Marwet Oil Services Private Limited
About Marwet Oil Services Private Limited
Data last updated:
Marwet Oil Services Private Limited is a private limited company based in Khanapara, Meghalaya, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 12 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U50500ML2009PTC008380. Its GSTIN is 17AAGCM2861C2ZN (Meghalaya). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.09 Lakh. It is led by directors Haphibansuk Wankhar and Vikash Kumar Sogani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 9th Mile Baridua Raid Marwet (On NH – 37), Khanapara, Meghalaya, India – 793101.
As per the financials filed for FY 2022, the company reported a revenue of ₹53.18 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹13.37 Lakh (net margin -25.1%) and EBITDA of -₹1.69 Lakh (EBITDA margin -3.2%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹2.63 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Marwet Oil Services Private Limited's registered office is in Khanapara, Meghalaya. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9th Mile Baridua Raid Marwet (On NH – 37), Khanapara, Meghalaya, India – 793101
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Marwet Oil Services 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 Marwet Oil Services is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Marwet Oil Services Private Limited, buy the company report.
Financials of Marwet Oil Services Private Limited
FY 2022 filings availableMarwet Oil Services Private Limited reported revenue of ₹53.18 Lakh (down 83% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 83% fall in the latest year. EBITDA fell 115% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.69 Lakh | ||||
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| Net Profit (PAT) | -₹13.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -3.2% | ||||
| Net Profit Margin | -25.1% | ||||
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To see the full financial statements and ratios of Marwet Oil Services Private Limited, buy the company report.
Board of directors of Marwet Oil Services Private Limited
Marwet Oil Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haphibansuk Wankhar | Director | 06 Feb 2014 | 12 Years 9 Months | Current |
| Vikash Kumar Sogani Also directs: Kaliabhomora Service Station Private Limited | Director | 11 Aug 2014 | 12 Years 3 Months | Current |
Auditor
Marwet Oil Services Private Limited is audited by RAJESH KAGLIWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH KAGLIWAL | FY 2017 | 058843 |
Shareholding
The shareholding of Marwet Oil Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Marwet Oil Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2010 | 10230224 | Punjab National Bank | ₹2.63 Cr | Open |
To see the full charge records of Marwet Oil Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Marwet Oil Services Private Limited has 15 court cases on record: 12 filed by Marwet Oil Services, 3 filed against it. 5 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 5 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Assam | Interim or miscellaneous application | Filed by the company against Indian Oil Corporation Ltd. and 3 Ors. and 3 others | Disposed |
| High Court, Assam | Interim or miscellaneous application | Filed against the company by Indian Oil Corporation Ltd. and 3 Ors. and 2 others | Disposed |
| District court, Kamrup Metro, Assam | Appeal | Filed by the company against Indian Oil Corporation Ltd. | Disposed |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed by the company against Indian Oil Corporation Ltd. | Disposed |
| District court, Kamrup Metro, Assam | Civil suit | Filed by the company against Indian Oil Corporation Limited | Disposed |
To see the full case history of Marwet Oil Services 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 Marwet Oil Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marwet Oil Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 17AAGCM2861C2ZN | Meghalaya | Active | 31 Jan 2020 |
To see the full GST registrations and return filing status of Marwet Oil Services Private Limited, buy the company report.
Recent activity
Marwet Oil Services Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Sumit Kumar Sogani ceased to be Whole-Time Director on 11 Aug 2014.
Frequently asked questions
Marwet Oil Services is an active private limited company based in Khanapara, Meghalaya, India. The company works in retail trading, within the trading industry. It was incorporated on 12 October 2009 (17+ years old) and is registered under CIN U50500ML2009PTC008380.
Marwet Oil Services has 2 current directors:
- Haphibansuk Wankhar - Director
- Vikash Kumar Sogani - Director
The latest financial statements of Marwet Oil Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Marwet Oil Services is 17AAGCM2861C2ZN, registered in Meghalaya. 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 Marwet Oil Services is U50500ML2009PTC008380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marwet Oil Services has 15 court cases on record: 12 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Marwet Oil Services was incorporated on 12 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Guwahati.
Sumit Kumar Sogani ceased to be Whole-Time Director on 11 Aug 2014. Vikash Kumar Sogani was appointed as Director on 11 Aug 2014. Sweta Kumari Sogani ceased to be Additional Director on 04 Jul 2014. Marwet Oil Services has 7 board changes on record in total.
The registered office of Marwet Oil Services is at 9th Mile Baridua Raid Marwet On NH – 37, Khanapara, Meghalaya, India – 793101.
Marwet Oil Services operates in the trading industry, in the retail trading segment.
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