Marathon Electric India Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 3.32 Cr
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 45.00 Cr
- Revenue Growth -14.55%
- Profit Growth -60.20%
- Ebitda -34.27%
- Net Worth 4.03%
- Total Assets 1.69%
About Marathon Electric India
Marathon Electric India Private Limited (MEIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 13 October 1994 and has a history of 30 years and seven months. Its registered office is in Haryana, Haryana, India.
The Corporate was formerly known as Gemi Motors India Private Limited. 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 4.50 Cr and a paid-up capital of Rs 3.32 Cr.
The company has closed loans amounting to ₹45.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Marathon Electric India Private Limited India is Arvind Pasricha as COMPANY SECRETARY. Rishi Bhatnagar, Sachin Jain, and Vivek Bali serve as directors at the Company.
Company Details
- Location
Haryana, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909HR1994FTC032429
- Company No.
032429
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
13 Oct 1994
- Date of AGM
29 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
What products or services does Marathon Electric India Private Limited offer?
Marathon Electric India Private Limited offers a wide range of products and services, including Air Compressors, Accessories & Parts, Compressor Spare Parts & Consumables, Electric Motors and Components, AC Motor, Electric Motor, Crane Spare Parts, Crane Duty Motor, Axial Fans, Axial Flow Fans, Industrial Fans.
Marathon Electric India Private Limited
Explore comprehensive data for Marathon Electric India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Marathon Electric India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvind Pasricha  | Company Secretary | 01-Feb-2012 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rishi Bhatnagar | Director | 19-Jul-2023 | Current |
| Sachin Jain | Director | 26-Aug-2019 | Current |
| Vivek Bali | Additional Director | 27-Apr-2024 | Current |
Financial Performance of Marathon Electric India.
Marathon Electric India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.55% decrease. The company also saw a substantial fall in profitability, with a 60.2% decrease in profit. The company's net worth moved up by a moderate rise of 4.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Marathon Electric India?
In 2023, Marathon Electric India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rathi Turboflex Private LimitedRishi Bhatnagar is a mutual person
Portescap India Private LimitedRishi Bhatnagar is a mutual person
Nicotra India Private LimitedRishi Bhatnagar is a mutual person
Altra Industrial Motion India Private LimitedRishi Bhatnagar is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹45.00 Cr
Charges Breakdown by Lending Institutions
- Abn Anro Bank N.V. : 25.00 Cr
- The Hongkong And Shanghai Banking Cor. Ltd. : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2000 | Abn Anro Bank N.V. | ₹25.00 Cr | Satisfied |
| 19 Sep 1995 | The Hongkong And Shanghai Banking Cor. Ltd. | ₹20.00 Cr | Satisfied |
How Many Employees Work at Marathon Electric India?
Marathon Electric India has a workforce of 920 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Marathon Electric India, 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 Marathon Electric India's trajectory.
Rating
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
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 Marathon Electric India
Recent activity within the organization
- Director Appointment
Vivek Bali was appointed as a Additional Director was appointed as a Additional Director on 27 Apr 2024 & has been associated with this company since 1 year 25 days .
- Annual General Meeting
Marathon Electric India Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.
- Director Appointment
Rishi Bhatnagar was appointed as a Director was appointed as a Director on 19 Jul 2023 & has been associated with this company since 1 year 10 months .
- Balance Sheet
Marathon Electric India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Director Appointment
Sachin Jain was appointed as a Director was appointed as a Director on 26 Aug 2019 & has been associated with this company since 5 years 8 months .
- Director Appointment
Arvind Pasricha was appointed as a Company Secretary was appointed as a Company Secretary on 01 Feb 2012 & has been associated with this company since 13 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Marathon Electric India Private Limited?
Marathon Electric India Private Limited was incorporated on 13 Oct 1994.
What is authorized share capital and paid-up capital of Marathon Electric India Private Limited?
The authorized share capital of Marathon Electric India Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.32 Cr.
Who are the current board members & directors of Marathon Electric India Private Limited?
Currently 4 directors are associated with Marathon Electric India Private Limited.
- Rishi Bhatnagar
- Sachin Jain
- Vivek Bali
- Arvind Pasricha
What is the registered address of Marathon Electric India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Marathon Electric India Private Limited is Faridabad, Haryana, India, 121004.
What is the corporate identification number (CIN) and company number of Marathon Electric India Private Limited?
The corporate identification number (CIN) of Marathon Electric India Private Limited is U31909HR1994FTC032429 and the company number is 032429 as per Ministry of Corporate Affairs (MCA).
What is the official website of Marathon Electric India Private Limited?
The Official website of Marathon Electric India Private Limited is https://www.marathonelectric.in
What has been the recent revenue trend for Marathon Electric India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Marathon Electric India Private Limited has fallen by -14.55%.
How many employees does Marathon Electric India Private Limited currently have?
As Per 2023 financial reports, 920 employees are currently employed by Marathon Electric India Private Limited.
What change has been observed in the net worth of Marathon Electric India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Marathon Electric India Private Limited has experienced an upsurge of 4.03%.
When was the last Balance Sheet of Marathon Electric India Private Limited filed with the ROC?
The most recent Balance Sheet for Marathon Electric India Private Limited was filed with the ROC on 31 Mar 2023.
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