MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0061160
Modern Metaalics Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹39.06 Cr
▲ 17% YoY
Net profit · FY 2023
₹50.17 Lakh
Net margin 1.3%
EBITDA · FY 2023
₹5.21 Cr
EBITDA margin 13.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10.13 Lakh
Issued & subscribed
Open charges
₹27.35 Cr
Satisfied ₹9.74 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
14
Provident fund records
About Modern Metaalics Private Limited
Data last updated:
Modern Metaalics Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17291GJ2011PTC065984. Its GSTIN is 24AAHCM5041P1Z7 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.13 Lakh. It is led by directors including Pariean Nitinbhai Kotecha (Managing Director) and Nitin Yashlal Kotecha (Managing Director).
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 Plot No. 346 347 348 – A Unity Industrial Estate Batliboi Pandesara Bhestan Road, Surat, Gujarat, India – 394221.
As per the financials filed for FY 2023, the company reported a revenue of ₹39.06 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹50.17 Lakh (net margin 1.3%) and EBITDA of ₹5.21 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Modern Craft. As per MCA filings, the company has open charges of ₹27.35 Cr and satisfied charges of ₹9.74 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Modern Metaalics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0061160). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernmetaalics.com.
Company details
CIN U17291GJ2011PTC065984
Registration Number 065984
Incorporation Date 20 June 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0061160
Key People
Pariean Nitinbhai Kotecha Managing Director Nitin Yashlal Kotecha Managing Director Karan Nitinbhai Kotecha Whole-Time Director Recognitions & Rankings of Modern Metaalics
Contact details
Modern Metaalics Private Limited's registered office is in Surat, Gujarat. Its website is modernmetaalics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 346 347 348 – A Unity Industrial Estate Batliboi Pandesara Bhestan Road, Surat, Gujarat, India – 394221
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Modern Metaalics Private Limited, buy the company report.
Comprehensive company report
Modern Metaalics Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Modern Metaalics operates one associated brand: MODERN CRAFT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of yarns and threads in India. | modernmetaalics.com |
Financials of Modern Metaalics Private Limited
FY 2025 filings availableModern Metaalics Private Limited reported revenue of ₹39.06 Cr (up 17% YoY) for FY 2023.
Revenue · FY 2023
₹39.06 Cr ▲ 17%
Net profit · FY 2023
₹50.17 Lakh margin 1.3%
EBITDA · FY 2023
₹5.21 Cr margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 15%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 14%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 17% growth in the latest year. EBITDA rose 36% 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 | ₹39.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.17 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 | 13.3% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Metaalics Private Limited, buy the company report.
Board of directors of Modern Metaalics Private Limited
Modern Metaalics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pariean Nitinbhai Kotecha | Managing Director | 20 Jun 2011 | 15 Years 4 Months | Current |
| Karan Nitinbhai Kotecha | Whole-Time Director | 20 Jun 2011 | 15 Years 4 Months | Current |
| Nitin Yashlal Kotecha | Managing Director | 06 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Modern Metaalics Private Limited is audited by P K M G & Company LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K M G & Company LLP | FY 2023 | 129894W |
Shareholding
The shareholding of Modern Metaalics 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 Metaalics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.35 Cr
Satisfied charges
₹9.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2025 | 101140840 | Axis Bank Limited | ₹2.05 Cr | Open | |
| 27 Jun 2022 | 100588078 | Standard Chartered Bank | ₹56 Lakh | Open | |
| 27 Jun 2022 | 100592947 | Standard Chartered Bank | ₹24.55 Cr | Open | |
| 23 Jun 2022 | 100592917 | Standard Chartered Bank | ₹18.75 Lakh | Open | |
| 17 Oct 2024 | 100997992 | Others | ₹77.98 Lakh | Satisfied |
To see the full charge records of Modern Metaalics Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Modern Metaalics Private Limited has 2 court cases on record: 2 filed by Modern Metaalics. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Civil suit | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Disposed |
To see the full case history of Modern Metaalics 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.
