- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0023836

Multimode Enterprises Private Limited
About Multimode Enterprises Private Limited
Data last updated:
Multimode Enterprises Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Silvercity Management Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U79190GJ1996PTC028736. Its GSTIN is 27AABCM2496E1ZH (Maharashtra).
The company has an authorised share capital of ₹3.15 Cr and a paid-up capital of ₹60 Lakh. It is led by directors including Vipul Avnishbhai Patel and Shilpa Rajesh Patel.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.06 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹6.4 Lakh (net margin 22.8%) and EBITDA of ₹10.2 Lakh (EBITDA margin 36.4%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 19% over five years.
As per MCA filings, the company has satisfied charges of ₹30.63 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending.
Multimode Enterprises Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0023836). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Multimode Enterprises
Contact details
Multimode Enterprises Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address105 – 106 Anurag Commercial Centre, R. C. Dutt Raod, Vadodara, Gujarat, India – 390007
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Multimode Enterprises 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
Financials of Multimode Enterprises Private Limited
FY 2024 filings availableMultimode Enterprises Private Limited reported revenue of ₹28.06 Lakh (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.2 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.4% | ||||
| Net Profit Margin | 22.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Multimode Enterprises Private Limited, buy the company report.
Board of directors of Multimode Enterprises Private Limited
Multimode Enterprises has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Avnishbhai Patel | Director | 22 Jan 2019 | 7 Years 9 Months | Current |
| Shilpa Rajesh Patel Also directs: Aanika Enterprises LLP, Roller Chain Industries Pvt Ltd | Director | 26 Feb 2015 | 11 Years 8 Months | Current |
| Rajesh Chandubhai Patel | Director | 15 Jan 2007 | 19 Years 9 Months | Current |
Peer comparison
Multimode Enterprises Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maan Combine Capinvest Limited | ₹28.15 Lakh (FY 2025) | -39.0% | Jaipur, Rajasthan, India | |||
| H. J. Financial Consultants Private Limited | ₹28.1 Lakh (FY 2025) | -65.0% | Mumbai, Maharashtra, India | |||
| Ark Professional Services Private Limited | ₹28.1 Lakh (FY 2025) | -44.0% | New Delhi, Delhi, India | |||
| Crest Fiscal Services Private Limited | ₹28.09 Lakh (FY 2025) | -14.0% | Delhi, India | |||
| Sabri Property Private Limited | ₹28.07 Lakh (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| Multimode Enterprises Private Limitedthis company | ₹28.06 Lakh (FY 2024) | ₹6.4 Lakh | 22.8% | 32.0% | Vadodara, Gujarat, India | |
| Spectrum Micro Services Association | ₹28.06 Lakh (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Peridot Commodities Private Limited | ₹28.04 Lakh (FY 2024) | 613.0% | Kolkata, West Bengal, India | |||
| Rigu Consultants Private Limited | ₹28.04 Lakh (FY 2025) | 28.0% | Bhayandar East, Maharashtra, India | |||
| Arjun Continental Private Limited | ₹27.99 Lakh (FY 2025) | 93.0% | Delhi, India | |||
| Sharath Investments Private Limited | ₹27.99 Lakh (FY 2025) | 33.0% | Udupi, Karnataka, India |
To see the full peer comparison of Multimode Enterprises Private Limited, buy the company report.
Auditor
Multimode Enterprises Private Limited is audited by VIRANCH MODI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRANCH MODI & ASSOCIATES | FY 2019 | 128212W |
Shareholding
The shareholding of Multimode Enterprises Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Multimode Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2011 | 10329713 | Bank of Baroda | ₹18.85 Cr | Satisfied | |
| 26 Jun 2006 | 10015313 | Indian Overseas Bank | ₹11.78 Cr | Satisfied | |
| 19 Oct 2002 | 90107939 | Bank of Baroda | ₹- | Satisfied |
To see the full charge records of Multimode Enterprises Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Multimode Enterprises Private Limited has 7 court cases on record: 3 filed by Multimode Enterprises, 4 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LE) | Filed by the company against Zest Aromas Private Limited and 1 other | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against Spectrum Ingredients Private Ltd. | Disposed |
| NCLT, Ahmedabad | Company petition | Filed against the company by individuals | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed against the company by Silver City Management Limited Represented by Power of Attorney - Pankajbhai Mukeshchand Sharma | Disposed |
To see the full case history of Multimode Enterprises 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 Multimode Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Multimode Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2496E1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multimode Enterprises Private Limited, buy the company report.
Recent activity
Multimode Enterprises Private Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Vipul Avnishbhai Patel ceased to be Additional Director on 30 Sep 2019.
8 earlier events are in the company report.
Frequently asked questions
Multimode Enterprises is an active private limited company based in Vadodara, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 01 February 1996 (30+ years old) and is registered under CIN U79190GJ1996PTC028736.
Multimode Enterprises has 3 current directors:
- Vipul Avnishbhai Patel - Director
- Shilpa Rajesh Patel - Director
- Rajesh Chandubhai Patel - Director
The latest financial statements of Multimode Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Multimode Enterprises is 27AABCM2496E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Multimode Enterprises is U79190GJ1996PTC028736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multimode Enterprises has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Multimode Enterprises was incorporated on 01 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Multimode Enterprises by revenue are Maan Combine Capinvest Limited, H. J. Financial Consultants Private Limited, Ark Professional Services Private Limited, Crest Fiscal Services Private Limited, Sabri Property Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Vipul Avnishbhai Patel ceased to be Additional Director on 30 Sep 2019. Vipul Avnishbhai Patel was appointed as Director on 22 Jan 2019. Bhalchandra Jagjivandas Shah ceased to be Director on 25 May 2018. Multimode Enterprises has 9 board changes on record in total.
Yes, Multimode Enterprises is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0023836).
The registered office of Multimode Enterprises is at 105 – 106 Anurag Commercial Centre, R. C. Dutt Raod, Vadodara, Gujarat, India – 390007.

