About Marvel Promoters & Developers (Pune) Private Limited
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Marvel Promoters & Developers (Pune) Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 July 2007.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2007PTC130439. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.47 Lakh. It was led by directors Mahesh Bansilal Laddha and Vishwajeet Subhash Jhavar.
Its last annual general meeting (AGM) was held on 27 November 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Office No. 301 – 302 Jewel Tower Lane No. 5 Koregaon Park, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2015, the company reported a revenue of ₹122.12 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹10.72 Cr (net margin 8.8%) and EBITDA of ₹27.34 Cr (EBITDA margin 22.4%).
Its group structure included 3 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹558.79 Cr on record. Court records list 24 cases involving the company, including 8 filed by the company and 16 filed against it; 5 cases are pending. The company has 11 deals on record (8 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹11 Cr; the latest was in July 2015.
The last known website on record is marvelrealtors.com.
Company details
Contact details
Marvel Promoters & Developers (Pune) 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 AddressOffice No. 301 – 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 Promoters & Developers (Pune) 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 Promoters & Developers (Pune) 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 Promoters & Developers (Pune) Private Limited, buy the company report.
Financials of Marvel Promoters & Developers (Pune) Private Limited
FY 2015 filings availableMarvel Promoters & Developers (Pune) Private Limited reported revenue of ₹122.12 Cr (up 44% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 44% in the latest year. EBITDA rose 127% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹122.12 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹27.34 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹10.72 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 22.4% |
| Net Profit Margin | 8.8% |
| 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 Promoters & Developers (Pune) Private Limited, buy the company report.
Board of directors of Marvel Promoters & Developers (Pune) Private Limited
Marvel Promoters & Developers (Pune) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Bansilal Laddha Also directs: Eos Homes LLP, Aineo Homes LLP | Director | 12 Jul 2007 | 19 Years 3 Months | As last reported |
| Vishwajeet Subhash Jhavar | Director | 29 Oct 2013 | 12 Years 11 Months | As last reported |
Auditor
Marvel Promoters & Developers (Pune) Private Limited is audited by Deloitte Haskins & Sells.LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells.LLP | FY 2015 |
Shareholding
The shareholding of Marvel Promoters & Developers (Pune) Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Marvel Promoters & Developers (Pune) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2014 | 10526684 | Jm Financial Products Limited | ₹100 Cr | Satisfied | |
| 23 Aug 2014 | 10516786 | Icici Bank Limited | ₹7 Cr | Satisfied | |
| 13 Jun 2014 | 10509113 | Idbi Trusteeship Services Limited | ₹108 Cr | Satisfied | |
| 13 Mar 2014 | 10486072 | Axis Bank Limited | ₹20 Cr | Satisfied | |
| 06 Jun 2013 | 10433980 | L&T Housing Finance Limited | ₹6 Cr | Satisfied |
To see the full charge records of Marvel Promoters & Developers (Pune) Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Marvel Promoters & Developers (Pune) Private Limited has 11 deals on record (8 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹11 Cr; the latest was in July 2015.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2015 | Rights issue | ₹5 Cr | Investors: 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Prashant Ferrex Private Limited , Mahansaria Enterprises Private Limited , CRM Holdings Private Limited , an individual Seller: Icici Prudential Venture Capital Fund Real Estate Scheme I |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Gagan Landmarks Private Limited |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Marvel Promoters & Developers (Pune) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Marvel Promoters & Developers (Pune) Private Limited has 24 court cases on record: 8 filed by Marvel Promoters & Developers (Pune), 16 filed against it. 5 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 6 | 0 |
| District courts | 11 | 9 | 5 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (R.C.A.) | Filed by the company against Optimal Corporate Services Pvt.Ltd.Through Sanjay Gaikwad and 7 others | Pending |
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Optimal Corporate Services Pvt. Ltd Through Sanjay Gaikwad | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by VSJ Investments Private Limited Through Pawan Chhangani | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by KRC Infrastructure and Projects Private Limited THR. Gaurav Mehta | Disposed |
| High Court | Writ petition | Filed against the company by Gera Developments Pvt Ltd Through Its Ceo Mr Gulzar Malhotra and 1 other | Disposed |
To see the full case history of Marvel Promoters & Developers (Pune) 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 Promoters & Developers (Pune) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Marvel Promoters & Developers (Pune) has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Marvel Sigma Homes Private Limited | U45200PN2010PTC136619 | |
| Marvel Omega Builders Private Limited | U45200PN2010PTC136620 | |
| Marvel Dreamland Homes Private Limited | U45200PN2012PTC143189 |
To see the full group structure of Marvel Promoters & Developers (Pune) Private Limited, buy the company report.
GST
Marvel Promoters & Developers (Pune) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Marvel Promoters & Developers (Pune) Private Limited, buy the company report.
Recent activity
Marvel Promoters & Developers (Pune) Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Ankush Kamul Seth ceased to be Director on 10 Sep 2016.
37 earlier events are in the company report.
News
Frequently asked questions
Marvel Promoters & Developers (Pune) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Marvel Promoters & Developers (Pune) was a private limited company based in Pune, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 July 2007 and is registered under CIN U45200PN2007PTC130439. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Marvel Promoters & Developers (Pune) was incorporated on 11 July 2007. It is registered with the Registrar of Companies, Pune.
Marvel Promoters & Developers (Pune) had 2 directors:
- Mahesh Bansilal Laddha - Director
- Vishwajeet Subhash Jhavar - Director
The CIN (Corporate Identification Number) of Marvel Promoters & Developers (Pune) is U45200PN2007PTC130439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Marvel Promoters & Developers (Pune) is at Office No. 301 – 302 Jewel Tower Lane No. 5 Koregaon Park, Pune, Maharashtra, India – 411001.
Marvel Promoters & Developers (Pune) can be reached through the website marvelrealtors.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Marvel Promoters & Developers (Pune) on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 27 November 2015. Year-wise statements from 2015 are in the company report.
No. Marvel Promoters & Developers (Pune) has 2 GST registrations on record and all of them are cancelled or inactive.
Marvel Promoters & Developers (Pune) operated in the real estate and construction industry, in the real estate builders and developers segment.