About Marg Properties Limited
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Marg Properties Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Marg Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45400TN2009PLC073986. Its GSTIN is 33AAGCM2942J1ZH (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Marg Properties Private Limited. It is led by directors including Selvapandi and Ram Mohan Thummala.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sri Sai Subhodhaya Apartments No.57/2B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.43 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.22 Cr and EBITDA of -₹1.22 Cr. Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 51% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹83 Cr and satisfied charges of ₹102.35 Cr on record. Court records list 122 cases involving the company, including 38 filed by the company and 84 filed against it; 38 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website margproperties.com.
Company details
CIN history
Marg Properties has one previous CIN (Corporate Identification Number): U45400TN2009PTC073986. The current CIN is U45400TN2009PLC073986, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400TN2009PLC073986 | Current |
| U45400TN2009PTC073986 | Previous |
Contact details
Marg Properties Limited's registered office is in Chennai, Tamil Nadu. Its website is margproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSri Sai Subhodhaya Apartments No.57/2B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Marg Properties 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
Financials of Marg Properties Limited
FY 2022 filings availableMarg Properties Limited reported revenue of ₹8.43 Lakh (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.43 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.22 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Marg Properties Limited, buy the company report.
Board of directors of Marg Properties Limited
Marg Properties has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Selvapandi Also directs: Marg Projects and Infrastructure Limited, Adhunik Infradevelopers Private Limited, Acute Infrastructure Private Limited and 5 more | Director | 10 Feb 2023 | 3 Years 8 Months | Current |
| Kandasamy Karpagambal Also directs: Dove Habitat Private Limited, Vishwashakthi Project Services Private Limited, Marg Limited and 5 more | Additional Director | 23 Jan 2021 | 5 Years 8 Months | Current |
| Ram Mohan Thummala Also directs: Dove Habitat Private Limited, Vishwashakthi Project Services Private Limited, Noble Habitat Private Limited and 5 more | Director | 10 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Marg Properties Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sukh Champak Aangan Private Limited | ₹8.44 Lakh (FY 2020) | -3.0% | Mumbai, Maharashtra, India | |||
| Gorakhpur Greentech Properties Private Limited | ₹8.44 Lakh (FY 2025) | 23.0% | Gorakhpur, Uttar Pradesh, India | |||
| Marg Properties Limitedthis company | ₹8.43 Lakh (FY 2022) | -₹1.22 Cr | -100.0% | 2 | Chennai, Tamil Nadu, India | |
| Sri Abhinandana Homes Private Limited | ₹8.43 Lakh (FY 2024) | -94.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Marg Properties Limited, buy the company report.
Auditor
Marg Properties Limited is audited by A R KRISHNAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R KRISHNAN & ASSOCIATES | FY 2022 | 009805S |
Shareholding
The shareholding of Marg Properties Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marg Properties Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2013 | 10411648 | Edelweiss Asset Reconstruction Company Limited | ₹50 Cr | Open | |
| 31 Dec 2012 | 10395336 | Indian Overseas Bank | ₹15 Cr | Open | |
| 23 Jan 2012 | 10331335 | Ifci Venture Capital Funds Limited | ₹18 Cr | Open | |
| 28 Sep 2013 | 10452726 | Icici Bank Limited | ₹50 Cr | Satisfied | |
| 28 Sep 2012 | 10382265 | Edelweiss Asset Reconstruction Company Limited | ₹21.35 Cr | Satisfied |
To see the full charge records of Marg Properties Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Marg Properties Limited has 122 court cases on record: 38 filed by Marg Properties, 84 filed against it. 38 cases are pending and 84 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 56 | 37 |
| High courts | 60 | 28 | 1 |
Cases on record (5 of 122)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Execution petition | Filed against the company by M/S.Warrior FMS (India) Pvt., Ltd.,Rep by Its M.D., | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Electro Ark (India) Pvt. Ltd., | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Electro Rak India P Ltd.,Rep by Chief Operating Officer | Disposed |
| High Court, TAMIL NADU | Execution petition | Filed against the company by M/S. Warrior FMS (India)Private Ltd., | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.Il & FS Trust Company Ltd | Disposed |
To see the full case history of Marg Properties 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 Marg Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marg Properties Limited has a workforce of 2 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Marg Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCM2942J1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marg Properties Limited, buy the company report.
Recent activity
Marg Properties Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Gorrepati Ramakrishna Reddy ceased to be Director on 10 Feb 2023.
16 earlier events are in the company report.
Frequently asked questions
Marg Properties is an active public limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 December 2009 (17+ years old) and is registered under CIN U45400TN2009PLC073986.
Marg Properties has 3 current directors:
- Selvapandi - Director
- Kandasamy Karpagambal - Additional Director
- Ram Mohan Thummala - Director
The latest financial statements of Marg Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Marg Properties is 33AAGCM2942J1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Marg Properties is U45400TN2009PLC073986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marg Properties has 122 court cases on record: 38 filed by the company and 84 filed against it. 38 are pending. Most are in the district courts.
Marg Properties was incorporated on 18 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Marg Properties by revenue are Sukh Champak Aangan Private Limited, Gorakhpur Greentech Properties Private Limited, Sri Abhinandana Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Gorrepati Ramakrishna Reddy ceased to be Director on 10 Feb 2023. Selvapandi was appointed as Director on 10 Feb 2023. Kandasamy Karpagambal was appointed as Additional Director on 23 Jan 2021. Marg Properties has 11 board changes on record in total.
Marg Properties can be reached through the website margproperties.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Marg Properties is at Sri Sai Subhodhaya Apartments No.572B East Coast Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.