- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0027840

Modern Boilers Private Limited
About Modern Boilers Private Limited
Data last updated:
Modern Boilers Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 21 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U29253MH2011PTC217727. Its GSTIN is 27AAHCM3276C1ZJ (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹71.86 Lakh. It is led by directors including Mohammad Asad Shoeb and Amena Shamim.
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 Plot No 37 N I T Small Industrial Area Behind Sayona Public School Kamptee Road, Nagpur, Maharashtra, India – 440017.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.61 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Lakh (net margin 0.7%) and EBITDA of ₹15.75 Lakh (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹64.83 Lakh on record.
Modern Boilers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0027840). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Modern Boilers
Contact details
Modern Boilers Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 37 N I T Small Industrial Area Behind Sayona Public School Kamptee Road, Nagpur, Maharashtra, India – 440017
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Modern Boilers 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 Modern Boilers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Modern Boilers Private Limited, buy the company report.
Financials of Modern Boilers Private Limited
FY 2025 filings availableModern Boilers Private Limited reported revenue of ₹1.61 Cr (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 51% fall in the latest year. EBITDA fell 55% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹15.75 Lakh | ||||
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| Net Profit (PAT) | ₹1.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Modern Boilers Private Limited, buy the company report.
Board of directors of Modern Boilers Private Limited
Modern Boilers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Asad Shoeb | Director | 05 Sep 2015 | 11 Years 1 Months | Current |
| Amena Shamim | Director | 05 Sep 2015 | 11 Years 1 Months | Current |
| Salim Qasim Mohd | Director | 21 May 2011 | 15 Years 5 Months | Current |
| Mohammad Shamim | Director | 01 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Modern Boilers Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Boilers, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Frig Crafters Private Limited | ₹1.62 Cr (FY 2019) | -20.0% | Bangalore, Karnataka, India | |||
| Be Strong Energetic Private Limited | ₹1.61 Cr (FY 2024) | 740.0% | Noida, Uttar Pradesh, India | |||
| Elecshine Engineering Private Limited | ₹1.61 Cr (FY 2024) | 376.0% | Mumbai, Maharashtra, India | |||
| Thunderwell India Private Limited | ₹1.61 Cr (FY 2025) | -32.0% | Delhi, India | |||
| Modern Boilers Private Limitedthis company | ₹1.61 Cr (FY 2024) | ₹1.12 Lakh | 0.7% | -51.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Modern Boilers Private Limited, buy the company report.
Shareholding
The shareholding of Modern Boilers Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Modern Boilers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2019 | 100287053 | State Bank of India | ₹64.83 Lakh | Open |
To see the full charge records of Modern Boilers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Modern Boilers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modern Boilers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Boilers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM3276C1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Boilers Private Limited, buy the company report.
Recent activity
Modern Boilers Private Limited has 8 board changes on record since 2011: 6 appointments and 2 cessations. The latest: Mohammad Qasim ceased to be Director on 21 Sep 2015.
1 earlier event is in the company report.
Frequently asked questions
Modern Boilers is an active private limited company based in Nagpur, Maharashtra, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 21 May 2011 (15+ years old) and is registered under CIN U29253MH2011PTC217727.
Modern Boilers has 4 current directors:
- Mohammad Asad Shoeb - Director
- Amena Shamim - Director
- Salim Qasim Mohd - Director
- Mohammad Shamim - Director
The latest financial statements of Modern Boilers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Modern Boilers is 27AAHCM3276C1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Modern Boilers is U29253MH2011PTC217727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Boilers was incorporated on 21 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Modern Boilers by revenue are Frig Crafters Private Limited, Be Strong Energetic Private Limited, Elecshine Engineering Private Limited, Thunderwell India Private Limited, all in the Machinery and Equipment industry (Boilers, Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mohammad Qasim ceased to be Director on 21 Sep 2015. Amena Shamim was appointed as Director on 05 Sep 2015. Mohammad Asad Shoeb was appointed as Director on 05 Sep 2015. Modern Boilers has 8 board changes on record in total.
Yes, Modern Boilers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0027840).
The registered office of Modern Boilers is at Plot No 37 N I T Small Industrial Area Behind Sayona Public School Kamptee Road, Nagpur, Maharashtra, India – 440017.
Modern Boilers operates in the electrical industry, in the electrical equipment segment.