About Marjins Private Limited
Data last updated:
Marjins Private Limited is a private limited company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online grocery platforms segment of the e-commerce sector. It was incorporated on 13 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2020PTC135873. Its GSTIN is 29AANCM5633R1ZH (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Basavaraju Anjali Kumari and Buvanahalli Sanjeeva Shetty Mallikarjuna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 26 Hig I G II Khb Colony Hootgalli, Mysore, Karnataka, India – 570018.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.15 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹54.25 Lakh (net margin 47%) and EBITDA of ₹73.85 Lakh (EBITDA margin 64%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The company is associated with 1 brand: Marjins. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
For more details, the company can be reached via its website marjins.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressNo 26 Hig I G II Khb Colony Hootgalli, Mysore, Karnataka, India – 570018
- IndustryE-Commerce, Online Grocery Platforms
- 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
- One PDF report, delivered after checkout
Business Activity of Marjins Private Limited
The main business activity of Marjins is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Marjins Private Limited FY 2025 filings available
Marjins Private Limited reported revenue of ₹1.15 Cr (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Marjins Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 90% fall in the latest year. EBITDA rose 175% 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 of Marjins Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹73.85 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54.25 Lakh | •••• | •••• | •••• | •••• |
| 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 of Marjins Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 64% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 47% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Marjins are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Marjins Private Limited
Marjins Private Limited is audited by N K SATISH for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N K SATISH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Marjins Private Limited
Marjins has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavaraju Anjali Kumari Also directs: Dirtyl Innovation Labs Private Limited | Director | 19 Mar 2022 | 4 Years 6 Months | Current |
| Buvanahalli Sanjeeva Shetty Mallikarjuna | Director | 13 Jul 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of Marjins Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Marjins Private Limited
Marjins Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Marjins Private Limited
Marjins Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sri. Bhagyalakshmi Enterprises | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sri. Bhagyalakshmi Enterprises | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Marjins Private Limited
Marjins operates one associated brand: Marjins. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as an app-based B2B distribution platform for multi-category products. | marjins.com |
Competitors & Alternatives of Marjins Private Limited
Brands and companies operating in the same space as Marjins Private Limited include Flipkart, Nykaa, Myntra and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Flipkart | Multi-category consumer products are offered via an online marketplace platform. | Bengaluru, India | 2007 |
 Nykaa | Cosmetics, skincare, haircare, and wellness products are retailed online. | Mumbai, India | 2012 |
 Myntra | Fashion and lifestyle products are offered via an online marketplace. | Bengaluru, India | 2007 |
 Amazon | Multi-category products are offered through an online marketplace. | Seattle, United States | 1994 |
 Meesho | Sellers are connected with customers via multi-category e-commerce platform. | Bengaluru, India | 2015 |
 CityMall | Multi-category products are retailed online by CityMall. | Gurugram, India | 2019 |
 Snapdeal | Discounted products across multiple categories are sold online. | Gurugram, India | 2010 |
 ShopClues | Multi-category products are sold via an online marketplace platform. | Gurugram, India | 2011 |
 HyperPure | Food industry ingredients are supplied via a B2B platform. | Delhi, India | 2015 |
 Wish Shopping | Online marketplace platform offering multi-category consumer products | San Francisco, United States | 2009 |
Employees and EPFO Compliance at Marjins Private Limited
Marjins Private Limited has a workforce of 0 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Marjins Private Limited
Director changes at Marjins Private Limited
Marjins Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Anil Kumar Hanchyamallikarjuna was appointed as Director on 19 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Marjins Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Marjins Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Marjins Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Marjins Private Limited
Marjins has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM5633R1ZH | Karnataka | Active | 28 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Marjins Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Marjins Private Limited
Marjins is an active private limited company based in Mysore, Karnataka, India. The company works in online grocery platforms, within the e-commerce industry. It was incorporated on 13 July 2020 (6+ years old) and is registered under CIN U51909KA2020PTC135873.
Marjins reported revenue of ₹1.15 Cr for FY 2025 (down 90% YoY).
Marjins has 2 current directors:
- Basavaraju Anjali Kumari - Director
- Buvanahalli Sanjeeva Shetty Mallikarjuna - Director
Marjins reported a net profit of ₹54.25 Lakh (net margin 47%) and EBITDA of ₹73.85 Lakh (EBITDA margin 64%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marjins is -20% over three years. In the latest year (FY 2025) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marjins is 29AANCM5633R1ZH, registered in Karnataka. 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 Marjins is U51909KA2020PTC135873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marjins has 2 court cases on record: 2 filed against it. 1 is pending.
Marjins was incorporated on 13 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil Kumar Hanchyamallikarjuna was appointed as Director on 19 Mar 2022. Basavaraju Anjali Kumari was appointed as Director on 19 Mar 2022. Dodamane Mruthunjayappa Arjun ceased to be Director on 11 Jan 2022. Marjins has 6 board changes on record in total.