Modern India share price history, delisted: MODERN

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

Jun 2021
- 9 Jun · Post Delisting Exit Offer Letter Along With Exit Application Form & SH-4
  Please find attached herewith the Post Delisting Exit Offer Letter along with the Exit Application and SH 4 for your record and reference. Thanking you & assuring you of our best .... (opens in a new tab)
May 2021
- 11 May · Disclosure
  Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shree Rani Sati Investment & Finance Pvt Ltd & Others (opens in a new tab)
- 11 May · Disclosure
  Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shree Rani Sati Investments & Finance Pvt Ltd & PACs (opens in a new tab)
- 4 May · Post Offer Public Announcement Of The Delisting Of The Equity Shares Of The Company In Accordance With Regulation 18 Of The SEBI(Delisting Of The Equity Shares) Regulation 2009
  Please find attached herewith the newspaper clipping pertaining to the Post offer Public Announcement of the Delisting of the Equity shares of the Company in accordance with regulation .... (opens in a new tab)
Apr 2021
- 20 Apr · Delisting Offer Letter Along With Bid Form And Securities Transfer Form
  We state that Offer Letter along with Bid Form and Securities Transfer Form from Promoters/ Acquirers is dispatched to all public shareholders on April 16, 2021, whose names appeared in .... (opens in a new tab)
- 17 Apr · Regulation 40(9) Of The SEBI (Listing Obligations And Disclosure Requirements), Regulations,2015
  We are enclosing herewith Certificate as required under Regulations 40(9) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations,2015 for the half year ended 31st March,2021. (opens in a new tab)

Daily closes since Jan 2008, adjusted for splits and bonuses. Earlier closes are left out: on 25 Jan 2008 the price changed in a way no corporate action on record explains.

Daily close, ₹ per share

Dividend

Results

Standalone, as consolidated accounts are on record for only 4 of the last ten years; ₹ crore, the charts by years to March, the table by quarter. No standalone results on record for the year to Mar 2016.Quarterly results

Quarter to Dec 2020, against the quarter beforeFiled 13 Feb

Revenue: ₹7.58 Crup 228.38%
Net profit: ₹0.76 Crup 28.22%
Net margin: 10.1%

Revenue by year

Peak revenue ₹448 Cr, year to Mar 2013

Net profit by year, a loss in red

Net profit
Loss

A loss in 5 of the 9 years with results on record

₹ crore	Mar 2019Filed 12 Jun	Jun 2019Filed 16 Aug	Sep 2019Filed 5 Nov	Dec 2019Filed 17 Feb	Mar 2020Filed 3 Jul	Jun 2020Filed 22 Aug	Sep 2020Filed 16 Nov	Dec 2020Filed 13 Feb
Revenue	17.4	4.0	18.4	6.8	15.4	0.6	2.3	7.6
Net profit	−0.1	−2.8	−1.9	−2.9	−13.9	1.4	0.6	0.8
Net margin	−0.8%	−68.9%	−10.2%	−43.5%	−90.5%	222.2%	25.8%	10.1%

Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2020, consolidated.Segment revenue and profit

TRADING₹154 Crdown 9.17%87.1%
BACKGROUND CHECK SERVICES₹20 Crup 7.06%11.4%
RENEWABLE ENERGY₹3 Crup 2.26%1.5%
REAL ESTATE₹0 Cr0.0%
OTHERS₹0 Cr0.1%

The pill is the change in revenue on the year before; the share is of all the businesses together.

Where the return came from

Yearly rates to Mar 2020, per-share figures restated for splits and bonuses.

Over	Return a year	Earnings growth	Change in P/E	Dividend yield
1 year	+51.5%	–	–	0.0%
3 years	−3.0%	–	–	0.0%
5 years	−5.1%	–	–	0.0%

Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Modern India share price by year

Each calendar year to 2021.

Year	Close at year end	Change	Highest close	Lowest close
2021	46.25	+20.3%	55.20	38.75
2020	38.45	−47.0%	108.45	32.00
2019	72.50	+134.6%	76.95	22.80
2018	30.90	−35.2%	59.60	23.00
2017	47.70	+29.3%	89.20	36.90
2016	36.90	−19.7%	54.50	32.30
2015	45.95	+7.2%	67.80	44.15

₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2021 close is its last trade, on 4 Jun 2021.

Recent sessions

The last 10 trading days to 4 Jun 2021, as traded on BSE.

Date	Open	High	Low	Close	Average price	Volume
4 Jun 2021	46.25	46.25	45.55	46.25	46.21	10,921
3 Jun 2021	46.25	46.25	45.55	46.00	45.80	14,797
2 Jun 2021	46.00	46.00	45.75	45.95	45.93	5,538
1 Jun 2021	45.30	46.25	45.30	45.70	45.63	2,116
31 May 2021	45.00	45.70	45.00	45.30	45.66	6,918
28 May 2021	45.85	45.85	45.50	45.60	45.64	41,127
27 May 2021	45.90	45.90	45.50	45.70	45.52	2,706
26 May 2021	45.90	45.90	45.40	45.50	45.51	5,380
25 May 2021	45.00	45.85	45.00	45.05	45.00	9,423
24 May 2021	45.20	45.90	45.05	45.05	45.37	6,182

Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Delisting offer and offer for sale history

Ex-date	Event	Price factor	What happened
25 Jan 2008	Price move	–	Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.

Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name: Modern India Ltd.
BSE code: 503015
ISIN: INE251D01023
Listed: Jan 1958
Face value: ₹2
Website: www.modernindia.co.in (opens in a new tab)
CIN: L17120MH1933PLC002031; Corporate identity number, the registrar of companies' code for it