
About Modern Veer Rays Security Force (India) Pvt Ltd
Data last updated:
Modern Veer Rays Security Force (India) Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 16 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74920MH1992PTC067236. Its GSTIN is 27AAACM3692H1ZC (Maharashtra). The company holds 35 GST registrations, of which 30 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹81.25 Lakh. It is led by directors including Amit Gyanprakash Singh and Sumitkumar Gyanprakash Singh.
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 Atlanta Centre 6th Floor Sonawala Road Near Udyog Bhavan Goregoan East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,151.65 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹44.18 Cr (net margin 3.8%) and EBITDA of ₹75.94 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 15% over five years.
The company has about 26,791 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Modern Veer Rays Security Force. As per MCA filings, the company has open charges of ₹87.32 Cr and satisfied charges of ₹43.04 Cr on record. Court records list 53 cases involving the company, including 6 filed by the company and 45 filed against it; 6 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹97 Lakh; the latest was in March 2012. Its 10 peer companies in the Business Services industry (Security Services) are compared by revenue, 5 larger and 5 smaller; the largest is Sis Limited with revenue of ₹13,257 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernforce.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressAtlanta Centre 6th Floor Sonawala Road Near Udyog Bhavan Goregoan East, Mumbai, Maharashtra, India – 400063
- IndustryBusiness Services, Security & Surveillance
- 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
- One PDF report, delivered after checkout
Associated Brands with Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) operates one associated brand: Modern Veer Rays Security Force. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of customized security and integrated facilities management services | modernforce.com |
Business Activity of Modern Veer Rays Security Force (India) Pvt Ltd
The main business activity of Modern Veer Rays Security Force (India) is support service to organizations. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Modern Veer Rays Security Force (India) Pvt Ltd FY 2025 filings available
Modern Veer Rays Security Force (India) Pvt Ltd reported revenue of ₹1,151.65 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Modern Veer Rays Security Force (India) Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 10% growth in the latest year. EBITDA rose 12% 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 of Modern Veer Rays Security Force (India) Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹75.94 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.18 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Modern Veer Rays Security Force (India) Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Modern Veer Rays Security Force (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Gyanprakash Singh | Director | 15 Apr 2003 | 23 Years 6 Months | Current |
| Sumitkumar Gyanprakash Singh | Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Gyanprakash Shrinath Singh | Director | 16 Jun 1992 | 34 Years 4 Months | Current |
Peer Comparison of Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) Pvt Ltd is compared with the companies closest to it by revenue in the Business Services industry (Security Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sis Limited Listed | ₹13,257 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Patna, Bihar, India |
| G4s Secure Solutions (India) Private Limited | ₹3,329.57 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Walsons Services Private Limited | ₹1,352.91 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Peregrine Guarding Private Limited | ₹1,210.27 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Reliance Group Support Services Private Limited | ₹1,207.96 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Modern Veer Rays Security Force (India) Pvt Ltd this company | ₹1,151.65 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| A P Securitas Private Limited | ₹1,123.97 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Bombay Integrated Security (India) Limited | ₹1,096.24 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| S & Ib Services Private Limited | ₹971.01 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| Checkmate Services Private Limited | ₹899.82 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Vadodara, Gujarat, India |
| Innovision Limited | ₹895.95 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Modern Veer Rays Security Force (India) by revenue in the Business Services industry (Security Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) Pvt Ltd is audited by Shah & Taparia for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah & Taparia | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Modern Veer Rays Security Force (India) Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Modern Veer Rays Security Force (India) Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2022 | Hdfc Bank Limited | ₹8.5 Lakh | Open |
| 27 Sep 2021 | Hdfc Bank Limited | ₹15.35 Lakh | Open |
| 27 Sep 2021 | Hdfc Bank Limited | ₹15.35 Lakh | Open |
| 24 Sep 2021 | Hdfc Bank Limited | ₹15.35 Lakh | Open |
| 13 Aug 2021 | Hdfc Bank Limited | ₹7.5 Lakh | Open |
Total charge records: 27 View all charges
Deals & Funding of Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) Pvt Ltd has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹97 Lakh; the latest was in March 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Yamroosh Investments Private Limited , Statford Textile Specialities Ltd. , Ken Securities Limited |
| Mar 2012 | Funding round | ₹27 Lakh | Investors: 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2010 | Funding round | ₹70 Lakh | Investors: Ken Securities Limited , Nexus Software Limited , Yamroosh Investments Private Limited |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) Pvt Ltd has 53 court cases on record: 6 filed by Modern Veer Rays Security Force (India), 45 filed against it, 2 where it is another party. 6 cases are pending and 47 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 43 | 6 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Manappuram Finance Limited | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Manappuram Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
Full case history
All 53 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) Pvt Ltd has a workforce of 26,791 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Modern Informatics Private Limited | U72900MH2011PTC224476 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) Pvt Ltd has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Reena Ghyanprakash Singh ceased to be Director on 31 Mar 2023.
32 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Modern Veer Rays Security Force (India) Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Modern Veer Rays Security Force (India) Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Modern Veer Rays Security Force (India) Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) has 35 GST registrations: 30 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3692H1ZC | Maharashtra | Active | 01 Jul 2017 |
| 02AAACM3692H1ZO | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACM3692H1ZM | Punjab | Active | 01 Jul 2017 |
| 06AAACM3692H1ZG | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Modern Veer Rays Security Force (India) Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Modern Veer Rays Security Force (India) Pvt Ltd
Modern Veer Rays Security Force (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in security and surveillance, within the business services industry. It was incorporated on 16 June 1992 (34+ years old) and is registered under CIN U74920MH1992PTC067236.
Modern Veer Rays Security Force (India) reported revenue of ₹1,151.65 Cr for FY 2025 (up 10% YoY).
Modern Veer Rays Security Force (India) has 3 current directors:
- Amit Gyanprakash Singh - Director
- Sumitkumar Gyanprakash Singh - Director
- Gyanprakash Shrinath Singh - Director
Modern Veer Rays Security Force (India) reported a net profit of ₹44.18 Cr (net margin 3.8%) and EBITDA of ₹75.94 Cr (EBITDA margin 6.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Modern Veer Rays Security Force (India) is 15% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Modern Veer Rays Security Force (India) is 27AAACM3692H1ZC, registered in Maharashtra. The company has 35 GST registrations in all, of which 30 are active and 5 are cancelled or inactive. Other active GSTINs include 02AAACM3692H1ZO (Himachal Pradesh), 03AAACM3692H1ZM (Punjab), 06AAACM3692H1ZG (Haryana).
The CIN (Corporate Identification Number) of Modern Veer Rays Security Force (India) is U74920MH1992PTC067236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Veer Rays Security Force (India) has 53 court cases on record: 6 filed by the company and 45 filed against it. 6 are pending. Most are in the district courts.
Modern Veer Rays Security Force (India) was incorporated on 16 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Modern Veer Rays Security Force (India) has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹97 Lakh; the latest was in March 2012.
The peers of Modern Veer Rays Security Force (India) by revenue are Sis Limited, G4s Secure Solutions (India) Private Limited, Walsons Services Private Limited, Peregrine Guarding Private Limited, Reliance Group Support Services Private Limited and 5 more, all in the Business Services industry (Security Services).