- 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.
Company details
Recognitions & Rankings of Marvel Industries & Services
Contact details
Marvel Industries & Services Private Limited's registered office is in Delhi, Delhi. Its website is marvel-industries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 40 Rajouri Garden, Delhi, India – 110027
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Marvel Industries & Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Marvel Industries & Services is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Marvel Industries & Services Private Limited, buy the company report.
Financials of Marvel Industries & Services Private Limited
FY 2025 filings availableMarvel Industries & Services Private Limited reported revenue of ₹135.91 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.14 Cr | ||||
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| Net Profit (PAT) | ₹2.25 Cr | ||||
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Financial Ratios
| 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% | ||||
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To see the full financial statements and ratios of Marvel Industries & Services Private Limited, buy the company report.
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
Marvel Industries & Services Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marvel Industries & Services Private Limitedthis company | ₹135.91 Cr (FY 2025) | ₹2.25 Cr | 1.7% | -3.0% | Delhi, 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 |
To see the full peer comparison of Marvel Industries & Services Private Limited, buy the company report.
Auditor
Marvel Industries & Services Private Limited is audited by SHANTI PRASHAD & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANTI PRASHAD & CO. | FY 2023 | 019923N |
Shareholding
The shareholding of Marvel Industries & Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marvel Industries & Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2023 | 100685988 | Others | ₹12 Cr | Open | |
| 24 Jul 2019 | 100279600 | Standard Chartered Bank | ₹20 Cr | Open | |
| 08 Sep 2021 | 100479534 | Hdfc Bank Limited | ₹20.01 Lakh | Satisfied | |
| 25 Nov 2004 | 90051080 | Andhra Bank | ₹- | Satisfied | |
| 30 Jun 2001 | 90048543 | Andhra Bank | ₹- | Satisfied |
To see the full charge records of Marvel Industries & Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
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.
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 Flexituff Technology International Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Allure Polyplast Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Lalit Narware Ex-Director of Flexituff Technology International Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Lalit Narware Ex-Director of Flexituff Technology International Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Gott Intercon P. Ltd. and Ors. and 3 others | Disposed |
To see the full case history of Marvel Industries & Services Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Marvel Industries & Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marvel Industries & Services Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
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 |
To see the full GST registrations and return filing status of Marvel Industries & Services Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Puneeta Chawla - Director
- Sangeeta Chawla - Director
- Amit Sharma - Additional Director
The latest financial statements of Marvel Industries & Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 Raaj Unocal Lubricants Limited, Stanlubes and Specialities (India) Pvt Ltd, Avi-Oil India Private Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products).
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.
Yes, Marvel Industries & Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-09-0000590).
Marvel Industries & Services can be reached through the website marvel-industries.com. Its registered office is in Delhi, India.