Modicare Limited - Company Profile

Q: Who are the current directors of Modicare Limited?

The current directors of Modicare Limited are Jayati Modi, Vedika Modi, Samir Modi, Anil Kumar Upreti, Mukesh Kumar Lakhotia, Shikha Sharma.

It is a e-commerce public limited company based in New Delhi, Delhi, India, established in 1973.

1973 New Delhi, Delhi, India Active

Last Updated: January 05, 2026

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About Modicare Limited

Modicare Limited, a active public limited company, was established on 12 July 1973 in New Delhi, Delhi, India. Engaging in general e-commerce platforms within the trade sector, it holds CIN: U72200DL1973PLC110617. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹24.00 Cr and a paid-up capital of ₹4.88 Cr.

It upholds a compliant status. Employing 244 professional, Its leadership includes Jayati Modi (Whole-Time Director), Vedika Modi (Director), Samir Modi (Managing Director). Past directors included Jayati Modi, Ram Avtar Poddar, Krishan Kumar Modi. It holds no open charges and ₹16.74 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 5, Community Centre, New Friends Colony,, New Delhi, Delhi, 110025.

Company Details

CIN/LLPIN
U72200DL1973PLC110617
Registration Number
110617
Incorporation Date
12 July 1973
Authorized Capital
₹24.00 Cr
Paid-Up Capital
₹4.88 Cr
ROC Code
Roc Delhi
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 24.00 Cr as on 05-01-2026
Paid Up Capital ₹ 4.88 Cr as on 05-01-2026
Company Age 52 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 16.74 Cr as on 05-01-2026
Revenue Growth **** -25.83% (FY 2023)
Profit Growth **** -74.97% (FY 2023)
Ebitda **** -61.42% (FY 2023)
Net Worth 5.54% (FY 2023)
Total Assets -4.40% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Modicare 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 Modicare Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jayati Modi	Whole-Time Director	07 Aug 2023	Current
Vedika Modi	Director	21 Dec 2023	Current
Samir Modi	Managing Director	01 Feb 1992	Current
Anil Kumar Upreti	Director	29 May 2018	Current
Mukesh Kumar Lakhotia	Director	12 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	26 Sep 2023	Past
Pramod Abcsdd	Director	31 Mar 2016	Past
Pramod Abcsdd	Director	02 Nov 2019	Past
Pramod Abcsdd	Additional Director	29 Sep 2024	Past
Pramod Abcsdd	Director	20 Mar 2015	Past
Pramod Abcsdd	Key Managerial Personnel	-	Past

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Financial Performance of Modicare.

Modicare Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.83% decrease. The company also saw a substantial fall in profitability, with a 74.97% decrease in profit. The company's net worth moved up by a moderate rise of 5.54%.

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

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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

********

-25.83%

*******

Revenue from Operations

*******

-25.73%

*******

Total Assets

*******

-4.40%

*******

Profit or Loss

*******

-74.97%

*******

Net Worth

*******

5.54%

*******

EBITDA

*******

-61.42%

*******

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What is the Ownership and Shareholding Structure of Modicare?

In 2023, Modicare had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹167,411,000.00

Charges Breakdown by Lending Institutions

Hongkong And Singapor Banking Corporation Ltd. : 12.00 Cr
Hongkong And Sanghai Banking Corporation Ltd. : 3.50 Cr
Hdfc Bank Limited : 1.24 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 May 2019	Hdfc Bank Limited	₹1.29 M	Satisfied
19 Mar 2018	Hdfc Bank Limited	₹0.90 M	Satisfied
30 Jan 2018	Hdfc Bank Limited	₹0.85 M	Satisfied
30 Jan 2018	Hdfc Bank Limited	₹0.85 M	Satisfied
28 Jun 2017	Hdfc Bank Limited	₹1.35 M	Satisfied

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How Many Employees Work at Modicare?

Modicare has a workforce of 244 employees as of Apr 01, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Modicare, 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 Modicare's trajectory.

Rating

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Alerts

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 Modicare

Recent Activity within the Organization

Director Appointment

The activity Mukesh Kumar Lakhotia was appointed as a Director was appointed as a Director on 12 Jul 2025 & has been associated with this company since 8 months 5 days . was completed.
12 Jul 2025
Annual General Meeting

Progress on Modicare Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

Modicare Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.
31 Mar 2024
Director Appointment

Vedika Modi was appointed as a Director was appointed as a Director on 21 Dec 2023 & has been associated with this company since 2 years 2 months . was recorded as a recent event.
21 Dec 2023
Director Appointment

The activity Jayati Modi was appointed as a Whole-time director was appointed as a Whole-time director on 07 Aug 2023 & has been associated with this company since 2 years 7 months . was completed.
07 Aug 2023
Charges

The activity A charge registered on 30 May 2019 via Charge ID 100268843 with Hdfc Bank Limited was fully satisfied on 13 Jun 2022. was completed.
13 Jun 2022

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