About Modern Credit Private Limited
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Modern Credit Private Limited is a private limited company based in Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 14 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67120DL1996PTC078846. Its GSTIN is 07AAACV3623M1Z7 (Delhi).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.66 Cr. It was formerly known as Viru Fincap Pvt. Ltd. It is led by directors Rajiv Garg and Pranav Goel.
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 708 7th Floor Manjusha Building 57 Nehru Place South Delhi Near Place Mark, Et, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.4 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.74 Lakh (net margin 2.7%) and EBITDA of ₹46.55 Lakh (EBITDA margin 33.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 16% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: CapitalStreet. Court records list 322 cases involving the company, including 300 filed by the company and 22 filed against it; 39 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website capitalstreet.in.
Company details
Contact details
Modern Credit Private Limited's registered office is in Delhi, Delhi. Its website is capitalstreet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address708 7th Floor Manjusha Building 57 Nehru Place South Delhi Near Place Mark, Et, Delhi, India – 110019
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Modern Credit 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
Brands
Modern Credit operates one associated brand: CapitalStreet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services including loans for businesses, machinery, and personal needs in India. | capitalstreet.in |
Business activity
The main business activity of Modern Credit is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Modern Credit Private Limited, buy the company report.
Financials of Modern Credit Private Limited
FY 2025 filings availableModern Credit Private Limited reported revenue of ₹1.4 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 20% fall in the latest year. EBITDA rose 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹46.55 Lakh | ||||
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| Net Profit (PAT) | ₹3.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 33.2% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Modern Credit Private Limited, buy the company report.
Board of directors of Modern Credit Private Limited
Modern Credit has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Garg | Director | 25 Nov 2015 | 10 Years 11 Months | Current |
| Pranav Goel Also directs: Dhrupra Services Private Limited | Director | 15 May 2021 | 5 Years 5 Months | Current |
Auditor
Modern Credit Private Limited is audited by GARG ARUN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG ARUN & ASSOCIATES | FY 2022 | 08180N |
Shareholding
The shareholding of Modern Credit Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Credit Private Limited, buy the company report.
Legal cases
Modern Credit Private Limited has 322 court cases on record: 300 filed by Modern Credit, 22 filed against it. 39 cases are pending and 283 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 305 | 13 | 37 |
| High courts | 14 | 9 | 2 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 322)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Appeal | Filed against the company by M/S Unilec Engineers Ltd Through Its Director Amit Airy | Pending |
| District court, Gurugram, Haryana | Criminal miscellaneous application | Filed by the company against Shalin Impex Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Execution petition | Filed by the company against Tradexl Media Private Limited Etc and 3 others | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against Tybros India Tours Pvt Ltd | Disposed |
| High Court, HARYANA | Court case (FAO-CARB) | Filed against the company by Wig Brothers Construction Pvt Ltd and 3 others | Disposed |
To see the full case history of Modern Credit 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
Modern Credit Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 49 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| T K Gupta & Associates | |||
| TKG Corporate Advisors Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Modern Credit Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Modern Credit has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Pantec Devices Private Limited | U74899DL1990PTC041286 | |
| Intec Worldwide Private Limited | U74899DL1995PTC064603 |
To see the full group structure of Modern Credit Private Limited, buy the company report.
GST
Modern Credit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACV3623M1Z7 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Credit Private Limited, buy the company report.
Recent activity
Modern Credit Private Limited has 14 board changes on record since 2007: 2 appointments and 12 cessations. The latest: Pranav Goel ceased to be Additional Director on 29 Nov 2021.
5 earlier events are in the company report.
Frequently asked questions
Modern Credit is an active private limited company based in Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 14 May 1996 (30+ years old) and is registered under CIN U67120DL1996PTC078846.
Modern Credit has 2 current directors:
- Rajiv Garg - Director
- Pranav Goel - Director
The latest financial statements of Modern Credit 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 Credit is 07AAACV3623M1Z7, registered in Delhi.
The CIN (Corporate Identification Number) of Modern Credit is U67120DL1996PTC078846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Credit has 322 court cases on record: 300 filed by the company and 22 filed against it. 39 are pending. Most are in the district courts.
Modern Credit was incorporated on 14 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Pranav Goel ceased to be Additional Director on 29 Nov 2021. Pranav Goel was appointed as Director on 15 May 2021. Rajiv Garg ceased to be Additional Director on 29 Sep 2018. Modern Credit has 14 board changes on record in total.
Modern Credit has 8 MSME Form 1 returns on record between 2019 and 2023, listing 49 overdue payments to 3 micro and small suppliers. The latest return was filed on 26 Apr 2023.
Modern Credit can be reached through the website capitalstreet.in. Its registered office is in Delhi, India.
The registered office of Modern Credit is at 708 7th Floor Manjusha Building 57 Nehru Place South Delhi Near Place Mark, Et, Delhi, India – 110019.