Modular Mining Systems India Private Limited

Modular Mining Systems India Private Limited - information technology in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U72900PN2006FTC129077 Incorporated 16 September 2006 ROC Pune HQ Pune, Maharashtra, India
Dissolved Under Section 59(8) Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2020
₹1.09 Cr
▼ 68% YoY
Net loss · FY 2020
₹19.6 Lakh
Net margin -18%
EBITDA · FY 2020
₹7.47 Lakh
EBITDA margin 6.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
7
Provident fund records
Directors on board
2
As per MCA filings

About Modular Mining Systems India Private Limited

Data last updated:

Modular Mining Systems India Private Limited was a foreign private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Modular Mining Systems Inc. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 September 2006.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2006FTC129077. Its GSTIN is 27AAGCM6004P1Z5 (Maharashtra).

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ajit Bhagwan Hinge and Deepak Bhimrao Padole.

Its last annual general meeting (AGM) was held on 31 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Office No – 402 4th Floor Pentagon Tower – 4 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.09 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹19.6 Lakh (net margin -18%) and EBITDA of ₹7.47 Lakh (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 25% over five years.

The company had about 7 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: Modular Mining.

The last known website on record is modularmining.com.

Company Details of Modular Mining Systems India Private Limited
CIN U72900PN2006FTC129077
Registration Number 129077
Incorporation Date 16 September 2006
ROC Pune
Listing Status Unlisted
Company Status Dissolved Under Section 59(8)
Date of Last AGM 31 August 2020
Date of Balance Sheet 31 March 2020
Parent Company Modular Mining Systems Inc
Compliance Status Active Compliant
Key People
Deepak Bhimrao Padole Additional Director Ajit Bhagwan Hinge Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    modularmining.com
  • Social Media
  • Registered Address
    Office No – 402 4th Floor Pentagon Tower – 4 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Modular Mining Systems India Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Modular Mining Systems India Private Limited

Modular Mining Systems India operates one associated brand: Modular Mining. Each brand links to its own profile.

BrandDescriptionWebsite
Modular Mining
Offers fleet management solutions for various industries.modularmining.com

Competitors & Alternatives of Modular Mining Systems India Private Limited

Brands and companies operating in the same space as Modular Mining Systems India Private Limited include Cat, Scania, Wenco and 2 more.

CompetitorDescriptionLocationFounded
Cat Cat Construction and mining equipment, engines, and locomotives are manufactured.United States1993
Scania Scania Commercial vehicles including trucks and buses are manufactured and serviced.Sodertalje, Sweden1891
Wenco Wenco Mine performance management suite solutions are provided for operations.Richmond, Canada1983
RCT RCT Innovative technology solutions are provided for mining and industrial sectors.Perth, Australia1972
Loadscan Loadscan Delivers advanced load volume scanning solutions for the mining industry.Hamilton, New Zealand1998

Business Activity of Modular Mining Systems India Private Limited

The main business activity of Modular Mining Systems India is mining and quarrying. In detail, this covers mining support services activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
BMining and quarryingB5Mining Support Services activitiesLocked
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Auditor Details of Modular Mining Systems India Private Limited

Modular Mining Systems India Private Limited is audited by SNDA & ASSOCIATES for the financial year 2020.

NameStatusAppointment DateCessation Date
SNDA & ASSOCIATESLockedLockedLocked
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Board of Directors of Modular Mining Systems India Private Limited

Modular Mining Systems India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Deepak Bhimrao PadoleAdditional Director15 Mar 20215 Years 6 MonthsAs last reported
Ajit Bhagwan HingeDirector15 May 20188 Years 4 MonthsAs last reported
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Financials of Modular Mining Systems India Private Limited FY 2020 filings available

Modular Mining Systems India Private Limited reported revenue of ₹1.09 Cr (down 68% YoY) for FY 2020.

Revenue · FY 2020
₹1.09 Cr ▼ 68%
Net loss · FY 2020
₹19.6 Lakh margin -18%
EBITDA · FY 2020
₹7.47 Lakh margin 6.8%

Compounded Annual Growth Rate (CAGR) of Modular Mining Systems India Private Limited

Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 35%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 59%
5 years · compounded
▲ 27%

Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 68% fall in the latest year. EBITDA fell 43% 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 Modular Mining Systems India Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹1.09 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹7.47 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹19.6 Lakh••••••••••••••••
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 Modular Mining Systems India Private Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin6.8%••••••••••••••••
Net Profit Margin-18%••••••••••••••••
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 Modular Mining Systems India are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Modular Mining Systems India Private Limited

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Charges & Borrowings of Modular Mining Systems India Private Limited

Modular Mining Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Modular Mining Systems India Private Limited

Modular Mining Systems India Private Limited has a workforce of 7 employees as of Mar 28, 2024.

Employee count
7
Active EPFO establishments
1
Employee growth
-22.22%
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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Modular Mining Systems India Private Limited

Modular Mining Systems India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAGCM6004P1Z5MaharashtraActive01 Jul 2017
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Modular Mining Systems India Private Limited

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MSME Payment Delays by Modular Mining Systems India Private Limited

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Subsidiaries & Group Companies of Modular Mining Systems India Private Limited

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MCA Filings & Documents of Modular Mining Systems India Private Limited

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Recent Activity on Modular Mining Systems India Private Limited

Directors
15 Mar 2021
Deepak Bhimrao Padole was appointed as a Additional Director on 15 Mar 2021 & has been associated with this company since 5 years 6 months.
Activity
31 Aug 2020
Modular Mining Systems India Private Limited last Annual general meeting of members was held on 31 Aug 2020 as per latest MCA records.
Activity
31 Mar 2020
Modular Mining Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Pune.
Directors
15 May 2018
Ajit Bhagwan Hinge was appointed as a Director on 15 May 2018 & has been associated with this company since 8 years 4 months.
Activity
16 Sep 2006
Modular Mining Systems India Private Limited was registered on 16 Sep 2006 with Roc Pune & aged 20 years 20 days as per MCA records.

Frequently Asked Questions about Modular Mining Systems India Private Limited

Modular Mining Systems India has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Modular Mining Systems India was a foreign private limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 16 September 2006 and is registered under CIN U72900PN2006FTC129077. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.

Modular Mining Systems India was incorporated on 16 September 2006. It is registered with the Registrar of Companies, Pune.

Modular Mining Systems India had 2 directors:

The CIN (Corporate Identification Number) of Modular Mining Systems India is U72900PN2006FTC129077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Modular Mining Systems India is at Office No – 402 4th Floor Pentagon Tower – 4 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.

Modular Mining Systems India can be reached through the website modularmining.com. Its registered office is in Pune, Maharashtra, India.

Modular Mining Systems India reported revenue of ₹1.09 Cr for FY 2020 (down 68% YoY).

Modular Mining Systems India has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.

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