MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0039647
Modernizing Trends Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹81.43 Cr
▼ 2% YoY
Net profit · FY 2025
₹80.44 Lakh
Net margin 1%
EBITDA · FY 2025
₹5.23 Cr
EBITDA margin 6.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹18 Lakh
Issued & subscribed
Open charges
₹24 Cr
Satisfied ₹31.35 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
132
Provident fund records
About Modernizing Trends Private Limited
Data last updated:
Modernizing Trends Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 12 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29120MH2005PTC155324. Its GSTIN is 27AAECM3668D1ZG (Maharashtra). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹18 Lakh. It was formerly known as Modern Sales Agency (India) Private Limited. It is led by directors including Jayshree Rupesh Mehta and Mita Nilesh Mehta.
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 G – 3 Neel Madhav Valji Ladha Cross Road Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.43 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹80.44 Lakh (net margin 1%) and EBITDA of ₹5.23 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 12% over five years.
The company has about 132 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Modernizing Trends. As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹31.35 Cr on record. Court records list 24 cases involving the company, including 21 filed by the company and 3 filed against it; 7 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.7 Cr; the latest was in March 2023.
Modernizing Trends Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0039647). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernizingtrends.com.
Company details
CIN U29120MH2005PTC155324
Registration Number 155324
Incorporation Date 12 August 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0039647
Recognitions & Rankings of Modernizing Trends
Contact details
Modernizing Trends Private Limited's registered office is in Mumbai, Maharashtra. Its website is modernizingtrends.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 3 Neel Madhav Valji Ladha Cross Road Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Modernizing Trends Private Limited, buy the company report.
Comprehensive company report
Modernizing Trends Private Limited - one report that includes everything
- 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
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Brands
Modernizing Trends operates one associated brand: Modernizing Trends. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers water management systems and products for construction and modern environments. | modernizingtrends.com |
Business activity
The main business activity of Modernizing Trends is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Modernizing Trends Private Limited, buy the company report.
Financials of Modernizing Trends Private Limited
FY 2024 filings availableModernizing Trends Private Limited reported revenue of ₹81.43 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹81.43 Cr ▼ 2%
Net profit · FY 2025
₹80.44 Lakh margin 1%
EBITDA · FY 2025
₹5.23 Cr margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 4%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 12%
5 years · compounded
▲ 8%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 2% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.44 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Modernizing Trends Private Limited, buy the company report.
Board of directors of Modernizing Trends Private Limited
Modernizing Trends has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayshree Rupesh Mehta Also directs: Giacoqest Systems Private Limited | Director | 04 Dec 2014 | 11 Years 10 Months | Current |
| Mita Nilesh Mehta Also directs: Giacoqest Systems Private Limited, Ms Cube Systems Private Limited | Director | 04 Dec 2014 | 11 Years 10 Months | Current |
| Nilesh Pramod Mehta Also directs: Giacomini India Private Limited, Giacoklima Systems Private Limited, Bongio India Private Limited and 1 more | Director | 12 Aug 2005 | 21 Years 2 Months | Current |
| Samir Pramod Mehta | Director | 12 Aug 2005 | 21 Years 2 Months | Current |
| Rupesh Pramod Mehta | Director | 13 Aug 2005 | 21 Years 2 Months | Current |
| Dipali Samir Mehta Also directs: Giacoqest Systems Private Limited | Director | 04 Dec 2014 | 11 Years 10 Months | Current |
Auditor
Modernizing Trends Private Limited is audited by C.C. SHETH & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.C. SHETH & ASSOCIATES | FY 2024 | 0130568W |
Shareholding
The shareholding of Modernizing Trends Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modernizing Trends Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24 Cr
Satisfied charges
₹31.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2025 | 101059265 | Others | ₹14 Lakh | Open | |
| 02 Aug 2023 | 100814399 | Axis Bank Limited | ₹20 Lakh | Open | |
| 27 Apr 2022 | 100578308 | Others | ₹2.29 Cr | Open | |
| 27 Apr 2022 | 100579161 | Others | ₹20 Cr | Open | |
| 27 Apr 2022 | 100578683 | Others | ₹1.37 Cr | Open |
To see the full charge records of Modernizing Trends Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Modernizing Trends Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.7 Cr; the latest was in March 2023.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹1.7 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Gyaneshwar Trading And Finance Company Limited, Clifton Securities Private Limited , 2 individuals |
| Mar 2007 | Funding round | ₹1.7 Cr | Investors: Oshin Investments & Finance Pvt. Ltd. , Gyaneshwar Trading And Finance Company Limited, Macro Soft Technology Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Modernizing Trends Private Limited has 24 court cases on record: 21 filed by Modernizing Trends, 3 filed against it. 7 cases are pending and 17 are disposed.
