About Mariegold Infratech Private Limited
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Mariegold Infratech Private Limited is a private limited company based in Indore. M.P, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 December 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U67120MP1987PTC004268. Its GSTIN is 27AAECM8941R2ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Mariegold Warehousing and Financial Servies Limited and Mariegold Warehousing and Financial Services Limited. It is led by directors including Sushil Jainarayan Karwa (Managing Director) and Vishnu Jainarayan Karwa.
Its latest financial statements are for the year ended 31 March 2019. The registered office is at 302 Royal House 11/3 Usha Ganj No.1 11/3 Usha Ganj No 1, Indore. M.P, Madhya Pradesh, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.29 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.83 Cr (net margin 89.2%) and EBITDA of ₹3.83 Cr (EBITDA margin 89.2%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹102.75 Cr and satisfied charges of ₹69.64 Cr on record. Court records list 31 cases involving the company, including 7 filed by the company and 24 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website marigoldinfra.com.
Company details
Name history
Mariegold Infratech has undergone 7 name changes throughout its history. The current legal name is Mariegold Infratech Private Limited.
| Company Name | Status |
|---|---|
| Mariegold Infratech Private Limited | Current |
| Mariegold Warehousing And Financial Servies Limited | Previous |
| Mariegold Warehousing And Financial Services Limited | Previous |
| Mariegold Warehousing & Financial Servies Limited | Previous |
| Mariegold Infrastructure And Financial Services Limited | Previous |
| Mariegold Infrastructure And Fianancial Services Limited | Previous |
| Umashankar Somani Finance And Leasing Private Limited | Previous |
| Mariegold Infratech Limited | Previous |
CIN history
Mariegold Infratech has one previous CIN (Corporate Identification Number): U67120MP1987PLC004268. The current CIN is U67120MP1987PTC004268, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MP1987PTC004268 | Current |
| U67120MP1987PLC004268 | Previous |
Contact details
Mariegold Infratech Private Limited's registered office is in Indore. M.P, Madhya Pradesh. Its website is marigoldinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address302 Royal House 11/3 Usha Ganj No.1 11/3 Usha Ganj No 1, Indore. M.P, Madhya Pradesh, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mariegold Infratech 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
Financials of Mariegold Infratech Private Limited
FY 2019 filings availableMariegold Infratech Private Limited reported revenue of ₹4.29 Cr (down 16% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 12% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.83 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.2% | ||||
| Net Profit Margin | 89.2% | ||||
| 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 Mariegold Infratech Private Limited, buy the company report.
Board of directors of Mariegold Infratech Private Limited
Mariegold Infratech has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Jainarayan Karwa | Director | 12 May 2009 | 17 Years 5 Months | Current |
| Mukund Karwa | Director | 10 May 2005 | 21 Years 5 Months | Current |
| Manish Jainarayan Karwa Also directs: Krishidhan Vegetable Seeds India Private Limited | Director | 10 May 2005 | 21 Years 5 Months | Current |
| Sushil Jainarayan Karwa Also directs: Krishidhan Seeds Private Limited, Rajendra Agri Products Private Limited, Shreeji Buildsquare Plus Private Limited and 1 more | Managing Director | 23 Jan 2008 | 18 Years 9 Months | Current |
Peer comparison
Mariegold Infratech Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srinivaas Infra Developers Private Limited | ₹4.3 Cr (FY 2025) | -77.0% | Kolkata, West Bengal, India | |||
| Gig Constructions Private Limited | ₹4.29 Cr (FY 2024) | 79.0% | Chennai, Tamil Nadu, India | |||
| Dfa Consultants Private Limited | ₹4.29 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Super India Properties and Industries Private Limited | ₹4.29 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| G S R Builders & Developers Private Limited | ₹4.29 Cr (FY 2025) | -13.0% | Lucknow, Uttar Pradesh, India | |||
| Mariegold Infratech Private Limitedthis company | ₹4.29 Cr (FY 2019) | ₹3.83 Cr | 89.2% | -16.0% | Indore. M.P, Madhya Pradesh, India | |
| JMD Infraestate Private Limited | ₹4.29 Cr (FY 2024) | 1330.0% | Prayagraj, Uttar Pradesh, India | |||
| Skygrid Buildtech Private Limited | ₹4.29 Cr (FY 2025) | 552.0% | Gurgaon, Haryana, India | |||
| Triveni TV Network Private Limited | ₹4.29 Cr (FY 2025) | -47.0% | Delhi, India | |||
| Gee Gee Exports Pvt Ltd | ₹4.29 Cr (FY 2025) | 9.0% | Delhi, India | |||
| Capetown Tradelink Private Limited | ₹4.29 Cr (FY 2024) | 10207.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mariegold Infratech Private Limited, buy the company report.
