About Marvel Zeta Developers Private Limited
Data last updated:
Marvel Zeta Developers Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Marvel Landmarks Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2010PTC136621. Its GSTIN is 27AAGCM6036K1Z7 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹10.12 Lakh. It is led by directors Vishwajeet Subhash Jhavar and Azim Aziz Khan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. 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 2017, the company reported a revenue of ₹24.52 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹21.83 Cr (net margin -89%) and EBITDA of -₹16.84 Cr (EBITDA margin -68.7%). Revenue has grown at a compounded annual rate (CAGR) of 188% over three years.
As per MCA filings, the company has open charges of ₹375 Cr and satisfied charges of ₹484.84 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 5 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹27.6 Cr; the latest was in August 2014.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website marvelrealtors.com.
Company details
Contact details
Marvel Zeta Developers 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 Zeta Developers 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 Zeta Developers 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 Zeta Developers Private Limited, buy the company report.
Financials of Marvel Zeta Developers Private Limited
FY 2020 filings availableMarvel Zeta Developers Private Limited reported revenue of ₹24.52 Cr (down 28% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 188%. EBITDA fell 133% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹24.52 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹16.84 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹21.83 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -68.7% | ||
| Net Profit Margin | -89% | ||
| 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 Zeta Developers Private Limited, buy the company report.
Board of directors of Marvel Zeta Developers Private Limited
Marvel Zeta Developers 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 |
|---|---|---|---|---|
| Vishwajeet Subhash Jhavar | Director | 18 Jun 2010 | 16 Years 4 Months | Current |
| 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 | Current |
Auditor
Marvel Zeta Developers Private Limited is audited by SHARAD SHAH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARAD SHAH & CO | FY 2017 | 109931W |
Shareholding
The shareholding of Marvel Zeta Developers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Marvel Zeta Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2017 | 100150622 | Others | ₹375 Cr | Open | |
| 29 Mar 2016 | 100025050 | Others | ₹240 Cr | Satisfied | |
| 10 Jul 2015 | 10586850 | Axis Bank Limited | ₹30 Cr | Satisfied | |
| 07 Aug 2014 | 10520365 | Idbi Trusteeship Services Limited | ₹150 Cr | Satisfied | |
| 26 Dec 2011 | 10337013 | Icici Prudential Asset Management Company Limited | ₹41.07 Cr | Satisfied |
To see the full charge records of Marvel Zeta Developers Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Marvel Zeta Developers Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹27.6 Cr; the latest was in August 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Secondary share transfer | Undisclosed | Seller: an individual |
| Aug 2011 | Funding round | ₹27.6 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Marvel Zeta Developers Private Limited has 12 court cases on record: 1 filed by Marvel Zeta Developers, 11 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 4 |
| High courts | 3 | 2 | 1 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by M/S. Sixth Element Advertising Pvt. Ltd. Through Abdul Latif Abdul Jabbar Shaikh | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by M/S Sixth Element Advertising Pvt Ltd Through Abdul Latif Abdul Jabbar Shaikh | Disposed |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by individuals | Pending |
To see the full case history of Marvel Zeta Developers 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 Zeta Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marvel Zeta Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM6036K1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marvel Zeta Developers Private Limited, buy the company report.
Recent activity
Marvel Zeta Developers Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Gunvant Malleshi Kshatri ceased to be Director on 20 Dec 2024.
11 earlier events are in the company report.
News
Frequently asked questions
Marvel Zeta Developers is an active 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 (16+ years old) and is registered under CIN U45200PN2010PTC136621.
Marvel Zeta Developers has 2 current directors:
- Vishwajeet Subhash Jhavar - Director
- Azim Aziz Khan - Director
The latest financial statements of Marvel Zeta Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Marvel Zeta Developers is 27AAGCM6036K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Marvel Zeta Developers is U45200PN2010PTC136621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvel Zeta Developers has 12 court cases on record: 1 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.
Marvel Zeta Developers was incorporated on 18 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Marvel Zeta Developers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹27.6 Cr; the latest was in August 2014.
Gunvant Malleshi Kshatri ceased to be Director on 20 Dec 2024. Vinay Vinayak Ambardekar ceased to be Nominee Director on 05 Dec 2019. Azim Aziz Khan was appointed as Director on 20 Mar 2019. Marvel Zeta Developers has 6 board changes on record in total.
Marvel Zeta Developers can be reached through the website marvelrealtors.com. Its registered office is in Pune, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
