About Marvel Indenting Private Limited
Data last updated:
Marvel Indenting Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 13 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65910GJ1987PTC009320. Its GSTIN is 24AABCM2824N1ZG (Gujarat).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹24.47 Lakh. It is led by directors including Kirit Harilal Shah (Managing Director) and Shital Chintan Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Universalhouse50 Kunjsocietyalkapuri, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.83 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹4.04 Cr (net margin 29.2%) and EBITDA of ₹6.41 Cr (EBITDA margin 46.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 15% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹50.08 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unigroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUniversalhouse50 Kunjsocietyalkapuri, Vadodara, Gujarat, India – 390007
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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 Indenting Private Limited
The main business activity of Marvel Indenting is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Indenting Private Limited FY 2025 filings available
Marvel Indenting Private Limited reported revenue of ₹13.83 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Marvel Indenting Private Limited
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 43% 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 Indenting Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.04 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 Indenting Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 29.2% | •••• | •••• | •••• | •••• |
| 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 Indenting 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.
Peer Comparison of Marvel Indenting Private Limited
Marvel Indenting Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Warner Exports Private Limited | ₹13.97 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Neptune Engineering Private Limited | ₹13.96 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Netzsch India Grinding & Dispersing Private Limited | ₹13.94 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Swastik Televentures Private Limited | ₹13.87 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | Khanna, Punjab, India |
| W R T Sales and Services Private Limited | ₹13.83 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| Marvel Indenting Private Limited this company | ₹13.83 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Vadodara, Gujarat, India |
| Hanuman Graphics Pvt.Ltd. | ₹13.81 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Air Master Equipments (India) Private Limited | ₹13.77 Cr (FY 2024) | •••• | •••• | 29.0% | •••• | Vellore, Tamil Nadu, India |
| Anmol Safety Products Private Limited | ₹13.72 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Shi Plastics Machinery India Private Limited | ₹13.69 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Gurugram, Haryana, India |
| Shree Vaishno Abrasives Private Limited | ₹13.63 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Marvel Indenting by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), 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 Indenting Private Limited
Marvel Indenting Private Limited is audited by Shah Shangvi & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shah Shangvi & Co. | 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.
Board of Directors of Marvel Indenting Private Limited
Marvel Indenting has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shital Chintan Shah | Director | 25 Mar 2008 | 18 Years 6 Months | Current |
| Manisha Abhijeet Zaveri | Director | 29 Sep 2001 | 25 Years 0 Months | Current |
| Kirit Harilal Shah Also directs: Unigroup Resources LLP, Wehear Innovations Private Limited, D.J. Shah Investment Finance Private Limited and 1 more | Managing Director | 13 Jan 1987 | 39 Years 8 Months | Current |
| Sweta Ashit Parikh Also directs: Unigroup Resources LLP | Director | 13 Nov 2001 | 24 Years 10 Months | Current |
| Tushar Harilal Shah | Director | 01 Sep 1991 | 35 Years 1 Months | Current |
| Bharti Kirit Shah | Director | 01 Sep 1991 | 35 Years 1 Months | Current |
Ownership and Shareholding of Marvel Indenting 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 Indenting Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2022 | Axis Bank Limited | ₹24.76 Cr | Open |
| 30 Jun 2022 | Axis Bank Limited | ₹25.32 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Marvel Indenting Private Limited
Marvel Indenting Private Limited has 9 court cases on record: 5 filed by Marvel Indenting, 2 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Civil suit | Filed by the company against Unitech Machines Limited | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Panchjanya Education and Research Trust | Disposed |
| High Court of Gujarat | Court case (CR.MA) | Company is another party | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Panchjanya Education Research Trust | Disposed |
Full case history
All 9 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 Indenting Private Limited
Employment history and EPFO contributions of people linked to Marvel Indenting.
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.
Group Structure of Marvel Indenting Private Limited
Marvel Indenting has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| D.J. Shah Investment Finance Private Limited | U65910GJ1983PTC006967 | Locked |
| Premier Solution Private Limited | U93000GJ2008PTC053827 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Marvel Indenting Private Limited
Marvel Indenting Private Limited has 8 board changes on record since 1987: 6 appointments and 2 cessations. The latest: Kirit Harilal Shah ceased to be Director on 20 Apr 2022.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Marvel Indenting 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 Indenting 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 Indenting 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 Indenting Private Limited
Marvel Indenting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM2824N1ZG | Gujarat | 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 Indenting 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 Indenting Private Limited
Marvel Indenting is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 13 January 1987 (39+ years old) and is registered under CIN U65910GJ1987PTC009320.
Marvel Indenting reported revenue of ₹13.83 Cr for FY 2025 (down 19% YoY).
Marvel Indenting has 6 current directors:
- Kirit Harilal Shah - Managing Director
- Shital Chintan Shah - Director
- Manisha Abhijeet Zaveri - Director
- Sweta Ashit Parikh - Director
- Tushar Harilal Shah - Director
- Bharti Kirit Shah - Director
Marvel Indenting reported a net profit of ₹4.04 Cr (net margin 29.2%) and EBITDA of ₹6.41 Cr (EBITDA margin 46.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marvel Indenting is 15% over three years and 15% over five years. In the latest year (FY 2025) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marvel Indenting is 24AABCM2824N1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Marvel Indenting is U65910GJ1987PTC009320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Indenting has 9 court cases on record: 5 filed by the company and 2 filed against it. Most are in the district courts.
Marvel Indenting was incorporated on 13 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Marvel Indenting by revenue are Warner Exports Private Limited, Neptune Engineering Private Limited, Netzsch India Grinding & Dispersing Private Limited, Swastik Televentures Private Limited, W R T Sales and Services Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Kirit Harilal Shah ceased to be Director on 20 Apr 2022. Shital Chintan Shah ceased to be Additional Director on 28 Aug 2008. Shital Chintan Shah was appointed as Director on 25 Mar 2008. Marvel Indenting has 8 board changes on record in total.