About Marathalli Ventures Private Limited
Data last updated:
Marathalli Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Satchmo Holdings Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2007PTC044561. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.58 Cr. It was formerly known as Nitesh Boat Club Development Private Limited and Nitesh Boat Club Private Limited. It is led by directors including Subramanian Ananthanarayanan and Pradeep Narayan.
Its last annual general meeting (AGM) was held on 26 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.58 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹4 Lakh (net margin -2.5%) and EBITDA of -₹4 Lakh (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹185 Cr and satisfied charges of ₹277 Cr on record. Court records list 72 cases involving the company, including 21 filed by the company and 51 filed against it; 9 cases are pending. The company has 3 deals on record (2 acquisitions, 1 funding round), with disclosed funding of ₹23.68 Cr; the latest was in June 2015. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 1 smaller; the largest is Shailendra Builders Private Limited with revenue of ₹1.58 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 60 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nelholdings.in.
Company details
Name history
Marathalli Ventures has undergone 7 name changes throughout its history. The current legal name is Marathalli Ventures Private Limited.
| Company Name | Status |
|---|---|
| Marathalli Ventures Private Limited | Current |
| Nitesh Boat Club Development Private Limited | Previous |
| Nitesh Boat Club Private Limited | Previous |
| Nudpl Ventures Private Limited | Previous |
| Nitesh Urban Development Private Limited | Previous |
| Nel Urban Development Private Limited | Previous |
| Nudpl Enterprises Private Limited | Previous |
| Nudpl Private Limited | Previous |
Contact details
Marathalli Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is nelholdings.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 15/45 Level 1A 4th Cross, Halasuru Cambridge Road, Bangalore, Karnataka, India – 560008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Marathalli Ventures 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
Financials of Marathalli Ventures Private Limited
FY 2025 filings availableMarathalli Ventures Private Limited reported revenue of ₹1.58 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 31% growth in the latest year. EBITDA rose 99% 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 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 | -₹4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | ||||
| Net Profit Margin | -2.5% | ||||
| 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 Marathalli Ventures Private Limited, buy the company report.
Board of directors of Marathalli Ventures Private Limited
Marathalli Ventures has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Ananthanarayanan | Director | 08 Feb 2017 | 9 Years 9 Months | Current |
| Pradeep Narayan Also directs: Satchmo Foods Private Limited, Satchmo Services Private Limited | Director | 13 Feb 2019 | 7 Years 8 Months | Current |
| Lalgudi Saptharishi Vaidyanathan Also directs: Satchmo Holdings Limited, Nirpl Ventures Private Limited, Northroof Ventures Private Limited and 3 more | Director | 02 Sep 2009 | 17 Years 2 Months | Current |
| Kumar Nellore Gopalakrishna Also directs: Satchmo Holdings Limited, Northroof Ventures Private Limited | Director | 13 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Marathalli Ventures Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shailendra Builders Private Limited | ₹1.58 Cr (FY 2025) | 1157.0% | Agra, Uttar Pradesh, India | |||
| NDJ Colonisers Private Limited | ₹1.58 Cr (FY 2024) | 2179.0% | Noida, Uttar Pradesh, India | |||
| Raraa Ventures Private Limited | ₹1.58 Cr (FY 2025) | 77.0% | Delhi, India | |||
| Marathalli Ventures Private Limitedthis company | ₹1.58 Cr (FY 2025) | -₹4 Lakh | -2.5% | 31.0% | Bangalore, Karnataka, India | |
| Aspire Promoters Private Limited | ₹1.58 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Marathalli Ventures Private Limited, buy the company report.
Auditor
Marathalli Ventures Private Limited is audited by RAY & RAY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAY & RAY | FY 2023 | 301072E |
Shareholding
The shareholding of Marathalli Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marathalli Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2017 | 100133649 | Others | ₹185 Cr | Open | |
| 26 Apr 2016 | 100034053 | Yes Bank Limited | ₹160 Cr | Satisfied | |
| 03 Jun 2015 | 10578113 | Idbi Trusteeship Services Limited | ₹77 Cr | Satisfied | |
| 30 Mar 2012 | 10367605 | Bank of Baroda | ₹40 Cr | Satisfied |
To see the full charge records of Marathalli Ventures Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Marathalli Ventures Private Limited has 3 deals on record (2 acquisitions, 1 funding round), with disclosed funding of ₹23.68 Cr; the latest was in June 2015.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Acquisition | ₹95.63 Cr | Buyer: Nippon Life India Asset Management Limited |
| Sep 2011 | Acquisition | ₹1.8 Lakh | Buyer: Satchmo Holdings Limited Seller: an individual |
To see the full deal history of Marathalli Ventures 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
Marathalli Ventures Private Limited has 72 court cases on record: 21 filed by Marathalli Ventures, 51 filed against it. 9 cases are pending and 63 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 31 | 3 |
| High courts | 27 | 15 | 5 |
| Supreme Court | 7 | 4 | 1 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Vistra (Itcl) India Limited and 4 others | Pending |
| High Court, KARNATAKA | Arbitration matter | Filed against the company by Yes Bank Limited | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Satchmo Holdings Limited | Disposed |
| High Court | Court case (CRL.P) | Filed by the company against M/S Yes Bank Ltd and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Reserve Bank of India and 2 others | Disposed |
To see the full case history of Marathalli Ventures 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
Marathalli Ventures Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 60 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satchmo Holdings Limited | |||
| Total Solutions Intec Private Limited | |||
| Volition Business Solutions LLP | |||
| Sun Power Security and Detective Private Limited | |||
| Vistra Itcl (India) Limited |
To see the full MSME payment records of Marathalli Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Marathalli Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Marathalli Ventures Private Limited, buy the company report.
Recent activity
Marathalli Ventures Private Limited has 26 board changes on record since 2007: 15 appointments and 11 cessations. The latest: Rajeev Khanna ceased to be Director on 02 Aug 2024.
26 earlier events are in the company report.
News
Frequently asked questions
Marathalli Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 December 2007 (19+ years old) and is registered under CIN U45201KA2007PTC044561.
Marathalli Ventures has 4 current directors:
- Subramanian Ananthanarayanan - Director
- Pradeep Narayan - Director
- Lalgudi Saptharishi Vaidyanathan - Director
- Kumar Nellore Gopalakrishna - Director
The latest financial statements of Marathalli Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 June 2025. Year-wise statements from 2015 are in the company report.
No. Marathalli Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Marathalli Ventures is U45201KA2007PTC044561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marathalli Ventures has 72 court cases on record: 21 filed by the company and 51 filed against it. 9 are pending. Most are in the district courts.
Marathalli Ventures was incorporated on 04 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Marathalli Ventures has 3 deals on record (2 acquisitions, 1 funding round), with disclosed funding of ₹23.68 Cr; the latest was in June 2015.
The peers of Marathalli Ventures by revenue are Shailendra Builders Private Limited, NDJ Colonisers Private Limited, Raraa Ventures Private Limited, Aspire Promoters Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Rajeev Khanna ceased to be Director on 02 Aug 2024. Rajeev Khanna was appointed as Director on 21 Jun 2021. Dipali Khanna ceased to be Director on 15 Dec 2020. Marathalli Ventures has 26 board changes on record in total.
Marathalli Ventures has 12 MSME Form 1 returns on record between 2019 and 2023, listing 60 overdue payments to 8 micro and small suppliers. The latest return was filed on 08 Dec 2023.
Marathalli Ventures can be reached through the website nelholdings.in. Its registered office is in Bangalore, Karnataka, 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.
