Marvel Hitech Limited - Company Profile

It is a chemicals and materials public limited company based in Ahmedabad, Gujarat, India, established in 1994.
1994 Ahmedabad, Gujarat, India Active
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About Marvel Hitech Limited

Marvel Hitech Limited, a active public limited company, was established on 30 May 1994 in Ahmedabad, Gujarat, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U24231GJ1994PLC022153. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹6.20 Cr and a paid-up capital of ₹2.07 Cr.

It upholds a compliant status. Its leadership includes Sandip Champaklal Shah (Managing Director), Champaklal Hiralal Shah (Director), Hetal Champaklal Shah (Whole-Time Director). Past directors included Ashokkumar Jasubhai Shah, Mukesh Mahendrabhai Shah, Dikul Shah. It holds no open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 401, Samruddhi, Opp. Sakar-3, Near Income-Tax Circle, Off Ashram Road,, Ahmedabad, Gujarat, 380009.

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

    +91-XXXXXXXXXX

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

Company Details

  • CIN/LLPIN

    U24231GJ1994PLC022153

  • Registration Number

    022153

  • Incorporation Date

    30 May 1994

  • Authorized Capital

    ₹6.20 Cr

  • Paid-Up Capital

    ₹2.07 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.20 Cr
  • Paid Up Capital ₹ 2.07 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth **** -40.13%
  • Profit Growth **** -73.21%
  • Ebitda **** 20.13%
  • Net Worth 0.10%
  • Total Assets **** 2.24%
Company report

Marvel Hitech Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Marvel Hitech 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 Hitech Limited?
Current Directors
Name Designation Appointment Date Status
Sandip Champaklal Shah Managing Director 30 May 1994 Current
Champaklal Hiralal Shah Director 30 May 1994 Current
Hetal Champaklal Shah Whole-Time Director 30 May 1994 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 24 Aug 2018 Past
Pramod Abcsdd Director 04 Feb 2015 Past
Pramod Abcsdd Director 24 Aug 2018 Past

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Financial Performance of Marvel Hitech.

Marvel Hitech Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 40.13% decrease. The company also saw a substantial fall in profitability, with a 73.21% decrease in profit. The company's net worth moved up by a moderate rise of 0.1%.

Marvel Hitech revenue growth over time
Marvel Hitech 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
********
 -40.13%
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*******
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Revenue from Operations
*******
 -95.67%
*******
*******
*******
*******
Total Assets
*******
 2.24%
*******
*******
*******
*******
Profit or Loss
*******
 -73.21%
*******
*******
*******
*******
Net Worth
*******
 0.10%
*******
*******
*******
*******
EBITDA
*******
 20.13%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Marvel Hitech?

In 2019, Marvel Hitech had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions
  • Dena Bank : 1.50 Cr
Latest Charge Details
Date Lender Amount Status
10 Jul 2009 Dena Bank ₹1.50 Cr Satisfied

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How Many Employees Work at Marvel Hitech?

Unlock and access historical data on people associated with Marvel Hitech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Hitech, 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 Hitech'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 Hitech
Recent Activity within the Organization
  • Annual General Meeting

    Marvel Hitech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Marvel Hitech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge registered on 10 Jul 2009 via Charge ID 10173536 with Dena Bank was fully satisfied on 17 Aug 2020. was documented.

  • Charges

    The activity A charge with Dena Bank of Rs. 1.50 Cr registered on 10 Jul 2009 with Charge ID 10173536 was modified on 19 Dec 2011. was completed.

  • Charges

    The activity A charge with Dena Bank amounted to Rs. 1.50 Cr with Charge ID 10173536 was registered on 10 Jul 2009. was completed.

  • Director Appointment

    The activity Sandip Champaklal Shah was appointed as a Managing Director was appointed as a Managing Director on 30 May 1994 & has been associated with this company since 31 years 8 months . was completed.

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

The CIN of Marvel Hitech Limited is U24231GJ1994PLC022153.

Where is Marvel Hitech Limited headquartered?

Marvel Hitech Limited is headquartered at 401, Samruddhi, Opp. Sakar-3, Near Income-Tax Circle, Off Ashram Road,, Ahmedabad, Gujarat, 380009.

When was Marvel Hitech Limited incorporated?

Marvel Hitech Limited was incorporated on 30 May 1994.

Who are the current directors of Marvel Hitech Limited?

The current directors of Marvel Hitech Limited are

What is the primary industry of Marvel Hitech Limited?

The primary industry of Marvel Hitech Limited is Trade.

Is Marvel Hitech Limited a listed company?

Marvel Hitech Limited is unlisted.

What is the capital structure of Marvel Hitech Limited?

The authorized capital of Marvel Hitech Limited is ₹6.20 Cr, and the paid-up capital is ₹2.07 Cr.

What is the compliance status of Marvel Hitech Limited?

The compliance status of Marvel Hitech Limited is Compliant.

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