Marvel Crafts Private Limited
About Marvel Crafts Private Limited
Data last updated:
Marvel Crafts Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been dissolved (liquidated) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 September 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51493DL2008PTC183779. Its GSTIN is 06AAFCM7437H1ZC (Haryana).
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.29 Cr. It was led by directors Ajay Bhasin and Vishal Bhasin.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at B – 117 Naraina Vihar, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2018, the company reported a revenue of ₹45.13 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹1.01 Cr (net margin -223.4%) and EBITDA of -₹58.61 Lakh (EBITDA margin -129.9%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
The company had about 6 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹7.5 Cr and satisfied charges of ₹12.04 Cr on record. Court records list 33 cases involving the company, including 10 filed by the company and 23 filed against it; 5 cases are pending.
Company details
Contact details
Marvel Crafts Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 117 Naraina Vihar, New Delhi, Delhi, India – 110028
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Marvel Crafts 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 Crafts is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Marvel Crafts Private Limited, buy the company report.
Financials of Marvel Crafts Private Limited
FY 2018 filings availableMarvel Crafts Private Limited reported revenue of ₹45.13 Lakh (down 87% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 87% fall in the latest year. EBITDA rose 83% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹45.13 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹58.61 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.01 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -129.9% | |||
| Net Profit Margin | -223.4% | |||
| 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 Crafts Private Limited, buy the company report.
Board of directors of Marvel Crafts Private Limited
Marvel Crafts has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Bhasin | Director | 26 Sep 2008 | 18 Years 0 Months | As last reported |
| Vishal Bhasin | Director | 26 Sep 2008 | 18 Years 0 Months | As last reported |
Peer comparison
Marvel Crafts Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Veda Finneblend Private Limited | ₹45.24 Lakh (FY 2022) | 357.0% | Coimbatore, Tamil Nadu, India | |||
| Risun Infotex Industries Private Limited | ₹45.21 Lakh (FY 2024) | 43.0% | Madurai, Tamil Nadu, India | |||
| Narayanpet Aarunya Handloom Handicrafts & Organics Producer Company Limited | ₹45.19 Lakh (FY 2023) | 39.0% | Mahabubnagar, Telangana, India | |||
| Marvel Crafts Private Limitedthis company | ₹45.13 Lakh (FY 2018) | -₹1.01 Cr | -223.4% | -87.0% | 6 | New Delhi, Delhi, India |
| Laj-Ids Exports Private Limited | ₹44.82 Lakh (FY 2019) | New Delhi, Delhi, India |
To see the full peer comparison of Marvel Crafts Private Limited, buy the company report.
Auditor
Marvel Crafts Private Limited is audited by OM & JASWANI for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OM & JASWANI | FY 2018 | 020956N |
Shareholding
The shareholding of Marvel Crafts Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Marvel Crafts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2015 | 10596736 | Indusind Bank Ltd. | ₹6.5 Cr | Open | |
| 12 Mar 2013 | 10411428 | Small Industries Development Bank of India | ₹1 Cr | Open | |
| 26 Feb 2011 | 10273102 | Hdfc Bank Limited | ₹4.53 Cr | Satisfied | |
| 02 Nov 2010 | 10250193 | Hdfc Bank Limited | ₹7.41 Cr | Satisfied | |
| 28 Jun 2010 | 10229671 | Canara Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Marvel Crafts Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Marvel Crafts Private Limited has 33 court cases on record: 10 filed by Marvel Crafts, 23 filed against it. 5 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 23 | 5 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Execution petition | Filed against the company by M/S Vardhman Expofab P Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by M/S Indusind Bank Ltd | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Ms C.T.C. Air Carriers Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ms Choice Clothing Company Pvt Ltd | Disposed |
To see the full case history of Marvel Crafts 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 Crafts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Marvel Crafts Private Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Marvel Crafts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCM7437H1ZC | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marvel Crafts Private Limited, buy the company report.
Recent activity
Marvel Crafts Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Ajay Bhasin was appointed as Director on 26 Sep 2008.
5 earlier events are in the company report.
Frequently asked questions
Marvel Crafts has been "Dissolved (Liquidated)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Marvel Crafts was a private limited company based in New Delhi, Delhi, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 26 September 2008 and is registered under CIN U51493DL2008PTC183779. The company is recorded as dissolved (liquidated) in MCA records and no longer exists as a legal entity.
Marvel Crafts was incorporated on 26 September 2008. It is registered with the Registrar of Companies, Delhi.
Marvel Crafts had 2 directors:
- Ajay Bhasin - Director
- Vishal Bhasin - Director
The CIN (Corporate Identification Number) of Marvel Crafts is U51493DL2008PTC183779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Marvel Crafts is at B – 117 Naraina Vihar, New Delhi, Delhi, India – 110028.
The latest financial statements of Marvel Crafts on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Marvel Crafts is 06AAFCM7437H1ZC, registered in Haryana.
Marvel Crafts operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Marvel Crafts by revenue are Veda Finneblend Private Limited, Risun Infotex Industries Private Limited, Narayanpet Aarunya Handloom Handicrafts & Organics Producer Company Limited, Laj-Ids Exports Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Marvel Crafts has 33 court cases on record: 10 filed by the company and 23 filed against it. 5 are pending.