Modern Financial Services Ltd. - Company Profile

It is a financial services public limited company based in Kolkata, West Bengal, India, established in 1983.
1983 Kolkata, West Bengal, India Active
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About Modern Financial Services Ltd.

Modern Financial Services Ltd., a active public limited company, was established on 25 February 1983 in Kolkata, West Bengal, India. Engaging in real estate financing within the trade sector, it holds CIN: L24139WB1983PLC035932. Registered under ROC Roc Kolkata. it is listed. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹4.45 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹4.16 M and a net worth of ₹9.52 Cr. Its leadership includes Sushil Mandal (Director), Probir Kumar Koyal (Director), Amitabha Sarkar (Managing Director). Past directors included Sushil Mandal, Binay Bhausan Ghatak, Amitabha Sarkar. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at 53 B, Mirza Ghalib Street,, Kolkata, West Bengal, 700016.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L24139WB1983PLC035932

  • Registration Number

    035932

  • Incorporation Date

    25 February 1983

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹4.45 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.45 Cr
  • Company Age 43 Year, 4 Days
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -73.36%
  • Profit Growth **** -89.66%
  • Ebitda **** -507.48%
  • Net Worth -0.82%
  • Total Assets -0.83%
Company report

Modern Financial Services Ltd.

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Modern Financial Services Ltd. — 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 Financial Services Ltd.?
Current Directors
Name Designation Appointment Date Status
Sushil Mandal Director 27 Oct 2021 Current
Probir Kumar Koyal Director 15 Dec 2005 Current
Amitabha Sarkar Managing Director 24 Jan 2000 Current
Mina Roy Director 30 Mar 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 30 Sep 2015 Past
Pramod Abcsdd Director 20 Sep 2017 Past
Pramod Abcsdd Director 17 Mar 2020 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director 21 Jan 2015 Past

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Financial Performance of Modern Financial Services.

Modern Financial Services Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 73.36% decrease. The company also saw a substantial fall in profitability, with a 89.66% decrease in profit. The company's net worth dipped by a decrease of 0.82%.

Modern Financial Services revenue growth over time
Modern Financial Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -73.36%
*******
*******
*******
*******
Revenue from Operations
*******
 -14.24%
*******
*******
*******
*******
Total Assets
*******
 -0.83%
*******
*******
*******
*******
Profit or Loss
*******
 -89.66%
*******
*******
*******
*******
Net Worth
*******
 -0.82%
*******
*******
*******
*******
EBITDA
*******
 -507.48%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Modern Financial Services?

In 2023, Modern Financial Services had a promoter holding of 44.21% and a public holding of 55.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Modern Financial Services?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Financial Services, 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 Financial Services's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Modern Financial Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity Modern Financial Services Ltd. last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Kishore Jain was appointed as a Company Secretary was appointed as a Company Secretary on 14 Jul 2025 & has been associated with this company since 7 months 17 days . was recorded as a recent event.

  • Balance Sheet

    The activity Modern Financial Services Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was completed.

  • Director Appointment

    Progress on Priti Prasad was appointed as a Company Secretary was appointed as a Company Secretary on 14 May 2022 & has been associated with this company since 3 years 9 months . was documented.

  • Director Appointment

    The activity Sushil Mandal was appointed as a Director was appointed as a Director on 27 Oct 2021 & has been associated with this company since 4 years 4 months . was completed.

  • Director Appointment

    Amitabha Sarkar was appointed as a CFO was appointed as a CFO on 22 Jul 2019 & has been associated with this company since 6 years 7 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Modern Financial Services Ltd.?

The CIN of Modern Financial Services Ltd. is L24139WB1983PLC035932.

Where is Modern Financial Services Ltd. headquartered?

Modern Financial Services Ltd. is headquartered at 53 B, Mirza Ghalib Street,, Kolkata, West Bengal, 700016.

When was Modern Financial Services Ltd. incorporated?

Modern Financial Services Ltd. was incorporated on 25 February 1983.

Who are the current directors of Modern Financial Services Ltd.?

The current directors of Modern Financial Services Ltd. are

What is the primary industry of Modern Financial Services Ltd.?

The primary industry of Modern Financial Services Ltd. is Trade.

Is Modern Financial Services Ltd. a listed company?

Modern Financial Services Ltd. is listed.

What is the capital structure of Modern Financial Services Ltd.?

The authorized capital of Modern Financial Services Ltd. is ₹6.00 Cr, and the paid-up capital is ₹4.45 Cr.

What is the compliance status of Modern Financial Services Ltd.?

The compliance status of Modern Financial Services Ltd. is Compliant.

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