About Modern Chemtech Private Limited
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Modern Chemtech Private Limited was a private limited company based in Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the plastics segment of the plastics and polymers sector. It was incorporated on 17 November 2011.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2011PTC314415.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹75.65 Lakh. It was formerly known as Mordern Chemtech Private Limited. It was led by directors Saurabh Bhalla and Puja Batra.
Its last annual general meeting (AGM) was held on 10 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at A – 1 Basement Dda Shed Okhla I A Ph II, Delhi, India – 110020.
As per the financials filed for FY 2019, the company reported a revenue of ₹20,000, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹3,108 (net margin 15.5%) and EBITDA of ₹4,200 (EBITDA margin 21%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
The last known website on record is kbgroupindia.com.
Company details
CIN history
Modern Chemtech has one previous CIN (Corporate Identification Number): U74999UP2011PTC047498. The current CIN is U74999DL2011PTC314415, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL2011PTC314415 | Current |
| U74999UP2011PTC047498 | Previous |
Contact details
Modern Chemtech Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressA – 1 Basement Dda Shed Okhla I A Ph II, Delhi, India – 110020
- IndustryPlastics, Plastics, Resins
To see the full contact details of Modern Chemtech 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 Chemtech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Modern Chemtech Private Limited, buy the company report.
Financials of Modern Chemtech Private Limited
FY 2019 filings availableModern Chemtech Private Limited reported revenue of ₹20,000 (down 58% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 58% fall in the latest year. EBITDA fell 40% 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 | ₹4,200 | ||||
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| Net Profit (PAT) | ₹3,108 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 21% | ||||
| Net Profit Margin | 15.5% | ||||
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To see the full financial statements and ratios of Modern Chemtech Private Limited, buy the company report.
Board of directors of Modern Chemtech Private Limited
Modern Chemtech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Bhalla Also directs: Shobhit Mentha Products LLP, K.B. Tradexim Private Limited, K.B. Polychem (India) Limited and 3 more | Director | 17 Nov 2011 | 14 Years 11 Months | As last reported |
| Puja Batra Also directs: Shobhit Mentha Products LLP, K.B. Polychem (India) Limited, K B Coatings Private Limited and 1 more | Director | 17 Nov 2011 | 14 Years 11 Months | As last reported |
Auditor
Modern Chemtech Private Limited is audited by Dinesh K. Agarwal & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dinesh K. Agarwal & Co. | FY 2016 |
Shareholding
The shareholding of Modern Chemtech Private Limited 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 Modern Chemtech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Modern Chemtech 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 Chemtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Modern Chemtech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Modern Chemtech Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Puja Batra was appointed as Director on 17 Nov 2011.
Frequently asked questions
Modern Chemtech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Modern Chemtech was a private limited company based in Delhi, India. The company worked in the plastics industry. It was incorporated on 17 November 2011 and is registered under CIN U74999DL2011PTC314415. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Modern Chemtech was incorporated on 17 November 2011. It is registered with the Registrar of Companies, Delhi.
Modern Chemtech had 2 directors:
- Saurabh Bhalla - Director
- Puja Batra - Director
The CIN (Corporate Identification Number) of Modern Chemtech is U74999DL2011PTC314415. 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 Modern Chemtech is at A – 1 Basement Dda Shed Okhla I A Ph II, Delhi, India – 110020.
Modern Chemtech can be reached through the website kbgroupindia.com. Its registered office is in Delhi, India.
The latest financial statements of Modern Chemtech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 10 August 2019. Year-wise statements from 2015 are in the company report.
Modern Chemtech operated in the plastics industry.
Puja Batra was appointed as Director on 17 Nov 2011. Saurabh Bhalla was appointed as Director on 17 Nov 2011.