India's Richest People 2026 edition · Source: Hurun India
Rank#1,608- Wealth
- ₹1,200 Cr
- Company
- Marathon Nextgen Realty
Current companies 20 active board seats
Past companies 26 historical roles
Total affiliations 46 Since May 1991
Shareholding value •••• Premium profile
About Mayur Ramniklal Shah
Data last updated:
Mayur Ramniklal Shah is a Managing Director at Marathon Realty Private Limited (since 1994), Director at Marathon Nextgen Realty Limited (since 2003) and Director at Terrapolis Assets Private Limited (since 2017), and holds 17 more current directorships. The companies operate in Real Estate and Construction, Construction and Financial Services. The 10 current companies with reported revenue have a combined latest revenue of ₹1,840 Cr; the largest is Marathon Realty Private Limited at ₹950 Cr (FY 2025). Earlier, Mayur Ramniklal Shah was a Director at Lark Consultancy Pvt Ltd (1992–2025) and Director at Matrix Waste Management Private Limited (2007–2015) and 24 more.
Mayur Ramniklal Shah and family are #1,608 among India's richest people (2026), with wealth of ₹1,200 Cr.
DIN 00135504
Primary Designation Managing Director
Industry Real Estate and Construction
First Appointment 29 May 1991
Oldest Company Age 48 yrs
Largest company Marathon Realty Private Limited · ₹950 Cr (FY 2025)
Combined revenue ₹1,840 Cr across 10 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Marathon Realty Private Limited U70100MH1994PTC084037 | Managing Director | 23 Dec 1994 | 1994 | ₹950 Cr (FY 2025) | Active |
 Marathon Nextgen Realty Limited L65990MH1978PLC020080 | Director | 31 Mar 2003 | 1978 | ₹759 Cr (FY 2023) | Active |
 Terrapolis Assets Private Limited U20210MH1993PTC073697 | Director | 04 Mar 2017 | 1993 | ₹68.42 Cr (FY 2025) | Active |
 Marathon Panvel Infrastructures Private Limited U45200MH2006PTC160346 | Director | 08 Mar 2006 | 2006 | ₹35.21 Cr (FY 2025) | Active |
| Matrix Enclaves Projects Developments Private Limited U40102MH2007PTC172714 | Director | 31 Jul 2007 | 2007 | ₹17.37 Cr (FY 2025) | Active |
| Columbia Chrome (India) Private Limited U81100MH1995PTC086069 | Director | 23 Jul 2004 | 1995 | ₹7.14 Cr (FY 2026) | Active |
| Cornell Housing And Infrastructure Private Limited U74140MH1983PTC029425 | Director | 01 Oct 2010 | 1983 | ₹1.74 Cr (FY 2025) | Active |
| Marathon Fiscal Private Limited U67100MH2008PTC182753 | Director | 28 May 2008 | 2008 | ₹35.3 Lakh (FY 2025) | 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 |
| Matrix Waste Management Private Limited U74900MH2007PTC172715 | Director | 31 Jul 2007 | 2007 | ₹17.63 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 |
| Nexzone It Infrastructure Private Limited U74140MH2007PTC172711 | Director | 30 Jul 2007 | 2007 | ₹6,290 (FY 2017) | Active |
| Marathon Securities And Properties Private Limited U67120MH1991PTC061846 | Director | 29 May 1991 | 1991 | ₹5.41 Cr (FY 2023) | Active |
| Nextgen City Utilities Private Limited U40102MH2007PTC172717 | Director | 31 Jul 2007 | 2007 | Active | |
| Marathon Nextgen Townships Private Limited U45203MH2008PTC183871 | Director | 23 Jun 2008 | 2008 | Amalgamated | |
| Swayam Realtors And Traders Limited U51909MH2004PLC148441 | Director | 17 Mar 2006 | 2004 | Converted To Llp | |
| Marathon It Infrastructure Private Limited U72900MH2007PTC172668 | Managing 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 Mayur Ramniklal Shah
Directorship timeline
Open interactive timeline →Marathon Buildcon Llp
Marathon Construction Llp
Marathon Nextgen Realty Limited
Terrapolis Assets Private Limited
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Shareholding and investment profile for Mayur Ramniklal Shah
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Frequently Asked Questions about Mayur Ramniklal Shah
Mayur Ramniklal Shah currently holds 20 directorships: Marathon Realty Private Limited (Managing Director, since 23 Dec 1994, revenue ₹950 Cr (FY 2025)); Marathon Nextgen Realty Limited (Director, since 31 Mar 2003, revenue ₹759 Cr (FY 2023)); Terrapolis Assets Private Limited (Director, since 04 Mar 2017, revenue ₹68.42 Cr (FY 2025)); Marathon Panvel Infrastructures Private Limited (Director, since 08 Mar 2006, revenue ₹35.21 Cr (FY 2025)); Matrix Enclaves Projects Developments Private Limited (Director, since 31 Jul 2007, revenue ₹17.37 Cr (FY 2025)); and 15 more.
Mayur Ramniklal Shah was first appointed on 29 May 1991 as Director at Marathon Securities And Properties Private Limited. The most recent appointment on record is 04 Mar 2017 at Terrapolis Assets Private Limited.
The 10 current companies of Mayur Ramniklal Shah that report revenue have a combined latest revenue of ₹1,840 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); Marathon Panvel Infrastructures Private Limited ₹35.21 Cr (FY 2025); Matrix Enclaves Projects Developments Private Limited ₹17.37 Cr (FY 2025); and 5 more.
Mayur Ramniklal Shah held 26 earlier board appointments: Lark Consultancy Pvt Ltd (Director, 04 Mar 1992 to 15 Sep 2025); Matrix Waste Management Private Limited (Director, 31 Jul 2007 to 26 Mar 2015); 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); Nexzone It Infrastructure Private Limited (Director, 30 Jul 2007 to 27 Mar 2015); and 21 more.
The current boards of Mayur Ramniklal Shah's companies include Chetan 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.