Modis Navnirman Ltd

Modis Navnirman Ltd (543539)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return29.34 %
3 Month Return70.2 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 2
Rank 2
Dividend Yield
Rank 2
Rank 1
Price To Book Ratio
Debt To Asset
Rank 2

Company Information

Modis Navnirman Limited was originally incorporated as a Limited Liability Partnership in the name and style of Modis Navnirman LLP on December 312015 and was subsequently converted from LLP to a Public Limited Company on March 04 2022 to corporatise the groups activities in the real estate sector. The Company is engaged in the business of real estate development of residential and commercial projects in India. It is basically a real estate development company operating in Mumbai focused on quality and affordable developments. It has a diversified portfolio of completed ongoing and upcoming projects in mixeduse or single segment developments which cover real estate market like residential and residential cumcommercial.The Companys customercentric business model focuses on designing and developing products to address consumer needs across price points. It has capabilities to deliver a project from conceptualization to completion with fast turnaround time from acquisition to launch to completion which focuses on derisking and improving return on investment. It streamline our supply chain and construction processes with an aim to develop high quality products consistently and in a timely and cost efficient manner. It partner with top architects and design team which uses customer insights to conceptualize and design products that are best suited for the current location and target a variety of customer groups. Its construction management and procurement teams focus on realizing efficiencies in procurement vendor selection and construction. The Companys inhouse sales team is supported by a well skilled execution team which delivers precisely designed products and amenities to customers.The Promoters of Company are Dineshkumar Modi Rashmi Modi and Mahek Modi. The Group was founded by Promoter Mr. Dineshkumar Modi in year 2009 which so far constructed 7 residential and commercial projects namely Rashmi Tara Rashmi Chaaya Badshahs Residency Rashmi Sadhna Rashmi Sheela Mrunali and Rashmi Kunj in the western suburbs of Mumbai specifically in and around the areas of Borivali Kandivali Malad and Goregaon. The Group has 5 projects which are currently under construction. It presently compete for the sale of projects in Mumbai with various regional companies including Nirman Group Sanghi Builders and Developers Brijwasi Buildcon etc.In 2017 the Company received Commencement Certificate and began construction for the project Rashmi Sadhna.In 2018 it received Commencement Certificate and began construction for the project Rashmi Sheela.In 2019 it received Completion Certificate for the projects Rashmi Sadhna and Rashmi Sheela respectively.In September 2020 Company had acquired 100 stake in Shree Modis Navnirman Private Limited. SMNPL thereby making it as Wholly Owned Subsidiary Company. In 2021 it received Commencement Certificates for projects such as Rashmi Jewel Rashmi Enclave Rashmi Terrace through its wholly owned subsidiary SMNPL. In 2022 it received Commencement Certificate Project Rashmi Kavita through its wholly owned subsidiary SMNPL.
OrganisationModis Navnirman Ltd

Indian stocks brokerage services are provided by INDmoney Private Limited. INDmoney Private Limited is carrying out the business of in respect to stock broking activities and also carries out the activities of depository participant. SEBI Registration No. INZ000305337 | SEBI Depository Participant Registration No. IN-DP-690-2022 Depository Participant ID: CDSL 12095500 | Trading and Clearing Member of NSE (90267, M70042) and BSE (6779)

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