Surat Marathon
About Surat Marathon
Data last updated:
Surat Marathon is a private not for profit company based in Surat, Gujarat, India. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 20 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U92410GJ2012NPL070815.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Minesh Vastupal Shah (Whole-Time Director) and Ashok Jayantabhai Vasava (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Maharaja Agrasen Bhavan City Light Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.69 Lakh (net margin 48%) and EBITDA of ₹1.69 Lakh (EBITDA margin 48%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressMaharaja Agrasen Bhavan City Light Road, Surat, Gujarat, India – 395007
- IndustryEvents and Entertainment, Entertainment Venues & Properties
- 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
Financials of Surat Marathon FY 2021 filings available
Surat Marathon reported revenue of ₹3.52 Lakh (up 643% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Surat Marathon
Revenue has grown at a compounded annual rate (CAGR) of 102% over three years, including 643% growth 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 Surat Marathon
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹1.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.69 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 of Surat Marathon
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 48% | •••• | •••• | •••• | •••• |
| 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 Surat Marathon 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.
Peer Comparison of Surat Marathon
Surat Marathon is compared with the companies closest to it by revenue in the Events and Entertainment industry (Entertainment Venues). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Redo Entertainment Private Limited | ₹3.6 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Daman, Daman and Diu, India |
| Bigmonky Productions Private Limited | ₹3.6 Lakh (FY 2019) | •••• | •••• | 1100.0% | •••• | Bhubaneswar, Odisha, India |
| International Amusement Solutions Limited | ₹3.6 Lakh (FY 2017) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
| Charithra Environmental Solutions (OPC) Private Limited | ₹3.58 Lakh (FY 2025) | •••• | •••• | 3483.0% | •••• | Mukkali, Kerala, India |
| Milestone Film and Entertainment Private Limited | ₹3.54 Lakh (FY 2018) | •••• | •••• | 80.0% | •••• | Delhi, India |
| Surat Marathon this company | ₹3.52 Lakh (FY 2021) | •••• | •••• | 643.0% | •••• | Surat, Gujarat, India |
| 3 Color Cinemas Private Limited | ₹3.5 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| MHNL Records Private Limited | ₹3.5 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Bengaluru, Karnataka, India |
| Risee Entertainment Holdings Private Limited | ₹3.48 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
| Triaark Events Private Limited | ₹3.4 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Unifed Football Sports Development Private Limited | ₹3.4 Lakh (FY 2024) | •••• | •••• | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Surat Marathon by revenue in the Events and Entertainment industry (Entertainment Venues), 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 Surat Marathon
Surat Marathon is audited by NAIK VAYWALA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAIK VAYWALA & 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.
Board of Directors of Surat Marathon
Surat Marathon has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minesh Vastupal Shah | Whole-Time Director | 24 Apr 2021 | 5 Years 5 Months | Current |
| Ashok Jayantabhai Vasava | Whole-Time Director | 24 Apr 2021 | 5 Years 5 Months | Current |
Ownership and Shareholding of Surat Marathon
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 Surat Marathon
Surat Marathon does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Surat Marathon
Employment history and EPFO contributions of people linked to Surat Marathon.
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 Surat Marathon
Surat Marathon has 13 board changes on record since 2012: 2 appointments and 11 cessations. The latest: Denny Damodar Nirban ceased to be Director on 13 Nov 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Surat Marathon
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 Surat Marathon
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 Surat Marathon
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 Surat Marathon
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 Surat Marathon
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 Surat Marathon
Surat Marathon is an active private not for profit company based in Surat, Gujarat, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 20 June 2012 (14+ years old) and is registered under CIN U92410GJ2012NPL070815.
Surat Marathon reported revenue of ₹3.52 Lakh for FY 2021 (up 643% YoY).
Surat Marathon has 2 current directors:
- Minesh Vastupal Shah - Whole-Time Director
- Ashok Jayantabhai Vasava - Whole-Time Director
Surat Marathon reported a net profit of ₹1.69 Lakh (net margin 48%) and EBITDA of ₹1.69 Lakh (EBITDA margin 48%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Surat Marathon is 102% over three years. In the latest year (FY 2021) revenue rose 643%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Surat Marathon is U92410GJ2012NPL070815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surat Marathon was incorporated on 20 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Surat Marathon by revenue are Redo Entertainment Private Limited, Bigmonky Productions Private Limited, International Amusement Solutions Limited, Charithra Environmental Solutions (OPC) Private Limited, Milestone Film and Entertainment Private Limited and 5 more, all in the Events and Entertainment industry (Entertainment Venues).
Denny Damodar Nirban ceased to be Director on 13 Nov 2021. Hirenkumar Kishorkumar Devani ceased to be Director on 13 Nov 2021. Kailashchand Raghubirsingh Jain ceased to be Director on 13 Nov 2021. Surat Marathon has 13 board changes on record in total.
The registered office of Surat Marathon is at Maharaja Agrasen Bhavan City Light Road, Surat, Gujarat, India – 395007.
Surat Marathon has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.