Marathon Heater (India) Private Limited - Company Profile

It is a machinery and equipment private limited company based in Vadodara, Gujarat, India, established in 2008.
2008 Vadodara, Gujarat, India Amalgamated
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About Marathon Heater (India) Private Limited

Marathon Heater (India) Private Limited, a amalgamated private limited company, was established on 14 March 2008 in Vadodara, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U31909GJ2008PTC149770. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹3.50 M.

It upholds a compliant status. Employing 78 professional, Its leadership includes Sonal Rathi (Director), Vinay Rathi (Director). Past directors included Virendra Prakash Rathi, Michael Ronald Wrob, Sonal Rathi. It holds ₹11.20 Cr open charges and ₹7.83 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Tf-304, Florence Classic, 10, Ashapuri Society, Akota, Vadodara, Gujarat, 390020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U31909GJ2008PTC149770

  • Registration Number

    149770

  • Incorporation Date

    14 March 2008

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹3.50 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.20 Cr
  • Satisfied Charges ₹ 7.83 Cr
  • Revenue Growth **** 39.78%
  • Profit Growth **** 51.11%
  • Ebitda **** 48.53%
  • Net Worth 45.49%
  • Total Assets **** 37.18%
Company report

Marathon Heater (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Marathon Heater (India) 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 Marathon Heater (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Sonal Rathi Director 30 Jun 2014 Current
Vinay Rathi Director 14 Mar 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jul 2014 Past
Pramod Abcsdd Director 20 May 2017 Past
Pramod Abcsdd Additional Director 12 Apr 2022 Past

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Financial Performance of Marathon Heater (India).

Marathon Heater (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.78% increase. The company also saw a substantial improvement in profitability, with a 51.11% increase in profit. The company's net worth Soared by an impressive increase of 45.49%.

Marathon Heater (India) revenue growth over time
Marathon Heater (India) profit and loss trends over time
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
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 39.78%
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*******
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Revenue from Operations
*******
 40.84%
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*******
*******
Total Assets
*******
 37.18%
*******
*******
*******
*******
Profit or Loss
*******
 51.11%
*******
*******
*******
*******
Net Worth
*******
 45.49%
*******
*******
*******
*******
EBITDA
*******
 48.53%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Marathon Heater (India)?

In 2023, Marathon Heater (India) had a promoter holding of 60.31% and a public holding of 39.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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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Charges (Loans)
Open Charges

₹112,000,000.00

Satisfied Charges

₹78,250,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 6.88 Cr
  • State Bank Of Bikaner And Jaipur : 0.72 Cr
  • State Bank Of Bikaner & Jaipur : 0.23 Cr
Latest Charge Details
Date Lender Amount Status
21 Mar 2011 State Bank Of Bikaner & Jaipur ₹2.25 M Satisfied
24 Jun 2009 State Bank Of India ₹6.88 Cr Satisfied
24 Jun 2009 State Bank Of Bikaner And Jaipur ₹7.20 M Satisfied

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How Many Employees Work at Marathon Heater (India)?

Marathon Heater (India) has a workforce of 78 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marathon Heater (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Marathon Heater (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Marathon Heater (India)
Recent Activity within the Organization
  • Annual General Meeting

    Marathon Heater (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Marathon Heater (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge registered on 24 Jun 2009 via Charge ID 10170344 with State Bank Of India was fully satisfied on 14 May 2020. was documented.

  • Charges

    The activity A charge with State Bank Of India of Rs. 68.80 M registered on 24 Jun 2009 with Charge ID 10170344 was modified on 26 Dec 2019. was completed.

  • Charges

    Progress on A charge registered on 21 Mar 2011 via Charge ID 10279452 with State Bank Of Bikaner & Jaipur was fully satisfied on 12 May 2016. was documented.

  • Charges

    Progress on A charge registered on 24 Jun 2009 via Charge ID 10170345 with State Bank Of Bikaner And Jaipur was fully satisfied on 12 May 2016. was documented.

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Frequently Asked Questions
What is the CIN of Marathon Heater (India) Private Limited?

The CIN of Marathon Heater (India) Private Limited is U31909GJ2008PTC149770.

Where is Marathon Heater (India) Private Limited headquartered?

Marathon Heater (India) Private Limited is headquartered at Tf-304, Florence Classic, 10, Ashapuri Society, Akota, Vadodara, Gujarat, 390020.

When was Marathon Heater (India) Private Limited incorporated?

Marathon Heater (India) Private Limited was incorporated on 14 March 2008.

Who are the current directors of Marathon Heater (India) Private Limited?

The current directors of Marathon Heater (India) Private Limited are

What is the primary industry of Marathon Heater (India) Private Limited?

The primary industry of Marathon Heater (India) Private Limited is Manufacturing.

Is Marathon Heater (India) Private Limited a listed company?

Marathon Heater (India) Private Limited is unlisted.

What is the capital structure of Marathon Heater (India) Private Limited?

The authorized capital of Marathon Heater (India) Private Limited is ₹4.00 M, and the paid-up capital is ₹3.50 M.

What is the compliance status of Marathon Heater (India) Private Limited?

The compliance status of Marathon Heater (India) Private Limited is Compliant.

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