Modern Petro-Packagings Limited
About Modern Petro-Packagings Limited
Data last updated:
Modern Petro-Packagings Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 21 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25202MH1999PLC123210. Its GSTIN is 26AACCM4615J1ZI (Dadra and Nagar Haveli and Daman and Diu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75.5 Lakh. It is led by directors including Karsan Umed Kapadi and Dilip Patel Karsan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.85 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹4.78 Lakh (net margin -1.7%) and EBITDA of ₹4.41 Lakh (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.35 Cr and satisfied charges of ₹4.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Modern Petro-Packagings has one previous CIN (Corporate Identification Number): U25202MH1999PTC123210. The current CIN is U25202MH1999PLC123210, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25202MH1999PLC123210 | Current |
| U25202MH1999PTC123210 | Previous |
Contact details
Modern Petro-Packagings Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address19 Bharat Udyog Nagar Vishweshwar Nagar Cross Road Goregaon (, E), Mumbai, Maharashtra, India – 400063
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Modern Petro-Packagings 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
Business activity
The main business activity of Modern Petro-Packagings is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Modern Petro-Packagings Limited, buy the company report.
Financials of Modern Petro-Packagings Limited
FY 2021 filings availableModern Petro-Packagings Limited reported revenue of ₹2.85 Cr (down 8% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 8% fall in the latest year. EBITDA fell 61% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹4.41 Lakh | ||||
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| Net Profit (PAT) | -₹4.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Modern Petro-Packagings Limited, buy the company report.
Board of directors of Modern Petro-Packagings Limited
Modern Petro-Packagings has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Becharbhai Kapadi | Additional Director | 15 Sep 2021 | 5 Years 1 Months | Current |
| Karsan Umed Kapadi | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
| Kanti Karsan Patel Also directs: Saw Industrial Resources Private Limited | Additional Director | 15 Sep 2021 | 5 Years 1 Months | Current |
| Dilip Patel Karsan | Director | 23 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Modern Petro-Packagings Limited is audited by DAXESH TANDEL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAXESH TANDEL & ASSOCIATES | FY 2019 | 135027W |
Shareholding
The shareholding of Modern Petro-Packagings Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Modern Petro-Packagings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2017 | 100104862 | Others | ₹2.35 Cr | Open | |
| 22 Sep 2009 | 10186201 | The South Indian Bank Limited | ₹2.5 Cr | Satisfied | |
| 24 Aug 2009 | 10179938 | The South Indian Bank Limited | ₹1.2 Cr | Satisfied | |
| 27 Apr 2006 | 10003584 | Bank of Baroda | ₹1 Cr | Satisfied |
To see the full charge records of Modern Petro-Packagings Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Modern Petro-Packagings Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modern Petro-Packagings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modern Petro-Packagings Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Modern Petro-Packagings has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AACCM4615J1ZI | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Modern Petro-Packagings Limited, buy the company report.
Recent activity
Modern Petro-Packagings Limited has 12 board changes on record since 2008: 4 appointments and 8 cessations. The latest: Vijay Laxminarayan Khetan ceased to be Managing Director on 09 Jun 2022.
13 earlier events are in the company report.
Frequently asked questions
Modern Petro-Packagings is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 21 December 1999 (27+ years old) and is registered under CIN U25202MH1999PLC123210.
Modern Petro-Packagings has 4 current directors:
- Satish Becharbhai Kapadi - Additional Director
- Karsan Umed Kapadi - Director
- Kanti Karsan Patel - Additional Director
- Dilip Patel Karsan - Director
The latest financial statements of Modern Petro-Packagings on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Modern Petro-Packagings is 26AACCM4615J1ZI, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Modern Petro-Packagings is U25202MH1999PLC123210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Petro-Packagings was incorporated on 21 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Vijay Laxminarayan Khetan ceased to be Managing Director on 09 Jun 2022. Kanti Karsan Patel was appointed as Additional Director on 15 Sep 2021. Satish Becharbhai Kapadi was appointed as Additional Director on 15 Sep 2021. Modern Petro-Packagings has 12 board changes on record in total.
The registered office of Modern Petro-Packagings is at 19 Bharat Udyog Nagar Vishweshwar Nagar Cross Road Goregaon , E, Mumbai, Maharashtra, India – 400063.
Modern Petro-Packagings operates in the manufacturing industry, in the plastic-based products segment.
Modern Petro-Packagings has open charges of ₹2.35 Cr and satisfied charges of ₹4.7 Cr as per latest MCA filings.
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