Modern Living Solutions Private Limited

Modern Living Solutions Private Limited - consumer electronics & durables in Nagpur, Maharashtra, India. FY 2026 financials and compliance.
CIN U20299MH2011PTC223350 Incorporated 21 October 2011 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2024
₹34.6 Cr
▼ 6.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹51 Lakh
Issued & subscribed
Open charges
₹1.71 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
66
Latest available

About Modern Living Solutions Private Limited

Data last updated: 06 February 2026

Modern Living Solutions Private Limited is a private limited company based in Nagpur, Maharashtra, India, a subsidiary of Space Wood Furnishers Private Limited.. It specialises in furniture retail and distribution, a part of the broader consumer electronics and durables sector. Incorporated on 21 October 2011, the company has been in operation for over 15 years.

Registered with ROC Mumbai under CIN U20299MH2011PTC223350.

Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹51 Lakh. It is led by directors Vivek Moreshwar Deshpande and Kirit Sharad Joshi.

Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: T – 48 Midc Hingna Road, Nagpur, Maharashtra, India – 440016.

As per the financials filed for FY 2024, the company reported a revenue of ₹34.6 Cr, a decline of 6% compared to the previous year.

The company has a workforce of approximately 66 employees as per the latest available data. It operates as a subsidiary of Space Wood Furnishers Private Limited..

As per MCA filings, the company has open charges of ₹1.71 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 spacewood.in.

Company Details of Modern Living Solutions Private Limited
CIN U20299MH2011PTC223350
Registration Number 223350
Incorporation Date 21 October 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Space Wood Furnishers Private Limited.
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    T – 48 Midc Hingna Road, Nagpur, Maharashtra, India – 440016
  • Industry
    Consumer Electronics & Durables, Furniture Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Modern Living Solutions Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Business Activity of Modern Living Solutions Private Limited

Modern Living Solutions Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G2 Retail Trading Locked
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Auditor Details of Modern Living Solutions Private Limited

Modern Living Solutions Private Limited is audited by CNK & ASSOCIATES LLP 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
CNK & ASSOCIATES LLP Locked Locked Locked
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Board of Directors of Modern Living Solutions Private Limited

Modern Living Solutions Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vivek Moreshwar Deshpande Director 20 Mar 2012 14 Years 5 Months Current
Kirit Sharad Joshi Director 20 Mar 2012 14 Years 5 Months Current

Financials of Modern Living Solutions Private Limited FY 2025 filings available

Modern Living Solutions Private Limited reported revenue of ₹34.6 Cr (down 6.00% YoY) for FY 2024.

Revenue · FY 2024
₹34.6 Cr ▼ 6.00%
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Ten-year financial statements for Modern Living Solutions Private Limited

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Ownership and Shareholding of Modern Living Solutions Private Limited

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Charges & Borrowings of Modern Living Solutions Private Limited

Open charges
₹1.71 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Indian Overseas Bank₹1.71 Cr
Latest charge details
DateLenderAmountStatus
09 Dec 2021 Indian Overseas Bank ₹21 Lakh Open
13 Dec 2012 Indian Overseas Bank ₹1.5 Cr Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Modern Living Solutions Private Limited

Modern Living Solutions Private Limited has a workforce of 66 employees as of Sep 06, 2024.

Employee count
66
Active EPFO establishments
1
Employee growth
-27.47%
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Employee and EPFO history for Modern Living Solutions Private Limited

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GST Compliance of Modern Living Solutions Private Limited

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GST registrations and filing compliance for Modern Living Solutions Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Modern Living Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts for Modern Living Solutions Private Limited

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MSME Payment Delays by Modern Living Solutions Private Limited

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MSME payment history for Modern Living Solutions Private Limited

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Subsidiaries & Group Companies of Modern Living Solutions Private Limited

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Corporate group structure for Modern Living Solutions Private Limited

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MCA Filings & Documents of Modern Living Solutions Private Limited

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MCA filings and documents for Modern Living Solutions Private Limited

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Recent Activity on Modern Living Solutions Private Limited

Activity
27 Sep 2025
Modern Living Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
30 Jul 2025
A charge with Indian Overseas Bank of Rs. 1.50 Cr registered on 13 Dec 2012 with Charge ID 10399682 was modified on 30 Jul 2025.
Activity
31 Mar 2025
Modern Living Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
09 Dec 2021
A charge with Indian Overseas Bank amounted to Rs. 0.21 Cr with Charge ID 100514256 was registered on 09 Dec 2021.
Charges
13 Dec 2012
A charge with Indian Overseas Bank amounted to Rs. 1.50 Cr with Charge ID 10399682 was registered on 13 Dec 2012.
Directors
20 Mar 2012
Vivek Moreshwar Deshpande was appointed as a Director on 20 Mar 2012 & has been associated with this company since 14 years 5 months.

Recent News on Modern Living Solutions Private Limited

​EuroKids joins hands with Spacewood to launch child
08 Feb 2017 · Franchise India Holdings

Frequently Asked Questions about Modern Living Solutions Private Limited

Modern Living Solutions Private Limited is an active private limited company in the consumer electronics and durables sector based in Nagpur, Maharashtra, India. It was incorporated on 21 October 2011 (15+ years old) and is registered under CIN U20299MH2011PTC223350. The company has 66 employees.

Modern Living Solutions Private Limited reported revenue of ₹34.6 Cr for FY 2024 (down 6.00% YoY).

The current directors of Modern Living Solutions Private Limited are:

The primary industry of Modern Living Solutions Private Limited is consumer electronics and durables. The company specifically operates in furniture retail and distribution. The company is currently active in this sector.

Modern Living Solutions Private Limited can be reached at the registered office: T – 48 Midc Hingna Road, Nagpur, Maharashtra, India – 440016, or through the website spacewood.in.

The authorised capital is ₹2 Cr, and the paid-up capital is ₹51 Lakh.

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