About Modern India Limited
Data last updated: 22 December 2025
Modern India Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in transmission and distribution, a part of the broader energy sector. Incorporated on 24 October 1933, the company has been in operation for over 93 years.
Registered with ROC Mumbai under CIN U17120MH1933PLC002031.
Capital: an authorised share capital of ₹80 Cr and a paid-up capital of ₹6.96 Cr. Formerly known as The Modern Mills Limited. It is led by directors including Rajas Ratanchand Doshi and Kaiwan Dossabhoy Kalyaniwalla.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: 1 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹590.16 Cr, a growth of 5% compared to the previous year.
The company has a workforce of approximately 46 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Modern India. As per MCA filings, the company has open charges of ₹574.34 Cr and satisfied charges of ₹632.12 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernindia.co.in.
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Registered Address1 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryEnergy, Transmission And Distribution, Electric Power Generation
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Modern India Limited
Modern India Limited has one previous CIN (Corporate Identification Number): L17120MH1933PLC002031. The current CIN is U17120MH1933PLC002031, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120MH1933PLC002031 | Current |
| L17120MH1933PLC002031 | Previous |
Associated Brands with Modern India Limited
Modern India Limited operates one associated brand: Modern India. These brands represent Modern India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of real estate development, renewable energy, global sourcing, and HR services | modernindia.co.in |
Business Activity of Modern India Limited
Modern India Limited is engaged in multiple principal business activities such as real estate, trade, and electricity, gas, steam and air condition supply, with detailed activities including real estate activities with own or leased property, wholesale trading, electric power generation, transmission and distribution. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Modern India Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Modern India Limited
Modern India Limited is audited by Khandelwal Jain And Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Khandelwal Jain And Co | Locked | Locked | Locked |
Complete auditor history for Modern India Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Modern India Limited
Modern India Limited is currently managed by 9 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Rajas Ratanchand Doshi
Also directs:
The Indian Hume Pipe Company Limited, Ihp Finvest Limited, Ratanchand Investment Private Limited and 4 more
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Director | 01 Aug 2024 | 2 Years 0 Months | Current |
|
Kaiwan Dossabhoy Kalyaniwalla
Also directs:
Allcargo Terminals Limited, Transindia Real Estate Limited, Allcargo Logistics Limited and 5 more
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Director | 16 May 2014 | 12 Years 3 Months | Current |
| Sidhant Vijaykumar Jatia | Whole-Time Director | 17 Jun 2024 | 2 Years 2 Months | Current |
| Pradip Kumar Bubna | Director | 29 Apr 2002 | 24 Years 3 Months | Current |
|
Satyan Shivkumar Israni
Also directs:
Simplex Modern Homes Private Limited, Simplex Realty Limited, Cravatex Limited and 4 more
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Director | 08 Nov 2023 | 2 Years 9 Months | Current |
| Gauri Jatia | Director | 30 Jun 2003 | 23 Years 1 Months | Current |
Financials of Modern India Limited FY 2024 filings available
Modern India Limited reported revenue of ₹590.16 Cr (up 5.00% YoY) for FY 2025.
Ten-year financial statements for Modern India Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Modern India Limited
Shareholding and ownership data for Modern India Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Modern India Limited
Modern India Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Modern India Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Verifacts Services Private Limited | U74140KA2005PTC035878 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Modern India Limited
| 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 | ₹24.72 Lakh | Open |
| 06 Oct 2023 | Hdfc Bank Limited | ₹40.91 Lakh | Open |
| 24 Jul 2023 | Others | ₹50 Cr | Open |
Total charge records: 28 View all charges
Employees and EPFO Compliance at Modern India Limited
Modern India Limited has a workforce of 46 employees as of Apr 08, 2024.
Employee and EPFO history for Modern India Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Modern India Limited
GST registrations and filing compliance for Modern India Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Modern India Limited
Credit ratings, litigation, and regulatory alerts for Modern India Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Modern India Limited
MSME payment history for Modern India Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Modern India Limited
Corporate group structure for Modern India Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Modern India Limited
MCA filings and documents for Modern India Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Modern India Limited
Frequently Asked Questions about Modern India Limited
Modern India Limited is an active public limited company in the energy sector based in Mumbai, Maharashtra, India. It was incorporated on 24 October 1933 (93+ years old) and is registered under CIN U17120MH1933PLC002031. The company has 46 employees.
Modern India Limited reported revenue of ₹590.16 Cr for FY 2025 (up 5.00% YoY).
The current directors of Modern India Limited are:
- Rajas Ratanchand Doshi - Director
- Kaiwan Dossabhoy Kalyaniwalla - Director
- Sidhant Vijaykumar Jatia - Whole-Time Director
- Pradip Kumar Bubna - Director
- Satyan Shivkumar Israni - Director
- Gauri Jatia - Director
- Vijaykumar Mahabirprasad Jatia - Managing Director
- Mudit Vijay Kumar Jatia - Whole-Time Director
- Anuj Anand Didwania - Director
The primary industry of Modern India Limited is energy. The company specifically operates in transmission and distribution. The company is currently active in this sector.
Modern India Limited can be reached at the registered office: 1 Mittal Chambers 228 Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website modernindia.co.in.
The authorised capital is ₹80 Cr, and the paid-up capital is ₹6.96 Cr.