.
Model Sales Agency operates in the education industry, in the office and school supplies segment.
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