Maarq Spaces Private Limited

Real estate company with projects offering various amenities and upcoming project in Bangalore.

2015 | Bangalore South, Karnataka (India) | Active
Last Updated: June 15, 2024

Maarq Spaces Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.20 M
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 12.72 Cr
  • Revenue Growth 612.48%
  • Profit Growth -3399.66%
  • Ebitda -1446.50%
  • Net Worth -45.22%
  • Total Assets -27.06%

About Maarq Spaces

Maarq Spaces Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 September 2015 (Nine years and four months 30 days old ). Its registered office is in Bangalore South, Karnataka, India.

The Corporate was formerly known as Marq Spaces Private Limited. The Company is engaged in the Real Estate And Construction 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 M and a paid-up capital of Rs 4.20 M.

The company has closed loans amounting to ₹12.72 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Balakrishna Kudigram and Sunil Jain serve as directors at the Company.

Company Details

  • Location

    Bangalore South, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2015PTC082803

  • Company No.

    082803

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Maarq Spaces?

Board Members (2)

Name Designation Appointment Date Status
Sunil Jain Country flag representing In Director 10-Sep-2015 Current
Balakrishna Kudigram Country flag representing In Director 05-Aug-2016 Current

Financial Performance of Maarq Spaces.

Maarq Spaces Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 612.48% increase. The company also saw a substantial fall in profitability, with a 3399.66% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.22%.

Graph illustrating revenue growth over time
Graph showing 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
612.48%
Revenue from Operations
616.67%
Total Assets
-27.06%
Profit or Loss
-3399.66%
Net Worth
-45.22%
EBITDA
-1446.50%

What is the Ownership and Shareholding Structure of Maarq Spaces?

In 2023, Maarq Spaces had a promoter holding of 55.00% and a public holding of 45.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹127.20 M

Charges Breakdown by Lending Institutions

  • Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited : 12.72 Cr

Latest Charge Details

Date Lender Amount Status
22 Oct 2018 Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited ₹12.72 Cr Satisfied

How Many Employees Work at Maarq Spaces?

Maarq Spaces has a workforce of 12 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maarq Spaces, 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 Maarq Spaces'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 Maarq Spaces

Recent activity within the organization

  • Charges

    A charge registered on 22 Oct 2018 via Charge ID 100216384 with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited was fully satisfied on 01 Mar 2024.

    01 Mar 2024

  • Annual General Meeting

    Maarq Spaces Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited of Rs. 127.20 M registered on 22 Oct 2018 with Charge ID 100216384 was modified on 20 Dec 2021.

    20 Dec 2021

  • Charges

    A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited amounted to Rs. 127.20 M with Charge ID 100216384 was registered on 22 Oct 2018.

    22 Oct 2018

  • Director Appointment

    Balakrishna Kudigram was appointed as a Director was appointed as a Director on 05 Aug 2016 & has been associated with this company since 8 years 6 months .

    05 Aug 2016

Frequently asked questions

  • Maarq Spaces Private Limited was incorporated on 10 Sep 2015.

  • The authorized share capital of Maarq Spaces Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.20 M.

  • Currently 2 directors are associated with Maarq Spaces Private Limited.

    • Balakrishna Kudigram
    • Sunil Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maarq Spaces Private Limited is 1541 South End B Road, 9Th Block East Jayanagar, Bangalore South, Karnataka, India, 560041.

  • The corporate identification number (CIN) of Maarq Spaces Private Limited is U74900KA2015PTC082803 and the company number is 082803 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maarq Spaces Private Limited is https://www.maarqspaces.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maarq Spaces Private Limited has risen by 612.48%.

  • As Per 2023 financial reports, 12 employees are currently employed by Maarq Spaces Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maarq Spaces Private Limited has experienced an downturn of -45.22%.

  • The most recent Balance Sheet for Maarq Spaces Private Limited was filed with the ROC on 31 Mar 2023.

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