Modern India Limited - Company Profile

It is a energy public limited company based in Mumbai, Maharashtra, India, established in 1933.
1933 Mumbai, Maharashtra, India Active
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About Modern India Limited

Modern India Limited, a active public limited company, was established on 24 October 1933 in Mumbai, Maharashtra, India. Engaging in transmission and distribution within the electricity, gas, steam and air condition supply sector, it holds CIN: U17120MH1933PLC002031. Registered under ROC Roc Mumbai. it is unlisted on BSE: 503015. It has an authorized capital of ₹80.00 Cr and a paid-up capital of ₹6.96 Cr.

Formerly known as The Modern Mills Limited. It upholds a compliant status. Employing 46 professional, Its leadership includes Rajas Ratanchand Doshi (Director), Kaiwan Dossabhoy Kalyaniwalla (Director), Sidhant Vijaykumar Jatia (Whole-Time Director). Past directors included Dilip Jayantilal Thakkar, Shivkumar Dhalumal Israni, Rajas Ratanchand Doshi. It holds ₹574.34 Cr open charges and ₹632.12 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1,Mittal Chambers,228 Nariman Point, Mumbai, Maharashtra, 400021.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U17120MH1933PLC002031

  • Registration Number

    002031

  • Incorporation Date

    24 October 1933

  • Authorized Capital

    ₹80.00 Cr

  • Paid-Up Capital

    ₹6.96 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted (BSE: 503015)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 6.96 Cr
  • Company Age 92 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 574.34 Cr
  • Satisfied Charges ₹ 632.12 Cr
  • Revenue Growth **** 107.65%
  • Profit Growth **** 12436.83%
  • Ebitda **** 925.03%
  • Net Worth 10902.61%
  • Total Assets **** 33.14%
Company report

Modern India Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Modern India 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 India Limited?
Current Directors
Name Designation Appointment Date Status
Rajas Ratanchand Doshi Director 01 Aug 2024 Current
Kaiwan Dossabhoy Kalyaniwalla Director 16 May 2014 Current
Sidhant Vijaykumar Jatia Whole-Time Director 17 Jun 2024 Current
Pradip Kumar Bubna Director 29 Apr 2002 Current
Satyan Shivkumar Israni Director 08 Nov 2023 Current
Gauri Jatia Director 30 Jun 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Oct 2014 Past
Pramod Abcsdd Director 22 Jul 2019 Past
Pramod Abcsdd Director 30 Sep 2018 Past
Pramod Abcsdd Director 22 Jul 2019 Past
Pramod Abcsdd Director 08 Jan 2009 Past
Pramod Abcsdd Additional Director 17 Jun 2021 Past

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Financial Performance of Modern India.

Modern India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 107.65% increase. The company also saw a substantial improvement in profitability, with a 12436.83% increase in profit. The company's net worth Soared by an impressive increase of 10902.61%.

Modern India revenue growth over time
Modern India 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
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 107.65%
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Revenue from Operations
*******
 194.20%
*******
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*******
*******
Total Assets
*******
 33.14%
*******
*******
*******
*******
Profit or Loss
*******
 12436.83%
*******
*******
*******
*******
Net Worth
*******
 10902.61%
*******
*******
*******
*******
EBITDA
*******
 925.03%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Modern India?

In 2023, Modern India had a promoter holding of 93.96% and a public holding of 6.04%. The company had 1 Subsidiary. 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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Charges (Loans)
Open Charges

₹5,743,433,140.00

Satisfied Charges

₹6,321,200,000.00

Charges Breakdown by Lending Institutions
  • Others : 549.00 Cr
  • Hdfc Bank Limited : 25.34 Cr
Latest Charge Details
Date Lender Amount Status
24 Oct 2025 Hdfc Bank Limited ₹1.03 Cr Open
29 Nov 2024 Hdfc Bank Limited ₹2.57 Cr Open
06 Oct 2023 Hdfc Bank Limited ₹2.47 M Open
06 Oct 2023 Hdfc Bank Limited ₹4.09 M Open
24 Jul 2023 Others ₹50.00 Cr Open

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How Many Employees Work at Modern India?

Modern India has a workforce of 46 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 India, 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 India'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.

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Latest Updates, News, and FAQs on Modern India
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 25 Mar 2022 via Charge ID 100554295 with Others was fully satisfied on 21 Nov 2025. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 1.03 Cr with Charge ID 101181157 was registered on 24 Oct 2025. was documented.

  • Charges

    A charge with Others of Rs. 49.00 Cr registered on 06 Dec 2016 with Charge ID 100069198 was modified on 30 Jun 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 21 Sep 2018 via Charge ID 100243791 with Axis Bank Limited was fully satisfied on 19 Jun 2025. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 2.57 Cr with Charge ID 101031370 was registered on 29 Nov 2024. was completed.

  • Annual General Meeting

    Progress on Modern India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Modern India Limited?

The CIN of Modern India Limited is U17120MH1933PLC002031.

Where is Modern India Limited headquartered?

Modern India Limited is headquartered at 1,Mittal Chambers,228 Nariman Point, Mumbai, Maharashtra, 400021.

When was Modern India Limited incorporated?

Modern India Limited was incorporated on 24 October 1933.

Who are the current directors of Modern India Limited?

The current directors of Modern India Limited are

What is the primary industry of Modern India Limited?

The primary industry of Modern India Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Modern India Limited a listed company?

Modern India Limited is unlisted. It is listed on BSE: 503015.

What is the capital structure of Modern India Limited?

The authorized capital of Modern India Limited is ₹80.00 Cr, and the paid-up capital is ₹6.96 Cr.

What is the compliance status of Modern India Limited?

The compliance status of Modern India Limited is Compliant.

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