- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0053117

Marvell Nutex Private Limited
About Marvell Nutex Private Limited
Data last updated:
Marvell Nutex Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 05 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2003PTC140748. Its GSTIN is 27AAACF8107E1ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Falguni Fashions Private Limited. It is led by directors Falguni Kaushik Mehta and Kaushik Mahendra Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹190.43 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Cr (net margin 1%) and EBITDA of ₹5.54 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.8 Cr and satisfied charges of ₹7.95 Cr on record.
Marvell Nutex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0053117). The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Marvell Nutex Private Limited
Marvell Nutex has one previous CIN (Corporate Identification Number): U18100MH2003PTC140748. The current CIN is U51100MH2003PTC140748, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH2003PTC140748 | Current |
| U18100MH2003PTC140748 | Previous |
Recognitions & Rankings of Marvell Nutex
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressH 9 Phase II M K T I, Turbhe, Thane, Maharashtra, India – 400705
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Marvell Nutex Private Limited
The main business activity of Marvell Nutex is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Marvell Nutex Private Limited FY 2025 filings available
Marvell Nutex Private Limited reported revenue of ₹190.43 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Marvell Nutex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 10% growth in the latest year. EBITDA rose 98% 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 of Marvell Nutex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.54 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.91 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 of Marvell Nutex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Marvell Nutex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Marvell Nutex Private Limited
Marvell Nutex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Falguni Kaushik Mehta Also directs: Future Vision Financial Advisors Private Limited | Director | 05 Jun 2003 | 23 Years 4 Months | Current |
| Kaushik Mahendra Mehta | Director | 05 Jun 2003 | 23 Years 4 Months | Current |
Peer Comparison of Marvell Nutex Private Limited
Marvell Nutex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gee Bee Securities Private Limited | ₹194.58 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Goshar Infra Projects Private Limited | ₹193.12 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Grow Max India Private Limited | ₹193.09 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Phonepe Insurance Broking Services Private Limited | ₹192.92 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Bengaluru, Karnataka, India |
| Helios Strategic Systems Limited | ₹191 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Chennai, Tamil Nadu, India |
| Marvell Nutex Private Limited this company | ₹190.43 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Thane, Maharashtra, India |
| Spread X Securities Private Limited | ₹187.23 Cr (FY 2025) | •••• | •••• | 252.0% | •••• | Ahmedabad, Gujarat, India |
| Chinoy Impex Private Limited | ₹186.37 Cr (FY 2025) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Rare Equity Private Limited | ₹185.55 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| P H Capital Limited Listed | ₹185.51 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Ubi Services Limited | ₹185.36 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Marvell Nutex by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Marvell Nutex Private Limited
Marvell Nutex Private Limited is audited by N R GALA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N R GALA AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Marvell Nutex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Marvell Nutex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2025 | Tjsb Sahakari Bank Limited | ₹6.3 Cr | Open |
| 04 Dec 2024 | Tjsb Sahakari Bank Limited | ₹3.55 Cr | Open |
| 04 Nov 2023 | Axis Bank Limited | ₹6.95 Cr | Open |
| 31 Aug 2012 | Others | ₹6.5 Cr | Satisfied |
| 31 Jan 2006 | Bank of Maharashtra | ₹1.3 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Marvell Nutex Private Limited
Marvell Nutex Private Limited has a workforce of 27 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Marvell Nutex Private Limited
Marvell Nutex Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Falguni Kaushik Mehta was appointed as Director on 05 Jun 2003.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Marvell Nutex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Marvell Nutex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Marvell Nutex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Marvell Nutex Private Limited
Marvell Nutex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF8107E1ZX | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Marvell Nutex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Marvell Nutex Private Limited
Marvell Nutex is an active private limited company based in Thane, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 05 June 2003 (23+ years old) and is registered under CIN U51100MH2003PTC140748.
Marvell Nutex reported revenue of ₹190.43 Cr for FY 2025 (up 10% YoY).
Marvell Nutex has 2 current directors:
- Falguni Kaushik Mehta - Director
- Kaushik Mahendra Mehta - Director
Marvell Nutex reported a net profit of ₹1.91 Cr (net margin 1%) and EBITDA of ₹5.54 Cr (EBITDA margin 2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Marvell Nutex is 12% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Marvell Nutex is 27AAACF8107E1ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Marvell Nutex is U51100MH2003PTC140748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marvell Nutex was incorporated on 05 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Marvell Nutex by revenue are Gee Bee Securities Private Limited, Goshar Infra Projects Private Limited, Grow Max India Private Limited, Phonepe Insurance Broking Services Private Limited, Helios Strategic Systems Limited and 5 more, all in the BFSI industry (Broking Services).
Falguni Kaushik Mehta was appointed as Director on 05 Jun 2003. Kaushik Mahendra Mehta was appointed as Director on 05 Jun 2003.
Yes, Marvell Nutex is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0053117).