Modern Shares And Stockbrokers Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1939.
1939 Mumbai, Maharashtra, India Active
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About Modern Shares And Stockbrokers Limited

Modern Shares And Stockbrokers Limited, a active public limited company, was established on 01 July 1939 in Mumbai, Maharashtra, India. Engaging in portfolio management services within the financial and insurance service sector, it holds CIN: L45200MH1939PLC002958. Registered under ROC Roc Mumbai I. it is listed on BSE: 509760. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹2.93 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹2.97 Cr and a net worth of ₹12.13 Cr. Employing 18 professional, Its leadership includes Narendra Hira Advani (Director), Anil Sugno Manghnani (Whole-Time Director), Pankaj Rajnikant Ved (Director). Past directors included Radhakrishna Narayan Shenvi, Narendra Hira Advani, Anil Gajanan Jani. It holds ₹1.74 Cr open charges and no settled loans. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at Wankhede Stadium North Standl And M Wings D Road Churchgate, Mumbai, Maharashtra, 400020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L45200MH1939PLC002958

  • Registration Number

    002958

  • Incorporation Date

    01 July 1939

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹2.93 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Listed (BSE: 509760)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 2.93 Cr
  • Company Age 86 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.74 Cr
  • Revenue Growth **** -9.01%
  • Profit Growth **** -35.04%
  • Ebitda **** -26.45%
  • Net Worth 1.33%
  • Total Assets **** 14.21%
Company report

Modern Shares And Stockbrokers Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Modern Shares And Stockbrokers 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 Shares And Stockbrokers Limited?
Current Directors
Name Designation Appointment Date Status
Narendra Hira Advani Director 30 May 2011 Current
Anil Sugno Manghnani Whole-Time Director 25 Oct 2000 Current
Pankaj Rajnikant Ved Director 01 Apr 2019 Current
Ramesh Ramchand Narang Director 08 Aug 2024 Current
Ghansham Shewakramani Director 25 Jan 1995 Current
Roshan Advani Patheria Director 31 Jan 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Feb 2015 Past
Pramod Abcsdd Additional Director 23 Sep 2011 Past
Pramod Abcsdd Company Secretary 31 May 2010 Past
Pramod Abcsdd Additional Director 27 Sep 2019 Past
Pramod Abcsdd Director 11 Feb 2019 Past
Pramod Abcsdd Additional Director 26 Sep 2024 Past

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Financial Performance of Modern Shares And Stockbrokers.

Modern Shares And Stockbrokers Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.01% decrease. The company also saw a substantial fall in profitability, with a 35.04% decrease in profit. The company's net worth moved up by a moderate rise of 1.33%.

Modern Shares And Stockbrokers revenue growth over time
Modern Shares And Stockbrokers profit and loss trends over time
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
  • 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
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 -9.01%
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Revenue from Operations
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 -8.84%
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Total Assets
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 14.21%
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Profit or Loss
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 -35.04%
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Net Worth
*******
 1.33%
*******
*******
*******
*******
EBITDA
*******
 -26.45%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Modern Shares And Stockbrokers?

In 2023, Modern Shares And Stockbrokers had a promoter holding of 72.83% and a public holding of 27.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹17,430,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 1.50 Cr
  • The Sarawat Co-Op Bank Ltd : 0.15 Cr
  • New India Co-Op Bank Ltd : 0.05 Cr
  • The Saraewat Co-Op Bank Ltd : 0.04 Cr
Latest Charge Details
Date Lender Amount Status
25 May 2021 Axis Bank Limited ₹1.50 Cr Open
17 Feb 1997 New India Co-Op Bank Ltd ₹0.50 M Open
01 Jul 1989 The Saraewat Co-Op Bank Ltd ₹0.43 M Open
22 Jun 1985 The Sarawat Co-Op Bank Ltd ₹1.50 M Open

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How Many Employees Work at Modern Shares And Stockbrokers?

Modern Shares And Stockbrokers has a workforce of 18 employees as of Apr 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Shares And Stockbrokers, 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 Shares And Stockbrokers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 Shares And Stockbrokers
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Modern Shares And Stockbrokers Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Modern Shares And Stockbrokers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was completed.

  • Director Appointment

    Ramesh Ramchand Narang was appointed as a Director was appointed as a Director on 08 Aug 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100447064 was registered on 25 May 2021. was completed.

  • Director Appointment

    The activity Pankaj Rajnikant Ved was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 6 years 11 months . was completed.

  • Director Appointment

    Vibha Dinesh Mehta was appointed as a Company Secretary was appointed as a Company Secretary on 19 Nov 2018 & has been associated with this company since 7 years 3 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Modern Shares And Stockbrokers Limited?

The CIN of Modern Shares And Stockbrokers Limited is L45200MH1939PLC002958.

Where is Modern Shares And Stockbrokers Limited headquartered?

Modern Shares And Stockbrokers Limited is headquartered at Wankhede Stadium North Standl And M Wings D Road Churchgate, Mumbai, Maharashtra, 400020.

When was Modern Shares And Stockbrokers Limited incorporated?

Modern Shares And Stockbrokers Limited was incorporated on 01 July 1939.

Who are the current directors of Modern Shares And Stockbrokers Limited?

The current directors of Modern Shares And Stockbrokers Limited are

What is the primary industry of Modern Shares And Stockbrokers Limited?

The primary industry of Modern Shares And Stockbrokers Limited is Financial And Insurance Service.

Is Modern Shares And Stockbrokers Limited a listed company?

Modern Shares And Stockbrokers Limited is listed. It is listed on BSE: 509760.

What is the capital structure of Modern Shares And Stockbrokers Limited?

The authorized capital of Modern Shares And Stockbrokers Limited is ₹6.00 Cr, and the paid-up capital is ₹2.93 Cr.

What is the compliance status of Modern Shares And Stockbrokers Limited?

The compliance status of Modern Shares And Stockbrokers Limited is Compliant.

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