Modern Retailing Concepts Private Limited
About Modern Retailing Concepts Private Limited
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Modern Retailing Concepts Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 26 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U52322PN2006PTC128514. Its GSTIN is 27AAHCM0763E1ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neeta Chetan Parakh and Chetan Kantilal Parakh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 1 Times Square S. No. 699 Pune – Satara Road, Maharashtra, India – 411037.
As per MCA filings, the company has open charges of ₹2.66 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Modern Retailing Concepts Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 1 Times Square S. No. 699 Pune – Satara Road, Maharashtra, India – 411037
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Modern Retailing Concepts 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
Financials of Modern Retailing Concepts Private Limited
FY 2024 filings availableModern Retailing Concepts Private Limited reported revenue of ₹540 (down 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over five years, including a 30% fall 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
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Financial Ratios
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To see the full financial statements and ratios of Modern Retailing Concepts Private Limited, buy the company report.
Board of directors of Modern Retailing Concepts Private Limited
Modern Retailing Concepts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeta Chetan Parakh | Director | 26 May 2006 | 20 Years 5 Months | Current |
| Chetan Kantilal Parakh Also directs: Lank Hospitality Private Limited | Director | 26 May 2006 | 20 Years 5 Months | Current |
Peer comparison
Modern Retailing Concepts Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nirmitee Texfab Private Limited | ₹651 (FY 2018) | -100.0% | Mumbai, Maharashtra, India | |||
| Garvick Knits & Apparels Private Limited | ₹581 (FY 2025) | -94.0% | New Delhi, Delhi, India | |||
| Modern Retailing Concepts Private Limitedthis company | ₹540 (FY 2024) | -30.0% | Pune, Maharashtra, India | |||
| Chopra Motors Private Limited | ₹475 (FY 2025) | New Delhi, Delhi, India | ||||
| Tashkent Excellent Apparels Private Limited | ₹395 (FY 2025) | -100.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Modern Retailing Concepts Private Limited, buy the company report.
Auditor
Modern Retailing Concepts Private Limited is audited by MANTRI MARU & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANTRI MARU & CO. | FY 2023 | 118690W |
Shareholding
The shareholding of Modern Retailing Concepts 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 |
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| Others |
To see the full shareholding pattern of Modern Retailing Concepts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2022 | 100602440 | Others | ₹9,500 | Open | |
| 22 Mar 2011 | 10285321 | Janata Sahakari Bank Limited Pune | ₹60 Lakh | Open | |
| 10 Mar 2010 | 10214385 | Janata Sahakari Bank Limited | ₹40 Lakh | Open | |
| 18 Mar 2009 | 10156316 | Janata Sahakari Bank Limited. Pune | ₹30 Lakh | Open | |
| 30 Mar 2007 | 10044853 | The Janata Sahakari Bank Limited Pune | ₹1 Cr | Open |
To see the full charge records of Modern Retailing Concepts Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Modern Retailing Concepts Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Modern Retailing Concepts 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 Retailing Concepts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Retailing Concepts has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM0763E1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Retailing Concepts Private Limited, buy the company report.
Recent activity
Modern Retailing Concepts Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Chetan Kantilal Parakh was appointed as Director on 26 May 2006.
1 earlier event is in the company report.
Frequently asked questions
Modern Retailing Concepts is an active private limited company based in Pune, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 26 May 2006 (20+ years old) and is registered under CIN U52322PN2006PTC128514.
Modern Retailing Concepts has 2 current directors:
- Neeta Chetan Parakh - Director
- Chetan Kantilal Parakh - Director
The latest financial statements of Modern Retailing Concepts on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Modern Retailing Concepts is 27AAHCM0763E1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Modern Retailing Concepts is U52322PN2006PTC128514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Retailing Concepts has 1 court case on record: 1 filed against it.
Modern Retailing Concepts was incorporated on 26 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Modern Retailing Concepts by revenue are Nirmitee Texfab Private Limited, Garvick Knits & Apparels Private Limited, Chopra Motors Private Limited, Tashkent Excellent Apparels Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Chetan Kantilal Parakh was appointed as Director on 26 May 2006. Neeta Chetan Parakh was appointed as Director on 26 May 2006.
The registered office of Modern Retailing Concepts is at Shop No. 1 Times Square S. No. 699 Pune – Satara Road, Maharashtra, India – 411037.
Modern Retailing Concepts operates in the fashion and textile industry, in the fashion retail segment.
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