Modern Products Private Limited
About Modern Products Private Limited
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Modern Products Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 09 January 1937 and has been in existence for over 89 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1937PTC002587.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.51 Lakh. It is led by directors Bhaven Tarunkumar Shah and Tarun Keshrichand Shah.
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 Church Gate House3 Rd Floor Veer Nariman Road, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹94,479, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Lakh (net margin -169.2%) and EBITDA of -₹1.6 Lakh (EBITDA margin -169.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 5% over five years.
Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Modern Products Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressChurch Gate House3 Rd Floor Veer Nariman Road, Mumbai, Maharashtra, India – 400023
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Modern Products 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
Business activity
The main business activity of Modern Products is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Modern Products Private Limited, buy the company report.
Financials of Modern Products Private Limited
FY 2025 filings availableModern Products Private Limited reported revenue of ₹94,479 (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.6 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -169.2% | ||||
| Net Profit Margin | -169.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Modern Products Private Limited, buy the company report.
Board of directors of Modern Products Private Limited
Modern Products has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaven Tarunkumar Shah Also directs: Edgecraft Solutions Private Limited, Presolv360 Adr Odr Foundation | Director | 10 Nov 2010 | 15 Years 11 Months | Current |
| Tarun Keshrichand Shah | Director | 15 Jul 1978 | 48 Years 3 Months | Current |
Peer comparison
Modern Products Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rishi Management Services Private Limited | ₹95,845 (FY 2025) | -43.0% | Swarupnagar, West Bengal, India | |||
| Analeptic Medic Private Limited | ₹95,631 (FY 2024) | Rajpura, Punjab, India | ||||
| Hena Overplus Paper Private Limited | ₹94,998 (FY 2024) | Serampore, West Bengal, India | ||||
| Investors Grievances Services (India) Private Limited | ₹94,863 (FY 2025) | 51.0% | Mumbai, Maharashtra, India | |||
| Eetaa Foods Private Limited | ₹94,757 (FY 2025) | -66.0% | Ernakulam, Kerala, India | |||
| Modern Products Private Limitedthis company | ₹94,479 (FY 2025) | -₹1.6 Lakh | -169.2% | 1.0% | Mumbai, Maharashtra, India | |
| Mangalkari Distributors Private Limited. | ₹94,000 (FY 2024) | 9.0% | Kolkata, West Bengal, India | |||
| Ufk Consumer Products Private Limited | ₹93,941 (FY 2024) | 370.0% | Delhi, India | |||
| Debajyoti Forex & Travels Private Limited | ₹93,930 (FY 2025) | Kolkata, West Bengal, India | ||||
| Foxyprime India Private Limited | ₹93,851 (FY 2024) | -24.0% | Kalyan, Maharashtra, India | |||
| A.S. House of Electronics India Private Limited | ₹93,521 (FY 2025) | 87.0% | Kalyan, Maharashtra, India |
To see the full peer comparison of Modern Products Private Limited, buy the company report.
Auditor
Modern Products Private Limited is audited by PRADIP J. ZAVERI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADIP J. ZAVERI | FY 2017 | 17577 |
Shareholding
The shareholding of Modern Products Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Modern Products Private Limited, buy the company report.
Legal cases
Modern Products Private Limited has 8 court cases on record: 3 filed by Modern Products, 5 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 2 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed against the company by Messrs Nak Engineering Company Pvt Ltd | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against Ms. Nak Engineering Co.P.Ltd. and 3 others | Pending |
| Bombay High Court | Court case (S) | Filed against the company by Urvi Holdings Pvt Ltd and 18 Ors | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Urvi Holdings Pvt Ltd and 18 Ors | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed against the company by Ms.Nak Engineering Co.Pvt.Ltd. Ors. | Disposed |
To see the full case history of Modern Products 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 Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Modern Products Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Modern Products Private Limited has 4 board changes on record since 1978: 3 appointments and 1 cessation. The latest: Hansa Tarun Shah ceased to be Director on 18 Mar 2021.
Frequently asked questions
Modern Products is an active private limited company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 09 January 1937 (89+ years old) and is registered under CIN U74999MH1937PTC002587.
Modern Products has 2 current directors:
- Bhaven Tarunkumar Shah - Director
- Tarun Keshrichand Shah - Director
The latest financial statements of Modern Products 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 CIN (Corporate Identification Number) of Modern Products is U74999MH1937PTC002587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Products has 8 court cases on record: 3 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Modern Products was incorporated on 09 January 1937, making it 89+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Modern Products by revenue are Rishi Management Services Private Limited, Analeptic Medic Private Limited, Hena Overplus Paper Private Limited, Investors Grievances Services (India) Private Limited, Eetaa Foods Private Limited and 5 more, all in the same principal business activity (retail trade, except of motor vehicles and motorcycles).
Hansa Tarun Shah ceased to be Director on 18 Mar 2021. Bhaven Tarunkumar Shah was appointed as Director on 10 Nov 2010. Hansa Tarun Shah was appointed as Director on 20 Jan 1980. Modern Products has 4 board changes on record in total.
The registered office of Modern Products is at Church Gate House3 Rd Floor Veer Nariman Road, Mumbai, Maharashtra, India – 400023.
Modern Products operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Modern Products is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.
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