MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0291860
Revenue · FY 2024
₹25.17 Cr
▼ 37% YoY
Net loss · FY 2024
₹5.34 Cr
Net margin -21.2%
EBITDA · FY 2024
-₹4.37 Cr
EBITDA margin -17.4%
Authorised capital
₹60 Cr
Registered with MCA
Paid-up capital
₹44 Cr
Issued & subscribed
Satisfied charges
₹311.45 Cr
No open charges
Company age
49 yrs
Est. 1977
Employees · EPFO
35
Provident fund records
About Modern Denim Limited
Data last updated:
Modern Denim Limited is a public limited company based in Abu Road, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 November 1977 and has been in existence for over 49 years.
Its director Sachin Ranka and family are #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L17124RJ1977PLC001758. Its GSTIN is 24AABCM0861H1ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (500451) has been suspended since 07 Jan 2002 · penal reasons, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹44 Cr. It is led by directors including Sachin Ranka (Managing Director) and Suvrat Sachin Ranka (Whole-Time Director).
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 Modern Denim Limited Talheti Village Karoli Tehsil Abu Road, Rajasthan, India – 307510.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.17 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹5.34 Cr (net margin -21.2%) and EBITDA of -₹4.37 Cr (EBITDA margin -17.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 20% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Modern Denim. As per MCA filings, the company has satisfied charges of ₹311.45 Cr on record. Court records list 253 cases involving the company, including 116 filed by the company and 137 filed against it; 12 cases are pending.
Modern Denim Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0291860). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website moderndenim.com.
Company details
CIN L17124RJ1977PLC001758
Registration Number 001758
Incorporation Date 15 November 1977
ROC Jaipur
Listing Status Listed - Suspended on BSE (500451) since 07 Jan 2002 · penal reasons
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0291860
Key People
Sachin Ranka Managing Director Suvrat Sachin Ranka Whole-Time Director Rahul Singhvi Director Recognitions & Rankings of Modern Denim
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,545 Sachin Ranka & family ₹1,300 Cr
Contact details
Modern Denim Limited's registered office is in Abu Road, Rajasthan. Its website is moderndenim.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressModern Denim Limited Talheti Village Karoli Tehsil Abu Road, Rajasthan, India – 307510
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Modern Denim Limited, buy the company report.
Comprehensive company report
Modern Denim Limited - one report that includes everything
- 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
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Brands
Modern Denim operates one associated brand: Modern Denim. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies diverse denim fabrics conforming to international standards. | moderndenim.com |
Business activity
The main business activity of Modern Denim is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Modern Denim Limited, buy the company report.
Financials of Modern Denim Limited
FY 2025 filings availableModern Denim Limited reported revenue of ₹25.17 Cr (down 37% YoY) for FY 2024.
Revenue · FY 2024
₹25.17 Cr ▼ 37%
Net loss · FY 2024
₹5.34 Cr margin -21.2%
EBITDA · FY 2024
-₹4.37 Cr margin -17.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 2%
5 years · compounded
▼ 20%
EBITDA CAGR growth
3 years · compounded
▼ 86%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 37% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.34 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.4% | ||||
| Net Profit Margin | -21.2% | ||||
| 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 Modern Denim Limited, buy the company report.
Board of directors of Modern Denim Limited
Modern Denim has 6 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suvrat Sachin Ranka | Whole-Time Director | 01 Apr 2018 | 8 Years 6 Months | Current |
| Rahul Singhvi Also directs: Modern Insulators Limited | Director | 09 Nov 2020 | 5 Years 11 Months | Current |
| Kedar Mal Ladha Also directs: Modern Metalcast Private Limited | Director | 25 Mar 2021 | 5 Years 7 Months | Current |
| Sachin Ranka Also directs: Modern Insulators Limited | Managing Director | 01 Sep 2015 | 11 Years 1 Months | Current |
| Meenu Alok Sacheti Also directs: Modern Insulators Limited, Sacheti Metals Private Limited | Director | 25 Dec 2023 | 2 Years 10 Months | Current |
| Ganpathy Vishwanathan Kalpathy Also directs: Modern Insulators Limited | Director | 17 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Modern Denim Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hind Syntex Ltd. | ₹25.22 Cr (FY 2019) | -43.0% | Kurawar, Madhya Pradesh, India | |||
| Padam Cotton Yarns Limited | ₹25.21 Cr (FY 2025) | 15589.0% | Haryana, India | |||
| R N Kapoor Textiles Private Limited | ₹25.2 Cr (FY 2024) | 8.0% | Ludhiana, Punjab, India | |||
| Swadeshi Cotton Industries Private Limited | ₹25.18 Cr (FY 2024) | 48.0% | Meerut, Uttar Pradesh, India | |||
| Modern Denim Limitedthis company | ₹25.17 Cr (FY 2024) | -₹5.34 Cr | -21.2% | -37.0% | 35 | Abu Road, Rajasthan, India |
| Silk Affair Private Limited | ₹25.17 Cr (FY 2024) | 13.0% | Kolkata, West Bengal, India | |||
| Exciting Fashions and Emb Private Limited | ₹25.16 Cr (FY 2025) | 26.0% | Delhi, India |
To see the full peer comparison of Modern Denim Limited, buy the company report.
