Marvel Crafts Private Limited
About Marvel Crafts Private Limited
Data last updated:
Marvel Crafts Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 September 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51493DL2008PTC183779. Its GSTIN is 06AAFCM7437H1ZC (Haryana).
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.29 Cr. It was led by directors Ajay Bhasin and Vishal Bhasin.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at B – 117 Naraina Vihar, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2018, the company reported a revenue of ₹45.13 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹1.01 Cr (net margin -223.4%) and EBITDA of -₹58.61 Lakh (EBITDA margin -129.9%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
The company had about 6 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹7.5 Cr and satisfied charges of ₹12.04 Cr on record. Court records list 32 cases involving the company, including 10 filed by the company and 22 filed against it; 5 cases are pending.
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- Registered AddressB – 117 Naraina Vihar, New Delhi, Delhi, India – 110028
- IndustryManufacturing, Textile & Fabric Production
- 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 Marvel Crafts Private Limited
The main business activity of Marvel Crafts is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Marvel Crafts Private Limited FY 2018 filings available
Marvel Crafts Private Limited reported revenue of ₹45.13 Lakh (down 87% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Marvel Crafts Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 87% fall in the latest year. EBITDA rose 83% 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 Marvel Crafts Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹45.13 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹58.61 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.01 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 of Marvel Crafts Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -129.9% | •••• | •••• | •••• |
| Net Profit Margin | -223.4% | •••• | •••• | •••• |
| 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 Marvel Crafts are in the company report.
Financial statements from 2015
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.
Board of Directors of Marvel Crafts Private Limited
Marvel Crafts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Bhasin | Director | 26 Sep 2008 | 18 Years 0 Months | As last reported |
| Vishal Bhasin | Director | 26 Sep 2008 | 18 Years 0 Months | As last reported |
Peer Comparison of Marvel Crafts Private Limited
Marvel Crafts Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mandhana Fibre and Yarn Private Limited | ₹45.41 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Rajsthali Arts Private Limited | ₹45.36 Lakh (FY 2024) | •••• | •••• | 274.0% | •••• | Udaipur, Rajasthan, India |
| Veda Finneblend Private Limited | ₹45.24 Lakh (FY 2022) | •••• | •••• | 357.0% | •••• | Coimbatore, Tamil Nadu, India |
| Risun Infotex Industries Private Limited | ₹45.21 Lakh (FY 2024) | •••• | •••• | 43.0% | •••• | Madurai, Tamil Nadu, India |
| Narayanpet Aarunya Handloom Handicrafts & Organics Producer Company Limited | ₹45.19 Lakh (FY 2023) | •••• | •••• | 39.0% | •••• | Mahabubnagar, Telangana, India |
| Marvel Crafts Private Limited this company | ₹45.13 Lakh (FY 2018) | •••• | •••• | -87.0% | •••• | New Delhi, Delhi, India |
| Ajmera Textiles ( Bhilwara ) Private Limited | ₹44.99 Lakh (FY 2016) | •••• | •••• | 18.0% | •••• | Bhilwara, Rajasthan, India |
| Devina Organics Private Limited | ₹44.85 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Dadhimati Syntex Private Limited | ₹44.84 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Bhilwara, Rajasthan, India |
| Tenkaasi Podhigai Coir Consortium Private Limited | ₹44.82 Lakh (FY 2019) | •••• | •••• | 156.0% | •••• | Tenkasi, Tamil Nadu, India |
| Laj-Ids Exports Private Limited | ₹44.82 Lakh (FY 2019) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Marvel Crafts by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Marvel Crafts Private Limited
Marvel Crafts Private Limited is audited by OM & JASWANI for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| OM & JASWANI | 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.
Ownership and Shareholding of Marvel Crafts 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 Marvel Crafts Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2015 | Indusind Bank Ltd. | ₹6.5 Cr | Open |
| 12 Mar 2013 | Small Industries Development Bank of India | ₹1 Cr | Open |
| 26 Feb 2011 | Hdfc Bank Limited | ₹4.53 Cr | Satisfied |
| 02 Nov 2010 | Hdfc Bank Limited | ₹7.41 Cr | Satisfied |
| 28 Jun 2010 | Canara Bank | ₹10 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Marvel Crafts Private Limited
Marvel Crafts Private Limited has 32 court cases on record: 10 filed by Marvel Crafts, 22 filed against it. 5 cases are pending and 27 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 22 | 5 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Execution petition | Filed against the company by Vardhman Expofab Private Limited | Disposed |
| District court, North West, Delhi | Execution petition | Filed against the company by Vardhman Expofab Private Limited | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Indusind Bank Ltd. | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Choice Clothing Company Private Limited | Disposed |
Full case history
All 32 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.
Employees and EPFO Compliance at Marvel Crafts Private Limited
Marvel Crafts Private Limited has a workforce of 6 employees as of Apr 06, 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 Marvel Crafts Private Limited
Marvel Crafts Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Ajay Bhasin was appointed as Director on 26 Sep 2008.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Marvel Crafts 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 Marvel Crafts 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 Marvel Crafts 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 Marvel Crafts Private Limited
Marvel Crafts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCM7437H1ZC | Haryana | Active | 01 Jul 2017 |
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 Marvel Crafts 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 Marvel Crafts Private Limited
Marvel Crafts has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Marvel Crafts was a private limited company based in New Delhi, Delhi, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 26 September 2008 and is registered under CIN U51493DL2008PTC183779. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Marvel Crafts was incorporated on 26 September 2008. It is registered with the Registrar of Companies, Delhi.
Marvel Crafts had 2 directors:
- Ajay Bhasin - Director
- Vishal Bhasin - Director
The CIN (Corporate Identification Number) of Marvel Crafts is U51493DL2008PTC183779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Marvel Crafts is at B – 117 Naraina Vihar, New Delhi, Delhi, India – 110028.
Marvel Crafts reported revenue of ₹45.13 Lakh for FY 2018 (down 87% YoY).
Marvel Crafts has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.29 Cr.
Marvel Crafts reported a net loss of ₹1.01 Cr (net margin -223.4%) and EBITDA of -₹58.61 Lakh (EBITDA margin -129.9%) for FY 2018, as per its filed financial statements.
The GSTIN of Marvel Crafts is 06AAFCM7437H1ZC, registered in Haryana.
Marvel Crafts operated in the manufacturing industry, in the textile and fabric production segment.