Marathon Nextgen Realty Limited - Company Profile

It is a real estate and construction public limited company based in Mumbai, Maharashtra, India, established in 1978.
1978 Mumbai, Maharashtra, India Active
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About Marathon Nextgen Realty Limited

Marathon Nextgen Realty Limited, a active public limited company, was established on 13 January 1978 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: L65990MH1978PLC020080. Registered under ROC Roc Mumbai. it is listed on BSE: 503101 and NSE: MARATHON. It has an authorized capital of ₹74.00 Cr and a paid-up capital of ₹33.71 Cr.

Formerly known as Piramal Spinning & Weaving Mills Limited, Marathon Nextgen Realty & Textiles Limited. It upholds a compliant status. In 2023, it reported revenue of ₹487.89 Cr and a net worth of ₹803.49 Cr. Employing 58 professional, Its leadership includes Parul Abhoy Shah (Director), Atul Jayantilal Mehta (Director), Deepak Rameshchandra Shah (Director). Past directors included Nilesh Dhankumar Dand, Parul Abhoy Shah, Atul Jayantilal Mehta. It holds ₹599.29 Cr open charges and ₹4,987.58 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at Marathon Futurex N. M. Joshi Marg, Lower Parel, Mumbai, Maharashtra, 400013.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L65990MH1978PLC020080

  • Registration Number

    020080

  • Incorporation Date

    13 January 1978

  • Authorized Capital

    ₹74.00 Cr

  • Paid-Up Capital

    ₹33.71 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 503101, NSE: MARATHON)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 74.00 Cr
  • Paid Up Capital ₹ 33.71 Cr
  • Company Age 48 Year, 25 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 599.29 Cr
  • Satisfied Charges ₹ 4,987.58 Cr
  • Revenue Growth **** 175.40%
  • Profit Growth **** 385.50%
  • Ebitda **** 198.57%
  • Net Worth 17.56%
  • Total Assets -3.27%
Company report

Marathon Nextgen Realty Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Marathon Nextgen Realty 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 Nextgen Realty Limited?
Current Directors
Name Designation Appointment Date Status
Parul Abhoy Shah Director 13 Feb 2020 Current
Atul Jayantilal Mehta Director 13 Feb 2020 Current
Deepak Rameshchandra Shah Director 09 Feb 2017 Current
Shailaja Chetan Shah Director 25 Mar 2015 Current
Samyag Mayur Shah Whole-Time Director 28 May 2024 Current
Suyash Bhise Neelkanth Cfo 21 Jun 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Aug 2008 Past
Pramod Abcsdd Additional Director 30 Sep 2020 Past
Pramod Abcsdd Additional Director 30 Sep 2020 Past
Pramod Abcsdd Additional Director 20 Sep 2017 Past
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Additional Director 28 Aug 2015 Past

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Financial Performance of Marathon Nextgen Realty.

Marathon Nextgen Realty Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 175.4% increase. The company also saw a substantial improvement in profitability, with a 385.5% increase in profit. The company's net worth Soared by an impressive increase of 17.56%.

Marathon Nextgen Realty revenue growth over time
Marathon Nextgen Realty profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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175.40%
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Revenue from Operations
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181.42%
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Total Assets
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-3.27%
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Profit or Loss
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385.50%
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Net Worth
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17.56%
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EBITDA
*******
198.57%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Marathon Nextgen Realty?

In 2023, Marathon Nextgen Realty had a promoter holding of 74.44% and a public holding of 25.56%. The company had 3 Subsidiaries and 1 Joint Venture. 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

₹5,992,925,000.00

Satisfied Charges

₹49,875,822,570.00

Charges Breakdown by Lending Institutions
  • Others : 595.20 Cr
  • Hdfc Bank Limited : 2.00 Cr
  • Industrial Development Bank Of India : 2.00 Cr
  • The South Indian Bank Limited : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
22 Jul 2025 Hdfc Bank Limited ₹2.00 Cr Open
27 Nov 2024 Others ₹75.00 Cr Open
05 Sep 2024 Others ₹15.00 Cr Open
02 Jul 2024 Others ₹70.00 Cr Open
29 Nov 2023 Others ₹55.20 Cr Open

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How Many Employees Work at Marathon Nextgen Realty?

Marathon Nextgen Realty has a workforce of 58 employees as of Apr 07, 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 Nextgen Realty, 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 Nextgen Realty'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 Nextgen Realty
Recent Activity within the Organization
  • Annual General Meeting

    Marathon Nextgen Realty Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge registered on 10 Jan 2025 via Charge ID 101039618 with Others was fully satisfied on 09 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 18 Dec 2023 via Charge ID 100861384 with Others was fully satisfied on 14 Aug 2025. was completed.

  • Charges

    A charge registered on 05 Jan 2024 via Charge ID 100860012 with Others was fully satisfied on 13 Aug 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 17 Aug 2023 via Charge ID 100774370 with Others was fully satisfied on 13 Aug 2025. was documented.

  • Charges

    The activity A charge registered on 14 Aug 2023 via Charge ID 100791808 with Others was fully satisfied on 13 Aug 2025. was completed.

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Frequently Asked Questions
What is the CIN of Marathon Nextgen Realty Limited?

The CIN of Marathon Nextgen Realty Limited is L65990MH1978PLC020080.

Where is Marathon Nextgen Realty Limited headquartered?

Marathon Nextgen Realty Limited is headquartered at Marathon Futurex N. M. Joshi Marg, Lower Parel, Mumbai, Maharashtra, 400013.

When was Marathon Nextgen Realty Limited incorporated?

Marathon Nextgen Realty Limited was incorporated on 13 January 1978.

Who are the current directors of Marathon Nextgen Realty Limited?
What is the primary industry of Marathon Nextgen Realty Limited?

The primary industry of Marathon Nextgen Realty Limited is Real Estate.

Is Marathon Nextgen Realty Limited a listed company?

Marathon Nextgen Realty Limited is listed. It is listed on BSE: 503101 and NSE: MARATHON.

What is the capital structure of Marathon Nextgen Realty Limited?

The authorized capital of Marathon Nextgen Realty Limited is ₹74.00 Cr, and the paid-up capital is ₹33.71 Cr.

What is the compliance status of Marathon Nextgen Realty Limited?

The compliance status of Marathon Nextgen Realty Limited is Compliant.

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