What we do Modipon Limited, established in 1965, initially manufactured synthetic yarns and diversified into chemicals before ceasing manufacturing in 2007. It now holds significant real estate assets. |
Founded in 1,965 |
Market share Formerly a leading synthetic yarn and chemicals manufacturer; currently repositioning via real estate development plans. |
Problem solved Provided synthetic filament yarns and industrial chemicals supporting textile and agro industries until manufacturing closure. |
Top clients or who we serve Industrial clients in synthetic yarn and chemical sectors; now exploring industrial real estate development. |
Key management - |
Our journey and innovations Started as a joint venture in 1965, expanded capacities, achieved ISO 9001:2000, transitioned manufacturing assets to subsidiaries in 2006-07, ceased operations in 2007. |
Where we operate Primarily India, with technical collaborations internationally (Italy, USA). |
Top products or what we offer Synthetic nylon and polyester filament yarns; leather and agro-chemicals (prior to 2007). |
Top brands - |
Raw materials needed Chemicals and polymers for yarns and agro-industrial products. |
Raw materials supplier - |
Recurring vs cyclical contribution Previously cyclical manufacturing revenues; now non-operational with real estate focus. |
Our industry position Once prominent in synthetic yarn manufacturing; currently inactive in manufacturing segment. |
Financial highlights No revenue in latest year; net losses of Rs. 66.16 lakhs in FY 2024-25 due to ceased operations. |
Geographical revenue split - |
Order book - |
Whats driving growth Exploration of industrial real estate projects amid factory closure and land development plans. |
Our future plans Developing industrial real estate in Modinagar, pending government approvals and resolution of land issues. |
Our green promise - |
Our people and values Small retained workforce with focus on compliance and employee grievance resolution. |
Key challenges ahead Land litigation with UP Government and transition from manufacturing to real estate development. |
Interesting facts First synthetic filament yarn plant to receive ISO 9001:2000 certification (2000-01). |
Risks and strategy Facing operational cessation risks; strategy focuses on real estate asset monetization and new industrial projects. |
