Modern Terry Towels Limited - Company Profile

It is a manufacturing public limited company based in Jaipur, Rajasthan, India, established in 1976.
1976 Jaipur, Rajasthan, India Amalgamated
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About Modern Terry Towels Limited

Modern Terry Towels Limited, a amalgamated public limited company, was established on 13 August 1976 in Jaipur, Rajasthan, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17124RJ1976PLC001869. Registered under ROC Roc Jaipur. it is listed. It has an authorized capital of ₹65.00 Cr and a paid-up capital of ₹38.10 Cr.

Employing 84 professional, Its leadership includes Sureshkumar Mohanlal Sharma (Director), Meenu Alok Sacheti (Director), Sanjay Baijal (Whole-Time Director). Past directors included Punit Saxena, Sureshkumar Mohanlal Sharma, Brij Lal Khanna. It holds no open charges and ₹110.55 Cr settled loans. Its latest AGM occurred on 22 September 2016, with the balance sheet filed on 31 March 2016. It is based at A-4, Vijay Path, Tilak Nagar,, Jaipur, Rajasthan, 302004.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L17124RJ1976PLC001869

  • Registration Number

    001869

  • Incorporation Date

    13 August 1976

  • Authorized Capital

    ₹65.00 Cr

  • Paid-Up Capital

    ₹38.10 Cr

  • ROC Code

    Roc Jaipur

  • Listing Status

    Listed

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 38.10 Cr
  • Company Age 49 Year, 6 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 110.55 Cr
  • Revenue Growth **** 90.12%
  • Profit Growth **** -132.97%
  • Ebitda **** 131.00%
  • Net Worth -27.29%
  • Total Assets **** 25.98%
Company report

Modern Terry Towels Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Modern Terry Towels 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 Terry Towels Limited?
Current Directors
Name Designation Appointment Date Status
Sureshkumar Mohanlal Sharma Director 31 Mar 2008 Current
Meenu Alok Sacheti Director 31 Mar 2015 Current
Sanjay Baijal Whole-Time Director 01 Jul 2013 Current
Sachin Ranka Director 25 Sep 1992 Current
Hiralal Sharma Director 24 Mar 2001 Current
Prabhakar Krishna Rao Director 31 Mar 2000 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 05 Jan 2010 Past
Pramod Abcsdd Whole-Time Director 30 Sep 2008 Past
Pramod Abcsdd Nominee Director 03 Feb 2016 Past
Pramod Abcsdd Additional Director 22 Sep 2015 Past
Pramod Abcsdd Additional Director 01 Jul 2013 Past
Pramod Abcsdd Nominee Director 30 Jun 2009 Past

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Financial Performance of Modern Terry Towels.

Modern Terry Towels Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 90.12% increase. The company also saw a substantial fall in profitability, with a 132.97% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.29%.

Modern Terry Towels revenue growth over time
Modern Terry Towels 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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 90.12%
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*******
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Revenue from Operations
*******
 94.15%
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*******
Total Assets
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 25.98%
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*******
*******
*******
Profit or Loss
*******
 -132.97%
*******
*******
*******
*******
Net Worth
*******
 -27.29%
*******
*******
*******
*******
EBITDA
*******
 131.00%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Modern Terry Towels?

In 2016, Modern Terry Towels had a promoter holding of 41.91% and a public holding of 58.09%. 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

₹0

Satisfied Charges

₹1,105,500,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 29.80 Cr
  • Punjab & Sind Bank : 28.38 Cr
  • Asian Finance & Investment Corporation Ltd. : 26.24 Cr
  • Oriental Bank Of Commerce : 10.36 Cr
  • Indian Overseas Bank : 10.00 Cr
  • Others : 5.77 Cr
Latest Charge Details
Date Lender Amount Status
26 Feb 1998 Bank Of India ₹4.75 Cr Satisfied
26 Aug 1995 Punjab & Sind Bank ₹2.50 Cr Satisfied
12 May 1995 Indian Overseas Bank ₹10.00 Cr Satisfied
04 May 1995 Punjab & Sind Bank ₹4.13 Cr Satisfied
04 May 1995 Punjab & Sind Bank ₹2.50 M Satisfied

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How Many Employees Work at Modern Terry Towels?

Modern Terry Towels has a workforce of 84 employees as of Apr 02, 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 Terry Towels, 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 Terry Towels'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 Terry Towels
Recent Activity within the Organization
  • Annual General Meeting

    Modern Terry Towels Limited last Annual general meeting of members was held on 22 Sep 2016 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Modern Terry Towels Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Jaipur. was documented.

  • Director Appointment

    The activity Meenu Alok Sacheti was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 10 years 11 months . was completed.

  • Director Appointment

    Progress on Vishnu Kant Mangal was appointed as a CFO was appointed as a CFO on 01 Jul 2014 & has been associated with this company since 11 years 8 months . was documented.

  • Director Appointment

    Sanjay Baijal was appointed as a Whole-time director was appointed as a Whole-time director on 01 Jul 2013 & has been associated with this company since 12 years 8 months . was recorded as a recent event.

  • Charges

    A charge registered on 26 Aug 1995 via Charge ID 80062567 with Punjab & Sind Bank was fully satisfied on 05 Sep 2012. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Modern Terry Towels Limited?

The CIN of Modern Terry Towels Limited is L17124RJ1976PLC001869.

Where is Modern Terry Towels Limited headquartered?

Modern Terry Towels Limited is headquartered at A-4, Vijay Path, Tilak Nagar,, Jaipur, Rajasthan, 302004.

When was Modern Terry Towels Limited incorporated?

Modern Terry Towels Limited was incorporated on 13 August 1976.

Who are the current directors of Modern Terry Towels Limited?

The current directors of Modern Terry Towels Limited are

What is the primary industry of Modern Terry Towels Limited?

The primary industry of Modern Terry Towels Limited is Manufacturing.

Is Modern Terry Towels Limited a listed company?

Modern Terry Towels Limited is listed.

What is the capital structure of Modern Terry Towels Limited?

The authorized capital of Modern Terry Towels Limited is ₹65.00 Cr, and the paid-up capital is ₹38.10 Cr.

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