Total cases
24
Filed by the company
21
Filed against the company
3
Pending
7
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 3 | 7 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Huliot Pipes and Fittings Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed by the company against M/S. Eversafe Marketing India Pvt. Ltd. and 2 and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Huliot Pipes and Fittings Private Limited. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Ireo Hospitality Co. Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Firesafe Marketing India Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Modernizing Trends 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.
Credit ratings & regulatory alerts
Modernizing Trends Private Limited was last rated by Crisil on 20 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Jul 2020 |
To see the full credit ratings and regulatory alerts of Modernizing Trends Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modernizing Trends Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Modernizing Trends has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Modernizing Trends Private Limited has a workforce of 132 employees on its EPFO records as of Jan 17, 2025, across 1 active EPFO establishment.
Employee count
132
Active EPFO establishments
1
Employee growth
6.45%
GST
Modernizing Trends has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
9
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM3668D1ZG | Maharashtra | Active | 01 Jul 2017 |
| 07AAECM3668D1ZI | Delhi | Active | 01 Jul 2017 |
| 19AAECM3668D1ZD | West Bengal | Active | 01 Jul 2017 |
| 24AAECM3668D1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modernizing Trends Private Limited, buy the company report.
Recent activity
Modernizing Trends Private Limited has 6 board changes on record since 2005: 6 appointments. The latest: Dipali Samir Mehta was appointed as Director on 04 Dec 2014.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101059265 was registered on 27 Feb 2025.
AGM
Modernizing Trends Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 29 Mar 2022 via Charge ID 100564109 with Others was fully satisfied on 27 Jun 2024.
Charges
A charge registered on 31 Dec 2010 via Charge ID 10272237 with Others was fully satisfied on 27 Jun 2024.
Filing
Modernizing Trends Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100814399 was registered on 02 Aug 2023.
Charges
A charge registered on 31 May 2018 via Charge ID 100185891 with Others was fully satisfied on 29 Oct 2022.
Charges
A charge with Others of Rs. 2.29 Cr registered on 27 Apr 2022 with Charge ID 100578308 was modified on 30 Sep 2022.
Charges
A charge with Others of Rs. 20.00 Cr registered on 27 Apr 2022 with Charge ID 100579161 was modified on 30 Sep 2022.
Charges
A charge with Others of Rs. 1.37 Cr registered on 27 Apr 2022 with Charge ID 100578683 was modified on 30 Sep 2022.
Charges
A charge with Others amounted to Rs. 2.29 Cr with Charge ID 100578308 was registered on 27 Apr 2022.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100579161 was registered on 27 Apr 2022.
18 earlier events are in the company report.
Frequently asked questions
Modernizing Trends is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 12 August 2005 (21+ years old) and is registered under CIN U29120MH2005PTC155324.
Modernizing Trends has 6 current directors:
- Jayshree Rupesh Mehta - Director
- Mita Nilesh Mehta - Director
- Nilesh Pramod Mehta - Director
- Samir Pramod Mehta - Director
- Rupesh Pramod Mehta - Director
- Dipali Samir Mehta - Director
The latest financial statements of Modernizing Trends 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 Modernizing Trends is 27AAECM3668D1ZG, registered in Maharashtra. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAECM3668D1ZI (Delhi), 19AAECM3668D1ZD (West Bengal), 24AAECM3668D1ZM (Gujarat).
The CIN (Corporate Identification Number) of Modernizing Trends is U29120MH2005PTC155324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modernizing Trends has 24 court cases on record: 21 filed by the company and 3 filed against it. 7 are pending. Most are in the district courts.
Modernizing Trends was incorporated on 12 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Modernizing Trends has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.7 Cr; the latest was in March 2023.
Dipali Samir Mehta was appointed as Director on 04 Dec 2014. Jayshree Rupesh Mehta was appointed as Director on 04 Dec 2014. Mita Nilesh Mehta was appointed as Director on 04 Dec 2014. Modernizing Trends has 6 board changes on record in total.
Yes, Modernizing Trends is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0039647).