Modern General Financiers Limited - Company Profile

It is a financial services public limited company based in Jalandhar City, Punjab, India, established in 1984.
1984 Jalandhar City, Punjab, India Under Liquidation
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About Modern General Financiers Limited

Modern General Financiers Limited, a under liquidation public limited company, was established on 23 May 1984 in Jalandhar City, Punjab, India. Engaging in credit allocation agencies within the financial services sector, it holds CIN: U65921PB1984PLC005853. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.22 Cr.

Its leadership includes Sumit Syal (Director), Karan Syal (Director), Varun Syal (Managing Director). Past directors included Vinod Kumar Syal, Ashok Syal, Radhika Syal. It holds ₹3.74 M open charges and no settled loans. Its latest AGM occurred on 30 September 2006, with the balance sheet filed on 31 March 2006. It is based at 195-Syal Chamber, Adarsh Nagar, Jalandhar City, Punjab, 144001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65921PB1984PLC005853

  • Registration Number

    005853

  • Incorporation Date

    23 May 1984

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.22 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.22 Cr
  • Company Age 41 Year, 8 Months
  • Last Filing with ROC 31 Mar 2006
  • Open Charges ₹ 3.74 M
Company report

Modern General Financiers Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Modern General Financiers Limited?
Current Directors
Name Designation Appointment Date Status
Sumit Syal Director 30 Sep 1999 Current
Karan Syal Director 30 Oct 2002 Current
Varun Syal Managing Director 30 Aug 1997 Current
Shashi Syal Director 22 Apr 1988 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Jun 2007 Past
Pramod Abcsdd Director 15 Jan 2007 Past
Pramod Abcsdd Director 02 Jul 2007 Past
Pramod Abcsdd Director 26 Jun 2007 Past

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Financial Performance of Modern General Financiers.

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Modern General Financiers revenue growth over time
Modern General Financiers 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
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What is the Ownership and Shareholding Structure of Modern General Financiers?

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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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Charges (Loans)
Open Charges

₹3,737,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of India : 0.25 Cr
  • Debenture Holders Of A.B.C.D.E.F.G. Series : 0.12 Cr
Latest Charge Details
Date Lender Amount Status
27 Apr 1998 Debenture Holders Of A.B.C.D.E.F.G. Series ₹1.24 M Open
20 Jun 1989 Bank Of India ₹2.50 M Open

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How Many Employees Work at Modern General Financiers?

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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

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Rating
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Alerts
Alert Indicator

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

    Progress on Modern General Financiers Limited last Annual general meeting of members was held on 30 Sep 2006 as per latest MCA records. was documented.

  • Balance Sheet

    Modern General Financiers Limited has filed its annual Financial statements for the year ended 31 Mar 2006 with Roc Chandigarh. was recorded as a recent event.

  • Director Appointment

    Progress on Karan Syal was appointed as a Director was appointed as a Director on 30 Oct 2002 & has been associated with this company since 23 years 3 months . was documented.

  • Charges

    A charge with Debenture Holders Of A.B.C.D.E.F.G. Series of Rs. 0.12 Cr registered on 27 Apr 1998 with Charge ID 90385250 was modified on 12 Jan 2000. was recorded as a recent event.

  • Director Appointment

    Sumit Syal was appointed as a Director was appointed as a Director on 30 Sep 1999 & has been associated with this company since 26 years 4 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Debenture Holders Of A.B.C.D.E.F.G. Series amounted to Rs. 0.12 Cr with Charge ID 90385250 was registered on 27 Apr 1998. was documented.

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Frequently Asked Questions
What is the CIN of Modern General Financiers Limited?

The CIN of Modern General Financiers Limited is U65921PB1984PLC005853.

Where is Modern General Financiers Limited headquartered?

Modern General Financiers Limited is headquartered at 195-Syal Chamber, Adarsh Nagar, Jalandhar City, Punjab, 144001.

When was Modern General Financiers Limited incorporated?

Modern General Financiers Limited was incorporated on 23 May 1984.

Who are the current directors of Modern General Financiers Limited?

The current directors of Modern General Financiers Limited are

What is the primary industry of Modern General Financiers Limited?

The primary industry of Modern General Financiers Limited is Financial Services.

Is Modern General Financiers Limited a listed company?

Modern General Financiers Limited is unlisted.

What is the capital structure of Modern General Financiers Limited?

The authorized capital of Modern General Financiers Limited is ₹2.00 Cr, and the paid-up capital is ₹1.22 Cr.

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