Marathon Electric India Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
as on 26-07-2024
- Paid Up Capital ₹ 3.32 Cr
as on 26-07-2024
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 45.00 Cr
as on 26-07-2024
- Revenue -14.55%
(FY 2023)
- Profit -60.20%
(FY 2023)
- Ebitda -34.27%
(FY 2023)
- Net Worth 4.03%
(FY 2023)
- Total Assets 1.69%
(FY 2023)
About Marathon Electric 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.
- 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
Company Details
- Location
Haryana, Haryana, India
- Telephone
- Email Address
- Website
- Social Media
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.
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 and Corporate Structure Insights 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)
Altra Industrial Motion India Private LimitedActive 17 years 5 monthsRishi Bhatnagar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Abn Anro Bank N.V. Creation Date: 07 Feb 2000 | ₹25.00 Cr | Satisfied |
The Hongkong And Shanghai Banking Cor. Ltd. Creation Date: 19 Sep 1995 | ₹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.
