Marvel Thermosets Private Limited
About Marvel Thermosets Private Limited
Data last updated:
Marvel Thermosets Private Limited is a private limited company based in Raigad, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 26 April 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25205MH1973PTC016505. Its GSTIN is 27AAACM0688B1ZQ (Maharashtra).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Sneha Pradip Gupte and Swapnil Pradip Gupte.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Raigad, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.01 Lakh. For the same year it recorded a net loss of ₹31.21 Lakh (net margin -100.6%) and EBITDA of -₹29.33 Lakh (EBITDA margin -94.6%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 19% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹8.83 Cr on record. Court records list 31 cases involving the company, including 27 filed by the company and 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Marvel Thermosets Private Limited's registered office is in Raigad, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address197 198 215&216 Jawahar Co – Op Industrial Estate, Kamothe Panvel, Raigad, Maharashtra, India – 410209
- IndustryManufacturing, Plastic-Based Products, Plastic & Resins
To see the full contact details of Marvel Thermosets 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 Thermosets is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Marvel Thermosets Private Limited, buy the company report.
Financials of Marvel Thermosets Private Limited
FY 2024 filings availableMarvel Thermosets Private Limited reported revenue of ₹31.01 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years. EBITDA fell 129% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹29.33 Lakh | ||||
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| Net Profit (PAT) | -₹31.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -94.6% | ||||
| Net Profit Margin | -100.6% | ||||
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To see the full financial statements and ratios of Marvel Thermosets Private Limited, buy the company report.
Board of directors of Marvel Thermosets Private Limited
Marvel Thermosets has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sneha Pradip Gupte | Director | 14 Mar 2023 | 3 Years 7 Months | Current |
| Swapnil Pradip Gupte | Director | 06 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Marvel Thermosets Private Limited is audited by Krishna R. Moondra & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Krishna R. Moondra & Associates | FY 2022 | 114488W |
Shareholding
The shareholding of Marvel Thermosets Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marvel Thermosets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2008 | 10124439 | Union Bank of India | ₹75 Lakh | Satisfied | |
| 15 Nov 2006 | 10024902 | Union Bank of India | ₹80 Lakh | Satisfied | |
| 10 Dec 2004 | 90242603 | Union Bank of India | ₹3.75 Lakh | Satisfied | |
| 12 Dec 2002 | 90186965 | Union Bank of India | ₹20 Lakh | Satisfied | |
| 12 Dec 2002 | 90188890 | Union Bank of India | ₹3.21 Cr | Satisfied |
To see the full charge records of Marvel Thermosets Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Marvel Thermosets Private Limited has 31 court cases on record: 27 filed by Marvel Thermosets, 4 filed against it. 2 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 4 | 2 |
| High courts | 13 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against M - S Afcil Industries Ltd., and 2 others | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against M.P.Carbon Pvtltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Sumanjali Sands Pvt.Ltd. and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Shinewell Abrasives Pvt Ltd | Disposed |
To see the full case history of Marvel Thermosets 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 Thermosets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marvel Thermosets Private Limited has a workforce of 6 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Marvel Thermosets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM0688B1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marvel Thermosets Private Limited, buy the company report.
Recent activity
Marvel Thermosets Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Sneha Pradip Gupte ceased to be Additional Director on 29 Sep 2023.
54 earlier events are in the company report.
Frequently asked questions
Marvel Thermosets is an active private limited company based in Raigad, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 26 April 1973 (53+ years old) and is registered under CIN U25205MH1973PTC016505.
Marvel Thermosets has 2 current directors:
- Sneha Pradip Gupte - Director
- Swapnil Pradip Gupte - Director
The latest financial statements of Marvel Thermosets on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Marvel Thermosets is 27AAACM0688B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Marvel Thermosets is U25205MH1973PTC016505. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Thermosets has 31 court cases on record: 27 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Marvel Thermosets was incorporated on 26 April 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
Sneha Pradip Gupte ceased to be Additional Director on 29 Sep 2023. Sneha Pradip Gupte was appointed as Director on 14 Mar 2023. Vardhan Narendra Ketkar ceased to be Director on 14 Mar 2023. Marvel Thermosets has 9 board changes on record in total.
The registered office of Marvel Thermosets is at 197 198 215&216 Jawahar Co – Op Industrial Estate, Kamothe Panvel, Raigad, Maharashtra, India – 410209.
Marvel Thermosets operates in the manufacturing industry, in the plastic-based products segment.