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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
Last Updated:

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 ₹824.34 Cr open charges and ₹382.12 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

  • 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 Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 6.96 Cr
  • Company Age 92 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 824.34 Cr
  • Satisfied Charges ₹ 382.12 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 2025-2026

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

NameDesignationAppointment DateStatus
Rajas Ratanchand DoshiDirector01 Aug 2024Current
Kaiwan Dossabhoy KalyaniwallaDirector16 May 2014Current
Sidhant Vijaykumar JatiaWhole-Time Director17 Jun 2024Current
Pradip Kumar BubnaDirector29 Apr 2002Current
Satyan Shivkumar IsraniDirector08 Nov 2023Current
Gauri JatiaDirector30 Jun 2003Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Oct 2014Past
Pramod AbcsddDirector22 Jul 2019Past
Pramod AbcsddDirector30 Sep 2018Past
Pramod AbcsddDirector22 Jul 2019Past
Pramod AbcsddDirector08 Jan 2009Past
Pramod AbcsddAdditional Director17 Jun 2021Past

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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
  • 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
107.65%
Revenue from Operations
194.20%
Total Assets
33.14%
Profit or Loss
12436.83%
Net Worth
10902.61%
EBITDA
925.03%

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 Indicator graph

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Charges (Loans)

Open Charges

₹8,243,433,140.00

Satisfied Charges

₹3,821,200,000.00

Charges Breakdown by Lending Institutions

  • Others : 799.00 Cr
  • Hdfc Bank Limited : 25.34 Cr

Latest Charge Details

DateLenderAmountStatus
24 Oct 2025Hdfc Bank Limited₹1.03 CrOpen
29 Nov 2024Hdfc Bank Limited₹2.57 CrOpen
06 Oct 2023Hdfc Bank Limited₹2.47 MOpen
06 Oct 2023Hdfc Bank Limited₹4.09 MOpen
24 Jul 2023Others₹50.00 CrOpen

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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 growth trends for Modern India Limited

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.

Latest Updates, News, and FAQs on Modern India

Recent Activity within the Organization

  • Charges

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

  • Charges

    Progress on 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 documented.

  • 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

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

  • Annual General Meeting

    Modern India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Rajas Ratanchand Doshi was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.

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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