Modern Engineering And Projects Limited - Company overview

Modern Converters is a listed public limited company, first registered with ROC Mumbai I on 26 February 1946.

1946-02-26 Mumbai, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▲ 4826.8%
FY 2023
PROFIT / LOSS
Loss · ₹1–5 Cr
▲ 11.5%
FY 2023
EBITDA
Loss · ₹1–5 Cr
▼ -51.2%
FY 2023
NET WORTH
Loss · ₹1–5 Cr
▼ -6165.9%
FY 2023
TOTAL ASSETS
₹25–50 Cr
▲ 270.8%
FY 2023
EMPLOYEE COUNT
11–20
OPEN CHARGES
2
18.00 cr
PAID-UP CAPITAL
15.45 cr
AUTHORISED CAPITAL
53.15 cr
COMPANY AGE
80 Years 8 Months
since 1946-02-26
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2023-11-16 18:25:30
TOTAL MONEY RAISED
₹1–5 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Modern Converters covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score High risk
47/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (51), financial health (20), director (40) and company-foundation signals.
  • Operating for 80+ years.
Compliance Score Moderate
51/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
20/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score High risk
40/100
Board strength, DIN status and churn.
  • 8 directors on the board.
  • Director ABHIJIT JAYANT DESHPANDE has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Modern Converters Company identity, industry, contact, and registration details from MCA and company records.

Modern Converters is a listed public limited company, first registered with ROC Mumbai I on 26 February 1946. The registered office is at Unit No. 1106, 11Th Floor, Hallmark Business Plaza, Mumbai, Maharashtra.

In its MCA filings the main business is listed as roads, railways, Utility projects, which made up 100% of turnover.

It has eight directors: Shivratan Krishnakumar Agarwal, Vaishali Sahebrao Mulay, Radheshyam Laxmanrao Mopalwar and 5 others. The longest-serving is Vaishali Sahebrao Mulay, on the board since 2021; the most recent to join is Abhijit Jayant Deshpande, appointed in May 2026. Fattehsingh Krishnrao Patil is the managing director. 34 former directors are on record; the most recent to leave was Naresh Parbat Sasanwar in December 2023. Between them, the directors also sit on the boards of 11 other companies, including Agriden Cultigro Private Limited and Araha Properties LLP.

₹15.45 crore of its ₹53.15 crore authorised capital is paid up (about 29%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. Two charges (secured loans) are still open. Its shares trade on BSE (539762).

Agriculture •••••••• Financial Services ••••••••
  • Location Unit No. 1106, 11Th Floor, Hallmark Business Plaza, Mumbai, Maharashtra - 400051
  • Website modernconvertors.com
Legal NameModern Engineering And Projects Limited
CIN / LLPINL01132MH1946PLC381640
Company No.381640
Stock Symbol BSE: 539762
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1946-02-26
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Modern Converters (8) Current board members from MCA filings, including designation and appointment details.

S
Shivratan Krishnakumar Agarwal
Director | Since 2024-02-13 | DIN: 03496765
V
Vaishali Sahebrao Mulay
Director | Since 2021-04-16 | DIN: 06444900
R
Radheshyam Laxmanrao Mopalwar
Director | Since 2024-11-19 | DIN: 02604676
A
Ajit Arvind Sagane
Director | Since 2025-08-28 | DIN: 07811647
F
Fattehsingh Krishnrao Patil
Managing Director | Since 2025-03-01 | DIN: 10738344
A
Abhijit Jayant Deshpande
Additional Director | Since 2026-05-12 | DIN: 02926610

Financial Performance of Modern Converters Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▲ 4826.8%
P&L Loss · ₹1–5 Cr ▲ 11.5%
EBITDA Loss · ₹1–5 Cr ▼ -51.2%
Net worth Loss · ₹1–5 Cr ▼ -6165.9%

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Charges of Modern Converters Open and satisfied charges registered against the company with MCA.

