About Marveledge Realtors Private Limited
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Marveledge Realtors Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Amif Re Investment Iv Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70101PN2008PTC131638. Its GSTIN is 27AAFCM4691M1ZV (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35.64 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 Pune, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹114.14 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net loss of ₹1.8 Cr (net margin -1.6%) and EBITDA of ₹99 Lakh (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
As per MCA filings, the company has satisfied charges of ₹640 Cr on record. Court records list 24 cases involving the company, including 8 filed by the company and 16 filed against it; 4 cases are pending. The company has 9 deals on record (7 funding rounds, 2 acquisitions), with disclosed funding of ₹108.07 Cr; the latest was in March 2017.
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
Marveledge Realtors 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 Survey No. 25/H Lane No.5 Koregaon Par, K, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Marveledge Realtors 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 Marveledge Realtors 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 Marveledge Realtors Private Limited, buy the company report.
Financials of Marveledge Realtors Private Limited
FY 2020 filings availableMarveledge Realtors Private Limited reported revenue of ₹114.14 Cr (up 137% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 137% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 87% 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 | ₹114.14 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹99 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.8 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 | 0.9% | ||
| Net Profit Margin | -1.6% | ||
| 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 Marveledge Realtors Private Limited, buy the company report.
Board of directors of Marveledge Realtors Private Limited
Marveledge Realtors has 2 current directors and 13 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 2008 | 18 Years 7 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
Marveledge Realtors 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 Marveledge Realtors Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Marveledge Realtors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2017 | 100146810 | Others | ₹240 Cr | Satisfied | |
| 27 Sep 2017 | 100127947 | Others | ₹15 Cr | Satisfied | |
| 10 Mar 2015 | 10553945 | Stci Finance Limited | ₹130 Cr | Satisfied | |
| 29 Oct 2013 | 10460683 | Capital First Limited | ₹130 Cr | Satisfied | |
| 07 Jun 2010 | 10225934 | Axis Bank Limited | ₹125 Cr | Satisfied |
To see the full charge records of Marveledge Realtors Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Marveledge Realtors Private Limited has 9 deals on record (7 funding rounds, 2 acquisitions), with disclosed funding of ₹108.07 Cr; the latest was in March 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Acquisition | Undisclosed | Buyer: an individual Seller: Sculptor Capital |
| Mar 2013 | Funding round | ₹25 Cr | Investors: Sculptor Capital, Marvel Landmarks Private Limited , an individual |
| Oct 2009 | Funding round | ₹32 Cr | Investors: Sculptor Capital, Marvel Landmarks Private Limited |
| Sep 2008 | Funding round | ₹2.49 Cr | Investors: Marvel Landmarks Private Limited |
| Mar 2008 | Funding round | ₹9.94 Cr | Investors: Marvel Landmarks Private Limited |
To see the full deal history of Marveledge Realtors 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
Marveledge Realtors Private Limited has 24 court cases on record: 8 filed by Marveledge Realtors, 16 filed against it. 4 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 5 | 1 |
| NCLAT | 5 | 5 | 0 |
| District courts | 3 | 3 | 3 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Amrith Cooling and Ventilation Systems Pvt. Ltd Through Prashant Rao | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Alfa Facade Systems Pvt Ltd | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Capital First Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Marveledge Realtors 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 Marveledge Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marveledge Realtors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM4691M1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marveledge Realtors Private Limited, buy the company report.
Recent activity
Marveledge Realtors Private Limited has 15 board changes on record since 2008: 2 appointments and 13 cessations. The latest: Gunvant Malleshi Kshatri ceased to be Director on 20 Dec 2024.
18 earlier events are in the company report.
News
Frequently asked questions
Marveledge Realtors 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 March 2008 (18+ years old) and is registered under CIN U70101PN2008PTC131638.
Marveledge Realtors has 2 current directors:
- Vishwajeet Subhash Jhavar - Director
- Azim Aziz Khan - Director
The latest financial statements of Marveledge Realtors 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 Marveledge Realtors is 27AAFCM4691M1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Marveledge Realtors is U70101PN2008PTC131638. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marveledge Realtors has 24 court cases on record: 8 filed by the company and 16 filed against it. 4 are pending. Most are in the high courts.
Marveledge Realtors was incorporated on 18 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Marveledge Realtors has 9 deals on record (7 funding rounds, 2 acquisitions), with disclosed funding of ₹108.07 Cr; the latest was in March 2017.
Gunvant Malleshi Kshatri ceased to be Director on 20 Dec 2024. Azim Aziz Khan was appointed as Director on 20 Mar 2019. David Craig Zeiden ceased to be Nominee Director on 27 Dec 2016. Marveledge Realtors has 15 board changes on record in total.
Marveledge Realtors can be reached through the website marvelrealtors.com. Its registered office is in Pune, Maharashtra, India.
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