
Marvel Business Pvt Ltd
About Marvel Business Pvt Ltd
Data last updated:
Marvel Business Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 21 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1991PTC052791.
The company has an authorised share capital of ₹1.17 Cr and a paid-up capital of ₹84.7 Lakh. It is led by directors including Naina Devi Jhunjhunwala and Aditya Jhunjhunwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor 4 – Lee Road Sumangal Apartment, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.55 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹41.26 Lakh (net margin 139.6%) and EBITDA of ₹51.1 Lakh (EBITDA margin 172.9%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 39% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Marvel Business Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor 4 – Lee Road Sumangal Apartment, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Marvel Business Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Marvel Business Pvt Ltd
FY 2024 filings availableMarvel Business Pvt Ltd reported revenue of ₹29.55 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. EBITDA rose 84% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹51.1 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹41.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 172.9% | ||||
| Net Profit Margin | 139.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Marvel Business Pvt Ltd, buy the company report.
Board of directors of Marvel Business Pvt Ltd
Marvel Business has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naina Devi Jhunjhunwala Also directs: K M Sugar Mills Limited, K M Plantations Private Limited, Francoise Commerce Pvt Ltd and 5 more | Director | 14 Sep 1999 | 27 Years 1 Months | Current |
| Aditya Jhunjhunwala Also directs: K M Sugar Mills Limited, KM Spirits and Allied Industries Limited, Pharmetro Life Sciences Private Limited and 5 more | Director | 30 Jun 2006 | 20 Years 4 Months | Current |
| Lakshmi Kant Dwarka Das Jhunjhunwala Also directs: Jhunjhunwala Securities Pvt.Ltd., Nidhi Financial Services Pvt Ltd, Satyam Trade Centre Pvt Ltd and 2 more | Director | 30 Nov 2013 | 12 Years 11 Months | Current |
| Sanjay Jhunjhunwala Also directs: K M Sugar Mills Limited, KM Spirits and Allied Industries Limited, Shri Shakti Credits Limited and 5 more | Director | 31 Dec 2016 | 9 Years 10 Months | Current |
| Priti Jhunjhunwala Also directs: K M Plantations Private Limited, Brilliant Barter Private Limited, Francoise Commerce Pvt Ltd and 5 more | Director | 20 Mar 1997 | 29 Years 7 Months | Current |
Auditor
Marvel Business Pvt Ltd is audited by ANIL PARIEK & GARG for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL PARIEK & GARG | FY 2023 | 001676C |
Shareholding
The shareholding of Marvel Business Pvt Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marvel Business Pvt Ltd, buy the company report.
Legal cases
Marvel Business Pvt Ltd has 5 court cases on record: 3 filed by Marvel Business, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Arbitration matter | Filed against the company by M/S Benaras Inorganics Pvt. Ltd., Lko Thru. Auth. Representative Sri Rajeev Kumar | Pending |
| Supreme Court | Court case | Filed against the company by The Income Tax Officer Ward 12(1) Kolkata | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Income Tax Officer Ward 12/1 and Ors | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against J. R. Organics Ltd. | Disposed |
| Allahabad High Court | Court case (COPP) | Filed by the company against M/S J.R. Organics Ltd. Having Its Registered Office at | Disposed |
To see the full case history of Marvel Business Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marvel Business Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Marvel Business has 2 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Marvel Business Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Marvel Business Pvt Ltd has 7 board changes on record since 1997: 5 appointments and 2 cessations. The latest: Sanjay Jhunjhunwala ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Marvel Business is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 21 August 1991 (35+ years old) and is registered under CIN U51909WB1991PTC052791.
Marvel Business has 5 current directors:
- Naina Devi Jhunjhunwala - Director
- Aditya Jhunjhunwala - Director
- Lakshmi Kant Dwarka Das Jhunjhunwala - Director
- Sanjay Jhunjhunwala - Director
- Priti Jhunjhunwala - Director
The latest financial statements of Marvel Business on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Marvel Business is U51909WB1991PTC052791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Business has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Marvel Business was incorporated on 21 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanjay Jhunjhunwala ceased to be Additional Director on 29 Sep 2017. Sanjay Jhunjhunwala was appointed as Director on 31 Dec 2016. Lakshmi Kant Dwarka Das Jhunjhunwala ceased to be Additional Director on 30 Sep 2014. Marvel Business has 7 board changes on record in total.
The registered office of Marvel Business is at 1st Floor 4 – Lee Road Sumangal Apartment, Kolkata, West Bengal, India – 700020.
Marvel Business operates in the financial services industry, in the nbfc segment.
The compliance status of Marvel Business is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.

