Marvel Hitech Limited

Global trading of various industrial materials and chemicals for multiple industries.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 02, 2025

Marvel Hitech Profile

Key Indicators

  • Authorised Capital ₹ 6.20 Cr
  • Paid Up Capital ₹ 2.07 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -40.13%
  • Profit Growth -73.21%
  • Ebitda 20.13%
  • Net Worth 0.10%
  • Total Assets 2.24%

About Marvel Hitech

Marvel Hitech Limited (MHL) is a Public Limited Indian Non-Government Company incorporated in India on 30 May 1994 and has a history of 30 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Chemicals And Materials 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 6.20 Cr and a paid-up capital of Rs 2.07 Cr.

The company has closed loans amounting to ₹1.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Hetal Shah, Champaklal Shah, and Sandip Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1994PLC022153

  • Company No.

    022153

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 May 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

Who are the key members and board of directors at Marvel Hitech?

Executive Team (1)

NameDesignationAppointment DateStatus
Sandip Shah Country flag representing In Managing Director30-May-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Hetal Shah Country flag representing In Whole-Time Director 30-May-1994Current
Champaklal Shah Country flag representing In Director 30-May-1994Current

Financial Performance of Marvel Hitech.

Marvel Hitech Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 40.13% decrease. The company also saw a substantial fall in profitability, with a 73.21% decrease in profit. The company's net worth moved up by a moderate rise of 0.1%.

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
-40.13%
Revenue from Operations
-95.67%
Total Assets
2.24%
Profit or Loss
-73.21%
Net Worth
0.10%
EBITDA
20.13%

What is the Ownership and Shareholding Structure of Marvel Hitech?

In 2019, Marvel Hitech had a promoter holding of 100.00%. 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

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 2009Dena Bank₹1.50 CrSatisfied

How Many Employees Work at Marvel Hitech?

Unlock and access historical data on people associated with Marvel Hitech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marvel Hitech, 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 Marvel Hitech'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 Marvel Hitech

Recent activity within the organization

  • Annual General Meeting

    Marvel Hitech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Marvel Hitech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 10 Jul 2009 via Charge ID 10173536 with Dena Bank was fully satisfied on 17 Aug 2020.

    17 Aug 2020

  • Charges

    A charge with Dena Bank of Rs. 1.50 Cr registered on 10 Jul 2009 with Charge ID 10173536 was modified on 19 Dec 2011.

    19 Dec 2011

  • Charges

    A charge with Dena Bank amounted to Rs. 1.50 Cr with Charge ID 10173536 was registered on 10 Jul 2009.

    10 Jul 2009

  • Director Appointment

    Hetal Champaklal Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 May 1994 & has been associated with this company since 30 years 8 months .

    30 May 1994

Frequently asked questions

  • Marvel Hitech Limited was incorporated on 30 May 1994.

  • The authorized share capital of Marvel Hitech Limited is ₹ 6.20 Cr and paid-up capital is ₹ 2.07 Cr.

  • Currently 3 directors are associated with Marvel Hitech Limited.

    • Hetal Champaklal Shah
    • Champaklal Hiralal Shah
    • Sandip Champaklal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Marvel Hitech Limited is 401 Samruddhi Opp. Sakar-3 Near Income-Tax Circle Off Ashram Road, India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Marvel Hitech Limited is U24231GJ1994PLC022153 and the company number is 022153 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Marvel Hitech Limited has fallen by -40.13%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Marvel Hitech Limited has experienced an upsurge of 0.10%.

  • The most recent Balance Sheet for Marvel Hitech Limited was filed with the ROC on 31 Mar 2024.

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