Modern Insecticides Limited

Produces insecticides and pesticides under 'Modern' brand, promoted by Mr Avtar Singh.

1990 | Ludhiana, Punjab (India) | Active
Last Updated:

Modern Insecticides Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.20 Cr
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 36.40 Cr
  • Satisfied Charges ₹ 30.59 Cr
  • Revenue Growth 47.31%
  • Profit Growth -13.77%
  • Ebitda -10.40%
  • Net Worth 4.10%
  • Total Assets 82.81%

About Modern Insecticides

Modern Insecticides Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 October 1990 and has a history of 34 years and seven months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Modern Insecticides Private Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.20 Cr.

The company currently has active open charges totaling ₹36.40 Cr. The company has closed loans amounting to ₹30.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amandeep Singh, Tarlochan Singh, and Surendra Kumar serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24211PB1990PLC010771

  • Company No.

    010771

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Agriculture

What products or services does Modern Insecticides Limited offer?

Modern Insecticides Limited offers a wide range of products and services, including Insecticides and Pesticides, Plant Growth Regulators, Gibberellic Acid, Selective Herbicide, Non Selective Herbicide, Agro Chemicals, Herbicides.

Company report

Modern Insecticides Limited

Explore comprehensive data for Modern Insecticides Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Modern Insecticides?

Board Members (3)

NameDesignationAppointment DateStatus
Amandeep Singh Country flag representing In Director 10-Apr-2021Current
Tarlochan Singh Country flag representing In Director 13-Aug-2022Current
Surendra Kumar Country flag representing In Director 13-Aug-2022Current

Financial Performance of Modern Insecticides.

Modern Insecticides Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.31% increase. The company also saw a substantial fall in profitability, with a 13.77% decrease in profit. The company's net worth moved up by a moderate rise of 4.1%.

Modern Insecticides revenue growth over time
Modern Insecticides 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
47.31%
Revenue from Operations
47.56%
Total Assets
82.81%
Profit or Loss
-13.77%
Net Worth
4.10%
EBITDA
-10.40%

What is the Ownership and Shareholding Structure of Modern Insecticides?

In 2023, Modern Insecticides had a promoter holding of 99.27% and a public holding of 0.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.40 Cr

Satisfied Charges

₹30.59 Cr

Charges Breakdown by Lending Institutions

  • Others : 36.40 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2022Others₹4.00 CrOpen
04 Jun 2022Others₹4.50 CrOpen
29 Oct 2020Others₹2.90 CrOpen
28 Jul 2016Others₹25.00 CrOpen
27 Jun 2013Reliance Home Finance Limited₹2.50 CrSatisfied

How Many Employees Work at Modern Insecticides?

Modern Insecticides has a workforce of 21 employees as of Apr 04, 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 Insecticides Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Insecticides, 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 Insecticides'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 Insecticides

Recent activity within the organization

  • Annual General Meeting

    Modern Insecticides Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Modern Insecticides Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Tarlochan Singh was appointed as a Director was appointed as a Director on 13 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Surendra Kumar was appointed as a Director was appointed as a Director on 13 Aug 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100613558 was registered on 03 Aug 2022.

  • Charges

    A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100590824 was registered on 04 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Modern Insecticides Limited?

    Modern Insecticides Limited was incorporated on 22 Oct 1990.

  • What is authorized share capital and paid-up capital of Modern Insecticides Limited?

    The authorized share capital of Modern Insecticides Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.20 Cr.

  • Who are the current board members & directors of Modern Insecticides Limited?

    Currently 3 directors are associated with Modern Insecticides Limited.

    • Amandeep Singh
    • Tarlochan Singh
    • Surendra Kumar

  • What is the registered address of Modern Insecticides Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Modern Insecticides Limited is 30-A Shastri Nagar Archies Gallery, Ishmeet Chownk India, Ludhiana, Punjab, 141010.

  • What is the corporate identification number (CIN) and company number of Modern Insecticides Limited?

    The corporate identification number (CIN) of Modern Insecticides Limited is U24211PB1990PLC010771 and the company number is 010771 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Modern Insecticides Limited?

    The Official website of Modern Insecticides Limited is https://www.milworld.co

  • What has been the recent revenue trend for Modern Insecticides Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Modern Insecticides Limited has risen by 47.31%.

  • How many employees does Modern Insecticides Limited currently have?

    As Per 2023 financial reports, 21 employees are currently employed by Modern Insecticides Limited.

  • What change has been observed in the net worth of Modern Insecticides Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Modern Insecticides Limited has experienced an upsurge of 4.10%.

  • What are the total open charges for Modern Insecticides Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Modern Insecticides Limited amount to ₹ 36.40 Cr.

  • When was the last Balance Sheet of Modern Insecticides Limited filed with the ROC?

    The most recent Balance Sheet for Modern Insecticides Limited was filed with the ROC on 31 Mar 2023.

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