About Maruti Bitumen Private Limited
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Maruti Bitumen Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 29 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23200GJ2009PTC058458. Its GSTIN is 24AAGCM2215E1Z1 (Gujarat). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors including Chaitanyakumar Dineshchandra Shah and Tej Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21 4th Floor '4 D' Square Opp. Government Engineering College, Ahmedabad, Gujarat, India – 380005.
As per the financials filed for FY 2025, the company reported a revenue of ₹278.27 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹5.02 Cr (net margin 1.8%) and EBITDA of ₹11.54 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 32% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maruti Bitumen. As per MCA filings, the company has open charges of ₹55.66 Cr and satisfied charges of ₹18.68 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 2 cases are pending. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹1.41 Cr; the latest was in March 2016. Its 3 peer companies in the Chemicals industry (Petrochemicals, Specialty Chemicals), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Oc Specialities Private Limited with revenue of ₹283.24 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marutigroup.in.
Company details
Contact details
Maruti Bitumen Private Limited's registered office is in Ahmedabad, Gujarat. Its website is marutigroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21 4th Floor '4 D' Square Opp. Government Engineering College, Ahmedabad, Gujarat, India – 380005
- IndustryChemicals and Materials, Petrochemicals & Derivatives, Specialty Chemicals
To see the full contact details of Maruti Bitumen 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
Brands
Maruti Bitumen operates one associated brand: Maruti Bitumen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies bitumen products and construction chemicals for construction projects. | marutigroup.in |
Business activity
The main business activity of Maruti Bitumen is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Maruti Bitumen Private Limited, buy the company report.
Financials of Maruti Bitumen Private Limited
FY 2024 filings availableMaruti Bitumen Private Limited reported revenue of ₹278.27 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA rose 6% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.54 Cr | ||||
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| Net Profit (PAT) | ₹5.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Maruti Bitumen Private Limited, buy the company report.
Board of directors of Maruti Bitumen Private Limited
Maruti Bitumen has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitanyakumar Dineshchandra Shah Also directs: MBPL Tradelink LLP | Director | 29 Oct 2009 | 17 Years 0 Months | Current |
| Tej Singh Also directs: MBPL Tradelink LLP | Director | 29 Oct 2009 | 17 Years 0 Months | Current |
| Sunita Chowdhary Also directs: MBPL Tradelink LLP, Hitkari and Swaraj Enterprises Private Limited | Director | 12 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Maruti Bitumen Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Petrochemicals, Specialty Chemicals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oc Specialities Private Limited | ₹283.24 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Chemi Tech Engineers Private Limited | ₹279.22 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Maruti Bitumen Private Limitedthis company | ₹278.27 Cr (FY 2025) | ₹5.02 Cr | 1.8% | -30.0% | 7 | Ahmedabad, Gujarat, India |
| Amit Petrolubes Private Limited | ₹277.83 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Maruti Bitumen Private Limited, buy the company report.
Auditor
Maruti Bitumen Private Limited is audited by DJNV & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DJNV & CO. | FY 2023 | 115145W |
Shareholding
The shareholding of Maruti Bitumen Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maruti Bitumen Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2024 | 100924678 | Hdfc Bank Limited | ₹26 Lakh | Open | |
| 05 Sep 2021 | 100489758 | Hdfc Bank Limited | ₹18.42 Lakh | Open | |
| 20 Apr 2021 | 100493526 | Hdfc Bank Limited | ₹18.47 Lakh | Open | |
| 04 Feb 2021 | 100446475 | Hdfc Bank Limited | ₹18.46 Lakh | Open | |
| 24 Jul 2020 | 100353936 | Indian Bank | ₹3.59 Cr | Open |
To see the full charge records of Maruti Bitumen Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Maruti Bitumen Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹1.41 Cr; the latest was in March 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2016 | Rights issue | ₹1.49 Cr | Investors: 3 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2010 | Funding round | ₹1.41 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maruti Bitumen Private Limited has 12 court cases on record: 6 filed by Maruti Bitumen, 6 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 1 |
| High courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against C P Arora Engineers Contractors Privatelimited | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
| District court, Sirohi, Rajasthan | Criminal case | Filed against the company by State | Disposed |
To see the full case history of Maruti Bitumen 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.
Credit ratings & regulatory alerts
Maruti Bitumen Private Limited was last rated by Crisil on 05 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Aug 2020 |
To see the full credit ratings and regulatory alerts of Maruti Bitumen Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maruti Bitumen Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maruti Bitumen Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Maruti Bitumen has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM2215E1Z1 | Gujarat | Active | 01 Jul 2017 |
| 08AAGCM2215E1ZV | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maruti Bitumen Private Limited, buy the company report.
Recent activity
Maruti Bitumen Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Sunita Chowdhary was appointed as Director on 12 Dec 2013.
23 earlier events are in the company report.
Frequently asked questions
Maruti Bitumen is an active private limited company based in Ahmedabad, Gujarat, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 29 October 2009 (17+ years old) and is registered under CIN U23200GJ2009PTC058458.
Maruti Bitumen has 3 current directors:
- Chaitanyakumar Dineshchandra Shah - Director
- Tej Singh - Director
- Sunita Chowdhary - Director
The latest financial statements of Maruti Bitumen on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maruti Bitumen is 24AAGCM2215E1Z1, registered in Gujarat. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAGCM2215E1ZV (Rajasthan).
The CIN (Corporate Identification Number) of Maruti Bitumen is U23200GJ2009PTC058458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Bitumen has 12 court cases on record: 6 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Maruti Bitumen was incorporated on 29 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Maruti Bitumen has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹1.41 Cr; the latest was in March 2016.
The peers of Maruti Bitumen by revenue are Oc Specialities Private Limited, Chemi Tech Engineers Private Limited, Amit Petrolubes Private Limited, all in the Chemicals industry (Petrochemicals, Specialty Chemicals), with the same principal business activity (wholesale trading).
Sunita Chowdhary was appointed as Director on 12 Dec 2013. Arvind Kumar Jain ceased to be Director on 05 Oct 2013. Ashok Kumar Doshi ceased to be Director on 05 Oct 2013. Maruti Bitumen has 6 board changes on record in total.
Maruti Bitumen can be reached through the website marutigroup.in. Its registered office is in Ahmedabad, Gujarat, India.
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