India's Richest People 2026 edition · Source: Hurun India
Rank#1,608- Wealth
- ₹1,200 Cr
- Company
- Marathon Nextgen Realty
Current companies 27 active board seats
Past companies 25 historical roles
Total affiliations 52 Since Mar 1992
Shareholding value •••• Premium profile
About Chetan Ramniklal Shah
Data last updated:
Chetan Ramniklal Shah is a Director at Marathon Realty Private Limited (since 1994), Managing Director at Marathon Nextgen Realty Limited (since 2010) and Director at Terrapolis Assets Private Limited (since 2017), and holds 24 more current directorships. The companies operate in Real Estate and Construction, Infrastructure and Utilities and Construction. The 18 current companies with reported revenue have a combined latest revenue of ₹1,925 Cr; the largest is Marathon Realty Private Limited at ₹950 Cr (FY 2025). Earlier, Chetan Ramniklal Shah was a Director at Lark Consultancy Pvt Ltd (1992–2025) and Director at Nextgen City Energy Private Limited (2007–2015) and 23 more.
Chetan Ramniklal Shah and family are #1,608 among India's richest people (2026), with wealth of ₹1,200 Cr.
DIN 00135296
Primary Designation Director
Industry Real Estate and Construction
First Appointment 04 Mar 1992
Oldest Company Age 66 yrs
Largest company Marathon Realty Private Limited · ₹950 Cr (FY 2025)
Combined revenue ₹1,925 Cr across 18 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Marathon Realty Private Limited U70100MH1994PTC084037 | Director | 23 Dec 1994 | 1994 | ₹950 Cr (FY 2025) | Active |
 Marathon Nextgen Realty Limited L65990MH1978PLC020080 | Managing Director | 01 Jul 2010 | 1978 | ₹759 Cr (FY 2023) | Active |
 Terrapolis Assets Private Limited U20210MH1993PTC073697 | Director | 04 Mar 2017 | 1993 | ₹68.42 Cr (FY 2025) | Active |
| Swayam Realtors And Traders Llp AAB-0362 | Designated Partner | 25 Jul 2012 | 2012 | ₹38.40 Cr (FY 2021) | Active |
| Shree S S Infra Developers Private Limited U45309MH2021PTC370391 | Director | 27 Oct 2021 | 2021 | ₹37.18 Cr (FY 2025) | Active |
 Marathon Panvel Infrastructures Private Limited U45200MH2006PTC160346 | Director | 08 Mar 2006 | 2006 | ₹35.21 Cr (FY 2025) | Active |
| Matrix Waste Management Private Limited U74900MH2007PTC172715 | Director | 31 Jul 2007 | 2007 | ₹17.63 Cr (FY 2025) | Active |
| Columbia Chrome (India) Private Limited U81100MH1995PTC086069 | Director | 23 Jul 2004 | 1995 | ₹7.14 Cr (FY 2026) | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
| Lark Consultancy Pvt Ltd U74140MH1992PTC065728 | Director | 04 Mar 1992 | 1992 | ₹6.30 Cr (FY 2025) | Active |
| Nextgen City Energy Private Limited U40101MH2007PTC172709 | Director | 30 Jul 2007 | 2007 | Active | |
| Marathon Ventures Private Limited U74140MH2008PTC184581 | Director | 11 Jul 2008 | 2008 | ₹2.38 Cr (FY 2024) | Active |
| Marathon Nexzone Land Private Limited U45200MH2008PTC182636 | Director | 23 May 2008 | 2008 | Active | |
| Nextgen Buildcon Private Limited U45200MH2008PTC183129 | Director | 04 Jun 2008 | 2008 | ₹1.79 Cr (FY 2024) | Active |
 Sunset Spaces Private Limited U45202MH2008PTC183011 | Director | 31 May 2008 | 2008 | ₹29.9 Lakh (FY 2023) | Active |
| Marathon Nextgen Townships Private Limited U45203MH2008PTC183871 | Director | 23 Jun 2008 | 2008 | Amalgamated | |
| Sanvo Resorts Private Limited U55103MH2001PTC132675 | Director | 11 Aug 2006 | 2001 | ₹254 Cr (FY 2025) | Active |
| Makanaka Education Llp AAG-9203 | Designated Partner | 15 Jul 2016 | 2016 | Strike Off | |
| Swayam Realtors And Traders Limited U51909MH2004PLC148441 | Director | 17 Mar 2006 | 2004 | Converted To Llp | |
| Marathon It Infrastructure Private Limited U72900MH2007PTC172668 | Director | 28 Jul 2007 | 2007 | ₹62.69 Cr (FY 2016) | Amalgamated |
| Parmeka Private Limited U74999MH1995PTC086748 | Director | 30 Dec 2006 | 1995 | ₹191 Cr (FY 2016) | Amalgamated |
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Board colleagues of Chetan Ramniklal Shah
Directorship timeline
Open interactive timeline →Marathon Buildcon Llp
Marathon Construction Llp
Makanaka Education Llp
Shree S S Infra Developers Private Limited
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Shareholding and investment profile for Chetan Ramniklal Shah
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Frequently Asked Questions about Chetan Ramniklal Shah
Chetan Ramniklal Shah currently holds 27 directorships: Marathon Realty Private Limited (Director, since 23 Dec 1994, revenue ₹950 Cr (FY 2025)); Marathon Nextgen Realty Limited (Managing Director, since 01 Jul 2010, revenue ₹759 Cr (FY 2023)); Terrapolis Assets Private Limited (Director, since 04 Mar 2017, revenue ₹68.42 Cr (FY 2025)); Swayam Realtors And Traders Llp (Designated Partner, since 25 Jul 2012, revenue ₹38.40 Cr (FY 2021)); Shree S S Infra Developers Private Limited (Director, since 27 Oct 2021, revenue ₹37.18 Cr (FY 2025)); and 22 more.
Chetan Ramniklal Shah was first appointed on 04 Mar 1992 as Director at Lark Consultancy Pvt Ltd. The most recent appointment on record is 28 Dec 2022 at Dhamorama Infra Private Limited.
The 18 current companies of Chetan Ramniklal Shah that report revenue have a combined latest revenue of ₹1,925 Cr: Marathon Realty Private Limited ₹950 Cr (FY 2025); Marathon Nextgen Realty Limited ₹759 Cr (FY 2023); Terrapolis Assets Private Limited ₹68.42 Cr (FY 2025); Swayam Realtors And Traders Llp ₹38.40 Cr (FY 2021); Shree S S Infra Developers Private Limited ₹37.18 Cr (FY 2025); and 13 more.
Chetan Ramniklal Shah held 25 earlier board appointments: Lark Consultancy Pvt Ltd (Director, 04 Mar 1992 to 15 Sep 2025); Nextgen City Energy Private Limited (Director, 30 Jul 2007 to 27 Mar 2015); Marathon Ventures Private Limited (Director, 11 Jul 2008 to 26 Mar 2015); Marathon Nexzone Land Private Limited (Director, 23 May 2008 to 27 Mar 2015); Nextgen Buildcon Private Limited (Director, 04 Jun 2008 to 18 Nov 2022); and 20 more.
The current boards of Chetan Ramniklal Shah's companies include Mayur Ramniklal Shah (Marathon Realty Private Limited), Namita Tiwari (Marathon Realty Private Limited), Nilesh Dhankumar Dand (Marathon Realty Private Limited), Ashwin Mohanlal Thakker (Marathon Nextgen Realty Limited), Atul Jayantilal Mehta (Marathon Nextgen Realty Limited), Deepak Rameshchandra Shah (Marathon Nextgen Realty Limited), among others.