Others : 43.00 cr
Open Charges: 2 Satisfied Charges: 0
Open 18.00 cr
Satisfied 0
LenderAmountStatus
Others
Creation Date: 30 Mar 2026
 25.00 cr Open
Others
Creation Date: 13 Jan 2025
 18.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ConstructionRoads, railways, Utility projects100

Companies With Common Directors Of Modern Converters Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Agriden Cultigro Private Limited 1 Shared Director
Araha Properties Llp 1 Shared Director
Av Priyam Buildcon Llp 1 Shared Director
Av Priyam Projects Llp 1 Shared Director
Ekansh Concepts Limited 1 Shared Director
Hazoor Infra Projects Private Limited 1 Shared Director
Hazoor Multi Projects Limited 1 Shared Director
Hazoor New & Renewable Energy Private Limited 1 Shared Director
Msrdc Pune Ring Road Eastern Limited 1 Shared Director
Rappture Projects Private Limited 1 Shared Director
Square Port Shipyard Private Limited 1 Shared Director

Financial Ratios of Modern Converters Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Modern Converters Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Modern Converters EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Modern Converters GST registrations and filing status by state. Full compliance detail unlocks with your report.

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

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Credit Ratings, Litigation & Regulatory Alerts for Modern Converters Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Modern Converters MSME supplier payment delays and filing history. Full amounts unlock with your report.

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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MCA Filings & Documents of Modern Converters Official MCA forms, returns, and filing index. Document access unlocks with your report.

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

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Frequently Asked Questions about Modern Converters Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Modern Converters?
MCA does not publish an "owner" field. Modern Converters is run by its directors, Shivratan Krishnakumar Agarwal, Vaishali Sahebrao Mulay, Radheshyam Laxmanrao Mopalwar and five others, with Fattehsingh Krishnrao Patil as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Modern Converters?
Modern Converters has eight current directors: Shivratan Krishnakumar Agarwal (since February 2024), Vaishali Sahebrao Mulay (since April 2021), Radheshyam Laxmanrao Mopalwar (since November 2024), Ajit Arvind Sagane (since August 2025), Fattehsingh Krishnrao Patil (since March 2025) and Abhijit Jayant Deshpande (since May 2026), plus 2 more. Fattehsingh Krishnrao Patil is the managing director.
What is CIN of Modern Converters?
The CIN of Modern Converters is L01132MH1946PLC381640. Reading it left to right: L means it is listed, 01132 is the industry code it registered under, MH is Maharashtra, 1946 is the year it was registered, PLC is the company type and 381640 is its registration number.
When was Modern Converters incorporated?
Modern Converters was incorporated on 26 February 1946 with ROC Mumbai I. That makes it more than 80 years old.
What is the registered address of Modern Converters?
The registered office on MCA records is Unit No. 1106, 11Th Floor, Hallmark Business Plaza, Mumbai, Maharashtra - 400051.
What is the current status of Modern Converters?
MCA shows Modern Converters as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Modern Converters?
You can post to its registered office at Unit No. 1106, 11Th Floor, Hallmark Business Plaza, Mumbai, Maharashtra - 400051 and use its website, https://modernconvertors.com.
What industry or business activity is Modern Converters associated with?
Its MCA filings list the main business as roads, railways, Utility projects (100% of turnover).
What is paid-up capital and authorised share capital of Modern Converters?
Paid-up capital is ₹15.45 crore and authorised capital is ₹53.15 crore, so about 29% of the authorised amount has been issued.
When did Modern Converters last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Modern Converters?
Two charges against Modern Converters are still open.
Have any directors left Modern Converters?
Yes, 34 former directors are on record. The most recent to leave were Naresh Parbat Sasanwar (December 2023), Pandit Purbhajirao Sawant (September 2023) and Subhas Chandra Bose (December 2022).
Which companies share directors with Modern Converters?
11 companies share directors with Modern Converters. Among them are Agriden Cultigro Private Limited, Araha Properties LLP, Av Priyam Buildcon LLP and 8 more.
What is the turnover or revenue of Modern Converters?
Based on filed financial statements, the revenue of Modern Converters for FY 2023 was in the ₹50–100 Cr range. That is up 4826.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Modern Converters?
For FY 2023, the net worth of Modern Converters was negative, in the ₹1–5 Cr range.
How can I get the financial details of Modern Converters?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Modern Converters?
The website on record for Modern Converters is https://modernconvertors.com.
Which company owns modernconvertors.com?
modernconvertors.com is the website listed for Modern Engineering And Projects Limited in its company records.
Is Modern Converters registered with any stock exchange in India?
It is listed on BSE with scrip code 539762.
Modern Converters - is it listed or unlisted?
Modern Converters is a listed company, and its CIN starts with L.
What is the ROC code of Modern Converters?
Modern Converters is registered with ROC Mumbai I.
What is the company classification of Modern Converters?
MCA classifies Modern Converters as: Public Limited Indian Non-Government Company.
Does Modern Converters have GST registrations on file?
Yes, one active GST registration is linked to Modern Converters.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.