Marsel Distributors Shahibag Ltd

Marsel Distributors Shahibag Ltd - business services in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U51909GJ1973PLC002402 Incorporated 12 October 1973 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Public Limited Company business services
Data last updated
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.5 Lakh
Issued & subscribed
Open charges
₹1.49 Cr
Secured borrowings
Company age
53 yrs
Est. 1973
Directors on board
4
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Marsel Distributors Shahibag Ltd

Data last updated:

Marsel Distributors Shahibag Ltd is a public limited company based in Vadodara, Gujarat, India. It operates in the facility management segment of the business services sector. It was incorporated on 12 October 1973 and has been in existence for over 53 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1973PLC002402. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Deepak Jethalal Desai and Jitendra Dahyalal Malavia.

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 Bombay Shopping Centrerace Course Circle, Vadodara, Gujarat, India – 390007.

As per MCA filings, the company has open charges of ₹1.49 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51909GJ1973PLC002402
Registration Number 002402
Incorporation Date 12 October 1973
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Marsel Distributors Shahibag Ltd's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Bombay Shopping Centrerace Course Circle, Vadodara, Gujarat, India – 390007
  • Industry
    Business Services, Facility Management

To see the full contact details of Marsel Distributors Shahibag Ltd, buy the company report.

Comprehensive company report
Marsel Distributors Shahibag Ltd - one report that includes everything
  • 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
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Financials of Marsel Distributors Shahibag Ltd

FY 2025 filings available

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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 Marsel Distributors Shahibag Ltd, buy the company report.

Board of directors of Marsel Distributors Shahibag Ltd

Marsel Distributors Shahibag has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak Jethalal DesaiDirector16 Jan 20188 Years 9 MonthsCurrent
Harsha Ashwinkumar VyasAdditional Director25 May 20215 Years 5 MonthsCurrent
Jitendra Dahyalal MalaviaDirector09 Sep 200422 Years 2 MonthsCurrent
Dipti Jitendra VajaniAdditional Director03 Sep 20251 Years 2 MonthsCurrent

Auditor

Marsel Distributors Shahibag Ltd is audited by SORAB S ENGINEER & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
SORAB S ENGINEER & COFY 2020110417W

Shareholding

The shareholding of Marsel Distributors Shahibag Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Marsel Distributors Shahibag Ltd, buy the company report.

Charges & borrowings

Open charges
₹1.49 Cr
Satisfied charges
None
Breakdown by lending institutions
First National City Bank₹0.99 Cr
Bank of Madura Ltd.₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Sep 199490111248First National City Bank₹99 LakhOpen
28 Nov 197790108172Bank of Madura Ltd.₹50 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Marsel Distributors Shahibag Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Marsel Distributors Shahibag has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Marsel Distributors Shahibag Ltd, buy the company report.

Recent activity

Marsel Distributors Shahibag Ltd has 11 board changes on record since 2004: 5 appointments and 6 cessations. The latest: Dipti Jitendra Vajani was appointed as Additional Director on 03 Sep 2025.

AGM
Marsel Distributors Shahibag Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Dipti Jitendra Vajani was appointed as Additional Director.
Filing
Marsel Distributors Shahibag Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ashwinbhai Kantilal Shah ceased to be Additional Director.
Appointed
Bhupendra Ramniklal Pandya was appointed as Additional Director.
Appointed
Harsha Ashwinkumar Vyas was appointed as Additional Director.
Ceased
Jitendra Dahyalal Malavia ceased to be Director.
Ceased
Bharat Bhogilal Shah ceased to be Director.
Ceased
Deepak Jethalal Desai ceased to be Additional Director.
Appointed
Deepak Jethalal Desai was appointed as Director.
Ceased
Harshkant Nandlal Udani ceased to be Additional Director.
Ceased
Mohan Kottaramadom Varma ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Marsel Distributors Shahibag is an active public limited company based in Vadodara, Gujarat, India. The company works in facility management, within the business services industry. It was incorporated on 12 October 1973 (53+ years old) and is registered under CIN U51909GJ1973PLC002402.

Marsel Distributors Shahibag has 4 current directors:

The latest financial statements of Marsel Distributors Shahibag on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Marsel Distributors Shahibag has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Marsel Distributors Shahibag is U51909GJ1973PLC002402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Marsel Distributors Shahibag was incorporated on 12 October 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Dipti Jitendra Vajani was appointed as Additional Director on 03 Sep 2025. Ashwinbhai Kantilal Shah ceased to be Additional Director on 24 Aug 2022. Bhupendra Ramniklal Pandya was appointed as Additional Director on 25 May 2021. Marsel Distributors Shahibag has 11 board changes on record in total.

The registered office of Marsel Distributors Shahibag is at Bombay Shopping Centrerace Course Circle, Vadodara, Gujarat, India – 390007.

Marsel Distributors Shahibag operates in the business services industry, in the facility management segment.

Marsel Distributors Shahibag has open charges of ₹1.49 Cr and no satisfied charges on record as per latest MCA filings.