Maars Property Development Company Private Limited - Company Profile

It is a construction private limited company based in Bangalore, Karnataka, India, established in 2009.

2009 Bangalore, Karnataka, India Struck Off

Last Updated: July 26, 2025

About Maars Property Development Company Private Limited

Maars Property Development Company Private Limited, a struck off private limited company, was established on 10 December 2009 in Bangalore, Karnataka, India. Engaging in construction within the construction sector, it holds CIN: U45201KA2009PTC051806. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹0.90 M.

Its leadership includes Alex Michael (Director), Mujeeb Mohamed Thekkathuvalappil (Director), Ajit Govindan Nair (Director). It is based at Z- Square, No. 92, 5Th Floor, Jyothinivas College Road, 5Th Block, Koramangala Industrial, Area,, Bangalore, Karnataka, 560095.

Company Details

CIN/LLPIN
U45201KA2009PTC051806
Registration Number
051806
Incorporation Date
10 December 2009
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹0.90 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Struck Off

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 26-07-2025
Paid Up Capital ₹ 0.90 M as on 26-07-2025
Company Age 16 Year, 2 Months

Comprehensive Company Insights

Explore comprehensive insights into Maars Property Development Company Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maars Property Development Company Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Alex Michael	Director	10 Dec 2009	Current
Mujeeb Mohamed Thekkathuvalappil	Director	10 Dec 2009	Current
Ajit Govindan Nair	Director	10 Dec 2009	Current

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Financial Performance of Maars Property Development Company.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Maars Property Development Company?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Maars Property Development Company?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Maars Property Development Company

Recent Activity within the Organization

Director Appointment

Alex Michael was appointed as a Director was appointed as a Director on 10 Dec 2009 & has been associated with this company since 16 years 2 months . was recorded as a recent event.
10 Dec 2009
Director Appointment

Mujeeb Mohamed Thekkathuvalappil was appointed as a Director was appointed as a Director on 10 Dec 2009 & has been associated with this company since 16 years 2 months . was recorded as a recent event.
10 Dec 2009
Director Appointment

Progress on Ajit Govindan Nair was appointed as a Director was appointed as a Director on 10 Dec 2009 & has been associated with this company since 16 years 2 months . was documented.
10 Dec 2009
Company Incorporation

The activity Maars Property Development Company Private Limited was registered on 10 Dec 2009 with Roc Bangalore & aged 16 years 2 months as per MCA records. was completed.
10 Dec 2009

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Frequently Asked Questions

What is the CIN of Maars Property Development Company Private Limited?

The CIN of Maars Property Development Company Private Limited is U45201KA2009PTC051806.

Where is Maars Property Development Company Private Limited headquartered?

Maars Property Development Company Private Limited is headquartered at Z- Square, No. 92, 5Th Floor, Jyothinivas College Road, 5Th Block, Koramangala Industrial, Area,, Bangalore, Karnataka, 560095.

When was Maars Property Development Company Private Limited incorporated?

Maars Property Development Company Private Limited was incorporated on 10 December 2009.

Who are the current directors of Maars Property Development Company Private Limited?

The current directors of Maars Property Development Company Private Limited are

What is the primary industry of Maars Property Development Company Private Limited?

The primary industry of Maars Property Development Company Private Limited is Construction.

Is Maars Property Development Company Private Limited a listed company?

Maars Property Development Company Private Limited is unlisted.

What is the capital structure of Maars Property Development Company Private Limited?

The authorized capital of Maars Property Development Company Private Limited is ₹1.00 Cr, and the paid-up capital is ₹0.90 M.

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