Marathon Realty Private Limited - Company overview

Marathon Realty was incorporated on 23 December 1994 and is registered with ROC Mumbai.

1994-12-23 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 60.6%
FY 2023
PROFIT / LOSS
₹100–500 Cr
▲ 111.3%
FY 2023
EBITDA
₹100–500 Cr
▲ 101.9%
FY 2023
NET WORTH
₹500–1000 Cr
▲ 17.4%
FY 2023
TOTAL ASSETS
₹1000+ Cr
▼ -2.9%
FY 2023
EMPLOYEE COUNT
141–150
OPEN CHARGES
14
-
PAID-UP CAPITAL
14.67 cr
AUTHORISED CAPITAL
30.00 cr
COMPANY AGE
31 Years 10 Months
since 1994-12-23
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2023-10-17 19:44:55
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
96
6,618.95 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Marathon Realty covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
80/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (55), financial health (90), director (95) and company-foundation signals.
  • Operating for 31+ years.
Compliance Score Moderate
55/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Marathon Realty Company identity, industry, contact, and registration details from MCA and company records.

Marathon Realty was incorporated on 23 December 1994 and is registered with ROC Mumbai. It is an active private limited company, now more than 31 years old. Its registered office is at 702, Marathon Max, Junction Of Mulund-Goregaon Link Road, Mulund West, Mumbai, Maharashtra. It was earlier known as Marathon Realty Limited.

Its filings describe the main line of business as buildings, which made up 100% of turnover.

It has four directors: Nilesh Dhankumar Dand, Chetan Ramniklal Shah, Mayur Ramniklal Shah and Namita Tiwari. The longest-serving is Chetan Ramniklal Shah, on the board since 1994; the most recent to join is Namita Tiwari, appointed in August 2024. Mayur Ramniklal Shah is the managing director. Seven former directors are on record; the most recent to leave was Sonal Mayur Shah in January 2016. Between them, the directors also sit on the boards of 49 other companies, including Terrapolis Assets Private Limited and Citadel Realty And Developers Limited.

Paid-up capital stands at ₹14.67 crore out of ₹30 crore authorised. The last AGM on record was on 30 September 2024, for accounts made up to 31 March 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. 14 charges (secured loans) are still open, with Axis Bank Limited and Hdfc Bank Limited among the lenders, and 96 more have been paid off.

Real Estate and Construction ••••••••
  • Location 702, Marathon Max, Junction Of Mulund-Goregaon Link Road, Mulund West, Mumbai, Maharashtra - 400080
  • Website marathon.in
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Name History
Legal NameMarathon Realty Private Limited
CIN / LLPINU70100MH1994PTC084037
Company No.084037
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1994-12-23
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Marathon Realty (4) Current board members from MCA filings, including designation and appointment details.

N
Nilesh Dhankumar Dand
Director | Since 2018-11-27 | DIN: 00199785
C
Chetan Ramniklal Shah
Director | Since 1994-12-23 | DIN: 00135296
M
Mayur Ramniklal Shah
Managing Director | Since 1994-12-23 | DIN: 00135504
N
Namita Tiwari
Company Secretary | Since 2024-08-27

Financial Performance of Marathon Realty Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹1000+ Cr ▲ 60.6%
P&L ₹100–500 Cr ▲ 111.3%
EBITDA ₹100–500 Cr ▲ 101.9%
Net worth ₹500–1000 Cr ▲ 17.4%

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Charges of Marathon Realty Open and satisfied charges registered against the company with MCA.

Others : 366.00 cr
Hdfc Bank Limited : 100.00 cr
Axis Bank Limited : 45.00 cr
Open Charges: 14 Satisfied Charges: 96
Open -
Satisfied 6,618.95 cr
LenderAmountStatus
Axis Bank Limited
Creation Date: 30 Apr 2025
 45.00 cr Open
Hdfc Bank Limited
Creation Date: 15 Apr 2025
 100.00 cr Open
Others
Creation Date: 25 Mar 2025
 111.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ConstructionBuildings100

