Monad Technologies Private Limited
About Monad Technologies Private Limited
Data last updated:
Monad Technologies Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the paper segment of the packaging sector. It was incorporated on 29 September 2003.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U21093MH2003PTC282015. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was led by directors including Swapnil Kirit Modi and Sachin Kirit Modi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 314 Veena Killedar Industrial Estate 10/14 Pais Street Byculla (West), Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2016, the company reported a revenue of ₹200.28 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹30.7 Cr (net margin 15.3%) and EBITDA of ₹46.37 Cr (EBITDA margin 23.2%).
As per MCA filings, the company had open charges of ₹25 Cr and satisfied charges of ₹114.55 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Monad Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U21093MH2003PTC282015, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21093MH2003PTC282015 | Current |
| U21093HP2003PTC026412 | Previous |
| U72200HP2003PTC026412 | Previous |
Contact details
Monad Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address314 Veena Killedar Industrial Estate 10/14 Pais Street Byculla (West), Mumbai, Maharashtra, India – 400011
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Monad Technologies Private Limited, buy the company report.
- 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
Business activity
The main business activity of Monad Technologies is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Monad Technologies Private Limited, buy the company report.
Financials of Monad Technologies Private Limited
FY 2016 filings availableMonad Technologies Private Limited reported revenue of ₹200.28 Cr (down 6% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. EBITDA rose 24% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹200.28 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹46.37 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹30.7 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 23.2% | |
| Net Profit Margin | 15.3% | |
| 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 | ||
To see the full financial statements and ratios of Monad Technologies Private Limited, buy the company report.
Board of directors of Monad Technologies Private Limited
Monad Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapnil Kirit Modi Also directs: Jagdamba Cartons Private Limited, Affinity Packaging LLP, Esjay Plastomers LLP and 5 more | Director | 18 Feb 2005 | 21 Years 8 Months | As last reported |
| Sachin Kirit Modi Also directs: Jagdamba Cartons Private Limited, Affinity Packaging LLP | Director | 18 Feb 2005 | 21 Years 8 Months | As last reported |
| Kirit Modi Also directs: Fortune Packaging LLP, Jagdamba Cartons Private Limited, Indian Corrugated Case Manufacturers Association and 1 more | Director | 18 Feb 2005 | 21 Years 8 Months | As last reported |
Peer comparison
Monad Technologies Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Disha Industries Private Limited | ₹207.4 Cr (FY 2025) | 27.0% | Delhi, India | |||
| Sattur Sri Venkateshwara Duplex Boards Private Limited | ₹204.24 Cr (FY 2025) | -8.0% | Sattur, Tamil Nadu, India | |||
| Wadpack Private Limited | ₹202.25 Cr (FY 2025) | 23.0% | Bangalore, Karnataka, India | |||
| Monad Technologies Private Limitedthis company | ₹200.28 Cr (FY 2016) | ₹30.7 Cr | 15.3% | -6.0% | Mumbai, Maharashtra, India | |
| Siddheshwari Paper Udyog Private Limited | ₹198.21 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Divya Sai Lam Private Limited | ₹195.17 Cr (FY 2025) | 25.0% | Hyderabad, Telangana, India | |||
| MH Containers Private Limited | ₹191.15 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India |
To see the full peer comparison of Monad Technologies Private Limited, buy the company report.
Auditor
Monad Technologies Private Limited is audited by Sood Ajay & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sood Ajay & Co. | FY 2016 |
Shareholding
The shareholding of Monad Technologies Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Monad Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2014 | 10517270 | Citi Bank N.A. | ₹25 Cr | Open | |
| 21 Aug 2012 | 10377495 | Small Industries Development Bank of India | ₹35.15 Cr | Satisfied | |
| 13 Jul 2012 | 10371645 | Union Bank of India | ₹10 Cr | Satisfied | |
| 28 Mar 2012 | 10348225 | Small Industries Development Bank of India | ₹4 Cr | Satisfied | |
| 22 Dec 2010 | 10255693 | Small Industries Development Bank of India | ₹5.4 Cr | Satisfied |
To see the full charge records of Monad Technologies Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Monad Technologies Private Limited has 1 court case on record: 1 filed by Monad Technologies. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Monad Technologies 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Monad Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Monad Technologies has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Monad Technologies Private Limited, buy the company report.
Recent activity
Monad Technologies Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Kirit Modi was appointed as Director on 18 Feb 2005.
16 earlier events are in the company report.
Frequently asked questions
Monad Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Monad Technologies was a private limited company based in Mumbai, Maharashtra, India. The company worked in paper, within the packaging industry. It was incorporated on 29 September 2003 and is registered under CIN U21093MH2003PTC282015. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Monad Technologies was incorporated on 29 September 2003. It is registered with the Registrar of Companies, Mumbai.
Monad Technologies had 3 directors:
- Swapnil Kirit Modi - Director
- Sachin Kirit Modi - Director
- Kirit Modi - Director
The CIN (Corporate Identification Number) of Monad Technologies is U21093MH2003PTC282015. 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 Monad Technologies is at 314 Veena Killedar Industrial Estate 1014 Pais Street Byculla West, Mumbai, Maharashtra, India – 400011.
The latest financial statements of Monad Technologies on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Monad Technologies has 4 GST registrations on record and all of them are cancelled or inactive.
Monad Technologies operated in the packaging industry, in the paper segment.
The peers of Monad Technologies by revenue are Disha Industries Private Limited, Sattur Sri Venkateshwara Duplex Boards Private Limited, Wadpack Private Limited, Siddheshwari Paper Udyog Private Limited, Divya Sai Lam Private Limited and 1 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Monad Technologies has 1 court case on record: 1 filed by the company.