- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-09-0000590

About Marvel Industries & Services Private Limited
Data last updated:
Marvel Industries & Services Private Limited is a private limited company based in Delhi, India, a subsidiary of Avangarde Enterprises Private Limited. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 23 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24117DL1999PTC100799. Its GSTIN is 23AABCD0605L2Z3 (Madhya Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Dhingra Polychem Industries Pvt Ltd. It is led by directors including Puneeta Chawla and Sangeeta Chawla.
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 A – 40 Rajouri Garden, Delhi, India – 110027.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.91 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Cr (net margin 1.7%) and EBITDA of ₹6.14 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹32 Cr and satisfied charges of ₹20.01 Lakh on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 9 cases are pending.
Marvel Industries & Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-09-0000590). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marvel-industries.com.
Recognitions & Rankings of Marvel Industries & Services
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 40 Rajouri Garden, Delhi, India – 110027
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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 Industries & Services Private Limited
The main business activity of Marvel Industries & Services is manufacturing. In detail, this covers coke and refined petroleum products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum 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 Industries & Services Private Limited FY 2025 filings available
Marvel Industries & Services Private Limited reported revenue of ₹135.91 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Marvel Industries & Services Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 13% 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 Industries & Services 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 | ₹6.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.25 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 Industries & Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 Industries & Services 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 Industries & Services Private Limited
Marvel Industries & Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneeta Chawla Also directs: Retreats for Me Academy LLP, Nef9 Enterprises LLP, Negen Polysolutions Private Limited and 2 more | Director | 26 Nov 2009 | 16 Years 10 Months | Current |
| Sangeeta Chawla Also directs: Suave Enterprises Private Limited, Aaryan Mirai Industries LLP, Sharda Mirai Developers LLP and 5 more | Director | 04 Sep 2012 | 14 Years 1 Months | Current |
| Amit Sharma | Additional Director | 14 Nov 2025 | 0 Years 11 Months | Current |
Peer Comparison of Marvel Industries & Services Private Limited
Marvel Industries & Services Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ooms Avenhorn Holding India Private Limited | ₹145.87 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Gurgaon, Haryana, India |
| Goodway Chemicals Private Limited | ₹144.1 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Samarveer Auto & Lubes Private Limited | ₹144.04 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Delhi, India |
| Aarmonia Chemicals Private Limited | ₹141.3 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Gautami Oil N Chemicals Private Limited | ₹139.13 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kanpur, Uttar Pradesh, India |
| Marvel Industries & Services Private Limited this company | ₹135.91 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Choudhary Bitumen and Allied Products Private Limited | ₹134.92 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Malashian Lube Private Limited | ₹129.16 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Jaipur, Rajasthan, India |
| Raaj Unocal Lubricants Limited | ₹128.74 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Stanlubes and Specialities (India) Pvt Ltd | ₹128.69 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Avi-Oil India Private Limited | ₹128.13 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Marvel Industries & Services by revenue in the Chemicals industry (Petrochemicals), 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 Industries & Services Private Limited
Marvel Industries & Services Private Limited is audited by SHANTI PRASHAD & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHANTI PRASHAD & 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.
Ownership and Shareholding of Marvel Industries & Services 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 Industries & Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2023 | Others | ₹12 Cr | Open |
| 24 Jul 2019 | Standard Chartered Bank | ₹20 Cr | Open |
| 08 Sep 2021 | Hdfc Bank Limited | ₹20.01 Lakh | Satisfied |
| 25 Nov 2004 | Andhra Bank | ₹- | Satisfied |
| 30 Jun 2001 | Andhra Bank | ₹- | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Marvel Industries & Services Private Limited
Marvel Industries & Services Private Limited has 11 court cases on record: 7 filed by Marvel Industries & Services, 4 filed against it. 9 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 5 |
| NCLAT | 4 | 4 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Allure Polyplast Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Flexituff Technology International Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Gott Inter-Con Private Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Lalit Narware Ex-Director of Flexituff Technology International Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Lalit Narware Ex-Director of Flexituff Technology International Limited | Pending |
Full case history
All 11 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 Industries & Services Private Limited
Marvel Industries & Services Private Limited has a workforce of 0 employees as of Apr 07, 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 Industries & Services Private Limited
Marvel Industries & Services Private Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Amit Sharma was appointed as Additional Director on 14 Nov 2025.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Marvel Industries & Services 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 Industries & Services 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 Industries & Services 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 Industries & Services Private Limited
Marvel Industries & Services has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCD0605L2Z3 | Madhya Pradesh | Active | 01 Jul 2017 |
| 06AABCD0605L1Z0 | Haryana | Active | 01 Jul 2020 |
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 Industries & Services 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 Industries & Services Private Limited
Marvel Industries & Services is an active private limited company based in Delhi, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 23 July 1999 (27+ years old) and is registered under CIN U24117DL1999PTC100799.
Marvel Industries & Services reported revenue of ₹135.91 Cr for FY 2025 (down 3% YoY).
Marvel Industries & Services has 3 current directors:
- Puneeta Chawla - Director
- Sangeeta Chawla - Director
- Amit Sharma - Additional Director
Marvel Industries & Services reported a net profit of ₹2.25 Cr (net margin 1.7%) and EBITDA of ₹6.14 Cr (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marvel Industries & Services is 11% over three years and 28% over five years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marvel Industries & Services is 23AABCD0605L2Z3, registered in Madhya Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCD0605L1Z0 (Haryana).
The CIN (Corporate Identification Number) of Marvel Industries & Services is U24117DL1999PTC100799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Industries & Services has 11 court cases on record: 7 filed by the company and 4 filed against it. 9 are pending. Most are in the district courts.
Marvel Industries & Services was incorporated on 23 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Marvel Industries & Services by revenue are Ooms Avenhorn Holding India Private Limited, Goodway Chemicals Private Limited, Samarveer Auto & Lubes Private Limited, Aarmonia Chemicals Private Limited, Gautami Oil N Chemicals Private Limited and 5 more, all in the Chemicals industry (Petrochemicals).
Amit Sharma was appointed as Additional Director on 14 Nov 2025. Rajesh Sharma ceased to be Additional Director on 30 Nov 2021. Chetan Kumar Singh ceased to be Additional Director on 30 Sep 2017. Marvel Industries & Services has 9 board changes on record in total.