Marvel Decor Limited - Company Profile

It is a home & lifestyle public limited company based in Jamnagar, Gujarat, India, established in 1996.
1996 Jamnagar, Gujarat, India Active
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About Marvel Decor Limited

Marvel Decor Limited, a active public limited company, was established on 04 October 1996 in Jamnagar, Gujarat, India. Engaging in home furnishings & accessories retail within the manufacturing sector, it holds CIN: L18109GJ1996PLC030870. Registered under ROC Roc Ahmedabad. it is listed on NSE: MDL. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹17.74 Cr.

Formerly known as Accumax Interior Products Private Limited, Marvel Decor Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹30.38 Cr and a net worth of ₹48.35 Cr. Employing 96 professional, Its leadership includes Urmi Ashok Paun (Cfo), Ashok Ramniklal Paun (Managing Director), Khwahish Paun (Director). Past directors included Pushpa Paun, Urmi Ashok Paun, Ashok Ramniklal Paun. It holds ₹20.96 Cr open charges and ₹44.76 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No 211 Gidc Phase Ii, Dared, Jamnagar, Gujarat, 361004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L18109GJ1996PLC030870

  • Registration Number

    030870

  • Incorporation Date

    04 October 1996

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹17.74 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (NSE: MDL)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.74 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 20.96 Cr
  • Satisfied Charges ₹ 44.76 Cr
  • Revenue Growth **** 9.18%
  • Profit Growth **** 6.56%
  • Ebitda **** -36.90%
  • Net Worth 2.33%
  • Total Assets **** 7.10%
Company report

Marvel Decor Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Marvel Decor Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Marvel Decor Limited?
Current Directors
Name Designation Appointment Date Status
Urmi Ashok Paun Cfo 24 Jan 2018 Current
Ashok Ramniklal Paun Managing Director 04 Oct 1996 Current
Khwahish Paun Director 12 Apr 2021 Current
Dipak Ramniklal Paun Director 01 Apr 2010 Current
Dhansukhbhai Jasmatbhai Devani Director 24 Jan 2018 Current
Dipti Dipak Paun Director 01 Apr 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Sep 2009 Past
Pramod Abcsdd Director 23 Jan 2018 Past
Pramod Abcsdd Director 24 Jan 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2021 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Marvel Decor.

Marvel Decor Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.18% increase. The company also saw a slight improvement in profitability, with a 6.56% increase in profit. The company's net worth moved up by a moderate rise of 2.33%.

Marvel Decor revenue growth over time
Marvel Decor profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 9.18%
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*******
*******
Revenue from Operations
*******
 6.25%
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*******
*******
Total Assets
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 7.10%
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*******
*******
*******
Profit or Loss
*******
 6.56%
*******
*******
*******
*******
Net Worth
*******
 2.33%
*******
*******
*******
*******
EBITDA
*******
 -36.90%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Marvel Decor?

In 2023, Marvel Decor had a promoter holding of 72.91% and a public holding of 27.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹209,631,927.00

Satisfied Charges

₹447,594,134.00

Charges Breakdown by Lending Institutions
  • Others : 20.00 Cr
  • Hdfc Bank Limited : 0.96 Cr
Latest Charge Details
Date Lender Amount Status
21 Oct 2024 Others ₹20.00 Cr Open
10 Oct 2024 Hdfc Bank Limited ₹5.64 M Open
02 May 2022 Hdfc Bank Limited ₹4.00 M Open
16 Nov 2023 Hdfc Bank Limited ₹0.90 M Satisfied
06 Dec 2022 Others ₹1.15 M Satisfied

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How Many Employees Work at Marvel Decor?

Marvel Decor has a workforce of 96 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marvel Decor, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Marvel Decor's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Marvel Decor
Recent Activity within the Organization
  • Charges

    A charge registered on 06 Dec 2022 via Charge ID 100667134 with Others was fully satisfied on 03 Oct 2025. was recorded as a recent event.

  • Annual General Meeting

    Marvel Decor Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Marvel Decor Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 20.00 Cr registered on 21 Oct 2024 with Charge ID 100992141 was modified on 13 Dec 2024. was completed.

  • Charges

    Progress on A charge registered on 16 Nov 2023 via Charge ID 100820566 with Hdfc Bank Limited was fully satisfied on 11 Dec 2024. was documented.

  • Charges

    Progress on A charge registered on 02 Aug 2022 via Charge ID 100603109 with Others was fully satisfied on 06 Nov 2024. was documented.

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Frequently Asked Questions
What is the CIN of Marvel Decor Limited?

The CIN of Marvel Decor Limited is L18109GJ1996PLC030870.

Where is Marvel Decor Limited headquartered?

Marvel Decor Limited is headquartered at Plot No 211 Gidc Phase Ii, Dared, Jamnagar, Gujarat, 361004.

When was Marvel Decor Limited incorporated?

Marvel Decor Limited was incorporated on 04 October 1996.

Who are the current directors of Marvel Decor Limited?

The current directors of Marvel Decor Limited are

What is the primary industry of Marvel Decor Limited?

The primary industry of Marvel Decor Limited is Manufacturing.

Is Marvel Decor Limited a listed company?

Marvel Decor Limited is listed. It is listed on NSE: MDL.

What is the capital structure of Marvel Decor Limited?

The authorized capital of Marvel Decor Limited is ₹20.00 Cr, and the paid-up capital is ₹17.74 Cr.

What is the compliance status of Marvel Decor Limited?

The compliance status of Marvel Decor Limited is Compliant.

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