Maara Granites Private Limited

Specializes in mining and selling granite, established in 2017, based in Bangalore, Karnataka.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated:

Maara Granites Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.22 Cr
  • Revenue Growth -42.82%
  • Profit Growth 2.59%
  • Ebitda -16.79%
  • Net Worth 17.44%
  • Total Assets -1.94%

About Maara Granites

Maara Granites Private Limited (MGPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 October 2017 (Seven years and six months 8 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹3.22 Cr.

Ravikumar Neelamma, Manjunath Hassan, Ashrith Manjunatha, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2017PTC106985

  • Company No.

    106985

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 2017

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Metals and Minerals
Company report

Maara Granites Private Limited

Explore comprehensive data for Maara Granites Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Maara Granites?

Board Members (4)

NameDesignationAppointment DateStatus
Ravikumar Neelamma Country flag representing In Director 02-Nov-2022Current
Manjunath Hassan Country flag representing In Whole-Time Director 06-Oct-2017Current
Ashrith Manjunatha Country flag representing In Director 22-Sep-2018Current
Gurudatta Narayanarao Country flag representing In Director Current

Financial Performance of Maara Granites.

Maara Granites Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 42.82% decrease. The company also saw a slight improvement in profitability, with a 2.59% increase in profit. The company's net worth Soared by an impressive increase of 17.44%.

Maara Granites revenue growth over time
Maara Granites profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-42.82%
Revenue from Operations
-42.82%
Total Assets
-1.94%
Profit or Loss
2.59%
Net Worth
17.44%
EBITDA
-16.79%

What is the Ownership and Shareholding Structure of Maara Granites?

In 2023, Maara Granites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.22 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.68 Cr
  • Axis Bank Limited : 1.54 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2021Axis Bank Limited₹1.05 MOpen
31 Jan 2020Axis Bank Limited₹5.36 MOpen
30 Jan 2020Others₹5.50 MOpen
20 Jan 2020Others₹1.13 CrOpen
21 Sep 2019Axis Bank Limited₹9.00 MOpen

How Many Employees Work at Maara Granites?

Unlock and access historical data on people associated with Maara Granites, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Maara Granites Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maara Granites, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maara Granites's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Maara Granites

Recent activity within the organization

  • Annual General Meeting

    Maara Granites Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Maara Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Ravikumar Guruswamy Neelamma was appointed as a Director was appointed as a Director on 02 Nov 2022 & has been associated with this company since 2 years 5 months .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100424264 was registered on 16 Feb 2021.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.54 Cr with Charge ID 100321220 was registered on 31 Jan 2020.

  • Charges

    A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100343059 was registered on 30 Jan 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Maara Granites Private Limited?

    Maara Granites Private Limited was incorporated on 06 Oct 2017.

  • What is authorized share capital and paid-up capital of Maara Granites Private Limited?

    The authorized share capital of Maara Granites Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Maara Granites Private Limited?

    Currently 4 directors are associated with Maara Granites Private Limited.

    • Ravikumar Guruswamy Neelamma
    • Manjunath Balasubramanya Hassan
    • Ashrith Manjunatha
    • Gurudatta Narayanarao

  • What is the registered address of Maara Granites Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Maara Granites Private Limited is No. 105 Embassy Centre No.11 1St Floor Crescent Road, Kumara Park East India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Maara Granites Private Limited?

    The corporate identification number (CIN) of Maara Granites Private Limited is U74999KA2017PTC106985 and the company number is 106985 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Maara Granites Private Limited?

    The Official website of Maara Granites Private Limited is https://www.maaragranites.in

  • What has been the recent revenue trend for Maara Granites Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Maara Granites Private Limited has fallen by -42.82%.

  • What change has been observed in the net worth of Maara Granites Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Maara Granites Private Limited has experienced an upsurge of 17.44%.

  • What are the total open charges for Maara Granites Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Maara Granites Private Limited amount to ₹ 3.22 Cr.

  • When was the last Balance Sheet of Maara Granites Private Limited filed with the ROC?

    The most recent Balance Sheet for Maara Granites Private Limited was filed with the ROC on 31 Mar 2023.

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