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. 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.
L45200MH1939PLC002958
002958
01 July 1939
₹6.00 Cr
₹2.93 Cr
Roc Mumbai
Listed (BSE: 509760)
Active
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| 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 |
| 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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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%.
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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.
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₹17,430,000.00
₹0
| 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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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.
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.
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The activity Modern Shares And Stockbrokers Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was completed.
Modern Shares And Stockbrokers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
Progress on 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 5 months . was documented.
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.
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 9 months . was completed.
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 2 months . was recorded as a recent event.
The CIN of Modern Shares And Stockbrokers Limited is L45200MH1939PLC002958.
Modern Shares And Stockbrokers Limited is headquartered at Wankhede Stadium North Standl And M Wings D Road Churchgate, Mumbai, Maharashtra, 400020.
Modern Shares And Stockbrokers Limited was incorporated on 01 July 1939.
The current directors of Modern Shares And Stockbrokers Limited are
The primary industry of Modern Shares And Stockbrokers Limited is Financial And Insurance Service.
Modern Shares And Stockbrokers Limited is listed. It is listed on BSE: 509760.
The authorized capital of Modern Shares And Stockbrokers Limited is ₹6.00 Cr, and the paid-up capital is ₹2.93 Cr.
The compliance status of Modern Shares And Stockbrokers Limited is Compliant.
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