
About J N Marshall Private Limited
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J N Marshall Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 June 1958 and has been in existence for over 68 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29111PN1958PTC011125. Its GSTIN is 27AAACJ4425B1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Hindustan Precision Instruments Private Limited. It is led by directors including Kiran Surajbansi Vohra and Farhad Darius Forbes.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Opp 106th Milestone Cts No. 2220 Mumbai – Pune Road Kasarwadi, Maharashtra, India – 411034.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.43 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹8.19 Cr (net margin 71.7%) and EBITDA of ₹10.76 Cr (EBITDA margin 94.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹10.15 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forbesmarshall.com.
Company details
CIN history
J N Marshall has one previous CIN (Corporate Identification Number): U29111MH1958PTC011125. The current CIN is U29111PN1958PTC011125, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29111PN1958PTC011125 | Current |
| U29111MH1958PTC011125 | Previous |
Contact details
J N Marshall Private Limited's registered office is in Pune, Maharashtra. Its website is forbesmarshall.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOpp 106th Milestone Cts No. 2220 Mumbai – Pune Road Kasarwadi, Maharashtra, India – 411034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of J N Marshall Private Limited, 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
Business activity
The main business activities of J N Marshall are manufacturing and real estate. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of J N Marshall Private Limited, buy the company report.
Financials of J N Marshall Private Limited
FY 2025 filings availableJ N Marshall Private Limited reported revenue of ₹11.43 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 33% 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 | ₹10.76 Cr | ||||
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| Net Profit (PAT) | ₹8.19 Cr | ||||
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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 | 94.2% | ||||
| Net Profit Margin | 71.7% | ||||
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To see the full financial statements and ratios of J N Marshall Private Limited, buy the company report.
Board of directors of J N Marshall Private Limited
J N Marshall has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Surajbansi Vohra Also directs: Forbes Marshall Private Limited | Director | 14 Aug 2018 | 8 Years 2 Months | Current |
| Farhad Darius Forbes Also directs: Forbes Marshall Private Limited, Forbes Marshall (Hyd) Private Limited, Forbes Marshall Arca Private Limited and 5 more | Director | 28 Dec 1983 | 42 Years 10 Months | Current |
| Naushad Darius Forbes Also directs: Forbes Marshall Private Limited, Forbes Marshall (Hyd) Private Limited, Forbes Marshall Arca Private Limited and 5 more | Director | 28 Dec 1983 | 42 Years 10 Months | Current |
Auditor
J N Marshall Private Limited is audited by FORD RHODES PARKS & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FORD RHODES PARKS & CO LLP | FY 2022 | W100089 |
Shareholding
The shareholding of J N Marshall Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of J N Marshall Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2006 | 10023449 | Corporation Bank | ₹8 Cr | Satisfied | |
| 16 Aug 2001 | 90091635 | The Union Bank of India Ltd. | ₹30 Lakh | Satisfied | |
| 31 Oct 1994 | 90090044 | The Union Bank of India Ltd. | ₹50 Lakh | Satisfied | |
| 05 Mar 1993 | 90089823 | The British Bank of the Middle East | ₹56 Lakh | Satisfied | |
| 28 Dec 1982 | 90089223 | The Union Bank of India Ltd. | ₹8.81 Lakh | Satisfied |
To see the full charge records of J N Marshall Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
J N Marshall Private Limited has 4 court cases on record: 4 filed by J N Marshall. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Ors. | Disposed |
| Bombay High Court | Court case (CAW) | Filed by the company against State of Maharashtra and Ors. | Disposed |
| Supreme Court | Court case (9999-Other) | Filed by the company against Commissioner of Cent.Excise, Pune | Disposed |
To see the full case history of J N Marshall Private Limited, 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 J N Marshall Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
J N Marshall has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ4425B1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of J N Marshall Private Limited, buy the company report.
Recent activity
J N Marshall Private Limited has 12 board changes on record since 1983: 4 appointments and 8 cessations. The latest: Darius Minocher Forbes ceased to be Director on 11 Aug 2023.
38 earlier events are in the company report.
Frequently asked questions
J N Marshall is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 June 1958 (68+ years old) and is registered under CIN U29111PN1958PTC011125.
J N Marshall has 3 current directors:
- Kiran Surajbansi Vohra - Director
- Farhad Darius Forbes - Director
- Naushad Darius Forbes - Director
The latest financial statements of J N Marshall on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of J N Marshall is 27AAACJ4425B1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of J N Marshall is U29111PN1958PTC011125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J N Marshall has 4 court cases on record: 4 filed by the company. Most are in the high courts.
J N Marshall was incorporated on 27 June 1958, making it 68+ years old. It is registered with the Registrar of Companies, Pune.
Darius Minocher Forbes ceased to be Director on 11 Aug 2023. Imran Mohomedali Panju ceased to be Director on 30 Dec 2021. Navroze Shiamak Marshall ceased to be Director on 30 Dec 2021. J N Marshall has 12 board changes on record in total.
J N Marshall can be reached through the website forbesmarshall.com. Its registered office is in Pune, Maharashtra, India.
The registered office of J N Marshall is at Opp 106th Milestone Cts No. 2220 Mumbai – Pune Road Kasarwadi, Maharashtra, India – 411034.

