Marathon Heater (India) Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
as on 16-11-2024
- Paid Up Capital ₹ 3.50 M
as on 16-11-2024
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.20 Cr
as on 16-11-2024
- Satisfied Charges ₹ 7.83 Cr
as on 16-11-2024
- Revenue 39.78%
(FY 2023)
- Profit 51.11%
(FY 2023)
- Ebitda 54.72%
(FY 2023)
- Net Worth 45.49%
(FY 2023)
- Total Assets 37.18%
(FY 2023)
About Marathon Heater (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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.50 M.
The company currently has active open charges totaling ₹11.20 Cr. The company has closed loans amounting to ₹7.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinay Rathi and Sonal Rathi serve as directors at the Company.
- CIN/LLPIN
U31909GJ2008PTC149770
- Company No.
026148
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Marathon Heater (India) Private Limited offer?
Marathon Heater (India) Private Limited offers a wide range of products and services, including Thermocouple Sensor, Temperature Thermocouple, Industrial Heaters, Cartridge Heaters, Thermocouple, Silicone Rubber Heaters, Band Heater, Sensors & Transducers, Heater, Thermostat & Heating Devices, Strip Heaters.
Who are the key members and board of directors at Marathon Heater (India)?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Rathi  | Director | 14-Mar-2008 | Current |
| Sonal Rathi | Director | 30-Jun-2014 | Current |
Financial Performance and Corporate Structure Insights of Marathon Heater (India).
Marathon Heater (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.78% increase. The company also saw a substantial improvement in profitability, with a 51.11% increase in profit. The company's net worth Soared by an impressive increase of 45.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Marathon Heater (India)?
In 2023, Marathon Heater (India) had a promoter holding of 60.31% and a public holding of 39.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Accurate Sensing Technologies Private LimitedActive 15 years 2 monthsVinay Rathi and Sonal Rathi are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 30 Oct 2020 | ₹11.20 Cr | Open |
State Bank Of Bikaner & Jaipur Creation Date: 21 Mar 2011 | ₹2.25 M | Satisfied |
State Bank Of India Creation Date: 24 Jun 2009 | ₹6.88 Cr | Satisfied |
How Many Employees Work at Marathon Heater (India)?
Marathon Heater (India) has a workforce of 78 employees as of Mar 23, 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 Heater (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 Heater (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.
