Modern India Property Developers Limited - Due diligence report

A 360° intelligence report on Modern India Property Developers Limited: trust score, financial health, credit view, compliance, directors, g…

2000-09-07 Mumbai, Maharashtra Amalgamated Unlisted Active Compliant
Share
Connect MCP
MI Modern India Property Developers Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Modern India Property Developers Limited — 360° Intelligence Report

Generated from MCA filings & public records
43/100
Trust Score
Caution Indicated

Modern India Property Developers Limited is assessed as Caution Indicated with a Trust Score of 43/100. Modern India Property Developers Limited is a public limited indian non-government company incorporated in 2000, operating in the Real Estate and Construction sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 17 Aug 2026 from the latest processed filings. Modern India Property Developers Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Weak

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
43/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
15/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 30/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2018 - filings overdue.
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
PARAG SUNDERLAL AGGARWAL 01234567 Director 01/04/2018 6 yrs Approved
SUBHASH CHANDRA KEDIA 01234567 Director 01/04/2018 6 yrs Approved
HEMANTKUMAR JUGALKISHORE GARG 01234567 Director 01/04/2018 6 yrs Approved
NAWALKISHORE DEORA 01234567 Director 01/04/2018 6 yrs Approved
PARAG SUNDERLAL AGGARWAL 01234567 Director 01/04/2018 6 yrs Approved
VIJAYKUMAR MAHABIRPRASAD JATIA 01234567 Director 01/04/2018 6 yrs Approved
ASHOKRAJ RAMCHANDRA BIRLA 01234567 Director 01/04/2018 6 yrs Approved
ANAND BADRIPRASAD DIDWANIA 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • SUBHASH CHANDRA KEDIA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2018 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Modern India Limited
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Modern India Limited Holding Company 74.00%

Key managerial personnel: PARAG SUNDERLAL AGGARWAL (CFO) · PARAG SUNDERLAL AGGARWAL (CFO) · ASHOKRAJ RAMCHANDRA BIRLA (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 15
Growth signals & trust indicators
Operating for 25+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Outside liabilities up 38% in a year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence29/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 5 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment42/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view41/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
05 Apr 2019
Director appointed
PARAG SUNDERLAL AGGARWAL (CFO)
Director appointed
ASHOKRAJ RAMCHANDRA BIRLA (Whole-time director)
Director ceased
ASHOKRAJ RAMCHANDRA BIRLA
06 Aug 2018
Last AGM held
Annual general meeting
31 Mar 2018
Latest balance sheet
Filed with ROC
30 Mar 2015
Director appointed
ANAND BADRIPRASAD DIDWANIA (Director)
16 Jul 2011
Director ceased
ANAND BADRIPRASAD DIDWANIA
12 Aug 2008
Director ceased
VEDANT VIJAYKUMAR JATIA
16 Jul 2008
Director ceased
SUBHASH CHANDRA KEDIA
Director ceased
HEMANTKUMAR JUGALKISHORE GARG
Director ceased
VIJAYKUMAR MAHABIRPRASAD JATIA
17 Mar 2008
Director ceased
BHAVIK HIMATLAL DESAI
23 Oct 2007
Director appointed
HEMANTKUMAR JUGALKISHORE GARG (Director)
01 Sep 2007
Director appointed
SUBHASH CHANDRA KEDIA (Director)
01 Aug 2007
Director appointed
VIJAYKUMAR MAHABIRPRASAD JATIA (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net worth is positive.
8 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2018 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Subhash Agrotech Private Limited U01122MP1999PTC013356 Katni, Madhya Pradesh, India
Mughda Leasing Private Limited U70100MH2005PTC154211 Mumbai, Maharashtra, India
P. S. R. Agro Private Limited U24248UP1974PTC004017 Uttar Pradesh, Uttar Pradesh, India
Devika Buildestate Private Limited U45201RJ2008PTC027293 Jaipur, Rajasthan, India
Social Finance & Commercial Co. Ltd U65921UR1978PLC004634 Dehradun, Uttarakhand, India
Ram Texfab Private Limited U17120GJ1991PTC015985 Na, Gujarat, India
Fivebyone Business Solutions Private Limited U52390HR2014PTC053755 Gurgaon, Haryana, India
Nk Realtors And Infraventure Private Limited U45400MH2015PTC264728 Nagpur, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Modern India Property Developers Limited before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Modern India Property Developers Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Modern India Property Developers Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 43/100, distress signals and MSME payment-delay disclosures - know whether Modern India Property Developers Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Modern India Property Developers Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Modern India Property Developers Limited an active company?

Modern India Property Developers Limited has MCA status “Amalgamated” with a compliance score of 30/100 (Caution Indicated).

Is Modern India Property Developers Limited financially healthy?

Modern India Property Developers Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Modern India Property Developers Limited?

Its overall Trust Score is 43/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Modern India Property Developers Limited?

The ultimate holding entity is Modern India Limited. 8 active director(s) are on record.

Does Modern India Property Developers Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Modern India Property Developers Limited up to date with its ROC filings?

Last balance sheet is for Mar 2018 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Modern India Property Developers Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.