About Marvel Decor Limited
Data last updated: 15 July 2026
Marvel Decor Limited is a public limited company based in Jamnagar, Gujarat, India. It specialises in home furnishings and accessories retail, a part of the broader home and lifestyle products sector. Incorporated on 04 October 1996, the company has been in operation for over 30 years.
Registered with ROC Ahmedabad under CIN L18109GJ1996PLC030870. Listed on NSE: MDL.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.74 Cr. Formerly known as Accumax Interior Products Private Limited and Marvel Decor Private Limited. It is led by directors including Dipti Paun and Urmi Ashok Paun.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No 211 Gidc Phase Ii Dared, Jamnagar, Gujarat, India – 361004.
As per the financials filed for FY 2023, the company reported a revenue of ₹30.38 Cr, a growth of 9.18% compared to the previous year.
The company has a workforce of approximately 96 employees as per the latest available data.
The company is associated with 1 brand - Marvel Decor. As per MCA filings, the company has open charges of ₹20.56 Cr and satisfied charges of ₹45.16 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marvellifestyle.com.
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Registered AddressPlot No 211 Gidc Phase Ii Dared, Jamnagar, Gujarat, India – 361004
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IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Marvel Decor Limited
Marvel Decor Limited has undergone 2 name changes throughout its history. The company was previously known as Accumax Interior Products Private Limited, and Marvel Decor Private Limited. The current legal name is Marvel Decor Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Marvel Decor Limited | Current |
| Accumax Interior Products Private Limited | Previous |
| Marvel Decor Private Limited | Previous |
CIN History of Marvel Decor Limited
Marvel Decor Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L18109GJ1996PLC030870, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18109GJ1996PLC030870 | Current |
| U18109GJ1996PLC030870 | Previous |
| U18109GJ1996PTC030870 | Previous |
Associated Brands with Marvel Decor Limited
Marvel Decor Limited operates one associated brand: Marvel Decor. These brands represent Marvel Decor Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Home interior products including blinds and curtain rods are supplied. | marvellifestyle.com |
Competitors & Alternatives of Marvel Decor Limited
Brands and companies operating in the same space as Marvel Decor Limited include Armstrong World Industries, EGGER, LIXIL and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Armstrong World Industries
|
Provider of ceiling and wall solutions for commercial and residential spaces | Lancaster, United States, United States | 1860 |
EGGER
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Home decor and furniture products are manufactured by EGGER. | Tirol, Austria, Austria | 1961 |
LIXIL
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Manufacturer of exterior & interior building materials, and construction management services | Koto City, Japan, Japan | 1949 |
JuuNoo
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Glass walls, windows, and doors are manufactured by JuuNoo. | Harelbeke, Belgium, Belgium | 2017 |
Hardware Resources
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Products for kitchen cabinets, baths, and closets are manufactured. | Bossier City, United States, United States | 1989 |
Alpen High Performance Products
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High-performance windows, doors, and architectural glass are manufactured. | Niwot, United States, United States | 1986 |
ROCA Industry
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Glass fittings, smoke ventilations, and building materials are manufactured. | Tyreso, Sweden, Sweden | 1976 |
Kronospan
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Flooring, wall panels, and other interior building materials are manufactured. | Eastaboga, United States, United States | 1897 |
Zhongzhuang Speed Matching
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Provider of tile floor, door & window lock, paint switch, and bathroom ceilings services | Xiamen, China, China | 2015 |
Wickes
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Supplier of construction products | Watford, United Kingdom, United Kingdom | 1972 |
Business Activity of Marvel Decor Limited
Marvel Decor Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Textile, leather and other apparel products | Locked |
Detailed business activity records for Marvel Decor Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Marvel Decor Limited
Marvel Decor Limited is audited by R. B. Gohil & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. B. Gohil & Co. | Locked | Locked | Locked |
Complete auditor history for Marvel Decor Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Marvel Decor Limited
Marvel Decor Limited is currently managed by 8 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipti Paun | Director | 01 Apr 2010 | 16 Years 3 Months | Current |
| Urmi Ashok Paun | Director | 07 Oct 2000 | 25 Years 9 Months | Current |
| Rajesh Jivanlal Morzaria | Director | 24 Jan 2018 | 8 Years 6 Months | Current |
| Ashok Ramniklal Paun | Managing Director | 04 Oct 1996 | 29 Years 9 Months | Current |
| Dipak Ramniklal Paun | Director | 01 Apr 2010 | 16 Years 3 Months | Current |
| Khwahish Paun | Director | 12 Apr 2021 | 5 Years 3 Months | Current |
Financials of Marvel Decor Limited FY 2025 filings available
Marvel Decor Limited reported revenue of ₹30.38 Cr (up 9.18% YoY) for FY 2023.
Ten-year financial statements for Marvel Decor Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Marvel Decor Limited
Shareholding and ownership data for Marvel Decor Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Marvel Decor Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | Others | ₹20 Cr | Open |
| 10 Oct 2024 | Hdfc Bank Limited | ₹56.37 Lakh | Open |
| 16 Nov 2023 | Hdfc Bank Limited | ₹8.96 Lakh | Satisfied |
| 06 Dec 2022 | Others | ₹11.5 Lakh | Satisfied |
| 02 Aug 2022 | Others | ₹15.95 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Marvel Decor Limited
Marvel Decor Limited has a workforce of 96 employees as of Apr 05, 2024.
Employee and EPFO history for Marvel Decor Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Marvel Decor Limited
GST registrations and filing compliance for Marvel Decor Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Marvel Decor Limited
Credit ratings, litigation, and regulatory alerts for Marvel Decor Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Decor Limited
MSME payment history for Marvel Decor Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- 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 Decor Limited
Corporate group structure for Marvel Decor Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Marvel Decor Limited
MCA filings and documents for Marvel Decor Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Marvel Decor Limited
Frequently Asked Questions about Marvel Decor Limited
Marvel Decor Limited is an active public limited company in the home and lifestyle sector based in Jamnagar, Gujarat, India. It was incorporated on 04 October 1996 (30+ years old) and is registered under CIN L18109GJ1996PLC030870. Listed on NSE: MDL. The company has 96 employees.
Marvel Decor Limited reported revenue of ₹30.38 Cr for FY 2023 (up 9.18% YoY).
The current directors of Marvel Decor Limited are:
- Dipti Paun - Director
- Urmi Ashok Paun - Director
- Rajesh Jivanlal Morzaria - Director
- Ashok Ramniklal Paun - Managing Director
- Dipak Ramniklal Paun - Director
- Khwahish Paun - Director
- Dhiren Mansukh Shah - Director
- Dhansukhbhai Jasmatbhai Devani - Director
The primary industry of Marvel Decor Limited is home and lifestyle. The company specifically operates in home furnishings and accessories retail. The company is currently active in this sector.
Yes. Marvel Decor Limited is listed on NSE with symbol MDL.
Marvel Decor Limited can be reached at the registered office: Plot No 211 Gidc Phase Ii Dared, Jamnagar, Gujarat, India – 361004, or through the website marvellifestyle.com.