About Marvel Omega Builders Private Limited
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Marvel Omega Builders Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Marvel Realtors And Developers Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 June 2010.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2010PTC136620. Its GSTIN is 27AAGCM6006R1ZZ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹22.12 Lakh. It is led by directors including Vishwajeet Subhash Jhavar and Azim Aziz Khan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 301 – 302 Jewel Tower Lane No 5 Koregaon Park, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2016, the company reported a revenue of ₹35.63 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹4.42 Cr (net margin -12.4%) and EBITDA of ₹8.21 Cr (EBITDA margin 23.1%).
As per MCA filings, the company has open charges of ₹906 Cr and satisfied charges of ₹695 Cr on record. Court records list 48 cases involving the company, including 21 filed by the company and 27 filed against it; 18 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹19.4 Lakh; the latest was in March 2017.
The last known website on record is marvelrealtors.com.
Company details
Contact details
Marvel Omega Builders Private Limited's registered office is in Pune, Maharashtra. Its website is marvelrealtors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 – 302 Jewel Tower Lane No 5 Koregaon Park, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Marvel Omega Builders 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 Omega Builders is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Marvel Omega Builders Private Limited, buy the company report.
Financials of Marvel Omega Builders Private Limited
FY 2019 filings availableMarvel Omega Builders Private Limited reported revenue of ₹35.63 Cr (down 15% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹35.63 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹8.21 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.42 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 23.1% | |
| Net Profit Margin | -12.4% | |
| 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 | ||
To see the full financial statements and ratios of Marvel Omega Builders Private Limited, buy the company report.
Board of directors of Marvel Omega Builders Private Limited
Marvel Omega Builders has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwajeet Subhash Jhavar | Director | 18 Mar 2015 | 11 Years 7 Months | As last reported |
| Azim Aziz Khan Also directs: Pax Homes LLP, Marvel Precast Structures India LLP, Marvel Asta Constructions LLP and 5 more | Director | 20 Mar 2019 | 7 Years 7 Months | As last reported |
| Gunvant Malleshi Kshatri Also directs: Marvel Realtors and Developers Limited | Director | 20 Mar 2019 | 7 Years 7 Months | As last reported |
| Birendra Kumar Agrawal Also directs: Satya Proinvest and Trading Private Limited | Irp/Rp/Liquidator | 02 Dec 2024 | 1 Years 10 Months | As last reported |
Auditor
Marvel Omega Builders Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2016 | 117366W/W100018 |
Shareholding
The shareholding of Marvel Omega Builders Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Marvel Omega Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2021 | 100479475 | Others | ₹27 Cr | Open | |
| 27 Mar 2019 | 100255236 | Others | ₹151 Cr | Open | |
| 21 Feb 2019 | 100255227 | Others | ₹13 Cr | Open | |
| 01 Dec 2017 | 100150655 | Others | ₹375 Cr | Open | |
| 26 Sep 2017 | 100131954 | Others | ₹125 Cr | Open |
To see the full charge records of Marvel Omega Builders Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Marvel Omega Builders Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹19.4 Lakh; the latest was in March 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Marvel Realtors and Developers Limited Seller: Marvel Promoters & Developers (Pune) Private Limited |
| Oct 2014 | Rights issue | ₹13 Cr | Investors: Marvel Promoters & Developers (Pune) Private Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Marvel Promoters & Developers (Pune) Private Limited , Marvel Promoters & Developers (Pune) Private Limited & Vishwajeet Jhavar Seller: HDFC Asset Management Company Limited , Marvel Realtors and Developers Limited |
| May 2011 | Funding round | ₹19.4 Lakh | Investors: HDFC Asset Management Company Limited , Marvel Promoters & Developers (Pune) Private Limited , Marvel Realtors and Developers Limited |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: Marvel Promoters & Developers (Pune) Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Marvel Omega Builders Private Limited has 48 court cases on record: 21 filed by Marvel Omega Builders, 27 filed against it. 18 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 14 | 11 |
| High courts | 15 | 6 | 7 |
| Supreme Court | 8 | 1 | 0 |
| NCLAT | 5 | 5 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by JM Financial Asset Reconstruction Co. Ltd. | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Magnum Silk Mills Pvt. Ltd., Through Director, Mr. Parshotam Tulsiani and 1 other | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by M/S R M K Infrastructure Pvt Ltd | Pending |
| Supreme Court | Interim or miscellaneous application | Filed by the company against Morzaria Products LLP | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Goel Ganga Developments LLP and Ors | Disposed |
To see the full case history of Marvel Omega Builders 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 Omega Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marvel Omega Builders has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM6006R1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 29AAGCM6006R1ZV | Karnataka | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Marvel Omega Builders Private Limited, buy the company report.
Recent activity
Marvel Omega Builders Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Birendra Kumar Agrawal was appointed as Irp/Rp/Liquidator on 02 Dec 2024.
31 earlier events are in the company report.
News
Frequently asked questions
Marvel Omega Builders is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Marvel Omega Builders is a company under insolvency, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 June 2010 and is registered under CIN U45200PN2010PTC136620. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Marvel Omega Builders has 4 current directors:
- Vishwajeet Subhash Jhavar - Director
- Azim Aziz Khan - Director
- Gunvant Malleshi Kshatri - Director
- Birendra Kumar Agrawal - Irp/Rp/Liquidator
The latest financial statements of Marvel Omega Builders on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Marvel Omega Builders is U45200PN2010PTC136620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Omega Builders has open charges of ₹906 Cr and satisfied charges of ₹695 Cr as per latest MCA filings.
Marvel Omega Builders has 48 court cases on record: 21 filed by the company and 27 filed against it. 18 are pending. Most are in the district courts.
Marvel Omega Builders was incorporated on 18 June 2010. It is registered with the Registrar of Companies, Pune.
Marvel Omega Builders has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹19.4 Lakh; the latest was in March 2017.
Birendra Kumar Agrawal was appointed as Irp/Rp/Liquidator on 02 Dec 2024. Azim Aziz Khan was appointed as Director on 20 Mar 2019. Gunvant Malleshi Kshatri was appointed as Director on 20 Mar 2019. Marvel Omega Builders has 8 board changes on record in total.