Marg Properties Limited

Developing and selling residential properties, including affordable, luxury, and integrated homes in Chennai.

2009 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Marg Properties Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 83.00 Cr
  • Satisfied Charges ₹ 102.35 Cr
  • Revenue Growth -99.60%
  • Profit Growth -2435.77%
  • Ebitda -816.82%
  • Net Worth -19.10%
  • Total Assets -0.32%

About Marg Properties

Marg Properties Limited (MPL) is a Public Limited Indian Non-Government Company incorporated in India on 18 December 2009 and has a history of 15 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Marg Properties 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 2022. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹83.00 Cr. The company has closed loans amounting to ₹102.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ram Thummala, Selvapandi, and Kandasamy Karpagambal serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45400TN2009PLC073986

  • Company No.

    073986

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 2009

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

What products or services does Marg Properties Limited offer?

Marg Properties Limited offers a wide range of products and services, including Residential Property, Residential Flats, Real Estate Services.

Company report

Marg Properties Limited

Explore comprehensive data for Marg Properties Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Marg Properties?

Board Members (3)

NameDesignationAppointment DateStatus
Ram Thummala Country flag representing In Director 10-Jul-2019Current
Selvapandi Country flag representing In Director 10-Feb-2023Current
Kandasamy Karpagambal Country flag representing In Additional Director 23-Jan-2021Current

Financial Performance of Marg Properties.

Marg Properties Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.6% decrease. The company also saw a substantial fall in profitability, with a 2435.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.1%.

Marg Properties revenue growth over time
Marg Properties 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
-99.60%
Revenue from Operations
Total Assets
-0.32%
Profit or Loss
-2435.77%
Net Worth
-19.10%
EBITDA
-816.82%

What is the Ownership and Shareholding Structure of Marg Properties?

In 2022, Marg Properties had a promoter holding of 99.88% and a public holding of 0.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹830.00 M

Satisfied Charges

₹1,023.50 M

Charges Breakdown by Lending Institutions

  • Edelweiss Asset Reconstruction Company Limited : 50.00 Cr
  • Ifci Venture Capital Funds Limited : 18.00 Cr
  • Indian Overseas Bank : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Feb 2013Edelweiss Asset Reconstruction Company Limited₹50.00 CrOpen
31 Dec 2012Indian Overseas Bank₹15.00 CrOpen
23 Jan 2012Ifci Venture Capital Funds Limited₹18.00 CrOpen
28 Sep 2013Icici Bank Limited₹50.00 CrSatisfied
28 Sep 2012Edelweiss Asset Reconstruction Company Limited₹21.35 CrSatisfied

How Many Employees Work at Marg Properties?

Marg Properties has a workforce of 2 employees as of Apr 03, 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.

Employee growth trends for Marg Properties Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marg Properties, 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 Marg Properties'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 Marg Properties

Recent activity within the organization

  • Charges

    A charge registered on 28 Sep 2012 via Charge ID 10382265 with Edelweiss Asset Reconstruction Company Limited was fully satisfied on 23 Jun 2023.

  • Director Appointment

    Selvapandi was appointed as a Director was appointed as a Director on 10 Feb 2023 & has been associated with this company since 2 years 1 month .

  • Annual General Meeting

    Marg Properties Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Marg Properties Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

  • Director Appointment

    Kandasamy Karpagambal was appointed as a Additional Director was appointed as a Additional Director on 23 Jan 2021 & has been associated with this company since 4 years 1 month .

  • Charges

    A charge registered on 28 Sep 2013 via Charge ID 10452726 with Icici Bank Limited was fully satisfied on 23 Jan 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Marg Properties Limited?

    Marg Properties Limited was incorporated on 18 Dec 2009.

  • What is authorized share capital and paid-up capital of Marg Properties Limited?

    The authorized share capital of Marg Properties Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Marg Properties Limited?

    Currently 3 directors are associated with Marg Properties Limited.

    • Ram Mohan Thummala
    • Selvapandi
    • Kandasamy Karpagambal

  • What is the registered address of Marg Properties Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Marg Properties Limited is Sri Sai Subhodhaya Apartments No.57/2B East Coast Road, Thiruvanmiyur India, Chennai, Tamil Nadu, 600041.

  • What is the corporate identification number (CIN) and company number of Marg Properties Limited?

    The corporate identification number (CIN) of Marg Properties Limited is U45400TN2009PLC073986 and the company number is 073986 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Marg Properties Limited?

    The Official website of Marg Properties Limited is https://www.margproperties.com

  • What has been the recent revenue trend for Marg Properties Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Marg Properties Limited has fallen by -99.60%.

  • How many employees does Marg Properties Limited currently have?

    As Per 2022 financial reports, 2 employees are currently employed by Marg Properties Limited.

  • What change has been observed in the net worth of Marg Properties Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Marg Properties Limited has experienced an downturn of -19.10%.

  • What are the total open charges for Marg Properties Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Marg Properties Limited amount to ₹ 83.00 Cr.

  • When was the last Balance Sheet of Marg Properties Limited filed with the ROC?

    The most recent Balance Sheet for Marg Properties Limited was filed with the ROC on 31 Mar 2022.

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