Modern Living Solutions Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Nagpur, Maharashtra, India, established in 2011.

2011 Nagpur, Maharashtra, India Active

Last Updated: February 06, 2026

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About Modern Living Solutions Private Limited

Modern Living Solutions Private Limited, a active private limited company, was established on 21 October 2011 in Nagpur, Maharashtra, India. Engaging in furniture retail & distribution within the trade sector, it holds CIN: U20299MH2011PTC223350. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹5.10 M.

It upholds a compliant status. Employing 66 professional, Its leadership includes Vivek Moreshwar Deshpande (Director), Kirit Sharad Joshi (Director). Past directors included Chintan Bharatbhai Shukla, Darshan Bharatkumar Shukla. It holds ₹1.71 Cr open charges and no settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at T-48, Midc, Hingna Road, Nagpur, Maharashtra, 440016.

Company Details

CIN/LLPIN
U20299MH2011PTC223350
Registration Number
223350
Incorporation Date
21 October 2011
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹5.10 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 06-02-2026
Paid Up Capital ₹ 5.10 M as on 06-02-2026
Company Age 14 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1.71 Cr as on 06-02-2026
Revenue Growth **** -2.98% (FY 2023)
Profit Growth **** 260.19% (FY 2023)
Ebitda **** 145.77% (FY 2023)
Net Worth 26.85% (FY 2023)
Total Assets **** 22.86% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Modern Living Solutions Private 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 Living Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vivek Moreshwar Deshpande	Director	20 Mar 2012	Current
Kirit Sharad Joshi	Director	20 Mar 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	28 Jul 2012	Past
Pramod Abcsdd	Additional Director	30 Sep 2013	Past

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Financial Performance of Modern Living Solutions.

Modern Living Solutions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.98% decrease. The company also saw a substantial improvement in profitability, with a 260.19% increase in profit. The company's net worth Soared by an impressive increase of 26.85%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-2.98%

*******

Revenue from Operations

*******

-2.63%

*******

Total Assets

*******

22.86%

*******

Profit or Loss

*******

260.19%

*******

Net Worth

*******

26.85%

*******

EBITDA

*******

145.77%

*******

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What is the Ownership and Shareholding Structure of Modern Living Solutions?

In 2023, Modern Living Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹17,100,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Indian Overseas Bank : 1.71 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Dec 2021	Indian Overseas Bank	₹2.10 M	Open
13 Dec 2012	Indian Overseas Bank	₹1.50 Cr	Open

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How Many Employees Work at Modern Living Solutions?

Modern Living Solutions has a workforce of 66 employees as of Sep 06, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Modern Living Solutions, 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 Living Solutions's trajectory.

Rating

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Alerts

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.

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Latest Updates, News, and FAQs on Modern Living Solutions

Recent Activity within the Organization

Annual General Meeting

The activity Modern Living Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was completed.
27 Sep 2025
Charges

Progress on 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. was documented.
30 Jul 2025
Balance Sheet

Modern Living Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge with Indian Overseas Bank amounted to Rs. 0.21 Cr with Charge ID 100514256 was registered on 09 Dec 2021. was documented.
09 Dec 2021
Charges

Progress on A charge with Indian Overseas Bank amounted to Rs. 1.50 Cr with Charge ID 10399682 was registered on 13 Dec 2012. was documented.
13 Dec 2012
Director Appointment

Vivek Moreshwar Deshpande was appointed as a Director was appointed as a Director on 20 Mar 2012 & has been associated with this company since 13 years 11 months . was recorded as a recent event.
20 Mar 2012

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