Modern Thread Share Price

About Modern Thread Limited Delisted Shares

Modern Threads (India) Limited is a Public limited company, incorporated on 28th August, 1980 having its registered office at Modern Woolens, Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara-311001 (Rajasthan) India. Its Authorized capital is Rs. 1,85,00,00,000 and Paid up capital is Rs. 34,77,51,600. The Company now is one of the biggest manufacturers and exporters of wool and blended worsted yarn from India. Modern Woolens, having its plant at Bhilwara, Rajasthan, is a highly acclaimed name, as manufacturers and exporters of wool and blended worsted yarn from India. Modern has achieved an international pre-eminence in the field of processing wool during the course of time.

INCORPORATION DETAILS

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

BOARD OF DIRECTORS

Shri Rajesh Ranka – Chairman & Managing Director

Shri Ram Awatar Kabra – Executive Director

Smt. Veena Jain – Non-Executive, Non-Independent Director

Shri J.N. Sharma – Non-Executive, Independent Director

Mrs. Ankita Jain – Non-Executive, Independent Director

Shri C.M. Jain – Non-Executive, Independent Director

PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES

Modern Thread Limited does not have any subsidiary or associate company.

SHAREHOLDING PATTERN (As of 30-6-2024)

INDUSTRY OUTLOOK

Consistent efforts are being made by the Woolens Division of the Company to ensure sustainable leadership for its products in global market. Woolen division has also initiated efforts to retain existing customers’ base and contacting newer customers in overseas market with different product range in worsted yarn so as to achieve improved performance and profitability in the ensuing period.

FAQ Related to Modern Threads Limited

Q: What is the face value of Modern Thread Ltd shares?
Answer: The face value of Modern Thread Ltd is ₹10 per equity share.

Q: How can I buy Modern Thread shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.

Q: Why should I buy Modern Thread shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.

Q: Is investing in Modern Thread Ltd a good idea?
Answer: Investors evaluate Modern Thread based on its textile manufacturing operations, financial performance, product portfolio, industry outlook, valuation, and long-term growth potential before making an investment decision.

Q: Why do investors buy Modern Thread shares?
Answer: Investors seek exposure to textile companies based on potential value creation, manufacturing capabilities, asset value, business recovery opportunities, and future liquidity possibilities.

Q: What business does Modern Thread Ltd operate in?
Answer: Modern Thread Ltd operates in the textile industry and is engaged in manufacturing textile products, including yarn and related textile materials.

Q: When was Modern Thread Ltd incorporated?
Answer: Modern Thread Ltd was incorporated as a public limited company operating in the textile manufacturing sector.

Q: What makes Modern Thread different from other textile companies?
Answer: Modern Thread provides exposure to the textile manufacturing value chain through its operations in yarn and textile products, catering to demand from domestic and industrial markets.

Q: What are the key growth drivers for Modern Thread Ltd?
Answer: Growth drivers include increasing textile demand, product diversification, export opportunities, operational efficiency, capacity utilization improvement, and growth in the apparel industry.

Q: What factors affect the valuation of Modern Thread shares?
Answer: Revenue growth, profitability, production capacity, raw material prices, textile industry conditions, debt position, financial performance, and market demand for unlisted shares influence valuation.

Q: Are Modern Thread shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q: Can I sell my Modern Thread shares through WWIPL?
Answer: Yes. WWIPL facilitates buying and selling of unlisted shares, subject to market demand and share availability.

Q: What documents are required to buy Modern Thread shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.

Q: What are the risks of investing in Modern Thread shares?
Answer: Investors should consider textile industry cycles, raw material price fluctuations, competition, operational challenges, financial performance, and liquidity constraints associated with unlisted shares.

Q: How does WWIPL help investors track Modern Thread investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.

Q: How long does it take for Modern Thread shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.

Q: What should investors evaluate before investing in Modern Thread Ltd?
Answer: Investors should assess the company's financial performance, manufacturing capabilities, product portfolio, valuation, industry position, liquidity, and long-term growth prospects.

Q: Can Modern Thread benefit from growth in India's textile industry?
Answer: Yes. Growth in textile consumption, apparel demand, exports, and India's expanding manufacturing ecosystem may create opportunities for companies operating in the textile sector.