Auditor
Modern Denim Limited is audited by J T Shah & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J T Shah & Co. | FY 2024 | 109616W |
Shareholding
The shareholding of Modern Denim Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Denim Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹311.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2000 | 80029000 | Bob Bom Indusindbank Iob Sanwabank | ₹66.83 Cr | Satisfied | |
| 31 Mar 2000 | 80065510 | Industrial Investment Bank of India Ltd. | ₹2.34 Cr | Satisfied | |
| 31 Mar 2000 | 80065511 | Industrial Investment Bank of India Ltd. | ₹98.14 Lakh | Satisfied | |
| 24 Mar 2000 | 80059045 | Others | ₹21.7 Cr | Satisfied | |
| 08 Feb 1999 | 80059042 | Others | ₹17.5 Cr | Satisfied |
To see the full charge records of Modern Denim Limited, buy the company report.
Total charge records: 38 View all charges
Legal cases
Modern Denim Limited has 253 court cases on record: 116 filed by Modern Denim, 137 filed against it. 12 cases are pending and 241 are disposed.
Total cases
253
Filed by the company
116
Filed against the company
137
Pending
12
Disposed
241
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 130 | 83 | 10 |
| High courts | 104 | 40 | 2 |
| Supreme Court | 14 | 12 | 0 |
| NCLT | 5 | 2 | 0 |
Cases on record (5 of 253)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RCA) | Filed against the company by Voltamp Transformers Limited Through Its Authorised Person Sanket K. Rathod | Pending |
| High Court, TELANGANA | Court case (CRLRC) | Filed against the company by M/S. Srinath Spinners Ltd. | Disposed |
| High Court for State of Telangana | Court case (CRLRC) | Filed against the company by M/S. Srinath Spinners Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE S) | Filed by the company against Goenka Fabs Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed against the company by Voltamp Transformers Limited Through Its Authorised Person Sanket K. Rathod | Disposed |
To see the full case history of Modern Denim 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 Modern Denim Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modern Denim Limited has a workforce of 35 employees on its EPFO records as of Apr 08, 2025, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
-2.78%
GST
Modern Denim has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0861H1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Denim Limited, buy the company report.
Recent activity
Modern Denim Limited has 40 board changes on record since 1978: 23 appointments and 17 cessations. The latest: Ganpathy Vishwanathan Kalpathy was appointed as Director on 17 Feb 2024.
AGM
Modern Denim Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Modern Denim Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Appointed
Ganpathy Vishwanathan Kalpathy was appointed as Director.
Ceased
Sureshkumar Mohanlal Sharma ceased to be Director.
Appointed
Meenu Alok Sacheti was appointed as Director.
Ceased
Komal Sulaniya ceased to be Company Secretary.
Charges
A charge registered on 24 Mar 2000 via Charge ID 80059045 with Others was fully satisfied on 17 Jan 2023.
Charges
A charge registered on 08 Feb 1999 via Charge ID 80059042 with Others was fully satisfied on 17 Jan 2023.
Charges
A charge registered on 08 Feb 1999 via Charge ID 80059044 with Others was fully satisfied on 17 Jan 2023.
Charges
A charge registered on 08 Aug 1997 via Charge ID 80059041 with Others was fully satisfied on 17 Jan 2023.
Charges
A charge registered on 18 Nov 1996 via Charge ID 80059064 with Others was fully satisfied on 17 Jan 2023.
Charges
A charge registered on 31 Aug 1995 via Charge ID 80065571 with Asset Reconstruction Company (India) Limited was fully satisfied on 21 Jul 2022.
122 earlier events are in the company report.
Frequently asked questions
Modern Denim is an active public limited company based in Abu Road, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 November 1977 (49+ years old) and is registered under CIN L17124RJ1977PLC001758.
Modern Denim has 6 current directors:
- Sachin Ranka - Managing Director
- Suvrat Sachin Ranka - Whole-Time Director
- Rahul Singhvi - Director
- Kedar Mal Ladha - Director
- Meenu Alok Sacheti - Director
- Ganpathy Vishwanathan Kalpathy - Director
The latest financial statements of Modern Denim 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 Denim is 24AABCM0861H1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modern Denim is L17124RJ1977PLC001758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Denim is recorded as a listed company by MCA, but trading in its shares on BSE (500451) has been suspended since 07 Jan 2002 · penal reasons, so they do not currently trade on a stock exchange.
Modern Denim has 253 court cases on record: 116 filed by the company and 137 filed against it. 12 are pending. Most are in the district courts.
Modern Denim was incorporated on 15 November 1977, making it 49+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Modern Denim by revenue are Hind Syntex Ltd, Padam Cotton Yarns Limited, R N Kapoor Textiles Private Limited, Swadeshi Cotton Industries Private Limited, Silk Affair Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ganpathy Vishwanathan Kalpathy was appointed as Director on 17 Feb 2024. Sureshkumar Mohanlal Sharma ceased to be Director on 27 Dec 2023. Meenu Alok Sacheti was appointed as Director on 25 Dec 2023. Modern Denim has 40 board changes on record in total.
Yes, Modern Denim is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0291860).
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