About Modi Springs Private Limited
Data last updated: 27 February 2026
Modi Springs Private Limited is a private limited company based in Distt Sangrur, Punjab, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 28 April 1987, the company has been in operation for over 39 years.
Registered with ROC Chandigarh under CIN U34300PB1987PTC007442.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Abhinav Goyal and Arnav Goyal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: A 11 12Industrial Estate Malerkotla, Distt Sangrur, Punjab, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.65 Cr, a growth of 24% compared to the previous year.
The company has a workforce of approximately 20 employees as per the latest available data.
The company is associated with 1 brand - Modi Springs. As per MCA filings, the company has open charges of ₹31.27 Cr and satisfied charges of ₹5.22 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modisprings.com.
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Registered AddressA 11 12Industrial Estate Malerkotla, Distt Sangrur, Punjab, India
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Modi Springs Private Limited
Modi Springs Private Limited operates one associated brand: MODI SPRINGS. These brands represent Modi Springs Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies spring leaves and assemblies for industrial use. | modisprings.com |
Competitors & Alternatives of Modi Springs Private Limited
Brands and companies operating in the same space as Modi Springs Private Limited include Jamna Auto Industries, Saf-holland, Gabriel India and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Jamna Auto Industries
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Tapered leaf and parabolic springs are manufactured for automobiles. | Delhi, India, India | 1954 |
Saf-holland
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Chassis-related systems are manufactured and supplied to OEMs and aftermarket. | Bessenbach, Germany, Germany | 1881 |
Gabriel India
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Shock absorbers and dampers are manufactured for automotive applications. | Pune, India, India | 1961 |
Bibst (Shanghai) Automotive Electronics
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Automotive smart braking, wire, and chassis domain controllers are manufactured. | Fengtai, China, China | 2021 |
Dunlop Systems
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OEM components and systems for automotive air suspension are developed. | Coventry, United Kingdom, United Kingdom | 2007 |
BWI Group
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Major auto components are manufactured and supplied to OEMs. | Dayton, United States, United States | 2009 |
Omega Bright Steel
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Steel bars and related components are designed and manufactured. | Delhi, India, India | 1971 |
Reyco Granning
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Suspension parts are manufactured and supplied for aftermarket vehicles. | Miller, United States, United States | 1924 |
The Tinsley Bridge
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Suspension components are manufactured and supplied to OEMs worldwide. | Sheffield, United Kingdom, United Kingdom | 1986 |
Business Activity of Modi Springs Private Limited
Modi Springs Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Modi Springs Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Modi Springs Private Limited
Modi Springs Private Limited is audited by M.P. Goyal & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.P. Goyal & Co. | Locked | Locked | Locked |
Complete auditor history for Modi Springs Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Modi Springs Private Limited
Modi Springs Private Limited is currently managed by 5 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Goyal | Director | 10 Jun 2024 | 2 Years 2 Months | Current |
| Arnav Goyal | Director | 10 Jun 2024 | 2 Years 2 Months | Current |
| Sanjay Kumar Goyal | Director | 28 Apr 1987 | 39 Years 3 Months | Current |
| Ajay Kumar Goyal | Director | 28 Apr 1987 | 39 Years 3 Months | Current |
| Anil Kumar Goyal | Director | 28 Apr 1987 | 39 Years 3 Months | Current |
Financials of Modi Springs Private Limited FY 2025 filings available
Modi Springs Private Limited reported revenue of ₹25.65 Cr (up 24.00% YoY) for FY 2024.
Ten-year financial statements for Modi Springs Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Modi Springs Private Limited
Shareholding and ownership data for Modi Springs Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Modi Springs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2024 | State Bank of India | ₹4.95 Cr | Open |
| 08 Dec 2023 | State Bank of India | ₹2 Cr | Open |
| 15 Jun 2023 | State Bank of India | ₹14.98 Cr | Open |
| 30 Apr 2020 | State Bank of India | ₹8.16 Cr | Open |
| 18 Dec 2019 | State Bank of India | ₹1.18 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Modi Springs Private Limited
Modi Springs Private Limited has a workforce of 20 employees as of Apr 05, 2024.
Employee and EPFO history for Modi Springs Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Modi Springs Private Limited
GST registrations and filing compliance for Modi Springs Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Modi Springs Private Limited
Credit ratings, litigation, and regulatory alerts for Modi Springs Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Modi Springs Private Limited
MSME payment history for Modi Springs Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Modi Springs Private Limited
Corporate group structure for Modi Springs Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Modi Springs Private Limited
MCA filings and documents for Modi Springs Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Modi Springs Private Limited
Frequently Asked Questions about Modi Springs Private Limited
Modi Springs Private Limited is an active private limited company in the automotive sector based in Distt Sangrur, Punjab, India. It was incorporated on 28 April 1987 (39+ years old) and is registered under CIN U34300PB1987PTC007442. The company has 20 employees.
Modi Springs Private Limited reported revenue of ₹25.65 Cr for FY 2024 (up 24.00% YoY).
The current directors of Modi Springs Private Limited are:
- Abhinav Goyal - Director
- Arnav Goyal - Director
- Sanjay Kumar Goyal - Director
- Ajay Kumar Goyal - Director
- Anil Kumar Goyal - Director
The primary industry of Modi Springs Private Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Modi Springs Private Limited can be reached at the registered office: A 11 12Industrial Estate Malerkotla, Distt Sangrur, Punjab, India, or through the website modisprings.com.
The authorised capital is ₹50 Lakh, and the paid-up capital is ₹50 Lakh.