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Modern Credit Private Limited - Company Profile

It is a financial services private limited company based in Delhi, Delhi, India, established in 1996.

1996 | Delhi, Delhi, India | Active
Last Updated:

About Modern Credit Private Limited

Modern Credit Private Limited, a active private limited company, was established on 14 May 1996 in Delhi, Delhi, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U67120DL1996PTC078846. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.66 Cr.

Formerly known as Viru Fincap Pvt. Ltd.. It upholds a compliant status. Its leadership includes Rajiv Garg (Director), Pranav Goel (Director). Past directors included Mohinder Parkash, Ritika Goel, Anju Srivastava. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 708, 7Th Floor Manjusha Building, 57 Nehru Place South Delhi, Near Place Mark, Et, Delhi, Delhi, 110019.

Company Details

  • CIN/LLPIN

    U67120DL1996PTC078846

  • Registration Number

    078846

  • Incorporation Date

    14 May 1996

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.66 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.66 Cr
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth -48.17%
  • Profit Growth 505.34%
  • Ebitda 95.95%
  • Net Worth 11.13%
  • Total Assets -16.53%
Company report

Modern Credit Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Modern Credit Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Modern Credit Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Rajiv GargDirector25 Nov 2015Current
Pranav GoelDirector15 May 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector18 Dec 2017Past
Pramod AbcsddDirector31 Oct 2007Past
Pramod AbcsddAdditional Director30 May 2008Past
Pramod AbcsddAdditional Director27 Nov 2015Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector27 Nov 2015Past

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Financial Performance of Modern Credit.

Modern Credit Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 48.17% decrease. The company also saw a substantial improvement in profitability, with a 505.34% increase in profit. The company's net worth Soared by an impressive increase of 11.13%.

Modern Credit revenue growth over time
Modern Credit profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-48.17%
Revenue from Operations
-50.52%
Total Assets
-16.53%
Profit or Loss
505.34%
Net Worth
11.13%
EBITDA
95.95%

What is the Ownership and Shareholding Structure of Modern Credit?

In 2022, Modern Credit had a promoter holding of 27.99% and a public holding of 72.01%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Modern Credit?

Unlock and access historical data on people associated with Modern Credit, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Modern Credit Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Credit, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Modern Credit's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Modern Credit

Recent Activity within the Organization

  • Annual General Meeting

    The activity Modern Credit Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Modern Credit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was recorded as a recent event.

  • Director Appointment

    Progress on Pranav Goel was appointed as a Director was appointed as a Director on 15 May 2021 & has been associated with this company since 4 years 8 months . was documented.

  • Director Appointment

    The activity Rajiv Garg was appointed as a Director was appointed as a Director on 25 Nov 2015 & has been associated with this company since 10 years 1 month . was completed.

  • Company Incorporation

    The activity Modern Credit Private Limited was registered on 14 May 1996 with Roc Delhi & aged 29 years 8 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Modern Credit Private Limited?

    The CIN of Modern Credit Private Limited is U67120DL1996PTC078846.

  • Where is Modern Credit Private Limited headquartered?

    Modern Credit Private Limited is headquartered at 708, 7Th Floor Manjusha Building, 57 Nehru Place South Delhi, Near Place Mark, Et, Delhi, Delhi, 110019.

  • When was Modern Credit Private Limited incorporated?

    Modern Credit Private Limited was incorporated on 14 May 1996.

  • Who are the current directors of Modern Credit Private Limited?

    The current directors of Modern Credit Private Limited are

  • What is the primary industry of Modern Credit Private Limited?

    The primary industry of Modern Credit Private Limited is Financial And Insurance Service.

  • Is Modern Credit Private Limited a listed company?

    Modern Credit Private Limited is unlisted.

  • What is the capital structure of Modern Credit Private Limited?

    The authorized capital of Modern Credit Private Limited is ₹4.00 Cr, and the paid-up capital is ₹3.66 Cr.

  • What is the compliance status of Modern Credit Private Limited?

    The compliance status of Modern Credit Private Limited is Compliant.

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