Companies With Common Directors Of Marathon Realty Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Terrapolis Assets Private Limited 3 Shared Directors
Citadel Realty And Developers Limited 2 Shared Directors
Columbia Chrome (India) Private Limited 2 Shared Directors
Cornell Housing And Infrastructure Private Limited 2 Shared Directors
Marathon Buildcon Llp 2 Shared Directors
Marathon Construction Llp 2 Shared Directors
Marathon Fiscal Private Limited 2 Shared Directors
Marathon It Infrastructure Private Limited 2 Shared Directors
Marathon Nextgen Realty Limited 2 Shared Directors
Marathon Nexzone Infrastrctures Private Limited 2 Shared Directors
Marathon Panvel Infrastructures Private Limited 2 Shared Directors
Matrix Green Housing And Commercial Developers Llp 2 Shared Directors
Matrix H2o Management Llp 2 Shared Directors
Matrix Salvage Management Llp 2 Shared Directors
Parmeka Private Limited 2 Shared Directors
Shree S S Infra Developers Private Limited 2 Shared Directors
Svarnim Enterprises Private Limited 2 Shared Directors
Swayam Realtors And Traders Limited 2 Shared Directors
Dhamorama Infra Private Limited 1 Shared Director
Hariyali Estate Private Limited 1 Shared Director
Ithaca Informatics Private Limited 1 Shared Director
Ixoxi Construction Llp 1 Shared Director
Ixoxi Equip-Hire Llp 1 Shared Director
Ixoxi Materials Supply Llp 1 Shared Director
Kanchi Rehab Private Limited 1 Shared Director
Khurjama Infra Private Limited 1 Shared Director
Lalpurma Infra Private Limited 1 Shared Director
Makanaka Education Llp 1 Shared Director
Mansik Education Llp 1 Shared Director
Marathon Ener-Gen Llp 1 Shared Director
Marathon Energy Private Limited 1 Shared Director
Marathon Nexzone Land Private Limited 1 Shared Director
Marathon Securities And Properties Private Limited 1 Shared Director
Matrix Enclaves Projects Developments Private Limited 1 Shared Director
Matrix Fiscal Private Limited 1 Shared Director
Matrix Land Hub Private Limited 1 Shared Director
Matrix Waste Management Private Limited 1 Shared Director
Matrix Water Management Private Limited 1 Shared Director
Nextgen Buildcon Private Limited 1 Shared Director
Nextgen Land Private Limited 1 Shared Director
Nexzone Buildcon Llp 1 Shared Director
Nexzone Energy Utilities Llp 1 Shared Director
Nexzone It Infrastructure Private Limited 1 Shared Director
Nexzone Land Private Limited 1 Shared Director
Nexzone Water Management Private Limited 1 Shared Director
Rozama Infra Private Limited 1 Shared Director
Swayam Realtors And Traders Llp 1 Shared Director
Trident Ozone Llp 1 Shared Director
Vinotak Investment Pvt Ltd 1 Shared Director

Financial Ratios of Marathon Realty Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Marathon Realty Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Marathon Realty EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Marathon Realty GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Marathon Realty Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Marathon Realty MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Marathon Realty Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

4 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Marathon Realty Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Marathon Realty Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Marathon Realty?
MCA does not publish an "owner" field. Marathon Realty is run by its directors, Nilesh Dhankumar Dand, Chetan Ramniklal Shah, Mayur Ramniklal Shah and one other, with Mayur Ramniklal Shah as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Marathon Realty?
Marathon Realty has four current directors: Nilesh Dhankumar Dand (since November 2018), Chetan Ramniklal Shah (since December 1994), Mayur Ramniklal Shah (since December 1994) and Namita Tiwari (since August 2024). Mayur Ramniklal Shah is the managing director.
What is CIN of Marathon Realty?
The CIN of Marathon Realty is U70100MH1994PTC084037. Reading it left to right: U means it is not listed, 70100 is the industry code it registered under, MH is Maharashtra, 1994 is the year it was registered, PTC is the company type and 084037 is its registration number.
When was Marathon Realty incorporated?
Marathon Realty was incorporated on 23 December 1994 with ROC Mumbai. That makes it more than 31 years old.
What is the registered address of Marathon Realty?
The registered office on MCA records is 702, Marathon Max, Junction Of Mulund-Goregaon Link Road, Mulund West, Mumbai, Maharashtra - 400080.
What is the current status of Marathon Realty?
MCA shows Marathon Realty as Active, and its last AGM on record was in September 2024.
What is the contact number or email for Marathon Realty?
You can post to its registered office at 702, Marathon Max, Junction Of Mulund-Goregaon Link Road, Mulund West, Mumbai, Maharashtra - 400080 and use its website, https://marathon.in.
What industry or business activity is Marathon Realty associated with?
Its MCA filings list the main business as buildings (100% of turnover).
What is paid-up capital and authorised share capital of Marathon Realty?
Paid-up capital is ₹14.67 crore and authorised capital is ₹30 crore, so about 49% of the authorised amount has been issued.
When did Marathon Realty last file accounts and hold an AGM?
The last AGM on record was on 30 September 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Marathon Realty?
14 charges against Marathon Realty are still open and 96 have been satisfied. Lenders named in the filings include Axis Bank Limited and Hdfc Bank Limited.
Have any directors left Marathon Realty?
Yes, seven former directors are on record. The most recent to leave were Sonal Mayur Shah (January 2016), Shailaja Chetan Shah (January 2016) and Ramniklal Zaverbhai Shah (June 2009).
Which companies share directors with Marathon Realty?
49 companies share directors with Marathon Realty. Among them are Terrapolis Assets Private Limited, Citadel Realty And Developers Limited, Columbia Chrome (India) Private Limited and 46 more.
What is the turnover or revenue of Marathon Realty?
Based on filed financial statements, the revenue of Marathon Realty for FY 2023 was in the ₹1000+ Cr range. That is up 60.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Marathon Realty?
For FY 2023, the net worth of Marathon Realty was in the ₹500–1000 Cr range.
How can I get the financial details of Marathon Realty?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Marathon Realty?
The website on record for Marathon Realty is https://marathon.in.
Which company owns marathon.in?
marathon.in is the website listed for Marathon Realty Private Limited in its company records.
Marathon Realty - is it listed or unlisted?
Marathon Realty is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Marathon Realty?
Marathon Realty is registered with ROC Mumbai.
What is the company classification of Marathon Realty?
MCA classifies Marathon Realty as: Private Limited Indian Non-Government Company.
Does Marathon Realty have subsidiaries?
Yes, 4 subsidiaries are on record for Marathon Realty.
Does Marathon Realty have GST registrations on file?
Yes, one active GST registration is linked to Marathon Realty.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.