Modern Lace House Private Limited
About Modern Lace House Private Limited
Data last updated:
Modern Lace House Private Limited is a private limited company based in Tagore Garden, Delhi, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 19 September 1996.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19129DL1996PTC082083. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.8 Lakh. It is led by directors including Vikas Astir and Renu Astir.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D/E – 115 F/F, Tagore Garden, Delhi, India – 110027.
As per the financials filed for FY 2023, the company reported a revenue of ₹54,254, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹14.92 Lakh and EBITDA of -₹15.3 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 61% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Lakh on record. Court records list 8 cases involving the company, including 8 filed by the company.
Company details
Contact details
Modern Lace House Private Limited's registered office is in Tagore Garden, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD/E – 115 F/F, Tagore Garden, Delhi, India – 110027
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Modern Lace House Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Modern Lace House Private Limited
FY 2025 filings availableModern Lace House Private Limited reported revenue of ₹54,254 (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 99% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54,254 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.92 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Modern Lace House Private Limited, buy the company report.
Board of directors of Modern Lace House Private Limited
Modern Lace House has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Astir | Director | 05 Feb 2009 | 17 Years 9 Months | Current |
| Renu Astir | Director | 28 Mar 2014 | 12 Years 7 Months | Current |
| Ramesh Kumar Astir | Director | 19 Sep 1996 | 30 Years 1 Months | Current |
Auditor
Modern Lace House Private Limited is audited by Sanjay Satpal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay Satpal & Associates | FY 2023 | 012704N |
Shareholding
The shareholding of Modern Lace House Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Lace House Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 1997 | 90056690 | State Bank of Bikaner & Jaipur | ₹10 Lakh | Satisfied |
To see the full charge records of Modern Lace House Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Modern Lace House Private Limited has 8 court cases on record: 8 filed by Modern Lace House. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Gurpar Industries Ltd Three Others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Pragathe International and Anr. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Pragathe International and Anr | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Pragathe International and Anr. | Disposed |
To see the full case history of Modern Lace House Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modern Lace House Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Lace House has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Modern Lace House Private Limited, buy the company report.
Recent activity
Modern Lace House Private Limited has 6 board changes on record since 1996: 3 appointments and 3 cessations. The latest: Renu Astir was appointed as Director on 28 Mar 2014.
Frequently asked questions
Modern Lace House is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Modern Lace House is a company pending strike off, currently registered as a private limited company based in Tagore Garden, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 19 September 1996 and is registered under CIN U19129DL1996PTC082083. The company may be struck off soon - caution is advised.
The compliance status of Modern Lace House is compliant as of 19 August 2026.
Modern Lace House has 3 current directors:
- Vikas Astir - Director
- Renu Astir - Director
- Ramesh Kumar Astir - Director
The CIN (Corporate Identification Number) of Modern Lace House is U19129DL1996PTC082083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Lace House was incorporated on 19 September 1996. It is registered with the Registrar of Companies, Delhi.
The registered office of Modern Lace House is at DE – 115 FF, Tagore Garden, Delhi, India – 110027.
The latest financial statements of Modern Lace House on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Modern Lace House has 1 GST registration on record and it is cancelled or inactive.
Modern Lace House operates in the home and lifestyle industry, in the textile retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