Auditor
Mariegold Infratech Private Limited is audited by LOYA & MUNDADA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOYA & MUNDADA | FY 2019 | 132811W |
Shareholding
The shareholding of Mariegold Infratech Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mariegold Infratech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2012 | 10390606 | Others | ₹102.4 Cr | Open | |
| 31 Aug 2012 | 10373252 | Reliance Home Finance Private Limited | ₹35 Lakh | Open | |
| 10 Mar 2014 | 10587186 | Bank of Maharashtra | ₹15 Cr | Satisfied | |
| 28 Oct 2013 | 10458358 | Fedbank Financial Services Limited | ₹2.1 Cr | Satisfied | |
| 24 Jun 2013 | 10433591 | Others | ₹23 Cr | Satisfied |
To see the full charge records of Mariegold Infratech Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Mariegold Infratech Private Limited has 31 court cases on record: 7 filed by Mariegold Infratech, 24 filed against it. 4 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 13 | 1 |
| District courts | 10 | 10 | 3 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Ms Religare Finvest Limited | Pending |
| Bombay High Court | Court case (CRE) | Filed against the company by Suraksha Asset Reconstruction Private Limited | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Suraksha Asset Reconstruction Pvt Ltd | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Suraksha Asset Reconstruction Private Limited | Disposed |
| Bombay High Court | Court case (TD) | Filed against the company by Suraksha Asset Reconstruction Pvt.Ltd. | Disposed |
To see the full case history of Mariegold Infratech 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 Mariegold Infratech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mariegold Infratech has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
Mariegold Infratech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM8941R2ZK | Maharashtra | Active | 17 Apr 2018 |
To see the full GST registrations and return filing status of Mariegold Infratech Private Limited, buy the company report.
Recent activity
Mariegold Infratech Private Limited has 7 board changes on record since 2005: 4 appointments and 3 cessations. The latest: Madhav Ambadasji Dhande ceased to be Director on 26 Dec 2015.
29 earlier events are in the company report.
Frequently asked questions
Mariegold Infratech is an active private limited company based in Indore. M.P, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 December 1987 (39+ years old) and is registered under CIN U67120MP1987PTC004268.
Mariegold Infratech has 4 current directors:
- Sushil Jainarayan Karwa - Managing Director
- Vishnu Jainarayan Karwa - Director
- Mukund Karwa - Director
- Manish Jainarayan Karwa - Director
The latest financial statements of Mariegold Infratech on record with the MCA are for the year ended 31 March 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Mariegold Infratech is 27AAECM8941R2ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mariegold Infratech is U67120MP1987PTC004268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mariegold Infratech has 31 court cases on record: 7 filed by the company and 24 filed against it. 4 are pending. Most are in the high courts.
Mariegold Infratech was incorporated on 11 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mariegold Infratech by revenue are Srinivaas Infra Developers Private Limited, Gig Constructions Private Limited, Dfa Consultants Private Limited, Super India Properties and Industries Private Limited, G S R Builders & Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Madhav Ambadasji Dhande ceased to be Director on 26 Dec 2015. Sushil Jainarayan Karwa ceased to be Director on 29 Jun 2012. Vishnu Jainarayan Karwa ceased to be Additional Director on 25 Sep 2009. Mariegold Infratech has 7 board changes on record in total.
Mariegold Infratech can be reached through the website marigoldinfra.com. Its registered office is in Indore. M.P, Madhya Pradesh, India.
The registered office of Mariegold Infratech is at 302 Royal House 113 Usha Ganj No.1 113 Usha Ganj No 1, Indore. M.P, Madhya Pradesh, India.