Credit ratings & regulatory alerts
Modern Metaalics Private Limited was last rated by Icra on 18 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 Mar 2020 |
To see the full credit ratings and regulatory alerts of Modern Metaalics Private Limited, buy the company report.
MSME payment delays
Modern Metaalics Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 67 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Whitelotus Industries Limited | |||
| Sunrise Polypack Private Limited | |||
| an individual supplier | |||
| Shree Ganesh Dryfruits | |||
| an individual supplier |
To see the full MSME payment records of Modern Metaalics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Modern Metaalics Private Limited has a workforce of 14 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
GST
Modern Metaalics has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCM5041P1Z7 | Gujarat | Active | 01 Jul 2017 |
| 24AAHCM5041P2Z6 | Gujarat | Active | 25 Apr 2024 |
To see the full GST registrations and return filing status of Modern Metaalics Private Limited, buy the company report.
Recent activity
Modern Metaalics Private Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Nitin Yashlal Kotecha was appointed as Managing Director on 06 Sep 2018.
AGM
Modern Metaalics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 17 Oct 2024 via Charge ID 100997992 with Others was fully satisfied on 01 Sep 2025.
Charges
A charge registered on 22 Apr 2024 via Charge ID 100916278 with Others was fully satisfied on 01 Sep 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 205.00 Lakh with Charge ID 101140840 was registered on 04 Aug 2025.
Charges
A charge with Standard Chartered Bank of Rs. 2,455.00 Lakh registered on 27 Jun 2022 with Charge ID 100592947 was modified on 27 Jun 2025.
Charges
A charge with Standard Chartered Bank of Rs. 18.75 Lakh registered on 23 Jun 2022 with Charge ID 100592917 was modified on 27 Jun 2025.
Charges
A charge with Standard Chartered Bank of Rs. 56.00 Lakh registered on 27 Jun 2022 with Charge ID 100588078 was modified on 02 Jun 2025.
Filing
Modern Metaalics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 77.98 Lakh with Charge ID 100997992 was registered on 17 Oct 2024.
Charges
A charge with Others amounted to Rs. 155.90 Lakh with Charge ID 100916278 was registered on 22 Apr 2024.
Charges
A charge registered on 28 Oct 2020 via Charge ID 100406111 with Others was fully satisfied on 06 Jul 2022.
Charges
A charge registered on 18 May 2012 via Charge ID 10357011 with Others was fully satisfied on 06 Jul 2022.
12 earlier events are in the company report.
Frequently asked questions
Modern Metaalics is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 June 2011 (15+ years old) and is registered under CIN U17291GJ2011PTC065984.
Modern Metaalics has 3 current directors:
- Pariean Nitinbhai Kotecha - Managing Director
- Nitin Yashlal Kotecha - Managing Director
- Karan Nitinbhai Kotecha - Whole-Time Director
The latest financial statements of Modern Metaalics 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.
The GSTIN of Modern Metaalics is 24AAHCM5041P1Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAHCM5041P2Z6 (Gujarat).
The CIN (Corporate Identification Number) of Modern Metaalics is U17291GJ2011PTC065984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Metaalics has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Modern Metaalics was incorporated on 20 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nitin Yashlal Kotecha was appointed as Managing Director on 06 Sep 2018. Karan Nitinbhai Kotecha ceased to be Director on 15 Jan 2013. Pariean Nitinbhai Kotecha ceased to be Director on 15 Jan 2013. Modern Metaalics has 5 board changes on record in total.
Yes, Modern Metaalics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0061160).
Modern Metaalics has 3 MSME Form 1 returns on record between 2019 and 2021, listing 67 overdue payments to 11 micro and small suppliers. The latest return was filed on 27 Jun 2021.
Modern Metaalics can be reached through the website modernmetaalics.com. Its registered office is in Surat, Gujarat, India.